@Mat Cendana - I was just thinking to myself - if Sendai is cheap, WCT is even cheaper - why not punt WCT with more peace of mind then?

sookfun - i lost some money punting Benalec as well (>30%), so am more cautious now with these construction counters... Sendai, in a way, behaves quite similarly to Benalec - rally sharply before Q results, to trap and send all retail investors to hell after the real results are posted

but it will drive up Ben's landbanking value la, i'll give u that

Melaka gateway contracts already distributed la... no action for Mr Ben unless as sub-con

going by historic vs current PE, i believe there's more downside to come, esp. if the broad market trends downwards

oil price so high now cos mother Russia is pissed off... guess which way the share price will go?

back with a bang yo

TP is short for Tipu, you know ;)

wah. arv18 you are right - flush ready lah

very high gearing here too? I know AIRA has very high gearing, so if it fails to keep up the growth rates....

HowIn - Uncle Tony just blast your boss, you will buy his shares meh. People want to keep thier jobs and get promoted you know

Dorky - haha. next thing he needs is a few tax auditors turning up at his HQ. And then they set up another LALINDO. Lol - sounds familiar?

88. huat ah huat ah

doctor, your chronology confounds me

no lah, its actually the one you do when you say goodbye

wait for the next wave ;)

like slowly boiling a frog to death...

RAPID FID may be postponed again...

maps - i wholly agree. that's how most people got trapped in Sendai's evil twin, Benalec - price rallied sharply before launch of Q results and EIA and people started speculating that the Tg Piai contract is already in hand, but look what happened since. from heaven to hell.

Uncle Tony going to get his taxes audited after that ourburst... not very wise

technics? AK seems to be too honest to be able to play the O&G game, which involves a lot of lobbying and political connections.... the 'look into the eyes' approach (see youtube video above) definitely won't cut it in this industry

EPF investment strategy: Buy high, hold, and sell low.

memang takde power

thanks facai - that's a nice bedtime story :)

yea, astrology better than analysts ;)

my totally random prediction - Sendai will meet its twin Benalec again soon. At 0.94-5 ;)

why doesn't AK just privatise this lousy counter and then re-list again instead of adopting the ostrich approach as Mike mentioned? good businessman but lousy stock market player?

yea, all waiting for Ah Ben's Valentines Day present only lol

foreign shareholding so high + tapering of QE = ?.

you all really not scared meh?

will break when the Fed tapers another 10b...

testing the great - and final! - barrier now!

this company can't even write a proper annual report - typos and grammatical errors EVERYWHERE. how to trust such a company with a can't-even-be-bothered attitude? too busy making money issit?

200 day moving average lor

http://www.theedgemalaysia.com/business-news/272620-contagion-spreads-in-emerging-markets-as-crises-grow.html

lol. another janji dicapati?

88 cents angpow

yea. they are running the Gateway mall there... so earnings will pick up once that damned airport FINALLY opens!

well, one good thing - compared to Gamuda and IJM, WCT doesn't seem to have a very high proportion of foreign shareholders

yea. must enter where the big boss enter mah, right?

why so confident with WCT? ;) for me its definitely very attractive - cheapest among the construction players, but i'm still a little worried that the market will go bearish soon

that's only with regard to the sudden fall at around 4 o'clock yesterday lah... should be some foreign fund re-balancing portfolio or some 'big fish' faced a margin call lol

big fund unwinding position

fuuuuuyoh

no volume at all

@chinseng - its just a formality. in our language, just wayang lah

wise words by Mr Wong

eh they have Gateway@KLCC2 leh. anyway, captain crawler, i just joined you on your boat - or is it a plane now? ;)

@crawler - aiyah sama sama construction mah... though i understand lah that Sendai is more a 'pure-play' construction co, while WCT has properties and a mini-REIT which drives a substantial amount of their profit as well...

@karipap - really??! ;) who is ejaculating?

crawler, just curious, whats your opinion on WCT? it just seems even more undervalued than Sendai... so i am kind of debating between the 2 ;)