Quote Originally Posted by King1212 View Post
Electricity is always going to be expensive nowadays. U see most of us will struggle without power. Whether recession or not or virus epidemic.... people still need power. Not to mention the dependant of electricity with our normal living activities....

So power bill will still need to be paid....
A good defensive stock to have for sure for a all weather portfolio. Although, I don't see how it will return any meaningful compound growth at the current valuation. I'm surprised this went up after a poor result, not sure how a stock maintains a price after seeing its FCF go down 17%, but the market is a kettle on the boil right now..