InvestorsHub Logo
Followers 19
Posts 4591
Boards Moderated 0
Alias Born 08/24/2004

Re: None

Tuesday, 10/13/2020 9:30:49 AM

Tuesday, October 13, 2020 9:30:49 AM

Post# of 24822
Hang on the deal is with

Sterling PBES Energy Solutions Ltd ( about 27 employees... another micro company )

The other two companies mentioned are big ( 1000 plus employees / millions in revs ), but thats not who this deal is with..

Sterling PBES Energy Solutions Ltd Has Revs of about $2 million.

This is the bit that threw me....

SPBES has a large presence in the maritime community for electric solutions and is supported by two very strong partner parent companies, Shapoorji Pallonji and Sterling & Wilson.

What does ‘Supported’ mean in this context. I initially thought Funded / was a subsidiary off.... Its not... I think SPBES is just a reseller, doing about 2 million in business each year.. Nothing wrong in that, looks like a good company. OZSC involvement will be very small.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OZSC News