M.J. Tham

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Joined Oct 2020

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Today is (31/12) last day, I didn't see any dividend announcement. Anyone know what is happening?
3 years · translate
In my opinion, Yes, Sentral's tenant consider short term to me as well (longest probably is around 202x year). But I had few questions in my head,
1) What kind of company like to move their office around?
2) If big tenant like DHL, Shell, HSBC move out, are they going to build a new building or look for another tenant ? (The fact is, rental is similar around KL area, unless there is an earning even the tenant move out including their machines, Computers, and other assets.)
3) I don't agree Oil & Gas will be obsolete immediately. Yes, Europe has EV policy for climate protection, but that is for Car. Oil & Gas are still a demand in Airplanes, electricity generation, and so on. Also, the biggest challenge in the EV industry is the long lasting of the battery fuel. They can build the Solar electric station like what we have on petrol. But Shell already has the property around Malaysia market, they can always convert their station or few petrol guns from petrol to Solar electricity energy.

My comment is, Shell could be narrow down their business size on petrol, but still has a chance to adapt the new solar electricity energy. At that moment, Shell probably have a big retrenchment, but also a big recruitment at the same time.

This is not a buy or sell call, is a discussion. My judgement could be wrong, and opening for answer.
4 years · translate
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