Technique Bhd, an Oil and gas (O

Technique Bhd, an Oil and gas (O

Up and up .. so cheap right now

Loke said Prasarana and Scomi Transit Project Sdn Bhd Group are scheduled to add another two sets of four-car trains by November.

“For these projects the budget is RM122 million, that’ll be incurred by Prasarana,” said Loke.

“Once the additional trains come in November, we will have a six-month period to monitor the usage and the effectiveness of these trains.

“On the whole, we’re looking at 18 months to two years to get everything fully up and running,” he added.

Prasarana Malaysia Berhad is fully owned by the Ministry of Finance while Scomi is a global service provider in the oil

KUALA LUMPUR, Aug 20 — Four-car trains are finally in service for the KL Monorail after a two-year suspension.

The rail company added three sets of refurbished four-car trains to its services today, which coincides with the 16th anniversary of KL Monorail.

It is coming up.. untung beli Ahmad Zaki.. EKVE operationalising Sept 2019

KYY is a parasite

Sell

It is comming upp

I am cummminngg up again

I am cummminnng

Holiday inn building is owmed by sks group as part of komtar jbcc development. It will help to boost and enhance komtar jbcc mall as the premier mall in johor city centre

Yaaa stay away and dun buy scomi.. let who dares wins buy

Wow close 8.10!!

E.A Technique (M) Bhd has received a US$6.1 mln (RM25.4 mln) payment claim from Malaysia Marine Heavy Engineering Sdn Bhd (MMHE) over disputes regarding the non-payment of additional works performed by the latter, under the conversion contract signed in June 2015. (The Edge Daily)
Source: Mplus Research - 12 Jun 2019

Good news additional 7 more trains to be supplied to prasarana

Coal and lng price all time low. Good for tenaga

Huaaaattt.. scomi is going to fly. Buy buy

So cheap laaa eatech at 45 sens.. buy sum more

Murah laa azrb at 43 sens.. rugi tak beli

In 3 years as salam reit property portfolio is expected to doube from 1 billion to 2 billion

☝️ buy buy tenaga

Semalam, TNB melaporkan kerajaan PH telah meluluskan lagi kenaikan surcaj untuk semua kedai, peruncit pengilang, pejabat dan industri.

Surcaj untuk pengguna bukan domestik akan naik lagi dari 1.35 sen kepada 2.55 sen setiap kWj bermula bulan Mac tahun depan.

Bermula dari Mac 2019, bil elektrik untuk perniagaan dan industri akan naik 9.64 peratus berbanding tarif sebelum PRU14.

“Minggu lepas, kerajaan PH juga telah mengumumkan bahawa subsidi untuk petrol RON95 dan disel akan ditarik dan harga akan diapung semula bermula bulan April tahun d

Over the last one year, TNB's share price had declined to current levels from its highest at RM16.12, which was recorded on May 4, 2018.

On Monday (April 9, 2019), AmInvestment Bank Bhd analyst Gan Huey Ling wrote in a note that AmInvestment lowered its fair value for TNB shares to RM13.50 from RM14.55 previously after revising the government-controlled utility's terminal growth rate from 2.5% to 2%, to account for subdued long-term growth prospects.

Khazanah offload quite a load of shares

Take into account your medical coverage in case of poor health after retirement

Bila murah senyap senyap collect

To address concerns around Tenaga Nasional’s (Tenaga) regulatory environment, namely the Malaysian Energy Supply Industry (MESI) 2.0 reforms, Macquarie Equities Research (MQ Research) hosted a conference call for investors with Tenaga senior management. MQ Research reiterates its Outperform rating on Tenaga with a target price of RM15.80.

Conclusion
MQ Research reiterates its Outperform recommendation on Tenaga following a conference call it hosted for investors with Tenaga’s senior management, to address recent shareholder concerns around the regulatory environment. In summary, it does not appear that MESI 2.0 reforms will significantly change the returns of Tenaga as perceived by the market. MQ Research sees current valuations at 11x 20E Core price to earnings ratio (PER) and a 5% dividend yield as attractive.
Impact
Shareholder value protected by MESI 2.0. While details of MESI 2.0 are only expected to be announced in mid-2019, parties working on it have amongst its five pillars the need to sustain returns to stakeholders who ultimately will fund the sector. Against this backdrop, significant changes in returns to shareholders should not be expected. For Tenaga, the move from Regulatory Period 1 (RP1) to RP2 saw a 0.2ppt reduction in its Regulated Returns from 7.5% to 7.3%, and for PR3 which takes effect in 2021, there is no reason to expect a significant shift in this glide path. It was also unlikely that the principles of the IBR/ICPT would be broken in light of buoyant fuel prices.
Retail competition risks overblown? Management felt that while the regulatory framework under RP2 allowed for retail competition, the lack of excess generation capacity, ie plants not on PPAs, coupled with the low returns, may limit its attractiveness for some time yet.
MFRS16 impact. Management confirmed that MFRS16 will negatively impact Tenaga’s FY19 earnings by c.RM300m as articulated during the 4Q results briefing. There will be no cashflow impact. MQ Research’s estimates have not accounted for MRFS16.
Broadband won’t change capex profile. Management confirmed that should Tenaga venture into the broadband space, the plan would be to stay a wholesale player. All plans currently are based on rollouts in areas without existing infrastructure. And, most importantly, the plans must make commercial sense.
Earning and Target Price Revision
No change.
Price Catalyst
12-month price target: RM15.80 based on a PER methodology.
Catalyst: Tariff announcement in May 2019.
Action and Recommendation
Outperform reiterated.
12-month Target Price Methodology
TNB MK: RM15.80 based on a PER methodology
Source: Macquarie Research - 2 May 2019

Jangan khuatir - beli bila ada uptrend

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is excited over growth prospects that will see it delivering even better services, catalysing new market growth by unlocking the value of network assets and improving sustainable value for its stakeholders, says chairman Tan Sri Leo Moggie.

“We see this as part of our unwavering commitment and contribution to realise the nation’s ambitions,” he said in TNB’s financial year 2018 (FY2018) integrated annual report, which also detailed much of the power utility’s progress over the past 70 years.

Through the strategic efforts initiated under its Reimagining TNB (2017-2025) blueprint, Moggie said TNB continued to register revenue growth and healthy profits, fostered by a conducive regulatory environment.

TNB’s group revenue grew 6.3 per cent from FY2017 to RM50.39 billion for the year ended Dec 31, 2018, driven mainly by higher electricity demand which peaked in August 2018 to 18,338 megawatts, a rise of 3.1 per cent over FY2017.

Net profit for FY2018 was lower at RM3.75 billion compared to RM6.91 billion in FY2017, mainly due to regulatory adjustment as a result of regulatory changes in the Second Regulatory Period (RP2) (2018-2020), impairment, and foreign exchange translation.

Electricity demand continued its positive momentum in FY2018, with annual electricity sales increasing 1.4 percentage points than initially projected under the RP2 of the Incentive Based Regulation (IBR) framework.

Moggie said the sustainable ecosystem afforded by the IBR framework and the Imbalance Cost Pass-Through (ICPT) mechanism implemented in the last four years by the Energy Commission had resulted in Malaysia having one of the most reliable energy networks in the region that was on par with other advanced countries.

By taking a proactive and forward-looking approach, he said TNB had undertaken preparatory works to gear itself for the Third Regulatory Period (RP3) (2021-2023) and it was expected to submit its IBR RP3 proposal by December this year.

With constant technology disruptions affecting the industry, Moggie said TNB, which recorded a commendable 99.97 per cent system availability in 2018, believed that it was important for the Malaysia Electricity Supply Industry (MESI) to be prepared for the oncoming fundamental shifts impacting the global electricity industry.

Saying that the government’s timely reform efforts through MESI 2.0 was a key step to prepare the industry ahead of global trends, he said there was a rising need to future-proof Malaysia’s industry structure and regulations, and to empower consumers to make smarter choices in a more democratised and decentralised setting.

Having anticipated these market-wide reforms, he said TNB had launched its strategic plan under Reimagining TNB by putting in place a solid foundation and transforming its internal processes and structure to enable the power utility to be more technologically-advanced and cost-optimised compared to four years ago.

As electricity demand continues to increase in Peninsular Malaysia, TNB has been building a 500kV Grid Superhighway costing RM2 billion since 2015.

The 500kV Grid Superhighway, expected to be ready next year, will enable adequate and safe power transfer from other regions into TNB’s Central Area of Peninsular Malaysia, which accounts for about 45 per cent of the entire peninsula’s electricity demand.

The grid network will function as the backbone of TNB’s electricity supply chain, transporting bulk electricity from power generators to the distribution network to brighten homes, offices and commercial spaces, while supplying directly to industries for manufacturing.

In terms of dividend payout, Moggie said TNB remained committed to creating long-term value for shareholders by consistently delivering optimum dividends for each financial year.

For FY2018, TNB had approved a single-tier interim dividend of 30.3 sen per ordinary share amounting to a dividend payout of RM1.72 billion (paid in October 2018) and a final single-tier dividend of 23.0 sen per ordinary share amounting to a dividend payout of RM1.31 billion.

With this, TNB’s total dividend in FY2018 amounted to 53.3 sen per ordinary share at a total value of RM3.03 billion. The dividend payout was equivalent to 55.8 per cent of the adjusted group profit after tax and minority interests (PATAMI) (excluding extraordinary and non-recurring items) for FY2018, which was in line with TNB’s revised dividend policy of between 30 per cent and 60 per cent of Group PATAMI.

Moggie said TNB, which aspires to be among the Top 10 Global Utility Companies by market capitalisation in 2025, was confident that its highly-skilled workforce, coupled with the measures executed under its Reimagining TNB strategy would position the Group favourably to capture new opportunities in the future.


- Bernama

0.43 sen murahnyaaa

Company manyak hutang oooo

Dagang NeXchange Bhd (DNeX)'s 30.0%- owned associate, Ping Petroleum Ltd has signed a rig contract with Stena Spey Services Ltd to drill two wells in the North Seain 2019. The first well is the Guillemot A GUA-P1 side-track at the Anasuria Cluster concession, which can unlock about 1.7 mln barrels of oil from its current net proved and probable (2P) oil reserves.
Drilling of the side-track is scheduled to start by 1H2019 with production expected upon completion of the project. The second well, meanwhile, is a development well in Avalon field and will be executed by Ping Petroleum UK Ltd (PPUK) as the operator of the field. (The Edge Daily)

I receive. Thick book!

Beliii

Commonsense - go fly kite

ooo best ni scomi...181 million for refurbishment work to complete by this year and purchase of additional carriages valued at 121 million to get within 30months

Masyuuk duit

Upward trending eatech

Oil price will continue to go up

Eatech do not need bail out speakup

Johor and singapore berpisah tiada

Beli laah kawan kawan eatech.. bagus ni

EA tech is moving pflng vessel from sarawak to sabah waters. Very profitable

Rugi tak beli azrb

Parkson is not suited in a high end retail mall

So..there will always be a bigger fish will take up

Rugi tak beli 0.36 still murah ooo

See how it goes up and up .. rugi tak beli ooo

Yaa better buy it can go up again

Really how you know they are contractor?