EVERSENDAI CORPORATION BERHAD

KLSE (MYR): SENDAI (5205)

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Last Price

0.565

Today's Change

-0.025 (4.24%)

Day's Change

0.56 - 0.595

Trading Volume

2,913,900

Changes
Ann. Date Date Type Name Title View
Discussions
12 people like this. Showing 50 of 13,209 comments

Abc 123

Good job for today.. 🚀🚀

1 month ago

kangcs

Eversendai Construction Pvt Ltd, a globally recognized leader in structural steel design, detailing, and fabrication, is looking for talented engineers to join its dynamic team in Chennai and Trichy. We specialize in delivering complex infrastructure and high-rise projects worldwide, offering a collaborative and innovative work environment that encourages professional growth.

1 month ago

Progicer

My dear sendai

1 month ago

kangcs

Sendai MYdear

1 month ago

kangcs

SENDAI – Realising Strong Order Book Into Earnings
SENDAI specialises in structural steelworks and energy projects, with operations spanning SEA, India, North Africa, and the Middle East. Its expertise includes structural steel design, fabrication, erection, and mechanical installations for power plants, oil and gas facilities, and offshore platforms.
Record order book of RM6.7bn, driven by the new contract wins worth RM1.1bn in India, Singapore and Saudi Arabia.
SENDAI to supply steel beams for Trojena Ski Village Project in Saudi Arabia. The first steel structure was installed on 20th Jun, and met the first contractual milestone. Project progress is expected to accelerate from Nov-2024, leading to increased revenue and profit contributions for SENDAI in 2025.

1 month ago

mf

target 0.880

1 month ago

Michael Kwok

Sendai 65 cents.
Do u see the rm 1 in my pass messages
30/12/24 3.35pm
Do the next quarter look any better,a doubt.but if it go for 2 consecutives quarter of strong profit let say 25-40 million net profit,there will be something intresting.tp rm 1.
Looking for early december then talk again.
24/11/24 11.20am

1 month ago

mf

target 0.880

1 month ago

kangcs

Today is 30th December 2024 lol

1 month ago

berryayun

Vroom vroom

1 month ago

Tokyolo

Take profit

1 month ago

Risktaker79

It’s just the beginning towards better performance

1 month ago

InfinityTifanny

The war in the Middle East has subsided. Happy New Year, guys

1 month ago

kangcs

Happy New Year 2025, Thank You Eversendai. Hope Can Get A GOOD PROFITS in Year 2025

1 month ago

yongyong88

Can it break 0.70 or fall below 0.60 before cny?

1 month ago

pang72

https://bernama.com/en/news.php?id=2338451
Total order book $6.7B
Digest yourself for the upcoming profits

4 weeks ago

pang72

This Eversendai is nevergodied

4 weeks ago

pang72

As strong as armada..
But, armada is fully value... At 60c

Sendai is 2nd round goreng from 67c to $1

4 weeks ago

pang72

Nathan said the projects would progressively enhance Eversendai’s turnover and profits.

“The Eversendai group is on the path to reach greater heights in 2025 and beyond with the record high order book in hand,” he said.

4 weeks ago

kangcs

Well Said brother

4 weeks ago

mf

target 0.880

4 weeks ago

yongyong88

0.70 broken, Can it sustain above 0.70? If it manitains above 70, Next 0.80?

4 weeks ago

pang72

Lai liao

4 weeks ago

pang72

$1 $1 $1

4 weeks ago

pang72

Nathan is turning desserts to ski resort

4 weeks ago

pang72

Nathan is turning desserts to ski resort

4 weeks ago

pang72

After breaking 78.5c, uncle YY will send his troops herein Sendai to fight for $1

4 weeks ago

pang72

After breaking 78.5c, uncle YY will send his troops herein Sendai to fight for $1

4 weeks ago

kangcs

Soon will break 78sen then after going up to another Higher

3 weeks ago

mf

sell

3 weeks ago

Progicer

support broken gg

3 weeks ago

Risktaker79

Support broken … ?? 😁😁😁

3 weeks ago

kangcs

Support came. Back.... Next is shooting up

3 weeks ago

mf

5205 SENDAI, EVERSENDAI CORPORATION BERHAD - +
MATERIAL LITIGATION
10 Jan 2025, 07:00
MATERIAL LITIGATION
MATERIAL LITIGATION
Shah Alam High Court Civil Suit No: 22C-8-04/2015 Linsun Engineering Sdn Bhd
against Shineversendai Engineering (M) Sdn Bhd (EESB)
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

3 weeks ago

DickyMe

This case going on for more than five years, still not settle.

3 weeks ago

yongyong88

Looks like it cannot sustain above 0.70. Manage to sell at 0.695 for a small profit. Anyway will wait for next round. First time buying in January 2018 when it was around 0.88. KYY promoted this counter then.

3 weeks ago

kangcs

Looks like 62sen is the support based

3 weeks ago

Tokyolo

masuk masuk sendai

2 weeks ago

InfinityTifanny

Good news, Israel and Hamas have agreed a Gaza ceasefire and hostage release deal

https://www.bbc.com/news/articles/cly9vx3d0j3o

2 weeks ago

kangcs

Trendspotter of the Day: Eversendai Corporation

The stock formed a white candle last Friday, breaking out of the consolidation triangle from the RM0.72 high. The higher highs and higher lows sequence, coupled with the rising EMAs, suggests that prices may have resumed on its uptrend after consolidating for the past 8 month from its 52-week high.

Recommend : BUY

2 weeks ago

777777

@Kangcs _ what is next? today reached .715. will it be uptrend tomorrow?

1 week ago

kangcs

Target 72s, then 74.5s, 78s and all the way up...

1 week ago

777777

thanks

1 week ago

mf

collect

1 week ago

mf

collect

1 week ago

RotiBakartelur

buy on weakness

1 week ago

dompeilee

EXITed from the balance of my shares in Eversendai Friday morning, garnering 1,115 consecutive days of trading gains while keeping a 100% win record! 🤗 On top of 10 of the last 13 years earning from trading this ex-old conman stock, including a joint record 8 consecutive years [2013-2020] with Hwa Tai [ 2010-2017]!

1 week ago

kangcs

2024 Newsmakers: Major coups

TheEdge Tue, Jan 14, 2025

The year saw entrepreneurs making great strides, winning contracts and charting major milestones.

With these achievements under their belt, the test ahead is whether they can sustain the momentum.

Tan Sri A K Nathan
Executive chairman of Eversendai Corp Bhd

Having underperformed since its debut on Bursa Malaysia in 2011, steel structure expert Eversendai Corp Bhd (KL:SENDAI) is making its way back into the spotlight after winning RM6.5 billion worth of jobs in a single year, led by the ambitious Saudi state-endorsed Trojena Ski Village in the desert highlands.

Its founder, largest shareholder and executive chairman Tan Sri A K Nathan has returned to the driver’s seat to see through the projects and ensure a successful turnaround of the RM472 million company, in which he controls just under 70%.

The successful completion of Trojena — a ski village located up to 2,500m above sea level and built to accommodate the 2029 Asian Winter Games in Saudi — would add another notch to Eversendai’s belt, as its past projects have included Merdeka 118 and Burj Khalifa in Dubai.

The growing order book aside, financial results have disappointed so far this year, with net profit in the nine months ended Sept 30, 2024 (9MFY2024), amounting to a mere RM5.1 million, even though revenue hit RM910.43 million — potentially earmarking it for a record full-year top line in FY2024.

The group’s best performance remains its first two years of listing — FY2011 and FY2012 — with more than RM115 million in net profit on annual revenue in excess of RM1 billion.

Part of the reason for its weak performance was its highly leveraged position: In 9MFY2024, almost 79% of its RM98.76 million operating profit was swallowed up by finance costs.

Net gearing stood at 1.64 times, with cash of RM164.5 million against borrowings of RM602.9 million. Total equity stood at RM294.74 million, after taking into account retained losses of RM444.49 million at end-September.

A K Nathan, in an interview with The Edge in March, described 2024 as “positive”, noting that 2025 would “be on another level altogether”, following the project wins.

Eversendai’s pursuit of an annual top line of RM2 billion in the 2010s led it into the high capex business of oil and gas vessels, which turned sour when oil prices faced a prolonged slump from 2015 to 2020, prompting institutional investors, such as Permodalan Nasional Bhd, the Employees Provident Fund, Retirement Fund Inc (KWAP) and Lembaga Tabung Haji, to eventually pare their stakes in the company.

With projects expected to pick up steam in 2025, only time will tell whether A K Nathan will be able to meet shareholders’ expectations and steer the company towards sustainable profitability. — By Adam Aziz

1 week ago

mf

FBM KLCI

FBM KLCI

1,563.33

-10.40

0.66%

1 week ago

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