GLNG will report its figures on Wednesday. The day itself tends to not be a big event, meaning that contract awards seldomly match with report dates. However, it will be interesting to see what design GLNG opts for on a fourth unit and to obtain updates on the processes in which they are currently involved. One USD 400m EBITDA unit adds USD 12.4/sh to our SOTP (20 year, 8% WACC, time to cash of 4 years) and GLNG could quickly add two units to its portfolio. The stock is trading slightly below ou ....
