AmInvest Research reiterated its buy recommendation on Sapura Energy with an unchanged fair value of 29 sen a share
KUALA LUMPUR: AmInvestment Research estimates Sapura Energy
group’s outstanding order book could increase by 10% to RM13bil based on the group’s bids of RM53bil currently.
In a research note on Thursday, the RM53bil would be 4.1 times its current order book. Additionally, the group is looking for prospective projects worth up to RM93bil.
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