Latest news with #DialogGroupBerhad
Daily Express
09-07-2025
- Business
- Daily Express
Sabah not ready to bid for major oil block yet: Masidi
Published on: Wednesday, July 09, 2025 Published on: Wed, Jul 09, 2025 By: Abbey Junior Text Size: State Finance Minister Datuk Seri Masidi Manjun said both SMJ Energy and Sabah International Petroleum (SIP) did not submit bids for the Mutiara Cluster production-sharing contract (PSC), which Petronas recently awarded to Peninsular Malaysia-based Dialog Group Berhad. Kota Kinabalu: Sabah's state-owned energy firms were not involved in the bidding for a lucrative oil block off the east coast because they still lack the expertise and capital needed to compete in large-scale exploration projects, the State Assembly was told. State Finance Minister Datuk Seri Masidi Manjun said both SMJ Energy and Sabah International Petroleum (SIP) did not submit bids for the Mutiara Cluster production-sharing contract (PSC), which Petronas recently awarded to Peninsular Malaysia-based Dialog Group Berhad. 'Exploration requires billions in capital. At this point, SIP and SMJ are not yet qualified to take on such bidding because we lack the technical expertise,' he said during the question-and-answer session. He was responding to a supplementary question from opposition leader Datuk Seri Mohd Shafie Apdal (Warisan-Senallang), who raised concerns about Sabah firms being sidelined in the management of its own oil and gas resources. 'This isn't about politics. It's about protecting what belongs to Sabah,' said Shafie. 'Why weren't SMJ or SIP even involved, when the block is right off our coast?' Masidi explained that the Mutiara Cluster contract was part of an international bid under the Malaysia Bid Round 2025, and it is still at the exploration stage. 'No oil has been extracted yet. But trust me — SMJ has its own involvement, which we will announce later,' he said. He also stressed that Sabah's role in the sector is protected under the Commercial Collaboration Agreement (CCA) signed with Petronas, which includes a joint committee to determine the extent of the State's participation. 'So far, there is nothing Petronas has given to Sarawak that it won't also give to Sabah,' he said. Masidi added that while Sarawak had a 100-year head-start in the oil and gas industry, Sabah was only now beginning to catch up. 'We are just starting out — we're crawling while they are already running,' he said. Despite Shafie's call for firmer policies to secure Sabah's natural resources, Masidi said the State Government believes in quiet but consistent action. 'We work quietly - and we see results. Others may talk, but have no outcomes,' he said. Earlier, Daily Express reported that Dialog Group Berhad, a Peninsular Malaysia-based company listed on Bursa Malaysia, was awarded a 14-year production-sharing contract by Petronas on June 13 for the Mutiara Cluster Small Field Asset through its wholly owned unit, Dialog Resources Sdn Bhd. The cluster comprises five marginal fields — Nymphe, Nymphe North, Kuda Terbang, Benrinnes and Mutiara Hitam — located in the Sandakan Basin. It marks the first time commercially viable oil and gas reserves have been confirmed off Sabah's east coast in the Sulu Sea, with first gas targeted before the first quarter of 2029. To accelerate the project, Dialog also signed a one-year, non-binding memorandum of understanding (MOU) with Petronas to explore cost reductions and fast-track production. The two parties will share technical data and collaborate on field development and abandonment plans. Founded in 1984 and led by Tan Sri Dr Ngau Boon Keat, Dialog has grown through partnerships with global technology providers. It is a constituent of the FTSE4Good Bursa Malaysia and FBM Mid 70 Index, with a market capitalisation of RM9.3 billion. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Yahoo
30-06-2025
- Business
- Yahoo
Dialog Group Berhad (KLSE:DIALOG) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Dialog Group Berhad's (KLSE:DIALOG) stock up by 3.3% over the past month. Given that the stock prices usually follow long-term business performance, we wonder if the company's mixed financials could have any adverse effect on its current price price movement Particularly, we will be paying attention to Dialog Group Berhad's ROE today. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Dialog Group Berhad is: 4.9% = RM303m ÷ RM6.2b (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. That means that for every MYR1 worth of shareholders' equity, the company generated MYR0.05 in profit. View our latest analysis for Dialog Group Berhad So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. It is quite clear that Dialog Group Berhad's ROE is rather low. Even when compared to the industry average of 13%, the ROE figure is pretty disappointing. Therefore, it might not be wrong to say that the five year net income decline of 6.3% seen by Dialog Group Berhad was possibly a result of it having a lower ROE. However, there could also be other factors causing the earnings to decline. For example, the business has allocated capital poorly, or that the company has a very high payout ratio. That being said, we compared Dialog Group Berhad's performance with the industry and were concerned when we found that while the company has shrunk its earnings, the industry has grown its earnings at a rate of 33% in the same 5-year period. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Dialog Group Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Looking at its three-year median payout ratio of 40% (or a retention ratio of 60%) which is pretty normal, Dialog Group Berhad's declining earnings is rather baffling as one would expect to see a fair bit of growth when a company is retaining a good portion of its profits. It looks like there might be some other reasons to explain the lack in that respect. For example, the business could be in decline. In addition, Dialog Group Berhad has been paying dividends over a period of at least ten years suggesting that keeping up dividend payments is way more important to the management even if it comes at the cost of business growth. Upon studying the latest analysts' consensus data, we found that the company is expected to keep paying out approximately 36% of its profits over the next three years. However, Dialog Group Berhad's ROE is predicted to rise to 6.0% despite there being no anticipated change in its payout ratio. On the whole, we feel that the performance shown by Dialog Group Berhad can be open to many interpretations. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Inicia sesión para acceder a tu portafolio
Yahoo
20-05-2025
- Business
- Yahoo
Dialog Group Berhad's (KLSE:DIALOG) Dividend Will Be Reduced To MYR0.013
Dialog Group Berhad (KLSE:DIALOG) is reducing its dividend to MYR0.013 on the 26th of Junewhich is 13% less than last year's comparable payment of MYR0.015. However, the dividend yield of 2.8% is still a decent boost to shareholder returns. We've discovered 2 warning signs about Dialog Group Berhad. View them for free. Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. The last payment made up 82% of earnings, but cash flows were much higher. This leaves plenty of cash for reinvestment into the business. Looking forward, earnings per share is forecast to rise by 75.4% over the next year. Under the assumption that the dividend will continue along recent trends, we think the payout ratio could be 48% which would be quite comfortable going to take the dividend forward. View our latest analysis for Dialog Group Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was MYR0.0165, compared to the most recent full-year payment of MYR0.043. This works out to be a compound annual growth rate (CAGR) of approximately 10% a year over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Dialog Group Berhad's EPS has fallen by approximately 14% per year during the past five years. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future. On the bright side, earnings are predicted to gain some ground over the next year, but until this turns into a pattern we wouldn't be feeling too comfortable. In summary, dividends being cut isn't ideal, however it can bring the payment into a more sustainable range. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. We would probably look elsewhere for an income investment. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Taking the debate a bit further, we've identified 2 warning signs for Dialog Group Berhad that investors need to be conscious of moving forward. Is Dialog Group Berhad not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
09-03-2025
- Business
- Yahoo
Here's What's Concerning About Dialog Group Berhad's (KLSE:DIALOG) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. In light of that, when we looked at Dialog Group Berhad (KLSE:DIALOG) and its ROCE trend, we weren't exactly thrilled. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Dialog Group Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.023 = RM174m ÷ (RM8.5b - RM1.1b) (Based on the trailing twelve months to December 2024). Thus, Dialog Group Berhad has an ROCE of 2.3%. In absolute terms, that's a low return and it also under-performs the Energy Services industry average of 12%. View our latest analysis for Dialog Group Berhad In the above chart we have measured Dialog Group Berhad's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Dialog Group Berhad for free. When we looked at the ROCE trend at Dialog Group Berhad, we didn't gain much confidence. Over the last five years, returns on capital have decreased to 2.3% from 9.1% five years ago. However it looks like Dialog Group Berhad might be reinvesting for long term growth because while capital employed has increased, the company's sales haven't changed much in the last 12 months. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. On a side note, Dialog Group Berhad has done well to pay down its current liabilities to 13% of total assets. That could partly explain why the ROCE has dropped. Effectively this means their suppliers or short-term creditors are funding less of the business, which reduces some elements of risk. Since the business is basically funding more of its operations with it's own money, you could argue this has made the business less efficient at generating ROCE. To conclude, we've found that Dialog Group Berhad is reinvesting in the business, but returns have been falling. Since the stock has declined 51% over the last five years, investors may not be too optimistic on this trend improving either. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. One more thing, we've spotted 2 warning signs facing Dialog Group Berhad that you might find interesting. While Dialog Group Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
14-02-2025
- Business
- Yahoo
Dialog Group Berhad Second Quarter 2025 Earnings: RM0.023 loss per share (vs RM0.026 profit in 2Q 2024)
Revenue: RM680.0m (down 21% from 2Q 2024). Net loss: RM129.5m (down by 187% from RM148.3m profit in 2Q 2024). RM0.023 loss per share (down from RM0.026 profit in 2Q 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Energy Services industry in Malaysia. Performance of the Malaysian Energy Services industry. The company's shares are down 17% from a week ago. Before we wrap up, we've discovered 2 warning signs for Dialog Group Berhad that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
