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14.260 0.060 (0.42 %)

High: 14.280     Low: 14.160     Vol: 6,857,700 Average Vol: 75,736

last updated: 16-Oct-2017 4:56 PM

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[TENAGA] Good time to accumulate now...

Maybe its time to accumulate tenaga share?.. All the bad news are already out.... Whats left? The good news... Expect their next quarter result to be must better than before.. Guess that they have already try to stabalise their expenses which is the hike in coal and petrol prices... Next quareter result won't be worst than the previous.. Its already all time low... Lower than their 52weeks low..
my 2 cents, better to wait for actual results before buying it. It may have a deeper hole in their balance sheet due to using diesel to generate power instead of the gas (taken offline by petronas when they service their machinery)
Ya.. petronas did not want to supply them or subsidise more gas.. This is all government plan... So that they got excuse to increase the tariff... Tenaga will have to suffer now.. In longer term.. It will gain back to its normal result...
it will go back to normal as long as it has the monopoly as a power producer no doubt , it is riskier to throw money into it at the moment. better wait for a clearer picture.
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