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Ok... Understand that it penetrate into business IoT... So also now meet the demand of tnb to invest in smart grid.... But for business IoT, how its revenue determined? Seem like revenue not much.... Just the business venture is benefit to the trend of digitalise
Is normal share price up down, it is short term due to profit taking action or swith to another counter, but as long as what government will do on sugar industry, and what company has planned to do for its business direction will determine its next level of revenue, like start planting cane at sarawak, explore markets outside malaysia etc
Why run hahaha it is israel fight back, and Iran will definitely take action on Saturday and sunday, so today market take profit and possible gap down open price for most of shares on Monday 22 Apr 2024
Also sarawak infrastructures upgrade too, whole world is need to upgrades grid so that renewable energy can be connected and storage. World is towards zero carbon.
Why give tp 60sen? Look at the industry demand, with target to achieve 70% solar energy, and tnb need and already in plan for 450billion capex to upgrade grid too for renewable energy trend that targeted by 2050 year. Also this is to prepare for data center more in malaysia and so to on trend AI tech era. Because AI need more data center, and data center consume a lot more electricity, so with renewable energy to be targeted to achieve by year 2050 in order to have ample electricity for supply,
