ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

GR Engineering (GNG) – Start Aligning

    Home Latest Research GR Engineering (GNG) – Start Aligning
    NextPrevious

    GR Engineering (GNG) – Start Aligning

    By Wendy McEvoy | Latest Research | 0 comment | 30 July, 2020 | 0

    GNG has announced ~$170m in new work over the last six weeks, significantly boosting the order book and FY21 work in hand.  Assuming no project timing/financing issues our revised $310m revenue forecast for FY21 is more than 90% underpinned we believe.  Further, there are other potential awards that could add to FY21 as well as start to fill the FY22 order book.  BUY maintained on strong visibility and a $1.20 valuation (prior $1.10).

    To access the full report please log in under the Client Area at the bottom of this page. 

    Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.

    If you would like to access our research please contact us to create an account.

    No tags.

    Related Posts

    • New Research – Centaurus Metals (CTM) – A Cat Amongst The Pigeons

      By Wendy McEvoy | 0 comment

      In this report we complete a deep comparative analysis of Centaurus Metals’ Jaguar Nickel Sulphide Project with several high-profile advanced stage Pressure Oxidation developments held by ASX listed entities. Our evaluation includes side-by-side comparisons basedRead more

    • Peet (PPC) – Property Push And Pull

      By Wendy McEvoy | 0 comment

      Macro factors are pulling the property market in different directions, creating uncertainty. But a low-cost, well-positioned landbank of 37k lots (>70% of which are in production) provides reason to remain positive on the longer-term valueRead more

    • K2Fly (K2F) – Addressing A Need

      By Wendy McEvoy | 0 comment

      It is not difficult predicting an increasing focus on the ESG issues which K2F’s solutions uniquely address, even if earnings and cash flow during the Company’s early growth phase are harder to forecast. The currentRead more

    • Macmahon (MAH) – Busy Few Months

      By Wendy McEvoy | 0 comment

      We recap recent contract wins and discuss the issues at Warrawoona. Current challenges at some other client sites are balanced by a strong gold price environment. We maintain a BUY call given MAH’s guidance trackRead more

    • Northern Star Resources (NST) – Wet Sail Finish To FY23

      By Wendy McEvoy | 0 comment

      Expecting June 2023 quarter results to drive the shares up further in a strong market. To hold the gains more consistent cash flow margins, and/or corporate action are likely required. To access the full reportRead more

    NextPrevious

    Recent Posts

    • 30/05/2023 – Morning Note
    • New Research – Centaurus Metals (CTM) – A Cat Amongst The Pigeons
    • 29/05/2023 – Morning Notes
    • Peet (PPC) – Property Push And Pull
    • 26/05/2023 – Morning Note

    Archives

    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital