China Sunsine Chemicals

More
14 Jan 2015 13:06 - 14 Jan 2015 13:08 #21559 by SRS
SRS replied the topic: China Sunsine Chemicals
Saudi Arabia adopting the same biz strategy practised by China Sunsine in the past?


Saudi isn’t leading the charge for OPEC to cut production and raise prices. Dr Doom economist Nouriel Roubini explained it:

"Their behavior is like a typical oligopoly using predatory pricing. If you keep prices low for long enough, you get rid of those who are high marginal-cost producers, whether it’s shale gas and oil, or Russia, or Venezuela, you name it.

Secondly, you commit to your fixed investment schedule and continue to increase capacity. That’s going to lead to everybody else to underinvest in increasing capacity. In the short term, you have lower oil prices, but in the medium term you’ve flushed out your competition … you take the pain for the next 12 to 18 months, but the result is higher prices and market share down the road."
Last Edit: 14 Jan 2015 13:08 by SRS.

Please Log in to join the conversation.

More
21 Jan 2015 01:53 #21591 by BNN
BNN replied the topic: China Sunsine Chemicals
Share price had a good leg up today + 3 cents => 45 cents. The profit for FY2014 should be robust, translating into a PE of 4-5X.

Please Log in to join the conversation.

More
21 Jan 2015 01:58 - 21 Jan 2015 01:59 #21592 by BNN
BNN replied the topic: China Sunsine Chemicals
Haha.... you jokers!

yeng wrote:

potatolover wrote: My grandma said the next support level at 40 cents is coming.


Hope your grandma is zhun. I want to buy at 40 cents too.

grandfather and grandma aside, analyst fr Amfraser says:

"Given its unprecedentedly strong prospects, we argue that Sunsine should at the very least be trading at the top of its historical trading P/E of 6-7x. We therefore ascribe a target price of S$0.69 to Sunsine, which is pegged at 7x FY15F P/E."


www.nextinsight.net/index.php/story-arch...o-rise-says-amfraser

Last Edit: 21 Jan 2015 01:59 by BNN.

Please Log in to join the conversation.

More
23 Jan 2015 16:08 #21610 by BNN
BNN replied the topic: China Sunsine Chemicals
Bluechipfan @ valuebuddies.com said:

"In a nutshell, the earning is on track and EPS of SGD 10 cents for the just over FY is expected. The company is well prepared for the stricter environmental law which already come into effect, heat plant completed as scheduled, production capacity expanded as planned, loans repaid on time etc etc. Cant wait to see the balance sheet for the just ended FY! I hope to see great deduction in debt, this coupled with sustainable EPS is going to be key for me to decide whether to increase my holding or not. Of course, a slight increase in the dividend will be nice." :cheer:

Please Log in to join the conversation.

More
27 Jan 2015 17:01 - 27 Jan 2015 17:02 #21627 by Big Fish
Big Fish replied the topic: China Sunsine Chemicals
The article today ( www.nextinsight.net/index.php/story-arch...s-excluding-tbbs-fel ) estimates that net profit in 4Q2014 was RMb79 m or so.

The growth was 351% year-on-year as the profit for 4Q2013 was only RMb17.5 m.

If this estimate is any accurate, we should expect the company to issue a Positive Alert.

In the past 2 quarters, the company did announce a Positive Alert. The advance period varied widely. For 2Q Positive Alert, it was just about 1 week in advance. For 3Q, it was about 3 weeks.

Let's see if the next Positive Alert is coming out soon. The FY2014 results will be announced at the end of Feb, if the company keeps to the same schedule as for FY2013.
Last Edit: 27 Jan 2015 17:02 by Big Fish.

Please Log in to join the conversation.

More
28 Jan 2015 18:58 - 28 Jan 2015 19:33 #21637 by Kapitan
Kapitan replied the topic: China Sunsine Chemicals
Trend in pricing + profitability is in favour of producers of rubber accelerators. Benefited Sunsine probably in a big way last quarter. For the first time, Sunsine sold so much accelerators and total group sales probably exceeded RMB2 billion in 2014.

Sunsine has been making inroads in China & export markets, which was once believed impossible for a company taken over by an ex-chemistry teacher.

I hope the dividend payout will be much better than 1-cent. Gotta make hay while the sun shines. Rubber accelerators must be a commodity if the prices of one company can be taken as pretty comparable to another company's (Sunsine, in the case of the NextInsight article).
Last Edit: 28 Jan 2015 19:33 by Kapitan.

Please Log in to join the conversation.

Share Prices

Counter NameLastChange
AEM2.3800.010
$ Alliance Mineral0.2550.005
AusGroup^0.0470.001
Avi-Tech0.4950.005
Best World1.3500.020
China Sunsine0.790-
CWG Intl0.149-
Dutech0.3450.005
Federal Int0.375-
Food Empire0.600-
Geo Energy Res0.2550.005
Golden Energy0.4500.010
$ GSS Energy0.159-
Heeton0.480-
$ ISOTeam0.350-
KSH0.740-
Lian Beng0.640-
$ Miyoshi0.070-
Nordic0.480-
Oxley0.5650.005
$ Rex Intl0.0480.001
Riverstone1.045-
Roxy-Pacific0.520-
Sunningdale Tech1.9650.020
Serial System0.1680.005
Sino Grandness0.2300.010
Straco0.855-
Sunpower0.6000.010
Tiong Seng0.320-
$ Trendlines0.150-
N/A0.2250.005
Uni-Asia Grp1.390-
XMH0.250-
YZJ Shipbldg SGD1.4100.010
Powered by JoomlaGadgets

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 787 guests and no members online