Thursday, September 27, 2012

Ryobi Kiso

Ryobi Kiso: has secured contracts worth ~$24m, bringing ytd order book to over $132m. Its recent contract awarded for foundation and geoservices works include: - Downtown Line Stage 2 – Contracts 913, 915 - EC at Choa Chu Kang Drive - HDB at Bedok N8C20 - Orchard MRT and Tangs Plaza upgrading of underground link - RiverSails @ Upper Serangoon Crescent - The Cristallo - Westwood at Orchard Boulevard - Cottesloe – lot 364 Marine Parade, Australia - Esperance Port Access Corridor, Australia The stock trades at 26 P/E, fwd 14.6x P/E.

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