China Sunsine Chemicals

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27 Feb 2015 02:13 - 27 Feb 2015 02:21 #21802 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
this is the problem with S chip in general...

stingy with dividend plus seldom do share buyback...


1.5/46 cents = 3.3% dividend yield...pretty low

expect to see major sell off tomorrow..
Last edit: 27 Feb 2015 02:21 by potatolover.

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27 Feb 2015 15:37 #21804 by mslee888
Replied by mslee888 on topic China Sunsine Chemicals
Guess grandma must have badly bitten by them before.

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27 Feb 2015 15:52 - 27 Feb 2015 16:04 #21805 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
As share price is supposed to be forward looking, the management did not appear to be too optimistic going forward. pls correct if wrong.

So far already dropped 5% this morning...

Not sure if share price will drop below 40 cents ...

***



Although the automobile industry in China is poised for further growth which will indirectly
benefit our Group, US&rsquo s anti-dumping and countervailing measures against China&rsquo s tire
makers, as well as the over-capacity and under-utilisation issues faced by the China tire
industry, may dampen demand for our rubber chemical products.

The new Environmental Protection Law of China has come into force on 1 January 2015. As
environmental regulations become increasingly stringent, there may be further consolidation
in the rubber chemicals industry in China. However, as more of our competitors adjust to the
new regulations and meet compliance standards, the market supply of accelerators will
progressively increase. Further, given that international crude oil prices have fallen sharply
over the past several months, which has resulted in our main raw material prices remaining
at low levels, our selling prices may increasingly come under pressure.
Last edit: 27 Feb 2015 16:04 by potatolover.

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27 Feb 2015 18:55 #21807 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
Dropped 8.7% by now...42 cents..

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03 Mar 2015 19:52 #21828 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
Dropped below 40 cents, even after analyst called for 69 cents Target level...

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15 Apr 2015 15:53 #22077 by yeng
Replied by yeng on topic China Sunsine Chemicals
China stocks fever spreading fast. China Sunsine now at 44.5 cents, only 4.1X PE with a 1.5 cent dividend coming soon. (3.37% yield).

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Share Prices

Counter NameLastChange
AEM Holdings1.9300.030
AusGroup0.0330.002
Avi-Tech Electronics0.4200.005
Best World Int.1.360-
CEI0.955-
China Sunsine0.5100.010
CNMC GoldMine0.245-
CSE Global0.535-
Eagle HTrust USD0.515-0.005
Food Empire0.615-
Golden Energy0.159-
GSS Energy0.0860.002
ISDN Holdings0.2200.005
ISOTeam0.245-
JB Foods0.655-
KSH Holdings0.4400.010
Miyoshi0.030-
Moya Asia0.065-0.001
Nordic Group0.280-
Oxley Holdings0.350-0.005
Procurri0.475-0.005
REX International0.1860.007
Riverstone0.950-0.020
Roxy-Pacific0.4000.005
Sing Holdings0.3900.005
SingMedical0.295-
Straco Corp.0.6750.005
Sunningdale Tech1.3300.050
Sunpower Group0.5900.015
The Trendlines0.087-
Tiong Seng0.200-
Uni-Asia Group0.745-
Yangzijiang Shipbldg1.1300.040

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