Another undervalued stock

More
9 years 11 months ago #19761 by BNN
Replied by BNN on topic Another undervalued stock
If you have confidence still in S-Chips, I understand that China Sunsine Chemical is on track for strong profit growth. Let's track it. Today 23.5 cents, despite reporting net profit growth of 95% to RMB 22.8 million for the first quarter ended 31 March 2014.

Please Log in or Create an account to join the conversation.

More
9 years 10 months ago #20084 by BNN
Replied by BNN on topic Another undervalued stock
market always has surprises. Today's surprise is the selling of 853,000 shares of China Sunsine. Who are throwing in the towel? And who are buying at 23.5 cents -- there is a resistance and ability to absorb the selling. The accelerator market in China is turning very favourable to Sunsine with ASPs gone up and local analysts noting all these in their reports -- and the 1 SZ-listed stock in this industry has shot thru the roof, I m told.

Please Log in or Create an account to join the conversation.

More
9 years 10 months ago #20247 by Garak
Replied by Garak on topic Another undervalued stock
XMH's net profit for FY2014 was about flattish (after excluding provision for claim by customer). The outlook -- not so great in the Indon coal sector.

Marco Polo's first half results reflected the same situation, as greed&fear said at Valuebuddies.com: "Gross profit margin plunged from 40% to 28% and this was ascribed mainly to lower utilisation of the companies barges and tugs. The barges are primarily used for coal transportation in Indonesia. There seems to be continued weakness in the Indonesian coal sector and this should continue to negatively impact XMH's sale of ship engines to Indonesia."

Please Log in or Create an account to join the conversation.

More
9 years 9 months ago - 9 years 9 months ago #20407 by BNN
Replied by BNN on topic Another undervalued stock
5 weeks ago, I posted above on China Sunsine. it has zoomed from 23.5 cents to 28 cents. The fundamentals are stronger than ever, so the story goes regarding increases in ASP for rubber accelerators amid shortage of supply of an intermediate product. The 1st target price would be, imho, 50 cents.

Last edit: 9 years 9 months ago by BNN.

Please Log in or Create an account to join the conversation.

More
9 years 9 months ago #20408 by Bestworld
Replied by Bestworld on topic Another undervalued stock
Marco Polo and China Sunsine look great. Best World may be the forgotten gem too!

Please Log in or Create an account to join the conversation.

More
9 years 9 months ago #20409 by GMO
Replied by GMO on topic Another undervalued stock
Well Supports.

Please Log in or Create an account to join the conversation.

Time to create page: 0.229 seconds
Powered by Kunena Forum
 

We have 1542 guests and no members online

rss_2 NextInsight - Latest News