After price increase for Petrol, Gas and Sugar, guess what will be the next one?
Today's news papar:
quote
The federal Cabinet has agreed in principle to a revision of electricity tariff but has not
decided when it should take place, Energy, Green Technology and Water Minister Datuk
Seri Peter Chin Fah Kui said. There were many issues that the government needed to
address before a time could be set for the revision. (StarBiz)
unquote

Seem there is one stock, the price will go up but we don't know when, the stock is TENAGA (RM8.61)
You need to keep for few months until government make the announcement.

Yep , I have to strongly agree with you . Infact , I have already bought TENAGA stocks and I must say it's been going up like crazy the past few weeks/months . I can still see good potential in it .

Any potential upside will be tariff hikes. Other than that, only thing to look forward to is the yield %. Core holding for most unit trusts and mutual funds.

Whenever Tenaga needs to borrow money for expansion, gomen will allow a tariff hike, if not, Tenaga will have to borrow at high interest cost. The additional tariff hike is to generate the no. of times of interest cover to get a reasonable ratings.

Not much oomph in such counters.

Steady with a little bit of kick every now and then.

Can anybody please explain the recent massive drop in tenaga price to
RM6 ++

There dun seem to be a split.

Sorry, stock newbie here.

There's a bonus issue 1 for 4.
20% drop in price from 8xx to 6xx

duplicate threads..... pls use below instead thanks

http://forum.lowyat.net/topic/714846/+140

AmResearch recommend Buy with TP @ 10.45

EX-date 18/12/2013
Entitlement date 20/12/2013
Entitlement time 04:00:00 PM
Entitlement subject Final Dividend
Entitlement description Final single-tier dividend of 15.0 sen per ordinary share for the Financial Year ended 31 August 2013.
Period of interest payment to
Financial Year End 31/08/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Symphony Share Registrars Sdn. Bhd., Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan.

Tel.: 03-7841 8000
Fax: 03-7841 8151
Payment date 31/12/2013

By AmResearch
Buy (maintained)
Fair value: RM10.45

THE Star reported yesterday that Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili as saying that consumers should brace themselves for a 10%-20% hike in electricity tariffs any time next year.

Based on the current average tariff rate of 33.5 sen per kilowatt hour (kw/h), this could mean that electricity rates could rise to 36.85 sen per kwh to 40.2 sen per kwh.

This rate hike seems to be above our own estimates of an average hike of 8.5%, assuming that the tariff increase is sufficient to offset the cost increase to RM43 per per million British thermal units (mmbtu) (from the current price of RM13.70 per mmbtu) for 250 million standard cu ft per day (mmscfd) of natural gas purchased above 1,000 mmscfd.

In our view, the tariff adjustments may exclude the low-income population while the middle-income group may be less affected than heavy users of electricity such as the industrial and commercial segments.

Currently, the average tariff for industrial users is 32.2 sen per kw/h, while commercial is 42 sen per kw/h and residential is 29.7 sen per kw/h. Hence, the industrial tariff, which was originally set at a lower rate to promote the country’s industrialisation, is already 24% below the commercial segment.

TENAGA Analysis – http://lcchong.wordpress.com/2013/11/30/te...is-30-nov-2013/

Another round of increase in tariff by TNB effective 1/1/2014
Buy TNB share tomorrow

ANNOUNCEMENT ON THE ELECTRICITY TARIFF REVIEW IN PENINSULAR MALAYSIA
http://www.bursamalaysia.com/market/listed...cements/1480085

Electricity bill sure up next month

Electricity tariff review slightly positive for TNB, says RAM

RAM Ratings Services Bhd expects the electricity tariff review to have a slightly positive impact on Tenaga Nasional Bhd (TNB).

In a statement here today, RAM said the rate revision, effective Jan 1, 2014, would amply cover TNB's higher fuel costs and escalating operational expenses.

"We believe the implementation of an imbalance-cost-pass-through mechanism (ICPT), accompanied by the incentive-based regulation (IBR), should help preserve TNB's long-term financial profile.

"This reinforces our expectation of solid and consistent government support for TNB (rated AAA/stable/), given its critical role as national electricity company," it said.

RAM said the ICPT enabled TNB's fuel cost to be reviewed on a regular basis, while the IBR allowed its efficiency to be incorporated into the base tariff.

TNB Flew right off the roof! heading any higher?

Delete

This post has been edited by crow190569: Jan 2 2014, 12:00 PM

Tenaga Q1 earnings up 22.6% to RM1.735bil

Tenaga Nasional Bhd saw its earnings rise 22.6% to RM1.735bil in the first quarter ending Nov 30, 2013, from RM1.416bil in the corresponding quarter last year.

This was from a revenue of RM9.585bil, a 5% improvement from the same period the year before,

The company’s profit before tax, however, went down 20% to RM1.603bil from RM2.003bil.

Earnings per share were 30.74 sen – up 5.03 sen previously. Tenaga did not declare any dividend at the time of writing.

According to Tenaga, the quarter recorded sales of electricity of RM9.0775bil against RM8.8062bil previously.

“The improvement was mainly from sales of electricity in the Peninsula and Sabah, which recorded an increase of 3.3% and 1.6% respectively. The units sold also registered a growth of 2.6% in the Peninsula and 1.4% in Sabah as compared to the corresponding quarter,” it said.

Tenaga said operating profit in the quarter was 13.4% lower at RM1.5229bil from RM1.7578bil due to higher operating expenses incurred during the quarter, but that the higher earnings was due to “significant movement in taxation, being the result of reinvestment allowance incentive of RM201.7mil and the reversal of deferred taxation of RM188.7mil to reflect the change in the taxation rate from 25% to 24%.

I regret la didn't buy TENAGA shares last year...

then this year was about to buy at RM 11.16.

now already RM 11.80. Still worth buying?

it's near 5year high, not worth to "chase" it now

Tariff hike to keep Tenaga 'out of the red', says CEO

Tenaga Nasional Bhd (TNB) will have a stable performance this year as the electricity tariff hike is expected to keep the state-controlled utility "out of the red", CEO Datuk Seri Azman Mohd said.

Azman said the tariff hike took into account fuel and energy cost.

“We are not worse off with the new tariff,” he told reporters after TNB's Chinese New Year charity lunch today.

Also present was TNB director Datuk Chung Hon Cheong who highlighted that only 18% of proceeds from the tariff go to the firm. The balance is funnelled back to the government, Chung said.

TNB reviews its electricity rates every three years. The previous review was in 2011.

Today, Azman said TNB's decision to raise electricty rates would depend on the fuel cost which was governed by global market prices.

but then, any good stock should increase over the years right??

if next year, it became 6 year high, I regret even more.

If u have crystal ball, go ahead

we cannot predict which stock, but I think O&G related stock should be good buy, all up within few months yo

I donno if tenaga would go even higher from current level. Why not ask those sifu / expert, I'm still learning

any recommendation?? those from Petronas are quite expensive, I cannot buy many.

why Shell is not listed on Bursa?

shell listed in bursa malaysia
http://www.bursamalaysia.com/market/listed...stock_code=4324

eh ....

I tried searching before but no results came out... guess I was wrong.

I have many crystals balls at home, but too bad cannot see the future using them.

Y Tnb down 34 cents today?

I guess foreign selling. Morgan Stanley downgraded the stock.

Price quite high... investor still eyeing for another round of tariff increase from TNB, I doubt so loo

EX-date 15/05/2014
Entitlement date 19/05/2014
Entitlement subject Interim Dividend
Entitlement description Interim Single-Tier Dividend of 10.0 sen per ordinary share in respect of the Financial Year ending 31 August 2014
Payment date 29/05/2014

Tenaga, SIPP sign HOA for Track 4A Pasir Gudang power plant

Tenaga Nasional Bhd has signed a heads of agreement with SIPP Energy Sdn Bhd today for the proposed combined-cycle power plant known as Track 4A in Pasir Gudang, Johor.

According to Tenaga's filing with Bursa Malaysia, the power plant will have an estimated capacity of between 1,000 MW and 1,400 MW.

"[The agreement is] signifying the principal terms of the proposed joint venture with SIPP Energy Sdn Bhd, which will undertake to build, own and operate a power plant of approximately 1,000 MW - 1,400 MW on a land in Pasir Gudang, Johor," Tenaga said.

Tenaga partners with 1MDB to develop power plant in Bangladesh
http://www.theedgemalaysia.com/index.php?o...08584&Itemid=79

Tenaga Nasional Bhd will proceed with the controversial Track 4A project to build and operate the 1,000MW to 1,400MW power plant in Pasir Gudang, Johor, said its president and chief executive officer Datuk Seri Azman Mohd.

http://www.theedgemarkets.com/my/article/t...roject-says-ceo

I dont understand the logic, utilities are necessities and increasing the tariff on regular basis is obviously not required if they are making tons of money.


"Tenaga Nasional Bhd has made its highest ever net profit of RM6.4 billion in financial year ended August 2014 which is an 18.5 per cent increase compared to RM5.4 billion last year.

Its chairman Tan Sri Leo Moggie said the rise was attributed to a reduction in corporate tax which account 54 per cent of the RM1 billion increase as well as lower coal prices at US$83.6 a tonne.

Tenaga Nasional also invested a record high of RM10 billion in capital expenditure during the year to ensure a steady and reliable supply of electricity."

sos: NST

You're thinking like PR... remember when Khalid said "we do not need any more dams, we are not going to run out of water any time soon" ? what happened years later?

Consumers may see electricity tariffs revised downward in the second half of this year due lower coal prices and Tenaga Nasional Bhd’s (TNB) lesser reliance on gas power plants.

According to a source, TNB along with other power-generation companies such as Malakoff Corp Bhd were now opting for higher coal usage for their power generation.

The source says that with lower crude oil and coal prices, as well as the shift of fuel mix gravitating from gas to coal, it would enable power-generation companies to operate and a lower production cost.

The Cabinet has agreed to reduce the electricity tariff with the imbalance cost pass-through (ICPT) of 2.25sen/ kWh beginning March 1.

The reduced tariff are for users consuming 300kW/h and more monthly.

Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili consumers can expect a saving of between RM13.50 and RM45 on their monthly bills.

The reduced tariffs are valid till June 30.

Good

Averaged down my cost to below 14. Hope it would not drop further.

it will definately drop further lor...

EPF steps up purchase of Tenaga shares with the recent purchase of nearly four million shares on March 6 for a total of RM58.46mil

go go go

Tenaga expected to post good second quarter earnings expected to out next Monday

This post has been edited by nexona88: Apr 24 2015, 01:24 PM

Tenaga's keenness on 1MDB power plant akin to 'bailout' - analysts
http://www.theedgemarkets.com/my/article/t...ailout-analysts

looks like local funds support is strong..

from low of 13.66 in the morning, it went up to 13.84 before settling down at 13.82

Tenaga will consider buying stake in 1MDB unit Edra
http://www.theedgemarkets.com/my/article/t...-1mdb-unit-edra

I smells some kind of "bailout" in tis statement

next week sure have some selling pressure on the stock

falling for a 5th day. 6 months low, i think.

nobody wants to catch this falling knife?

Touch the lowest mark of 13.22 on 11/2 for tis yr

Tenaga skids to mid-December low on worries of high price for Edra assets

www.thestar.com.myBusiness/Business-News/2015/05/25/Tenaga-skids-to-mid-December-low/?style=biz

Today lowest point 12.98, can go in?

Time to jump in?

TNB’s shares gain momentum after recent sell-down
http://www.nst.com.my/node/85722

if i had the cash i wouldve jumped in today

i prefer to wait a bit longer, watch for news.

given the fluid situation of 1mdb, u never how a bigger black hole will emerge.

i will not assume the darkness will go quickly...

i heard they revised not to take edra energy this morning.

that is the news i hope to confirm.
the shareholders will probably say they will block it, officially.
but... if da man has his way, it will be done, maybe at an even higher price.
only a jedi can sense who has the strongest midi-chlorians!

so, i wait a bit...

it's good news

because of tis edra energy thingy, rm 6bil wipeout from Tenaga market capitalization

no worries lah

This post has been edited by old_and_slow: May 26 2015, 09:42 PM

tenaga today being dumped... who is in?

http://www.themalaymailonline.com/malaysia...oject-from-1mdb

This post has been edited by elea88: Jun 18 2015, 02:47 PM

Top losers now

time to slowly accumulate

Does anyone know how much TNB ask for the power tariff for Project 3B & the IRR after the so-called “small revision” for taking over from 1MDB

Tenaga chief says 1MDB power plant buy to have 'positive impact'
http://www.theedgemarkets.com/my/article/t...positive-impact

okay already found out..

TNB is offered a levelised tariff of not more than 26.67 sen per kWh, 1.34 sen higher than the levelised tariff that was awarded to 1MDB-Mitsui consortium at 25.33 sen.

a concession period of 25 years

to have an IRR of 7%-9%

The capital expenditure of the Project 3B power plant is estimated at RM12bil (compare RM11bil with 1MDB)

Malaysia's Tenaga plans $2.7 bln Islamic bond after power plant buy -sources
http://www.reuters.com/article/2015/06/23/...N0Z90IC20150623

No worries because there's demand from Local & Foreign Funds

Cabinet says NO power tariff hike from July 1 to Dec 31

Operational target date for Project 3B shifted to June 2019
http://www.thestar.com.my/Business/Busines...2019/?style=biz

Acquire 70% interest in JIMAH EAST POWER SDN. BHD for RM47 mil from 1MDB
http://www.bursamalaysia.com/market/listed...cements/4792901

New shareholder may emerge in Project 3B under by TNB and Mitsui
http://www.thestar.com.my/Business/Busines...tsui/?style=biz

meaning it is still not at it's low.

if low and worth it, then whack fast not slow...lel

Of course no hike for this special season of "I am innocent of everything".

Jimah Power net losses for FY end March 2015 at nearly RM120m
http://www.thestar.com.my/Business/Busines...120m/?style=biz

Tenaga submits proposal to buy Edra’s 13 power assets from 1MDB

http://www.thestar.com.my/Business/Busines...sets/?style=biz

so how is the proposal to buy the 13 power asset affect the stock price ?

TOP 12.38

Recover from a Low of 12.24 to 12.46 now

Both Edra Global n Tenaga Nasional have common major shareholders
If tis deal is sealed, it's deem as RPT
Eventually MI will decide on the deal during EGM?

Minorities to decide on TNB acquisition of 1MDB's Edra
http://www.thestar.com.my/Business/Busines...cide/?style=biz

Please exercise your Rights accordingly

Tenaga Nasional Q3 earnings down on ICPT

http://www.thestar.com.my/Business/Busines...789m/?style=biz

Is this a good time to enter ?

I'm not sure. the price could drop even lower

If at 8 i think its really a bargain im looking at this

Tenaga Nasional Bhd's 70%-owned Jimah East Power Sdn Bhd (JEP) plans to raise up to RM10 billion from a sukuk, which will finance a proposed 2,000MW coal-fired power plant in Negeri Sembilan.

In its filing to Bursa Malaysia today, Tenaga said the 23-year sukuk would be issued in one lump sum.

http://www.theedgemarkets.com/my/article/t...nd?type=Markets

Tenaga Nasional Bhd is one of four suitors shortlisted for the final round of bidding in state fund 1MBD's sale of its power unit Edra Global Energy Bhd, banking sources said.

http://www.thestar.com.my/Business/Busines...sale/?style=biz

is this going to push the price down ? down how much?

it's depend on how much Tenaga offer to buy Edra?

last I heard they offer below 20%

officially Tenaga is out to buy Edra

The China parties won the bid to buy all Edra assets

TNB could see major upside ahead
http://www.thestar.com.my/Business/Busines...head/?style=biz

TNB eyes overseas power assets especially into the emerging economies
http://www.thestar.com.my/business/busines...sets/?style=biz

TNB to acquire 30% in Turkish power and water utility

http://www.thestar.com.my/business/busines...lity/?style=biz

wow!! Suddenly RM 14 ...

Is this a stock to keep??

TNB revises Turkey’s Gama Energi purchase price to US$255mil
http://www.thestar.com.my/business/busines...us$255mil/

10sen Interim Single-Tier Dividend

EX-date 18 May 2016
Payment date 31 May 2016

BUY, TP rm16.80

http://cdn1.i3investor.com/my/files/dfgs88...--951185555.pdf

looks like I'll pick up this stock soon