TNB short term target 14.84-15, thus C35 safe target is 0.175 (without premium), it may extend to 0.20. In July thought that TNB is not easy to break 14.60. However, with extra good news that is reduced USD/MYR to 4,19, hopefully TNB share price will appreciate further.
With USD/MYR reduced 3pm today and possible tomorrow, we will see how TNB share price react

why c38? Isn't that c35 and others are cheeper than c38? from i3 active warrant chart above, C35 [0.14] vs C38[ 0.095] ,premium (the lower the better) 0.54% vs 2.02%, gearing (the bigger the better) 17.33 vs 17.02, exercise price (the lower the safer) 13.80 vs 14,
maturity date (the longer the safer): same 30/11/17

http://www.thestar.com.my/business/business-news/2017/07/28/tenaga-nasional-hit-by-higher-tax-rate/

As speculated before, if results released before 28/7, most probably results is not good. However, share price usually reflecting future earning, if future earning is still good, TNB may need to consolidate a few days before resuming uptrend.
14.60 resistance may not be easily taken out in near team

It seems that 'market' press down the share price, and it win for the 4th day.

http://www.theedgemarkets.com/article/priced-malaysias-tenaga-sold-2b-ringgit-islamic-bonds

Surprised share price movement today, 2 days earlier than espected. Technically TNB share price will hook up to MACD positive region today. Hopefully quaterly results is good enable 14.60 resistance to be taken out...

I am interested too. Thanks

Big fund collected enough d? MACD to cross to positive region today or tomorow?

'Market' push down the price, as suicide_squad present in above explanation.

@nikicheong, agreed with you. However, what I observed and meant is TNB share price seems was manupulated by big funds which was accumulating it and pushed down the share price when it overshot maturing call warrant excercise price. See here:
http://www.theedgemarkets.com/article/tnb-shares-hit-onemonth-high
about TNB news in http://www.sinchew.com.my/node/1665870/%E5%B1%85%E4%B8%9C%E7%9B%9F%E5%B8%82%E5%9C%BA%E4%B9%8B%E5%86%A0%EF%BC%8E%E5%A4%96%E8%B5%84%E4%BB%8A%E5%B9%B4%E5%87%80%E4%B9%B01035%E4%BA%BF%E9%A9%AC%E8%82%A1

Oh no. It looks like last minutes share price push down may indicate market want to collect more at cheaper cost and no chance for maturing call warrant holders to profit. Tenaga share price may only recover after 28/7. If results is good, it may be released after the said date. if results is bad, it may released before 28/7. Speculation again.

Whenever Mother share price down, WE is positive in premium, it is very defensive.

Above hint to goreng TNB? Fundamentally electricity output Dec 16 +6.1%, Jan 17 +1.1%, Feb +1.5%, March -0.2%, April -1.5%, May +2.5%, can TNB present a good results end of this month to break 14.60?

If you notice above Market Buzz announcements on 12/7 and 13/7, ASB bought 2.7 millions shares on 10/7, out of 1.8 millions may come from EPF. ASB are buying almost everyday to support the KLCI index

Hi, May I confirm increase 50% or 150%? 1.5X previous profit? may I know you R referring to YoY or MoM?
No wander these few days the C35 was pushed down to 0.105 and accumulated to 0.13. Not much C35 seller but mother was blocked today

http://www.theedgemarkets.com/article/malaysias-ipi-grows-46-may-beats-consensus-estimate
The electricity sector output increased by 2.5% in May, after experiencing a decrease of 1.5% in April, the Statistics Department added.
Sapu Tenaga C35?
Any Sifu knows when is exact date of TNB quarterly results to be released?

Ex Dividend day. 5.45-0.06=5.39? How is WE reaction?

Now WE is positive premium d, only when mother share price drop with limited downside.

Any Sifu can comment on this? Should be good news because expand business using sukuk money, not from shareholder?
Tenaga Nasional Bhd is proposing to raise up to RM5.0 bln via a Sukuk issue with a tenure of up to 50 years to fund its capital expenditure, investment and related corporate purposes.
Additionally, the sukuk has been assigned with a long term final rating of AAA, the highest rating grade by RAM Rating Services Bhd. (The Edge Daily)

Time to buy back around 1.40-1.45, right?

Dividend 6 sen is going to be ex on 12 July, why local funds still keep selling daily? Foreign funds are buyers? Why Gamuda does not partner with foreign big company to bid for Bandar Malaysia? Is Gamuda not an espert in such project?

Yes. looks like share price prepare to rebound. hold tight

Found the answer: http://www.theedgemarkets.com/article/govt-bear-rm13b-imbalance-cost-subsidy-says-tnb.
if all the doubt are clear, TNB share price may be rebound next week?
don't think GE in this year, many things not in order, not felling any good effect, KLCI haven't reach 1900.....I guess next year April

Can anyone enlighten us if this 附加费系统电费计算法 benefit TNB or consumers? When the decision may be annouced?

Hi, seems that AA try to back to MAV20 at 3.22, once brake up MAV50 at 3.27 then there is better price movement with good news to be released in July

This is fundamentally not good for FGV. http://www.theedgemarkets.com/article/palm-oil-targets-rm21792223-range-3-months

The correct strategy for FGV may be sold last week, bought back this week

Agreed, JayC & kelvin. Today mother closing may show that mother not collect enough at 5.48. Big funds may need to collect a few days before goreng further.

hi ooi, 5.50 is 52 week, in fect 3 year all time high. why 5.52?

mother 5.48/5.49 will be support for future, it need to stay longer time here before inch up......

typo 5.48-5.50

Mother 4.48-5 will be support for future, it need to stay longer time here before inch up......

WE 1.37/1.38 will be support for future, it need to stay longer time here before inch up......

WE 1.37/1.38 will be support for future, it need to stay longer time here before inch up......

I remember previously WC was also traded at negetive premium, may be it is like this traditionally for Gamuda blue chip warrant style.
Investors in WE may be very cool and rational, so they will take profit when WE value overshoot, ha ha hope this would not become a joke. My assumption
is WE may have positive premium when (1) Big fund know something you don't know or much upside in near future (2) value overshoot mother price- time to take profit
(3) future profit improve but no dividend to be declared (4) downside limited when mother price drop

Good results expected as last year lower base, these explain 3 weeks accumulation of fund between 5.25-5.43 . Current closing price 5.45-ecercise price 4.05- divdend 0.06=1.34. WE 1.35 already take into account of 6 sen dividend, as Sifu Leo Ting mentioned. Uptrend at least 2-3 weeks. hold tight. Hope I am right

ha ha. I expect RM6 early next year if no world market crash. Gamuda defensive company, inch up inch down uptrend

Wah good speculation. Funds plan for good news 6 month later. Buy on rumours now, sell on news 6 month later?

Gamuda also reaching resistance @5.44 & WE resistance@1.38. Once break, uptrand. Just speculate, after Raya, construction theme play and Gamuda lead.

May be sosfinance is correct. Last year after Raya gadang shoot up. Today is T+3 of Monday, 1.28 and below is a bargain price

Better to sell fgv on strength this week as next week a call warrant is expired with exercise price of 1.65. Trade at your own risk

Thanks for enlightening. May I know when is the exact annoument date of quarterly results?

on board 3.19

sorry. 3.19

Queue whole morning at 3.15 can not even get 1 share, any technical Sifu can advise to buy 2.19 now?

from observation, WE technically looks good, positive premium, break 1.34, MACD hooks up, 1-2 days uptrend will make it go to positive teritory, only thing lack is higher volume. Mother fundamentally intact, finally confirm uptrend. Mother may be need to break 5.44.

Time to buy back C35!

Price action may be 1 day up and 1 day down

Yes. May be because WE below RM1.33 is almost finish accumulated. Why? May be good results anticipated and uptrend after Raya? Mother is traded by fund manager and small price action is more erratic due to different individual fund needs? I am too speculative lately.....