Deleum’s prospects seen to be improving


In its latest report, AmInvest Research described the group as “a grossly undervalued oil and gas cash generator”. The research house, which is initiating a coverage on Deleum, has maintained a “buy” call on the stock

PETALING JAYA: Deleum Bhd’s business prospects are expected to improve moving forward, says AmInvestment Bank Research.

Over the years, the group’s business venture has progressed from merely an agent of equipment and services providers to joint ventures, partnerships and self-operated operations.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Deleum Bhd , prospects , buy , stocks ,

   

Next In Business News

TNB: Meeting on probe over July 27 power outage has started
Wall St set for higher open after selloff on jobs data
BAssets disposes 0.44% equity interest in BCorp for RM5.64mil
Hextar to acquire entire stake in HFL for RM480mil to expand fertiliser business
Hong Leong Bank chairman weighs options for stake in bank - sources
LSH Capital diversifies into construction business
Yinson partners GoCar for EV charging
Ringgit ends easier against US dollar
Southern Cable proposes 1-for-2 bonus issue of warrants
Tengku Zafrul: Govt committed to strengthen budget 2023 preparation process

Others Also Read