MODEC: Order Win in Mexico Is a Positive, Stock Rebounds 7% as MS Initiates with Buy
Modec Inc (6269 JP) has won an order for an FPSO in Mexico including a 15+5 year charter. The company was bidding against Bumi Armada (BAB MK) and...
555 Views
Modec: Petrobras Order Delays Negative but Orders from India and Mexico Could Support Backlog
Modec Inc (6269 JP) shares have steadily ground higher this year, up 13.9% YTD while Topix has fallen 5.3%. We visited the company to find...
404 Views
Divestments in Ship Building, Improvement in Engineering and Outperforming MODEC to Drive Upside
Few Positives on MES Restructuring in Shipbuilding segment improving the cost structure to the point where breakeven is becoming visible The...
543 Views
Japan: Scoring Results & Revisions Summer 2018 - Top and Bottom Companies + Long & Short Portfolios
INTRODUCTION - The second, and final part of our Results and Forecast/Revision Scores review for Summer 2018 will look at the leading and lagging...
449 Views
MODEC: +8% on 2Q Earnings Surge, Gross Margin Recovery and Large Revenue Bump Should Continue
Modec Inc (6269 JP) announced excellent 2Q results yesterday as revenue improved sequentially from JPY46,784m to JPY66,059m (+41.2%) and gross...
570 Views