Government approve TNB to raise up tariff early than I expected. Last time, I expect is somewhere after the general election. You may refer to my early post: http://hongwei85.blogspot.com/2011/01/wow-stocks-maga-sales.html
Now government already confirm the electricity bill definitely will raise up, but now the question is:
How high can TNB stock price can go?
The last time government approve TNB to raise up tariff was march 2009, at that time, TNB share price was around RM 4.50, but after that it's share price will on climb up till RM 6.20 at august 2009, that is a 37% different. Will it be the same at this time? Let's see..
Now government already confirm the electricity bill definitely will raise up, but now the question is:
How high can TNB stock price can go?
The last time government approve TNB to raise up tariff was march 2009, at that time, TNB share price was around RM 4.50, but after that it's share price will on climb up till RM 6.20 at august 2009, that is a 37% different. Will it be the same at this time? Let's see..
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