Posted by hng33 > 2023-08-30 12:25 | Report Abuse

sold at 92.5sen

Posted by UnicornP > 2023-09-13 19:01 | Report Abuse

Very good prospect apparently.

Posted by Save > 2023-09-13 22:33 | Report Abuse

Ya. Hng33 sold too early. 1.33 this December if US markat isn't crash

Posted by Michael Kwok > 2023-09-15 18:38 | Report Abuse

Deleum 1.08
Can it retesting rm 1,then rebound.let see by 4-6 trading days time.
15/9/23 6.40pm

Posted by Save > 2023-09-18 17:18 | Report Abuse

Tested previous height @1.04 today and rebound tomorrow?

Posted by TIBORZABAN > 2023-09-19 11:34 | Report Abuse

😎🧐🧐🧐

Posted by Dehcomic01 > 2023-12-06 07:22 | Report Abuse

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

Posted by Dehcomic01 > 2024-01-22 06:54 | Report Abuse

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

Posted by GL2004 > 2024-02-23 09:19 | Report Abuse

TIME TO GO LOR.......

Posted by sengtan > 2024-02-23 11:32 | Report Abuse

something is brewing ?? or in anticipation of a good quarterly result next week

Posted by sengtan > 2024-02-27 09:55 | Report Abuse

Despite a good set of result today correction. Could it be buy prior to Q result announcement and sell on news

Posted by thesteward > 2024-05-02 16:11 | Report Abuse

Spiking tomorrow or next week . Fingers crossed

Posted by rbzhg1226 > 2024-05-20 10:32 | Report Abuse

🤔🤔

Posted by DreamGuardian > 2024-06-10 17:47 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/10/deleum039s-indirect-subsidiary-bags-rm105mil-petronas-contract

Posted by ZoeZoe > 2 months ago | Report Abuse

is 1.30 a good entry price for Deluem?

Posted by Dehcomic01 > 2 months ago | Report Abuse

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

Posted by Mrhunter88 > 1 month ago | Report Abuse

will move higher more soon....gogogo...

Posted by katara > 3 weeks ago | Report Abuse

buy deleum n penergy..