Posted by chowwei > 2021-10-18 17:26 | Report Abuse

哎哟 不错噢
Closing 9.820

Posted by cascade > 2021-10-18 20:34 | Report Abuse

Although EPF had been selling some portions, the fact is, EPF is still a substantial shareholder, holding 16.82% of TNB shares as of today

Posted by vcpmaster123 > 2021-10-18 22:36 | Report Abuse

Seems like nice things are coming.

Posted by lionel messi > 2021-10-19 09:36 | Report Abuse

D0n't be afraid of EPF selling. Take advantage. If not how to buy cheap? Beat them at their own game. Most of the time they don't know what they are doing. Don't overrate them.

Posted by apple168 > 2021-10-19 10:55 | Report Abuse

https://www.chinapress.com.my/?p=2713472

Posted by choysun > 2021-10-19 15:35 | Report Abuse

@apple168 How come at Tenaga now? Genting no more fun? :p

Posted by Keyman188 > 2021-10-19 20:36 | Report Abuse

大萍果大导演回来了...Coward Street Beggar "Epal" is back...


真可怜的街头乞丐...


自编自导自演


Self-producing...self-directing...self-acting...


棟篤笑


真可怜...真可怜...


Kesian...kesian...kesian...

Posted by Whoisthis > 2021-10-19 22:18 | Report Abuse

Just count on u my tenaga ..pls fast fast go back to rm16 ..ok not?

Posted by Keyman188 > 2021-10-20 08:53 | Report Abuse

Today very high possibility will break 9.87...

Next re-test level shall be 9.94...

Posted by Keyman188 > 2021-10-20 08:57 | Report Abuse

Today KLCI very high possibility re-test 1615 level...

Next re-test level shall be 1623...

Subsequent re-test level shall be 1646...


BRAVO...

Posted by vcpmaster123 > 2021-10-20 09:07 | Report Abuse

Engine started... Today will break 10

Posted by dompeilee > 2021-10-20 09:08 | Report Abuse

Those who bought recently for the dividend get to have their cake AND EAT IT too =)

Posted by LossAversion > 2021-10-20 09:09 | Report Abuse

No complaints on my fav

Posted by Valgrovest > 2021-10-20 09:41 | Report Abuse

Now every sectors of our economy is recovering and this will lead to more usage of electricity which will translate into more revenues for TNB !

Posted by vcpmaster123 > 2021-10-20 09:45 | Report Abuse

Is pitiful when epf is selling the shares to help out on I-sinar..this is the sad state of our country's economic condition....

Posted by Isaac7 > 2021-10-20 09:48 | Report Abuse

Good dividend plus capital appreciation

Posted by Investmentguru > 2021-10-20 11:57 | Report Abuse

Still haven receive dividend via rakuten...

Posted by vcinvestor > 2021-10-20 11:58 | Report Abuse

nominee accounts (which Rakuten is) are always slower. don't forget yesterday was PH

Posted by starsherpa > 2021-10-20 13:34 | Report Abuse

Rainy season have come so peak demand will taper off. I am a little concerned about the recent fuel price hike despite ICPT.

Posted by kong73 > 2021-10-20 15:12 | Report Abuse

nothing to fear @starsherpa (analyst remain neutral)


RAB – fuel cost pass-through. Under RAB framework, there is an ICPT mechanism to pass-through the fluctuation of fuel costs to end users. Historically, government has been subsidizing fully (through KWIE or other funds) or partially and allowed to pass through the higher energy fuel costs to end users in the form of surcharges. Hence, we expect TNB to remain neutral from the recent surge in energy prices (except for short term cash flow impact due to timing recognition mismatch), while PGB and YTLP are not directly affected by fuel costs.

Posted by PassionateInvestor > 2021-10-20 16:26 | Report Abuse

@starsherpa. Your concern is not to say unreasonable. A couple of power providers in UK and Singapore have already folded and suppose we can assume that the same costs pressure is applicable to TNB since it is a worldwide issue.
Let's hope that the impact will be minimum as I do love it's dividends.

Posted by Intrinsic99 > 2021-10-20 16:52 | Report Abuse

junk equity market, junk blue chip counter, better sell, go back 9.50 soon

Posted by kong73 > 2021-10-20 16:55 | Report Abuse

TNB has pledged not to invest in greenfield coal plant (Jimah East Power which was commissioned in 2019 is the last new coal plant for TNB). Their coal related revenue will not exceed 20% by 2030

Posted by kong73 > 2021-10-20 16:57 | Report Abuse

If you study the overallrevenue breakdown, major contributor is not power generation...do try to probe sum more

Posted by kong73 > 2021-10-20 16:59 | Report Abuse

67-68% of their revenue comes from
Other Revenue (Regulated Entities, Subsidiaries & Other Group Revenue)

Posted by PassionateInvestor > 2021-10-20 17:01 | Report Abuse

@kong73. Thanks for the clarity.

Posted by jolynce > 2021-10-20 18:31 | Report Abuse

Yes, so yummy! ;)

Posted by dompeilee > Oct 20, 2021 9:08 AM | Report Abuse

Those who bought recently for the dividend get to have their cake AND EAT IT too =)

Posted by kong73 > 2021-10-20 19:06 | Report Abuse

opportunity on 5G is on the table for Tenaga

On July 5, Digital Nasional Bhd (DNB), the government's special-purpose vehicle tasked with executing the 5G rollout, announced that Ericsson had been selected to design and build Malaysia's nationwide 5G network.The project is estimated to cost RMll billion and will incorporate
tower rental and fibre leasing, with the latter possibly proving to be lucrative for fibre asset owners
such as Tenaga. It is understood that DNB is likely to lease the existing fibre-optic cable network owned by different parties, including Tenaga and the telecommunications companies. However, more needs to be built and, for that , DNB will have an open tender to award the jobs. While microwave backhaul through towers is the most common technology for 4G/5G backhaul, fibre is the preferred choice to confidently support 5G implementation such as the Internet of Things, where smart household appliances — dozens in each home eventually flood the network .
"You see our pole at the doorstep of most premises in the country that says something about our competitive advantage, " says Baharin. Like he says, Tenaga's competitive advantage is in its last-mile connectivity. Any home with electricity supply practically has Tenaga's fibre assets ready to be activated to support the 5G rollout.

Posted by kong73 > 2021-10-20 19:07 | Report Abuse

After successfully hooking up about 90,000 homes in Melaka and Perak with internet connectivity,
Tenaga Nasional Bhd is upbeat on its prospects as an infrastructure provider in the telecommunication s space

Posted by kong73 > 2021-10-20 19:13 | Report Abuse

This year, Malaysia will see 5G rollout in Kuala Lumpur, Putrajaya and Cyberjaya, followed by
Selangor, Penang , Johor, Sabah and Sarawak in 2022 and other states in 2023.
"At the moment, the industry is consolidating, the people are collaborating, and Tenaga is no exception, " Baharin comments. " We are quite open to that consolidation and to collaboration with different parties that see any mutual benefit of working together. It's a question of where and when we can go in. It's quite a crowded market. " Thus far, Tenaga's fibre venture has largely revolved around the provision of broadband services to operators riding on its infrastructure.
Since last year, Tenaga's wholly-owned unit Alio Technology Sdn Bhd has partnered with Astro, DiGi and Celcom to lease its assets, using a wholesale model.The utility group is now activating its fibre assets in Perak , Penang , Kedah and Johor, with a revised target of connecting 180,000 premises by year-end. "The contribution is small at the moment , yes, but we see a future
ahead, " says Baharin .

Posted by kong73 > 2021-10-20 19:33 | Report Abuse

having said that from 1st Oct until 31st Dec 21 - 10% discout offered to 6 industry sectors - hotel,airline,convention centre,shopping mall, theme parks, travel and tour agencies

Posted by Cwwc1990 > 2021-10-20 19:37 |

Post removed.Why?

Posted by choysun > 2021-10-20 22:53 | Report Abuse

Still haven't got divvy? I'm on Rakuten and just got it today.

Posted by lovefromgod > 2021-10-20 22:57 |

Post removed.Why?

Posted by Lee Chee Wai > 2021-10-20 23:14 | Report Abuse

Wah.....Got UNIBOMBER here .....takut

Posted by chowwei > 2021-10-21 00:59 | Report Abuse

今天通告 出好消息
应不应该 Hoot 9 E

Posted by cascade > 2021-10-21 09:52 | Report Abuse

TNB acquired 49% stake in Blyth Offshore Demonstrator Ltd, an offshore wind farm company in the UK, from EDF Renewables, a subsidiary of French utility company Électricité de France

Posted by TreeTopView > 2021-10-21 10:25 | Report Abuse

It's frustrating seeing the Tenaga price sitting in the current price range, however, it is understandable. The Funds currently buying the stock are not going to move the price upwards until they can see clear signs that EPF have finished with their selling.

Once EPF have moved out of the current selling, my price targets are (1)10.20, (2)10.36/10.42 and (3)10.58/10.62, providing the KLCI remains above 1,600.

An article released today has similar technical targets. See below....

***************************************************

Technical Tracker - TENAGA: Set to Rebound Soon

n line with China power crunch, TENAGA share prices had fallen 5.7% from a high of RM10.33 to RM9.76 yesterday. We continue to like TENAGA on the back of better utilities demand prospect that is driven by Malaysia’s transition into Phase 3 and 4 of National Recovery Plan.

We believe the risk-reward profile had turned attractive after recent weakness, underpinned by stable FY20-23 EPS CAGR of 5%, undemanding valuations of 11.3x FY22E (-28% vs 5Y mean 15.7x) and 1.01x P/B (-22% vs 5Y mean 1.3x) coupled with attractive DY of 5.1% for FY21-22. As such, we reckon the current sell down is mainly driven by the sentiment, and recent weakness in share prices provides a great opportunity to accumulate the stock as a recovery proxy.

Despite lingering fear that the recent surge in power energy would impact TENAGA in terms of electricity generation cost and demand for the utilities, we nonetheless are not overly concerned as the Imbalance Cost Pass-Through (ICPT) mechanism will allow TENAGA to transfer the fluctuation risk of fuel energy cost to end-users or be compensated by the government. With the hike in energy cost, we expect a potential surcharge of RM7.6bn in 1H22 to be pass-through. Hence, TENAGA is deemed to be neutral from the hike in energy cost. Going forward, TENAGA will continue to leverage into its power business through focusing its RE investment and will not undertake any new coal-fired power plant development, this is in line with the government pledge.

Technically, TENAGA is poised for symmetrical triangle breakout (RM9.85). A successful breakout will spur the prices toward RM10.23 before reaching our LT targets of RM 10.63. Cut lost at RM9.54.


Source: Hong Leong Investment Bank Research - 21 Oct 2021

Posted by chowwei > 2021-10-21 13:18 | Report Abuse

等 Tenaga 跌到 9.540 时 我们
可以学 大师们的 Slogan Word
" 再跌再买 / 怕它不会起啊 / That All "

Posted by Keyman188 > 2021-10-21 13:33 | Report Abuse

Research firms positive on TNB's RE expansion in UK

(October 21, 2021 12:38 pm +08)


KUALA LUMPUR (Oct 21): Tenaga Nasional Bhd’s (TNB) move to expand its renewable energy (RE) portfolio has received a positive response from research houses.

On Wednesday, TNB announced that its subsidiary Vantage RE Ltd has acquired a 49% stake in an offshore wind farm company Blyth Offshore Demonstrator Ltd (BODL) from EDF Renewables, a subsidiary of the French utility company Électricité de France (EDF).

The acquisition marks the utility giant’s maiden entry into the international offshore wind market as BODL currently owns offshore wind assets off the coast of Blyth, Northumberland, England.

The assets include five turbines with a total installed capacity of 41.5 megawatts (MW) (Blyth 1) and further development rights for a floating offshore wind project of up to 58.4MW (Blyth 2) off the Northumberland coast.

In a note on Thursday, Kenanga Research said although it is a small investment, the move would set the pace in growing the group’s RE portfolio in the UK and Europe, where the utility giant plans to increase it by 2,733MW by 2025.

"This also helps to address the pressing environmental, social and governance (ESG) concern that has pressured its share price in the past years,” it said, maintaining its "outperform" call on TNB’s shares, with a target price (TP) of RM11.80 per share.

Meanwhile, MIDF Research noted that although no details of the transaction value were revealed, the greenfield installed cost of offshore wind generators has fallen by 28% in the past four years and stood at US$3.8 million per MW in 2019.

“Having said that, Blyth 1 is relatively a mature asset, having been in operations for circa four years, and is backed by the Renewable Obligation Certificates (ROC) subsidy regime, hence we think a premium is likely,” it said in a note on Thursday.

As such, the research house retained its "buy" call on TNB with an unchanged TP of RM11.80 per share, factoring in a 10% ESG discount to reflect the valuation pressure on TNB, given its generation unit’s high exposure to coal power plants.

It noted that the plants currently account for 24% of overall group revenue and the coal power purchase agreements (PPAs) are expected to fall off the grid only from 2029 onwards.

“Nevertheless, TNB had revealed its 2050 sustainability pathway, which includes a commitment to reduce emission intensity by 35% and coal capacity by 50% by 2035, as well as an aspiration to achieve net-zero emissions and to be coal-free by 2050.

"These should eventually provide a clear direction in TNB’s sustainability agenda and gradually reduce the ESG overhang on the stock," it said.


## https://www.theedgemarkets.com/article/research-firms-positive-tnbs-re-expansion-uk

Posted by kong73 > 2021-10-21 14:45 | Report Abuse

Nice Vantage RE building a nice portfolio of RE plants. Solar Power and Wind Farm in UK and Europe

Posted by kong73 > 2021-10-21 14:48 | Report Abuse

With this offshore wind farm acquisition, TENAGA will be operating close to 450W of RE investments in the UK.


Source: Kenanga Research - 21 Oct 2021

Posted by wp9411 > 2021-10-21 15:59 | Report Abuse

anyone receive dividend payment for M+ accoun holdert?

Posted by chowwei > 2021-10-21 17:58 | Report Abuse

还是觉得你最稳
Only The Strong

Posted by MYLau21 > 2021-10-21 20:24 | Report Abuse

wp9411 yes. I received on the payment date. You haven’t got yours?

Posted by chowwei > 2021-10-22 18:34 | Report Abuse

10月尾 / 星期五 / 套利潮

Posted by okooi32 > 2021-10-24 14:53 | Report Abuse

11.00 is coming......:)

Posted by VTrade > 2021-10-25 12:59 | Report Abuse

Yes.. is 11 11

Posted by Investmentguru > 2021-10-26 09:21 | Report Abuse

11

Posted by Cactusgirl > 2021-10-26 15:00 | Report Abuse

当你觉得tenaga会起了，它就跌给你看。