Monday, February 4, 2013

Jason Parquet

Jason Parquet: Counter up 4.1% today. Company awarded several new contracts, total worth approximately $8m. Sizable considering its market cap. is $26.5m. Company awarded contract for supply and installation of timber flooring for the following developments- 1) Archipelago, worth $2.1m; 2) D'Leedon, worth $3.8m; 3) East Village, worth approximately $0.2m; 4) Tomlinson heights, approximately $1.2m; 5) The Springside, approximately $0.7m; All contracts are slated for completion in 2014, with a portion of the above contracts slated to positively affect financial performance for FY13. Company trading at 8.2x P/E. Earnings estimated to be out 15 Feb 2013.

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