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Valmec – Cheap given tailwinds

    Home Latest Research Valmec – Cheap given tailwinds
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    Valmec – Cheap given tailwinds

    By admin | Latest Research | 0 comment | 2 January, 2019 | 0

    Valmec Logo

    Heading into 2019 and the interim reporting season, we have reviewed our forecasts and valuation for Valmec. Despite heightened global concerns, we maintain a positive view on the tailwinds behind gas construction and operations services in Australia. As a result our forecasts and valuation of $0.42 are unchanged. On our numbers VMX is trading on undemanding forward multiples, suggesting considerable share price upside potential. BUY maintained.

    To access our Valmec report please log in under the Client Area Log In at the bottom of this page.

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