Yes, it looks like Tnb going to play a Major Role while Petronas recedes.
Petros (Owned by Abang Jo's Sarawak Govt) is taking away 30% of Petronas share of profits in Sarawak
As such Petronas will face a diminishing future
While Tnb is expanding its Vast Business Outreach like never before
For now we still fill out gas at petrol stations but in the future with growth of electric cars we will recharge battery at Charging Stations every where
So Petronas being a fuel supplier will decrease while Tnb"s Role as a Electricity provider will increase
In time past horse drawn carriages were made obsolete at the dawn of the Motor Car
So in the 5th Industrial Revolution Electric cars will replace fossil fuel car
Automatic Self Driving Cars will replace Human Driven cars
Robots will take over 40% of Human jobs eventually
Last time human hard labour is in use. In the future no more. Ai (Artificial Intelligence) will take over
So human energy will be replaced by electrical energy
One Ai needs the energy of many men combined
All these will cause Data Center to consume even more and more electricity like never before
So to prepare ahead Tnb must upgrade its Power Grid.
Tnb overtaking Petronas is not a far fetched dream
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
57,758 posts
Posted by calvintaneng > 1 month ago | Report Abuse
KULIM HIGH TECH PARK
https://www.youtube.com/watch?v=nnUy45GEHXs