Practice Makes Perfect
Sapura Crest - Award of Contract, Value RM99.5 Million
Chin Kok Tan
Publish date: Mon, 03 Oct 2011, 08:45 PM
Chin Kok Tan
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Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Great, an award of contract to Sapura Crest's 50% own associate company, with contract value RM99.5 million. Contract scopes would be covering engineer, construct, test and deliver one unit Platform Suppy Vessel, within 21 months period from the date of contract.
The contract is expected to contribute positively to the Sapura Crest group's earning and net assets for the current and future financial years.
CK>> Question here:
1) Will this award of contract announcement boost Sapura Crest's share price tomorrow? Erm... I doubt so, especially in this kind of poor and negative market sentiment.
2) Will the takeover price to Sapura Crest be uplifted upon the award of this contract? Let's wait and see, high possibilities here. Hehe...
Source: http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/CCE6D4CDF2E5BF354825791E003BAEAC?OpenDocument
The contract is expected to contribute positively to the Sapura Crest group's earning and net assets for the current and future financial years.
CK>> Question here:
1) Will this award of contract announcement boost Sapura Crest's share price tomorrow? Erm... I doubt so, especially in this kind of poor and negative market sentiment.
2) Will the takeover price to Sapura Crest be uplifted upon the award of this contract? Let's wait and see, high possibilities here. Hehe...
Source: http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/CCE6D4CDF2E5BF354825791E003BAEAC?OpenDocument
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