End up a Doji like you expected, Kimsua. Hopefully the reversal will come. .

Easing coal price, stable demand to support TNB earnings, say analysts after tepid 1Q
https://theedgemalaysia.com/node/669125

Net Profit 931mil. EPS 17.4. Better than last qtr.

Hi Kim Sua. Certainly agree with your outlook as the positives for TNB does seems to trickle in slowly. Only thing right now is the economy, which doesn't look too good going into Q2 and maybe to Q3. Hope it doesn't downplay whatever good vibes that is coming in the market. Thanks, again, Kimsua.

Also eagerly waiting for TTV's insights. :D

Thanks for your insights, Kimsua. Have been sometime. Was waiting for your inputs. Hehe. :D

I guess most bought into position in anticipation of the quarterly results that will be announce soon. Hope to see a good report from TNB.

Very strong buy support since yesterday. Good to see that.

https://www.klsescreener.com/v2/news/view/1152639

On the contrary, the ICPT is expected to be reduced in July due to lower coal and natural gas prices. I hope that should ease the bloated receivables from govt which will increase the cashflow and thus, a better Div payout.

The return of the doomsayers...... LOL

The ability to pay dividends for the last 3 years have to take in to account on the MCO lockdown which caused them to pause operations for a long time. There's already a recovery on the payout since last year. Only thing is whether when are they gonna fully recover to its pre-pandemic levels. IMHO.

Besok dapat dividend....hooray. Can top up already.

We are just too numb with the ups and downs of this counter. Nothing to chat about....haha. Action packed counter.

Didn't know TNB takes care of phone service too...Hehe

The bull needs some red bulls to stay awake... :D

Hehehe… thanks for the long write up, TTV. Read everything. I have also notice about the morning sell down and afternoon climb. Manage to get a little on Friday morning and the price climbed already after the break. I guess the next week will be the same.

Yo-yo back...

TTT, like you say, we must have the stomach to take in swings like this...hahaha

Shorts having their field day again huh...

Thanks for insights, TTV & Kimsua

Qtrly results out ....Dividend 26 sen..

TTV, looks like your fib points of 9.91 is on the dot ....hehe. Amazing.

9.91 reached....woohoo

Hehehe....damn nice.

Thanks, TTV. Looking forward to break 9.91 next :D There's a large block of sell quote on 9.90.....if that can be cleared.....looks promising.

TTV, you don’t have to wait anymore. :D

The breakout that we have been waiting for...... :D

Hahahaha....yup, i'll take it too :D

For the DV, i was hoping it to be on the higher end of the 20s like what this analysis is indicating.

https://klse.i3investor.com/web/pricetarget/research/65943

"4QFY22 – Good dividend. Management has guided the earnings for 4QFY22 to be seasonally lower QoQ due to accelerating opex as well as lower contributions from own hydropower generation. We expect core earnings for 4QFY22 to sustain above the RM1bn level, resulting FY22 to achieve RM5.0-5.2bn. Management is confident of concluding at higher end of its dividend payout policy of 30-60% on adjusted net profit for FY22. Back of envelop calculations indicate an attractive 28-30 sen/share for 2HFY22 (vs. 20 sen/share in 1HFY22 and 18 sen/share in 2HFY21)."

Thanks KimSua and TTV for insights....

Support comes during auction to close at yesterday's closing....looks like 9.50 support level is slowly building up strength. Hopefully.

Hahaha..yes, Kimsua. A long wait indeed.

Window dressing time....

Hope this price level of around 9.30-9.40 built its support as much as possible ...hehehe. Can challenge to touch 9.80 and beyond. :p

Touched 9.50 during auction....

Today Tenaga on steroids.....hahahaha

Broke 9 bucks already

It's been like that recently....low volume but big price fluctuations

Yesterday's price up mainly at last minute auction.

Thanks for heads up on the shorts, Kim Sua. Will be waiting on the sidelines to collect at shorted prices

Thanks for your insights, Kimsua

Excerpt from the report:

"As announced to Bursa Malaysia on 1 July 2022, the Government continues to uphold the ICPT
mechanism for the next six months from 1 July until 31 December 2022.
To keep the tariff and the surcharge at 3.7 sen/kWh for non-domestic customers and the rebate of
2 sen/kWh for domestic customer unchanged, the Government has agreed to fund the rebate and
surcharge totalling RM5.8 billion. The receivable from the Government and continued hike in the
fuel prices have resulted in TNB carrying higher receivable balances and higher borrowings balances
in this quarter. TNB is in discussions with the Government on the timing of the full recovery of the
RM5.8 billion. The Government will also guarantee TNB’s financing of up to RM6.0 billion to fund
the additional generation cost."

Hopefully, the qtrly results brings about some good news.

Wow..auction 8.99...

Looks like TNB just drank Red Bull...The momentum is good

Looks like got momentum to touch 8.70 level...

8.65 already..

Thanks for your insights, Kim Sua.

Syiok sendiri

Another last minute action