Wednesday, May 25, 2011
Kreuz
Kreuz: DnB NOR reiterate Buy with $0.50 TP. Tip that new order gaining momentum and outlook on subsea tenders remains positive and is expected to improve for the rest of the yr. Potential order channels include Swiber's interest to tender for installation and IRM contracts located off Brunei and independent tenders made by Kreuz.
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