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
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.
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 65 cents. Do u see the rm 1 in my pass messages 30/12/24 3.35pm Do the next quarter look any better,a doubt.but if it go for 2 consecutives quarter of strong profit let say 25-40 million net profit,there will be something intresting.tp rm 1. Looking for early december then talk again. 24/11/24 11.20am
5205 SENDAI, EVERSENDAI CORPORATION BERHAD - + MATERIAL LITIGATION 10 Jan 2025, 07:00 MATERIAL LITIGATION MATERIAL LITIGATION Shah Alam High Court Civil Suit No: 22C-8-04/2015 Linsun Engineering Sdn Bhd against Shineversendai Engineering (M) Sdn Bhd (EESB) You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Looks like it cannot sustain above 0.70. Manage to sell at 0.695 for a small profit. Anyway will wait for next round. First time buying in January 2018 when it was around 0.88. KYY promoted this counter then.
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.
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DickyMe
14,977 posts
Posted by DickyMe > 1 month ago | Report Abuse
It's more like poop fly hovering than real flying.