For dividends yes but for stock growth no 🤦‍♀️ because as long as oil price is high and govt is cutting their subsidies to TNB expect the share the go downhill now

The only catalyst is that their renewables division GSparx is ramping up and targeting industries but you need to take a look at their bottomline before deciding

I expect to go down until low 8 and mostly like govt funds will start buying from there if they have any dry powder after Raya and state elections

Oil price hasn’t started to peak after this year cuts wait till June then you will know 🤦‍♀️ as airlines now calculating air surcharges for the summer season

ICPT will be start reducing particularly changing to targetted subsidies rather than the current widespread subsidies for households

You wait next month after the Cabinet meeting for that announcement come due in Mid May

This post has been edited by xander2k8: Apr 19 2023, 08:06 PM

Told you earlier already it will go up Mid May 👏

Should be up till 10.50 before profit taking happens