https://www.tnb.com.my/assets/quarterly_results/AB_1QFY2023.pdf
Can find the Q to Q comparison. More impressive, coal price q4 vs q1 is reflected which you can't see Y to Y. ESG rating top in the region now and 42 in world ranking. ESG investing will be here to stay and the big funds has this in their check box. All others look good for the year. EDBITA margin improve q to q vs the negative Y to Y comparison. Let's how the big funds see this today.

Fuel cost savings not reflected in this qtr yet. Cash flow increase 5bil since last year. Sky are finally clearing,, 😊

If TNB received 4 billion in receivables in Jan , the reflected Revenue should be slightly higher than in Q4 when they received 5.8 billion in receivables last qtr. Around 14-15 billion in revenue. Revenue is not so critical , as long as the profit margin remains and with the timing mismatches of ICPT mechanisms. Analyst can only assume the numbers. Lower financing cost due to the lower receivables will be another good news. Not much ,potential interest savings of 200 million/yr (based on Kenanga's report). Should see ?1 billion PAT number , hopefully on the high side of 1.2 bil plus. The cost per unit savings due to the lower fuel cost will not be a direct savings but reflected an improve cash flow and lower borrowing costs on fuel. Analyst should be happy on the lower ICPT receivables and the consistent payment moving forward from the gomen.
Check out : https://www.businesstoday.com.my/2023/05/09/lower-gas-coal-prices-confirm-lower-icpt-for-tenaga-kenanga/

Deekay :) , I think TNB is not a concern anymore compared to last year when EPF sell off from17% to holding only 14% last year during 3x EPF withdrawal fiasco and lots of shot agents to bring the share further down with nonsensical arguments. Only the IB and foreign shareholders can make a concerted effort to bring it down. We cannot swing trade TNB as is too hugely controlled by big IBs. Long term value is still intact with dividend rate of 5%. Looking at the trade mild shorts is happening in between large volume of buying to average down the purchase price. This signify strong IB support. Expect improve/better then expected qtrly next week . Hope to see more rallys next week

no worries will recover

Net short position recovered from 0.23 to 0.18% during the rally. it maintain 0.18%. Yesterday short selling was at~130k shares. We see this pattern all the time. The big brothers are still buying, shorts will prevent unsustainable low volume increase of price. Base on suruhanjaya tenaga daily fuel cost. Q4 2022 is cost per unit average out to be 34 cents per kwh vs 26 cents per kwh in Q1. This is nearly 20% reduction. Q4 fuel cost is near to 6.3 billion. Not sure cost of IPP payment , assumption of 10% savings to TNB , will be easily extra 600 million plus no more cukai makmur of 340 Mill. Can we see PAT extra of 1 billion? this qtr? : ). 0.8 billion in Q4 2022 vs 1.5-1.8 billion PAT possible? Slightly wild but definitely will be above 1 billion PAT this qtr.

I meant < 0.4 is ok , technical analysis does not work for OCK or need to wait and let Qtr results shows? A bit too boring for some. Revenue growth average 14%/yr . Ebit margin 12.7% , slighly downtrend lately. PE ratio drop from 20s to ~12 lately. Concern on the ROE due to the tower business vs services. hight of 8 % dropping to 5%. This is the major concern. Anyway, to each its own . Important to look at the latest qtrly result. Technically already oversold and major support 0.36

Buy below 4 is a good deal. Low risk of 5g infrastructure and services not picking up

upgrade from HLIB, it has been a while since IB call for an upgrade. KLSE has been disappointing so far this year

https://www.klsescreener.com/v2/news/view/1144061/ock-founder-looking-at-restructuring-charting-new-direction-to-enhance-group-s-value

Still no interest yet in the counter...long wait 2months oredi

https://www.klsescreener.com/v2/news/view/1144061/ock-founder-looking-at-restructuring-charting-new-direction-to-enhance-group-s-value

Still no interest yet in the counter...long wait 2months oredi

today big funds off. Low volume increase . However the shorts are not very active last 2 trading days, might have stabilize. Most likely khazanah has to rebalance its portfolio based on their 2023 strategic assets allocation. Don't see any bad news coming. See it as opportunity to accumulate.

PMX has to show something different to walk the talk. Most likely 2nd network in 2024 is true, eager to know how the market will react , make or break today.

Ya very lonely forum :) , this will take a while but good sign to confirm, they need funding on the expected growth in tower infrastructure if dual network is expected to materialize next year. Either way OCK business will be positive. Will read up the article.

DNB review will be tabled today. News by Reuter is already out , most likely DNB will continue, and 2nd network to be launch only early next year to increase competition. Infrastructure has to be plan out first.

total short selling position went up to 0.2 from 0.16% , historically can go up to~ 0.22 before it sizzles back down. Might go below 9 if no buying support.

At least more volume seen, shorts follow by heavy purchase...for the last few days...thus the hammer candle seen. Might be similar pattern today.

Ya, good observation @qcmboy, the bear is getting weaker and the bull is about to engage. It has been a long wait ....

Many continues to rant KLSE never protects investors, already put it to PN17 still hot, gamblers will be gamblers, some win some will loose. You make a choice going from 0.05 to 0.07 or 0.05 to 0.03?

Emir Oil , Kazachztan oil field cannot break even for the last 10 years , the debt conversion is due to the fact that interest rate still has room to rise . To think that opec cuts is positive is wishful thinking. Short term shock results in the oil price increase, long them fact is the OPEC+ inventory is seeing a 10% increase since FEB. Meaning demand is not as high as expected. China is demand might be increasing but it has its own stock pile reserves and it chooses to get it from Russia mainly at a lower price. Remember to Reach , oil is not making money yet but equity share holders money is easier to accumulate. Some one needs to look at its breakeven potential and their PN17 recovery reports. Until then gamblers know when to walk away or to run. Good luck

Reach being in the red since inception, any promise of turn around depends on the any major potential oil find or efficiency in Kazakhstan contracted area. So far can't see any . It has not been making money since 2014, even at 2018 when oil price slightly recovered. This business are based on other peoples money to keep going. Good gamble?

First upgrade on telco business by KENANGA to overweight. More to come ! SWN or DWN as long as things are efficiency monitored and consistent will be good for the sector. Don't missed it

Expect more selling pressure as last 3 trading days of 80 mil shares transaction. How long can they hold ? Or will they cut lost?

Could be a good gamble below 4 cents

Opportunity or stay away?

Opec cuts production and oil price shoots up. Opec reacted as biden openly mention US will not refilled their strategic reserves and China demand of extra 1 mil a day is not happening. Will mean FEDs will need to prolong interest hike to cool inflation and reduce demand/consumption. On the flip site oil price increase means less money will be put into the economy as people will spend more at the pump station, thus core inflation is better controlled. Money to flow to oil rich countries vs those net importer. Economist is trying hard to predict global economies by looking at where the money will flow during the recovery. Simply says, put your money in oil or the banks. (petrol dollar vs us dollar). So malaysia tends to win if petrol dollar wins. Anyway TNB wins if malaysia GDP continue to be stable.

unexpected cut by OPEC, still going on strong for BAB. Opec cut it because China is not buying as much as expected. What is expected earlier is china will recovered by extra 1 mil bpd. This is not happening and opec reacted. Did not expect OPEC to cut so soon. Still very volatile. Good luck all !

DNB decision will be out next week. Expected single wholesale to be replace with dual wholesale network. Expect 5G roll out cost projection to be reduce allowing MNO EPS to be increase. We have to look at the numbers but you can confirm and up grade to the sectors

Ooh gravestone doji, need to get confirmation next week . happy trading

Miss the swing, will have to come again another day.

Glad the SVB /Swiss credit financial issue did not escalate further to be a global credit issue. Still volatile but less risk now. Tenaga should hold well . Dollar index going down again and if oil price maintains around 75-80 will help global inflation . US FED tightening will end soon in another 3-6 months at least with one more rate hike. Bank negara expect to raise another 0.25 within the next few months. Hope to see clear sky ahead :)

@LadyRepins, all about risk management, going from 60 -70c is probable so is 60 cents going back to 50c. Going in now will be gambling :) if it does not reduce further , so be it. Never chase high . Armada is highly speculative now.

https://soyacincau.com/2023/02/25/malaysia-now-aims-to-achieve-80-5g-population-coverage-one-year-ahead-of-dnbs-schedule/
Will this happen? Good article and we can only hope for the best .

next support level 0.575 (weak) and 2nd 0.540 (stronger)

Remember US is always the main market maker on oil price, They will fill up their strategic reserves (SPR) below WTI 70s and this will take at least a month or two. Need to monitor this as will be the basis of the oil price increase. The demand is always there, US is the biggest speculator and will never loose. We cannot predict the timing but relatively oil price will continue to rise as demand is still there. Armada fundamentals are still there but to chase beyond 0.70 is foolish and risky and control by speculators. Those who wish to hold have to wait until the next speculative round. No worries as the fundamental is still there. Those on side ways trading , eyes need to be wide open. Good luck.

If major support easily broken today, 0.6/0.595 better wait and see as big funds are moving away.

Opportunity or stay away? Will Pharma niaga loose its monopoly with current administration?

0.62 support broken, next level 0.60 and 0.55, Can buy in between?

Genco IPO process already started, will take 1-2 years 2024 earliest based on last year reports.

DNB ceo resign. I predict they are going for a dual wholesale network. And use infrastructure competition to driving innovation . SWN will reduce competition and focus on services. Infrastructure is key long term in any country. OCK wins if this happens

Resistance at 0.62, strong support at 0.55. Good luck for a quick buck

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight. Infrastructure and utilities will be able to weather this better. Oil stocks and banks will take the hit . US SPR will start the stock up the inventory and expect oil price to stagnant at WTI 70s for while. If you plan to swing trade not too late.

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight. Infrastructure and utilities will be able to weather this better. Oil stocks and banks will take the hit .

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight

Let the banking scare settle first, before the next run.

Should test 0.44 resistance next 2 weeks. US dollar index has stabilized, hope to see better KLSE performance, else everyone will just look and see.

I am done with 50% run up from 0.40 c. Time to look elsewhere

Lift off in the afternoon :)

Will break 0.42 resistance soon. Expect more speculation and interest coming in

When we get worried about our investment's decision, we tend to research more ! But with TNB a strong barometer for the KLSE and country economy, I am lest worried. This week we will know if Bank Negara will raise interest rates or hold it till the next meeting. With USD strengthening again, hopefully they will react faster. We have to monitor the dollar index to see where the money will flow and also oil prices seems to benefit MYR. Anyway most analyst project USD to weakened by 2nd half of the year. China opening will also help in this as a top trading partner. Slow and steady my dear friend. KLSE is not so easy to make money anymore, I was hoping for a better days ahead, but still no sign of the bull.