MC Chong's comment on KEYFIELD. All Comments

MC Chong
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If oil prices remain stable, earnings should stay solid, making keyfield a good long-term hold with further upside potential
Esther Gan
Actually, Keyfield benefits more when global oil demand goes up, rather than when oil prices rise
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Adrian Wui
You are spot on because their offshore support vessels are super high in demand when oil majors ramp up exploration to chase those global barrels. More activity means higher charter rates for their fleet regardless of the daily price fluctuations in the market.
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Like · 1 week · translate