can consider buying if price is in the 40-43 cent range, basically i should have bought at that time. anyways will wait for that price . Sendai will profit from a weaker ringgit.
"Eversendai reported its latest secured contracts for this year worth RM1.8 billion till today. Our current order book and tender book now stands at RM2.5 billion and RM20.8 billion respectively."
Eversendai order book hits RM2.5b: Structural steel turnkey contractor Eversendai Corporation Bhd has secured contracts worth RM1.8bil year to date. It said on Monday its current order book was RM2.5bil and the tender book at RM20.8bil. — StarBiz
Great to note that Eversendai is continuing to do well in many countries in iconic projects through international competitive bidding. It is thus very disappointing to note that EPF, while investing billions abroad, is not supportive of our very own highly competitive global companies, as seen by their persistent sales of the shares of this company.
Just wait next month, Q result and Shariah list upadate. If sendai can show good result, declare dividend, and become shariah counter again, it will be good..
Dragonofdark, thanks for sharing your point of view. I am also expecting it will retreat. Moreover, EPF is still selling. Unless break through RM0.515, it may retreat back to RM0.50 or below.
moneykj I and boldrun88 OTHERS Eversendai Corporation Berhad (the Company) - Acceptance of Syndicated Term Loan Facility of USD120 million granted to its subsidiary Eversendai Engineering LLC, Dubai 28/10/2016 OTHERS Proposed Repurchase of the Outstanding Sukuk Musharakah by Eversendai Corporation Berhad (the Company)
Of course is good news. 250 millions of order book and much more to come in, they need cash to run the business. They no need to worried over liquidity of the company.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
getonwithit
98 posts
Posted by getonwithit > 2016-10-18 11:24 | Report Abuse
Buying power may disappear, but looks like ur interest in sendai will never disappear dragon! Lol