Support what @Harold Huong said, lets carrying out a small experiment. The Group's share price could be influenced by the oil price due to Sendai's participation on O&G Offshore market. So, we will compare the coming quarter result with the 1st quarter result in 2015 as the oil price level in the previous quarter in 2017 is similar to the period that I aforementioned. So, in that preceding year corresponding quarter, the Group make around RM 403 million of revenue and RM 19.40 million of net profit, which equivalent to 2.51 sen per quarter. Therefore, Barring any unforeseen condition like impairment loss or delay on proceeding of big projects, the Group should able to make at least 2.506 sen(after inclusion of dilution of share base) in this quarter. And while we look back to the forecasted revenue of RM 450 million made by the public bloggers (no offended), it is much more higher than the comparing quarter. If the Group able to reach a total revenue of RM 500 million per quarter in order to achieve its objective to secure RM 2 billion of sales in 2017, with an internal rate of return of 8% (should be the lowest), the Group will able to make an extra RM 6.27 million of earnings (after deduction from tax) and acheive RM 25.67 million of net profit. Besides, Since Mr Fong Sil Ling & Mr Koon Kew Yin have placed part of their funds on this counter, it implied that they might have strong confidence on the improvement of this stock, hence I deem we should place more sanguine sentiment on this stock even without purchasing its company share. I do not consider myself as a great investor yet but I still keep on learning. I am just giving comment to the current and future shareholders of this company but I am not holding any EVERSENDAI's share for the current period. Coming quarter result should be announced by 25th May 2017 and Good Luck! Hope everything go as scheduled.
Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD
2017-05-19 00:27 | Report Abuse
Support what @Harold Huong said, lets carrying out a small experiment. The Group's share price could be influenced by the oil price due to Sendai's participation on O&G Offshore market. So, we will compare the coming quarter result with the 1st quarter result in 2015 as the oil price level in the previous quarter in 2017 is similar to the period that I aforementioned. So, in that preceding year corresponding quarter, the Group make around RM 403 million of revenue and RM 19.40 million of net profit, which equivalent to 2.51 sen per quarter. Therefore, Barring any unforeseen condition like impairment loss or delay on proceeding of big projects, the Group should able to make at least 2.506 sen(after inclusion of dilution of share base) in this quarter. And while we look back to the forecasted revenue of RM 450 million made by the public bloggers (no offended), it is much more higher than the comparing quarter. If the Group able to reach a total revenue of RM 500 million per quarter in order to achieve its objective to secure RM 2 billion of sales in 2017, with an internal rate of return of 8% (should be the lowest), the Group will able to make an extra RM 6.27 million of earnings (after deduction from tax) and acheive RM 25.67 million of net profit. Besides, Since Mr Fong Sil Ling & Mr Koon Kew Yin have placed part of their funds on this counter, it implied that they might have strong confidence on the improvement of this stock, hence I deem we should place more sanguine sentiment on this stock even without purchasing its company share. I do not consider myself as a great investor yet but I still keep on learning. I am just giving comment to the current and future shareholders of this company but I am not holding any EVERSENDAI's share for the current period. Coming quarter result should be announced by 25th May 2017 and Good Luck! Hope everything go as scheduled.