Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
MYEG is aggressively expanding its business to overseas and non-government project related business to mitigate the risk and enhance the business fundamental of the company. On the other hand the company Revenue, Profit and Profit margin remain stable after several changes of government since 2 yrs ago. It proven that the company is fundamentally great and greater. Now, the market need 1 good news to bring the share price back to sky high, NIIS or GST implementation. let's monitor.
Dear Friends, based on outstanding order of 1.02b + new order 1.2b = 2.2b (total Rev). Divide 3 years = 740Mil per year. Let's take average 9% profit margin. This will give us 67mil profit. Divide Total Outstanding Share 625mil will give us EPS10.7. Let's assume PE=15, the fair price is 1.6. If maintain as PE=20, the fair price is 2.14.
