Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Propel Global Bhd is engaged in three business segments Oil & Gas, Technical Services and Others. It derives key revenue from the Technical Services segment which provides services in industrial, commercial, residential construction and office maintenance. The Oil & Gas segment is involved in the supply of specialty chemicals & catalysts, provision of heavy machineries & related manpower services, maintenance services for air conditioning & ventilation system, specialized oilfield services in pipe recovery, well intervention & diagnostic, sand management and production enhancement to the oil and gas industry. Other segment include Investment holding & business. Geographically it operates in Malaysia and Other countries, out of which the majority of its revenue is from the domestic market.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.
