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KUALA LUMPUR: CIMB Equities Research is retaining its hold recommendation for power giant Tenaga Nasional but at a lower target price of RM13.60 from RM14.60 as it may feel the impact of the regulatory period 2 (RP2) adjustments in the fourth quarter.
KUALA LUMPUR: Stocks to watch for on Monday include Mynews, Gamuda. Tan Chong Motor, YFG, VS Industry and Tenaga Nasional, said JF Apex research in its morning report.
KUALA LUMPUR: The government has, via a letter from the Energy Commission, given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the imbalance cost pass-through (ICPT) mechanism in the first half of next year.
PETALING JAYA: Tenaga Nasional Bhd’s (TNB) share price fell 3.1% to RM14.26 yesterday, following a lacklustre set of earnings for the third quarter.
KUALA LUMPUR: Tenaga Nasional’s 9M18 results were below expectations, says Maybank Investment Bank Research as it retained it Hold call with a lower target price of RM15.60 from RM16.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is giving value added services to meet rising customers’ expectations amidst technology disruptions and the need for efficiency in energy usage.
KUALA LUMPUR: Kenanga Research maintained its Outperform call on Petronas Gas Bhd as it expects the upcoming Third Party Access (TPA) framework to have a neutral impact to the group as it does not impact the public, directly given that it deals only with businesses.