Saturday, February 11, 2012

PETGAS - A Monopoly Gas Distributor in Malaysia

"The reason is simple: We stick with high quality, time tested, dividend producing and well established businesses that can not be put out of business by some new technology. One of our quality holdings is Petronas Gas. They have cash on the balance sheet, pay dividends and have a monopoly on natural gas, a necessity of life product."
- Bill Wetermine

I personally feel that this is a dividend, moderate growth stock, which is good for those looking for steady and low volatility share. The risk level is low for this share and very sustainable business model.

1 comment:

  1. A monopoly is bad for consumers but great for share holders.