Upon announcing the hike in petrol price, TENAGA surged RM 1.70

I believe it has potential to go up.

Today's RED is mainly due to weak US market last Friday and global sentiments.

Tenaga posts operating profit of RM942m for Q1

URL: http://biz.thestar.com.my/news/story.asp?f...27&sec=business

Forex loss dampens TNB quarterly results

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

TENAGA closed at 5.95 after dropped 1 cents. I thought TENAGA was in selling pressure.

Tenaga to benefit from review of gas prices, tariffs

URL: http://biz.thestar.com.my/news/story.asp?f...54&sec=business

Tenaga sure of profit this year despite Q3 loss

Tenaga Nasional Bhd (TNB) is confident of turning in a profit for the financial year ending Aug 31, 2011, despite the RM440.2 million net loss posted in the third quarter.

However, the utility giant would not surpass last year's performance, said President cum Chief Executive Officer, Datuk Seri Che Khalib Mohd Noh.

"We are quite confident of making profit for the whole year, but to say we will be repeating the result of last year, definitely not," he told reporters after TNB's Corporate Integrity Pledge launching ceremony here, today.

Read more: Tenaga sure of profit this year despite Q3 loss http://www.btimes.com.my/Current_News/BTIM...l#ixzz1TE6xJOA1