Trendspotter of the Day: Eversendai Corporation

The stock formed a white candle last Friday, breaking out of the consolidation triangle from the RM0.72 high. The higher highs and higher lows sequence, coupled with the rising EMAs, suggests that prices may have resumed on its uptrend after consolidating for the past 8 month from its 52-week high.

Recommend : BUY

Looks like 62sen is the support based

Support came. Back.... Next is shooting up

Soon will break 78sen then after going up to another Higher

Well Said brother

Heading to 10sen

Heading to 10sen

Happy New Year 2025, Thank You Eversendai. Hope Can Get A GOOD PROFITS in Year 2025

Tapi tak ada gerak pun....

Kalau la

Tiba2 untung pulak ni....

Today is 30th December 2024 lol

SENDAI – Realising Strong Order Book Into Earnings
SENDAI specialises in structural steelworks and energy projects, with operations spanning SEA, India, North Africa, and the Middle East. Its expertise includes structural steel design, fabrication, erection, and mechanical installations for power plants, oil and gas facilities, and offshore platforms.
Record order book of RM6.7bn, driven by the new contract wins worth RM1.1bn in India, Singapore and Saudi Arabia.
SENDAI to supply steel beams for Trojena Ski Village Project in Saudi Arabia. The first steel structure was installed on 20th Jun, and met the first contractual milestone. Project progress is expected to accelerate from Nov-2024, leading to increased revenue and profit contributions for SENDAI in 2025.

Sendai MYdear

Eversendai Construction Pvt Ltd, a globally recognized leader in structural steel design, detailing, and fabrication, is looking for talented engineers to join its dynamic team in Chennai and Trichy. We specialize in delivering complex infrastructure and high-rise projects worldwide, offering a collaborative and innovative work environment that encourages professional growth.

Masuk je kalau ada wang

Technically, after sliding 46.5% from 52W high at RM0.785 (May 13) to a low of RM0.42 (Aug 29), SENDAI (CP:RM0.56, BVPS: RM0.38) has been traded in a range bound mode within RM0.46-0.625 zones. A confirmed breakout above RM0.625 (Dec 4) would enhance further upside targeting RM0.645 (61.8% FR) and RM0.70 (76.4% FR). Key retracement supports are pegged at RM0.535 (100D MA) and RM0.50 (200D MA) levels.

Source: Hong Leong Investment Bank Research - 16 Dec 2024

It’s official!

Saudi Arabia is hosting the FIFA World Cup 2034™ and #NEOM is proud to be one of the five host cities.

The unique #NEOMStadium will offer an experience like no other.

#WelcomeToSaudi34 #Saudi34 Saudi Arabia FIFA World Cup 2034

The #NEOMStadium will be the most unique stadium in the world, over 350m above ground and seamlessly integrated into THE LINE.

It will feature cutting-edge innovations to enhance viewing and participation experiences.

#WelcomeToSaudi34 #Saudi34 #NEOM Saudi Arabia FIFA World Cup 2034

Sabar la

Build the bottom and basic done. It's the time heading up to sky

Nampak macam good sign.... This afternoon will fly

See how tomorrow moves

Profits getting higher and higher, on right track and greater momentum

Review of Group with Comparison in Current Quarter to immediately Preceding Quarter


The Group reported revenue and Profit before tax of RM235.2 million and RM8.9 million respectively in
the current quarter as compared to revenue of RM275.5 million and Profit before tax of RM4.8 million
in the immediately preceding Quarter. The decline in revenue is attributable to the final stages of
completion of major projects in the Middle East while marginal increase in Profit before tax is mainly
attributable to forex gains. Revenues from newly commenced projects would significantly contribute to
Group revenue in coming Quarters.
24. Prospects of the Group
With the Group’s current outstanding order book of RM5.7 billion and continuous reorganisation of resources with a strong focus on optimisation of costs and improving efficiency in its operations, the Group believes that the path of recovery is in motion.
With the settlement of the Ijarah loan for Vahana Aryan and the partial settlement of the Term loan with proceeds from disposal of a non-core land asset in Malaysia, the Group’s total borrowings have reduced by 42.8% from RM1,051.7 million to RM601.2 million during the current period. The Group is making further efforts to restructure its borrowings and strengthen its liquidity position.
The Trojena Ski Village project secured from Neom in Kingdom of Saudi Arabia is progressing well. The Design & Engineering works are on-going and the first steel structure was erected at the project site on 20 June 2024, meeting the first contractual milestone. The newly awarded Projects in the Middle East and India have commenced and are progressing. With the current outstanding order book, the Group foresees optimal utilisation of all its fabrication facilities in the coming quarters.
The Group is optimistic of its future prospects to achieve improvised financial performance.

QTR results out today or tomorrow

Kuwait University Stadium
Track & Field Stadium in Kuwait
Eversendai Construction W.L.L, Kuwait was awarded the Track & Field Stadium Steelwork Package of Building-G in Kuwait University Project.

The total Tonnage of Steelwork in this Project is 8451MT. This project is located in Sabah Al Salem University City in Kuwait.

The scope of Eversendai was to provide Connection Design, Shop Drawings, BIM Implementation & Coordination, Erection Engineering Study & Stage Analysis, 3D Modelling, Workshop Fabrication Drawings, Supply, Fabrication, Composite Floor Decking, and Erection of Structural Steel Works. All the Design, Engineering & Detailing scope of works was completely taken care of In-House Engineering Department of Eversendai Dubai Office and successfully completed in line within the project schedules.

Maybank Research TP 62cents

https://klse.i3investor.com/web/blog/detail/mercurysec/2024-11-19-story-h474637255-Eversendai_5205_Forming_Stage_for_Pattern_Breakout

TP 58c

Tomorrow sure will hit it

Qtr results out this month, follows with good announcement

Come and visit #Trojena at Cityscape Global and see how the vision for future living in the mountains of NEOM is taking shape. Cityscape Global in Riyadh, Nov 11-14. Join us at the world’s largest real#CityscapeGlobal2024

#NEOM

Closing Day 3 at the World Travel Market (WTM) in London, we celebrate not only promising connections but a full event of trailblazing ideas coming together to reshape the future of tourism.

Trojena is proud to end our 3rd year of participation at @WTMLDN on a high note, showcasing the tremendous development milestones we achieved in 2024 and ultimately showing how Trojena will redefine luxury mountain tourism.

Trojena thanks those that made this year's event possible - we're already looking forward to the next one!

Yeah

Kuda Giving 1st Prize to SENDAI

Coming....HEHE

As part of Team Eversendai..the Structural Steel specialist, its indeed a matter of imense pride to be part of NEOM 's first completed project in the beautiful luxury island #SINDALAH ...the Jewel with pristine blue waters.

Yeah

Big Announcements ON THE WAY

Dapat Projek Besar Budget 2025 ke ?

SENDAI MARI

Yes, ON GOING and ON Targets

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Eversendai Corporation Berhad went from making a loss to reporting a profit, in the last year.

We think the growth looks very prospective, so we're not surprised the market liked it too. Inflection points like this can be a great time to take a closer look at a company.

You can see how EPS has changed over time in

Eversendai Corporation has faced short-term price pressure, but the long-term outlook remains positive. The stock is expected to recover, with investors advised to stay in their positions

Hari ini YBrs Dr Sathia Prakash Nadarajan telah mengadakan perjumpaan bersama Pengasas Eversendai Tan Sri Dato A.K.Nathan.

Beliau merupakan seorang Warganegara Malaysia dan telah menjalankan perniagaan di seluruh dunia. Pengasas Eversendai, membina syarikat itu daripada syarikat pembinaan keluli struktur sederhana di Malaysia kepada salah satu kontraktor turnkey keluli struktur bersepadu yang paling dicari di dunia. Keazaman yang tinggi, keghairahan yang tinggi dan perhatian yang tajam terhadap butiran terperinci telah menjadi kuasa penggerak di sebalik pembangunan Kumpulan Eversendai.

Perjumpaan ini lebih tertumpu pada perkembangan idea pengajian perniagaan peringkat antrabangsa di India. Diharapkan perjumpaan ini dapat memberi manfaat dan kebaikan kepada masyarakat Hulu Selangor.

So it's good for Sendai or...?

洗盘， 然后就是一飞冲天了

https://uk.finance.yahoo.com/news/those-invested-eversendai-corporation-berhad-000747220.html?
Fri, 27 Sept 2024, 8:07 am GMT+82-min read
Those who invested in Eversendai Corporation Berhad (KLSE:SENDAI) a year ago are up 300%


When you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Eversendai Corporation Berhad (KLSE:SENDAI) share price had more than doubled in just one year - up 300%. It's also up 20% in about a month. And shareholders have also done well over the long term, with an increase of 160% in the last three years.

Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.

View our latest analysis for Eversendai Corporation Berhad

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During the last year Eversendai Corporation Berhad grew its earnings per share, moving from a loss to a profit.

The result looks like a strong improvement to us, so we're not surprised the market likes the growth. Generally speaking the profitability inflection point is a great time to research a company closely, lest you miss an opportunity to profit.

(Edge Weekly) In his latest interview with The Edge, Eversendai Corp Bhd’s founder and largest shareholder Tan Sri AK Nathan, who is also Eversendai's executive chairman and group managing director, shared how the group plans to manage the risks associated with the projects at hand.

KUALA LUMPUR (March 23): Structural steel specialist Eversendai Corp Bhd shares jumped earlier this month following four contract wins worth RM5.4 billion combined, which brought its outstanding order book to RM6.6 billion.

One of the contracts is the mind-boggling outdoor ski resort in Saudi Arabia dubbed Trojena, with 36km of ski slopes located up the mountains in the Tabuk province near the Red Sea, and bordering Jordan and Egypt.

Despite its strong execution track record, eyebrows were raised over the size of the contracts at hand, the degree of difficulty in bringing to reality the ski village, as well as the financial strength that will be required to execute such a project.

“I see Eversendai being able to showcase profits quarter by quarter. This will be a positive year and 2025 will be on another level altogether,” said Eversendai’s founder and largest shareholder Tan Sri AK Nathan.

In his latest interview with The Edge, Nathan, who is also Eversendai's executive chairman and group managing director, shared how the group plans to manage the risks associated with the projects at hand.

The self-made entrepreneur said that Eversendai is putting the house in order to capture the upside of its contracts, amid an extended recovery from its oil and gas (O&G) venture in the 2010s that was further expounded by the Covid-19 pandemic.

He also responded to questions about an earlier related party transaction, which saw Eversendai face financial strain due to a contract to build two oil O&G vessels for a company linked to Nathan. The group is closing its chapter on the O&G venture, even as the industry is seeing better days again.

Can Eversendai regain investor confidence with the staggering Trojena project, in Nathan’s words, paving the way back to its glory days? Read the rest of the story in this week's issue of The Edge Malaysia weekly.

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