Jiutian Chemial

Surprisingly, methanol price has gone up a lot (close to 20% in past 3 months), contrary to expectations. Methanol is input chemical for Jiutian. Its output is DMF, whose price has come off from the peak (but still +20% in past 3 months). That's likely why Jiutian share price has trended down .

Lots to like about Jiutian, especially the huge profit surge that will be reported for 2Q. 
Key raw material is methanol -- pretty mild price increase.
Key product is DMF --- large selling price rise. 

KGI 's target price is 14 cents. Currently trading price is 8.4 cents. OK, it is tremendous upside potential. 

Share some figures:

1. capitalisation - S$165.0 mil
2. Profit half year - S$33.6 mil
3. half year p/e ratio - 4.9 X
4. dividend 1Q - 0.35 cents
5. share price - 8.3 cents
6. dividend yield - 4.2%

Management comments:
" we anticipate the production operations of the Group to be smooth and
product prices to remain stable for the rest of the financial year" .

Above are for info only, not a buy/sell call. Dyodd

What do you think of Sinostar Pec

I think its a good company.
Not vested

Lee Chee Seng Executive Director, Jiutian Chemical Group, has just bought 3,000,000 shares.
He paid $219,027.62  --> means 7.3 cents a share.

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