SunVic Chemical continue upgrading and good recommendation

Thank you NextInsight as you have promoted me to Senior Boarder. Keep up your good works!

Very cheap PE, but will it rise to its full potential? This business is quite volatile. Anway, me thinks 95 cents is tops.

TigerMel, you will get a high reading this annoucnement? :::
SUNVIC CHEMICAL SECURES LONG-TERM SALES AGREEMENT
WORTH RMB4 BILLION

i know i did info.sgx.com/webcoranncatth.nsf/VwAttach...ment.pdf?openelement

Like no market interest in SunVic anymore. Even at current 72 cents. Looks cheap though = if u can believe their accounts. LOL

Sunvic has been supported by share buyback in the past 1-2 weeks. It is a cheap stock like most S-chips.

Earnings per share stands at Rmb0.72 with NAV as at 30 June of Rmb3.11 or 60 SG cents.

The stock is trading at 3.0x 2011F PE.