05-07-2018, 11:03 PM
(05-07-2018, 09:47 PM)tiongkokgor Wrote:(05-07-2018, 05:41 PM)Bluechipfan Wrote: http://infopub.sgx.com/FileOpen/20180705...eID=513261Bluekelah,
After having seen and interacted with Mr Koh at various AGMs, I believe the Oriental episode will fortify his will and desire to serve as ID of Sunsine with greater resolves and to the best of his ability.
Any ideas why Sunsine's share price has fallen more than 12% in the past week?
I take the liberty that your message is meant for me. To your question, I don’t know.
Sunsine’s 1H18 earnings is very clear visibly. I would not think 2H18’s performance will be very far off from 1H18 so FY18 should be another blockbuster year. Personally I think the TPs by the two houses are reasonable and even conservative. Perhaps market is not too clear about Sunsine’s prospects after FY18. However, the general market sentiments are negative for confluences reasons and that could drive price down. I don’t really bother because at one stage in the past, Sunsine’s share price also corrected 25%. I would just tune down the noises (a lot of it now by the way, suddenly many TA experts busy identifying support levels all over invest forums) and stay vested.