April 10, 2015

April 9, 2015

Well within expectations

Stock Name: LPI
Company Name: LPI CAPITAL BHD
Research House: MIDFPrice Call: HOLDTarget Price: 13.18



April 7, 2015

Associated risks cap potential upside

Stock Name: PETDAG
Company Name: PETRONAS DAGANGAN BHD
Research House: MIDFPrice Call: HOLDTarget Price: 17.47



Addressing concerns on XL and Celcom

Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: ALLIANCEPrice Call: HOLDTarget Price: 0.00



TNB shares up on increased demand for electricity

Stock Name: TENAGA
Company Name: TENAGA NASIONAL BHD
Research House: Affin Hwang CapitalPrice Call: BUYTarget Price: 17.50



KUALA LUMPUR: Tenaga Nasional Bhd (TNB) shares on Bursa Malaysia rose this morning on news of an expected increase in electricity demand, moving forward.

As at 10.01 am, the counter rose eight sen to RM14.40 with 1.03 million shares changing hands.

AffinHwang Investment Bank said there could be a positive surprise in TNB's second quarter earnings, primarily due to a favourable fuel mix due to good hydro power output.

"We believe electricity demand growth could yet pick up while earnings visibility should remain strong," it said in a research note today.

The investment bank has maintained its 'buy' call on TNB with an unchanged target price of RM17.50.

- Bernama