Delisting soon for one of the best steel structural fabricator/erector company in malaysia/asean? Some more India market going to boom. They only need a better management team for the stock to fly.
Three points why I looked into SENDAI: 1) Profit After Tax increased. 2) tendering construction works worth rm10 billion (fortunately not in Malaysia) anytime will announce good news jobs flow for SENDAI. 3)Net Debt reduce slowly in future .
I also wonder why this counter is sold at 0.49, I think it is far better than many non or poor profit making companies, director also dumping, have to wait for longer periods
The company got thick orderbook but most probably is because cutthroat prices bidding and thus low profit margin. Thus unattractive ROE too. It can survive winter but will be difficult to blossom even in spring. Hopefully management will can improve.
unattractive ROE , low profit margin and also poor counter.
But, since FY2017 until TODAY, SENDAI every quarters will not disappointed shareholders. Some local listed CONSTRUCTION below rm1.00 announced poorer earning
SENDAI, 对我而言,不算是真真本地建筑商(虽然是listed in BURSA Malaysia),该集团在海外有一定的知名度。
If this stock is undervalued sure got alligator will accumulate at the bottom then goreng it again by releasing gd news. Normally, they will choose cheap counter with potential growth, good news, good fundamental... Just wait, almost bottom. No point to sell at current price.
There's already an article today in i3investor..casting doubt on the financial of this company...is it an attempt to suppress the price to buy cheap later on?...knowing well...Sendai is in a better position than many other construction firms in terms of securing contracts,outstanding order book ,profitability and etc..beware of such shady characters...who come with all kind of convoluted numbers...to scare away the novice investors..or worst still...frighten the current shareholders to sell their shares....so that some unscrupulous party may able to take position...after which they will sing a different tune..i have seen this happening many a time...so please beware.
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....
freddiehero
16,722 posts
Posted by freddiehero > 2019-04-12 08:44 | Report Abuse
lucky price 0.38