Posted by PunTatBerSiul > 2021-02-06 23:03 | Report Abuse

"Posted by Bullbursa > Feb 6, 2021 8:42 PM | Report Abuse

Yeah that’s right free to comment like you said, slap your face mentality"

================================

It's al in the perspective. If hurt by the truth, then it is a slap in your face. The truth is always bitter for blind supporters.

Posted by mywb > 2021-02-07 08:44 | Report Abuse

@kimsua i dont see any sign of reversal, if they is sign of reversal i will shout for buy. I just want to share to users here not to catch the falling knife. If want to buy tnb just go but my advise is why not buy after reversal?

Posted by mywb > 2021-02-07 08:47 | Report Abuse

Whatever the opinion here, there is no right or wrong. Buy my view is all the stock fundamental is already reflected on the chart. The chart is already giving strong signal. Up to you all how to analyze.

Posted by mywb > 2021-02-07 08:56 | Report Abuse

Whether you like it or not the trend now is green energy. ESG is the trend.

Posted by investmalaysia6 > 2021-02-07 09:51 | Report Abuse

Renewable energy is the trend now. Why bother invest in a mature market?

Posted by TreeTopView > 2021-02-07 10:29 | Report Abuse

Do you think that solar power has nothing to do with Tenaga?
You really need to read up on how solar power is supplied through the grid and the BENEFITS to Tenaga.

It's not my job to educate posters and readers in here but please do some research into the subject you are commenting about before stating clearly ill informed statements.

Just remember who OWNS the electricity grid.

Posted by 3101575000 > 2021-02-07 10:53 | Report Abuse

TreeTopView :tqvm for your comment
This is the first time I buy TNB bcos the
dividend attracted me。ha ha

Posted by TreeTopView > 2021-02-07 11:16 | Report Abuse

No problem, 3101575000.

I'm not going to make outlandish statements that the price will soar or plunge, simply because I don't know what will happen in the short term. It's actually in my own best interest to post totally negative comments about Tenaga, as I've only picked up 2 parcels so far and want another 2 or 3, for long term holds.
As I said yesterday, I've got no issue with negative comments BUT don't try to back them up with fabricated lies. One very obvious lie that was touted by the dynamic duo was in regards to the six month discount to power accounts, with claims that Tenaga will make less money due to that. That is NOT true, as the government and Tenaga have clearly stated that the government are paying for the discount as part of the covid funding scheme.

Another lie was about the "new power companies" hitting the market. Yet another mistruth. They are not new power companies but merely end sellers of the product, the very same product that Tenaga sells to them and they "sell" to clients. They are merely renters of the Tenaga supply.
I have seen this sales model used in other countries and have also lived in countries with the same model. I'm surprised it's taken Malaysia so long to implement it, actually.

All the best with your investment, 3101575000

Posted by lotuseater > 2021-02-07 11:34 | Report Abuse

@TreeTopView.. the best comment I hv seen in a long while..

Posted by 3101575000 > 2021-02-07 11:39 | Report Abuse

Tqvm for your info. The way you comment
sound polite. As a newbie to invest TENAGA
I feel appreciate.
Best wishing for your investment too.TreeTopView

Posted by Snowthief > 2021-02-07 11:48 | Report Abuse

Thanks. Sharing knowledge without prejudice and suggestion to buy/sell. Best ever. We really need more bloods of same kind.

Posted by TreeTopView > 2021-02-07 12:23 | Report Abuse

Thanks guys for your kind comments, very much appreciated.
Anything that involves money brings out the sharks and snakes to try and benefit from it, no matter how much pain they cause to others. It's the same everywhere, the Malaysian stock market is not unique to this strategy.

Keep it real :)

Posted by star168 > 2021-02-07 12:27 | Report Abuse

good sharing.

Posted by Investmentguru > 2021-02-07 13:22 | Report Abuse

Sai lang

Posted by Maxigain > 2021-02-07 18:06 | Report Abuse

Green energy watch out this company https://www.gsparx.com/

Posted by Maxigain > 2021-02-07 18:06 | Report Abuse

Owned by TNB

Posted by TreeTopView > 2021-02-07 18:21 | Report Abuse

Hi Maxigain, how can that be right?

Weren't a few people in here saying solar power would be the death of Tenaga?.....lol

Yes, I am joking!!

Clearly, some people do not realise that solar is another "fuel" to power the grid, so it's not a bad thing, it's actually a very good thing for the company and the country as a whole.

Over to you, apple and your buddy for comments.

Posted by awesome20 > 2021-02-07 18:22 | Report Abuse

9.70 again..finding new strong support

Posted by mywb > 2021-02-07 20:12 | Report Abuse

I didnt say tnb dont do solar power. I sm saying majority of tnb power generated via coal. Please refer to their annual report.

Posted by KimSua > 2021-02-07 21:23 | Report Abuse

Coal is the cheapest at the moment however any cost increase there is a pass through mechanism. Not to debate on carbon tax but in general tnb is also committed on solar farms and gas. Anyway the part about being the government cash cow is also true but in general I do wish the government can be more predictable. Everyone deserves that. Previous issues was on the solar fit in license was given to certain quarters and technically this is a like subsidies to make money. This is known fact but not a concern now. Have a good trading week and Gong xi Fatt Choy.

Posted by HrryPttr > 2021-02-07 23:32 | Report Abuse

Relax. If you confuse just buy both tenaga and solar stock

Posted by MM78 > 2021-02-08 08:52 | Report Abuse

Tenaga price is below its book values now, and for utlilities company with monopoly on electricity distribution grid the valuations are cheap. One cant build the same business with this kind of valuations now. Buy regularly for long term potential appreciationns. Just ignore those negative baseless comments by some who may have different perspective or with hidden agenda. We are investing into a business we deeme defensive in nature and value for money in volatile time now and it is paying a decent dividend. Better than putting money in a fixed depositin the face of low interests era.Look at its historical PB ratio for last 5 years, now it is at the lowest !Even for those faint hearted , this is still a safe bet otherwise put your money in fixed depsoit and earn below 2 % per year !

Posted by LossAversion > 2021-02-08 08:54 | Report Abuse

Close my eyes...keep buying anything below RM10. Nothing to lose when FD rates are so kacang putih!!!

Posted by Fklim888 > 2021-02-08 09:38 | Report Abuse

Tenaga worth at least rm11.

Posted by kong73 > 2021-02-08 10:20 | Report Abuse

Tenaga is a monopoly it owns 66% of the power generation, 100% power transmission grid network and 100% power distribution network

Posted by Pen6 > 2021-02-08 11:10 | Report Abuse

Tenaga worth at least rm11.? 大 个 番 薯，便宜 又 好， 一 个 RM8.00 可以接受 。

Posted by Investmentguru > 2021-02-08 11:28 | Report Abuse

Where are the so-called punters calling for RM6?? Lol. Any price below RM10 is a steal for tenaga

Posted by rauschenberg > 2021-02-08 11:39 | Report Abuse

"Know what you're buying"
Tenaga's share price is intrinsically connected to the Malaysian economy. Look at the Malaysian index and how closely it is followed by the stock's price. Now that being said, these are the global opinions on economic growth:

Capital Economics, a consultancy, said the Southeast Asian country will grow 7% this year — down from its previous projection of 10%;
Singaporean bank UOB downgraded its forecast from 6% to 5%;
Japanese bank Mizuho lowered its projection from 6.7% to 5.9%;
Fitch Solutions revised down its forecast from 11.5% to 10%.
Source:
https://www.cnbc.com/2021/01/14/economists-cut-forecasts-for-malaysias-2021-growth-on-covid-lockdown.html

The consensus is around 6.5%. In MY book, that is by how much the stock price will rise to.
In regards to green energy trends, Tenaga is starting to get heavily invested in that as well:

"In June 2020, Director of Coara Marang, Susan Hemming, signed a 21-year Power Purchase Agreement (PPA) with the country's largest electricity utility, Tenaga Nasional Berhad (TNB)."

Source:
https://finance.yahoo.com/news/116mwp-coara-marang-solar-farm-010000903.html

In MY opinion, a 6% plus a 4% DY in a monopolistic business, renewable/green energy oriented (it won't happen overnight), backed by the government (too big to fail), with improving democratic and corruption track records, is not a bad deal.
But that's just me, and i am german :).

Posted by Fklim888 > 2021-02-08 11:43 | Report Abuse

wow sure onot rm8 and rm6... lol

Posted by Fklim888 > 2021-02-08 11:45 | Report Abuse

Rm6 wait for sapu . cheers

Posted by TreeTopView > 2021-02-08 11:58 | Report Abuse

Good morning, rauschenberg and thank you for a quality post.

Regarding your comment...." The consensus is around 6.5%. In MY book, that is by how much the stock price will rise to.".....I generally agree with you. The only comment I can add to that for a debate is where we decide on an actual "starting price" to use for the percentage upside.

I would suggest that the current price is too low to be used as a base point, as the price has been affected in recent times by foreign selling and the Covid sentiment factor.

No doubt we could all debate a base price endlessly but I'd suggest it would be difficult to quantify.

Thanks again for your post.

Posted by RJ87 > 2021-02-08 12:55 | Report Abuse

Euro Holding 2sen low bounce to RM5.76 high. 22sen NTA
Gets Global 3.5sen low bounce to RM4.05 high. 15sen NTA

and other 25 counters that's made 20X return from it's low that has negative PAT.
I think the dumbest thing is to assume market makes any sense.

Unless, IGNORANCE is how u make up your common sense.

I think now alot gambler can't go Genting. They all come deCasino Bursa.
I have no idea why some people ALL-IN here and ALL-IN there. Maybe they have something. Maybe they are bluffing. I don't know. But please don't use the word investor. It's insulting. =D

________________________________________________________________________
mywb Common sense, if monopoly why price downtrend since 2018? If good why investor sell? Reason may not be important but fact is the price is going lower and lower. Aa smart investor why not sell first and buy at lower price?
06/02/2021 7:14 PM

Posted by rauschenberg > 2021-02-08 13:17 | Report Abuse

Hey @TreeTopView,

You're absolutely right. Looking at the P/E over the last few years, the stock may be under evaluated although i don't believe it is by a lot. Should have mentioned that in my post. What would you consider a base point and how would you come up with that evaluation?
Thank you,
Rauschenberg

Posted by jeffrey1166 > 2021-02-08 14:31 | Report Abuse

keep buying n keep

Posted by TreeTopView > 2021-02-08 14:47 | Report Abuse

HI Rauschenberg, my response might end up being a bit lengthy and I'm stuck for time this afternoon, so I'll leave it to another day. It is a topic worth discussing though, IMO.
Any base price though would be more in line with a price range rather than an actual price point.

Have a great day.
ps. Are you based in Malaysia, if you don't mind me asking?

Posted by ConfirmRunFirst > 2021-02-08 14:53 | Report Abuse

Shark blocked the road they wanna eat more cheap tiket

Posted by kong73 > 2021-02-08 18:13 | Report Abuse

RJ87 - hehe..i m ALL IN Tenaga spend 150k already..and not much else

Posted by livestockpicks > 2021-02-08 18:18 | Report Abuse

keep buying n keep

Posted by Fklim888 > 2021-02-08 19:30 | Report Abuse

interesting keep pressing down .. make all desperate ya? lol

Posted by RJ87 > 2021-02-08 20:59 | Report Abuse

At this entry...wont die one la...

For high capital appreciation, can study MFCB and MBSB too...
dividend collected here can go put there...

kong73 RJ87 - hehe..i m ALL IN Tenaga spend 150k already..and not much else

Posted by rauschenberg > 2021-02-08 21:25 | Report Abuse

Hey TreeTopView

Indeed it would be a really interesting conversation.
Stuck in SG for the time being. Not complaining though. :)

Posted by TreeTopView > 2021-02-09 11:22 | Report Abuse

I can think of worse places to be stuck, Rauschenberg.
Enjoy :)

Posted by labu83 > 2021-02-09 11:44 | Report Abuse

Time to maintain with big volume, macd look try break, tnb need good news to stable panic selling from foreigner, I think it shorten panic selling, epf and kumpulan Wang persaraan maybe benefit accumulated n support price,
My opinion price above rm9.65 it good but now maintain up rm9.7 or maybe break it look good potential to next resistance, pressure still they, morning up evening hancur

Posted by labu83 > 2021-02-09 11:44 | Report Abuse

Tnb need good news out to stop panic selling

Posted by TreeTopView > 2021-02-09 13:02 | Report Abuse

labu83, with respect, this is not panic selling. It has been a steady drop down to "fair value" in the current Covid situation. Investors who are buying now are not buying for immediate returns but for a longer term hold, ie., an investment.

Yesterday a poster, Rauschenberg, raised some very good points for discussion and I suggested that I would make some thoughts about them but haven't had enough time for a detailed reply. I did however start last night playing around with some numbers from their previous Quarterly and Annual reports.

What appears clear is that revenue for Financial Year 20 (to end December) will be around 10% less than the previous FY. Net profit will also drop accordingly.

So, by using the 5 year mean average P/E of around 16, you could be looking at "fair Value" anywhere between 9.50 and 9.70, using end of FY20 estimates.

BUT.....and this is an important point to add.......

Is the current price fair value? The numbers say yes on projected FY20 figures. But this price gives no premium to the consideration of power consumption returning to even normal levels. There will have to be a natural ~11% growth in consumption and revenue just to get back to normal consumption and "par value".

As an investor, I'd say 9.50 to 9.70 is good value to enter a utility monopoly. My 12 month valuation on fundamentals with a steady increase in power consumption over that period is around the Rm 11 region.

Any surge (doubtful) in the economy over that period would obviously be a bonus.


Just my thoughts, best of luck to all.

Posted by Lesliecky > 2021-02-09 14:38 | Report Abuse

Hi RJ87, saw ur post. right both Tenaga and MBSB are good buy at this point. I have vested abt 1m in both counters, wait for reaping

Posted by Keyman188 > 2021-02-09 14:44 | Report Abuse

Suddenly KLCI index further uptrend...

Perhaps today Malaysia infection dip below 3000 ???...

Posted by Alan Teh > 2021-02-09 15:24 | Report Abuse

dividend will be announce next month?

Posted by TreeTopView > 2021-02-09 15:37 | Report Abuse

Allan,
Should have the Quarterly released, usually in the last week of February, followed by the Annual Report and any dividend payout and Ex date announcement.

Posted by Alan Teh > 2021-02-09 15:43 | Report Abuse

Tahnks for the information @TreeTopView