The research house said Dialog can potentially benefit from the global oversupply of oil that will need to find storage space, possibly at its short-term independent terminal at Pengerang SPV1.
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Overweight rating on oil and gas but highlight risks from the free fall in crude oil prices.
“Dialog and Lotte Chemical Titan (LCT) are potential winners. Key potential losers are Velesto
, Petronas Dagangan and Sapura Energy. Yinson and Dialog remain our top sector picks, ” it said on Monday.
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