Stabilising the Platform Edison Flash Note
Medserv - Stabilising the Platform. An Edison flash note by Andy Chambers
OCTG inspection repair and storage - Medserv Energy
total tubular management - Medserv Energy
Edison Flash Note by Andy Chambers
Medserv issued an interim report on 22 May that indicates a stabilisation of the outlook for the group. METS appears to be trading strongly and while the onshore base support activities are still depressed, these should progressively recover in the second half. The reaction to the challenged FY16 results and more tempered outlook, while unsurprising, leaves the shares looking increasingly attractive against our fair value estimate of €1.83. There is scope for this discount to reduce as trading improves in H217. A FY18 P/E of 13.0x does not appear overly demanding given the potential for continued recovery and growth thereafter.
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14 Mar 2019
MCAST students visit Medserv HQ
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14 Mar 2019
Former Prime Minister and MEP, Dr Alfred Sant visits Medserv HQ.
As MEPS prepare for MEP election, Dr Sant visited Medserv’s Head Office at the Malta Freeport to discuss current issues and gain a clearer u... read more>

01 Mar 2019
ExxonMobil makes biggest natural gas discovery in two years off the coast of Cyprus
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