Posted by kkwong13 > 2 months ago | Report Abuse

“In the 2Q2024 earnings season, performance of companies under our coverage were largely in line with our expectation, except for Tenaga, which exceeded our estimate, attributed to better-than-expected sale of electricity, along with lower fuel cost and forex translation loss, amid the strengthening of the MYR (Malaysian ringgit),” BIMB said.

Tenaga’s sale of electricity escalated 4% quarter-on-quarter and 6% year-on-year (y-o-y), thanks to increased demand from the commercial (DCs included under this) and domestic segment by 10% and 12% y-o-y, respectively.

BIMB maintained an “overweight” recommendation on the sector, with a “buy” call on Tenaga at a target price (TP) of RM17.84, Malakoff at a TP of 90 sen.

Posted by kkwong13 > 2 months ago | Report Abuse

More and more foreign investor, capital flow in to build more factories in Malaysia, more electricity require.

Fong/The Edge

KUALA LUMPUR (Sept 4): Malaysia secured RM85.4 billion in foreign investments in the first half of 2024 (1H2024), with Austria leading at RM30.1 billion.

This was followed by Singapore (RM16.5 billion), China (RM9.8 billion), the Netherlands (RM4.0 billion), and Taiwan (RM2.4 billion), according to the Malaysian Investment Development Authority (Mida).

The RM85.4 billion in foreign investments accounted for 53.4% of total approved investments of RM160 billion in 1H2024. Domestic investments contributed 46.6% or RM74.6 billion.


The total approved investments of RM160 billion represented an 18% year-on-year increase from RM135.6 billion in the same period last year, Mida reiterated, following Prime Minister Datuk Seri Anwar Ibrahim's announcement of the same on Tuesday.

https://theedgemalaysia.com/node/725477

Posted by speakup > 2 months ago | Report Abuse

F-a-r-k lah Tenaga just pay the 1.4Bil LDHN fine lah! Lu dapat monopoly from govt tapi tak nak bantu Malaysia? That 1.4Bil boleh bantu bangunkan negara and rakyat Malaysia. Bayar je

Posted by yeinemesis > 2 months ago | Report Abuse

Cannot simply pay. Public Company. The management must be able to 'justify' that such tax is required under the Tax Law. Otherwise if auditor comes and discovers a person is not protecting the company's interest, he might face legal action by the company. Nowadays we hear news of 'new management' of a company taking legal action on 'former management' pertaining to their action & decision making related to the company's interest. Similar to our politics.

Posted by speakup > 2 months ago | Report Abuse

buat national servis. if tenaga luv malaysia, tenaga should pay

Posted by Fabien _the efficient capital allocator > 2 months ago | Report Abuse

CGS new SOP TP 19.10

Posted by yeinemesis > 2 months ago | Report Abuse

14.680 with 1.2M Bids against 14.700 with 3.0M Asks at 4pm. Big volume fighting. How to move...🤔😴

Posted by dtlp16 > 2 months ago | Report Abuse

25¢ div announced

Posted by Daniel Chin > 2 months ago | Report Abuse

@speakup funny mindset, next time you get fine, even you not wrong, you must pay the fine , because you love Malaysia

Posted by Diamond7 > 2 months ago | Report Abuse

Monopoly industry
Hopefully give bonus.....

Posted by Diamond7 > 2 months ago | Report Abuse

1 for 5 good enuf!

Posted by matthewming > 2 months ago | Report Abuse

EPF buying in

Posted by Phoebe > 2 months ago | Report Abuse

Lower borrowing cost and fuel cost due RM strengthening against USD. Increase in electricity consumption due to industrial activity and DC. Lastly, RP4 coming. Increase in electricity tariff?

Posted by turbochart > 2 months ago | Report Abuse

propose to gov, remove all tnb subsidy!! Use 1sen pay 1sen, use 100k, pay 100k🤣

Posted by i7investors > 2 months ago | Report Abuse

TENAGA need more Power for incoming DC.

Posted by Phoebe > 2 months ago | Report Abuse

Analyst give target price of RM 17++.....

Posted by ccpool > 1 month ago | Report Abuse

I'm surprised people still trust analyst target price 🤣

Posted by speakup > 1 month ago | Report Abuse

Dulu analysts give TP 12 only

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,189.49

-123.51

0.29%

Nasdaq

NASDAQ Composite

18,080.60

-38.98

0.21%

Posted by turbochart > 1 month ago | Report Abuse

Rich family tnb usage >2000 per mth, please remove all subsidy to these rich group!!!

Posted by turbochart > 1 month ago | Report Abuse

Foreigner MM2H enjoy all the gov subsidy!!,they show off in YouTube, Tnb, water, petrol, condo, eat, all very cheap!!! Pls do something, Anwar!!!

Posted by mf > 1 month ago | Report Abuse

Hezbollah denies Israeli ground troops crossed into south Lebanon

Posted by iTelex5 > 1 month ago | Report Abuse

Oracle coming to Malaysia with US6.5b

Posted by Apple888 > 1 month ago | Report Abuse

why tenaga keep dropping

Posted by Lai Peng Chin > 1 month ago | Report Abuse

Foreign investors are selling but local funds are supporting.

Posted by speakup > 1 month ago | Report Abuse

Last time speakup buy Tenaga rm9

Posted by KingKKK > 1 month ago | Report Abuse

TENAGA: Poised to resume its uptrend?

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-10-09-story-h471005635-TENAGA_Poised_to_resume_its_uptrend

Posted by Apastock > 1 month ago | Report Abuse

coming soon ..

Posted by iTelex5 > 1 month ago | Report Abuse

Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!

Posted by iTelex5 > 1 month ago | Report Abuse

Why is 14.60
so stubborn? Tenaga sure to go up given the views on it. Chargeeeeeeeeeeeeeeeeeeeeeeee.

Posted by GwenChin > 1 month ago | Report Abuse

14.64 now 🎉

Posted by iTelex5 > 1 month ago | Report Abuse

This week, it has been incredibly hot. At 16 degrees C, I was perspiring.
National airconds lowest 16.

Posted by Income > 4 weeks ago | Report Abuse

No Tenaga

Posted by speakup > 4 weeks ago | Report Abuse

14.64? Now 14

Posted by Apple888 > 4 weeks ago | Report Abuse

Tmrw rebound to 14.5 then all in.
Haha

Posted by HKHedgeFund > 4 weeks ago | Report Abuse

柔佛笨珍禧玛诺 Shimano 用电估计一个月大约接近三百万左右

Posted by Income > 3 weeks ago | Report Abuse

Never be a prisoner of the unseen Master。This is the advice of my sifu。

Posted by Income > 3 weeks ago | Report Abuse

Posted by turbochart > Oct 1, 2024 12:54 PM | Report Abuse

Foreigner MM2H enjoy all the gov subsidy!!,they show off in YouTube, Tnb, water, petrol, condo, eat, all very cheap!!! Pls do something, Anwar!!!

？

They come here to spend pend their money to help Bolehland economy.
Bo.do ker u ask PMx to stop foreigners from visit Msia and stay in Msia as second home?

Posted by HKHedgeFund > 2 weeks ago | Report Abuse

Rafizi Ramli: nuclear power

Posted by iTelex5 > 1 week ago | Report Abuse

It would take years to get a plant going if that is true at all.

Posted by iTelex5 > 1 week ago | Report Abuse

2:58 / 10:46


Malaysia: High Income Nation by 2028 with Data Centers YouTube

Posted by HKHedgeFund > 1 week ago | Report Abuse

buy more, a lot of foreign investor coming haha

Posted by pang72 > 1 week ago | Report Abuse

Yes! Time to ripe the data center investment outcome in electricity generation in TNB

Posted by pang72 > 5 days ago | Report Abuse

Blue chip looks useless recently from maybank, Tenaga, ytlpower to PCHEM...

Posted by pang72 > 5 days ago | Report Abuse

What the hell is going on for bursa?

Posted by HKHedgeFund > 5 days ago | Report Abuse

Tenaga corruption

Posted by nisah395 > 5 days ago | Report Abuse

Going to 12.00?

Posted by Myinvestment88 > 5 days ago | Report Abuse

This is only source info for price target only
Don’t panic

Posted by PureBULL ... > 4 days ago | Report Abuse

Mkt's indeed v challenging now n forever.
There r tonnes of lorry loads of noises out there to convince, confuse n to condemn.

Most valued sifu on i3investors like dragon328 r in this Grouping on GWS.
U might want to join this for their updated views n mkt direction as follows:

https://messenger.i3investor.com/join-group.html?route=8ac33dc488de45e19a6517a5bc97470d

Posted by KingKKK > 3 days ago | Report Abuse

WINNING BIG: The 10 Best-Performing Stocks in Malaysia YTD - SUNWAY, GAMUDA, UTDPLT, IJMCORP, AIRPORT, CIMB, TENAGA, AMMB, 99SMART, HARTA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-23-story-h474783546-WINNING_BIG_The_10_Best_Performing_Stocks_in_Malaysia_YTD_SUNWAY_GAMUDA_