Civmec - Maybank Research 2024-07-02: Secures AUD174m Of Contracts; Retain BUY

Civmec - Secures AUD174m Of Contracts; Retain BUY

Published:
Civmec (SGX:P9D) | SGinvestors.ioCivmec (SGX:P9D)
  • We maintain our EPS forecasts and Civmec's target price of S$1.05, still based on a target 10x FY25E P/E. At current Civmec share price, we think dividend yield of 6.5% is still attractive. Maintain BUY.

Order book boost

  • - Read this at SGinvestors.io -

Clinches another job for a new shiploader

  • Civmec was awarded a major contract for the supply, manufacture and offsite assembly of a shiploader for the Dalrymple Bay Terminal in Queensland, Australia.
  • - Read this at SGinvestors.io -

Maintenance a new growth catalyst

  • Read more at SGinvestors.io.




Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.




Eric Ong Maybank Research | https://www.maybank-ke.com.sg/ 2024-07-02



Read also Maybank's most recent report:
2024-08-30 Civmec - Strong Execution; 2HFY24 Results In Line.

Price targets by other brokers at Civmec Target Prices.

Listing of research reports at Civmec Analyst Reports.

Relevant links:
Civmec Share Price History,
Civmec Announcements,
Civmec Dividends & Corporate Actions,
Civmec News Articles





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