China Sunsine Chemicals

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9 years 5 months ago - 8 years 11 months ago #21254 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
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Last edit: 8 years 11 months ago by potatolover.
The following user(s) said Thank You: Rich

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9 years 5 months ago #21265 by Rich
Replied by Rich on topic China Sunsine Chemicals
Potatolover, @ what price would you buy back China Sunsine?

40 cents ? = 4X this year's EPS? = 3.75% dividend yield *(assumes 1.5 cents payout as final dividend).

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9 years 5 months ago #21274 by Rich
Replied by Rich on topic China Sunsine Chemicals

potatolover wrote: The sell down in Sunsine might be coming soon..

Good results but yet the share price did not go up...

it might drop to say 40 cent level - a level that is very high for this S-chip....


Potatolover, why never reply?

Other investors say the company has used its high profitability = cashflow to repay its bank loans which were taken for prodn capacity expansion programmes. Over the next few Qs, more bank loans should be repaid.

What PEwould a Global Player command for its share price when the balance sheet is strengthened and (hopefully) the company's dividend goes up to 2 cents a share? Only 4-5X? Or at least 8X.

The company can do 10 SGD cents this year in EPS and that level nextyear (X fingers). 8X PE is ok or not? That means *** 80 cents!

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9 years 5 months ago - 8 years 11 months ago #21277 by potatolover
Replied by potatolover on topic China Sunsine Chemicals
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Last edit: 8 years 11 months ago by potatolover.

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9 years 5 months ago #21292 by Rich
Replied by Rich on topic China Sunsine Chemicals

potatolover wrote: P/E valuation is meaningless for S-chip.

On what price to buy back again, I may consider buying it back again at below 20 cents.

tks.


20 cents? Haha... I can develop some abs from laughing hard at your reply. My grandfather said, 40 cents you can buy already.

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9 years 4 months ago - 9 years 4 months ago #21312 by Dongdaemun
Replied by Dongdaemun on topic China Sunsine Chemicals
Nice price to enter now? Internet data shows aniline price has been coming down : http://graph.100ppi.com/?w=550&h=332&c=p&id=258&state=english

www.sunsirs.com/uk/prodetail-258.html

pg 7 of CIMB report says "aniline alone accounts for over 50% of the total production cost" of rubber accelerators.

brokingrfs.cimb.com/o7oE1K40Zp2WBkl-q3YK...0Su8uYc8fgBfF-k1.pdf

Like that, the falling aniline price will expand profit margin (everything else staying constant).
What's the % earnings impact, ah?
Last edit: 9 years 4 months ago by Dongdaemun.

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