With the announcement by PM of the tariff hike, Tenaga's share has again came to the spotlight.
Tenaga's share gained 4.29% to be closed at RM7.30. This is the highest price for a month time. Tenaga's share price crushed when the coal price was soaring and speculation of the gas price hike. Now that the gas price hike came with a small goodie for TNB, investors started to pick up the shares.
TNB has also embarked on few overseas project which potentially be contributing to TNB's balance sheet. For me, its a BUY for TNB.
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