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Monday, October 22, 2012

Keving Byun - Denali Investors's presentation on Shaw Group

Below please find Kevin Byun's and Denali Investors's presentation on Shaw Group. They make the case that Shaw's deal with CBI at $46 per share is leaving substantial value on the table. They think Shaw is worth $50 to $70 per share as a going concern and $60 to $85 per share with an adequate control premium. Overall they make a strong argument. They have even set up a website to keep folks posted on their activist progress - http://www.shawfairvalue.com/ Enjoy.

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