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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment