Friday, September 30, 2011

Swiber

Swiber: Announced that it has secured a slew of contract wins amounting to approx US$69.0m including extension options. Highlights that order book is beyond US$1b, the highest by far in its corporate history. Co has current P/E of approx 5.0x compared to CH Offshore at 6.2x and Ezra at 10.1x.

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