PETRONAS GAS
ANALYSTS like Petronas Gas for its steady and predictable cash flow, guaranteed minimum revenue, experienced and strong management team and attractive dividend yield. An analyst with a local stock broking house expects the group’s long-term earnings potential to come from an option to purchase a 20% stake in Gas Malaysia as well as the additional gas from Indonesia’s West Natuna field and the Malaysian-Thailand Joint Development Area project. He added that the 20% stake in Gas Malaysia could add RM12mil annually to Petronas Gas’ pre-tax profit.
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