Curiousparty is hard at work again warning people in post 484 that s-chips are poisonous and should be avoided:
“One needs to appreciate and understand the mentality of s-chip companies . Why did they want to list in SGX ? Who has the last laugh - it remains to be seen ...”
But he praised Sunsine sky high in Puntersgallery.
Does Curiousparty think it is perfectly ok to praise Sunsine sky high in Puntersgallery, but cast doubt about the company in Valuebuddies.
Curiousparty’s post in Puntersgallery
29-May-2014, 02:43 PM
“This is really one of the few best S-chips we have seen so far.
No rights issues, dividend every year since day 1, share buy back, etc.
Given their foresight of advanced investment in green and environmentally friendly pollution control technologies, they are now going to reap the handsome rewards.
Based on the 1Q2014 announcement by Sunsine, many of its competitors had already suspended their operations due to Government action on environmental protection, resulting in a decrease in supply of rubber accelerators. Sunsine will then switch back to increase the price of their products.
Although very capital intensive, sunsine is helped by having a much greater EOS (economy of scale) compared to the other much smaller players. Hence, sunsine has a much lower cost structure and it can afford to play down the prices for the last few years to drive out and suffocate its competitors.
It is a virtuous cost cycle for sunsine. As more companies die out, EOS will get higher and cost structure (per unit volume) will be further lowered.
If everything pans out, sunsine share price should hit a new high over the next few quarters (probably in the region of 35 to 40 cents).”
http://www.puntersgallery.com/archive/in...t-201.html
(vested)
(10-11-2014, 08:51 AM)Young Investor Wrote: [ -> ]Curiousparty is hard at work again warning people in post 484 that s-chips are poisonous and should be avoided:
“One needs to appreciate and understand the mentality of s-chip companies . Why did they want to list in SGX ? Who has the last laugh - it remains to be seen ...”
But he praised Sunsine sky high in Puntersgallery.
Does Curiousparty think it is perfectly ok to praise Sunsine sky high in Puntersgallery, but cast doubt about the company in Valuebuddies.
Curiousparty’s post in Puntersgallery
29-May-2014, 02:43 PM
“This is really one of the few best S-chips we have seen so far.
No rights issues, dividend every year since day 1, share buy back, etc.
Given their foresight of advanced investment in green and environmentally friendly pollution control technologies, they are now going to reap the handsome rewards.
Based on the 1Q2014 announcement by Sunsine, many of its competitors had already suspended their operations due to Government action on environmental protection, resulting in a decrease in supply of rubber accelerators. Sunsine will then switch back to increase the price of their products.
Although very capital intensive, sunsine is helped by having a much greater EOS (economy of scale) compared to the other much smaller players. Hence, sunsine has a much lower cost structure and it can afford to play down the prices for the last few years to drive out and suffocate its competitors.
It is a virtuous cost cycle for sunsine. As more companies die out, EOS will get higher and cost structure (per unit volume) will be further lowered.
If everything pans out, sunsine share price should hit a new high over the next few quarters (probably in the region of 35 to 40 cents).”
http://www.puntersgallery.com/archive/in...t-201.html
(vested)
I think CP is a she. Anyway I already said her action is disgusting. I am sure she had benefited from the appreciation of price before she exited. With money in her pocket she now sing totally different tune when there is NOTHING to suggest the fundamental of sunsine has changed. On the contrary, all available and objective information seems pointing to greater prospects for the company. Enough said. Only she knows her intention.
Let's refocus on company issue, rather than spending time on individual behavior. It is much more productive to discuss on company issues.
Thanks.
Regards
Moderator
As expected, a good 3Q result...
(not vested)
China Sunsine sees 3Q earnings soar on shortage of rubber accelerators
By PC Lee / TheEdge Markets.com | November 12, 2014 : 7:18 PM MYT
SINGAPORE (Nov 12): China Sunsine Chemical Holdings ( Financial Dashboard), the specialty rubber chemicals producer, saw 3Q14 earnings more than treble to RMB 83 million ($17.5 million) from RMB 27.1 million a year ago.
Riding on the shortage of rubber accelerators, the group’s main product, China Sunsine said revenue in 3Q14 grew 32% to RMB 582.2 million compared to RMB 440.3 million in 3Q2013.
ASP for all products in this quarter increased to RMB 20,142 per ton from RMB 17,330 per ton in 3Q2013, due mainly to the significant increase in ASP of accelerators which jumped from RMB 18,566 per ton in 3Q2013 to RMB 22,822 per ton in this quarter.
...
http://www.theedgemarkets.com/sg/article...celerators
CityFarmer Wrote:As expected, a good 3Q result... (not vested) China Sunsine sees 3Q earnings soar on shortage of rubber accelerators By PC Lee / TheEdge Markets.com | November 12, 2014 : 7:18 PM MYT SINGAPORE (Nov 12): China Sunsine Chemical Holdings ( Financial Dashboard), the specialty rubber chemicals producer, saw 3Q14 earnings more than treble to RMB 83 million ($17.5 million) from RMB 27.1 million a year ago. Riding on the shortage of rubber accelerators, the group’s main product, China Sunsine said revenue in 3Q14 grew 32% to RMB 582.2 million compared to RMB 440.3 million in 3Q2013. ASP for all products in this quarter increased to RMB 20,142 per ton from RMB 17,330 per ton in 3Q2013, due mainly to the significant increase in ASP of accelerators which jumped from RMB 18,566 per ton in 3Q2013 to RMB 22,822 per ton in this quarter. ... http://www.theedgemarkets.com/sg/article...celerators
As expected , price dropped by 10% today despite good results
Tiggerbee Wrote:Traders taking profit..
How does one know it is traders taking profit ?
Could it be due to some other reasons ?
(14-11-2014, 07:40 PM)Curiousparty Wrote: [ -> ]Tiggerbee Wrote:Traders taking profit..
How does one know it is traders taking profit ?
Could it be due to some other reasons ?
what reason might that be?
(14-11-2014, 07:40 PM)Curiousparty Wrote: [ -> ]Tiggerbee Wrote:Traders taking profit..
How does one know it is traders taking profit ?
Could it be due to some other reasons ?
I think hard and long and realise it is pointless to respond to your posting.