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ai DC is only one of the catalyst and booster...other factors like higher population in JB be it sez or more northern Malaysian migrate to southern side for bk and forth sg and Malaysia boosting consumption...others manufacturing also contributed to the revenue
economic are bad for low income earners, thus more and more going sg to earn 3x income and most spend in JB, this means more water consumption, be it residential and commercial (FNB, higher rate). and resulting to high revenue and profits as well...Ranhill is the one that provides water supply for Johor, so it's not a hard analysis for the prospect of the company in future
it will definitely hit Rm 3.0 one day, just matter of time...if u are patient enough, keep buying in every month I get salary, long run perhaps 3.5 to RM 4 +/- 2.5%...