Detected going to be explosive oil and gas stock. The power should be more explosive than DAYANG soon or will be equivalent to it.
One thing special to this company is a cash rich company and good dividend policy. Why? Because good time or bad time the company still making profit. Now it already confirmed bottom out and working hard to making a explosive uptrend line.
Making an explosive uptrend line:
Every year making profit.
Dividend payout record:
DELEUM BERHAD, an investment holding company, provides a range of specialized equipment and services to the oil and gas, and general industries. It offers specialized equipment and services, such as sub-sea production development equipment, gas turbine packages, and umbilicals, as well as technical and engineering support services. The company also provides oil filed equipment and services, including wire line and wellhead equipment and related services, offshore drilling rig operations, gas turbine overhaul and maintenance services, supply of gas turbine parts, and other oilfield equipment and technical services, as well as offshore drillings rigs and related services. In addition, it offers oilfield chemicals and other services, which include development and provision of solid deposit removal solutions for enhancement of crude oil production, and specialty chemicals and services. The company was founded in 1976 and is based in Kuala Lumpur, Malaysia.
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