Posted by john doe > 2017-09-20 19:50 | Report Abuse

Only those who bought high will get scared out of shit! haha...

Posted by windcloud > 2017-09-20 20:13 | Report Abuse

well said .... so tomorrow push up kao kao .....

Posted by greatful > 2017-09-20 20:15 | Report Abuse

Question: Does Eversendai still got HOPE?
Answer: Negative

Posted by greatful > 2017-09-20 20:46 | Report Abuse

what will KYY do when drop to 0.50?

Posted by kcchongnz > 2017-09-20 20:55 | Report Abuse

• What is a cynic? A man who knows the price of everything, and the value of nothing. Oscar Wilde, Lady Windermere’s Fan

Posted by john doe > 2017-09-20 21:30 | Report Abuse

I welcome it if it really drop till to 0.5... May be can sleep earlier. This is no longer a hope/fundamental/technical analysis... Is goreng and competition of patience/holding power...

Posted by supersaiyan3 > 2017-09-20 22:07 | Report Abuse

Your argument doesn't add up, spent so much to press down and save so little. It should be: as share price is lower, then subscription price is lower, mah!

Posted by apolloang > 2017-09-20 22:12 | Report Abuse

as long as sendai no loss a few hundred millions,surely got hope.same goes to other companies,profit down can make the price down but not collapse unless loss a lot

Posted by windcloud > 2017-09-21 01:35 | Report Abuse

Just write some comment:

Existing shareholdings before any PP - let's say 773 million
PP shareholdings - 77 million
After PP - 850 million

Profit per quarter - 23 m (using 5% profit margin, recent crude price increase and middle east business recovering may even further boost up the margin, Company also expect following quarters will do well)
Annualised profit = 23 m x 4 = 92 million

Using PE 10, price will be 92 m / 850 m x 10 = 1.08 (after PP)
Using PE 10, price will be 92 m / 773 m x 10 = 1.19

So we will expect even after PP, price will move to 1.10 level. If before PP, the price target think is around 1.20.

How about current borrowings ?

We need to exclude bills payable since this relate to customers receipts and also exclude bank overdraft since small figure. Then the main focus is term loan 579 m.

Company how to repay the loan, might use following funds:
- Cash and bank balance 150-200 m (within 4 qtrs)
- PP funds received about 70 m
- Balance 50% will be thru liftboats payment received within next qtr and any and term loan drawdown (you can refer to amount due to contract customers for liftboat and other construction project)

Estimate if need to raise fund about 70 m, PP price need to be around 0.90 - 1.10 level otherwise the PP fund received will be lesser (so far think only 5th tranche of PP), and PP investor think have at least 15%-20% margin on this, if 20% margin, price will need to go to 1.10 level.

So, think price will rebound and cross over 1.00 soon. Sendai is also O&G counter, think still missed today run .... should catch up soon .......

Buy before surge ..... last call ...................

Posted by john doe > 2017-09-21 07:33 | Report Abuse

Exactly, Sendai is O&G related too

Posted by andyhard > 2017-09-21 07:51 | Report Abuse

This is the message I want to bring out. I have bought this share around 50 sen. The main purpose of this message wants to bring about is to alert shareholders not to be panic. I am not saying this is a worldclass company but they are building worldclass building. Industry wise, they are in construction which is fairly competitive. Margin is definitely is not a nice double digit figure.

But, if you sell at this moment, it might indicates you do not understand the rule of stock market, being shaken out. Fundamental is an important knowledge. Understanding the rule of finance market is also equally important.

Posted by andyhard > 2017-09-21 08:15 | Report Abuse

It depends on how it rebounds. That's why I mentioned need confirmation.

Posted by Ymchan > 2017-09-21 16:58 | Report Abuse

@andyhard, I agreed with your logical thinking but my point of view is when the manipulator will push up the price as I have seen they taken this opportunities for profit taking. Furthermore, the new PP share being subscript now will gain ~9-10% if market price stay above 0.90 as they can start offload the share into market.

Posted by cend0l > 2017-09-22 12:48 |

Post removed.Why?

Posted by andyhard > 2017-09-22 18:52 | Report Abuse

Hi ymchan,

Technically, it is end of the falling market. How fast it would rebound? We need the confirmation on the supply side... Generally, it is a good sign...There are quite a number of stocks performing the same way...If u wish to learn...I may give you the sign when it is ready...Btw..I don't think the banker is here to have fast gain...

You may private message me..I do not do open comment as everyone have different view

Posted by andyhard > 2017-09-22 18:59 | Report Abuse

@greatful...It is not same as Supermax...The way they being stopped..And if you see it rebounded

Posted by nekosan > 2017-09-22 19:02 | Report Abuse

kyy will goreng back to 1.2 soon