SAAG RR Infra Limited, a subsidiary of SAAG Consolidated (M) BHD, Malaysia, brings together the extensive knowledge, wide-ranging experience and cutting-edge technology of the construction industry. The coming together of these two formidable forces helps SAAG RR provide customized solutions for large-scale infrastructure projects. It also has tie-ups with the following companies:
- SAAG EMBAH : specializes in engg. procurement,constructin,commissioning and maintenance of oil and gas pipelines and process piping work.It has expertise in Horizontal directional drilling HDD machines, GRR mapping facilities.
- SAAG Drilling and Well Services Sdn. Bhd.:Co has expertise to provide offshore full workover and oil well services.Its expertise spreads to geological surveys,drilling consultats and reservoir engineers.Provides SAAG RR the expertise to bid for jobs from clients like ONGC,Reliance, Cairn etc.in India.
- FOCUS Oil and Gas Netherland :specialises in project consultancy, project management,front end engg. and design and new technlogy. SAAG RR is the exclusive representative of FOCUS Oil in India .
- PLYNOSTAV Czech Republic :Is pioneer in cross country oil and gas pipelines projects Company helps SAAG RR bid for cross country pipeline projects.
- PROTEUS Australia; has expertise in oil and gas projects onshore and offshore and aids SAAG RR in complete project management
- MICOPERI ITALY : Is one of the largest offshre construction company and helps SAAG RR in revamp and reconstruction projects.
The Company has floated 3 subsidiaries during the quarter ended December 31, 2007
1. Proteus Energy Ltd QED in manpower consultancy
2. Proteus Energy Ltd in integrated engg. and 3. SAAG RR Oil & Gas Technology Ltd, in consulting services in the oil & Gas Sector including work over rig services, 2D / 3D Siesmic Surveys etc.
The projects handled by SAAG RR cover the following sectors
Transportation– Roads and Railways
Environment– Sewage, Effluence and Water Treatment
Pipelines– Water and Sewer
Structure– Industrial and Commercial
Housing– Institutional, commercial and Private
(See here for details on the completed projects.)
Company’s financials are also showing improvements and its only a matter of time that company lamds up with BIG projects from oil majors like ONGC, Reliance, Cairn etc.
Scrip Code : 531374 Company Name : SAAG RR Infra Ltd
Financials reproduced from BSEINDIA
Company’s market capitalisation is just about Rs. 42 crores at CMP of Rs. 42.Looking at the company’s excellant tie-ups and parentage,share appears to be highly undevalued when compared to its peer like ABAN OFFSHORE,that commands P/E of 125 vs. only 12 for SAAG RR
BUY is recommended at CMP with 2 years HOLD to see a price of RS. 200 +
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