Power Talk at Merara Star, 15 Jalan 16/11 Petaling Jaya at 10.30- 12.00 pm. by Tan Sri AK Nathan, Chairman & CEO, Eversendai Corporation Bhd.
I recommend all investors to attend this talk which will help you to make more money. He has stated in his press release after its recent AGM, that his company can complete RM 2 billion of construction work in 2017.
He also said that his company specializes in constructing very large steel structure which should be less competitive in the world. You can see this from the company website.
After he completed his talk, you must ask him what is his margin of net profit. Even based on 5% its net profit will by RM 100 million which will be 100 divided by 750 million shares = 13,3 sen EPS. If you based on PE 10 the share price should be RM 1.30. If you based on P/E 12 the share price will be RM 1.60. The last closing price was RM 1.18