I'm pretty keen to get into wax but kind of worried as MAS is expected to list again somewhere next yr right ?

With the new management, they may be doing well and that's going to be an added competition for AAX although both airlines compete in different market segments

yes.

here's my reasoning.

1) their 176usd project in Pakistan has been confirmed.

http://m.thesundaily.my/node/444390

2) it's a "too big to fail" kind of stock.

3) it's one of the cheapest expensive stock out there. (myr fluctuation)

4)election stock.

I would love to buy more but I do not have the patience for it.

it is a very very stable stock. sometimes no movement.

target price 16.

Tenaga forward dividend yield to be around 4-5%

Treat it as something like property investment, buy and hold for "rental" income

tenaga is in my radar. and i like ur reasoning. but thinking of value buying, probably after election? i got patience.

isit a feasible plan?

MAS will always be boggled down by their union. one of the main reason why I avoid counters that are protected by the government. look at FGV and you will understand what I mean.

i am no pinky spider or Boon3 or dividend magic I do not have the time to stare at the bursa all day or attend agms or know what's PE ratio or what not.

All I am is an average Joe so my principles are simple. If you understand the nature of the company and its vision and mission. just invest long term.

stay invested, since 1.40

That bolded statement is something that i agree strongly with you


Btw, you forgot to tag gark

Huat like babi head lo u

I only attended 1 AGM...of my own company

I don't stare at Bursa screen all day...unless when I'm on MC at home

I don't think it could be as high of 4-5%, 3-4% should be a more realistic dividend yield target.

They can't give all the profit as dividend like BAT, or like other consumer stocks.
Cash is needed for capex as well as expanding for more power station, as electricity consumption will only go higher not lower.

Not to mention potential higher borrowing cost in USD in the future or when needed for refinancing time (as Fed is expected to increase interest rate further), as it has significant USD borrowing.

But if RM vs USD exchange rate favourable, coming quarter may see some forex gain as well.

It is a defensive stock, and one of cheaper stock in term of valuation for big cap or KLCI components.

The risk of this stock is always the same throughout the history aka tariff revision if fuel cost goes higher time.

of course. treat tenaga as your fixed deposit. no really. don't laugh. it's slow. it's stable. liquidity ain't a issue with tenaga as the volumes are always in their hundreds. also epf is one of the major shareholders in tenaga. keep it for the dividends.

what's not to love this counter.


opps. I'm not a regular here so I am not close to some of the masters. fsm kinda boring already hahahaha

well one thing I love about stocks is that they will never allow it to be at status quo. the BOD and ceo need to answer to their share holders if things don't change for a long period of time hence why I notice they are always seeking projects outside malaysia. I will always have tenaga in my portfolio.

on paper it's a very nice dream to have. until some corrupted minister spoils the fun for everyone.

Cant top up FSM anymore since i dont have enough funds. Just going to leave what i have in FSM and watch it grow.

Well that is what FSM is all about, right ? Passive investing!

Btw, did you attend their workshop on Bonds last Saturday ?

nah man. one reason I can't attend agms and fsm workshop because there's a freaking sea separating me from west malaysia

Bro I'm also your average Joe investor investing for the long term only. Stare at the screen hoping to add one more 0 to my portfolio only.

me small fry only. no meat geh...

today buy
pohuat @1.8
JKGLAND @0.115
for medium to long term ..

queuing at 0.11...failed to buy today...

what is your target sell price bro ?
u may try again today ~~

today is a public holiday bro

@_@"..
lolx. next working day