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TOMS
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T7 Global Berhad
TO
TOMS
Community Contributor
Hidden Gem in Industry with Negative News from Peers
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
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RM 0.83
FV
66.3% undervalued
intrinsic discount
9.00%
Revenue growth p.a.
Set Fair Value
0
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5 months ago
author updated this narrative