TENAGA NASIONAL BHD

KLSE (MYR): TENAGA (5347)

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Last Price

8.78

Today's Change

-0.13 (1.46%)

Day's Change

8.67 - 8.93

Trading Volume

6,189,600

Overview

Market Cap

50,512 Million

NOSH

5,753 Million

Avg Volume (4 weeks)

2,789,731

4 Weeks Range

8.21 - 8.98

4 Weeks Price Volatility (%)

74.03%

52 Weeks Range

7.89 - 9.51

52 Weeks Price Volatility (%)

54.94%

Previous Close

8.78

Open

8.91

Bid

8.71 x 13,000

Ask

8.78 x 100,300

Day's Range

8.67 - 8.93

Trading Volume

6,189,600

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2022 [#3] | 23-Nov-2022

Next QR | Est. Ann. Date

31-Dec-2022 | 24-Feb-2023

T4Q P/E | EY

14.30 | 6.99%

T4Q DY | Payout %

4.30% | 61.56%

T4Q NAPS | P/NAPS

9.96 | 0.88

T4Q NP Margin | ROE

5.38% | 6.17%

Company Profile

Sector: UTILITIES

Sector: UTILITIES

Subsector: ELECTRICITY

Subsector: ELECTRICITY

Description:

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.

Discussions
17 people like this. Showing 50 of 12,020 comments

cwc1981

No Tenaga. Dropped 20 cents

2 weeks ago

kobaytanhl

The FBM KLCI bucked the regional trend in morning trade as it slid lower on profit-taking activities in blue-chips.

At 12.30pm, the key index was down 5.48 points to 1,436.64. There were 273 decliners compared with 391 gainers.

Trading volume was 1.5 billion shares valued at RM719.11mil.

Tenaga Nasional dropped 21 sen to RM8.29 to lead the decline while Maxis fell 11 sen to RM3.78 and Digi slid six sen to RM3.82.

2 weeks ago

KimSua

Shorts are at it again...0.11% back to 0.15 Net short position last few weeks. They say supposed to be good for an efficient market :) wean out the weak holders and prevent speculation :)

2 weeks ago

KimSua

https://www.malaymail.com/news/money/2022/10/20/ambank-sees-malaysias-exports-growing-24-25pc-in-2022-q3-gdp-growth-at-12-14pc/34660 - GDP Q3 expected to be 12-14 % compares to 8.9% in Q2. Expect TNB Qtrly to stellar with no special taxation and reduced receivables. See how low can the shorts call go.

2 weeks ago

Deekay

Thanks for heads up on the shorts, Kim Sua. Will be waiting on the sidelines to collect at shorted prices

2 weeks ago

TreeTopView

834k of shorts covered on Tuesday.......some Funds continue to use this as a plaything.

2 weeks ago

KimSua

Start to stablelize yesterday and today. I don't think will go below 8.25 with many positive economic news in malaysia. The dollar index seems to have reach its peak as well and the short calls will get risky unless we predict a very bad election outcome. Rafizi seems positive enough with his team of highly educated data scientist. Any way not my cup of tea.

2 weeks ago

yfchong

Poor babe after election lor... ada spice kah

1 week ago

KimSua

Coal price is dropping from high of 350/ton to low of 200 currently. USD has reached its peak. Q3 revenue above 2 bil + with PAT above 1 bil -1.4? If taxman is being kind. China to reopen soon. Receivables are reducing and Esg news continue to be positive. All all stars align we should see better days ahead .

1 week ago

cwc1981

Good

1 week ago

kobaytanhl

TNB will establish and grow initiatives in green hydrogen production and charging infrastructure for electric vehicles

1 week ago

kobaytanhl

NB will conduct feasibility studies to determine the best technology options to ensure that the expected cost of energy is competitive, said Baharin.

As TNB starts phasing out coal, and later gas, from its energy generation, consumers will enjoy greener energy consumption.

Modern technologies require investment in R&D; inevitably the average cost per unit generated will increase.

1 week ago

shareprofit

tarif up after GE, 30%

1 week ago

TreeTopView

A bit of a strange day for Tenaga yesterday. Decent buying of around 1.1 million shares in the closing auction, closing it up 18 cents. No new shorts yesterday.

An optimist could say it might be about to break out above 8.50.
A pessimist could say it's on its way back down to 8.20.

I'm saying nothing :)

1 week ago

Deekay

Yesterday's price up mainly at last minute auction.

1 week ago

TreeTopView

Hi Deekay, yes, that's what I said earlier this morning.

I also noticed it was down 12 cents in the first 15 minutes this morning....on 20k volume......lol

1 week ago

Deekay

It's been like that recently....low volume but big price fluctuations

1 week ago

TreeTopView

Two days in a row now where there has been no new shorts in Tenaga. It probably means nothing, but it is unusual for this counter.
The sun may rise in the west and set in the east tomorrow :)

1 week ago

KimSua

Let's hope for a stable govt come Monday.

1 week ago

VTrade

Tenaga akan beri discount lagi pada rakyat , lawan inflasi

1 week ago

RWG

zahid komidi will shut down all tnb station on saturday counting votes

1 week ago

KimSua

Daily last minute volume spike and yet no one is focusing on the Qtrly report due maybe on monday/tues. Should be a stellar report with >~2bil revenue and at least >1.2 Bil PAT. Having a progressive unity gomen will be a bonus. Good luck !

3 days ago

TreeTopView

Quarterly seems to be inline with consensus. The cream from the Net Profit is lost with the addition of the CM Tax of Rm414 Million.

2 days ago

KimSua

Hopefully no more CM Tax next year. Foreign exchange losses and CM Tax seems to be across the board for KLSE major companies.

2 days ago

kong73

22billion registered to receive in their books. That is a lot of cash to receive

2 days ago

TreeTopView

Hi Kim Sua, although I'm not a fan of theses "one off taxes", supposedly to help the Nation, I do accept it as long as it's a "one off". Although the company pays the tax it's actually coming out of the shareholders back pockets, by losing higher dividend benefits. Whichever group of politicians wins over Putrajaya it needs to come out with far more longer lasting initiatives than a CM Tax.

The cynic in me says that if the country had been run properly in the decades prior to Covid, it would have built a cash reserve for such events. Alas, way too much leakage and corruption meant that we, the shareholders of companies had to empty out our back pockets to "save the nation". I've done it once and don't want to do it again. Manage the country's finances a lot better!

Moving forward, I see no reason why Tenaga wont be able to deliver Rm1 Billion+ quarterly net profit figures consistently for next year and onwards.

2 days ago

TreeTopView

Not really related directly to Tenaga, well merely by default, but the market appears to be giving a clear sign that they prefer a Government led by PH and whichever components are added on. I'd say the market are using the BN statement about not aligning with PN as a positive. I trust and hope the collective Royals take consideration of this apparent indication.

Obviously not a surprise, considering the only other option available, imo.

2 days ago

JJPTR

wah like that every counter up because Anwar PM?
bull run in KL because anwar PM ke?

2 days ago

TreeTopView

My opinion......yes.

Not a bull run, more like a mild relief rally.

2 days ago

TreeTopView

Seems like common sense and logic has prevailed.

I'm much more contented than I was last night.

2 days ago

ElijahYH

Tenaga Nasional Bhd (TNB), which posted a net profit of RM888.9mil in the third quarter ended Sept 30, 2022 (3Q22), anticipates a reasonable performance this year with electricity demand rising by 7.2% year-on-year (y-o-y) in line with Malaysia’s economic growth.

“Taking into consideration the challenging business environment, the group anticipates a reasonable performance for 2022.

“Nevertheless, the group remains cautious and has taken prudent measures in terms of its operational and financial requirements to ensure it remains resilient,” TNB said in a filing with Bursa Malaysia yesterday.

2 days ago

ElijahYH

The power utility said challenges remained as the ongoing high fuel price environment continued to put pressure on the group receivables balances.

TNB revenue jump 47% year-on-year to RM19.07bil in the third quarter on higher under-recovery of Imbalance Cost Pass-Through (ICPT) of RM6.1bil as compared to RM1.3bil in 3Q21.

Revenue for the nine-month period, without cost recovery of the ICPT, increased by 6.6% to RM37.95bil from RM35.59bil, attributed to the increase in TNB sales of electricity in all sectors.

2 days ago

TreeTopView

A new dawn........or just a bit of sunshine? :)
https://www.youtube.com/watch?v=0zBoD_ojxFA

2 days ago

cwc1981

Anwar coming to rescue

2 days ago

kitchai2

Only going up from here

2 days ago

TreeTopView

What a day!
Market closes up 4% on news that Anwar is to be the new PM.

I wonder what it would have closed at is Moo was named the new PM.
I hate to think!

For the sake of the economy and the country, I hope PH refuse to let PN join the coalition.........and I will never change my position on that.
I'm not political but I absolutely deplore bigotry and racism............end of rant :)

2 days ago

Ken Chung

amazing run up 50 sen and stillsrong

2 days ago

cwc1981

Prime Minister coming to rescue. Yeah

2 days ago

DickyMe

Yeah! After spring cleaning.

2 days ago

Phoebe

Took the opportunity to reduce some position to balance the my cash & equity.

1 day ago

DickyMe

Anwar stepped on the brake by announcing vote of confidence on Dec 19.
Expect profit taking and wait n see approach.

1 day ago

TreeTopView

A Parliamentary vote of confidence will not be an issue.

Any Party reneging on the agreements would not only be a slap in the face to the King and Sultans but would be more akin to kicking them where the sun doesn't shine.

Today's current weakness is far more linked to some profit taking this morning after a very hot and exuberant market yesterday.

1 day ago

DickyMe

Emotional assumption aside.
I would like to digest profit taking as an excuse for today's lethargic movement.
But what is the real effect of negative vote of confidence? It's wise to adopt W&C approach.
I do not trust the Malay politicians word.

1 day ago

Phoebe

I believed Anwar will survive the vote of confidence. Especially if there TPM from BN and east Malaysia. Furthermore, GPS has said they leave it to Agong wisdom and hence his royal highness has requested them to work together. Anwar being PM doesn't immediately chance the world economy neither Malaysia economy. In fact, the ICPT review this Jan will be very interesting. If you increase the ICPT for domestic/ commercial and industrial, it will not goes well with consumer. If don't it doesn't bode well for Tenaga

1 day ago

TreeTopView

Phoebe, there are only two choices.
Either retain the subsidies or raise the tariff rates. Having a weakened Tenaga is of no use to the country or the government, especially with the cost of implementing a renewable energy source of power, which is a government initiative which they can't back down from.

The only possible third option is a combination of both, reducing the subsidies by a certain percentage and increasing the tariff to make up the shortfall.

IMO, of course.

1 day ago

prudentinvestor

I think the Dec 19 confidence vote would turn out to be a non issue. The motion would be easily defeated. Investors aren't worried about the vote. It is unimaginable that any party would vote against the PH led government that it is a party of. Happenings in other countries are unlikely to have any bearings on us.

1 day ago

Phoebe

The good news is MYR strengthen against USD. This will help in TNB borrowing, interest payment and lower cost of fuel purchase. The not so good news is its receivables increase dramatically. They are require to borrow more money to run the operation and hence need to pay more interest but you dun get any interest from the receivables.

16 hours ago

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