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The volume chart already show strong support, so if the project pipeline delivers, this one confirm can fly high. Steady accumulation is happening right now and the long-term potential for this energy play is super solid.
Reservoir Link Energy Bhd has received two licences from the Energy Commission to ship natural gas and import liquefied natural gas (LNG) under Malaysia's third-party access framework, which liberalises the market and allows licensed companies to import, transport and sell natural gas.
Getting these licenses is a massive milestone that shows Reservoir Link is ready to dominate the liberalised gas market. This is definitely the start of something big for their growth, so steady steady keep holding for the upside.
That contract is definitely a solid game changer that will pump up their future revenue streams. Just hold steady because it is poised for some serious growth ahead.