u should know this before u enter this counter... u will never earn money if easily influence by IB / bloger...sometimes they purposely spread bad message in order for them to collect more cheaper tickets...
Article or not, facts will be facts, it is up to the individual to make their own judgement on whether they are making the right investment / trading strategy ..
Yes, Eversendai has great reputation in oversea as compared to local. They won Singapore project as well. Even Nathan admitted in interview that the construction and infrastructure sector in Malaysia is too "dark" with a lot of unwritten rules and he favor oversea than local market.
But that does not change the fact that Eversendai has management problems. They need to position and differentiate themselves. Cutthroat war prices cant bring further though may survive. Only a company that can create highest value to customers with minimal costs (i.e. high profit margin) will win investor's heart in long run.
Posted by kmohan62 > Apr 17, 2019 9:57 AM | Report Abuse 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.
I think that is a very useful article for you. The article comes with facts and figures. Open you mind, you will definitely learn something. This article is not about Sendai, but what you should look for when you wish to invest safely and have better chance of satisfactory return. It is a jungle out there.
Most people write about buy this buy that, and few, if any, teach you the necessary knowledge and skill. Best it comes free.
Bullish brent oil = Bullish for middle east countries. Definitely will increase Infrastructure activities in middle east countries. Good prospect for Sendai.
so what happened? a tug boat $ 250 million have been reclassified from WIP to debtors during the year...that is what happened, and will be solved next quarter....that is what happened.......
If sendai receive all receivable, the stock price back to RM1 no problem.Since they are leading company in it's industry,other than cash flow,it's a good company btw.
Cut loss already for Sendai yesterday and at the same time bought Ekovest and Iwcity for myself already papers gain rm4.3k profit. (Cut loss SENDAI rm1.3k)
We are not only see Sendai earning, but also need to know Sendai account balance sheet. THE DEBT IS TOO UNHEALTHY although sendai can get jobs in future. Story I'm have to said the facts, because it is reality for SENDAI.
For Ekovest and Iwcity, a lot of peoples can trade a lot of time . (Sell high , buy back lower a bit ) Reallly enjoyed for Iwcity and Ekovest. Thanks God cos gave me the correct way yesterday.
calvin, hope u can buy low & sell high everytimes! BUT pls be reminded that ekovest's debt quite high, even the leverage ratio is worst than sendai ~ GL!
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....
tnang
696 posts
Posted by tnang > 2019-04-17 10:12 | Report Abuse
when a company AR shoot up very high , not a good sign.