TENAGA NASIONAL BHD

KLSE (MYR): TENAGA (5347)

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Last Price

13.66

Today's Change

-0.32 (2.29%)

Day's Change

13.02 - 13.90

Trading Volume

25,386,200


22 people like this.

13,620 comment(s). Last comment by Rose001 14 hours ago

Posted by hweeshien > 2021-11-24 16:39 | Report Abuse

apa terjadi? What happened?

Karma4444

743 posts

Posted by Karma4444 > 2021-11-24 17:31 | Report Abuse

Msia will be hollandsia

Amar

28 posts

Posted by Amar > 2021-11-24 18:10 | Report Abuse

Hope dividend is not screwed

Hemsley

341 posts

Posted by Hemsley > 2021-11-25 10:50 | Report Abuse

QR release soon, right? Probably tomorrow. Likely red for the quarter ended 30th Sep?

Hemsley

341 posts

Posted by Hemsley > 2021-11-25 10:52 | Report Abuse

I think the share price could turn green only after Feb next year.

DChosen2

459 posts

Posted by DChosen2 > 2021-11-25 11:11 | Report Abuse

The chart looks extremely nice .......... for the DOWNTRENT beginning 2018.

gghaha

1,639 posts

Posted by gghaha > 2021-11-25 11:59 | Report Abuse

most stabile fall down shares in the pass few years.....:)

mita29

1,064 posts

Posted by mita29 > 2021-11-25 13:34 | Report Abuse

Descending triangle, wait for next possible holland waterfall then consider.

OnTime

2,188 posts

Posted by OnTime > 2021-11-25 14:40 | Report Abuse

too many pending lawsuits

Karma4444

743 posts

Posted by Karma4444 > 2021-11-25 15:28 | Report Abuse

9.40 sudah mau runtuh liao, kwsp keep selling, i waiting 8.88

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-11-25 15:32 | Report Abuse

33% very big impact, thanks to malaysia government. Many investors consider switch to other market. Let's see what happen

apple168

6,236 posts

Posted by apple168 > 2021-11-25 15:34 | Report Abuse

Short9E… dump dump dump… run for your life…

Karma4444

743 posts

Posted by Karma4444 > 2021-11-25 15:44 | Report Abuse

tengku also no feeling about this matter, klci jatuh ma jatuh lah, as long as tax mari mari mari

gomyinv

49 posts

Posted by gomyinv > 2021-11-25 16:09 | Report Abuse

alamak, telekom also drop big, all run road because of need to pay more tax?? sell stocks to raise money for the tax payment??

Posted by prudentinvestor > 2021-11-25 16:18 | Report Abuse

EPF has disposed of almost 50 million Tenaga shares since the beginning of September and Mahathir's best friend is still urging the Board to allow more withdrawals by members.

gghaha

1,639 posts

Posted by gghaha > 2021-11-25 16:24 | Report Abuse

attractive price coming .....9 for good luck...:)

shun2311

14 posts

Posted by shun2311 > 2021-11-25 16:49 | Report Abuse

Don't know why all panic, no matter what happens you still have to pay electricity bill, my average price is 9.7, will definitely be lower if it keeps dropping from here, TENAGA is a cash cow and will continue to be so, especially with the investment to transition to clean energy, I will definitely be buying more if it drops to 9.3 and 9.0 respectively.

OnTime

2,188 posts

Posted by OnTime > 2021-11-25 17:59 | Report Abuse

be very afraid!

Posted by prudentinvestor > 2021-11-25 18:05 | Report Abuse

Still able to maintain its earnings. Results should improve in the coming quarter. Time to accumulate slowly.

Karma4444

743 posts

Posted by Karma4444 > 2021-11-25 18:14 | Report Abuse

kwsp will continue sell

t0pup

55 posts

Posted by t0pup > 2021-11-25 19:17 | Report Abuse

No dividend?

Ken Chung

85 posts

Posted by Ken Chung > 2021-11-25 20:07 | Report Abuse

no dividend. 3 months time got dividend. i am happy can collect at 9.38.drop will some collect some more for my retirement fund

Titan

4,170 posts

Posted by Titan > 2021-11-26 06:51 | Report Abuse

The cukai makmur will affect next yr div. Imagine if the same earning as current Q, the PAT will be 840mil instead of 1 billion. I think TNB will use next yr to kitchen sink whatever that they HV not reported yet coz why declare high profit n pay additional tax.

Posted by kpowersohai > 2021-11-26 07:42 | Report Abuse

use your brain, all this selling is just panic sell. see kwsp holding amounting to 16++%, if this company having issue do u think kwsp will still hold more than 10%?? and see yrself the latest quarter result. this is legit money making machine. esg consent?? no problem about esg consent since tnb is expanding into green investment stage by stage and it keeps improving. one last advice never follow the buying or selling of kwsp, u will go holland faster if u been influenced by kwsp buying or selling activity. Do your own calculated risk. cukai makmur? this is just one off event which i see as an opportunity to buy blue chips in cheaper price.

LossAversion

1,728 posts

Posted by LossAversion > 2021-11-26 07:47 | Report Abuse

No need to arguelah.It all depends on each individual and his/her objectives. Those traders/speculators would be the panicky herd, while those real investors see each fall in prices as an opportunity to collect and enjoy the fruits to be offered later on.

Posted by everest29029 > 2021-11-26 07:52 | Report Abuse

Debt increased but profit & revenue stagnant. Good money management....can turn into blue cheap soon...

https://www.theedgemarkets.com/article/tnb-issues-rm3b-worth-islamic-bonds

Donator

1,141 posts

Posted by Donator > 2021-11-26 10:13 | Report Abuse

For this counter, no need watch it everyday, just buy and go to sleep and get dividend...sure wont loss on this counter...

kong73

2,065 posts

Posted by kong73 > 2021-11-26 10:44 | Report Abuse

A weaker sequential result partly on lower electricity sales... 3QFY21 core profit fell 20% QoQ to RM1.08b, despite revenue rising 4%, partly due to the MCO 3.0 which led a 4.4% decline in electricity sales coupled with a higher sales discount of RM394.6m from RM45.1m previously. However, the higher group revenue was largely due to a big 318% jump in ICPT over-recovery of RM1.31b from RM0.31b as fuel cost rocketed. 3QFY21 total fuel costs surged 23% to RM5.45b from RM4.42b as average coal cost jumped 35% to USD124.1/MT from USD92.0/MT while average gas reference market price grew 13% to RM21.4m/mmbtu from RM18.9/mmbtu previously.

… but still a solid quarter YoY. YoY, 3QFY21 core profit rose 9% from RM986.8m last year, on the back of 17% expansion in revenue, owing to: (i) 37% decline sales discount and (ii) ICPT over-recovery of RM1.31b vs. ICPT under-recovery of RM0.96b on a surge in fuel costs. However, electricity revenue in Peninsular fell 8% as demand contracted 6.7%. YTD, 9MFY21 core profit leapt 38% to RM3.89b from RM2.82b while revenue rose 10% for the same reason above as the COVID-19-led sales discount fell sharply by 81% to RM0.46b from RM2.38b for the same period last year. In general, total fuel costs rose 11% which was mainly led by 59% jump in average coal prices.

On track to meet FY21 forecast and a better FY22. We expect a comparable sequential result in 4QFY21 as the higher hydro revenue in 1HFY21 is not sustainable. On the other hand, with COVID-19 now treated as endemic, new drastic lockdowns are unlikely; thus, we do not expect further COVID-19 impact in FY22. As such, we remain optimistic on its earnings prospects post-COVID pandemic as its earnings resiliency remains solid. Post 3QFY21 results, we keep our FY21 forecast unchanged but cut FY22 estimates slightly by 3% to reflect the one-off prosperity tax.

Attractive valuation; OP maintained. Share price is still lacklustre given the ESG concerns but heavy selling is somewhat abating. It has RE expansion plan and is committed to be coal-free by 2050 to address the ESG issue. Thus, its forward FY22E PER of 10x seems fairly attractive which values the stocks at 1.5SD below its 3-year mean. As such, we continue to rate the stock an OUTPERFORM with revised TP of RM11.41 from RM11.80, which embedded a RM2.05 ESG discount from its mean valuation of RM13.46. It is also supported by a decent dividend yield of >4% with potential special dividend. Downside risk to our recommendation is weaker-than-expected earnings from non-

kong73

2,065 posts

Posted by kong73 > 2021-11-26 10:55 | Report Abuse

Decent dividend of >4% with potential Special dividend again payable in 2022

shun2311

14 posts

Posted by shun2311 > 2021-11-26 11:33 | Report Abuse

5.6% dividend yield using 2019 dividends and current price of 9.44, yesterday price even more attractive but whatever

Posted by mokluhanj21 > 2021-11-26 11:36 | Report Abuse

EPF disposing is not really based on fundamentals. it's the pressure of the I-citra I-this I-that... What are the most liquid counters on Bursa? Think la.. Dont panic. This is slow and steady kayuh... The patient will be rewarded

Posted by mokluhanj21 > 2021-11-26 11:44 | Report Abuse

EPF holdings:
29 Dec 2020- 1,013,903,382 shares
22 Nov 2021- 952,607,882 shares

source: Bursa

KimSua

512 posts

Posted by KimSua > 2021-11-26 11:49 | Report Abuse

Important is the increase revenue in Q3 amid the long MCO period. Q4 we can expect an even higher revenue 13billion ~+10% if the current economic opening is sustain. Cannot predict what EPF strategy is but they have to buy more sooner or later. Hopefully soon.

shun2311

14 posts

Posted by shun2311 > 2021-11-26 12:49 | Report Abuse

Epf selling because it has to meet the withdrawal of members

Posted by KingKong_Doll > 2021-11-26 13:13 | Report Abuse

Q1'22 need to generate revenue of 15B and PBT of 1.45B. For the past 8 yrs, TNB highest also 13B/Q. So the RP3 outcome is very important le. Will gomen allow the increase of electricity? Now ppl already compain kobis rise from RM 6 to RM 18 a'dy. Then 1 month later electricity increase lagi....rakyat sure F kau kau a'dy. Somemore planning election 6 months from now.......Next yeat some more have prosperity tax.... LHDN law suit...wah lau.....jiak lat. I sit sideline 1st and c c 1st.....

planta

269 posts

Posted by planta > 2021-11-26 17:47 | Report Abuse

Electric won’t increase before election for sure. After election jeng jeng jeng

DickyMe

14,898 posts

Posted by DickyMe > 2021-11-26 20:23 |

Post removed.Why?

DickyMe

14,898 posts

Posted by DickyMe > 2021-11-26 20:24 | Report Abuse

F A.RK TNB.

Use solar energy.

Asia88

590 posts

Posted by Asia88 > 2021-11-26 20:42 | Report Abuse

If you are shareholder, please give advice to the board.

Posted by prudentinvestor > 2021-11-27 16:36 | Report Abuse

"F A.RK TNB."
Why? I have already received 80 sen a share dividend from them this year.

Posted by Investmentguru > 2021-11-27 21:36 | Report Abuse

Top up

DickyMe

14,898 posts

Posted by DickyMe > 2021-11-28 00:31 |

Post removed.Why?

James Ng

2,706 posts

Posted by James Ng > 2021-11-28 19:27 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-11-28-story-h1594702363.jsp
[转贴] [Video:浅谈TENAGA NASIONAL BHD, TENAGA, 5347] - James的股票投资James Share Investing

Kenokaya

174 posts

Posted by Kenokaya > 2021-11-29 09:58 | Report Abuse

Adoi keep on dropping. Should have waited to buy. Bought at 9.46 last week. Aiyah! Will it drop more?

Calvin882

1,562 posts

Posted by Calvin882 > 2021-11-29 10:06 | Report Abuse

Seems like it will drop more.

Posted by prudentinvestor > 2021-11-29 10:26 | Report Abuse

Lowest in 8 years but still no sign of bottoming out. When people are fearful, we should be greedy.

pirate99

822 posts

Posted by pirate99 > 2021-11-29 10:29 | Report Abuse

RM9 can get ?

Calvin882

1,562 posts

Posted by Calvin882 > 2021-11-29 10:35 | Report Abuse

Not sure it can go back to RM9. But it touched that price twice within the past one year.

Donator

1,141 posts

Posted by Donator > 2021-11-29 10:42 | Report Abuse

can buy and keep...dont worry about the price...

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