Bumi Armada Leading the Charge
Kong Ho Meng, Senior Analyst, UOB Kay Hian
31-May-16 09:20
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The positive movement seen in oil prices may not necessarily mean a fundamental recovery to all O&G counters. A selective approach to pick asset-light companies and also avoid highly leveraged-ones is necessary. Kong Ho Meng, Senior Analyst at UOB Kay Hian shares why Bumi Armada is his top pick and outlook for the FPSO sector.
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Tags: Bumi Armada, Sapura Kencana, oil & gas, crude oil prices, FPSO, Market Watch