Posted by kangcs > 1 month ago | Report Abuse

Technically, after sliding 46.5% from 52W high at RM0.785 (May 13) to a low of RM0.42 (Aug 29), SENDAI (CP:RM0.56, BVPS: RM0.38) has been traded in a range bound mode within RM0.46-0.625 zones. A confirmed breakout above RM0.625 (Dec 4) would enhance further upside targeting RM0.645 (61.8% FR) and RM0.70 (76.4% FR). Key retracement supports are pegged at RM0.535 (100D MA) and RM0.50 (200D MA) levels.

Source: Hong Leong Investment Bank Research - 16 Dec 2024

Posted by Abc 123 > 1 month ago | Report Abuse

Good job for today.. 🚀🚀

Posted by kangcs > 1 month ago | Report Abuse

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.

Posted by Progicer > 1 month ago | Report Abuse

My dear sendai

Posted by kangcs > 1 month ago | Report Abuse

Sendai MYdear

Posted by kangcs > 4 weeks ago | Report Abuse

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.

Posted by mf > 4 weeks ago | Report Abuse

target 0.880

Posted by Michael Kwok > 4 weeks ago | Report Abuse

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

Posted by mf > 4 weeks ago | Report Abuse

target 0.880

Posted by kangcs > 4 weeks ago | Report Abuse

Today is 30th December 2024 lol

Posted by berryayun > 4 weeks ago | Report Abuse

Vroom vroom

Posted by Tokyolo > 4 weeks ago | Report Abuse

Take profit

Posted by Risktaker79 > 4 weeks ago | Report Abuse

It’s just the beginning towards better performance

Posted by InfinityTifanny > 4 weeks ago | Report Abuse

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

Posted by kangcs > 4 weeks ago | Report Abuse

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

Posted by yongyong88 > 3 weeks ago | Report Abuse

Can it break 0.70 or fall below 0.60 before cny?

Posted by pang72 > 3 weeks ago | Report Abuse

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

Posted by pang72 > 3 weeks ago | Report Abuse

This Eversendai is nevergodied

Posted by pang72 > 3 weeks ago | Report Abuse

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

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

Posted by pang72 > 3 weeks ago | Report Abuse

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.

Posted by kangcs > 3 weeks ago | Report Abuse

Well Said brother

Posted by mf > 3 weeks ago | Report Abuse

target 0.880

Posted by yongyong88 > 3 weeks ago | Report Abuse

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

Posted by pang72 > 3 weeks ago | Report Abuse

Lai liao

Posted by pang72 > 3 weeks ago | Report Abuse

$1 $1 $1

Posted by pang72 > 3 weeks ago | Report Abuse

Nathan is turning desserts to ski resort

Posted by pang72 > 3 weeks ago | Report Abuse

Nathan is turning desserts to ski resort

Posted by pang72 > 3 weeks ago | Report Abuse

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

Posted by pang72 > 3 weeks ago | Report Abuse

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

Posted by kangcs > 3 weeks ago | Report Abuse

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

Posted by mf > 2 weeks ago | Report Abuse

sell

Posted by Progicer > 2 weeks ago | Report Abuse

support broken gg

Posted by Risktaker79 > 2 weeks ago | Report Abuse

Support broken … ?? 😁😁😁

Posted by kangcs > 2 weeks ago | Report Abuse

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

Posted by mf > 2 weeks ago | Report Abuse

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

Posted by DickyMe > 2 weeks ago | Report Abuse

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

Posted by yongyong88 > 2 weeks ago | Report Abuse

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.

Posted by kangcs > 2 weeks ago | Report Abuse

Looks like 62sen is the support based

Posted by Tokyolo > 2 weeks ago | Report Abuse

masuk masuk sendai

Posted by InfinityTifanny > 1 week ago | Report Abuse

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

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

Posted by kangcs > 1 week ago | Report Abuse

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

Posted by 777777 > 1 week ago | Report Abuse

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

Posted by kangcs > 1 week ago | Report Abuse

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

Posted by 777777 > 1 week ago | Report Abuse

thanks

Posted by mf > 6 days ago | Report Abuse

collect

Posted by mf > 6 days ago | Report Abuse

collect

Posted by RotiBakartelur > 6 days ago | Report Abuse

buy on weakness

Posted by dompeilee > 4 days ago | Report Abuse

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]!

Posted by kangcs > 3 days ago | Report Abuse

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

Posted by mf > 1 day ago | Report Abuse

FBM KLCI

FBM KLCI

1,563.33

-10.40

0.66%