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Results improving from 0.24 to 0.46 Eps per Qtr. TNB has 30 billion allocated for it's 500 KV Substation under it's NETR road map. Lots of Investors bought at much higher price of 40 cents above and holding for 2.5 yrs. Transgrid. tendering for TNB tender and this will cause price to go up.
With EPS doubling to 0.46 and the massive RM30 billion TNB substation rollout under NETR providing a clear multi-year tailwind, Hextar Capital looks like a classic value play that is finally breaking out of its long consolidation phase to reward the patient holders trapped at the 40-cent level.
