PublicInvest Research

Technical Buy - RL (0219)

PublicInvest
Publish date: Tue, 13 Feb 2024, 04:28 PM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

RL is an energy related services provider focusing in oil and gas (O&G) as well as renewable energy (RE) industry.

Fundamentals

The outlook for the O&G sector remains positive for upstream activities due to the repair and maintenance activities required to maintain the integrity of offshore facilities.

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