(EnergyAsia, August 24, Friday) — An analyst has rated the share price of Malaysia’s Shell Refining as “fully valued” after the company posted “sterling” second quarter results.Shell’s share price closed at RM11.10 on August 23. (US$1=RM3.56).“We have raised our FY2007 earnings estimates by 55% to RM1.007, imputing higher gross refining margin (GRM) assumptions of US$5.50…

This article is for Subscriber members only.
Log In Register