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China sunsine

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Sgvale
    14-Aug-2018 19:01  
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1.15 day lowest. Not advisable to cherry pick. Think the fall not yet bottom.
 
 
msksmsks
    14-Aug-2018 18:53  
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The selling been quite relentless .  not sure due to margin call or force selling...

But i reckoned that it had reached a level that we can' t ignored....   

The Co is  optimistic of their earnings in FY18 and looking fwd with higher dividend payout compared last year.

Hope this stock wl reverse soon.   

Cheers 
 
 
Sgvale
    14-Aug-2018 12:41  
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Selling seems yet to over.
 

 
msksmsks
    14-Aug-2018 09:47  
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Abt time for CS to recoup losses and move higher as previous sell down was overdone and unwarranted.

Cheers 
 
 
Sgvale
    13-Aug-2018 09:35  
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Sudden Buy call now. Want to exit or collect enough?
 
 
msksmsks
    13-Aug-2018 09:33  
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Philips issued Buy call .  TP$1.77
 

 
Aizai8
    13-Aug-2018 09:18  
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???

8 Aug 2018 CIMB target price $1.41
26 Jul 2018 CIMB target price $1.87

Just to add there is also a 29 Jun 2018 CIMB report by Colin Tan that stated plunge in raw material costs is favourable to Sunsine.

https://research.sginvestors.io/2018/07/china-sunsine-chemical-holdings-cgs-cimb-research-2018-06-29.html

Apa macham?
 

Aizai8      ( Date: 12-Aug-2018 13:12) Posted:

New article on Sunsine in Nextinsight questioning the basis for CIMB analyst 8 Aug report with target price of $1.41. Just 12 days ago, the same analyst gave a target price of $1.87 for Sunsine.

https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12368-china-sunsine-stock-price-fell-but-are-business-fundamentals-weaker

It is customary for Sunsine' s chairman to give cautionary remarks in results announcement, most probably to temper investors' expectations.

In contrast, AEM Holdings management' s comments were very specific. It was stated in CIMB 31 Jul 2018 report :  " Management commented " visibility into 2019 remains dim."

 

 
 
msksmsks
    12-Aug-2018 22:10  
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Glad that other pple also dispute CIMB rpt whom can prata their views. In fact the mgmt also surprised (after talking to their IR)

Cheers

Aizai8      ( Date: 12-Aug-2018 13:12) Posted:

New article on Sunsine in Nextinsight questioning the basis for CIMB analyst 8 Aug report with target price of $1.41. Just 12 days ago, the same analyst gave a target price of $1.87 for Sunsine.

https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12368-china-sunsine-stock-price-fell-but-are-business-fundamentals-weaker

It is customary for Sunsine' s chairman to give cautionary remarks in results announcement, most probably to temper investors' expectations.

In contrast, AEM Holdings management' s comments were very specific. It was stated in CIMB 31 Jul 2018 report :  " Management commented " visibility into 2019 remains dim."

 

 
 
msksmsks
    12-Aug-2018 22:02  
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I'm not sure u understand what I wrote.

What dividend are refering and at which stage (interim, final or.special )

I'm trying to explain that the Co do not give any special or interium dividend as they do not hv such Co policy but they wl give out their final dividend after their 4Q result. .

Hope it clarifies. In fact, shareholders can expect higher dividend payout this FY18.

Cheers

Wind22i      ( Date: 12-Aug-2018 21:09) Posted:

If got dividend.. then show us.. otherwise there is no dividend.. simple as that...
Dont misled or fooled ppl saying got dividend.

msksmsks      ( Date: 12-Aug-2018 11:02) Posted:

Do not mislead pple by claiming no dividend were given..... when the mgmt ever said that...

It's their 10th year anniversary last year thus hv ushered out special dividend..

It is not their Co policy to give out any special or interim dividend except annually which is being.disclosed.

However, shareholders can expect higher dividend payout this Fy18 for such excellent performance.

Cheers


 
 
Wind22i
    12-Aug-2018 21:09  
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If got dividend.. then show us.. otherwise there is no dividend.. simple as that...
Dont misled or fooled ppl saying got dividend.

msksmsks      ( Date: 12-Aug-2018 11:02) Posted:

Do not mislead pple by claiming no dividend were given..... when the mgmt ever said that...

It's their 10th year anniversary last year thus hv ushered out special dividend..

It is not their Co policy to give out any special or interim dividend except annually which is being.disclosed.

However, shareholders can expect higher dividend payout this Fy18 for such excellent performance.

Cheers

Wind22i      ( Date: 12-Aug-2018 09:59) Posted:

Now its like falling knife..
Plus no dividend ...that is also a sentiment killer.


 

 
Aizai8
    12-Aug-2018 13:12  
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New article on Sunsine in Nextinsight questioning the basis for CIMB analyst 8 Aug report with target price of $1.41. Just 12 days ago, the same analyst gave a target price of $1.87 for Sunsine.

https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12368-china-sunsine-stock-price-fell-but-are-business-fundamentals-weaker

It is customary for Sunsine' s chairman to give cautionary remarks in results announcement, most probably to temper investors' expectations.

In contrast, AEM Holdings management' s comments were very specific. It was stated in CIMB 31 Jul 2018 report :  " Management commented " visibility into 2019 remains dim."

 
 
 
msksmsks
    12-Aug-2018 11:02  
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Do not mislead pple by claiming no dividend were given..... when the mgmt ever said that...

It's their 10th year anniversary last year thus hv ushered out special dividend..

It is not their Co policy to give out any special or interim dividend except annually which is being.disclosed.

However, shareholders can expect higher dividend payout this Fy18 for such excellent performance.

Cheers

Wind22i      ( Date: 12-Aug-2018 09:59) Posted:

Now its like falling knife..
Plus no dividend ...that is also a sentiment killer.

 
 
Wind22i
    12-Aug-2018 09:59  
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Now its like falling knife..
Plus no dividend ...that is also a sentiment killer.
 
 
Aizai8
    12-Aug-2018 08:27  
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Cost of rubber accelerator constitutes to a very small proportion of the cost of producing tyre. Tariffs are not imposed on rubber accelerators.

  Some extracts from the Nextinsight article:

Tariffs were imposed on Chinese tyres a few years ago but the impact to Sunsine was minimal. Sunsine' s performance improved  during this period.

Tariffs on imported tyres are meant to help US tyre manufacturers, so the US manufacturers will but more rubber accelerators, most likely from China because bulk of the accelerators come from China.

Chinese tyre companies set up manufacturing plants overseas. Sunsine' s export sales increased.

China took steps to improve the quality of Chinese tyres.

Chinese companies took over Pirelli and Kumho.






 

Aizai8      ( Date: 11-Aug-2018 15:21) Posted:

https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12307-china-sunsine-affected-by-trade-tariff-war

 
 
Aizai8
    11-Aug-2018 15:21  
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https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12307-china-sunsine-affected-by-trade-tariff-war
 

 
Wind22i
    10-Aug-2018 14:12  
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Any impact on trade war between donald trump and china ?
 
 
msksmsks
    10-Aug-2018 13:57  
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Angmoh hses inside.......Philps shld be issuing their report soon.

Lets see whether recovery wl be in sight soon

Cheers 
 
 
msksmsks
    10-Aug-2018 13:02  
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Once 1.25 is cleared, wl pave way twds 1.28/30

hope to see a dragon fly doji in due course.

Cheers 
 
 
Battle123
    10-Aug-2018 12:40  
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Roller coaster ride

Be careful

 
 
Sgvale
    10-Aug-2018 11:57  
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Recovering in sight.
 
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