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BY Lee Hsien Loong
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/FyxofDEGeIex_TQe6Uqcvp7ShoVE1YTGqoK9AwRXhseVxy9jTwuhILmyy5Zno3c5ttnDkxKcICwK2SkPR2ICjUP-OarcpBjbOtPl939L43dPH3vYafCt_UZWjAQorXMsXJk16shzeWCVoSRqERHijsTRfDbZim4hbODbOv7GLRP-D50TFtnXAvBQW39Zo-PbBaemH8SmRCYyYFr05_Nbkxk122x8EWDyDnxyBp_7trh67rZzw1vz0Ll8Ha35bhCuwaVbKh0YID9C261ZBHWQuhohFvCmRVeh76edOsF5ylDx1g62mXCpLKzERjk4jKycTxwYSnjku9b_nzRWobGJ3w.jpg)
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tg-me.com/leehsienloong/791
BY Lee Hsien Loong
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
Lee Hsien Loong from sg