Dialog has a history of adapting - look at their history and you will see what i mean. Green energy is not the only energy it will just give us another option of harnessinf energy from unconventional sources only
If you think about it Dialog's biggest profit contributor, their tank terminals, is not in O&G but in storage business, which could be divided into hazardous chemical products, flammable liquid fuel and low temperature & pressurised LNG.
Therefore, if the demand for storage and tank terminal service remain relevant, Dialog is not going out of business. As long as hazardous, flammable liquid be it chemical or fuel is being used, Dialog will be fine. If low temperature & pressurised gaseous chemical or fuel like Hydrogen is used, Dialog will be fine. Therefore, my POV is, if the form of chemical and fuel remains in liquid and gas state, Dialog can adapt.
Crude, distillates, hydrocarbons, petrochemicals, LPG, LNG, are important raw materials for manufacturing industry. It will not be replaced in next few decades. Storage is needed for crude and naphtha to feed the massive petroleum refinery run by Petronas & petrochemical plants complexes in Penggerang and storage are strongly in demand for traders and brokers to store their commodities stocks when prices are low and physical traders will hedge for future price hike. Both ways, Dialog tanks will be leased and generate substance income as long as the storage tanks are fully taken up by long term and spot rentals.
The Board of Directors pursuant to the Company's Constitution, recommends a final cash dividend of 2.40 sen per ordinary share in respect of the current financial year for approval of the shareholders at the forthcoming Annual General Meeting.
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....