from pbbank IB: RM3.5bn orderbook and RM5bn tenderbook. hehe... can limit up how many times?
Sanguine on 2H2023. We gather that the revenue recognition is now stable and hovering at around RM600-800m a quarter on the back of its strong orderbook of RM3.5bn. Some key projects are expected to go into full swing in 2H2023. Management remains confident on its near- to medium-term outlook given the strong tenderbook of RM5bn comprising its pipe coating segment (i.e NFPS Qatar) and engineering segment (related to several e-houses and MOPU or FPSO), which will be awarded in 2H2023. Gross margins remain healthy at double digits.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Why2TellMeWhy
992 posts
Posted by Why2TellMeWhy > 2023-06-16 16:08 | Report Abuse
next week kasi limit up