http://biz.thestar.com.my/news/story.asp?f...18&sec=business

<< Forex loss dampens TNB quarterly results

It posts operating profit of RM942mil for first quarter

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) reported RM942.4mil in operating profit for its first quarter ended Nov 30 but after accounting for a foreign exchange (forex) loss of RM1.439bil, it ended up with a net loss of RM944.1mil for the period.>>
DannyOP,

Every time that BNM lower the BLR, RM will go down versus foreign currency.  Then, you will have GLC like TNB with HUGE Foreign currency debt suffer huge FOREX loss.  So, how long do you think that GLC can handle that??

TNB had a FOREX loss of RM1.439 billions in ONE QUARTER.  Now, after the recent BNM's lowering of BLR, how much do you think that TNB will lose in the next quarter.

So, I will not be so confident that BLR will not go up in the next 2 to 3 years.

Dreamer