i just wonder what uncle Koon is doing now..... he purchased a lot recently and the price is below his purchase price, although some collected earlier. He has to pay his margin and if results poor the price will sink further. Any comments?
Icon888 I was very lucky cos I bought when u did but I blissfully held until price went up .(not knowing you sold) Whew ... close shave . Maybe you could blog up immmediatly when u find something not right. I know I don't have the right to ask that . But would most certainly appreciate it. As I'm sure do others. I made tons from your ekovest -we call early this year . Have you to thank for.
Executive Director and Group Managing Director Tan Sri AK Nathan pointed out that India will continue to be the focus of China's construction, as the country continues to promote construction as part of the rapid economic growth.
"We are constantly building ourselves as a niche steel contractor for highly complex landmark projects." the EDGE
Support what @Harold Huong said, lets carrying out a small experiment. The Group's share price could be influenced by the oil price due to Sendai's participation on O&G Offshore market. So, we will compare the coming quarter result with the 1st quarter result in 2015 as the oil price level in the previous quarter in 2017 is similar to the period that I aforementioned. So, in that preceding year corresponding quarter, the Group make around RM 403 million of revenue and RM 19.40 million of net profit, which equivalent to 2.51 sen per quarter. Therefore, Barring any unforeseen condition like impairment loss or delay on proceeding of big projects, the Group should able to make at least 2.506 sen(after inclusion of dilution of share base) in this quarter. And while we look back to the forecasted revenue of RM 450 million made by the public bloggers (no offended), it is much more higher than the comparing quarter. If the Group able to reach a total revenue of RM 500 million per quarter in order to achieve its objective to secure RM 2 billion of sales in 2017, with an internal rate of return of 8% (should be the lowest), the Group will able to make an extra RM 6.27 million of earnings (after deduction from tax) and acheive RM 25.67 million of net profit. Besides, Since Mr Fong Sil Ling & Mr Koon Kew Yin have placed part of their funds on this counter, it implied that they might have strong confidence on the improvement of this stock, hence I deem we should place more sanguine sentiment on this stock even without purchasing its company share. I do not consider myself as a great investor yet but I still keep on learning. I am just giving comment to the current and future shareholders of this company but I am not holding any EVERSENDAI's share for the current period. Coming quarter result should be announced by 25th May 2017 and Good Luck! Hope everything go as scheduled.
I buy Sendai becos I bet Sendai will announce satisfactory results. Just like I bot Vis last 2 days bet on it will have some action these few days. Also waiting to enter Lbalum bet on it will announce best ever results next month.
I dont know why these two were posted in another share blog....
Blog: (Icon) Sam Engineering (3) - Excellent Results. All Divisions Doing Well May 19, 2017 02:36 AM | Report Abuse
Tan Sri Nathan holds 70% of Sendai...He has to be a miracle worker to built up the Sendai empire in 15 countries , 15,000 staff. ...involved in practically iconic project in Asia. (outside East Asia)..He is very hard working, and right now, very bullish about its prospects.
KYY is right to target Sendai
Blog: (Icon) Sam Engineering (3) - Excellent Results. All Divisions Doing Well May 19, 2017 02:28 AM | Report Abuse
Sendai is too early to tell. It has been bleeding since listing ...but one never know for sure.
if Sendai continue to fail it will go bankrupt, so tp should not be 50 sen but zero.
But I am a buyer right now....certainly better than recent highs. and indeed Sendai is a huge company, very successful and the upside can be tremendous if a turnaround succeeds.
A good investor bets based on his own homework.... none of the members of i3 who criticise KYY understand the mind of a maverick investor.
Ans: All the naysayers may be hide behind n laugh. Smart like Icon I guess he may quietly buy into this counter yesterday. The 2 articles which set tp 0.45 n 0.29 are written by syndicates who wish to buy at low. Tp 0.45 n 0.29....haha, laugh die me lor. Even lousy counter like Data prep much higher than that.
I checked the participant's selection record , which I have earlier downloaded . I noticed that , many participants in the recent 2017 stock pick competition, hold Sendai (5205 )shares. I bought some in late February 2017 @ 65 Sen. Last few weeks, I bought some @98 & 87 Sen. Will acquire more in next few days.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
caveatemptor2050
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Posted by caveatemptor2050 > 2017-05-18 16:10 | Report Abuse
i just wonder what uncle Koon is doing now..... he purchased a lot recently and the price
is below his purchase price, although some collected earlier. He has to pay his margin
and if results poor the price will sink further. Any comments?