Thursday, September 27, 2012
Ryobi Kiso
Ryobi Kiso: has secured contracts worth ~$24m, bringing ytd order book to over $132m. Its recent contract awarded for foundation and geoservices works include:
- Downtown Line Stage 2 – Contracts 913, 915
- EC at Choa Chu Kang Drive
- HDB at Bedok N8C20
- Orchard MRT and Tangs Plaza upgrading of underground link
- RiverSails @ Upper Serangoon Crescent
- The Cristallo
- Westwood at Orchard Boulevard
- Cottesloe – lot 364 Marine Parade, Australia
- Esperance Port Access Corridor, Australia
The stock trades at 26 P/E, fwd 14.6x P/E.
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