Posted by iqie > 2016-02-29 18:43 | Report Abuse

0.5 sen dividend ? What a joke !

Last year (2014) untung lagi rendah dapat bagi 1.25sen. Tahun ini (2015) untung tinggi tapi bagi 0.5 sen je ?

Fight dlm agm mcm ni.

Posted by lks_5291 > 2016-02-29 19:07 | Report Abuse

Omg... 0.5 sen dividend... haha...

Posted by newbiehk2014 > 2016-02-29 20:12 | Report Abuse

no more fish can only get shrimp loh...

Posted by i_investor > 2016-02-29 21:37 | Report Abuse

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PRESS RELEASE
For Immediate Release

EVERSENDAI ANNOUNCES SURGE IN REVENUE AND PROFIT


KUALA LUMPUR, February 29, 2016 – Eversendai Corporation Berhad today reported its
fourth quarter and unaudited results for the financial year ended 31 December 2015.


The Group reported a revenue and profit after tax of RM489.3 million and RM10.4 million,
respectively, for the quarter ended 31 December 2015, as compared to the corresponding
quarter ended 31 December 2014 of RM308.5 million and RM16.4 million.


For the year ended 31 December 2015, the Group registered a revenue and profit after tax,
which stood at RM1,788.8 million and RM62.2 million respectively, as compared to
RM1,002.8 million and RM36.4 million for the year ended 31 December 2014.


The Group’s revenue continued to be dominated by its operations in the Middle East, which
has accounted for 70.7% of the Group’s revenue during the current financial period. The
Group’s remaining revenue was derived from the steel fabrication contracts as well as the
power and petrochemical plant projects in Malaysia (20.8%) and construction industry in
India (8.5%).


The Group’s order book currently stands at RM1.7 billion, with projects worth RM271 million
being secured in the fourth quarter of 2015. These include the connection design, supply,
fabrication and erection of steel for a rapid transit system’s elevated station in Saudi Arabia;
Fabrication, supply and erection of steel structure for Top Glove’s factory in Malaysia; A
contract for steel structure and above-ground piping installation for Toyo Engineering &
Construction Sdn Bhd as part of the RAPID Package 5 project, as well as 2 contracts for
module fabrication works and supply of a Tri-Ethylene Glycol (TEG) unit for the ADGAS Das
Island project in Abu Dhabi.


More at : http://www.bursamalaysia.com/market/listed-companies/company-announcements/5016305


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Posted by smithy6264 > 2016-03-01 10:03 | Report Abuse

rubbish counter...

Posted by Old90 > 2016-03-01 11:38 | Report Abuse

Eversendai Corp - Strong rebound in earnings
2015 core net profit doubled
Eversendai’s 2015 core net profit rebounded strongly by 100% YoY riding on its stronger outstanding orderbook. The results are however below our expectation, likely due to variation costs incurred. Forward earnings growth could be stronger when these variation orders are recognised. Our earnings forecasts are unchanged pending an analyst briefing on 3 Mar 2016. Maintain BUY at MYR1.00 TP, based on 12x 2016 PER.
http://klse.i3investor.com/blogs/kltrader/92327.jsp

Posted by i_investor > 2016-03-01 13:19 | Report Abuse

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MAYBANK IB maintain BUY for SENDAI at MYR1.00 TP

http://klse.i3investor.com/servlets/staticfile/278576.jsp


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Posted by smithy6264 > 2016-03-01 14:02 | Report Abuse

sell this counter...heading to below 0.6

Posted by i_investor > 2016-03-01 14:45 | Report Abuse

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MAYBANK IB maintain BUY for SENDAI at MYR1.00 TP

http://klse.i3investor.com/servlets/staticfile/278576.jsp


RECAP:


Evensendai tipped to bag structural steel works contract for KL118 Tower :
http://www.theborneopost.com/2015/12/29/evensendai-tipped-to-bag-structural-steel-works-contract-for-kl118-tower/#ixzz3yca0eIhL


Eversendai in strategic partnership to compete better in tenders: http://www.thestar.com.my/business/business-news/2015/12/22/eversendai-in-strategic-partnership-to-compete-better-in-tenders/

Eversendai clinches contracts worth RM316m: http://www.thesundaily.my/news/1619190

Eversendai bags RM246m Saudi contracts: http://www.thesundaily.my/news/1356604

Eversendai bags RM120m contract : http://www.thesundaily.my/news/1325475

Eversendai bidding for RM23b jobs : http://www.thesundaily.my/news/1475250

Eversendai ventures into Thailand : http://www.thesundaily.my/news/1627920



HLIB has raised its target price for Eversendai to RM1.55 (from RM1.06 previously), which implies an 18.9 times its 2015 earnings, and a more reasonable 13 times and 10.5 times 2016-2017 earnings, respectively.

According to HLIB, Eversendai’s earnings are set to recover strongly, backed by an all-time high orderbook and surging job wins.

Eversendai’s orderbook is now valued at RM2bil, which translates to a strong cover ratio of two times, compared with its historical range of 1.1-1.6 times.

So far this year, the group has bagged RM864mil worth of jobs, which accounted for 62% of HLIB’s RM1.4bil full-year target.

Another RM804mil worth of contracts could be forthcoming in the next six months, supported by developments in the Middle East and India, as well as the Refinery and Petrochemical Integrated Development project and the KL118 Tower project locally.
(http://www.thestar.com.my/business/business-news/2015/06/16/eversendai-stays-a-buy/)


Large-scale infrastructure projects such as the MRT, LRT, PBH and HSR will proceed.

The MVV (Sime Darby Bhd-Employees’ Provident Fund), the CCC (Malaysian Resources Corp Bhd) and the HSR will be implemented on a public-private partnership basis, hence private investments will reduce the burden on the government’s finances.

Meanwhile, Rapid will continue to be developed by Petroliam Nasional Bhd due to committed investments in building the refinery and oil storage facilities.

The MRT, LRT and PBH will be funded by government-guaranteed bonds raised by DanaInfra Nasional Bhd, the government’s special-purpose vehicle to finance infrastructure projects.

Hence, it is not affected by the cut in development expenditure since DanaInfra’s government-guaranteed bonds are just a contingent liability, of which repayment and debt servicing will come from operating expenditure in the future. (The Edge)


https://www.youtube.com/watch?v=yAFIR_bEBYU

https://www.youtube.com/watch?v=HCRYgsVDY94


EVERSENDAI Oil & Gas : http://www.eversendai-og.com/web/

EVERSENDAI OFFSHORE: http://www.eversendaioffshore.com/about-us/corporate-profile/

SENDAI : http://www.eversendai.com/web/

SENDAI EARNINGS, PRICE , DIVIDENDS : http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458002G0


MAYBANK IB maintain BUY for SENDAI at MYR1.00 TP

http://klse.i3investor.com/servlets/staticfile/278576.jsp


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Posted by rylyaoming > 2016-03-01 15:52 | Report Abuse

still have faith on it

Posted by iqie > 2016-03-03 17:16 | Report Abuse

Orderbook untuk sendai seperti dalam pebentangan tadi:

2016 : RM1.3 bilion.
2017 : RM400 juta.
2018 : RM40juta.

Jika tahun ini dapat tambahan RM300juta ke RM500juta sudah cukup baik

Posted by skybursa > 2016-03-04 10:57 | Report Abuse

Downgrade by kenanga & cut target price by HLG

Posted by kelah2001 > 2016-03-05 21:14 | Report Abuse

Management guides that it could possibly announce RM500m worth of contract wins within the next month or so. This is likely to comprise structural steel for KL118 (RM300m) and other smaller jobs such as a power plant in Thailand, Jimah 3B and the Dubai Eye.... HLG
TP: 84 sen
Keep for another month?

Posted by Old90 > 2016-03-14 12:40 | Report Abuse

Rebound come soon. Will breakout 0.740 and above.

Posted by iqie > 2016-03-14 15:04 | Report Abuse

Rm2billion contract on the way this year..

Posted by colonese > 2016-03-14 17:07 | Report Abuse

end of the month hit 0.800 contract is coming soon

Posted by kwongliang > 2016-03-15 15:34 | Report Abuse

so confident kah?

Posted by i_investor > 2016-03-21 11:09 | Report Abuse

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Tally of unaccounted-for oil hit highest level in 17 years in 2015; oil data is ‘an imperfect science’

Others believe the barrels were created by flawed accounting and they don’t actually exist.

If they don’t exist, then the oversupply that has driven crude prices to decade lows could be much smaller than estimated and prices could rebound faster.

Barrels have gone missing before, but last year the tally of unaccounted-for oil grew to its highest level in 17 years. At a time when the issue of oversupply dominates the oil industry, this matters.

“If the market is tighter than assumed due to the missing barrels, prices could spike quicker,” said David Pursell, managing director at energy-focused investment bank Tudor, Pickering, Holt & Co. [ THE WALL STREET JOURNAL]

[ THE WALL STREET JOURNAL]
http://www.wsj.com/articles/crude-mystery-where-did-800-000-barrels-of-oil-go-1458207004


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Posted by i_investor > 2016-03-23 13:43 | Report Abuse

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Organization of the Petroleum Exporting Countries (OPEC) expects upsurge in oil prices with or without Iran .

https://www.rt.com/business/336573-opec-oil-iran-production/

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Posted by i_investor > 2016-03-23 13:56 | Report Abuse

https://www.youtube.com/watch?v=wuao5gETZQU

Posted by i_investor > 2016-03-31 11:36 | Report Abuse

https://www.youtube.com/watch?v=IyUiqsa7PZA

Posted by i_investor > 2016-03-31 15:58 | Report Abuse

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• Four-Year €1 Billion Project Completed by a Global Consortium of GE, Mudajaya and Shin Eversendai, wholly-owned subsidiary of Eversendai Corp Bhd.

GE’s Steam Power Systems, together with its consortium partners Mudajaya and Shin Eversendai, has executed the engineering, procurement and construction agreement for the plant. The ultra-supercritical, coal-fired power plant, which commenced construction in March 2012, was completed in 2016, (on schedule in four years).

http://www.newswiretoday.com/news/157931/

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Posted by i_investor > 2016-03-31 16:29 | Report Abuse

http://sputniknews.com/asia/20160331/1037244352/china-us-oil-imports.html

Posted by i_investor > 2016-03-31 16:29 | Report Abuse

http://www.afr.com/business/energy/oil/multiyear-bull-run-begins-for-oil-says-pierre-andurand-20160330-gnulfc

Posted by i_investor > 2016-03-31 16:31 | Report Abuse

http://economictimes.indiatimes.com/markets/commodities/news/crude-oil-inches-up-in-futures-trade/articleshow/51614937.cms

Posted by i_investor > 2016-03-31 16:31 | Report Abuse

http://calgaryherald.com/business/energy/trader-who-predicted-oil-slump-now-calling-for-a-bull-run-on-crude

Posted by iqie > 2016-04-01 15:35 | Report Abuse

Bad news, eversendai kena ban dari dapat project dari Qatar stadium. Kes pekerja asing.

Harap AK nathan selesaikan cepat.

Posted by kwongliang > 2016-04-01 17:24 | Report Abuse

http://www.theguardian.com/global-development/2016/mar/31/migrant-workers-suffer-appalling-treatment-in-qatar-world-cup-stadiums-says-amnesty

Migrant workers suffer 'appalling treatment' in Qatar World Cup stadiums, says Amnesty

Posted by iqie > 2016-04-01 17:35 | Report Abuse

Mana gaji tak bayar lambat,main contractor pun bayar lambat..

Selamat eversendai dah explore south east asia...kurang sikit bergantung pada pak arab.

Posted by BudakXPandai > 2016-04-01 18:43 | Report Abuse

http://www.theguardian.com/global-development/2016/mar/31/migrant-workers-suffer-appalling-treatment-in-qatar-world-cup-stadiums-says-amnesty

Eversendai said it had stopped dealing with the two labour supply companies, had no intention of working with them in future, and would engage direct labour “wherever possible”. It said it was now in full compliance with welfare standards.

Posted by iqie > 2016-04-04 09:28 | Report Abuse

Selamat dia respon cepat..

Nampaknya sendai tetap akan bid projek world cup yang lain. Harap2 cepat clear case ni..

Tapi tak boleh bergantung sangat pada pak arab lagi, baik fokus south east asia, buat power plant.

Posted by kelah2001 > 2016-04-04 18:21 | Report Abuse

EVERSENDAI CORPORATION Berhad had acquired an additional 23,438,100 ordinary shares in Technics Oil & Gas Ltd. representing 10.25%, increasing its shareholdings from 19.62% to 29.87%. Following the appointment of the Company's representatives to the Board of TOGL on 1st April 2016, TOGL becomes an associated company of ECB.

Steady Eversendai... Good move!

Posted by iqie > 2016-04-04 22:01 | Report Abuse

Seperti dijangka, Ak mesti ambil kesempatan kejatuhan harga saham technic, dapat kuasai 29%, cukup untuk singkirkan EC/MD sedia ada, dan lantik diri beliau sebagai Excutive Chairman dan Managing Director yang baru. Beliau bawa masuk anak dia narish sebab non exec bod sekali.

Hebat...

Posted by i_investor > 2016-04-05 10:43 | Report Abuse

http://www.technicsgrp.com/home.html

Posted by i_investor > 2016-04-06 09:42 | Report Abuse

Oil Extends Gain Amid Freeze Pact Optimism, Declining Supplies

Oil extended gains for a second day after Kuwait said a deal to freeze output can be reached without Iran and U.S. industry data showed crude stockpiles declined.

http://www.bloomberg.com/news/articles/2016-04-05/oil-extends-gains-as-kuwait-says-iran-isn-t-needed-for-pact

EVERSENDAI OFFSHORE: http://www.eversendaioffshore.com/

EVERSENDAI: http://www.eversendai.com/web/

EVERSENDAI OIL & GAS: http://www.eversendai-og.com/web/

http://www.technicsgrp.com/home.html

SENDAI PRICE EARNINGS: http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458002G0


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Posted by i_investor > 2016-04-06 09:59 | Report Abuse

good, hope that it drops further, can collect and add more when it drops at cheaper price !

Posted by iqie > 2016-04-06 10:43 | Report Abuse

Bulan june nanti pelabur akaun syariah dan pelabur dana syariah sudah boleh beli semula saham ini. AK kata lepas ini kaunter ini akan kembali patuh syariah. Masa itu jika.harga minyak sekitar 50usd, sukar dah nak dapat harga 0.70.

Posted by newbiehk2015 > 2016-04-06 10:54 | Report Abuse

H

Posted by supermix88 > 2016-04-07 06:16 | Report Abuse

i_investor good, hope that it drops further, can collect and add more when it drops at cheaper price !
06/04/2016 09:59


Yes, I am adding everyday.

Posted by supermix88 > 2016-04-07 18:44 | Report Abuse

just carry on buying for good returns.

Posted by iqie > 2016-04-10 21:13 | Report Abuse

Peluang buat eversendai. Pencakar langit terbaru di dubai.

www.theguardian.com/world/2016/apr/10/dubai-plans-skyscraper-taller-than-burj-khalifa

Dubai is reaching for the sky once again, with the developer of the world’s tallest building vowing to build an even taller tower bedecked with rotating balconies and elevated landscaping inspired by the mythical hanging gardens of Babylon.

Mohamed Alabbar, chairman of the company behind the project, Dubai-based Emaar Properties, said the viewing tower would cost about $1bn.

He said the final height would be announced upon completion, adding that his company would like to present the tower as a “gift to the city before 2020,” the year Dubai hosts the Expo trade fair.

Designed by the Spanish-Swiss architect Santiago Calatrava Valls, the tower will have observation decks and 18 to 20 mixed-use floors that will host restaurants and a boutique hotel, Alabbar said.

Burj Khalifa, which opened in January 2010, is 828 metres (2,700ft) and cost $1.5bn.

Alabbar described the new structure as an “elegant monument” that would add value to property being developed by the company along the city’s creek.

“Many would like to have a view” when considering buying a property, he said.

The tower will be slender, evoking the image of a minaret, and will be anchored to the ground with sturdy cables, Emaar said.

Dubai has established a reputation for building dozens of futuristic skyscrapers, which have transformed its skyline.

Saudi Arabia’s Kingdom Holding is building a tower in Jeddah that is projected to surpass Burj Khalifa, rising more than 1km into the sky.

Posted by rylyaoming > 2016-04-13 10:41 | Report Abuse

Why still no new project announcement ?

Posted by iqie > 2016-04-13 10:50 | Report Abuse

AK Nathan punya style, dah nak dekat Q report baru dia umumkan, jadi mungkin bulan depan sebelum Q1 report keluar.

KWSP dah start jual sikit. macam tahun lepas, jual sikit kemudian beli balik untuk push harga sampai RM1.05.. Tahun ini harap-harap dapat push tinggi sikit..sentimen harga minyak pun agak baik.

Posted by rylyaoming > 2016-04-13 11:15 | Report Abuse

Q report at end of May ? Or April

Posted by rylyaoming > 2016-04-13 11:16 | Report Abuse

Ya epf start dispose

Posted by iqie > 2016-04-13 12:07 | Report Abuse

Q1 report End of may...

Posted by rylyaoming > 2016-04-13 12:52 | Report Abuse

Hope for good result ... Holding 5 months already for this stock

Posted by iqie > 2016-04-13 19:52 | Report Abuse

Maybe not so good result on paper, impairment loss will be account in Q1. Apa pun broker house sudah ambil kira dalam Target price sebelum ini, cuma harap margin untung meningkat.

Posted by BudakXPandai > 2016-04-14 17:46 | Report Abuse

S-Con Thailand, how much will it contribute to sendai's Q1 earning? any idea?

Posted by iqie > 2016-04-15 02:52 | Report Abuse

S-con belum ada project, tiada kesan pada Q1. Mungkin dalam Q2 atau Q3 baru ada, mungkin dalam kontrak bernilai RM500juta tu ada projek dari thailand, AK kata dia masuk thailand pun sebab ada orang jemput masuk tender dan nak eversendai dapat projek. Tengok jelah bulan depan.