20-12-2023, 09:13 AM
Depending on what O&G services and its market positioning/bargaining power, it takes a while for the effect of high oil prices to pass through the supply chain. This is no different to real estate if we are referring to building materials, home appliances, housing brokerage services, etc. Of course, in Malaysia, there is another dynamic from their supporting role to Petronas.
"Criticism is the fertilizer of learning." - Sir John Templeton