@Weechichi .... billing is based on contract completion stages, company has option lets say 30% completion during the quarter and YTD is 95%, they can raise only 20% billing and recognise the 20% associated cost.... instead of 30% and reserve the 10% for next qtr.... rather than bill 30% this qtr and then 0% next qtr
Not necessarily it will be sell down tomorrow,at least Sendai is making profitable Q1 and not making loses,,be confident that its price might be pushing up too
Sendai reported reduced profit of 0.05 sen EPS for the quarter ending March 2024. It reported 7.4 sen EPS for the previous quarter ending December 2023. That is why its share price has been dropping in the last 2 days. Fortunately, I sold all my holdings and made some profit. It will continue to drop because smart investors do not buy any company that reported reduced profit. After seeing the reported reduced profit, all smart investors will rush to sell their shares more aggressively tomorrow. Koon Yew Yin
This uncle ky statement is irresponsible. Not long ago, forward PE was used to fool retail investors into chasing up the stock price, and now it is making irresponsible remarks to create panic selling. This old man really is a stock market garbage.
I told u many times this thambi has a track record of very busy but not making money. Last 3 mths only rm4.5 mil profit over rm400mil revenues. Busy but no money. Back to 20 cents la. Kyy? He has a track record of making big mistakes as well.
Today operator is stabilising it off lows IN ORDER TO ESCAPE.
Imagine 400m revenue haven’t added in the 5.5BILLION project, if added in revenue at least 800million a quarter and PAT maybe 100-150million no problem
Regardless, today’s price of 0.60x still a double bagger of 0.30x when the fear was instill during the range. A matter of lesser profit or what not. Cheers.
You don’t add more tou regret later, I just now takut takut add more at 0.6 and now pure profit gain already, today maybe close green also possible because company insider know this will up to rm1.3 before the nxt qr
If the company doesn’t have future project on hand and loss then sell down, but this is not, I will advise uncle kyy to faster buy back and not regret it later when it reach rm1.4
Maybe I should write an open letter to Uncle KYY to start buying sendai because it is sitting on a heavy sum of Order book, not 500million but it’s 5:5BILIION order book!
15c no one wants...no one DARES when that was the best time to buy....now almost 5-FOLD increase then all sorts of 'young' fools jump in...at least my cost was only 35c. Sold early also at least not bitten by the 90-year-old-sharemarket felon. KonKYY should be trialed & convicted like Donald Trump for lying & stealing!
At present level, it's safe to buy, so just buy below 70. With 5.5B order book, Sendai will be busy, having work to be done, hopefully there will be profit to be made. I said 'hopefully'.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SyedZZ
48 posts
Posted by SyedZZ > 2024-05-30 18:50 | Report Abuse
Back to back profitable QR after years in the red. This year will be a great year for Sendai.