(EnergyAsia, July 16 200, Friday) — The stock price of Malaysia’s largest power generation company, Tenaga Nasional Berhad, has been rated a ‘sell’ by MayBank’s analyst Teh Chi-Chang. Citing the pressure on power margins caused by rising coal prices and operating expenses, Mr Teh assessed Tenaga’s target share price on the Malaysian stock exchange…
MALAYSIA: MayBank holds Tenaga stock a ‘sell’ as rising coal prices crimp power margins
Posted on July 15, 2010 by EnergyAsia