KUALA LUMPUR (Nov 29): Tenaga Nasional Bhd rose 3%, the biggest gain since Oct 27 compared with end-of-day price changes and more than 12 times the country's benchmark index.
The shares climbed to RM15.48 from RM14.98. Trading volume is more than the 30-day average of about 15 million for this time of day.
Additional key insights from Bloomberg include:
- Consensus three-year estimated EPS CAGR is 2.5% vs 24.8% average growth over past five years.
- Issuer Ratings with Positive Outlook: Fitch (Apr 28, 2017).
Tenaga Nasional trades at almost 13 times trailing 12-month earnings
Tenaga Nasional transmits, distributes, and sells electricity under licence issued by the Director General of Electricity Supply. Through its subsidiaries, the company manufactures, sells and repairs transformers and switchgears. Tenaga Nasional also provides project management and consultancy, engineering works and energy project development services.