The deepening of the Miri seaport and the Baram River by the Sarawak State government is seen beneficial to the State marine sectors. SEALINK key operational units are located in Miri, Labuan and Singapore. In addition the targeted withdrawal of diesel subsidies only in Peninsular Malaysia {but not in the state of Sarawak or Sabah} is seen positive for the East Maaysia marine sector. Not a buy call just sharing my 2 sen worth of analysis
Yes. Abang Johari very far sighted. Initiated Sarawakians own airline { taking over Mas cargo}, own local banking group {Affin Bank} and local retail petroleum gas chain Petros { from Petronas}, not forgetting their own wealth fund
SEALINK is a turn around story with undemanding PE ratio of 15 times vs other competing companies betw 26 - 36 times. Latest qtr result showed positive growth and cash positive. With 20 years of business experience in the field of logistics, shipbuilding and OnG field. Expect more from this company. Not a buy call just my own personal take on their latest qtr result
Public Packaging holdings PE ratio of 5 times is low. Their main business segment consist of manufacturing & selling and retailing of corrugated cartons, packaging materials and other paper products. SEALINK business is in the marine logistics, ship building, chartering in the oil and gas sector. Peer comparison is one form's of self evaluation.
Tomorrow diesel price but it won't affect much those companies based on Sarawak and Sabah. Hope this will be a catalyst for SEALINK share price tomorrow.
Sabah and Sarawak diesel price still RM 2.15. Sarawak based company will are still enjoying subsidy and cost should be lower than those based on Penisular.
What do you think about the prospect of Osv? Key field and Sealink both also involve in Osv. The workboat ordered by Key field will be received in 2026. This mean the Osv should be able to go up further.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
45AMG
621 posts
Posted by 45AMG > 2024-05-10 14:35 | Report Abuse
hold