Poratha sue RM7 million. Settle RM2million. It's ok la.. save rm5million. For RM3billion order book company, it’s very minimal impact.

Bulan depan Najib pergi India, harap ada berita baik untuk Sendai.

http://profit.ndtv.com/news/property/article-piramal-realty-to-invest-rs-1-800-crore-in-mumbai-project-1667168

Orderbook at end 2016 : 2.4 billion

Target new contract 2017 : 1.8billion ( currently got 800mill already) other news say new target is 2.5billion new contract.

Target revenue 2017 : 2 billion.

Expected orderbook at end 2017 : 2.4 - 2.0 + 1.8 = RM2.2 billion.

Sendai bakal masuk pasaran australia pula. Terbaik.

More project from india..terbaik..

Keep calm and buy Sendai. This Q1 AK kata sure profit. He he.

Bad or not, that 2016 story, this year 2017 Q1 will be announce in late may. Thats Real performance for Sendai.

Its healthy...good volume..

Easy go up, easy go down...

Come one Sendai..swing Up back..

Hujung hujung bulan baru keluar. 28hb la kot. Selasa depan.

Berdasarkan Company Presentation sebelum ini, Q4 revenue should be around RM500 million.

Cuma Harap sendai dapat improve profit margin. 5% pun dah ok.

Eversendai bakal masuk pasaran UK. Terbaik..RM2..go..go..

Y 0.90 ? It worth RM2. Then split 1:2...

Project siap cepat ! Keep good work Eversendai..

https://thepeninsulaqatar.com/article/02/02/2017/Al-Wahda-Arches-taking-shape-at-West-Bay

Al Wahda Arches taking shape at West Bay
Photo by Baher Amin

The Peninsula Online

Doha: Al Wahda Arches project is progressing at fast pace and is expected to be an iconic landmark when complete. The arches are coming up at the old Arch roundabout (Rainbow R/D).

As part of the Lusail Expressway works Arch roundabout is being converted into a three-level interchange including a dual three-lane underpass from Al Dafna area to Lusail. It will comprise of a single point interchange at the ground level for the Arch traffic and three lane directional link at level 1 from Lusail Expressway to the Central Business district. In addition, the project will feature vital iconic landmarks.

Located at the southern end of the under-construction Lusail Expressway, on the site of the old Rainbow (Arch) roundabout the arches are being built for Ashghal by Eversendai Qatar.

Eversendai has said in an earlier statement that the bigger arch of the Al Wahda Arches will have a length of 146.52 metres and a maximum height of 98.79 metres while the smaller arch will span across 139.84 metres in length with a maximum height of 77.56 metres. The suspended visitors' centre will measure 85 metres in length and 21 metres in height.

slow and steady sendai..jangan henjut cepat sangat... BOB..BOB...sikit2, lama2 jadi Gadang !

Slow and steady..RM2.00 coming..

AK said Revenue RM 2B this year. If Sendai can manage to get 5% net profit margin. Then RM100mil profit this year. AK confident should be reflect by announce At lease 2 cent dividend this year.

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

Eversendai Forecasts Over RM1.8b New Contracts In 2017, Says Nathan

P Prem KumarTuesday, January 3, 2017

Nathan says Eversendai is optimistic of achieving the RM 2b revenue target, thanks to the existing orderbook of RM 2.7b and the prospects of new contracts..

Eversendai Corp Bhd expects to secure new contracts worth more than RM1.8 billion this year as the currently loss-making structural steel turnkey opor aims to reverse its fortune.

Eversendai executive chairman Tan Sri AK Nathan said business potentials are brighter this year, compared with 2016, as more infrastructure projects and oil and gas (O&G) related projects are expected to be awarded in the first-half of 2017.

The company’s active tenderbook this year is estimated at RM22 billion, of which RM12 billion is expected to consist of Eversendai’s core business of structural steel const ruct ion, while the remaining RM10 bi l l ion would be O&G-related.

“Our tenderbook last year was RM22 billion, from which about RM10 billion is still alive...potentials are brighter,” he told The Malaysian Reserve in a telephone interview.

Nathan said Eversendai would announce some big contract wins in the first three months of this year, to start the year “with a bang”.

Among notable projects expected to be dished out this year are the 2022 FIFA World Cup projects in Qatar, as well as the Expo 2020 in Dubai, both in the Middle East region, where Nathan always claims that Eversendai has a remarkable track record.

“In 2015, we created record in terms of new contracts worth RM1.7 billion. While I was thinking that was the best year, we garnered new contracts worth RM1.8 billion last year.

“With new business potentials, we are sure that we will break that number this year. We will do better than the last three years,” he said.

This year would be an important year for Eversendai to realise the aspirations of reaching RM2 billion in annual revenue by year-end.

Nathan said Eversendai is optimistic of achieving the RM2 billion revenue target, thanks to the existing orderbook of RM2.7 billion and the prospects of new contracts.
“Moving forward with newly secured projects in the Middle East, India and South- East Asia, this has strategically positioned Eversendai to perform well in 2017.”

For the first nine months of 2016, Eversendai registered a net loss of RM64.43 million compared to a net profit of RM48.08 million in the corresponding period in 2015.

Revenue also fell to RM1.23 billion from RM1.3 billion previously.

Among the new projects secured last year were The Royal Atlantis in Dubai; Al Wakrah Bypass — ITS Gantries in Qatar; Rupa Renaissance, Mumbai; and Ameerpet and MGBS Stations, Hyderabad in India; Jimah Project: Steam Turbine & Centre Control building in Malaysia and New State Courts in Singapore.

With over 20 significant ongoing projects, the Middle East region continues to drive the group’s revenue for the first nine months of 2016, by contributing 57.2% of the total revenue from their operations in the United Arab Emirates, Saudi Arabia and Qatar.

The balance of the revenue was derived mainly from the operations in Malaysia and Thailand (12.5%), India (8.8%) and the O&G segment (21.5%).

He said from the beginning of 2016, Eversendai focussed on improving the group’s profits, by strengthening operational performance.

“We are growing our profits as well as volume. I am sure we will emerge to be a profitable company again this year.

“The loss-making position was only temporary due to the impairments caused by a bad investment in Singapore. We have settled the payments. So, it is out from dragging our balance sheet,” he stressed.

Nathan was referring to Eversendai’s RM74 million investment in Singaporebased Technics Oil & Gas Ltd in November 2012. He had admitted that the investment was “a mistake” and will not be repeated.

Technics was a victim of the global O&G bust that contributed to Eversendai writing off RM101.7 million in impairment costs as of September 2016, which dragged the company’s financial performance.

This counter can gap up and down easily.. Floating share very low.. Last 2 years this counter gap up more than 30sen in one day..they can play people emotion..

News Malaysia tak masuk lagi, mungkin simpan dulu kot. Hehe

New year, new contract, good start !

Eversendai Offshore have been awarded two new contracts by EPC contractors for projects in both North Africa and the Middle East regions

Eversendai Offshore has committed itself to structural steel erection operations since 1982, when it first undertook its first project, the Dayabumi Building in Kuala Lumpur.

The first of the two new construction contracts is for an offshore support facility building 93-B-01 for Al Zour new refinery project (EPC-5). The contract was awarded by HSS JV, consisting of Hyundai E&C, Saimpem Spa and SK E&C. To take place in Kuwait, the contract will last for 27 months and will be completed in Q1 2019.

The second contact is for the fabrication engineering and construction of jacket and piles in the Persian Gulf for the Italian firm Rosetti Marino Spa. This contract period is for six months and will be completed by Q3 2017.

Currently, Eversendai Offshore are operating in Ras Al Khaimah, UAE for Vahana Offshore, two projects in Abu Dhabi, UAE for Tecnimont Spa and Prosernat, and in the Culzean Gas Field in the North Sea for Prosernat.

http://www.oilreviewafrica.com/downstream/downstream/eversendai-offshore-awarded-two-new-contacts-in-mena

Good EPF sell, this stock need more liquidity in share, currently not more than 10% hold by non 30 major shareholder.

we see some improvement in volume after epf sell, after this more easy to push up..hopefully.

if EPF still hold 2% or 3% still enough. Gadang EPF hold only 2.87% still can push up last year.

more than 60% income in USD...sure up.. Gadang tahun lepas, tahun ini Sendai..gogo..RM2.00..

Let's look at this company presentation.

http://ir.chartnexus.com/eversendai/docs/analysts/3Q2016%20Analyst%20Briefing.pdf

Orderbook Run rate :

Q4 2016 : RM529 Million

2017 : RM 1.7 Billion

2018 : RM 433 Million

2019 : RM 40 million

Revenue for this this maybe around 1.7B, same like last year, without impairment, Margin are better than last year.

2017 will be good year. Only 300 million more orderbook to achieve 2B revenue.

Welcome back to shariah list, now muslim trader can join the show. Hopefully sendai will announce good Q report and some interim dividend. ^_^

If paper loss, boleh pegang sampai harga naik sama waktu harga beli.

Bright future ahead..Big potential..

http://www.tradearabia.com/news/CONS_316967.html

The region's high-profile event will also highlight the latest trends in the building and construction industry, while focusing on smooth delivery of $2 trillion worth of construction projects in Gulf countries, it stated.

The construction sector is among the key pillars of Dubai’s economy beside trade, tourism and banking.

According to a recent international report, the value of Dubai’s construction projects in the execution and planning stages is expected to reach a record of $390.7 billion this year. A total of 13.7 per cent of these projects, which are valued $53.5 billion, are currently under progress despite the oil slump.

Come on, RM1 before end of this year, next year hopefully can play above RM1.

Near Q result, if it is good, momentum should be continue.. And 0.65 is still too cheap.

All time high 1.80...that time sendai Revenue only RM1B. Now Near RM2B. If sendai can improve profit margin to at lease 5% to 7% is enough.

Senyap senyap dulu.. Jangan panas sangat.. Slow and steady..

Harap hujung bulan ini Q keluar result ok, dan umum dividen, jika bagi 1 sen pun ok dah.

Long way to go.. RM1 before year end.. Come on sendai.

Harap harap AK push sampai RM2. Hehe

Come on.. Please go to mikromb thread to promote that stock.

Forsure anyone buy sendai hope the price will go higher.. I hope it will be gadang wannabe.. RM3 in next 2 year.

^_^

Just wait next month, Q result and Shariah list upadate. If sendai can show good result, declare dividend, and become shariah counter again, it will be good..

After this new contract from kuwait..sendai dah start iklankan position project manager base di kuwait. Come on sendai..

USD kukuh, (MYR4. 15, 1USD) Oil Price meningkat. (53USD)

Dua dua baik untuk sendai.

Cannot predict, but if we look at last year share price trend, i'm not surprised if sendai can hit RM1 at the end of this year. And more to come in 2017. This year only revenue hit RM1.8B, with 3.5% margin (exclude impairment loss) there will be RM63mil profit. Next year with target RM2B revenue, with 4% profit margin, sendai profit can be at RM80mil. Huge potential.

Eversendai @ bloomberg Malaysia. Great to see AK smiling..

http://youtu.be/998SPM3jTsY

Jika ringgit lemah sehingga hujung bulan ini, mungkin Q3 akan lebih baik keputusannya, 70% contract dari luar negara. Ada baiknya juga kwsp dispose, biar share float lebih banyak, kwsp tinggalkan 5% pun ok. Lebih cair, lebih menarik minat pelabur runcit. Cepat sikit proses nak push price.

So dragon.. Where is big suprise?

As i said before, this is the last impairment loss from TOGL.

AK sudah terima kenyataan, move foward. Ada tambahan RM700 juta lagi kontrak baru, menjadikan jumlah kontrak baru lebih RM1.5B. AK juga sebut, tahun ini punya revenue sudah mencapai RM2B! Jika tiada impairment loss, sendai sudah untung dekat RM40 juta tahun ini.

Sendai betul betul undervalue. Saya jangka jika dapat status syariah kembali, akan beri kelebihan kepada sendai. My long term personal is TP. RM1.60 and maybe more.

Ye, ada, mungkin kali terakhir yang beri impak pada Q2 ini. Lepas ini untuk Q3 dan seterusnya, tiada lagi, jadi prestasibakan lebih baik. 2017 tahun untuk sendai menyinar kembali.

Oklah 100k, berger saman RM791k. Kira selamat RM691k. Hehe

We know already, not good Q report because impairment loss TOGL, hope this will be last bad Q report, after this, no more impairment loss, should be positive result.

buy after Q2 result.. when new investor panic, then hold...for Q3..Q4 and next year ahead there will be no more impairment loss from TOGL. 2017 will be good year for sendai, with RM2B revenue, no more impairment loss, and improve profit margin.

https://m.youtube.com/watch?v=Gx_C8tbWt6U

The edge tv.

They have to dispose to push up the price.. Tgk trend tahun lepas, macam tu jugak.. Harga bawah 0.50 diorg jual, lepas tu push sampai RM1.00..

If sendai want to held right issue , AK must push the price up first.. Jika lihat history price, tak mustahil dari harga sekarang boleh dinaikan kepada RM1.00-RM1.30 dalam masa 3 bulan. Tanpa ambil kira pelaburan dalam TOGL, prestasi Sendai sebenarnya lebih baik berbnding tahun lalu.

Bila lihat volume, macam pengumpulan saham telah mula dilakukan.

http://ir.chartnexus.com/eversendai/docs/analysts/1Q2016%20Analyst%20Briefing%20(for%20IR).pdf

Just read this company presentation.

To date, 2016 revenue will be at lease RM1.74 billion, (will increase if sendai can secure new project in Q2 this year).

Sendai rugi RM50juta hanya disebabkan pelaburan keatas TOGL. Bila semua pelaburan dalam TOGL sudah diambil kira tahun ini,(atas kertas akan nampak rugi) tahun depan prestasi sendai akan dilihat cemerlang. 2017 contract dalam tangan sudah RM800 juta, hanya perlu tambahan RM1.2billion untuk mencapai hasrat pendapatan RM2B tahun depan.

AK ada kata nak masuk pasaran singapura.

Mungkin projek dibawah ini kot.

www.straitstimes.com/singapore/samsung-ct-awarded-state-courts-contract

Samsung C&T Corporation has been awarded a $450 million contract to build the new State Courts complex.

Construction is expected to conclude in 2019, and the complex is slated to be operational from 2020, the State Courts said yesterday.

The complex will be made up of two interconnected towers, each about 178m high and linked by a series of sky bridges. They will rise in front of the existing octagonal-shaped State Courts building, which is more than 40 years old.