Tuesday, July 3, 2012

United Engrs

United Engrs: awarded 3 environmental engrg contracts worth over $70m. Breakdown as follows, i) proposed expansion to Digesters and Effluent Pumping Station at Changi Water Reclamation Plant (CWRP) valued at $27.6m, ii) proposed Membrane Plant at CWRP valued at $28.7m, and iii) waste-to-energy project at a poultry farm in Spore valued at US$11m. The stock trades at 2.5x P/E, 0.5x P/B.

No comments:

Post a Comment