By: musicwhiz This final section discusses the prospects of Boustead’s business units and also the plans put in place by Management to grow each division. A little of the macro-environment will be discussed as well as FF Wong’s view of how the company, as a whole, will explore new opportunities to further enhance shareholder value. This section was compiled from Boustead’s recent audiocast, FF Wong’s interview with Pulses Magazine in June 2008 as well as Boustead’s recent press releases and announcements. Prospects and Plans for each Business Unit Energy-Related Engineering This division is expected to perform better for FY 2009 as the demand for Boustead’s services (waste-to-energy conversion and its boiler technology) continue to remain firm. The solid waste energy division is expected to contribute to a better performance after its re-structuring in FY 2008. According to the company’s forward statement, they have received numerous enquiries and are optimistic of converting a significant portion to contract awards for FY 2009. Soaring energy prices (oil recently hit a new record high close to US$147 per barrel as at time of writing) and demand for alternatives will ensure growing demand for Boustead’s services; and the Boustead boiler commands a premium as the company is renowned for its boiler technology and has an edge over competitors who may have bid lower but do not have the expertise. Read more... Related Article Boustead – FY 2008 Financials Review and Discussion Part 1 Boustead – FY 2008 Financials Review and Discussion Part 2