With raw material's costs such as steel riding high now and near future, we will see eroding of profit margin or in losses situation. We won't see any growth and betterment of prospects for the company. I doubt the share price can be sustain as the company has lost its convincing power to retain existing shareholders to continue holding the shares.
Investors will sell when the company fail to sustain or grow the profits of the company by applying Koon Yew Yin's golden rules of investment.
I haven't see any Malaysia companies in construction has good ending by taking up projects in middle eastern countries. Many companies suffer huge losses cause by failure to collect back the monies on job done or being terminated for unknown reasons.
You again. Better wish good luck for yourself. I can remember, you also doubt over Pmetal n talk like expert when the price at 1.70 early this year. Now the price already 3.70. First round Sendai earned for me 120%. Now I'm buying for second round. Not much I target, 100% is enough. Show us your track record if you want to convince ppl to sell. Let's us see how good you n Calvin doing in 2017 stock pick.
serbadk, wct doing jobs in middle east giving out dividends, no issue of bankruptcy said by the spore preacher pls do not belittle uncle kyy, he is a noble man, if you can remember hardcore critics of vs when at 1.15 to 1.22 all disappear look at vs now pls always remeber he is a undertaker son
U ALL MUST UNDERSTAND THIS LOH....!! SENDAI WITH BAD DEBTS EXPECTED TO CLOSE TO RM 500 MILLION COMING AND THERE IS ABOUT 77 MILLION SHARE PLACEMENT AT CLOSE RM 0.96...U BETTER CABUT B4 TOO LATE LOH...!!
THIS IS BESIDE U R COMPETING WITH OTHER SHAREHOLDER EXITING SENDAI, EVERSENDAI IS TRYING HARD TO SELL ITS OWN SHARE TO RAISE MONIES LOH...!! THUS THE COMPANY ITSELF IS COMPETING WITH YOURSELF TO SELL TOO LOH..!!
BETTER SELL B4 TOO LATE B4 IT DROP BELOW RM 0.90 LOH...!!
Sendai should not issue new shares for raising money. They should bundle the 500m bad debt to bond with high yield n sell to foreigners or Chinese investors. .
As I said, Eversendai is worth RM100bil. I urge moneykj who always talk big when Eversendai share rises and go in hiding when Eversendai drop to come out and be a man and support Eversendai until all his fix deposit is gone and become a bankcrupt
Retailers are always making losses because they don't have the ability to identify whether this counter is in uptrend or downtrend. They like to catch the bottom but unfortunately the bottom is still far and far away. You will see the super investor again when it close to the bottom.
Super investor already warned sendai will keep dropping until macq bank finish selling 77m shares you still dare to buy? Don't hope for super investor to step in every time sendai drop
my advice to super investor. Dont support the price. See how low it can fall. See how macqurie want to sell their shares. This will teach them a lesson for not consulting our super investor before issuing the private placement. kakakakakkakaa
Very obvious, HE wants to let the share price free fall.... See who will be final winner.... Who could last till last minute....he is going to with the game....
Always drink 2 glasses of water everyday with 1/2 a pineapple on an empty stomach if you want to live an old age... and don't worry about sendai. . All this stress.. not good for your heart you know
muib I queue at 15cts for many moons until TL already,cannot get now 17cts pula.wow itu butaland now 64cts,me sold too early now shameful to buy back just like uncle koon said
fear my fren.. fear.... when u smell it for a big company like this... u must be brave a bit. Wait for reversal sign then masuk. Sure untung kaw2. Day day monitor ah.
uncle koon say tak apa lah he still a lot of margin to support,buy more and more until uncle koon become chairman of sendai. sold ijm and gamuda change all to sendai,like dr m from umno to bersatu.....hahaha
Blog Headlines (by Date) Blog Index Sendai - Downgrade from sell to strong sell Author: HebeiFortune | Publish date: Mon, 18 Sep 2017, 04:12 PM Target price: RM0.00 (Carson Block might short Sendai as Sendai meets all his criteria for shorting)
Pros:
nil Cons:
1. Poor financial management - huge receiveable, potential for huge impairment, negative cash flow from operations, sales from company related to own management. 2. Poor operations management - lack of focus as operations are all over the world, obessed with winning contract not profitability, more concerned of ensuring employees are employed than shareholders are rewarded. 3. Infested with syndicates - Too many syndicates with self interest is infested in this low quality stock. 4. Infested with low quality investors guided by highly skill and manipulative syndicates - Too many low quality investors are trapped in this stock due to blindly following guidance from manipulative syndicates. Conclusion:
Fact: Share price dropping day by day is a reality, hoping for a rebound is arbitrary Fact: Many blindly following investors are trapped in this stock Fact: Self denial of poor financial management, poor operations, declining share price is a fact. Hoping for a rebound is fairy tale as there is no near term catalyst Strong sell with target price of RM0.00
UNCLE KOON, HEBEIFORTUNE SAY IT MAY GO TO RM0.00. NEED YOUR CLARIFICATION.
On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 18 September 2017 received the 5th Subscription Notice from Macquarie Bank for the subscription of 1,000,000 Eversendai Shares at a subscription price of RM0.90. The said subscription price of RM0.90 represents a discount of approximately 9.38% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 15 September 2017 of RM0.9932
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....
andr
467 posts
Posted by andr > 2017-09-16 09:33 | Report Abuse
Sendai can't even maintain YoY growth, that is enough reason not to buy.