Bursa Malaysia Stock Watch
AmResearch maintains Buy on Tenaga
kltrader
Publish date: Mon, 12 Jul 2010, 03:34 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
KUALA LUMPUR: AmResearch says Tenaga is currently trading at an attractive CY10F PE of 11 times vis-à-vis its five-year average of 14 times.
It said on Monday, July 12 that it reiterated its BUY call with an unchanged DCF-based fair value of RM10 per share.
The factors are (1) Resurgence in power consumption growth; (2) Appreciating Ringgit; (3) Improving economies of scale with declining power reserve margin - currently at 45%; 4) Potential corporate moves such as bonus or increasing dividend payout; and (5) Return of foreign investors to one of the most liquid stocks on Bursa Malaysia.
It said on Monday, July 12 that it reiterated its BUY call with an unchanged DCF-based fair value of RM10 per share.
The factors are (1) Resurgence in power consumption growth; (2) Appreciating Ringgit; (3) Improving economies of scale with declining power reserve margin - currently at 45%; 4) Potential corporate moves such as bonus or increasing dividend payout; and (5) Return of foreign investors to one of the most liquid stocks on Bursa Malaysia.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
2
3
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
4
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
6
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
