| Latest Forum Topics / China Sunsine |
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ronleech
Elite |
13-Mar-2019 14:06
Yells: "Believe in yourself. Ride with the waves......" |
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Donno force buy in or married deal...time and sales marked at X | ||||
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powermikeln
Veteran |
13-Mar-2019 14:05
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can' t believe my eyes... one big order cleared a few bids all the way to 1.19... what is going on... something is happening?
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powermikeln
Veteran |
13-Mar-2019 13:27
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sigh.... Wasted... if break the day-low for today, then gone case... :( 
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powermikeln
Veteran |
13-Mar-2019 12:07
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hmm.. i think affected by the overall market sentiment... BB dumping and taking profits. now it is dropping back liao...  1.16 almost got cleared... looks like today might be not a good day after all since most counters are dropping... :( good luck...
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alidaud
Senior |
13-Mar-2019 11:37
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Buy buy
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lovetoshare
Elite |
13-Mar-2019 11:36
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go below $1 then buy can?
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powermikeln
Veteran |
13-Mar-2019 10:23
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up 5c today (4% up) despite in the big RED day in the overall market... good luck to those who vested.
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powermikeln
Veteran |
13-Mar-2019 09:44
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Pricing pickup backed by the new development (overnight announcment)... looking for further uptrend ahead... good luck!
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ronleech
Elite |
13-Mar-2019 09:34
Yells: "Believe in yourself. Ride with the waves......" |
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if can clear 1.2 it will be a clear road to recovery from the recent sell down | ||||
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ash902
Veteran |
13-Mar-2019 07:20
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The Board of Directors (the &ldquo Board&rdquo ) of China Sunsine Chemical Holdings Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to inform shareholders of the Company that its wholly-owned subsidiary, Shandong Sunsine Chemical Co., Ltd (&ldquo Shandong Sunsine&rdquo ), has, on 8 March 2019, entered into an Investment Agreement (&ldquo Agreement&rdquo ) with the People&rsquo s Government of Shanxian County (&ldquo Local Government&rdquo ), pursuant to which the Local Government has agreed to grant Shandong Sunsine a piece of land located in Shandong Shanxian Chemical Zone (the &ldquo Land&rdquo ), for Shandong Sunsine to carry out an investment project in phases (&ldquo Project&rdquo ) to further expand its capacities in Rubber Chemical products, for a total investment amount of up to RMB 2.5 billion, of which RMB 1.5 billion will be invested in property, plant and equipment. The Land, which will be acquired by Shandong Sunsine according to the land transfer procedures set by the Ministry of Natural Resources (" Acquisition" ), has a total land area of approximately 800 mu (equivalent to approximately 534,000 m2 ). The unit price of the Land will be determined by an open tender, and the lease period will be as set out in the Land Use Rights Certificate to be issued in respect of the Land in due course. Under the Agreement, Shandong Sunsine has agreed to pay RMB 20,000 per mu as a deposit for the acquisition of the Land within 10 working days upon the execution of the Agreement. The Local Government has agreed to facilitate the initiation of the Project, the usage of the Land, business and tax registration, as well as the supply of power and water to the Land. Accordingly, the Local Government will be responsible for " liutong yiping" , i.e. the supply of water, electricity, gas, telecommunications, internet and drainage, as well as to even the land for construction. With the acquisition of the Land, the Group is building up another comprehensive production base to expand its production capabilities, and will further strengthen its market leadership position in the rubber chemicals industry in the world. The Acquisition will be funded by internal resources and is not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the financial year ending 31 December 2019. As the Project will be carried out in phases, it is also not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the respective financial years. None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the Acquisition or the Project. No person is proposed to be appointed as a Director of the Company in connection with the Acquisition or the Project. Accordingly, no service contract is proposed to be entered into between the Company and any such person. | ||||
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Wind22i
Supreme |
08-Mar-2019 14:31
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maybe next week it could rebound....? as it already drop from 1.40++ to 1.12 /1.14..? |
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bicycle
Member |
08-Mar-2019 00:57
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Thank u Aizai8 | ||||
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Aizai8
Member |
07-Mar-2019 23:24
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Analyst report from KGI recommending to buy Sunsine shares out. Reports from KGI, Philips and CIMB can be found at the link below. https://www.chinasunsine.com/Investors/company-info/analyst-reports-and-media-coverage   |
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Aizai8
Member |
05-Mar-2019 16:45
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Investors are spooked by the fact that this year profit cannot match last year' s stellar profit of RMB 593m, which was on the back of high aniline prices in the first 2 quarters.
 
4Q19 low profit was due to cheap aniline. Aniline price will not remain depressed it will bounce back.
 
CIMB and Philip profit forecasts are vastly different:
 
RMB mil    2019      2020      2021
CIMB          386        410        429
Philip          538        575        n.a.
 
Even if CIMB, which gave the lower forcast, is spot-on, 2019 EPS will be 15.7 c, translating into PER below 7. 
 
Their projections of cash leve are:
 
RMB mil    2019    2020      2021
CIMB        1,277    1,575    1,952
Philip        1,365    1,781    n.a.
 
CIMB' s lower 2019 cash level will be 52c per share.   
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ash902
Veteran |
05-Mar-2019 10:06
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standard china ss heh. sell down after results - record dividend 5.5c (translates to almost 5% yield! at current price) + record profits might I add. Long term holders have seen this trend time and time again. Don' t be fearful.   |
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Mike12345
Member |
05-Mar-2019 10:02
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x 0
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Bought some CS at current level, hopefully a right decision.. | ||||
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alidaud
Senior |
04-Mar-2019 12:01
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x 0
x 0 Alert Admin |
Can wait at nerest to support 1.16
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Mike12345
Member |
04-Mar-2019 11:56
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x 0
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Time to take a contralian approach - buy, buy and buy! Buy on correction and sell on rebound!!   |
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ronleech
Elite |
04-Mar-2019 09:44
Yells: "Believe in yourself. Ride with the waves......" |
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x 0
x 0 Alert Admin |
Interesting counter...wait for selling to be done.... | ||||
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bicycle
Member |
02-Mar-2019 23:25
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