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2015-04-28 16:00 | Report Abuse
anyone have any contacts in TM?
2015-04-28 15:59 | Report Abuse
there is TAs and FAs.. you hold due to FA.. you sell due to TA.. without FAs... it will drop even more.. we watch first lar
2015-04-28 09:19 | Report Abuse
Tenaga Nasional : 1HFY15: Supported by low generation costs BUY
We reiterate BUY on Tenaga Nasional with an unchanged DCF-derived fair value of RM17.00/share, which implies an FY15F PE of 15x and P/BV of 2x.
Tenaga reported a 2QFY15 net profit of RM2.2bil (QoQ: -8%; YoY: +24%) to lift its 1HFY15 net profit to RM4.5bil (YoY: +29%). The group also declared a single-tier interim DPS of 10sen. While Tenaga’s annualised 1HFY15 earnings appear to be ahead (74%) of our and consensus expectations of ~RM6.5bil, we highlight that the group’s reported numbers have yet to reflect the estimated cost over-recovery of ~RM1.5bil (for the Sept 2014-Feb 2015 period) under the Imbalance Cost Pass Through (ICPT) mechanism.
Recall that the government had in Feb 2015 signified its commitment to fully implement the ICPT mechanism by allowing the ICPT savings to be passed on to consumers in the form of 5.8% and 3.5% tariff reductions in Peninsular Malaysia and Sabah, respectively for March-June 2015. We understand that Tenaga has not provided for this rebate (ICPT savings availability of RM727mil) as it awaits final confirmation and guidance from the government. Excluding the cost over-recovery and forex losses totalling RM257mil, Tenaga’s 1HFY15 core net profit met 50% of our and street estimates.
Its improved 1HFY15 performance vs. 1HFY14’s can be attributed to higher revenue amidst lower operating expenses. Its EBITDA margins were up 10ppts YoY. On a sequential basis, its 2QFY15 revenue was negatively impacted by the seasonal slowdown in electricity demand. At the current price, Tenaga is trading at an FY15F P/BV of 1.8x. The stock also offers an attractive forward PE of 13x, compared with the stock’s three-year average band of 10x-16x. We believe that Tenaga’s valuation moving forward will be well supported by its more stable earnings profile and cash flows
2015-04-28 08:50 | Report Abuse
kenanga TP:
We roll over our valuation base-year to CY16, with unchanged targeted PER of 9x. Our new target price is now RM0.74/share from RM0.72/share previously
2015-04-27 17:35 | Report Abuse
too bad, i dont know how to see that
2015-04-27 17:19 | Report Abuse
i like the formed doji, reversal time
2015-04-27 15:54 | Report Abuse
haha, paklah father is who? ajib father is who? and additional the wife is who? ah... you know answer already lo... fight until the end la
2015-04-27 14:43 | Report Abuse
KSL really infected with DRP diseases... lets check if mbsb behave the same.. i sold but they are having same things as KSL few months ago
2015-04-27 14:02 | Report Abuse
tired waiting and sold half already
2015-04-27 14:01 | Report Abuse
im still waiting, many month already
2015-04-27 11:36 | Report Abuse
seems support at 0.40, wait tomorrow to confirm
2015-04-27 11:17 | Report Abuse
puh.. faster than i thought.. FA lost to TA
2015-04-27 10:19 | Report Abuse
you want to see Rm2? wait end of this week :)
2015-04-27 10:17 | Report Abuse
OSK-RHB maintain TP 0.79, so buy now!
2015-04-27 10:06 | Report Abuse
as expected, not much ppl like div+drp, i wait at 2.04 (expect it might go below drp price)
2015-04-27 09:54 | Report Abuse
just my 1 cent point of view after being burn many times due to "hope" and good news of FAs
2015-04-27 09:54 | Report Abuse
if you check the services out there, many companies subscription based on TA, means when they see signal, chart, they advice their clients to sell or buy... too many out there, very less is based on FA.. so, see you can outrun them? i think some of the TA guys will based on FA but seems TA is more than FA traders..
2015-04-27 09:39 | Report Abuse
those invest on fundamental can stay, those on TA, should wait.. KLSE too high, normally in history, high chance will drop, with elections, jibby issues, add fire by Tun, new finding by whistle blower on new news.. KLSE still going up thought...
2015-04-27 09:15 | Report Abuse
market too high now... this counter cant move, i wait to collect 2 or 1.8 range
2015-04-27 09:14 | Report Abuse
chart dont lie, doji is powerful! looking where is the support
2015-04-27 09:13 | Report Abuse
fortunebullz still on this counter? r Moi is the same AhMoi some years back? :) i still have very small portion here but azrb sounds like in deep coma
2015-04-27 09:12 | Report Abuse
like! collect on weakness.
2015-04-27 09:11 | Report Abuse
on weekend fuel pump, i talked to the owner (bhp pump station) and he said next month/week review and very high chances fuel price up again. unless RM drop.. the only key as avg oil is up in Apr.
this week can hit 0.78?
2015-04-27 09:09 | Report Abuse
good morning investors, lets see today's directions
Stock: [MBSB]: MBSB BERHAD
2015-04-28 17:20 | Report Abuse
i bought around current price few months back, but now very fast.. touching back the price i make 1st entering...