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

MIDF Amanah Investment Bank Bhd

MIDF Group is a financial services provider in three core business areas: investment banking, development finance and asset management. 

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External broker reports(aggregated public sources)

MIDF Group is a financial services provider in three core business areas: investment banking, development finance and asset management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

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