Wednesday, June 27, 2012

Dyna-Mac

Dyna-Mac: Secures 4 new fabrication orders for a provisional sum of $43.0m. 3 orders were signed with SBM Offshore, a leading operator of FPSOs for electrical facilities, a turrent equipment room and 5 topside modules. Another was signed with a new client Siemens for a gas turbine generator module. Co currently trades at 11.7x P/E compared to peer Technics O&G at approx 9.3x

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