Since the electricity bills will be increase soon , I think most of us had noticed the price of Tenaga's share was increase many in 2 days . How do u think ? Will increase from time to time ?

today RED...

Upon announcing the hike in petrol price, TENAGA surged RM 1.70

I believe it has potential to go up.

Today's RED is mainly due to weak US market last Friday and global sentiments.

Can anyone tell me when will TENAGA pay dividen ?

I have managed to sell my TENAGA at RM9 on Friday.
The surge in price was mainly due to speculation play.
In actual fact, considering that the increases of over 100% in gas and coal, which consist most of TNB's cost, the 18% increase on residential and 26% increase in commecial buildings will not be sufficient to put it back on track.
TNB will still have trimmed profits for the coming years, but over the longer term, when the gas and coal prices are stable, then we can see TNB back to beat its earnings.
So, do not expect TENAGA's price to go up further, unless there are more developments in the company on ways it can cut its cost further.

This is just my 2 cents worth of opinion. Your opinion may differ from mine

Buy Tenaga once its back at 6-7 ringgit. Now still too expensive due to its poor cashflow.

I had bought it at RM8.50 last friday , but now is 8.25 ...
Guys , any opinion can give me ?

I am pretty sure Tenaga will head south. Tenaga doesn't have an efficient business model, it's all politically linked. Don't forget IPPS might sell their power generation assets so they can pass the Windfall tax to Tenaga.

If tomorrow early morning , the price is drop again , do u think I have to sell all or how ?

I cannot give you a direct answer, but let me tell you one thing. never fall in love with a stock.

TA Securities has downgraded its call on Malaysia’s dominant power distributor Tenaga Nasional Bhd to sell, saying price pressures would hurt demand for energy.

It did not say what its previous recommendation on the stock was.

The stock fell as investors judged last week’s 28 per cent jump was out of proportion to the company’s earnings prospects.

The shares ended lower by 75 sen, or 8.3 per cent, to RM8.25, its biggest decline since March 10.



On June 6, it leapt 23 per cent, the most in almost a decade after winning government approval to raise electricity prices. - Agencies

source : http://www.btimes.com.my/Current_News/BTIM...091846/Article/

If I were you, I wouldn't have bought the share when I know it was speculated, but since you have bought it, you could either hold on to it and see if TNB is going to get another tariff hike next year, or sell now to cut loss.
Remember, TENAGA surged RM2 in 2 trading days, all based on speculation.
Imagine if PNB and Khazanah sell more of their stake in TENAGA in the open market, how low would the price go?
It could be back to around RM7 or RM7.50, where it is more sustainable, until further developments.

This is just my point of view. You should do your due diligence when deciding.

I think you shouldn't be so harsh on him. Greed is a very hard human trait to overcome; and i am sure he wouldn't "chase" a stock when it has run off next time.

Again, with US equities being so cheap, you might see foreign funds dumping their emerging market holdings to reap better rate of return back in the states.

Target for Tenaga: RM 6.50

This post has been edited by AdamG1981: Jun 10 2008, 02:06 AM

I don't think his answer was harsh, just direct. And it's better for someone to be harsh to you rather than the market to be harsh to you.

SELL is better as price of this stock is surged due to good news announced by government.
Imagine although it might gain more profit, actually just to cover raising cost.
in fact, dun hv much cash flow gained.

That is right, though I wasn't harsh. People have to face the fact. I learned it the hard way though.
This morning TENAGA hit a high of RM8.45, if you have seized the opportunity, then it's alright.
If you missed the opportunity, maybe there will be another round up later in the day, but don't count on it.
Do not hold government-linked or losing stocks too long at this time, because you will have to wait very long to recoup your capital.

Recently the price consistency at 8.40 - 8.50 , if i sell now , will lose broker fees ...

Guys , based on ur knowledge , after few day , do u think the price will up or down ?

I'm doing short term invest only so dun wan keep this stock so long .

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Added on June 16, 2008, 9:50 pmToday afternoon session , hv 30000 Q at MYR8.500 buyer side . Anyone know what happen ?

This post has been edited by YuNGSeNG: Jun 16 2008, 09:50 PM

seek like no more 6.++ story...

i speculate tomorrow will go up

seek like no more 6.++ story...



RM 6.00 is the support level . If it go to RM 6.00 can buy and keep for long term to wait for it go up RM 9.00++
As tenaga will get electricity supply from Sarawak (bakun hydrodam) which i think will benefit tenaga. As they
don need to invest on the hydro dam which cost 4 - 6 billion. With the EPS of 0.80sen *( which means rm 6.00 we get PE of 8 which is very good).