Narratives are currently in beta
Catalysts
- The company has become an established offshore rigs topside maintenance services provider with more than a decade long proven track record
- The struggle between PETRONAS and Petros has created a gap in the industry that needs to be fulfilled by companies with proven track record and financial strength
- The company has established itself with proven track record for aging oil and gas fields of which there are many in Malaysia
- The company has started to improve revenue and earnings contribution from large marine assets such as MOPU and a Jack-Up Rig
- The company has started and completed many energy transition initiatives such as carbon capture projects, conversion of energy sources to gas the less "dirty" type, etc
- Oil and gas industry has been inundated with bad news and failing peers that dragged the entire market with negativity
How well do narratives help inform your perspective?
Disclaimer
The user TOMS holds no position in KLSE:T7GLOBAL. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Read more narratives
There are no other narratives for this company.
View all narratives