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Valmec (VMX) – Opportunity

    Home Latest Research Valmec (VMX) – Opportunity
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    Valmec (VMX) – Opportunity

    By admin | Latest Research | 0 comment | 29 August, 2018 | 0

    Valmec Logo

    The negative reaction to the underlying EBITDA result of $4.9m (reported $7.5m) provides an opportunity for investors looking to gain exposure to the improving environment in gas and related infrastructure services sectors. We see VMX trading on undemanding forward multiples after having built more conservatism into our forecasts.

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