Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Propel Global Bhd conducts its operations through three main business segments: Oil & Gas, Technical Services, and an 'Others' category. The Technical Services division is the primary revenue driver, offering support for industrial, commercial, and residential construction, alongside general office maintenance. In its Oil & Gas segment, the company provides specialty chemicals and catalysts, supplies heavy machinery with associated manpower, performs air conditioning and ventilation system maintenance, and delivers specialized oilfield services such as pipe recovery, well intervention and diagnostics, sand management, and production enhancement. The 'Others' segment includes investment holding and diverse business undertakings. While Propel Global operates in Malaysia and other international locations, the majority of its income is derived from the Malaysian domestic market.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.