Official Opinion by Tuan Capital

STRAITS : ANOTHER BIG LEAGUE GEM?SABAH BUDGET A WIN?

tuancapital
Publish date: Wed, 13 Oct 2021, 02:31 PM

We currently waiting for Sabah to table their latest budget.

 

But how much it will affect Straits Energy Resources Berhad?

 

1) Allocation of logistic and infrastructure

 

2) Labuan - Sabah Bridge

 

Straits currently have strong footprints in Sabah especially Labuan. With core business operation in sabah ;

  • Port management
  • Logistic 
  • oil bunkering
  • vessel managment

This upcoming Sabah budget annoucement going to be critical moment for Straits and hopefully will be in our favor.

On my opinion, this is just some add ons or stepping stone in order to enter big league. Nevertheless with or without, Straits still hold strong fundamental.

 

be advised to trade at own risk. Above materials is based on our research.

 

big time home run

Tuan Capital

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