· Pembangunan Perumahan will likely come out as the winner for a gas power plant project in Jambi and South Sumatera, worth US$200.0mn. The company’s CEO shared that the winner will be announced by PLN in October 2010.
· If selected, the project will be carried out in 12 months. Payment will be done by installment over 7 years.
· PP has also won a Rp400.0bn contract to build the Public Works new Ministry building by offering a price of Rp379.0bn. This project will start in the final quarter this year and will be completed at the end of 2011.
· PTPP is trading at 2011F consensus PER of 12.2x and EV/EBITDA of 8.6x.
Tidak ada komentar:
Posting Komentar