If don't have patience, here is you counter bro. Technically some buy signal just appeared. Now awaiting price to tap ema 50 at 0.240. Usually chartist will come after that. Need to break and maintain 0.240, then 0.31. And above. I forsee warrant will gain more than 100% if mother at 32 cent, warrant will be in the money once 32 cent achieve
By injecting liftboat business which is Vahana Offshore (M) Sdn Bhd with Eversendai core business which is involved in structural steel works and energy businesses, I think Eversendai are trying to tap Wind Energy Business (installing large offshore wind components) as it future growth prospect and main income.
Beside Vahana already secure long-term (5 years starting from Jun 2020) charter contracts with Zamil Offshore to work in Saudi Aramco projects.
If retrace I buy more it's warrant tomorrow. Buy and keep. This counter lost few quarters because of Thailand business not good, luckily they sold all Thailand subsidiary. Then they bought vahana offshore boats from their boss. Now wait qr return to black from current exercise. Today also got announcement for sendai attract more or 30% its share to open market. Their boss hold quite large shares. Need to attract other shareholders. If got institutional better, urus harta Jamah have some but need to attract more
Yeah, orderbook at all time high now almost rm3bilion. Cash rm127 million. Current assets at rm2. 3 bilion, total assets at rm3. 3 billion. Equity and liabilities at rm1. 3 billion. FA strong, nothing to worry. This is not include future receivable
Trade receivable is put under account as job done bro. In account future project or project ongoing but not progress done or claimed not put under trade receivable. If yes, trade receivable will plus rm2.6 billion orderbook by now.
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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....
Bobgaya
170 posts
Posted by Bobgaya > 2020-11-10 09:34 | Report Abuse
Only Sendai is not moving.