
GOOD PROFIT
DELEUM 5132
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
0.575 | 0.565 | -0.010 | 0.570 | 0.560 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
4,556 | 10 | 0.565 | 0.570 | 269 |
52 Weeks Range : 0.34 - 0.935
The Star –
Despite the weak outlook for the oil and gas industry, and its cost-cutting measures, Deleum Bhd is expected to maintain its dividend payout of 50% to shareholders. According to UOB Kay Hian, Deleum’s strong cash flow will support its dividend payment to shareholders and loan repayments to its creditors. Deleum’s strong cash balance of RM160mil year-to-date demonstrates that the company still has one of the strongest balance sheets in the industry. Deleum re-iterated that it has no plans to change its 50% dividend payout (its dividend policy) for 2020.
BURSA MALAYSIA –
The Group’s results fell to a loss of RM11.1 million against the profit of RM2.2 million recorded in the immediate preceding quarter affected by the non-recurring one-off impairments charges recorded by the Group on its corporate long-term other receivable and slickline operating assets in addition to the weaker performance from Oilfield Service segment.
BURSA MALAYSIA –
The Power and Machinery segment’s results decreased to RM6.4 million as compared to RM19.9 million recorded in the preceding quarter. This was affected by the lower contributions from valve and flow regulators services, lower supply of local field service representatives, weaker work orders on exchange engines and other ancillary services but offset by higher demand for turbine parts and repair and increase in contribution from retrofit projects.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 2.78 million. It was slightly low compared to average in listed companies, considering the employees’ remuneration of 132.9 million and auditor’s remuneration of 447 thousands
Investing Malaysia –
Average investing volume for Deleum Bhd in the past three months in stock market was 313.4k lots
Investing Malaysia –
DELEUM gets a score of 23.44 in our equity and assets quality test based on current share price of RM0.875
Investing Malaysia –
Deleum Bhd gets a score of 29.84 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5132 in Bursa Malaysia declared adjusted 4.59% dividend yield in past few years
Investing Malaysia –
DELEUM is estimated to have a profit consensus of 44.92 millions, with an adjusted market capitalization of 337.3 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 2.81 million. It was slightly low compared to average in listed companies, considering the employees’ remuneration of 114.5 million and auditor’s remuneration of 428 thousands