Technics O&G: repeat orders worth $5.6m from a Chinese customer involving Contract Engineering for the manufacture and supply of Well Testing Eqpt.
Ytd, the co has won 6 contracts totaling $92.3m, signaling continued order momentum. Of note were two Russian contracts, the first coming from that country. These were for the contract engineering of O&G Process Equipment and provision of equipment for the modification of a Jack-Up Rig...
Stock trades at 7.7X P/E. SIAS has a Buy on stock with TP $1.30.
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