China Sunsine Chemicals Holdings

[Bluechipfan]

Results within expectation, no thank to the constant 'Positive Profit' alerts

Dividend also increased in the form of .5 cent special dividend, expected as well.

Also as expected, the company is brutally honest in the assessment of its operating environment, by pointing out the possible headwind the business could face in the next 12 months. They have gave similar assessments for 2 consecutive quarters. My take is that they know what are the challenges that lies ahead and going forward, they know what to do in order to maintain reasonable returns for shareholders. For one, the heat plant should contribute significant more for FY15. The increase of sale in anti oxidant products could also more than offset the lower sale of rubber chemical products.

This is really a different s-chip. Regular dividend since listed and for the first time, shareholder will also receive special dividend for the just ended FY. Going forward, I am confident they will continue to pay at least 1 cent dividend even in lean year and they will not hesitate to reward shareholders with special dividend in boomy years.