AmResearch in a Nov 26 research report says: “Swiber has been awarded a maiden offshore construction contract worth US$77 million from an unnamed Myanmar oil and gas company. Award provides a 17% boost to Swiber’s net order book, which declined – by 14% q-o-q from US$509 million as at June 30, 2009 to US$440 million as at Sep 30, 2009.
Swiber Holdings rated buy
written by Editor on November 26th, 2009 |
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