External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

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<li>Specialist Defence asset maintenance work underpins company’s near term opportunities arising from growing proportional Defence budget spend and reestablished Defence priority: DUR is a preferred contractor with trusted relationships, national accreditation, and strong track record of project delivery across a spread of large and small asset maintenance and remediation of assets, especially in Defence.</li>
<li>Medium to long term visibility on sustainment spend at GDP plus growth in context of national Defence bolstering bodes well for a preferred contractor with excellent win rates in sizeable $17b TAM.</li>
<li>Growing recurring maintenance order book: management targeting growing master service agreement (MSA) work and look to double recurring work profile.</li>
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<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>
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Specialist Defence asset maintenance work underpins company’s near term opportunities arising from growing proportional Defence budget spend and reestablished Defence priority: DUR is a preferred contractor with trusted relationships, national accreditation, and strong track record of project delivery across a spread of large and small asset maintenance and remediation of assets, especially in Defence.
Medium to long term visibility on sustainment spend at GDP plus growth in context of national Defence bolstering bodes well for a preferred contractor with excellent win rates in sizeable $17b TAM.
Growing recurring maintenance order book: management targeting growing master service agreement (MSA) work and look to double recurring work profile.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.


Duratec Limited (DUR-AU) – Buy – Price: $1.27; TP: $1.50

Duratec Ltd

Duratec Limited (DUR-AU) – Buy – Price: $1.27; TP: $1.50