Question 6. What does “EPS” stand for?Shenghe is to prepare tenders for “EPC, EPS, and EPCM” solutions. That is, Engineering, Procurement and —- what does the “S” stand for?
S Prob stands for supply , its engineered and procured but peak gets its own team/workforce to construct , hence S means it's only supplied.... that would be my thinking..... EPCM would be best way forward for peak shareholders as less risk involved as it falls on shenghe if the plant doesn't operate as to specifications, the negative to that is that timeframes are more then relegated to shenghe control unless their is specifications within the agreement to meet certain benchmarks within timeframes set out.
Its complicated to work through , although management are probably not worried about all this stuff and instead playing golf or browsing their next cruise ship company xmas partay..... since Bradley thinks there isn't much they are doing behind the scenes..
Engineering, Procurement and Construct = EPC Engineering, Procurement and Supply = EPS Engineering Procurement and Construction Management = EPCM
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PEK Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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