Monday, July 2, 2012

Boustead

Boustead: Secured $20m approx in contracts globally. These involve the design, process engineering and construction of key large scale process systems and waste heat recovery units for downstream oil refineries and gas processing plants, and upstream offshore installations in Algeria, Bolivia, Canada, Hong Kong, Malaysia, Pakistan and Saudi Arabia. Co's order currently stands at $371.0m with P/E of 8.4x.

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