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3 days ago | Report Abuse
What go up fast will go down fast as well(consolidation). After consolidation then direction will clearer
4 days ago | Report Abuse
After 2 days surging, look like less strength, may rest and profit taking
5 days ago | Report Abuse
Hope today closing surpass 50cts
1 week ago | Report Abuse
Yes believe is coming stronger
1 week ago | Report Abuse
Limit up if new contract is awarded
2 weeks ago | Report Abuse
Next wave is in the making
2 weeks ago | Report Abuse
Hidden hand step in is to make money, we wish Sendai will raise its head from now on.
2 weeks ago | Report Abuse
Kyy excess money can buy the whole Thambi company
2 weeks ago | Report Abuse
Believe soon Sendai will go past 50 & beyond
2 weeks ago | Report Abuse
Sendai price trend reversal - Koon Yew Yin
Publish date: Mon, 22 Apr 2024, 04:40 PM
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
A price chart is a record of the last traded price of the day. If there were more sellers than buyers the last traded price would be less than its previous recorded price. As a result, its price chart will be down trend.
In the case of Sendai, in the last 10 days, there were more buyers than sellers every day. As a result, Sendai share price has been going up rapidly to make a record high.
The reason for its share price to go up so rapidly is because it reported 7.4 sen EPS for the quarter ending Dec 2023.
On 18 Mar 2024, 06:33 pm KUALA LUMPUR: Eversendai Corp Bhd, which announced last week that it had secured four new contracts worth an aggregate RM5.4 billion and saw its shares surge over 70% after that, provided more details about the projects.
It disclosed via a bourse filing the names of the companies that awarded the jobs, its recipient units, the tenures of the contracts, as well as the dates on which the deals were secured.
“We are unable to provide a breakdown of project/contract value as this would violate the NDAs (non-disclosure agreements) signed as well as jeopardise our position with our competitors and clients,” the group added.
Eversendai provides more info on its RM5.4b contract wins
By Izzul Ikram / theedgemalaysia.com
18 Mar 2024, 06:33 pm
Its unit Eversendai Engineering Saudi LLC, in collaboration with Albawani Co Ltd, bagged a job for the structural steel signature building at the Trojena Ski Village from NEOM Company on March 7. The project is expected to be completed in 28 and a half months.
It also said Eversendai Engineering Saudi is now in talks with Albawani to formalise their collaborating relationship for the job, but noted that this will not be in the form of establishing a joint venture (JV).
“Discussions are in progress and once formalised, we will make the announcement. No incorporated [JV] will be formed, this is a project-specific collaboration,” it added.
Another subsidiary, Eversendai Mega Structure FZ LLC, secured its contract in the UAE for structural steel works for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah from ALEC Engineering and Contracting LLC — RAK Branch. The job was awarded on Dec 4, 2023, and will last for 11 and a half months.
Its subsidiary in India, Eversendai Construction Pt Ltd, secured two structural steel projects, one from RUPA Infotech & Infrastructure Pt Ltd (spanning 23 months) and another from Maryland Infrastructure Pt Ltd (spanning 25 months) on March 8. These projects are for the Rupa IT building and the Rupa Crystal IT building. In addressing the delay between the dates the contracts were secured and its announcement to the bourse, Eversendai said this was also due to the NDAs, as it was required to obtain consent from its end-clients before any public announcement.
2 weeks ago | Report Abuse
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin
Publish date: Mon, 22 Apr 2024, 04:46 PM
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Revenue Surge: The company’s revenue for FY2023 surged to RM1.45 billion, up from RM905.30 million in the previous year1. This significant increase was driven by progress on Middle East projects.
Gross Profit Turnaround: Eversendai highlighted a gross profit of RM177.2 million in FY2023, a substantial improvement from the RM29.5 million gross loss in FY20221. This turnaround was a result of their proactive approaches and innovative construction methodologies.
Net Profit: For the full year, Eversendai registered a net profit of RM26.62 million in FY2023, compared to a net loss of RM361.52 million in FY20222. This positive shift reflects their recovery path and successful project execution.
Overall, Eversendai’s commitment to excellence, safety, and consistent performance has contributed to their growth and sustained success in complex construction projects across Asia and the Middle East.
Revenue for FY2023 surged to RM1.45 billion from RM905.30 million the previous year, it said in a filing with the stock exchange today. Eversendai highlighted a gross profit of RM177.2 million in FY2023, a significant turnaround from the RM29.5 million gross loss in FY2022, largely attributable to progress on Middle East projects.
2 weeks ago | Report Abuse
Middle East tensions ease, world mkt are back in green, hopefully tomorrow our market will perform well. Cheer
3 weeks ago | Report Abuse
Middle East unrest created high risk in stock markets, keeping overnight might not be able to sleep well.
3 weeks ago | Report Abuse
this stk is very much undervalued, surely will burst up and move forward one of these day
1 month ago | Report Abuse
Will be one of the biggest cash cow at KLSE.
1 month ago | Report Abuse
MarketNavigator: IJM already a major shareholders of WCEH holding 26.65%, classified as associate companies, 51% will be classified Subsidiary
1 month ago | Report Abuse
IJM has one leg in WCE, furthermore IJM fond to buy into tolls collection companies, believe IJM may increase its stake to become subsidiary, hope this can become reality.
1 month ago | Report Abuse
I have a feeling, in short term it may limit up.
1 month ago | Report Abuse
Volume is coming, something is brewing on?
1 month ago | Report Abuse
Feeling the price is on the way moving upward, my initial Tp 1.20
1 month ago | Report Abuse
Perak & Highway authority has approved the WISE highway project, can WCE got chance to get it?
2 months ago | Report Abuse
Land price at KL/Selangor is diff from Perak, similarly Bungalow at KL value at 5m but same Bungalow at Sitiawan may value for Rm 2m. Cannot compare Duke & WCE in term of per km
2024-01-25 08:34 | Report Abuse
What go up will come down, what go down will go up again.
2023-11-01 11:19 | Report Abuse
Sendai is tendering Rm15b of projects, but currently it’s share trading @ 19cts & mkt cap at Rm148m, seem no so matching, mgmt should push up the price to make it more trust worthy
2023-10-30 16:23 | Report Abuse
After many days of positive notes, it is high time consolidation will take place
2023-10-30 08:42 | Report Abuse
This article published in April indicated MnHldg will be one of the big player in the Data centre industry. Watch out!!
https://theedgemalaysia.com/node/661789
2023-10-28 10:36 | Report Abuse
HL investment bank Tp 59cts, and forecast 32% & 66% growth in 2024/2025, surely this is big boost to the shares to transform into small blue chip.
2023-10-25 16:31 | Report Abuse
After rounds of shaking away contrarians, possibly back uptrend tracks again.
2023-10-22 17:10 | Report Abuse
Friend, right issue is possible, coz as at last Q balance sheet, only 3m plus cash in hand.
2023-10-19 15:52 | Report Abuse
This year MNH secured many projects from TNB & others, total in hand projects exceeding 384m as per link below:-
https://www.klsescreener.com/v2/news/view/1205593
2023-10-19 11:35 | Report Abuse
High potential MnHldg moving forward to next historical height
2023-10-18 15:33 | Report Abuse
Is this the real story?
https://www.klsescreener.com/v2/news/view/1217491
2023-10-17 17:25 | Report Abuse
Believe will take a break before advancing
2023-10-17 07:36 | Report Abuse
Many paid cyber troopers was engaged before EGM, now the forum’s atmosphere are more neutral.
2023-10-16 16:13 | Report Abuse
Next resistance is 0.065, clear this level today will be on uptrends mode
2023-10-16 09:02 | Report Abuse
Extraordinary
Indicator Notice of Meeting
Description Notice of Extraordinary General Meeting of KNM Group Berhad to be conducted fully virtual via remote participation and electronic voting (RPEV) facilities
Date of Meeting 16 Oct 2023
Time 10:00 AM
Venue(s) online meeting platform at https://meeting.boardroomlimited.my
as provided by Boardroom Share Registrars Sdn Bhd
Malaysia
2023-10-16 09:01 | Report Abuse
EGM via virtual by this link for admission, must receive ID from registerer to join meeting.
But till now I haven’t got the ID from registerer
2023-10-15 17:20 | Report Abuse
Anybody receive virtual link invitation?
2023-10-14 07:05 | Report Abuse
Most of the time people hardly to accept changes, especially aging people, but changes transforming better tomorrow, why not?
2023-10-14 07:00 | Report Abuse
Just like UMNO ruled Malaysia for past 60 plus year, or ancient China Empire ruled for sometime, what happened? Country go LONG-KANG. Similar to KNM, after ruling KNM for sometime, KNM get rotten, is about time to transfomasi, hahaha
2023-10-09 13:39 | Report Abuse
Road block at 24/23.5, after reaching the level the stk to retread?
2023-10-09 13:17 | Report Abuse
No matter which party take over management, one thing for sure they will work hard to cut down debt & get out from PN17, that should be a good good news in near future?
2023-10-05 18:32 | Report Abuse
Tomorrow T3/T4, lots of force selling will take place. Believe what Rock said Friday is holy day, price won’t fluctuate much
Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD
1 day ago | Report Abuse
With 6.5b job, if margin is 8% and say 30 month to complete, that work out 52m per quarter, 208m annually. Based on 2.50 the PE will be less than 10