Limited downside seen in SapuraKencana, says Maybank IB Research


The Mumbai High South (MHS) project is speculated to require a new 12-slot well-head platform and two nine-slot platforms with clamped-on structures to be installed. The job also entails the laying of a total of 115.9km of subsea pipelines in 15 segments.

KUALA LUMPUR : Maybank IB Research said that the recent price correction in SapuraKencana Petroleum Bhd's (SapKen) shares could be a good opportunity for investors to accumulate and trade based on existing valuations and potential catalysts ahead.

 

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