Apr 26, 2010

Warrant Trading Idea - TANJONG-CA

The underlying company, Tanjong PLC will likely extend the PPA of its 1st generation IPP, Powertek, beyond 2016. Tenaga Nasional is also calling for tenders to build up 4,000MW of coal IPPs. Given Tanjong’s extensive experience in the IPP industry, we believe it is poised to secure another IPP. Another re-rating catalyst is securing a new lotto game at its gaming segment, Da Ma Cai, after Magnum secured the 4D Jackpot and Berjaya Sports Toto varied two of its lotto games in the last six month.


by ECMLibra