Oakwell Engineering: Co. has been trying to get investor’s attentions, by holding Co. and plant visits together with IRs to entice investor’s awareness.
Currently engaging in the distribution of engineering products and design & fabrication of engineering systems, grp’s next catalyst appears to come from its recent venture into ‘shipbuilding and repair’, with mgt optimistically guiding for rev contribution from this segment to overtake core distribution business in the near future. Ex-cash, Oakwell trades at 8.5x FY10 P/E and 0.6x FY10 P/B which compares favourably with its 5-year historical average of 36x P/E and 0.97x P/B.
http://keliveweb/stocks/Oakwell Engineering/Oakwell - Plant Visit.pdf
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