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why ppl is talking about tnb? i dont see any news or announcement
from what i know, this is because some of the IB reviewed and cut its capped price today, causing many ppl kena margin call
I can’t find any news from keyword searches, nor anything on their official website stating that the TNB project has been cancelled. I only found some analysis from investment banks saying that 38% of their revenue was one-off income, which is not recurring this year, so they cut TP and capped price, many ppl kena margin call
hehehehe, it doesnt matter, I dont own a single share of it, im just curious about what happened and here to watch the show with popcorn
my first principle of investing: never buy a company that has never paid dividends