Highlights
KLSE: TENAGA (5347)       TENAGA NASIONAL BHD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
12.90   0.00 (0.00%)  12.76 - 12.98  4,421,800
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Overview

Market Cap: 73,361 Million
NOSH: 5,687 Million
Avg Volume (4 weeks):2,859,688
4 Weeks Range:12.62 - 13.60
4 Weeks Price Volatility (%):
28.57%
52 Weeks Range:11.24 - 14.28
52 Weeks Price Volatility (%):
54.61%
Average Price Target: 14.15
Price Target Upside/Downside: +1.25

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  27-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  28-Feb-2020
T4Q P/E | EY: 19.61  |  5.10%
T4Q DY | Payout %: 4.11%  |  80.48%
T4Q NAPS | P/NAPS: 10.0904  |  1.28
T4Q NP Margin | ROE: 7.23%  |  6.52%

Headlines

Date Subject
16-Jan-2020 Tenaga Nasional - Still the dominant player
15-Jan-2020 CEO智胜未来
03-Jan-2020 Utilities - Regulated Prospects
31-Dec-2019 PublicInvest Research Headlines - 31 Dec 2019
31-Dec-2019 上升股:国家能源阻力RM13.82
28-Dec-2019 下跌股:国家能源RM13.14支撑
24-Dec-2019 Power Sector - Dividends to support share prices
18-Dec-2019 热门股:国家能源上挑RM13.38
16-Dec-2019 Tenaga Nasional - Effective lower tariff for non-domestic in 1H20
13-Dec-2019 国能获高庭批准暂缓追税
13-Dec-2019 PublicInvest Research Headlines - 13 Dec 2019
13-Dec-2019 Mplus Market Pulse - 13 Dec 2019
12-Dec-2019 下跌股:国家能源RM12.90支撑
12-Dec-2019 Strategy - 2020 Market Outlook
10-Dec-2019 电费冻涨·国能应声走低
09-Dec-2019 陈艳芳·大追税原因何在?
09-Dec-2019 Tenaga Nasional Berhad - Lower Fuel Cost, Lower ICPT Surcharge
09-Dec-2019 国能:家用电费维持·商用电附加费减0.55仙
09-Dec-2019 Tenaga Nasional Berhad - Lower ICPT Surcharge
05-Dec-2019 【视频】国家能源 超卖现吸纳良机

Business Background

Tenaga Nasional Bhd, or TNB, is the largest electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity. TNB segments its operations into a generation division, a transmission division, and a distribution division. The generation division encompasses the company’s portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers and the providing of consulting services. The company primarily generates revenue through the sale of electricity in West Malaysia. Its customers are mainly commercial operations, domestic consumers, and large industrial entities.
Analyze this stock with MQ Trader system

  12 people like this.
 
danielleesing In a Bursa Malaysia filing today, the national power company said operating expenses fell 8.99% to RM10.65 billion from RM11.7 billion previously.

Earnings per share rose to 21.15 sen from 8.83 sen as a result.
28/11/2019 11:07 AM
kinuxian Closed to 4 bil tax dispute.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6354773


Tenaga Nasional Berhad on 28 November 2019 received Notices of Additional Assessment for the years of assessment 2015, 2016 and 2017 amounting to RM1,429,900,636.50, RM1,245,538,590.94 and RM1,302,446,841.28 respectively. Based on the legal advice obtained from our tax solicitors, Tenaga Nasional Berhad has good basis to contend that there is no legal and factual basis for the Inland Revenue Board to issue the said notices. Accordingly, Tenaga Nasional Berhad will be appealing against the said notices.
28/11/2019 6:34 PM
PotentialGhost LGE 现在找国能开刀了。 可能淋棍英觉得马股还不够底要加把力 继续把 KLCI 30 推低到 1000点。
28/11/2019 7:54 PM
James Ng https://klse.i3investor.com/blogs/general/241441.jsp
[转贴] [Facebook live video:浅谈Tenaga nasional bhd (Tenaga)] - James的股票投资James Share Investing
28/11/2019 9:20 PM
Jeffreyteck Very good timing, report profit improvement then huge tax clawback. Well done. Est down $1.50 in ST.
29/11/2019 9:13 AM
kinuxian Not the first tax dispute, IRB and TNB kinda do this every few years once.

https://www.theedgemarkets.com/article/tnb-lhdn-settle-dispute
29/11/2019 10:16 AM
5354_ Many stocks drop since 509 not Tenaga. 12 RM can revisit?
29/11/2019 11:40 AM
5354_ Lower tariff better not pay more tax? Lower tariff many consumers happy.
29/11/2019 11:44 AM
kinuxian With all due respect... trying to propagate your political ideology here in such manner is countereffect. Better try something that fit your target audience.

Malaysia domestic electricity tariff is among lowest.
https://www.globalpetrolprices.com/Malaysia/electricity_prices/
29/11/2019 12:07 PM
PotentialGhost Yeah baby , KLCI 1564 point 5 year new low , thx pH government , kekeke
29/11/2019 2:57 PM
Shinnzaii Aiyo...hang seng dive...ganjiong edi...new low...hehe
29/11/2019 2:59 PM
PotentialGhost Hang Seng 5year low 18.5k today 26.3k , 42% return

Malaysian 5year low 1.56k today 1.56k . 0% return

Yeah baby Malaysia yeah baby PAKATAN HARAPAN
29/11/2019 3:04 PM
Shinnzaii Aiyo...this month new low...I tot MIDF said can 1900 by end of the year...hehe
29/11/2019 3:06 PM
Shinnzaii today friday...usually safety first...dont worry....hehe
29/11/2019 3:27 PM
prince4 US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in big cap and midcap stocks and will short selling mid cap stocks for make money so now no prospects cannot buy and hold .
http://www.bursamalaysia.com/misc/system/assets/28273/Directive-on-the-List-of-Approved-Securities-(with-effective-from-29Nov2019).pdf
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
29/11/2019 3:59 PM
prince4 US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in big cap and midcap stocks and will short selling mid cap stocks for make money so now no prospects cannot buy and hold .
http://www.bursamalaysia.com/misc/system/assets/28273/Directive-on-the-List-of-Approved-Securities-(with-effective-from-29Nov2019).pdf
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
29/11/2019 3:59 PM
e1zzz well done PH, desperate to increase gov revenue by taxing more indirectly spook investors
29/11/2019 5:51 PM
brucechun wait at 11.50 ?
29/11/2019 7:20 PM
Loh Kok Wai W wait to buy.......it's a chance !
29/11/2019 9:19 PM
freddiehero so interesting, dont wan pay tax ya?
01/12/2019 9:00 AM
freddiehero lets break 1.50
01/12/2019 9:02 AM
freddiehero klci where got 1900? ..
01/12/2019 9:04 AM
freddiehero for beight future klci should break 1200
01/12/2019 9:04 AM
Jeffreyteck Complicated tax laws benefited so call tax experts, lawyers and management but hurt investors. Target at least to drop another $1.

Note that a similar outstanding dispute for years of assessment of 2013 and 2014 of RM2.1bn is still currently pending for court hearing (Pb Invest)

Joke of this country legal system efficiency and effectiveness? From MPs debates and subjects debate, can see the kuliti ... oops, is kualiti. From the TV news, negative news are more common than positive development news. All these continue to support MYR to shoot rocket high from around 2.50 about 30 years ago to current level of 4.20.
01/12/2019 11:07 AM
yongch Waiting for tp10.0!!!!
02/12/2019 3:26 PM
dlau8899 https://www.chinapress.com.my/20191202/%e5%9b%bd%e8%83%bd%e5%86%b3%e5%ae%9a%e6%8f%90%e5%87%ba%e6%b3%95%e5%be%8b%e8%af%89%e8%ae%bc-%e6%8c%91%e6%88%98%e5%86%85%e9%99%86%e7%a8%8e%e6%94%b6%e5%b1%80/
03/12/2019 12:09 AM
dlau8899 Good to fight back lhdn. May rebound to 13.80
03/12/2019 12:10 AM
CUTLOST Need to drink tongkak ali first..and then Tenaga will come back
03/12/2019 6:41 PM
Trouble Huat year end sales coming. hehe
03/12/2019 11:48 PM
yangxi rebound now touch 13.50
04/12/2019 4:31 PM
RogerTan901111 huh so fast up..
04/12/2019 4:31 PM
davors risk taker can monitor TENAGA C60 and C65
06/12/2019 12:13 PM
BAIfund DETAILS OF THE TRANSACTIONS
2.1 Information on Tenaga
Tenaga is the largest electricity utility in Malaysia, with its core business of providing
electricity to the country’s business, homes, and industries. Its activities represent the entire
electricity production and supply value chain. Tenaga is listed on the Main Board of Bursa
Malaysia Securities Berhad.
2.2 Information on PNEPCB
PNEPCB is a printed circuit boards manufacturer in Malaysia. The group has a wide range
of products and customers spanning across the globe from Japan to the United States of
America and Europe. It currently has manufacturing facilities in both Malaysia and China to
support their local and overseas customers. PNEPCB is listed on the Main Board of Bursa
Securities.
2.3 Information on NetX
NetX is engaged in the provision of turnkey solutions on the network infrastructure and
security management, research and development of software, system design, integration
and installation and provision of information technology services.
2.4 Basis of Arriving at the Purchase and Disposal Consideration The Purchase Consideration and Disposal Consideration were based on the prevailing market price at the point of purchase and disposal respectively.
2.5 Funding and Utilisation of Proceeds
The Acquisition was funded entirely from the borrowings of the Company and the proceeds
from the Disposal was used to repay the borrowings.

2.6 Original Cost and Date of Investment
The date and the original cost of investment for the Tenaga shares disposed are as follows:
-
Date Cost of Investment (RM)
19 February 2019 1,172,721.14
14 May 2019 2,639,335.75
29 May 2019 6,415,889.80
2.7 Liabilities to be Assumed

There are no liabilities, including contingent liabilities and guarantees to be assumed by
FINTEC, arising from the Transactions.
3. RATIONALE AND PROSPECTS
The Acquisition is part of FINTEC’s decision to invest in quoted securities that have growth
prospects through collaboration or cross-selling of products and services between the Group’s
investee companies. Other than that, the Transactions is also part of FINTEC’s trading activity of
blue-chip counters that are fundamentally sound and have the prospect of generating short term
returns.
11/12/2019 9:38 AM
ahbah Tenaga ... down 18 sen today, door open for us to masuk at chip price ?
11/12/2019 8:25 PM
factslim1 Maintain HOLD on Tenaga with unchanged TP of RM13.50 based on DCFE valuation.
17/12/2019 1:41 PM
Trouble Huat window dressing come lo .
22/12/2019 10:04 PM
Trouble Huat seem more to come yo~
23/12/2019 10:39 PM
jiunn ONLY HALFWAY......MORE TO COME!!!


Buy Buy Buy!!!!
31/12/2019 9:18 AM
Trouble Huat No window dressing.. Bye
31/12/2019 1:56 PM
BillyK dressing down
31/12/2019 2:10 PM
Michael Yeo Afternoon go up?
31/12/2019 2:20 PM
Trouble Huat Under consortium instead per individual for ncfp
01/01/2020 11:20 AM
kong73 2020 happening for energy and utilities stock
06/01/2020 2:00 PM
winbigbursa Tenaga does not look good for 2020, best to clear now, esp the Cws, good luck..
06/01/2020 2:12 PM
charliecharlie Top up for 13.12... :)
07/01/2020 9:19 AM
Kawkaw 11.50
10/01/2020 8:45 PM
kinuxian RM is strengthen and good for TNB. However, foreign fund still avoid Malaysia stock market and go to better perform EM markets. Another test below 12 is coming?
14/01/2020 11:42 AM
kong73 Good good jatuh lagi. Overprice sekarang
14/01/2020 1:59 PM
CUTLOST Hope will stable above 13 soon
16/01/2020 11:27 PM
jiunn DUIT ANGPOW MARI LIAO!!!
17/01/2020 11:58 AM


 

382  346  555  684 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VC 0.105-0.015 
 SAPNRG 0.265-0.005 
 ALAM 0.165+0.01 
 HSI-C7J 0.145+0.01 
 PERDANA 0.495+0.065 
 GAMUDA-WE 0.40+0.055 
 DGB 0.1450.00 
 HSI-H8K 0.09-0.015 
 IBHD 0.26+0.005 
 ALAM-WA 0.065+0.005 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers