China Sunsine Chemicals Holdings

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(02-11-2015, 11:31 AM)Sfsh12 Wrote: 3Q results coming up soon. Wonder how will Sunsine perform this quarter? 3Q2014 net profit was RmB83m.

(27-09-2016, 08:03 AM)weijian Wrote:
(26-09-2016, 08:34 PM)Bluechipfan Wrote: (not vested, and all comments are welcomed)

I am vested and thank you for your wishes. Notwithstanding your alarming view as highlighted above, it's hard to imagine the net profit for Sunsine would shift from few hundred millions rmb to negative. For that to happen, the whole rubber chemical industry has to collapse which mean all rubber companies have to close shop. The industry is facing headwind but is it possible for the whole rubber industry to collapse? Do we foresee all car makers will stop making cars and all existing cars don't have to change their tires anymore? Overcapacity doesn't mean no demand and overcapacity can strengthen the already strong players and weak operators would most likely cease to exist.  

Sunsine is the market leader and is in the position to sacrifice margin for market shares in the light of current economy climate. It can also withstand overcapacity issue as weaker operators will be weeded out. Just like Keppel and Sembcorp are still standing strong and the like of Swiber and Marco Polo are feeling the heat. I am fortunate to have accumulated Sunsine since 20 cents range and my average holding cost is mid 30 cents. With the dividends received so far and the low holding cost, I have cushion and I have confidence Sunsine will continue to do well. 

I can see a couple of behavioral mistakes from this post alone:
(1) The absence of evidence, does not equate to the evidence of absence.
(2) For equity owners, there is no practical difference between a company barely surviving, or shutting down in the face of a large scale industry change. In both cases, equity owners will most probably suffer a permanent capital loss. We don't seem to differentiate between causes and effects, very effectively.
(3) Anchoring your investment costs believing it is a "cushion". So $ that is won from the house, remains risk money and not your hard-earned money (ouch!) Smile

Thank you for your insightful thoughts and views. What count is realised gain and paper gain. I am doing all right on these 2 aspects. The cushion allow me to hold on to the investment comfortably (paper gain) and allow me to liquidate in time when sign of trouble surfaces. So far, the investment thesis remains unchanged to me as far as sunsine is concerned so I will continue to be vested. Sometimes too much theories make you overthink too much and do too little. Ouch to you too!😎
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Messages In This Thread
China Sunsine Chemicals Holdings - by potatolover - 23-04-2012, 09:27 AM
RE: China Sunsine Chemicals Holdings - by touzi - 23-04-2012, 10:36 PM
RE: China Sunsine Chemicals Holdings - by dydx - 10-05-2012, 08:13 PM
RE: China Sunsine Chemicals Holdings - by Nick - 10-05-2012, 11:40 PM
China Sunsine Chemicals Holdings - by godjira1 - 27-08-2012, 09:27 AM
China Sunsine Chemicals Holdings - by godjira1 - 27-08-2012, 03:42 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-08-2012, 02:29 PM
RE: China Sunsine Chemicals Holdings - by CY09 - 17-04-2013, 11:51 PM
RE: China Sunsine Chemicals Holdings - by touzi - 18-08-2013, 12:17 AM
RE: China Sunsine Chemicals Holdings - by touzi - 07-01-2014, 10:58 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 14-01-2014, 10:36 AM
RE: China Sunsine Chemicals Holdings - by touzi - 18-01-2014, 10:43 PM
RE: China Sunsine Chemicals Holdings - by dydx - 19-01-2014, 11:37 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 20-01-2014, 03:14 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 11-02-2014, 11:25 AM
RE: China Sunsine Chemicals Holdings - by cfa - 25-03-2014, 11:16 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 01-05-2014, 04:42 PM
RE: China Sunsine Chemicals Holdings - by SLC81 - 07-05-2014, 10:25 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-05-2014, 11:41 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-05-2014, 02:15 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 24-06-2014, 10:35 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 16-07-2014, 05:14 PM
RE: China Sunsine Chemicals Holdings - by pianist - 05-07-2014, 06:36 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 07-07-2014, 11:52 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 15-07-2014, 06:34 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 16-07-2014, 09:12 AM
RE: China Sunsine Chemicals Holdings - by GPD - 10-08-2014, 07:21 PM
RE: China Sunsine Chemicals Holdings - by xlandjy - 10-08-2014, 10:54 PM
RE: China Sunsine Chemicals Holdings - by GPD - 11-08-2014, 02:41 PM
RE: China Sunsine Chemicals Holdings - by Adagio - 12-08-2014, 08:12 AM
RE: China Sunsine Chemicals Holdings - by GPD - 12-08-2014, 10:37 PM
RE: China Sunsine Chemicals Holdings - by Adagio - 13-08-2014, 10:39 AM
RE: China Sunsine Chemicals Holdings - by Damien - 20-08-2014, 09:17 PM
RE: China Sunsine Chemicals Holdings - by Damien - 20-08-2014, 09:32 PM
RE: China Sunsine Chemicals Holdings - by GPD - 21-08-2014, 09:00 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 05-09-2014, 11:13 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-09-2014, 07:21 PM
RE: China Sunsine Chemicals Holdings - by sunview - 16-09-2014, 10:22 AM
RE: China Sunsine Chemicals Holdings - by Lugi71 - 16-09-2014, 11:34 AM
RE: China Sunsine Chemicals Holdings - by Adagio - 19-09-2014, 04:54 PM
RE: China Sunsine Chemicals Holdings - by sunview - 22-09-2014, 11:10 AM
RE: China Sunsine Chemicals Holdings - by sunview - 23-09-2014, 12:19 PM
RE: China Sunsine Chemicals Holdings - by Jacmar - 22-09-2014, 11:19 AM
RE: China Sunsine Chemicals Holdings - by Damien - 23-09-2014, 08:47 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 23-09-2014, 02:14 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 23-09-2014, 04:11 PM
RE: China Sunsine Chemicals Holdings - by sunview - 17-10-2014, 09:53 AM
RE: China Sunsine Chemicals Holdings - by Newman - 05-11-2014, 07:11 AM
RE: China Sunsine Chemicals Holdings - by weijian - 09-11-2014, 02:51 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-11-2014, 09:29 PM
RE: China Sunsine Chemicals Holdings - by wahkao - 14-11-2014, 09:44 PM
RE: China Sunsine Chemicals Holdings - by pianist - 15-11-2014, 09:53 AM
RE: China Sunsine Chemicals Holdings - by weii - 17-11-2014, 08:53 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 22-11-2014, 12:42 PM
RE: China Sunsine Chemicals Holdings - by Newman - 27-12-2014, 06:52 PM
RE: China Sunsine Chemicals Holdings - by DCF - 22-01-2015, 05:19 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-01-2015, 07:08 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-01-2015, 07:34 PM
RE: China Sunsine Chemicals Holdings - by DCF - 12-02-2015, 09:03 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 18-04-2015, 10:41 PM
RE: China Sunsine Chemicals Holdings - by DCF - 23-10-2015, 08:45 PM
RE: China Sunsine Chemicals Holdings - by DCF - 24-10-2015, 11:35 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 02-11-2015, 11:31 AM
RE: China Sunsine Chemicals Holdings - by touzi - 15-11-2015, 02:50 PM
RE: China Sunsine Chemicals Holdings - by touzi - 17-11-2015, 03:44 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-12-2015, 10:16 AM
RE: China Sunsine Chemicals Holdings - by ash902 - 06-02-2016, 02:37 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 09:38 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 12:32 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 05:46 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 30-04-2016, 02:53 PM
RE: China Sunsine Chemicals Holdings - by weijian - 27-09-2016, 08:03 AM
RE: China Sunsine Chemicals Holdings - by Bluechipfan - 27-09-2016, 08:29 AM
RE: China Sunsine Chemicals Holdings - by weijian - 27-09-2016, 02:58 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 05-04-2017, 04:13 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 12-04-2017, 10:02 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 23-04-2017, 09:04 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 24-04-2017, 09:23 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 24-04-2017, 11:29 AM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2017, 02:32 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2017, 06:21 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 27-04-2017, 06:36 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-05-2017, 04:51 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-05-2017, 06:41 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-05-2017, 09:37 PM
RE: China Sunsine Chemicals Holdings - by zz... - 10-05-2017, 09:45 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 11-05-2017, 09:31 AM
RE: China Sunsine Chemicals Holdings - by yeokiwi - 11-05-2017, 09:49 AM
RE: China Sunsine Chemicals Holdings - by Jacmar - 11-05-2017, 09:59 AM
RE: China Sunsine Chemicals Holdings - by weijian - 11-05-2017, 11:21 AM
RE: China Sunsine Chemicals Holdings - by gongkia - 14-05-2017, 10:37 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 17-05-2017, 10:47 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 18-05-2017, 08:30 AM
RE: China Sunsine Chemicals Holdings - by gongkia - 21-05-2017, 10:37 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-05-2017, 07:16 AM
RE: China Sunsine Chemicals Holdings - by DCF - 30-05-2017, 09:56 AM
RE: China Sunsine Chemicals Holdings - by weijian - 30-05-2017, 08:43 PM
RE: China Sunsine Chemicals Holdings - by crubs - 30-05-2017, 05:54 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 12-06-2017, 10:35 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 19-06-2017, 08:43 AM
RE: China Sunsine Chemicals Holdings - by weijian - 19-06-2017, 09:23 AM
RE: China Sunsine Chemicals Holdings - by weijian - 19-06-2017, 01:16 PM
RE: China Sunsine Chemicals Holdings - by crubs - 19-06-2017, 07:06 PM
RE: China Sunsine Chemicals Holdings - by crubs - 24-06-2017, 05:47 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 29-06-2017, 09:40 AM
RE: China Sunsine Chemicals Holdings - by PkNanas - 01-07-2017, 10:34 AM
RE: China Sunsine Chemicals Holdings - by PkNanas - 06-07-2017, 05:28 PM
RE: China Sunsine Chemicals Holdings - by crubs - 01-07-2017, 05:26 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 05-07-2017, 01:17 PM
RE: China Sunsine Chemicals Holdings - by crubs - 06-07-2017, 05:44 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 06-07-2017, 05:36 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 19-07-2017, 11:42 AM
RE: China Sunsine Chemicals Holdings - by crubs - 13-07-2017, 06:54 PM
RE: China Sunsine Chemicals Holdings - by DCF - 19-07-2017, 03:53 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 11:55 AM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 09:14 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 25-07-2017, 09:29 AM
RE: China Sunsine Chemicals Holdings - by weijian - 26-07-2017, 03:35 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 09:10 PM
RE: China Sunsine Chemicals Holdings - by weijian - 26-07-2017, 03:51 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 27-07-2017, 10:22 AM
RE: China Sunsine Chemicals Holdings - by weijian - 01-08-2017, 11:08 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 31-07-2017, 10:39 AM
RE: China Sunsine Chemicals Holdings - by weijian - 01-08-2017, 12:09 PM
RE: China Sunsine Chemicals Holdings - by weijian - 02-08-2017, 07:52 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 02-08-2017, 09:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 02-08-2017, 11:57 AM
RE: China Sunsine Chemicals Holdings - by weijian - 09-08-2017, 11:52 AM
RE: China Sunsine Chemicals Holdings - by brattzz - 09-08-2017, 01:41 PM
RE: China Sunsine Chemicals Holdings - by FA+TA - 09-08-2017, 06:03 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 09-08-2017, 06:03 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-08-2017, 09:48 PM
RE: China Sunsine Chemicals Holdings - by banker - 17-08-2017, 08:49 PM
RE: China Sunsine Chemicals Holdings - by weijian - 17-08-2017, 09:33 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 15-08-2017, 01:56 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 15-08-2017, 08:40 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 24-08-2017, 09:46 PM
RE: China Sunsine Chemicals Holdings - by crubs - 08-10-2017, 09:43 PM
RE: China Sunsine Chemicals Holdings - by crubs - 09-10-2017, 05:37 PM
China Sunsine Chemicals Holdings - by kyle - 16-11-2017, 02:11 PM
RE: China Sunsine Chemicals Holdings - by DCF - 05-12-2017, 05:23 PM
RE: China Sunsine Chemicals Holdings - by DCF - 28-12-2017, 09:34 AM
RE: China Sunsine Chemicals Holdings - by DCF - 02-01-2018, 04:42 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 19-04-2018, 07:45 PM
RE: China Sunsine Chemicals Holdings - by Terry - 20-04-2018, 06:10 PM
RE: China Sunsine Chemicals Holdings - by DCF - 11-06-2018, 04:48 PM
RE: China Sunsine Chemicals Holdings - by DCF - 22-06-2018, 03:32 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-07-2018, 02:19 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-07-2018, 06:02 PM
RE: China Sunsine Chemicals Holdings - by touzi - 15-08-2018, 09:39 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 20-09-2019, 06:58 PM
RE: China Sunsine Chemicals Holdings - by touzi - 27-05-2020, 10:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 27-05-2020, 02:52 PM
RE: China Sunsine Chemicals Holdings - by touzi - 27-05-2020, 11:31 PM
RE: China Sunsine Chemicals Holdings - by d.o.g. - 25-08-2023, 06:09 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2024, 11:07 AM
RE: China Sunsine Chemicals Holdings - by dzwm87 - 16-09-2024, 10:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 17-09-2024, 04:42 PM

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