Used to own this stock and was greatly disappointed. Now is it a much better business?
Curiousparty says @ Valuebuddies.com: As Sunsine grows bigger, its competitive advantage becomes even stronger with greater EOS (economy of scale)..The current share price does not do justice to the world's No 1 top producer of rubber accelerator..
Sunsine should just delist in Spore and relist in HK where its value is better appreciated.
9-M result already 59.2m yuan. Full-year could reach 100 m yuan which is a very credible result as it is equiv to SGD20m.
PE about 6-7X then which is attractive, unless you worry like crazy about s-chip stigma.
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