Posted by susielow > 2015-03-09 20:01 | Report Abuse

Huat ah !!!, Luckily I bought some 2 week ago at 63 cents. Now can smile a bit n will keep until year end . Next resistance 80 cent. Other counter to watch { GHLSYS,INARI,BENALEC,PUC FOUNDER,P/METAL,WINTONI.}

Posted by tan damien > 2015-03-09 20:43 | Report Abuse

88729- when U help to limit up?

Posted by Tarita > 2015-03-10 09:15 | Report Abuse

ready for sendai......

Posted by yoda88 > 2015-03-10 10:56 | Report Abuse

Sendai trending on a positive note, teing itsresistance of 0.78, once breach it will scale to 0.85

Posted by Ulul Azmi > 2015-03-10 12:45 | Report Abuse

me too..bought already..wow so many buy que..thanks everyone

Posted by 88729 > 2015-03-10 15:12 | Report Abuse

I wish to remind all friends here, go buy Sendai, sure money

Posted by yoda88 > 2015-03-10 15:18 | Report Abuse

sendai once 0.78 is broken then it will be trading on a bullish ground.

Posted by tan damien > 2015-03-10 15:51 | Report Abuse

Yoda88 looks like will break. Hope can hold

Posted by Tarita > 2015-03-10 16:52 | Report Abuse

useless sendai... very useless

Posted by DickyMe > 2015-03-11 10:00 | Report Abuse

LOL..seems like a contra player's retort!

Posted by Pudica > 2015-03-12 11:18 | Report Abuse

Lol, given chances for me to load more =)

Posted by iqie > 2015-03-12 15:18 | Report Abuse

wait next month. New Contract secure.. seem like new CFO doing great..

Posted by DickyMe > 2015-03-12 16:39 | Report Abuse

Iqie, on the way to be MILLION HAIR!

Posted by bluesky908 > 2015-03-13 22:44 | Report Abuse

Hope next week up to 0.80.

Posted by Jeff Lim > 2015-03-14 22:37 | Report Abuse

must break 0.78 first.

Posted by iqie > 2015-03-15 13:54 | Report Abuse

This year, they target to achieve highest order-book ever. If they can achieve it, sure RM 2!

Posted by iqie > 2015-03-15 22:48 | Report Abuse

Oil price drop ? Keep calm and spend...

http://www.dailystar.com.lb/News/Middle-East/2015/Mar-15/290834-qatar-200b-spending-spree-on-track-despite-oil-price-drop.ashx

Posted by tjhldg > 2015-03-15 22:59 | Report Abuse

:)

Posted by hcsjeff > 2015-03-16 03:14 | Report Abuse

Good news, sendai has a good name in Qatar...high chance of winning more contracts. Stay faithful...

Posted by DickyMe > 2015-03-16 12:50 | Report Abuse

DickyMe Better for EPF to get lost! Fortunately, now they hold only about 6%

05/03/2015 00:09

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Hey EPF! Bila mahu jual balance 6% ?? Baik ko belah jer la!

Posted by iqie > 2015-03-16 12:57 | Report Abuse

lagi cepat EPF blah, lagi baik... we need more liquidity, sebab Ak mmg takkan jual saham dia.

harap-harap hujung bulan ini boleh close above RM1.00

Posted by iqie > 2015-03-16 14:14 | Report Abuse

Terbaik, 246 juta dari saudi ! Rm2 bukan lagi angan2.

Posted by ms749 > 2015-03-16 14:19 | Report Abuse

Eversendai wins RM246m Saudi contracts http://www.nst.com.my/node/76695

Posted by aa111111 > 2015-03-16 14:19 | Report Abuse

huat huat ....

Posted by iqie > 2015-03-16 14:56 | Report Abuse

It just a begining.. more to come !

EVERSENDAI WINS RM 246 MILLION SAUDI CONTRACTS

Kuala Lumpur, 16 March 2015 – Eversendai Corporation Berhad, a provider of specialist
engineering and construction services has won 2 new contracts worth RM246 million
through its subsidiary company in Saudi Arabia.

The first contract valued at RM203 million; awarded by the BACS Joint Venture comprising
of Saudi Arabian Bechtel Company, Almabani General Contractors and Consolidated
Contractors Company WLL, is to construct the East, North & South Depots of the Riyadh
Metro project - Package 1 (Lines 1 and 2) for the Riyadh Development Authority.

The Riyadh Metro is a rapid transit system and is part of the Riyadh Public Transport Project
(RPTP). The new metro system will fulfil the demands of the growing population and will also
reduce traffic congestion and improve air quality. The scope of work undertaken by
Eversendai includes connection design, supply, fabrication, erection of steel work,
application of intumescent fire proofing; inclusive of complete envelope cladding works for
roofing and walling, and is scheduled to be completed by October 2016. This steel work
package is the first of the steel works package in this Riyadh Metro development and
Eversendai is optimistic of securing more steel works packages in this USD22.5 billion mega
project.

Posted by DickyMe > 2015-03-16 15:01 | Report Abuse

farcup7 research house still not convince despite sendai already bagged 3 contracts this year. sendai need to improve its deteriorating margin. hopefully next Q result will show some improvement, hence the confidence from investors.
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Who cares about local research houses' opinion?? Sub-standard analysis!

I think order book reached RM1B...kikkiki..EPF kempunan!!!! kekekeke

Posted by tan damien > 2015-03-16 15:08 | Report Abuse

Wow. Another contract. Hope research house will upgrade target price.

Posted by iqie > 2015-03-16 15:09 | Report Abuse

With this contract, i'm sure orderbook have reach RM2 billion !

Posted by tan damien > 2015-03-16 15:09 | Report Abuse

Research house upgrade does help to boost up price to higher level.

Posted by adrian0229 > 2015-03-16 15:46 | Report Abuse

80cents...still can buy?

Posted by iqie > 2015-03-16 16:41 | Report Abuse

Baru 80 sen.. dulu harganya 1.70 !

Posted by bluesky908 > 2015-03-16 17:17 | Report Abuse

Today up 0.05, good.

Posted by greatfunds > 2015-03-16 17:53 | Report Abuse

Cautiosly optimistic. LCL , Rainhill, WCT ,IJM, Road builder, had been set back in Middle East, after all, Ever Sendai is in high gearing, servicing interest payment almost RM20 million per annum.

Posted by Pudica > 2015-03-16 18:11 | Report Abuse

hope tomorrow will up another 0.05=)

Posted by iqie > 2015-03-17 06:49 | Report Abuse

To date. Revenue This year will be AT LEAST ~RM1.5 billion (if they don't secure any project after this) (highest since 2010)

Base of my calculation (as 16/03/2015):
2015 order-book run rate = RM 1.49 Billion x (4%PATAMI margin) = ~RM60million Profit.
2016 order-book run rate = RM 764 million
2017 order-book run rate = RM 25.4 million

More to come. They are targeting to secure at least RM 1.6 billion new contracts this year. (To date RM863mil, half way to go)

Posted by greatfunds > 2015-03-17 11:13 | Report Abuse

Sendai is an oil price correlated counter, downward of crude oil is detrimental to its share uptrend

Posted by iqie > 2015-03-17 11:23 | Report Abuse

Maybank TP : RM0.87
HLG TP : RM0.98
Kenanga TP : RM0.90
TA TP : RM1.10

Posted by DickyMe > 2015-03-17 11:27 | Report Abuse

Oil is not core business, I doubt they are into oil production.

Posted by ybka > 2015-03-17 11:50 | Report Abuse

so far the only job related to o&g is the project awarded by AK's own company...

Posted by iqie > 2015-03-17 11:56 | Report Abuse

Yes. Once they secure third party project... Boom! AK son, Narish Still Owe their Word.. At lease 4 Job from O&G division (Rig). But he still have time..

Posted by greatfunds > 2015-03-17 12:42 | Report Abuse

Oil prices sensitivity and high gearing are major factors keeping this counter less attractive.

Posted by DickyMe > 2015-03-17 14:10 | Report Abuse

Duh!!

Posted by muniandi > 2015-03-17 14:25 | Report Abuse

I don't give a dime for research reports, I bought sendai at 0.605,no research reports or at best all negative

Posted by myob > 2015-03-17 14:56 | Report Abuse

Good one muniandi , I am like you, Anyway well managed company not like the 70% conman company in Brusah !!

Posted by ybka > 2015-03-17 15:30 | Report Abuse

@greatfunds it's depends on your entry price. it went down to 0.50 last time. even no projects from o&g for this year, it wont affect them as they have nv receive any o&g contracts from other parties b4.

Posted by iqie > 2015-03-17 15:45 | Report Abuse

0.6 is normal.. they never fail to pay back.. and most of them are islamic sukuk. Low interest.

Posted by iqie > 2015-03-17 16:57 | Report Abuse

Today T4, looking foward for tomorrow.

Posted by Lucas Chan > 2015-03-17 20:40 | Report Abuse

hahaha~ buy on rumours sell on news?

Posted by bluesky908 > 2015-03-17 23:41 | Report Abuse

alamak, Why today drop 3cent? hv good news still drop.

Posted by MZRTrade > 2015-03-18 08:39 | Report Abuse

eversendai akan jadi evergreen..ever ever naik pasni.. hoho