KLSE (MYR): DELEUM (5132)
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Last Price
1.49
Today's Change
+0.05 (3.47%)
Day's Change
1.41 - 1.52
Trading Volume
662,200
Date | Open | High | Low | Close | Change | Volume |
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What happened when crude oil price keep going up?
Upstream O&G – pure upstream player Hibiscs is the first beneficiary in near term and share price already up more than 100%.
Downstream O&G – Hengyuan, PetronM and Petdag started to augur some profit as the rise of oil product spread price. Those share prices up 20 to 50% and need to take note that both Hengyuan and PetronM is pure downstream player.
O&G service provider – Dayang, Waseong, Penergy, Deleum, Uzma, Carimin and RL will be the last beneficiary with promising contract awarded from PETRONAS. Those share prices is on the move.
We are on the USD100++ Crude oil era which happened 10yrs ago couple with high inflation
2022-05-07 07:24
Since Deleum results Does not disappoint I will hold for another quarter.
Way better fundamental than other energy stocks like Uzma Penergy Carimin etc..
2022-06-01 07:15
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
Deleum Bhd
0.65 MYR
-0.26 (-28.57%)past 5 years
9 Jun, 5:00 pm MYT
In the short term, the market activity is like a voting machine, and in the long term, a weighing machine.
2022-06-09 21:02
Hmm what am I missing here? I originally was not bullish on Deleum due to its poor management. But then I saw that ipohwhitecoffee is bullish on Deleum. Maybe I need to do more research. However, to be fair, I would buy Coastal Contract and Hibiscus more than Deleum or Uzma
2022-06-12 15:18
A rewards for being patience. At 5% DY is a hold for me might as well since no difference for long term player
2022-08-24 15:40
Oh Yes! Deleum break new 52 weeks high of 0.83 before retracement.
Anyway short term correction anticipated but aim long term for bigger profits
2022-09-06 16:49
Deleum has been in a net cash position in the last six years — a rare attribute in the local upstream O&G space. At the q2 report - FY2022, its cash and bank balances stood at RM203 million against total borrowings of RM16.12 million. Year to date, Deleum’s share price had risen to 0.73 sen vs NTA 0.89 sen at the morning session.
2022-10-27 12:18
congratulations all shareholders. Deleum breaking 0.90 for the first time. Great Investment
2022-12-05 09:51
Deleum Bhd said Petroliam Nasional Bhd (Petronas) has lifted its suspension against the group's indirect subsidiary Deleum Technology Solutions Sdn Bhd (DTS)
2022-12-19 11:51
DTS which was formerly known as Deleum Primera Sdn Bhd received a letter from Petronas stating that the uplift was effective from Dec 12
2022-12-19 11:52
Value stocks such as Focus Point Holdings Bhd, Deleum Bhd and Malayan Flour Mills Bhd have done well for us, said Tradeview Capital Sdn Bhd portfolio manager Neoh Jia Man
2023-01-16 12:01
Deleum 90 cents
Support 87 cents
If breach 60 cents range
10/6/23 11.30pm
2023-06-10 23:30
86/87 is fundamental value, lower makes it a good buy. Likely will drift lower on overall weak sentiment. Base support at 72, if breaks this then it's in wilderness...
2023-06-11 17:39
Deleum 1.08
Can it retesting rm 1,then rebound.let see by 4-6 trading days time.
15/9/23 6.40pm
2023-09-15 18:38
The marine charter business has caused a lot of headaches for the Bursa oilfield services companies. This is best illustrated by the ROE of Dayang and Deleum. https://i.postimg.cc/Z5kNLQT1/Dayang-vs-Deleum.png
Both are in the topside maintenance services business. The different between them was that Dayang ventured into the marine charter business in the early part of the last decade
You can see that the returns for Dayang were badly affected in 2017 and 2021 by impairments due to poor vessel utilization. https://www.youtube.com/watch?v=quk378SFfCg
Moral of the story? The wrong strategic choice can cause great problems
2023-12-06 07:22
In 2023, the Bursa Malaysia energy index grew at 5.4 %. In contrast, the S&P 500 energy index contracted at 3.7 %. WTI crude oil prices contracted by 9.9 %
Of course the composition of the companies making up the indices for Bursa Malaysia are different from that for the S&P 500.
If you are hunting for oil and gas companies to invest in, doesn’t it makes sence to look at Bursa Malaysia counters. In this context, Deleum looks like a good candidate. https://www.youtube.com/watch?v=WVC1fVZzyaw
It did well when crude oil prices were high. But when oil prices were in the trough part of the cycle during 2015 to 2019, the company performance deteriorated. Its performance improved over the past 2 years due to the better crude oil prices. Over the cycle, the Group delivered average returns that were greater than its cost of funds. The Group is also financially sound
When you compare Deleum ROE trend with the share price trend, do you think that there is still an opportunity to go in? https://i.postimg.cc/KYPBhG5m/Deleum.png
2024-01-22 06:54
something is brewing ?? or in anticipation of a good quarterly result next week
2024-02-23 11:32
Despite a good set of result today correction. Could it be buy prior to Q result announcement and sell on news
2024-02-27 09:55
Deleum – market is pricing a collapse of crude oil price
As an oilfield services group, Deleum’s performance is closely tied to crude oil prices. It improved when oil prices were high, but deteriorated during low-price periods (2015-2019).
Recent years have seen a performance rebound due to better oil prices. Over the cycle, the Group delivered average returns that were greater than its cost of funds. The Group is also financially sound.
My valuation based on the performance over the cycle showed that there is more than a 30% margin of safety based on the market price of RM1.29.
Do you believe that crude oil prices will continue to be high or is due to collapse? I think the market is pricing Deluem anticipating a collapse in the crude oil price. Is this realistic?
For more insights refer to page 19 of INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol217-Invest-26Jul.pdf
2024-07-30 16:15
in the video she did mention that this stock price will be swayed by the crude oil price too. i see recently crude oil prices been coming down, that could be the reason for Deleum stock price coming down too :(
1 week ago
Oil price does affect this stock somewhat, but its all sentiment, business wise, they are petronas OPEX contractor, meaning they help maintain petronas assets, they'll do well as long as they get contract to help maintain the assets, stable business wont experience big boom during high oil price, but wont b affected as badly in low oil price
1 week ago
ipohwhitecoffee
Nice U-turn. We just chartered a new high.
2022-05-06 15:06