ES group have been one of the most ignored penny stocks in SGX. The volume of this stock is low and also has very limited amount of analyst commentary on this stock.
ES group is a prominent sub-contractor of marine and offshore structures and vessels of all types and sizes. It is well known for its safety track records and have been in business with big players like Sembawang Shipyard Pte LTD and Keppel FELS and ST Marine Ltd.
The Company also owns a 70,000-square-metre shipyard with fabrication grounds in Thailand. Its FY2014 outlook states that more orders were secured for its Thailand yard and therefore its outlook remains positive for 2014 despite a slowing shipbuilding sector.
No comments:
Post a Comment