Bursa Malaysia Stock Watch

Tenaga Nasional: Maintain Buy - The big bounty

kltrader
Publish date: Thu, 12 Apr 2012, 09:37 AM
kltrader
0 20,407
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.
Profit galore. Tenaga is scheduled to release its results today after market close. We think it will be a strong quarter boosted by a recovery in natural gas supplies and the heavier than normal rainfall will enable it to generate more power from its hydroelectric dams. It has also received RM2.0b of its cost sharing payments from the government and PETRONAS. Maintain Buy, with an unchanged target price of RM6.90/share, pegged to 13x FY13 PER.

Click here for full report

Source: Maybank Research - 12 April 2012
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment