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hi. tenaga is now a falling knife but seems like it's hovering at a strong support. is it advisable to enter? even when the fundamental is not strong but it monopolize the market?
we cannot predict how much it will fall, it all depends on your on evaluation, is dividend yield at 4+% good for u? do u think the recent dip in earning is a one off event? is tenaga fundamentally good to produce more revenue in coming quarters? personally I bought at 12.8 before Dividend ex date
personally tnb is at a crossroad. downward trendline and support intersecting at 12.54 . breakout over 12.8 is bullish signal . break below is trend continuation. fundamentally tnb is a strong counter . as said by poon was this a one off dip in quarter result , new CEO impact ? we dont know time will tell but personally I'm in on tnb since 12. 94