Potential risks from normalisation of storage rates


PETALING JAYA: Oil-and-gas services firm Dialog Group Bhd could see some potential risks from the normalisation of storage rates, says UOB Kay Hian Research.

“After a strong 50% year-to-date outperformance due to expansion angles, we see limited near-term share price upside, given the potential risk in joint venture incomes (phase 1) from a high base,” it said in a report.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Dialog Group Bhd , oil storage , results

Next In Business News

Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Hong Kong shares fall after Lunar New Year break, tech drops
Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk

Others Also Read