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MBULLISH Elite	02-Sep-2020 08:54        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like once break 58 It will anyhow run like eindec Anything above 80 is a bonus shadow11      ( Date: 02-Sep-2020 08:52) Posted: Let's look forward to their growth in 2021 Follow eindec run to 20c
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MBULLISH Elite	02-Sep-2020 08:53        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	The pattern has changed High volume now. Looks like going to continue Cheong I?d you want to sell I suggest you sell beyond 60 since u hold so Long alrd fighting      ( Date: 02-Sep-2020 08:50) Posted: I vested 3 times in this counter, everytime up one day and volume gone. There was one time I got 400 lots took me few days to let go slowly. Anyway, I still got some @0.035, will dump during opening. Of course I hope it will chiong for everyone. black_white      ( Date: 01-Sep-2020 22:30) Posted: --- Post Removed by User ---
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shadow11 Veteran	02-Sep-2020 08:52        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let's look forward to their growth in 2021 Follow eindec run to 20c
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linguist Veteran	02-Sep-2020 08:51        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	not sure what is the assets under ROU... but rental should be under " short term lease" as per stated on the financial statement.  if after few years the group still making loss.. means it is not controlling its expenses well? The total group revenue cannot fully covers the expenses incurred... I wonder why the freigh and handling expenses is so high... is that the norm? twentycents      ( Date: 02-Sep-2020 08:33) Posted: porbablility of the new Reporting standards ... the ROU would be the cost of the amontization (likely) that cause the net earning to go to the negative value ...  Infact, alot of companies (other than the super cash rich one) is at this level, they put rental tothe amotization too  linguist      ( Date: 02-Sep-2020 08:28) Posted: US$400,000  is  Earnings/ (Losses) before interest, taxes, depreciation and amortisation.  The final net amount is a loss of  US$(799,000). EBITDA: Revenue - Cost of sales - Salaries - Other expenses etc Net Profit/Loss: EBIDA - Depreciation etc. Some companies use EBIT, some uses EBITDA, very confusing (to want to show positivity??)... but final net amount  after all the expenses incurred, is still a loss.
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fighting Master	02-Sep-2020 08:50        fighting About Contact  Quote this Post!
x 0   x 0  Alert Admin	I vested 3 times in this counter, everytime up one day and volume gone. There was one time I got 400 lots took me few days to let go slowly. Anyway, I still got some @0.035, will dump during opening. Of course I hope it will chiong for everyone. black_white      ( Date: 01-Sep-2020 22:30) Posted: --- Post Removed by User ---
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linguist Veteran	02-Sep-2020 08:46        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	it is a loss making company, after all expenses deducted from revenue...  for both HY 2019 and HY 2020.  Just that the letter PDF shows  - Revenue - Net loss - Earnings before depreciation, armortisation, interests, taxes  Maybe black_white and some traders mistake the last shown is the final net amount, but it isnt.. Net loss is the final amount after deducting.DAIT.  Wind22i      ( Date: 02-Sep-2020 08:41) Posted: Seems like a loss making company..as per what u stated below.. linguist      ( Date: 02-Sep-2020 08:28) Posted: US$400,000  is  Earnings/ (Losses) before interest, taxes, depreciation and amortisation.  The final net amount is a loss of  US$(799,000). EBITDA: Revenue - Cost of sales - Salaries - Other expenses etc Net Profit/Loss: EBIDA - Depreciation etc. Some companies use EBIT, some uses EBITDA, very confusing (to want to show positivity??)... but final net amount  after all the expenses incurred, is still a loss.
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Wind22i Supreme	02-Sep-2020 08:41        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like a loss making company..as per what u stated below.. linguist      ( Date: 02-Sep-2020 08:28) Posted: US$400,000  is  Earnings/ (Losses) before interest, taxes, depreciation and amortisation.  The final net amount is a loss of  US$(799,000). EBITDA: Revenue - Cost of sales - Salaries - Other expenses etc Net Profit/Loss: EBIDA - Depreciation etc. Some companies use EBIT, some uses EBITDA, very confusing (to want to show positivity??)... but final net amount  after all the expenses incurred, is still a loss.   black_white      ( Date: 02-Sep-2020 00:22) Posted: --- Post Removed by User ---
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twentycents Senior	02-Sep-2020 08:38        twentycents About Contact  Quote this Post!
x 0   x 0  Alert Admin	Volume much lesser than yesterday ...
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MBULLISH Elite	02-Sep-2020 08:37        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	The depth spread is like eindec Later when it open, it will slowly cover up the spread
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twentycents Senior	02-Sep-2020 08:33        twentycents About Contact  Quote this Post!
x 0   x 0  Alert Admin	porbablility of the new Reporting standards ... the ROU would be the cost of the amontization (likely) that cause the net earning to go to the negative value ...  Infact, alot of companies (other than the super cash rich one) is at this level, they put rental tothe amotization too  linguist      ( Date: 02-Sep-2020 08:28) Posted: US$400,000  is  Earnings/ (Losses) before interest, taxes, depreciation and amortisation.  The final net amount is a loss of  US$(799,000). EBITDA: Revenue - Cost of sales - Salaries - Other expenses etc Net Profit/Loss: EBIDA - Depreciation etc. Some companies use EBIT, some uses EBITDA, very confusing (to want to show positivity??)... but final net amount  after all the expenses incurred, is still a loss.   black_white      ( Date: 02-Sep-2020 00:22) Posted: --- Post Removed by User ---
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linguist Veteran	02-Sep-2020 08:28        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	US$400,000  is  Earnings/ (Losses) before interest, taxes, depreciation and amortisation.  The final net amount is a loss of  US$(799,000). EBITDA: Revenue - Cost of sales - Salaries - Other expenses etc Net Profit/Loss: EBIDA - Depreciation etc. Some companies use EBIT, some uses EBITDA, very confusing (to want to show positivity??)... but final net amount  after all the expenses incurred, is still a loss.   black_white      ( Date: 02-Sep-2020 00:22) Posted: --- Post Removed by User ---
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twentycents Senior	02-Sep-2020 08:24        twentycents About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ethenol .... Yes .. MBULLISH      ( Date: 02-Sep-2020 07:54) Posted: Is it this chemical use make sanitizer? Wow Now then discover covid theme play for this ? 😜 shadow11      ( Date: 02-Sep-2020 07:50) Posted: They take chemical from their big boss Kellin Chemicals(zhangjiagang)Co. ,Ltd IPA chemical use for making hand sanitizer wipes etc. Covid related theme play. 😊
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MBULLISH Elite	02-Sep-2020 08:21        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Different products Can?t compare Plus Jiutian float very big This one 85pct all in their hands So very easy cornered like eindec The movement depends on the float
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papayaface Supreme	02-Sep-2020 08:19        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	So it seems that Jiutian' s chemical bring in more profits than Abundance' s and Jiutian is a better buy. Good luck  twentycents      ( Date: 02-Sep-2020 07:03) Posted: Not necessarily that way, they might both be in the chemical industry but I don't think it's the same chemicals papayaface      ( Date: 02-Sep-2020 06:43) Posted: Anyway price already ran above Juitian yesterday and Jiutian made a lot more net profit of RMB34 million at half year, so it now makes Jiutian unpriced and Abundance overpriced ??  Good luck
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MBULLISH Elite	02-Sep-2020 08:14        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow 🙏 👏 👏 Cheong like eindec la today Nothing is impossible for you Can we declare ? I believe I believe I believe shadow11      ( Date: 02-Sep-2020 08:11) Posted: I read from their financial report. Chemical Business The Group?s chemical trading business, conducted via our subsidiary, OSC, and its subsidiaries in the People?s Republic of China (the ?PRC?) and Japan (collectively the ?OSC Group?) achieved revenue of US$187.6 million, with profit after tax of US$0.4 million amidst challenges of the COVID-19 pandemic and global economic downturn. This was due mainly to certain types of chemical products that can be used to produce hand sanitiser which were in high demand. In addition, the chemical prices have increased as compared to the prices during the same period last year. MBULLISH      ( Date: 02-Sep-2020 07:54) Posted: Is it this chemical use make sanitizer? Wow Now then discover covid theme play for this ? 😜
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shadow11 Veteran	02-Sep-2020 08:11        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I read from their financial report. Chemical Business The Group?s chemical trading business, conducted via our subsidiary, OSC, and its subsidiaries in the People?s Republic of China (the ?PRC?) and Japan (collectively the ?OSC Group?) achieved revenue of US$187.6 million, with profit after tax of US$0.4 million amidst challenges of the COVID-19 pandemic and global economic downturn. This was due mainly to certain types of chemical products that can be used to produce hand sanitiser which were in high demand. In addition, the chemical prices have increased as compared to the prices during the same period last year. MBULLISH      ( Date: 02-Sep-2020 07:54) Posted: Is it this chemical use make sanitizer? Wow Now then discover covid theme play for this ? 😜 shadow11      ( Date: 02-Sep-2020 07:50) Posted: They take chemical from their big boss Kellin Chemicals(zhangjiagang)Co. ,Ltd IPA chemical use for making hand sanitizer wipes etc. Covid related theme play. 😊
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MBULLISH Elite	02-Sep-2020 07:54        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it this chemical use make sanitizer? Wow Now then discover covid theme play for this ? 😜 shadow11      ( Date: 02-Sep-2020 07:50) Posted: They take chemical from their big boss Kellin Chemicals(zhangjiagang)Co. ,Ltd IPA chemical use for making hand sanitizer wipes etc. Covid related theme play. 😊 twentycents      ( Date: 02-Sep-2020 07:03) Posted: Not necessarily that way, they might both be in the chemical industry but I don't think it's the same chemicals
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shadow11 Veteran	02-Sep-2020 07:50        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They take chemical from their big boss Kellin Chemicals(zhangjiagang)Co. ,Ltd IPA chemical use for making hand sanitizer wipes etc. Covid related theme play. 😊 twentycents      ( Date: 02-Sep-2020 07:03) Posted: Not necessarily that way, they might both be in the chemical industry but I don't think it's the same chemicals papayaface      ( Date: 02-Sep-2020 06:43) Posted: Anyway price already ran above Juitian yesterday and Jiutian made a lot more net profit of RMB34 million at half year, so it now makes Jiutian unpriced and Abundance overpriced ??  Good luck
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MBULLISH Elite	02-Sep-2020 07:40        MBULLISH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Because they are doing both papers and chemicals plus moving like eindec Quite fierce buying yesterday. See if it follows eindec and shoot past 10 I am happy with above 8 Anything is a Super bonus
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twentycents Senior	02-Sep-2020 07:09        twentycents About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dow is up yesterday, might be a good sign
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