EVERSENDAI CORPORATION BERHAD

KLSE (MYR): SENDAI (5205)

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Last Price

0.36

Today's Change

-0.01 (2.70%)

Day's Change

0.35 - 0.37

Trading Volume

5,988,000


11 people like this.

11,908 comment(s). Last comment by Whiteevoque 2 days ago

kangcs

644 posts

Posted by kangcs > 1 month ago | Report Abuse

ollecting starts from 32sen-39sen....will SHOOTING UP later

DickyMe

14,357 posts

Posted by DickyMe > 1 month ago | Report Abuse

Aiyo! Senyap lah! Why leak info!

kangcs

644 posts

Posted by kangcs > 1 month ago | Report Abuse

huhuhuh

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

I did pick up some at 0.33, hope can rebound , heheh

gohkimhock

2,946 posts

Posted by gohkimhock > 1 month ago | Report Abuse

if it was Gamuda to announce this project, maybe i will still believe..

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

But I worry how a market cap 200million can get total 6billion project , abit fishy but nvm, I play on rebound

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

Yes, exactly what I’m thinking lol!!!

gohkimhock
if it was Gamuda to announce this project, maybe i will still believe..

Loh Kok Wai W

3,588 posts

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

one day show....

Apple2353

1,641 posts

Posted by Apple2353 > 1 month ago | Report Abuse

can Sendai undertake such huge project? very skeptical

Hotstuff

3,147 posts

Posted by Hotstuff > 1 month ago | Report Abuse

Scammers everywhere dumbass everywhere too

alienbiru

70 posts

Posted by alienbiru > 1 month ago | Report Abuse

nobody know, but confirm is a one day show

Posted by ripcudin78 > 1 month ago | Report Abuse

if anyone still hold, better RUN before too late

Posted by BobHuangB40 > 1 month ago | Report Abuse

yesterday 90% in 1 day is not enough for u ??????
Who actually bought high price?
all the bilis-bilis.

big player run already

Posted by BobHuangB40 > 1 month ago | Report Abuse

yes, better Run. I told to Run. dont want Run.
later below 30 sen, wanna run. stu-pid la

Posted by BobHuangB40 > 1 month ago | Report Abuse

chill, Dickman already Q buy to support price.
Tomorrow when down, Dickman support semua.

Everyone happy!

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

Don’t like that la. I also buy abit support just now ma, 0.33, and q sell at 0.35 to earn some peanuts money , hope can go up by today

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

But I myself really don’t trust this company especially it’s Indian and how they can manage this big amount of money?

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

Unless they going to do right issues

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

If tomorrow the director veloo come out and clarified then maybe the share will increase?

Posted by BobHuangB40 > 1 month ago | Report Abuse

don't worry. Dickman stuck here 9 years. So tomorrow he will sapu all tickets,
tomorrow can enjoy another up 90% day

Posted by biggie0000 > 1 month ago | Report Abuse

Many ppl bleed lol

Posted by BobHuangB40 > 1 month ago | Report Abuse

tomorrow confirm UP 90%

Posted by LeverageLuminary > 1 month ago | Report Abuse

how to bleed? buy low sell high mah

Kasik0rn

155 posts

Posted by Kasik0rn > 1 month ago | Report Abuse

come tomorrow 1 more round

Posted by EngineeringProfit > 1 month ago | Report Abuse

Morning 2 rounds dah kenyang. Don't want to overtrade. Rest....whole afternoon

Posted by RotiBakartelur > 1 month ago | Report Abuse

Tmr confirm another round

azfar8

892 posts

Posted by azfar8 > 1 month ago | Report Abuse

Bagus betul kau morning 2 round menang. Trade untuk aku tgk, kau buat dua round, profit satu round kau amik, berani?

Posted by arztronaut > 1 month ago | Report Abuse

playing with fire?

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Even the old fox ConYY lost at least 3.4 mil to this counter...well, I sold down to 900 shrs, then could not sell any more coz it was below my avg cost by that time.

KingKoil

150 posts

Posted by KingKoil > 1 month ago | Report Abuse

News is out and QR is long to go. Either cut lost or hold till next QR as mid term. Just buy when in deep where T+3 is best time to buy and hold for mid term. Queue for 15c or lower.

KingKoil

150 posts

Posted by KingKoil > 1 month ago | Report Abuse

If you have holding power, try for long term since project will be complete 2030. Long term TP could be few time more than 90% for a day show.

Bmw X5

7,566 posts

Posted by Bmw X5 > 1 month ago | Report Abuse

https://www.bernama.com/en/business/news.php?id=2278800
Eversendai Corp Bhd has submitted tenders worth over RM15bil for structural steel projects, which are highly complex in Saudi Arabia.

In a filing with Bursa Malaysia yesterday, its executive chairman and group managing director Tan Sri AK Nathan said Eversendai has tied up with Algihaz Holding Construction to secure and execute these mega projects.

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

actually since im a shareholder (just now bouight 0.33cents 100k unit aka rm33k) i just look through the financial end report, i didint see any fishy thing? i saw they are actually making quite alot of money from middle east and india, so i think it is worth the bet :D (just my 2cents since im now on boat as well :D)

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

but i cant understand the selling down? maybe just pure taking profit?

TeamRocket

4,511 posts

Posted by TeamRocket > 1 month ago | Report Abuse

https://www.albawani.net/albawani-group/ their partner website, nothing fishy

Realrich

1,310 posts

Posted by Realrich > 1 month ago | Report Abuse

Maybe is fake news his partner never announced getting the huge project in their website. lol sale news to push 100% and down 100% in 3 days.

Sslee

4,733 posts

Posted by Sslee > 1 month ago | Report Abuse

Did anyone know any Malaysia companies able to make money from India?

arv18

2,645 posts

Posted by arv18 > 1 month ago | Report Abuse

you know what's funny? more people made money in sendai over the last week than insas traders made in last year.

arv18

2,645 posts

Posted by arv18 > 1 month ago | Report Abuse

in bursa it pays to look for beaten down counters (even loss making), rather than stagnant value traps.

anthonytkh

1,802 posts

Posted by anthonytkh > 1 month ago | Report Abuse

Check their website for AR and QR

DickyMe

14,357 posts

Posted by DickyMe > 1 month ago | Report Abuse

If Malaysian company cannot make money India, whose fault is that?
Isn't that management's bad decision?
Don't show your discriminative racist behaviour to the world.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Holding my free tickets till US10.00- no fears

Sslee

4,733 posts

Posted by Sslee > 1 month ago | Report Abuse

World Insights: Why multinational companies are quitting India
Source: XinhuaEditor: huaxia2024-01-10 18:08:15

HONG KONG, Jan. 10 (Xinhua) -- A long list of multinational companies has failed in India. Notable cases include General Motors from the United States, Vodafone Group from Britain, Holcim Group from Switzerland, and BYD from China.

It seems only fair for global giants to invest in India which boasts a large and steadily growing domestic market, an ample supply of inexpensive labor, a large group of English-speaking population, decent economic growth and a favorable geopolitical situation.

However, the list of obstacles they face in India is equally long: "regulatory flip-flops, high tariff barriers, red tape, perplexing land policies, infrastructure issues and others tied to the ease of doing business," according to the Indian daily newspaper Deccan Herald.

To make things worse, the Indian authorities do not hesitate to show their ability to subject foreign companies to unfair treatment and even persecution. The third-largest economy in Asia is seeing many foreign firms giving up on the country.

THE INDIAN PARADOX

For foreign companies which expect a predictable, stable, and transparent policy framework and judicial system, the Indian authorities posed extra challenges over operational risks and market competition.

"While the government is making plans to simplify regulatory processes in India, the constant changes give rise to uncertainties," said Neeraj Agarwala, a director at consulting firm Nangia Andersen.

Worse still, there are 26,134 imprisonment clauses in India's business laws, according to an Observer Research Foundation report on the risks of corporations doing business in India.

It has become commonplace for foreign companies in India to face hefty fines for an already long and still-growing list of violations that often ignite controversy in the business community.

"The legislation, rules and regulations enacted by the union and state governments have over time created barriers to the smooth flow of ideas, organization, money, entrepreneurship and through them the creation of jobs, wealth and GDP," said Gautam Chikermane, vice president of Observer Research Foundation.

According to PwC India's former leader on infrastructure Manish Agarwal, although foreign direct investment is still coming to India, strategic investors have stayed away.

"India needs to ensure proper project preparation timelines for public-private projects, provide balanced risk-sharing guidelines, and contracts should be enforced properly," Agarwal said.

RISK OF BLACKMAIL

Recent years have seen the Indian government double down on blackmailing foreign companies with trumped-up charges. Google, Amazon, Nokia, and Samsung have all suffered outrageous fines, while Intel, Wistron and others have also hit snags in the Indian market.

"You can earn money here; you can spend money here, but you can never take what you have earned here back home," some investors in the country have lamented.

qqq47660

8,708 posts

Posted by qqq47660 > 1 month ago | Report Abuse

but India is a democracy lol.

DickyMe

14,357 posts

Posted by DickyMe > 1 month ago | Report Abuse

"Source: XinhuaEditor: "

LOL!

DickyMe

14,357 posts

Posted by DickyMe > 1 month ago | Report Abuse

If not up to expectation can wait another 9 years!

arv18

2,645 posts

Posted by arv18 > 1 month ago | Report Abuse

The Directors of the Company wish to announce that ECB’s subsidiaries in Kingdom of Saudi Arabia (“KSA”), United Arab Emirates (“UAE”) and India have secured new projects worth RM5.4 billion.


The Projects

In KSA, its subsidiary company, Eversendai Engineering Saudi LLC in collaboration with Albawani Company Limited secured the first structural steel signature building from NEOM for the Trojena Ski Village, NEOM’s year-round mountain destination. The scope of work consists of engineering, connection design, material supply, fabrication and installation of structural steel, precast and concreting, metal decking and fireproofing for the iconic mountain resort in Trojena’s Ski Village.

In UAE, its subsidiary company, Eversendai Mega Structure FZ LLC secured the structural steel scope for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah which will feature a 1,500 rooms luxury hotel with world-class shopping, state-of-art meeting and convention facilities, bespoke restaurants and lounges, extensive entertainment choices and other amenities.

Its subsidiary company in India has secured two (2) structural steel projects which includes the Rupa IT Building and the Rupa Crystal IT Building.

With the above new projects, the Group’s current outstanding order book is RM6.6 billion, a record in ECB history.

*4 Projects*

One JV in Saudi Arabia ( Trojena’s Ski Village), one in UAE ( Wynn Al Marjan) and 2 IT buildings in India.

arv18

2,645 posts

Posted by arv18 > 1 month ago | Report Abuse

happy trading - just dun get stuck in value trap counters like insas! ;)

Posted by EngineeringProfit > 1 month ago | Report Abuse

Holding my free tickets till US10.00- no fears

Sslee

4,733 posts

Posted by Sslee > 1 month ago | Report Abuse

I already start selling my insas free tickets. Thank you for the reminder.

Posted by arv18 > Mar 14, 2024 9:44 PM | Report Abuse
happy trading - just dun get stuck in value trap counters like insas! ;)

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