Stock Name: ARMADA
Company Name: BUMI ARMADA BERHAD
In less than a year, Bumi is rowing its third boat to Brazil. Though smallish, the RM115m contract that Bumi has landed for the provision of a platform supply vessel is part of the company's strategic entry into Brazil where it is also eyeing FPSO opportunities.
Company Name: BUMI ARMADA BERHAD
| Research House: CIMB | Price Call: BUY | Target Price: 4.80 |
Target RM4.80
In less than a year, Bumi is rowing its third boat to Brazil. Though smallish, the RM115m contract that Bumi has landed for the provision of a platform supply vessel is part of the company's strategic entry into Brazil where it is also eyeing FPSO opportunities.
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