Friday, September 9, 2011

Tee Intl

Tee Intl: Wholly owned subsi and associates have been awarded five new projects, amounting to approx $6.4m. $600k is to its wholly-owned Trans Equatorial Engineering and remaining contracts are to 40% owned sub. Co now trades at 5.7x current P/E. Most recent results were positive with net profit up 52.2% yoy

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