profit taking, hold and see the Vroom again! Can consider Opensys, higher Volume... Broke 0.37!!! Heading towards 0.38 for next ride. Good luck! Happy Holiday..
@Calvin. Why US sanction will makes middleast companies failed to make payment to sendai? Middleast revenue derived all from oil. Oil is recovering fast. That would be great news to Sendai who has been bidding for 11B projects in Oil & Gas. Apart from that, Qatar is going to spend USD500M a week all the way til World CuP 2022. Sendai strong presence on Qatar should lead them to more projects. Not to mention locally where more big projects should be out soon. Even if they failed, they have 2.5B projects on hand. For the last 2 quarter, sendai has been making losses due to impairment in the oil & gas company. The impairment already finished. So we would see the recovery in the share price. Sendai success in abroad should be viewed as positive. They have done so many famous and big projects. This company would be in the spotlight soon especially oil & gas sector recover.
@chong hon. I doubt they will. After making 2 losses for the previous 2 quarter, they will need money for new projects especially the oil&gas company. If you looking at dividend, you should look at other stocks which give much higher dividend.
@moneykj, calvin can have his own view and opinion. But I hope he doesnt keep sharing how much his stock already up, ka boom here n there. 100% - 200% profit on all his shares etc. Fact he didnt show his losses on stock either. So why bother to point out only shares that went up. Just like BJC, at 50sen, he already keep asking people to buy buy buy. 2 yrs gone, BJC down to 32.5 sen. He never mention it. He was even bother to comment anymore there. I guess he just waiting the stock up only he appear? Be frank, how many would really able to hold a stock on a downtrend for 2 yrs. Unless is for a small quantity.
@Calvin. I have the respect for your views and comment before this. But the link you shared below is an insult to all readers or to yourself. The 2 images really looks awful. Really wtf
Trump imposing higher tax or tariff tax. Who would suffer in the end? It would be the Americans. What products are not manufacture in China? Just take Apple. So with tax means higher cost. The cost will then pass on to the Americans. Same like what happen to here with GST. It will affect the sales. I dont see what is related to Sendai? Sendai market mostly in middleast, thailand, malaysia. I didnt read anywhere they got projects in China or US. Are you trying to say the market going to crash? If yes, so your BJC and all your shares would never recover either.
@calvin, when trump is going to impose this policy, who is not affected? All companies would have a risk payment default too. Fact is that india is under a better governance undee modi. So their economy is better. Qatar is hosting the 1st ever middleast world cup. Saudi arabia will be backing them up. Btw, Qatar is actually financial better than Saudi. All companies run the risk of getting bad debts too when economy no good. Sendai is good due to its track record and already hitting sales record even before big projects announcement. And they have done their impairment too on their bad assets. So they will be back.
Market will in for 1 last rally before it collapsed. US already on record high. Believed that it will rally till the tax announcement. Market are due for some correction sooner or later. As mention, Trump policy will not go down well to all people.
Just FYI, this year they already got 2 projects. Previously the CEO said there would be a few big projects coming in the first 3 months. So do expect more annoucement and also 4th quarter report. There are more projects on pipeline. Qatar rushing for world cup, malaysia KL118 and also the RAPID pengerang project plus Oil & Gas recovery would also kick start more projects. Whether there is any default in payment, that would only happen in 1 or more years time.
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....
greatinvestor
545 posts
Posted by greatinvestor > 2017-02-07 19:05 | Report Abuse
Publicbank reseach ask to lock in profit. Call for sell?