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 TENAGA - Next stock to watch

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Cubalagi
post May 29 2019, 02:43 PM

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Wah.. Tenaga give Raya angpao.. 😆 No need play IPO
Cubalagi
post May 30 2019, 02:30 PM

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I exit Tenaga..

Initially I was already plan to hold longer but the rebound is so strong. Other markets are still red. Scared. Better take Raya angpao now.

This post has been edited by Cubalagi: May 30 2019, 02:34 PM
rocketm
post Sep 24 2020, 11:39 AM

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Hi everyone.

This is an old post but hope to get some opinion in this counter.

I am holding this counter for 500 shares. My average price is RM11.132. Is it still worth to add more?

Why the share price is in downtrend even before covid-19?
adam1190
post Sep 24 2020, 12:37 PM

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QUOTE(rocketm @ Sep 24 2020, 11:39 AM)
Hi everyone.

This is an old post but hope to get some opinion in this counter.

I am holding this counter for 500 shares. My average price is RM11.132. Is it still worth to add more?

Why the share price is in downtrend even before covid-19?
*
there is heavy selling pressure right now.. but i will suggest to add more at around 10.80 if it drop further (since the ex-dividend is next week)
rocketm
post Sep 24 2020, 12:42 PM

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QUOTE(jianwei90 @ Sep 24 2020, 01:37 PM)
there is heavy selling pressure right now.. but i will suggest to add more at around 10.80 if it drop further (since the ex-dividend is next week)
*
Thanks for your reply.

I noticed that too. But what causes the share price in downtrend even before covid19?
adam1190
post Sep 24 2020, 03:51 PM

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QUOTE(rocketm @ Sep 24 2020, 12:42 PM)
Thanks for your reply.

I noticed that too. But what causes the share price in downtrend even before covid19?
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i think one of the reasons is foreign fund has been selling
mbam
post Sep 24 2020, 07:06 PM

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I am so tempted to buy this counter today but will wait for tomorrow for better deal since it's Friday.

Wish me luck.

Cheers.
Deathscythe@@
post Sep 24 2020, 11:30 PM

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=Deleted=

This post has been edited by Deathscythe@@: Oct 2 2020, 02:50 PM
Eurobeater
post Sep 27 2020, 12:16 AM

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Will probably buy a couple more lots soon. This stock quite good at this price
adam1190
post Sep 28 2020, 05:21 PM

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very strong selling pressure, just cant go up..
adam1190
post Sep 29 2020, 09:10 PM

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Really don't know what went wrong, keep getting pressed down the price..
Taikor.Taikun
post Sep 30 2020, 04:12 PM

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10.56 now. Still falling
seiluen
post Sep 30 2020, 09:39 PM

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good time to buy in and keep for long term
Eurobeater
post Sep 30 2020, 11:03 PM

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RIP Tenaga. I didn't think the ex-entitlement decrease is so big.
rocketm
post Oct 1 2020, 12:41 AM

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QUOTE(Eurobeater @ Oct 1 2020, 12:03 AM)
RIP Tenaga. I didn't think the ex-entitlement decrease is so big.
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Why RIP? cannot get it.
Eurobeater
post Oct 1 2020, 10:04 AM

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QUOTE(rocketm @ Oct 1 2020, 12:41 AM)
Why RIP? cannot get it.
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Just making fun of the drop and their RM 1.8b tax bill
rocketm
post Oct 1 2020, 11:20 AM

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QUOTE(Eurobeater @ Oct 1 2020, 11:04 AM)
Just making fun of the drop and their RM 1.8b tax bill
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Thinking about tenaga, do you think they are still worth to invest in long term?

Green energy and still they also purchase a stake in power generator recently.
Eurobeater
post Oct 1 2020, 11:44 AM

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QUOTE(rocketm @ Oct 1 2020, 11:20 AM)
Thinking about tenaga, do you think they are still worth to invest in long term?

Green energy and still they also purchase a stake in power generator recently.
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My guess is most probably. Since utility tends to be quite stable in earnings coz people and businesses will use electricity and TNB has pretty much the monopoly in the sector. Their investments in green energy is also a plus point, though I think some of it isn't doing so well

Only question is when to enter only. Price now seems cheap compared to a few years back
adam1190
post Oct 1 2020, 05:07 PM

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down again today.. this stock still got hope? haihzz.
ayamback
post Oct 2 2020, 09:37 AM

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whats the reason for the sell down?

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