With a more favourable environment, PETRONAS DAGANGAN improves to Slightly Positive
PETRONAS DAGANGAN (MY), a company active in the Oil Equipment & Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date February 15, 2022, the closing price was MYR 21.00 and its potential was estimated at MYR 22.05.PETRONAS Dagangan is a provider of petroleum products. Through its subsidiaries, Co. is engaged in the: Operation of aviation fuelling at Kuala Lumpur International Airport; and Marketing and distribution of lubricants. Through its associates, Co. is engaged in operating, managing and maintaining the joint facilities-terminal, depot, and warehouse. Co.'s reportable segments include: Retail, which consist of sales and purchase of petroleum products to the retail sector; Commercial, which consist of sales and purchase of petroleum products to the commercial sector; and Other, which comprise of aviation fuelling services and business activities other than in retail and commercial segment.
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