Dr Munir Majid is trying to instill False hope???

How could a national Airline be merged with Non_Malaysian airlines???? Mas has to change name ???

Mas can merge with Air Asia.

Yong Chun Wah Mas 25sen vs airasia rm2.5++. Politicians vs entrepreneurs. Haha

Not all politican are corrupt..... but most malaysian politician are crooked.

PNB and EPF are trying to push Price higher (i.e higher P/E) in order 1MDB Power (which has high P/E) can be listed at higher price.

Reasons why Domestic Airsia make money:

Mas is a bad competitor.... selling seat well above AA.

AA will soon have to lower it ticket price...Malindo is a real competitor.

TNB to spend RM8.5bn to reduce blackouts, keep up with fast growing demand. Tenaga Nasional (TNB) will spend RM8.48bn over four years to boost its electricity transmission network, as it steps up investments in new technology such as “self-healing systems” to reduce blackouts and keep up with the fast-growing demand for power in new growth areas. The national utility company said about RM1bn of the capital expenditure has been set aside for transmission development projects in Nusajaya, Johor. (StarBiz)
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Meaning for the next 4 years, RM2.1 billions/year to be absorbed for CAPEX. Very little left for Dividends payment.

Bearman,

You predicted right. well done. For me it's too risky.

Until Oil Cost drop to 70 dollars per barrel.....it not worthy looking at Airlines Shares.

For MAS to break/terminate all those non-favorable contracts, it has to declare itself insolvent.... meaning Govt. will have to stop pumping money
in.

SO WATCH OUT WITH YOUR MONEY!

Control Selling by EPF & PNB.

Selling off has started..... next Quarter earning below expectation //////

There "hope" if Leakage is slowing down. But what happening now is....leakage is getting worse..... more losses to come..... leave...leave. now.

Guess everyone made some money. I am on long holiday, spending some of my Recent Windfall but still keeping an on Tenaga.... worth buying when it drop to RM11.30.

Cheers

Everyone so Quiet!!! Tenaga is going down. Be prepared to go in again..... very soon... how soon?

newbie2013

I have developed my own software... been updating since 1997/1998 Asian Currency Crisis. Beside I Hold MSc(Fin.London)and DBA(Unisa). I was a Physicist.

林俊松

I don't hold those stock. But will comment later.
Meanwhile.... please take note:
http://money.cnn.com/data/world_markets/europe/
world market is sliding?????

林俊松

I buy before EPF & PNB move in and sell before they unload.

林俊松

I started trading in 1997-98 Asian currency crisis.

林俊松

By studying EPF & PNB movement.... I am making around RM19,000.00 for each execution ... about 2 times a months..... on a capital of RM500,000.00.

We need patience.

林俊松

PNB & EPF is selling ("Control Selling") in 3000, 2000, 1000... to prevent sudden selling by other. occasionally, they also in small number... 3, 5 ,10. They wait until the buy volume reaches 5000....then they start selling.

Price will sure drop during the next 3 trading days.... as Dow Jones Industrial Average and S&P slide down.

Tenaga will soon be around 11.3 - 11.50. EPF and PNB has to earn something to Dividend.

Sell down has began... but EPF & PNB is waiting for Huge Volume Buy before off-loading.

Asian Share is all in the Red.

http://money.cnn.com/data/world_markets/asia/

Tangible Book value per share -

Tenaga Nasional Berhad : 8.1 ( As Of Nov13)

http://www.gurufocus.com/term/Tangibles_book_per_share/OTCPK:TNABY/Tangible%2BBook%2BValue%2Bper%2BShare/OTCPK:TNABY
13/02/2014 10:01

Tenaga Nasional Berhad : 8.1 ( As Of Nov13)

http://www.gurufocus.com/term/Tangibles_book_per_share/OTCPK:TNABY/Tangible%2BBook%2BValue%2Bper%2BShare/OTCPK:TNABY

Down 2 sens ...11.84 at 9.27.....low buy volume.

林俊松

Be patient. You got the money in your pocket.
EPF & PNB is waiting to unload either today or tomorrow.
Buy back when it down to 11.20 and sell at 11.60.

Most f FGV palm trees are at the end of their productive year. They need new replanting....this involves high cost and it only after 7 years before it shows positive cash flow. meant while.... taking care of these new tress will eats up most of the cash reserve.

FGV may drop as low as RM2.80, more so with current price of CPO.

Correction .....Tariff increase for TENAGA is only RM0.009 (i.e 0.9 sen)

The RM0.09 increase in Tariff is meant to close the Gap between annual CAPEX and profit.So there will remain be Gap due to Ringgit depreciation.

1. Coal Cost (buying USD but revenue in Ringgit) ) As cost of Coal increases, in Ringgit Term, the RM0.09 increase in Tariff will eaten up the Ringgit Depreciation

2. USD dominated Loan.... will be huge loss(>11%) until 4th quarter.

My Loss estimate (for Q2) for these 2 items is about RM340 millions.

Azman said " Coal price is down but Energy cost is up" .... anyone please elaborate. It may mean Tenaga is paying more Ringgit to purchase coal... as the ringgit depreciate further vs USD.

TNB Balance sheet will only improve after the New Power Stations begin production....still from some years from now.

However, Capex will be compensated by the 0.9 sen/kWH , TNB will get with recent Tariff increase.

Fuel Pass-through Cost not likely be approved anytime soon.... lots of mechanism to be ironed out.

I have unload all my Tenaga Share recently. Will come back when share drop below RM11.20.

Recent Tariff increase is Neutral to TNB Balance sheet.

we must remember that in the recent tariff increase....TNB will only get 0.9 sen out of the 5 sens total increase. 4.1 sens goes to Federal Govt for Fuel Subsidy Reduction. The 0.9 sen is to help cater for TNB Capex difference.

CORRECTION ...There are only 2 BIG players on TENAGA..... EPF & PNB

Big Question : Tenaga will only get 0.9 sen into their TARIFF. The Rest 4.1 sen will go to Federal Government to reduce subsidy for fuel... Natural gas & LNG.

So where will the profit come from?// may be if they increase their efficiency. worse to come if Ringgit continue to slide....Per Dollar from RM3.00 to now RM3.35.... my drop further to RM3.50.......these are for the purchase of Coal.

林俊松
I sold all, been waiting to sell. Now I can sleep well. will buy again when price drop to RM11.00. I made RM243K today.....hurrah.

There are only 2 BIG players on TENAGA..... EPF & TNB. They sell ....price will immediately drop......my feeling is that there will be big drop on Monday.

Today, during the last 40 minutes....they play big.

I sold all 39,600 shares during last 20 minutes....making some RM243K.... bought at RM5.55 average some 4 years ago. will buy again when it drop to RM11.00.

Thanks mates for sharing all the information.

iMDB are mostly own by EPF and PNB.... therefore they have to push Tenaga P/E for iMDB to be listed. .... how is the required P/E?

mk88

Excellence Analysis..... and thought. .... may just be true.

speakup

Totally Agree..... manipulated bluechip

How low or how high can Tenaga goes in the next 2 month?

How low or how high can Tenaga goes?

yesterday EPF bought 1.8 million share

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5347

yesterday EPF bought 1.8 million share

AT RM12.00 P/E ratio is 14.4X . Unless earning increase for the coming years...I don't see any reasons Tenaga will reach beyond this level. Any comment.

Has anyone done an estimate for Q1 earning (Sept-dec 2013) and Q2 (jan-Feb 2014).

The Energy Commission has more or less implemented the pass-through cost...meaning TNB will will get 0.9 sen ... to pay for CAPEX and the other 4.1 sen to taken by Federal Govt. for subsidy reduction. Unless TNB improve it's efficiency..... I can't see where the profit will come from. However,after the next two years... once the 2 new power stns own by TNB are commissioned....the overall profit will be better.

1st Q result will hve lower profit due to 2 major reasons: 1) weaker Ringgit to pay for coals and 2) less power consumption due to cooler weather. 2nd Q ( Jan - March) will have slightly improvement in profit due to tariff increase of 0.9 sen per kWH. And TNB will try to show lower profit during this quarter to lessen consumer anger.

Any estimate for Tenaga Earning for 1st Quater (1st Sept - Dec 31 2013) ?

EPF & PNB buying and selling ?????

Tenaga climbs, plans RM3.7b Sukuk :

At midday, it was up six sen to RM11.08. There were 4.05 million shares done at prices ranging from RM11 to RM11.16.

Most of the big players are EPF and Kazanah....buying and selling.