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wow 1.10
scoop Liao!
After 8May, all falls back...
absolutely, if can holds well today.
8 May, last chance to buy tmr.
when XD?
Quite supported now but not sure after XD
baseless price lol - price can also maybe 90c? maybe 80c? maybe 10c possible also..
do search through prior comments / reports / annual report detailing the effect of trade tariffs of china ss, which is minimal.
do search through prior comments / reports / annual report detailing the effect of trade tariffs of china ss, which is minimal.
lovetoshare ( Date: 06-May-2019 11:03) Posted:
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Buy DBS Bank better - drop more than S$1 currently...Good yield too.
1.00 possible soon in this scenario hahaha
but 1.10 first
If can buy at $1.00 is best for this moment.
If can buy at $1.10 is also reality best for this moment.
If can buy at $1.15 is more realistic.
but must wait.....$1.15 maybe can get it....
uptrend ew
w0 109 w1 124 w2
w1 15
w2 9 tgt 115 dn 61.8%
- day chart mid @116
- px hit 115 and uturn
- look like gg to start w3
w3 24 tgt 139 up 161.8%
- w3 ext ew, wait for w2 formation
w4 9 tgt 130
w5 15 tgt 145
w0 109 w1 124 w2
w1 15
w2 9 tgt 115 dn 61.8%
- day chart mid @116
- px hit 115 and uturn
- look like gg to start w3
w3 24 tgt 139 up 161.8%
- w3 ext ew, wait for w2 formation
w4 9 tgt 130
w5 15 tgt 145
SgYuan ( Date: 23-Apr-2019 16:19) Posted:
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And also the margin is still more or less teh same :) which is very important - a good sign!!!
lovetoshare ( Date: 30-Apr-2019 10:00) Posted:
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Average selling price lower , profit will lower
But the cash equivalent increases
yah, pretty much inline with expectation :) hence you see today' s price down-side move is very much muted :) i would see it is a good news as investors now are calm and can focus more on the fundamentals and further business recovery along the way :) Let' s hear what the management has to say during the AGM shortly in the morning :) Chiong!!!
Starship ( Date: 30-Apr-2019 09:42) Posted:
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China Sunsine posts 26% drop in Q1 net profit to 110.2m yuan
MON, APR 29, 2019 - 7:58 PM
SPECIALTY rubber chemicals producer China Sunsine Chemical Holdings on Monday posted a 26 per cent fall in net profit to 110.2 million yuan (S$22.3 million) for the first quarter ended March 31.
Revenue for the quarter shrank 20 per cent to 686.6 million yuan due to a decrease in average selling price (ASP). ASP slid 24 per cent in Q1, mainly on the back of a decrease in raw material prices.
Earnings per share decreased 26 per cent to 22.42 RMB cents from 30.4 cents a year ago.
Executive chairman Xu Cheng Qiu said he was delighted despite the year-on-year profit decline, as the company still managed to achieve " satisfactory" results amid a slowdown in the global and Chinese economies.
China Sunsine increased its sales volume by 5 per cent in the quarter by increasing production and using its flexible pricing strategy, and Mr Xu said the company will continue to follow its strategy which states that " higher production leads to higher sales volume, which in turn stimulates even higher production" .
https://www.businesstimes.com.sg/companies-markets/china-sunsine-posts-26-drop-in-q1-net-profit-to-1102m-yuan
The initial sell-down failed to bring the price to its knees :) Actually it is rock solid and bounced to day-high! .1.19 IS ABOUT TO BE CLEAR!!!
Chiong and Huat!!!
Chiong and Huat!!!
lovetoshare ( Date: 29-Apr-2019 18:07) Posted:
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there is no negative.
in fact there is profit
Agree! Today Q1 result will be released as well - should be good with no surprise :)
Mike12345 ( Date: 29-Apr-2019 10:28) Posted:
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CS' s AGM is tomorrow morning at Fairmont Singapore. Think good time to buy at current level with low PER. As long as no negative surprise, share price likely to perform well in the medium term:)
$1.10