Tenaga Nasional (TNB) Earnings Jump: Electricity Sales Revenue Surges 18% in 2Q to 16.29B Ringgit

Tenaga Nasional on Smartkarma

Analysts on Smartkarma, such as Sumeet Singh, are covering Tenaga Nasional, a company of interest to investors. In his report titled “Tenaga Nasional Placement – Has Sold Before but past Deals Haven’t Done Much,” Singh discusses Khazanah’s plan to raise up to US$300m by selling 1.5% of Tenaga Nasional. Highlighting that Khazanah has previously conducted similar sell-downs, Singh delves into the deal dynamics, providing insights on the potential impact of this transaction on Tenaga Nasional’s stock.

By leveraging the independent research network of Smartkarma, investors can access valuable information from top analysts like Sumeet Singh. This analysis sheds light on the nuances of the proposed transaction, offering a bullish perspective on Tenaga Nasional‘s future prospects. With a focus on the past performance of such deals and the current market dynamics, Singh’s report provides a comprehensive evaluation that can aid investors in making informed decisions regarding their investment in Tenaga Nasional.

A look at Tenaga Nasional Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assessed Tenaga Nasional Berhad’s long-term outlook using Smart Scores, a 1-5 rating system. The company has received a score of 3 for Value, indicating a moderate valuation compared to its peers. In terms of Dividend and Growth, Tenaga Nasional scored a solid 4, suggesting strong potential for dividends and growth in the future. The company also received a score of 3 for Resilience, reflecting its ability to weather economic uncertainties. Furthermore, with a Momentum score of 4, Tenaga Nasional shows promising signs of positive performance trends.

Tenaga Nasional Berhad, a key player in the energy sector, engages in the transmission, distribution, and sale of electricity. Additionally, the company’s subsidiaries are involved in the manufacturing, sales, and maintenance of transformers and switchgears. Tenaga Nasional also offers a range of services including project management, consultancy, engineering works, and energy project development. Overall, with its favorable Smart Scores in Dividend, Growth, Resilience, and Momentum, Tenaga Nasional appears to be well-positioned for sustained progress in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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