Please remember, directors can’t buy or sell shares in open market 1 month before the release of QR. If the directors wanted to buy or sell, they have to do deal outside market.
TNB Winning Hydropower projects in Kelantan is good news for KPower
See
PETALING JAYA: Tenaga Nasional Bhd (TNB), through its wholly-owned subsidiary TNB Power Generation Sdn Bhd, has bagged a contract to build a 300MW hydroelectric power plant in Gua Musang, Kelantan.
After palm oil bull run will be Green Energy bull run by Petronas pivoting to HUGE CAPEX for Solar power, hydro power, Biodisel and other clean green energy
2019 was Ogse bull run for Upstream Topside maintenance
Future bull run will be in Clean and Green Energy stocks
And Kpower will play a major role
So just buy and hold tight tight as there will be long term upside
This stock is going through a refocus or redirection- internally, they are buying more and more assets in RE not just wanting to be a builder or epcc contractor only anymore, but they want to be asset owners in the future for the recurrent income from RE power generation.
They are realigning themselves and it’s going to an exciting 12-24 months for this company and it’s stock price.
I am not a promoter and or anything, I like energy related counters and follow local and international energy trends and companies. What this fellas are jumping into is exciting as esg investment theme is the next big thing after tech.
It’s pe is compressed compared to local and int peers and solarvest, and as future asset owners, if they can successfully build their projects under cost or within cost, they will be strong enough recurring income.
Only problem is when are they going to move it, that’s the million dollar question. Far too slow for my liking, and for me to sleep well at night, I need to see it closer to rm 1.50-1.80 to hold this counter for another 24 months without losing sleep.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,632 posts
Posted by calvintaneng > 2021-09-01 18:30 | Report Abuse
No selling to market
Directors sell among themselves to change hand only
Read carefully.
GO BUY MORE!!!