2019 Energy Market Themes & Stocks with Exposure: Focus on Oil, Refining, LNG, M&A & Renewables
We run through our views on the main themes that will impact the oil and gas market in 2019 and the stocks to play these through. We outline the...
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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...
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MODEC: Starting Breakout as Presalt Potential Is Realised After 180 Million Years
Modec Inc (6269 JP) is gaining, up 7.1%, following the release of 1Q numbers which were reasonable but unexceptional. Revenue was up 5.7% QoQ which...
200 Views
MODEC: Up 10% in 2 Days; Possibly 75% Upside Left
Following the announcement that it had won a further order for an FPSO from Petrobras, MODEC is up 10% in the last two days. We had flagged...
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MODEC Visit Confirms Improvement in Order Outlook
A discussion with Modec Inc (6269 JP) yesterday lead us to believe that positive news flow on orders for FPSOs is likely to pick up going forward...
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