Rakuten calls a buy on Straits Inter Logistics


PETALING JAYA: Rakuten Trade Sdn Bhd is calling licenced bunkering company Straits Inter Logistics Bhd its top pick for 2018 following five quarters of consecutive profits and potential new business expansions as the company looks to spread its wings this year.

Quietly too, the increased activity in the shipping sector and downstream oil and gas segment is automatically benefiting players like Straits as bunker players are part of that supply chain.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

EG Industries expands partnership wtih US-based R&D firm
FBM KLCI rises despite broader market decline
Malaysia's exports rise in 1Q to RM362.41bil
Malaysia's economy likely grew 3.9% y-o-y in Q1 - advance estimate
Oil prices surge 3% on reports of Israeli strikes on Iran
US bonds rally on reports of Middle East missile strike
Fed policymakers agree: there's no urgency to cut rates
Ringgit opens easier against US$ as Fed turns hawkish
Main Market-bound Keyfield to gain from AWB market upcycle
FBM KLCI continues rebound after two days of recovery

Others Also Read