RHB Research keeps Buy call on Wah Seong

Corporate News
Wednesday, 25 Jun 2014
8:58 AM MYT

Related News

Corporate News 1d ago

Keyfield appoints Goh Yet Long as chief strategy officer

Corporate News 20h ago

MSM appoints Ab Aziz Ismail as new CFO

Corporate News 20h ago

Sarawak Cable's external auditor issues disclaimer of opinion on financial statements

KUALA LUMPUR: RHB Research is maintaining its Buy call on Wah Seong Corporation and fair value of RM2.25 as it expands its oil and gas value chain.

It said on Wednesday it viewed Wah Seong's proposed acquisition of a 49% stake in Alam-PE from CIMB PE Sdn Bhd as a strong sign that it is expanding its oil and gas value chain, aside from its indirect exposure to RSCs via associate Petra Energy.

Save 30% and win Bosch appliances! More Info

Monthly Plan

~~RM13.90/month~~
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

~~RM12.33/month~~
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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.

Topic:

Corporate News Analyst Reports Oil & Gas

Is this article useful?

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Others Also Read

Thailand37m ago

Why Thai authorities could not issue an earthquake warning

Badminton54m ago

Jimmy-Pei Jing reach final in first tournament in Vietnam

China1h ago

Chinese national rescue team leaves for earthquake-hit Myanmar

STARPICKS

Pfizer introduces two novel therapies to treat patients across the atopic dermatitis disease spectrum

Football1h ago

Soccer-'Happy' Iraola focused on Bournemouth amid Spurs talk

starplus1d ago

INTERACTIVE: Time for a term limit?

Nation1h ago

Man found dead in drain in Perak

Nation1h ago

DBKL to quiz officers over Jln TAR scuffle, says balloon vendor acted aggressively

Thailand1h ago

Life signs detected at collapsed Bangkok building as rescuers race to reach survivors

Nation1h ago

DBKL criticised over scuffle with balloon vendor on Jln TAR

Letters2h ago

Fostering unity and national harmony during Raya

Living2h ago

Heart And Soul: The Physics teacher who inspired us

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
PERMAJU	0.030	0.045	0.030	0.040	0.010	33.33	549,198
HSI-PWD1	0.190	0.210	0.180	0.195	0.000	0.00	532,470
HSI-PWD7	0.205	0.230	0.200	0.220	0.010	4.76	530,406
HSI-CWEO	0.155	0.155	0.135	0.135	-0.010	-6.90	510,830
SAPNRG	0.045	0.050	0.045	0.045	0.000	0.00	478,502
HI	1.270	1.330	1.200	1.330	0.110	9.02	401,830
HSI-CWCY	0.180	0.180	0.140	0.145	-0.025	-14.71	391,282
PERTAMA	0.110	0.130	0.105	0.115	0.005	4.55	386,360
HSI-CWEJ	0.180	0.180	0.150	0.150	-0.015	-9.09	384,772
NEXG	0.255	0.255	0.240	0.245	-0.010	-3.92	354,353
HSI-CWCM	0.170	0.175	0.120	0.130	-0.025	-16.13	293,024
HSI-PWFR	0.160	0.175	0.160	0.175	0.015	9.38	268,123
EDEN-WC	0.025	0.035	0.025	0.030	0.005	20.00	265,878
FOCUS	0.020	0.025	0.020	0.020	0.000	0.00	244,940
POS	0.250	0.290	0.250	0.255	0.000	0.00	237,255

RHB Research keeps Buy call on Wah Seong