EVERSENDAI CORPORATION BERHAD

KLSE (MYR): SENDAI (5205)

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Last Price

0.525

Today's Change

-0.035 (6.25%)

Day's Change

0.525 - 0.575

Trading Volume

2,049,200


12 people like this.

13,057 comment(s). Last comment by kangcs 1 day ago

Heng Kee

52 posts

Posted by Heng Kee > 2017-05-27 16:56 | Report Abuse

Wow! Rm1.50 at years' end? .....still more upside to go then... Better Hold tight2... Might buy more if price fall below 93 sen...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-27 17:10 | Report Abuse

sanvi

That is right....Sendai is a genuine make in Malaysia MNC Malaysians should be proud of. Somebody should write a good biography of this Tan Sri.

Based on company records, the improvements in job orders and revenue started in 2015 but unfortunately the turnaround is delayed two years due to huge impairments in 2015/ 2016

2017 is the year of true turnaround for this company.

cktay

282 posts

Posted by cktay > 2017-05-27 19:19 | Report Abuse

For the benefit of those who is wondering what happened during Thu afternoon AGM.
[I must qualify myself that what I say is my personal opinion and your decision to buy or sell is at your own risk]
The meeting went smoothly in a smallish Istana hotel venue as there were not many shareholders attending. Tan Sri said it had been a very painful couple of years for him, which I replied was the same for us shareholders. He believes that the worst is behind as most of the possible losses have been written off.
Q1 just reported is in the black and he thinks that Q2 (and onwards) should be better.
The video presentation of the jobs won was rather impressive. It included the part showing the offloading of Liftboat No1 into the sea. More work is being done after that and hopefully we get payment by Oct which I believe will reduce the gearing of the company.
The star at the AGM was none other than Mr Koon. He was very vocal during the AGM and he reminded Tan Sri that the boss of the company is the shareholders. Mr Koon (being previously in the construction industry) stressed the importance of a good margin otherwise all the jobs won are meaningless. Mr Koon even took the opportunity to give shareholders a short investment talk during the tea break-break.
Tan Sri was very humble (which I thought compared to other CEOs at other AGM). He joined us, Mr Koon and other shareholders and we talked while we eat.
Mr Koon (if you are reading this) I thank you for making this AGM very memorable. You have given us a new confidence. I personally will not be going to sell my shares and I think I will enjoy the ride with you. Thank you again.

Posted by getonwithit > 2017-05-27 21:17 | Report Abuse

cktay thank you for sharing.

abang_misai

2,550 posts

Posted by abang_misai > 2017-05-27 22:12 | Report Abuse

Cktay, well said.

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-05-27 22:16 |

Post removed.Why?

abang_misai

2,550 posts

Posted by abang_misai > 2017-05-27 22:19 | Report Abuse

Calvin, can you please go back to your loss-making Bina Puri's forum? Kalah-kacau here.

moneykj

6,141 posts

Posted by moneykj > 2017-05-27 22:47 | Report Abuse

Sendai 49.5 cts Versus BPuri at 48.5 cts.

Calvin challenge Sendai with his Binapui last year. What is Binapui price now?

moneykj

6,141 posts

Posted by moneykj > 2017-05-27 22:58 | Report Abuse

Abang_misai, Calvin is car salesman wanna be sifu in Bursa. His 224th ranking tell us how 'good' he is. His comments no need to take it so seriously. Sing song Sendai from 0.51 to 0.965 now. His Binapui from 0.485 to 0.425 now. Obviously he is not for Malaysia market.

moneykj

6,141 posts

Posted by moneykj > 2017-05-27 23:04 | Report Abuse

Pity for those who sell Sendai at 0.51 and buy Dutaland at 0.45 on Calvin the terbalik king recommendation. Pity...pity...

iQie

759 posts

Posted by iQie > 2017-05-29 10:29 | Report Abuse

Dalam tempoh 3 bulan ini, akan ada pengumuman kontrak dari UK, dan keputusan penyelesaian beberapa kes mahkamah, semoga menyebelahi Sendai.

Enjoy the ride... My TP RM1.30 before sep. And RM 1.50 end of this year. If result better than expexcted, RM2 also no problem.

mililia

227 posts

Posted by mililia > 2017-05-29 17:13 | Report Abuse

Sure iQie. We are going to trust you.

Adam Adam

50 posts

Posted by Adam Adam > 2017-05-30 09:38 | Report Abuse

0.945X10. RM 9.45

stncws

10,610 posts

Posted by stncws > 2017-05-30 23:49 | Report Abuse

small kid CTANENG...GSB now 11c !!!!

iQie

759 posts

Posted by iQie > 2017-06-01 00:12 | Report Abuse

KYY sapu lagi 590k unit...Yakin betul kyy dengan sendai.

www.bursamalaysia.com/market/listed-companies/company-announcements/5447949

hoh13

468 posts

Posted by hoh13 > 2017-06-01 08:36 | Report Abuse

sold SENDAI,bought PESONA~

iQie

759 posts

Posted by iQie > 2017-06-01 11:01 | Report Abuse

Order Book Run Rate ( setakat mac, tidak termasuk kontrak yang baru dimenangani baru2 ini)

2017
3M 2017:RM396.0m
3M-12M 2017 : RM1,462.6m

2018 : RM1,115.1m
2019 : RM285.3m

Analyst & Investor Briefing - Q1 2017 Results dah keluar. boleh lihat potensi SENDAI. Orderbook run rate tinggi, PATAMI Margin improve.

http://ir.chartnexus.com/eversendai/docs/analysts/1Q2017%20Analyst%20Briefing%20(IR).pdf

kenteoh94

1,041 posts

Posted by kenteoh94 > 2017-06-05 09:56 | Report Abuse

Wowoowwwww!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-06-05 10:04 | Report Abuse

calvin is car salesman / property agent.

not the kind of skills for stock market.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-06-05 10:07 | Report Abuse

look at presentation....if this kind of company cannot buy, what can buy?

Heng Kee

52 posts

Posted by Heng Kee > 2017-06-05 11:47 | Report Abuse

Gulf crisis escalates.... Wld this hve impact on Sendai? My 2sen...

Saudi-led Alliance Cuts Qatar Ties as Gulf Crisis Escalates https://bloom.bg/2qVZSDk

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-06-05 13:28 |

Post removed.Why?

iQie

759 posts

Posted by iQie > 2017-06-05 14:23 | Report Abuse

come on..luckily sendai have their own fabrication facilities ini qatar, no need import from uae..

In Uae sendai got their own fabrication facilities also..

not much effect..

Oil price up, good for sendai.. hehe

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-06-05 14:27 | Report Abuse

sell..sell..

iQie

759 posts

Posted by iQie > 2017-06-05 14:31 | Report Abuse

Qatar Export :
japan 20%,
south korea 19%,
India 12%,
china 6.5%
UAE 4.5%
Egypt 1%..

Effect tak banyak, Qatar tidak bergantung pada pasaran negara arab..

US dah keluar kenyataan agar raikan perbezaan dan kekalkan kesatuan..mungkin sekejap je kot..

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-06-05 14:33 | Report Abuse

First Saudi stopped all contacts with Qatar.

Next F16 jets might be sent to bomb out these hidden terrorists in Qatar.

Sendai properties will be sitting ducks in the crossfire.

There will be collateral damage.

Calvin already gave warnings much earlier.

Now stick to Malaysian shares!

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-06-05 14:50 | Report Abuse

SEE Sendai Quarterly Report just released recently

EVERSENDAI CORPORATION BERHAD (614060-A)
(Incorporated in Malaysia)

Page | 14
6. Segment Information (Cont’d)

The steel fabrication and erection for building and infrastructure construction businesses in the MiddleEast
region continued to contribute a lion share of the Group’s revenue of 58.3% and pre-tax profit of
RM19.4 million in the current financial period-to-date.

(LION SHARE OF SENDAI'S REVENUE OF 58.3% COMES FROM THE MIDDLE EAST. NOW IN DEEP TROUBLE!!)

The operations in Malaysia had contributed 13.4% to the Group’s revenue. The increase in revenue from
RM 43.1 million in preceding year’s corresponding quarter compare to current quarter of RM53.0 million
mainly due to key projects were at commencement stage in the preceding year’s corresponding quarter.

(ONLY 13.4% REVENUE FROM MALAYSIA)



The revenue from operations in India of RM48.5 million with a contribution of 12.3% to the Group
revenue during the current quarter is consistent with the revenue of RM45.7 million recorded in the
preceding year’s corresponding quarter.

(12.3% REVENUE FROM INDIA? MUDAJAYA GOT INTO PROBLEM IN INDIA! SENDAI MIGHT BE NEXT!)

The oil and gas business contributed to 13.7% of the Group’s revenue in the current quarter as compared
to 26.2% recorded in preceding year’s corresponding quarter. The losses of RM4.7 million during the
current financial quarter mainly due to low utilization of fabrication plant of the oil and gas industries.


(13.7% FROM OIL & GAS? Many O & G are also in deep trouble)

So

58.3% + 12.3% + 13.7% = 84.3%

What a lemon?

80% of sendai's revenue exposed to danger!

iQie

759 posts

Posted by iQie > 2017-06-05 15:12 | Report Abuse

Cut ties ? No Problem..

MIDEAST STOCKS-Qatar, GCC markets set to drop as ties severed

June 05, 2017, 01:21:00 AM EDT By Reuters

By Celine AswadDUBAI, June 5 (Reuters) - Stock markets in Qatar and the
rest of the six-nation Gulf Cooperation Council look set to drop
on Monday after Saudi Arabia, Egypt, the United Arab Emirates
and Bahrain severed ties with Doha, accusing it of supporting
terrorism.

Saudi Arabia said it had severed all land, sea and air
contacts with Qatar. Abu Dhabi'sEtihad Airways said it would
suspend flights from Tuesday. Saudi Arabia, the UAE and Bahrain
gave Qatari visitors and residents two weeks to leave their
borders.

With an estimated $335 billion of assets in its sovereign
wealth fund, a trade surplus of $2.7 billion in April alone and
extensive port facilities, Qatar appears likely to be able to
ride out the impact without any economic crisis.

The GCC states do little merchandise trade with each other,
instead relying on imports from outside the region, and Qatar's
liquefied natural gas shipments by sea are expected to continue
normally. GCC investments in Qatar's stock market are believed
to be minor.

Nevertheless, the diplomatic rift - the worst in years - is
expected to have a considerable impact on investor sentiment,
outside Qatar as well as within the country.

"All GCC markets will fall today - this is unprecedented and
we are entering unknown territory. This is not good news for the
markets," said a Dubai-based portfolio manager.

"The markets have been quiet in search of a catalyst, and
this is it...There will be a lot of exiting today."

After Saudi Arabia, the UAE and Bahrain withdrew their
ambassadors from Qatar in March 2014, the Qatari stock market
immediately tumbled 2.3 percent and remained weak for about
three weeks, before rebounding strongly as Qatar entered MSCI's
emerging market index.

Some fund managers said Qatari banks could be hardest hit.
"Qatari banks that are exposed to those countries that have
severed ties with it will be very vulnerable, and vice versa -
companies that have borrowed from Qatari banks may have to
figure out how to negotiate loans and deals," said a Doha-based
asset manager.

Also, some Qatari banks have been borrowing from overseas to
offset tight liquidity in the domestic money market; they may
now find it more expensive to borrow.

(Editing by Andrew Torchia)
((celine.aswad@thomsonreuters.com)(+9715 62247653)(Reuters
Messaging: celine.aswad.thomsonreuters.com@reuters.net))


Read more: http://www.nasdaq.com/article/mideast-stocksqatar-gcc-markets-set-to-drop-as-ties-severed-20170605-00038#ixzz4j6r5fieG

iQie

759 posts

Posted by iQie > 2017-06-05 17:15 | Report Abuse

FYi. In April 2014, Saudi call back their ambassadors from Qatar, due to same reason today..8 month later,in Nov 2014, they return their ambassadors back...

and fyi, qatar also have US army base.

saudi just want to pressure qatar to pullout thier support to iran..

xyXy

693 posts

Posted by xyXy > 2017-06-05 20:25 | Report Abuse

KYY keep buying........... ada kang tao?...

coecoe

150 posts

Posted by coecoe > 2017-06-05 21:22 | Report Abuse

Don't exaggerate about Qatar Calvin. We know you like Sendai gowing down very much. The middle east is a mess already for many many years but it is not true that there is war everywhere and Qatar is only a tiny part of the huge middle east. Diplomatic 'war' is not the same as bombing with physical destruction

Ismylife73

699 posts

Posted by Ismylife73 > 2017-06-05 23:35 | Report Abuse

fosiling also brought this one

6044

123 posts

Posted by 6044 > 2017-06-05 23:37 | Report Abuse

To Sendai & KYY it is the best time to push up higher of the share price as not many dare to buy now. Public or bilis will sell as worry and scare of Qatar tension but the floating shares are less.
Big boys and KYY already control > 85%. They may push up to one stable price and wait for next good news to announce and then the price will go up further by the sentiment and they can easily
reduce their holding by then.

john doe

749 posts

Posted by john doe > 2017-06-06 07:14 | Report Abuse

Hebeifortune comes to tipu again...

moneykj

6,141 posts

Posted by moneykj > 2017-06-06 10:15 | Report Abuse

Good to have sell call from terbalik king Calvin. Now you know why I call him terbalik king...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-06-06 10:18 | Report Abuse

why terbalik king calls sell sure go up one?

I need to examine his brain.

iQie

759 posts

Posted by iQie > 2017-06-06 12:06 | Report Abuse

Projek di qatar ada 3 sahaja, dan kebanyakan dah nak siap, bahan untuk projek di qatar diperolehi dari fabrication di qatar, tidak ambil dari luar qatar, AK pernah maklum bahawa dia simpan stok tinggi untuk tampung semua projek sedia ada dan akan datang, kerana harga besi sedang murah dan bagi jamin kestabilan bila berlaku sebarang kemungkinan.

Tak perlu khuathir besi tak cukup, china dan india bila2 bersedia bekalkan.

Dibawah adalah kontrak terbaru sendai. Projek dari qatar tidak besar.

UAE: RM362.7m
Malaysia: RM53.2m
Kuwait: RM440.8m
India: RM373.3m
Qatar, UK, Persian Gulf: RM37.0m
Saudi: RM92.0m

Nasib baik sendai sudah masuk pasaran UK, india, thailand dan australia. Kesan minimun.

BigPro

688 posts

Posted by BigPro > 2017-06-06 12:44 | Report Abuse

Still high risk... run first with profit taking and come will back later when everything back to normal...

stncws

10,610 posts

Posted by stncws > 2017-06-06 15:23 | Report Abuse

SELL !

coecoe

150 posts

Posted by coecoe > 2017-06-07 07:57 | Report Abuse

BUY !

Adam Adam

50 posts

Posted by Adam Adam > 2017-06-07 08:13 | Report Abuse

bye

DickyMe

14,740 posts

Posted by DickyMe > 2017-06-07 13:43 | Report Abuse

Buy now and don't be left out! Diplomatic row and chaos will recede in months.

sunztzhe

2,248 posts

Posted by sunztzhe > 2017-06-08 17:12 | Report Abuse

“It is what you don't expect... that most needs looking for.”
― Neal Stephenson, Anathem

Adam Adam

50 posts

Posted by Adam Adam > 2017-06-08 19:50 | Report Abuse

tomorrow will drop till 0.005

vincent27

614 posts

Posted by vincent27 > 2017-06-09 09:27 | Report Abuse

War at middle east?

stncws

10,610 posts

Posted by stncws > 2017-06-09 10:54 | Report Abuse

calvintaneng NOT A SINCERE GUY, SEE HIS muid, pmcorp, gsb !!!

he will get KARMA one day!!

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