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Awaiting for this one to go higher upon result announcement and also upgrade fm brokerage firms
Cheers
Cheers
Positive profit guidance. Best to come!?
Congratz.....
Current price is at the upper bollinger band.....
However RSI 60.......based on previous performance, it culd go till 80
IMHO, there shld be some more room to move up..
Cheers
Current price is at the upper bollinger band.....
However RSI 60.......based on previous performance, it culd go till 80
IMHO, there shld be some more room to move up..
Cheers
Sgvale ( Date: 27-Jul-2018 09:04) Posted:
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not much intest... compare AEM
Sgvale ( Date: 27-Jul-2018 09:04) Posted:
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Very strong open. Sold all. Bought at low
based on historical data, it had the potential of running up at least 20ct after strong profit guidance.
Cheers
Cheers
The Best is Yet to Be. At current valuation, dirt cheap.
POSITIVE PROFIT ALERT
The Board of Directors (the &ldquo Board&rdquo ) of China Sunsine Chemical Holdings Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries collectively, the &ldquo Group&rdquo ) wishes to inform shareholders and potential investors of the Company that, based on the preliminary assessment of the information currently available to the Board, including the unaudited financial statements for the 2nd quarter ended 30 June 2018 (&ldquo 2Q2018&rdquo ), the Group is expected to report a substantial increase in consolidated net profit, compared to the corresponding period from 1 April 2017 to 30 June 2017. The expected profit growth is mainly due to the increase in both average selling price (&ldquo ASP&rdquo ) and sales volume of the Group&rsquo s products. As disclosed in several of our prior results announcements, the Chinese government has been placing more emphasis on environmental protection, and more frequent environmental protection inspections were conducted. Some players in the rubber chemicals industry which failed to meet the relevant environmental regulations were forced to suspend their productions. This had resulted in the short supply in the market. As such, the Group was able to sell more products at a high ASP in 2Q2018. The above information is based on the preliminary assessment made by the Board. The Company is in the process of finalising its unaudited consolidated results for the reporting period, and the results announcement for 2Q2018 will be released on 7 August 2018.
The Board of Directors (the &ldquo Board&rdquo ) of China Sunsine Chemical Holdings Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries collectively, the &ldquo Group&rdquo ) wishes to inform shareholders and potential investors of the Company that, based on the preliminary assessment of the information currently available to the Board, including the unaudited financial statements for the 2nd quarter ended 30 June 2018 (&ldquo 2Q2018&rdquo ), the Group is expected to report a substantial increase in consolidated net profit, compared to the corresponding period from 1 April 2017 to 30 June 2017. The expected profit growth is mainly due to the increase in both average selling price (&ldquo ASP&rdquo ) and sales volume of the Group&rsquo s products. As disclosed in several of our prior results announcements, the Chinese government has been placing more emphasis on environmental protection, and more frequent environmental protection inspections were conducted. Some players in the rubber chemicals industry which failed to meet the relevant environmental regulations were forced to suspend their productions. This had resulted in the short supply in the market. As such, the Group was able to sell more products at a high ASP in 2Q2018. The above information is based on the preliminary assessment made by the Board. The Company is in the process of finalising its unaudited consolidated results for the reporting period, and the results announcement for 2Q2018 will be released on 7 August 2018.
Take some profit considering SSE reverse down.
Strong base at 147. Strong SSE opening.
The Best is Yet to Be!
Once 1.45 cleared, next 1.50 to challenge before the last high of 1.65
Indicators hv cut up and not toppish yet.
Presumably hv some more room to go up.
Cheers
Indicators hv cut up and not toppish yet.
Presumably hv some more room to go up.
Cheers
Solid!
Today up quite a lot, performance not bad
Impressive
Impressive
Sunsine?s closest peer, Yanggu Huatai released its 2Q18F guidance on 29 Jun 18, forecasting a 155-185% yoy growth in net profit to Rmb206.2m-230.5m as new capacity kicked in.
Sunsine could likewise chalk up another record set of earnings for 2Q18F and extend its record profit streak.
Sunsine could likewise chalk up another record set of earnings for 2Q18F and extend its record profit streak.
Sgvale ( Date: 24-Jul-2018 09:17) Posted:
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Aniline prices dive could be favourable to Sunsine.
Lower raw material prices could boost 3Q18F gross margins.
A beneficiary of rising US$ against renminbi
Expect Sunsine to extend record earnings streak to 2Q18F
Tyre production in China grew 7% yoy in 2017
Lower raw material prices could boost 3Q18F gross margins.
A beneficiary of rising US$ against renminbi
Expect Sunsine to extend record earnings streak to 2Q18F
Tyre production in China grew 7% yoy in 2017
Aiyo why open new thread? Just continue from existing thread lah. Easier to read all the information. Anyway sometimes really hat off to retail 'traders', despite respectable but lower profit for Q1 in the face of challenging environment, they quickly sold off once market opened😳 This set of results is expected and reasonable for goodness sake. However, if they can't hold others are more than willing to pick up. Haiz supposed to be at AGM now but leave not approved😩
This is renowned investor, Robert Stone' s baby. When price came down, he just picked up for long term investment.
nearing support 0.35