Posted by Mabel > 2022-04-11 21:20 | Report Abuse

Support: 8.86/8.71

Resistance: 9.01/9.16

Posted by ccpool > 2022-04-12 10:10 | Report Abuse

We are at support but the overall market structure is in a downtrend. One must be prepared for prices to go either way and I always trade level to level and play the probabilities game. If we do get to those level i've mentioned. I will be back to send my regards ;-)

Posted by qcmboy > 2022-04-12 10:30 | Report Abuse

Dont see technical guy. They will draw beautiful k line for you.
Dont top up stock first. Let them drama drama for a while.
People without stock can buy 25% first.

Posted by Taikoh > 2022-04-12 12:19 | Report Abuse

Ha...ha....ya let them drama..drama first...lol

Posted by Runnerup > 2022-04-12 16:41 | Report Abuse

Push more down , let's the spring fully lower than release.

Posted by SHOB > 2022-04-14 06:09 | Report Abuse

dealers are out.gd luck

Posted by Mabel > 2022-04-14 08:51 | Report Abuse

Hmmm.. price action has gone below line 200MA(wkly)

Posted by qcmboy > 2022-04-14 09:49 | Report Abuse

Stand still guys. Wait for them to make the move. We are very happy to see any direction.

Posted by Taikoh > 2022-04-14 13:27 | Report Abuse

Yup. win win situation...price down we collect price up we gain.

Posted by ccpool > 2022-04-14 17:03 | Report Abuse

Haha so now everyone is ok for it to dump?

Posted by qcmboy > 2022-04-14 20:24 | Report Abuse

Still no power to lower the price. Need more people to buy some.

Posted by WinningBenning > 2022-04-14 20:31 | Report Abuse

Energy problem should push this counter down...may target buy ~8.50.

Posted by flyhub888 > 2022-04-15 01:18 | Report Abuse

all TP from institutions above rm10..

Posted by qcmboy > 2022-04-15 09:27 | Report Abuse

dont guess direction guys. With only 0.01 % already can control day trade. make it both direction you are happy.

Posted by PassionateInvestor > 2022-04-15 12:14 | Report Abuse

@flyhub888 Yes, most institutions gave TP above RM10 with the exception of Maybank which gave Tenaga only RM9.30. Refer to this article: https://www.theedgemarkets.com/article/analysts-mixed-tnbs-re-progress

Posted by jeffchan1901 > 2022-04-15 12:39 | Report Abuse

sometimes dont believe what analysts say. who know what hidden agenda they have

Posted by ccpool > 2022-04-15 14:09 | Report Abuse

@jeffchan1901 You should do it "everytime" and not "sometimes" hahah. Think about it. How do the big boys fill a big sell order? You guess it right, you need a big buy order. Keep pumping the retails with good news, hopium and everyone starts fomo buying into resistance AKA their sell order. Dump it down and everyone get rekt. We are in a dynamic market, buying and holding does not work as well as it used to be anymore.

Posted by kahfui1221 > 2022-04-15 14:10 | Report Abuse

buy and close eyes
buy and close eyes
buy and close eyes
buy and close eyes
buy and close eyes
buy and close eyes

Posted by qcmboy > 2022-04-15 15:44 | Report Abuse

Never invest with news or pro analyst or even own CEO statement.

Posted by Juliette0331jooley > 2022-04-15 15:48 | Report Abuse

Ceo mind set - I want share price go up, That it.

Posted by Juliette0331jooley > 2022-04-15 15:48 | Report Abuse

Retails mind set- you are trying to playing around with me

Posted by Godstock8888 > 2022-04-15 15:59 | Report Abuse

buy , will go to 10 above later

Posted by qcmboy > 2022-04-15 17:33 | Report Abuse

CEO is just one of the actor.

Posted by choysun > 2022-04-15 21:41 | Report Abuse

EPF has been consistently buying recently

Posted by DickyMe > 2022-04-15 22:01 |

Post removed.Why?

Posted by flyhub888 > 2022-04-15 23:40 | Report Abuse

no use.. epf keep buy then dispose. repeat and repeat..

Posted by Nepo > 2022-04-16 06:23 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E7%9C%8B%E5%A5%BD%E5%9B%BD%E8%83%BD%E7%A2%B3%E4%B8%AD%E5%92%8C%E7%AD%96%E7%95%A5-%E5%88%86%E6%9E%90%E5%91%98%E5%96%8A%E4%B9%B0%E5%85%AC%E7%94%A8%E4%BA%8B%E4%B8%9A%E8%82%A1

Posted by Darren Law > 2022-04-16 10:01 | Report Abuse

People buying good fundamental, dividend

Posted by DickyMe > 2022-04-16 15:14 |

Post removed.Why?

Posted by tingpangeng > 2022-04-16 16:15 | Report Abuse

Hi Dick , are you alright? lol

Posted by Silemak > 2022-04-16 17:05 | Report Abuse

Tenaga main shareholders are all GLIC, GLC. GOVt will anyhow support Tenaga. Don’t forget EPF , PNB etc need to pay good dividend !!!
Tenaga need to pay good dividend to them!!! Downside limited!!!!

Posted by flyhub888 > 2022-04-17 01:21 | Report Abuse

there is no good for institutions if the share price drop..

Posted by everest29029 > 2022-04-17 09:27 | Report Abuse

Contrary, EPF will intensify the selling of more shares to fund 10k special withdrawals since the foreign funds have flowed into Bursa this would be the best time to sell more.

Posted by Silemak > 2022-04-17 10:03 | Report Abuse

Apparently epf is buying. And I think its at the bottom. If it’s for long term tenaga is the best to keep!!!

Posted by Mabel > 2022-04-17 22:18 | Report Abuse

#PassionateInvestor @flyhub888 Yes, most institutions gave TP above RM10 with the exception of Maybank which gave Tenaga only RM9.30. Refer to this article: https://www.theedgemarkets.com/article/analysts-mixed-tnbs-re-progress
15/04/2022 12:14 PM


DickyMe RM 4.50 coming soon!
16/04/2022 3:14 PM


Haha Yes lah..

That's why Mabel top up last week when it is below RM 9...

Some kind hearted Dick decided to sell to Mabel..

Too bad, Dicky will miss another boat again..

Meow

Posted by qcmboy > 2022-04-18 09:34 | Report Abuse

We need more people buy to push the price down.

Posted by qcmboy > 2022-04-18 09:36 | Report Abuse

EPF is foreign fund.
Foreign fund is EPF

Posted by qcmboy > 2022-04-18 09:38 | Report Abuse

As long as you buy tenaga you will be happy it go either direction then it is good buy.

Posted by kahfui1221 > 2022-04-18 16:36 | Report Abuse

TTL NET Short % of TTL NSP

Feb 22 6,397,288 0.11

23 7,111,588 0.12

24 7,332,988 0.13

25 7,888,588 0.14

28 8,241,288 0.14

Mar 1 8,203,288 0.14

2 9,179,888 0.16

Shorts are still happening , we cannot see the buy or sell differences in the report but you can observe the buy sell orders activity . The shortist will work hand in hand with EPF since they know when they plan to buy/selll since a year back. Since EPF is signaling to buy, shorties will encourage more volume of sellers to come in via rumours and try to keep the price down. It is game of average of sellling high and buy low for shorties , and big funds to sell high and pick up low

Posted by kahfui1221 > 2022-04-18 16:36 | Report Abuse

Coal, Petroleum all skyrocketing .. will impact TENAGA

Coal, Petroleum all skyrocketing .. will impact TENAGA

Posted by M55555 > 2022-04-18 21:20 | Report Abuse

All IBs target give buy call . BUT they sendiri tak mahu beli , kasi harga up? Why ah?

Posted by flyhub888 > 2022-04-18 23:35 | Report Abuse

while we all buying, they silently sell off. lol

Posted by Mabel > 2022-04-19 00:04 | Report Abuse

Yes lah...

We buy because of Dividend. It does not matter if the share go down. Down mean an opportunity to collect. TNB will not go bankrupt as long people need electricity...

Meow

Posted by Darren Law > 2022-04-19 08:24 | Report Abuse

Mabel Well Said

Posted by Deekay > 2022-04-19 17:22 | Report Abuse

Just collected dividend yesterday, gonna use it to reload a bit. Good thing that the price is depressed when the dividend is paid.

Posted by qcmboy > 2022-04-20 09:31 | Report Abuse

If because dividend you better buy bond bro. dividend higher and safer. US govt bond already close to 3%

Posted by qcmboy > 2022-04-20 09:36 | Report Abuse

Tenaga is just one of the Casino.

Posted by Deekay > 2022-04-20 12:52 | Report Abuse

If you view it as a casino...good luck to you.

Posted by Silemak > 2022-04-20 13:18 | Report Abuse

At 8.95 limited downside. Div 4.5 plus upside potential still very good buy.

Posted by kahfui1221 > 2022-04-20 14:54 | Report Abuse

"While valuations are attractive and environmental, social and corporate governance concerns seemingly largely priced in, we think the stock is unlikely to rerate significantly in the near term due to lingering concerns over the ICPT mechanism," it said in a note on Tuesday.

The ICPT mechanism allows TNB to reflect changes — either increase or reduction — in fuel and other generation-related costs in the electricity tariff every six months in the form of rebate or surcharge.

According to Maybank IB, TNB, via its wholly-owned subsidiary, Vantage RE Ltd, had acquired 97.3MW of UK's onshore wind farms for £145.9 million from funds advised by Capital Dynamics, an independent asset management firm.

"The acquired portfolio comprises 11 UK sites developed under either the Feed-in Tariff or Renewable Obligation Certificate subsidy regimes, thus providing some degree of revenue stability.

"The acquisition raises Vantage's wind capacity from 433MW to 530MW, and TNB's gross RE capacity from 3,479MW to 3,576MW," it said.

As such, Maybank IB has maintained a "hold" recommendation for TNB, with an unchanged target price (TP) of RM9.30.

Meanwhile, Public Investment Bank (Public IB) has retained its "outperform" call for the counter, with an unchanged discounted cash flow-derived TP of RM12.42.

"TNB's acquisition of a stake in the UK onshore wind portfolio is consistent with the group's strategy to expand its RE portfolio.

"We understand that post-completion of the new assets, Vantage's total operational RE capacity will grow by 23%, which comes as no surprise as TNB already indicated in its recent result briefing that it was looking at a potential acquisition of a new asset in the UK by the second quarter of 2022," it said in a note on Tuesday.