SARAWAK ENERGY BERHAD (SARAWAK)

SARAWAK ENERGY has made its intention very clear to grow electricity generation in Sarawak to 30GWatt from less than 1GWatt currently. Even at present level, its profit has never been better. Moreover if it has generation capacity of 30GWatt.
Judging from the financial result, we can be sure that the result will only get better. For this FY, it has almost surpass last year's result.
While dividend also in on the rise, we can expect better dividend in the final quarter of this year and the coming years.
One BIG question remain is that the taker of the huge generation capacity. CMSB-RIO TINTO is one of them (completed only in 2010), also possibility in supplying to Kalimantan, Indonesia (even any industrial development evidence yet to be seen), Oil Palm clusters in Sabah, others are yet to be proven.
Here is the result.