Wednesday, January 5, 2011

Why TENAGA slips?

TENAGA closed at RM6.67 today, down five sen and it was only five sen higher than their lowest after ex-bonus.

With market traded actively these few days, and why Tenaga still traded in red?

Investors are concerned about,

- the impact of rising coal prices
- chance of having tariff hike is getting slim

Is Tenaga attractive at current price? Huh, probably will buy some tomorrow......

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