Latest Forum Topics /
Jiutian Chemical
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JiutianC
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Contratrader
Elite |
21-Aug-2020 14:50
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wow so fast 4.7c...
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Contratrader
Elite |
21-Aug-2020 14:48
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Yes a bit too fast touch 5c sellers all out hopefully later can get 4.7c...next week on track to 5.5...
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luckyboy22
Supreme |
21-Aug-2020 14:47
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Ok la in this case 5K is good enough liao
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guards80
Supreme |
21-Aug-2020 14:46
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Rsi too high liaoz overbought not much power up liaoz need low down then can push up higher
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luckyboy22
Supreme |
21-Aug-2020 14:46
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Could have make more if patient maybe 10K
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Secret_Squirrel
Elite |
21-Aug-2020 14:45
Yells: "Stay curious but skeptical" |
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I am out at 4.7 cents. Huat to the buyer.![]()
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guards80
Supreme |
21-Aug-2020 14:45
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Not bad leh fast game bought 44 1m sell 49 1. Profit 5k😁
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luckyboy22
Supreme |
21-Aug-2020 14:44
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Guard why out at so cheap price. This one can go to 7 cts leh. HUAT AAAAHHHHHH!!!!! 
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guards80
Supreme |
21-Aug-2020 14:41
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Im out at 49. Huat to all
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guards80
Supreme |
21-Aug-2020 14:39
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Rsi too high liaoz overbought need to lower down | ||||
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watashievil
Master |
21-Aug-2020 14:35
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BB like dont want let it break yet leh~ bb come on huat tgt leh~ .6 or .7 then block can annot |
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SmallSmall
Supreme |
21-Aug-2020 14:30
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$0.05 cleared :)
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luckyboy22
Supreme |
21-Aug-2020 14:23
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Wah sellers 5cts got 23 mil wall, like that how to chiong beyond 5cts?? | ||||
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Contratrader
Elite |
21-Aug-2020 14:21
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super...one hand cleared 7m at 4.9c | ||||
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lowcp1988
Member |
21-Aug-2020 13:00
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furthermore DMF and methylamine are used in making gloves and pharmaceuticals, it will definitely earn much much more. | ||||
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trademaster
Supreme |
21-Aug-2020 11:40
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Wah 47 broken, need to buy back on retracement... shit... Rerating is very positive, no wonder so strong.
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SmallSmall
Supreme |
21-Aug-2020 11:26
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Day high. $0.05 will be cleared easily :) | ||||
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Contratrader
Elite |
21-Aug-2020 11:24
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wow like your name...Huat ah!!!
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Contratrader
Elite |
21-Aug-2020 11:22
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remember last week ' s pattern ran 2 days to 4.6c then profitaking set in...hopefully same style to 5.5..
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Huataarrhh
Senior |
21-Aug-2020 11:20
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KGI report - Jiutian Chemical (Jiutian) reported a strong set of 2Q20 performance. Earnings turned around from a loss of RMB 7.0mn in 2Q19, to a profit of RMB 32.6mn in 2Q20, even as revenues declined 6% YoY. The stellar performance was mainly due to lower raw material prices, resulting in a 140% YoY increase in gross profit. - We see Jiutian as a good trading opportunity over the next 3 months, riding on strong tailwinds of favourable supply-demand of its chemical products. - Although we do not have a formal rating on Jiutian, we estimate a fair value of at least 6.8 Sing cents, based on 8x EPS of RMB 4.320 cents, or 0.86 Sing cents. We think this level of earnings is possible as 2H20 will likely be more favourable than 2Q20, as it rides on higher Average Selling Prices (ASP) and lower raw material costs. |
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