Posted by pang123 > 2017-02-24 09:56 | Report Abuse

Can confirm that market is under going correction. Its not only sendai. The rest will follow.

Posted by 6044 > 2017-02-24 10:22 | Report Abuse

Can you notice other counters with good result their share price either token of higher price or retreating ? Does not look good especially end month due to unknown petrol price increase which will affect sentiment, also Dow Jones keep going up and yet to profit taking, scaring.....

Posted by bleuerouge > 2017-02-24 10:45 | Report Abuse

i noticed that too 6044, are people cashing out and stay away?

Posted by pang123 > 2017-02-24 10:52 | Report Abuse

Dow Jones caught everyone by surprised. Everyone must be thinking when will it stop. It will stop when Trump announced his policy. Probably some bizarre ones. Local market needs some correction too. But due to some shares still supporting the market, the indices still above 1700. An healthy correction around 1700 would be healthy. Anything below 1650 would represent bear.

Posted by pang123 > 2017-02-24 10:54 | Report Abuse

Sendai and persona just bounce back again. How much buying support would there be. Dont expect big jump till their quarterly report.

Posted by 6044 > 2017-02-24 10:55 | Report Abuse

Foreigns buying is confirmed, Local Instituitions & Retailers one day in one day out. What do you think ? Bear in mind parliament sitting starts March and RUU355 is one of contributor factor to Bursa.

Posted by pang123 > 2017-02-24 12:05 | Report Abuse

Foreign buying wont last. They 1 week in 1 week out. All eyes on Trump policy.

Posted by pang123 > 2017-02-24 18:04 | Report Abuse

Persona just announced the quarterly report. No big changes. But persona up today. Next will be sendai. Likey monday

Posted by JosEph Lim > 2017-02-24 21:39 | Report Abuse

KUALA LUMPUR, November 30, 2016 – Eversendai achieved a historic RM2.7 billion order book as at 30 September 2016 as well as secured RM1.8 billion worth of new contracts to-date with the possibility to exceed the RM2 billion threshold before the end of the year.

Posted by undaunted88 > 2017-02-24 22:53 | Report Abuse

beware...bad report ahead!!!

Posted by trader777 > 2017-02-24 23:27 | Report Abuse

When price up, be prepared for terrible result; but when price down, expecting a beautiful result!

Posted by fyda74 > 2017-02-25 16:57 | Report Abuse

http://www.thestar.com.my/news/nation/2017/02/25/saudi-kings-visit-to-boost-bilateral-ties-it-will-help-promote-peopletopeople-links-with-the-kingdom/

Posted by moneykj > 2017-02-26 10:42 | Report Abuse

I guess coming q results will not be excellent but around 8-10m. Still ok.

Posted by moneykj > 2017-02-26 12:10 | Report Abuse

Pls read carefully their comment on last q results:

For 3QFY16, the group's net profit halved to RM7.28 million or 0.94 sen per share from RM14.58 million or 1.88 a share in 3QFY15.

Revenue fell 21% to RM371.36 million from RM471.48 million, the group said in a Bursa Malaysia filing today.

The group said this is mainly due to the timing difference of the near completion of significant projects on hand while the significant new projects are still at the initial stages of execution.

Eversendai has over 20 ongoing projects and attributes the bulk of its revenue to projects based in the Middle East.

What can you interprete from above for coming q and 2017 results?

Posted by pang123 > 2017-02-26 17:43 | Report Abuse

Last year if without impairment, sendai should hava made a better profit. So with more projects up and running, they will certainly do better in terms of revenue and profits. Unless there is a big impairment. They are improving the profit margin.

Posted by pang123 > 2017-02-26 19:59 | Report Abuse

I m guessing the report will be out on tuesday rather than monday with update on new projects. With the Saudi prince is here, sendai will wait for goods news

Posted by pang123 > 2017-02-26 20:12 | Report Abuse

They actually could have exceed rm2B projects last year. But some delay in the announcement of some projects, means this year sendai would have more projects secured. The only weak point is the 2 boats orders from vahana which owned by the ceo and also weak in local projects. Malaysia has many construction and yet they failed to secure most of it. MRT 1 & 2 gone. Hopefully they will get some soon.

Posted by pang123 > 2017-02-27 09:42 | Report Abuse

Guys... beware... as much as i m confident that the coming quarterly report would be better than the last, the 1 I fear the most is the Trump policy which is on Tuesday night. If US market came falling, not sure sendai good quarterly report would be sufficient to uphold the market sentiment. Unless they have some big announcement.

Posted by fyda74 > 2017-02-27 11:19 | Report Abuse

If 2B revenue can archive in 2017. Assume 5% profit margin. EPS will be around 12.92 sens. PE 8. The share price should be RM 1++. Will hold for a year to assess Sendai management.

Posted by pang123 > 2017-02-27 11:26 | Report Abuse

@Fyda74.. they got 1.8 B projects last year. Doesnt mean it will be RM2B revenue. From the previous few quarters, revenue is around rm400m per quarter. Need a big push to reach rm2B. If they can start this year with a bang, there is chance of that happening

Posted by fyda74 > 2017-02-27 11:28 | Report Abuse

https://themalaysianreserve.com/new/story/eversendai-forecasts-over-rm18b-new-contracts-2017-says-nathan

Posted by fyda74 > 2017-02-27 11:29 | Report Abuse

Managing director seems confident towards his goal set for 2017. Let see how the result anyway ^.^

Posted by fyda74 > 2017-02-27 11:34 | Report Abuse

Let hope management no cakap besar. Hehe :P

Posted by pang123 > 2017-02-27 12:10 | Report Abuse

Hahaha. Shall pray hard for some great result today or tomorrow.

Posted by fyda74 > 2017-02-27 12:12 | Report Abuse

Normally Sendai will release financial result with project update etc :)

Posted by moneykj > 2017-02-27 13:43 | Report Abuse

I take the chance to add in some.

Posted by moneykj > 2017-02-27 16:16 | Report Abuse

Should be close at 0.645

Posted by Davidl > 2017-02-27 19:11 | Report Abuse

I think result shall be so so only, nothing surprise.

Posted by pang123 > 2017-02-27 19:16 | Report Abuse

@davidI.. if compared to previous quarter or a year ago, it should do much better. Last quarter revenue dropped below rm400m. Last year they made negative profits. With record outstanding order by end of last year, no more impairment, i expect they do atleast rm400-600m revenue with profit of 5-10%. The ceo has mention they concentrate on improving profit margin in 2016. And also 1st 3 months of 2017 do expect a few big projects announcement too. A lot expect they achieved rm2B order in 2016. It didnt. So it should flow to 2017 due to late announcement in the award

Posted by undaunted88 > 2017-02-27 22:06 | Report Abuse

When u see the price is heading down and down with volume...when the report is holding day by day till last day...still expecting good result ahead? Personally think not....lets see it 2morow.

Posted by calvintaneng > 2017-02-27 22:29 | Report Abuse

Calvin is a slow tortoise all along.

John Lu is the Superman with super energy!

John Lu has done a real skydiving feat!

His position of Top 10 Now Crash Down to No. 120!!

Wow!

This super sorchai skydive without parachute? And no spare parachute?

No wonder so fast falling flying down from 10 position to 120 position!!

No margin of safety? No 30% limit down trading halt?

WOW!! It is TRIPLE LIMIT DOWN

YES! TRIPLE LIMIT DOWN 30% (THREE TIMES DOWN WITHOUT SAFETY NET!)

So Brave Indeed?

Driving Supersonic Car without brake, safety belt or airbag?

NOW MUST CHANGE NAME TO JOHN HOLLAND

SO THE TITLE & CROWN OF HOLLAND KING MUST GO TO JOHN LU

CLAP!
CLAP!!
CLAP!!!

Posted by moneykj > 2017-02-27 23:05 | Report Abuse

Tak habis2 Calvin the joker ini. I'm confident the price is bottoming out. That's y I added some more today. See can match my estimation earning of 8-10m or not. So, Calvin, will you rather to buy Binapui or this counter? Which one you choose?

Posted by pang123 > 2017-02-28 09:16 | Report Abuse

Wow. Keeps dropping.. is it really got issue with their quarterly report? Anyone got any news to share? Looks very attractive now

Posted by pang123 > 2017-02-28 09:37 | Report Abuse

Anyone can share what is happening!??

Posted by edragon777 > 2017-02-28 10:08 | Report Abuse

will it drop to bottom dip of dec last year 0.505?

Posted by pang123 > 2017-02-28 10:13 | Report Abuse

really not sure what is happening. Really bad quarterly report? They already done with impairment. they already achieved record sales. Means they should be having a good quarter. But why is this happening?

Posted by Vic Lee > 2017-02-28 10:19 | Report Abuse

why want to guess about the results based on chart?go study how this company works better

Posted by Davidl > 2017-02-28 10:27 | Report Abuse

Red Alert! Do Not catch falling knife!

Posted by Alvin Yap > 2017-02-28 10:27 | Report Abuse

Drop again. What is the best price to stocking>? hehe~

Posted by pang123 > 2017-02-28 10:30 | Report Abuse

Certainly this is the challenging part. Catching a FALLING KNIFE!! Still believed they have done 1 of the best quarter. And maybe some projects annoucement..

Posted by edragon777 > 2017-02-28 10:31 | Report Abuse

most likely ppl trying to secure profit taking before the uncertainties of report release...

Posted by lloydlim > 2017-02-28 10:39 | Report Abuse

Possible a disappointment quarterly result ahead, be cautious guys!

Posted by MoneyFace88 > 2017-02-28 10:42 | Report Abuse

30 million profit

Posted by pang123 > 2017-02-28 10:46 | Report Abuse

Moneyface88... where you get the 30M?

Posted by Abu Halim > 2017-02-28 10:49 | Report Abuse

ppl are dumping and cause chaos about selling.. so they can buy at lower price..

Posted by Abu Halim > 2017-02-28 10:52 | Report Abuse

If the fundamental is good this is the best time to buy

Posted by edragon777 > 2017-02-28 10:57 | Report Abuse

problem is with that '' if ''...no one knows who and what is cooking behind the scene, until the moment it revealed itself

Posted by pang123 > 2017-02-28 10:58 | Report Abuse

Nope. I doubt people selling to drag down the price to buy. They has been falling from 77sen to now 58.5sen. Way to much for that. I suspect is the Trump policy would affect middleast. Sendai business mostly based in MENA. They are very weak locally.

Posted by undaunted88 > 2017-02-28 11:06 | Report Abuse

Price drops from 730 to 650...still expecting good result....then again drop below 600...still again report will be good...come on...wake up...insider alrd tell u how it will looks like with this dumping!

Posted by calvintaneng > 2017-02-28 11:17 |

Post removed.Why?