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sunview Veteran	01-Sep-2016 17:04        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shandong Yanggu Huatai Chemical 阳 谷 华 泰 (300121.SZ) is one of the major competitors of China Sunsine in China. If the compare the financial data of the two, you will be amazed by how undervalued China Sunsine is. Shandong Yanggu Huatai is trading at RMB17.75. And according to data from Morningstar, its EPS = RMB0.28, dividend = RMB0.08, book value = RMB1.89. These give PE = 63.4x dividend yield = 0.45% P/BV = 9.39 ! China Sunsine last traded at $0.385, EPS for 2Q16 = RMB0.1775 and annualised trailing 12-month EPS = $0.08925, this gives a trailing 12-month PE of 4.3x. If it continues to give 1 cent for final dividend and 0.5 cent special dividend (which it has been doing for the last 3 years) , the dividend yield would be 3.9%. The latest NTA is RMB263.48 or ~$0.53, this gives P/NTA of ~0.73x. And just for your info., Shandong Yanggu Huatai Chemical announced its half-yearly results a few days ago. Its sales was up 29.7%, but net profit increased by 204.4% yoy. Similar to China Sunsine, sales for its Insoluble sulphur jumped by 33%. It expects demands for insoluble sulphur to continue and prices for rubber accelerators will improve in the second half of the year. This should bodes well for China Sunsine as well. In view of this, Shandong Yanggu Huatai  is actually planning for a 2-phase capacity expansion for a new 20,000 ton-per-annum insoluble sulphur, 15,000 ton-per-annum MBS and 10,000-ton-per-annum NS (TBBS) lines. Its share price is actually at the high end of the 52-week range (7.31 &ndash 18.97). sinkie      ( Date: 01-Sep-2016 10:20) Posted: Shandong Yanggu Huatai Chemical Co., Ltd is already doing 18.63 https://www.google.com/finance?cid=13376590 but this china sunsine is still stucked at 0.39 [img]http://i.imgur.com/2iPhJMM.jpg[/img] Disappointing BullRun      ( Date: 11-Aug-2016 21:36) Posted: Still way undervalued
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HuathuatLeo Elite	01-Sep-2016 16:08        HuathuatLeo About Contact  Quote this Post!
x 0   x 0  Alert Admin	brudder ..welcome to SGX, the only exchange that sucks you dry. lmao hahahha sinkie      ( Date: 01-Sep-2016 10:20) Posted: Shandong Yanggu Huatai Chemical Co., Ltd is already doing 18.63 https://www.google.com/finance?cid=13376590 but this china sunsine is still stucked at 0.39 [img]http://i.imgur.com/2iPhJMM.jpg[/img] Disappointing BullRun      ( Date: 11-Aug-2016 21:36) Posted: Still way undervalued
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sinkie Member	01-Sep-2016 10:20        sinkie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shandong Yanggu Huatai Chemical Co., Ltd is already doing 18.63 https://www.google.com/finance?cid=13376590 but this china sunsine is still stucked at 0.39 [img]http://i.imgur.com/2iPhJMM.jpg[/img] Disappointing BullRun      ( Date: 11-Aug-2016 21:36) Posted: Still way undervalued! hardwired      ( Date: 11-Aug-2016 16:56) Posted: Good to know.
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BullRun Elite	11-Aug-2016 21:36        BullRun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still way undervalued! hardwired      ( Date: 11-Aug-2016 16:56) Posted: Good to know. sunview      ( Date: 11-Aug-2016 16:53) Posted: Considering the overall weak economic environment when many companies reported lower profit, the Q2 results (EPS +4%) do not look too bad to me. In the press release, the Executive Chairman  also expressed confidence for the Group' s performance in the next 12 months.
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hardwired Senior	11-Aug-2016 16:56        hardwired About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Good to know. sunview      ( Date: 11-Aug-2016 16:53) Posted: Considering the overall weak economic environment when many companies reported lower profit, the Q2 results (EPS +4%) do not look too bad to me. In the press release, the Executive Chairman  also expressed confidence for the Group' s performance in the next 12 months.
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sunview Veteran	11-Aug-2016 16:53        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Considering the overall weak economic environment when many companies reported lower profit, the Q2 results (EPS +4%) do not look too bad to me. In the press release, the Executive Chairman  also expressed confidence for the Group' s performance in the next 12 months.
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hardwired Senior	10-Aug-2016 22:25        hardwired About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	A little disappointed with results which were flat against previous year. Was hoping for stronger performance to draw stock price a bit higher. This stock has been a laggard for too long.
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HVRRVH Elite	10-Aug-2016 19:57        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	2Q net profit of RMB 49m, not bad at all. Managment continues to focus on sales and manage to chalk up yet another record sales in this generally slow economy environment. Despite lower ASP the revenue is higher than 1H15, this prove that the company is right in driving up the sales and Sunsine should continue to gain market shares with the newest plant starting production by end 2016. Moving forward, Sunsine' s clients are expected to fare better in their businesses in 2H16 and this would in turn generate more sales for Sunsine. I am cautiously optimistic that FY16' s net profit should at least maintain around RMB 200m or even better.
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HVRRVH Elite	10-Aug-2016 11:16        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	1H results out tonight. Price may found strong support at 40 cents especially if results within or exceed expectation.
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BullRun Elite	30-Jul-2016 20:57        BullRun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still way undervalued.
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HVRRVH Elite	30-Jul-2016 16:08        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	For FY2015, Sunsine ended up paying an additonal rmb 14.1 m (SGD 2.85m) tax to China tax authority. As a result, net profit for FY2015 is rmb 195m instead of 209m (about SGD 39.4m and 42.2m respectively). This arised from company' s decision not to pay out the accured staff salaries and bonuses of rmb 56m (about SGD 11m). The rmb56 million went back to company' s book and was taxed as it was eventually not paid out and non deductible. Nothing major here but the company needs to be more meticulous. 2Q results will be announced on 10.8.16, hopefully it can hit net profit of between rmb 45m and 50m.
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zandlery Supreme	15-Jul-2016 00:27        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	how many years u estimate? johnng      ( Date: 14-Jul-2016 15:11) Posted: 1 day this one will fly to $1
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johnng Supreme	14-Jul-2016 15:11        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	1 day this one will fly to $1
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HVRRVH Elite	14-Jul-2016 08:52        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Might be false queue. Just relax bro 👍 johnng      ( Date: 14-Jul-2016 08:49) Posted: go go go !!
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johnng Supreme	14-Jul-2016 08:49        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	go go go !!
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johnng Supreme	14-Jul-2016 08:16        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look at CHINA AVIATION OIL....60cents no one say good...
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johnng Supreme	14-Jul-2016 07:10        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good news upgrade by UOB
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johnng Supreme	14-Jul-2016 03:29        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thumb up man HVRRVH      ( Date: 13-Jul-2016 20:25) Posted:   Wah seh I like Who is to say this is not possible? As it is ttm eps is already more than 8 cents. Best World' s eps is only 2 cents plus and Innovalue is also with similar eps as Best World. What is driving Best World and Innovalue is proected growth, which may or may not materialise but market thinks it will thus giving high premium to Best World' s and Innovalue' s shares. On the other hand, Sunsine has been unloved due to s-chip stigma. Well, to each his own but I am vested primarily due to its constant and stable and increasing (last 2 years) dividends. I will be patience with regard to the growth part suffie to say now I am convinced not all s-chip are junk (just look at CAO and Dutech). Sunsine is already in net cash position with fast receding debts. The company in this challenging environment has been focusing on gaining market shares, which has been successful with growing sales. Of course, at this moment, the margin has to suffer but to company' s credit, the drop in margin is quite minute actually. Going forward with more certainty and substantial market shares, I hope Sunsine will consider doing M& A to unlock value for shareholders.  So is $1 a dream? In life only tax and death is a certainty.    johnng      ( Date: 13-Jul-2016 18:29) Posted: Got potential go $1...
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HVRRVH Elite	13-Jul-2016 20:25        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah seh I like Who is to say this is not possible? As it is ttm eps is already more than 8 cents. Best World' s eps is only 2 cents plus and Innovalue is also with similar eps as Best World. What is driving Best World and Innovalue is proected growth, which may or may not materialise but market thinks it will thus giving high premium to Best World' s and Innovalue' s shares. On the other hand, Sunsine has been unloved due to s-chip stigma. Well, to each his own but I am vested primarily due to its constant and stable and increasing (last 2 years) dividends. I will be patience with regard to the growth part suffie to say now I am convinced not all s-chip are junk (just look at CAO and Dutech). Sunsine is already in net cash position with fast receding debts. The company in this challenging environment has been focusing on gaining market shares, which has been successful with growing sales. Of course, at this moment, the margin has to suffer but to company' s credit, the drop in margin is quite minute actually. Going forward with more certainty and substantial market shares, I hope Sunsine will consider doing M& A to unlock value for shareholders.  So is $1 a dream? In life only tax and death is a certainty.    johnng      ( Date: 13-Jul-2016 18:29) Posted: Got potential go $1...
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zandlery Supreme	13-Jul-2016 19:58        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	dude...you just like a advertising popup....haha johnng      ( Date: 13-Jul-2016 18:29) Posted: Got potential go $1...
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