External broker reports(aggregated public sources), MIDF Amanah Investment Bank Bhd

MIDF Amanah Investment Bank Bhd

External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>Initiate coverage on Deleum with BUY recommendation and a TP of RM0.96 per share</li><li>Deleum specialises in upstream O&amp;G services primarily in gas turbines, slicklines and well services, and corrosion solutions</li><li>Resilient orderbook at RM2b, tenderbook at RM116m. Positive earnings since FY07 despite CAGR at 7.4%</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Initiate coverage on Deleum with BUY recommendation and a TP of RM0.96 per shareDeleum specialises in upstream O&amp;G services primarily in gas turbines, slicklines and well services, and corrosion solutionsResilient orderbook at RM2b, tenderbook at RM116m. Positive earnings since FY07 despite CAGR at 7.4%Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Deleum Berhad - Healthy Performance Amid Adverse Sector

Malaysia

Deleum Bhd. is an investment holding company. The Company, through its subsidiaries, provides a wide range of products and services to the oil and gas industry, including gas turbine technical services, exploration and production equipment and services, gas turbine packages, specialized products and services and oilfield chemical and services

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Deleum Berhad (DLUM MK)

Deleum Berhad - Healthy Performance Amid Adverse Sector

Initiate coverage on Deleum with BUY recommendation and a TP of RM0.96 per share. Deleum specialises in upstream O&G services...

MIDF Amanah Investment Bank Bhd

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