Sanli Environmental to secure new & larger contracts moving forward, says SAC Advisors
Michelle Zhu • • 2 min read
SINGAPORE (Jan 11): SAC Advisors is maintaining its “buy” call on Sanli Environmental with a target price of 36 cents to represent 15.9 times FY18E P/E – a valuation deemed fair given the group’s resilient and recession-proof business model, in SA
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SINGAPORE (Jan 11): SAC Advisors is maintaining its “buy” call on Sanli Environmental with a target price of 36 cents to represent 15.9 times FY18E P/E – a valuation deemed fair given the group’s resilient and recession-proof business model, in SAC’s view.
This comes after Sanli on Wednesday announced three new contract wins worth a total of $10 million, comprising projects in both the engineering, procurement and construction (EPC) as well as operations and maintenance (O&M) segments.
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