Latest Forum Topics /
Jiutian Chemical
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JiutianC
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mitdam
Member |
16-Aug-2020 12:46
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think got chance go back to 20 once bb flush all the contra and weak holders. i wait to enter around there ! | ||||
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AttasBoss
Elite |
16-Aug-2020 12:44
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Rebound on mon? | ||||
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johnyap89
Veteran |
16-Aug-2020 12:40
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yeah can probably get some durians if your looking to re-enter.  
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Justice888
Supreme |
16-Aug-2020 10:43
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Yeap. Many who bought below $0.03 and $0.02 not yet sold . Wait and see first .
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johnyap89
Veteran |
16-Aug-2020 10:35
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i personally doubt it will have another push because its more likely to me that the bbs will flush out weak holders first.
can only hope bb gives support at 3x range, otherwise they might just flush back down to 2x level to force ppl out. just my take. dyodd and take care.
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camelhump
Senior |
16-Aug-2020 09:43
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hi guys, can ask a general but real life ques ? What benefit an S-chip coy has by having real big balance in china bank (real in this case because well-known Auditor said they counted the cash) but seems reluctant in clearing its debts & loans ? Thanks  | ||||
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limkopilim
Member |
16-Aug-2020 08:57
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Anymore push next few days? Or distribution continues... | ||||
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limkopilim
Member |
15-Aug-2020 12:24
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I see...thank you bro... SJ forum is enriching for newbies like me... Was shorting MT many months ago, then turn long few months back after reading all the masters prediction lol... the rest is history...![]()
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JerryMaple
Veteran |
15-Aug-2020 12:24
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Sort of monopoly.. The letter mentioned.. Don't know zhun a not.. Not there to witness.. Gamble with care..
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ssw518
Supreme |
15-Aug-2020 08:19
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bro, not saying it' s bad but be very careful if you intend to hold long term. counter like this set a target be enter, hit run / cut which ever.
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limkopilim
Member |
15-Aug-2020 08:14
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Great post, both feet grounded. Thank you! Like someone posted, invest what you can lose, calculate loss first,,, Any veteran can do help do a TP based on earnings? 
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ssw518
Supreme |
15-Aug-2020 07:53
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no matter how good the new is, always remember it' s a PRC company n everything is so far away, even if they did something funny, their gov will not punish them cos none of their business. From my real life exp, China Hingxi, go read how hundred of cash balance been ate up after entering into China by the so top management talented businesman. SGX not going to do much except putting it long time supension till " so call financial detail" all strighten up, while the china side sell off it' s billion worst entity (market valuation) in few hundreds million. Those old enough would have known they are famous in strong cask balance in Bank. btw, biggest competitor mean he monopoly? if not be careful, might be asking for money soon, right convertable loan or maybe placement. last man standing good luck to him   |
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papayaface
Supreme |
15-Aug-2020 07:30
Yells: "This is the best time to enter....when everythings uncertain" |
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Next wave is target 6.1 cts. Good luck
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OKAYCAN
Master |
15-Aug-2020 02:03
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Don' t think this game is still over, most people that bought below 30 should have already taken profit. Based on hourly chart, it hit 47 high, pull back to 36, if able to hold, most likely will go back to 41, if still can hold, most likely will test 47 again | ||||
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limkayhui
Member |
14-Aug-2020 22:56
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Yeah same here, vested... whats next target price? | ||||
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limkopilim
Member |
14-Aug-2020 22:08
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Yup bro...the reports turn me to long lol... thank you! Hope we got this good...Huat!
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JerryMaple
Veteran |
14-Aug-2020 22:03
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Don be afraid..We are on the same boat..Trust the result and your judgement..Ignore the shortists..The CEO already pointed out the biggest competitor already closed down..thats why product orders all turn to 9heaven.. The Board of Directors of Jiutian Chemical Group Limited (& ldquo Jiutian& rdquo ) is pleased to announce that the unaudited net profit for 2Q2020 came in at RMB 32.6 million, compared to a loss of RMB 7 million in the corresponding quarter of 2Q2019. This was also a significant jump from RMB 2.8 million profit reported in the preceding quarter of 1Q2020. The positive results are due to a combination of: a) A recovering China economy from the depth of the COVID-19 crisis b) A generally depressed market for energy and related commodities, resulting in low price levels of our raw materials and c) A robust demand in our main product of Methylamine and DMF which benefited from the recovering economy and permanent closure of one of our largest competitor due to their environmental reason. d)Biggest Competitor closed down  
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limkopilim
Member |
14-Aug-2020 21:52
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Agree, vested long for this. Next week prediction?
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papayaface
Supreme |
14-Aug-2020 21:49
Yells: "This is the best time to enter....when everythings uncertain" |
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Was reading thru yesterday' s announcement again and i strongly believe that this is one of the cheapest stock to accumulate as its management is expecting the record breaking performance to continue into the second half year. This would bring up the price to at least 8cts.    News release Jiutian clocked in record quarterly net profit for 2Q2020 since listing in 2006 The Board of Directors of Jiutian Chemical Group Limited (&ldquo Jiutian&rdquo ) is pleased to announce that the unaudited net profit for 2Q2020 came in at RMB 32.6 million, compared to a loss of RMB 7 million in the corresponding quarter of 2Q2019. This was also a significant jump from RMB 2.8 million profit reported in the preceding quarter of 1Q2020. The positive results are due to a combination of: a) A recovering China economy from the depth of the COVID-19 crisis b) A generally depressed market for energy and related commodities, resulting in low price levels of our raw materials and c) A robust demand in our main product of Methylamine and DMF which benefited from the recovering economy and permanent closure of one of our largest competitor due to their environmental reason. Jiutian&rsquo s Chairman, Han Lianguo, said, &ldquo We are pleased to see a significant improvement in our operating results, and in achieving a record quarterly net profit, after persevering through a very difficult FY2019. We are especially glad that various cost cutting and loss containment measures taken since 2H2019 have put us on a firmer footing, which allowed us to continue to operate efficiently and profitably focusing on products with robust demand and firm prices, taking advantage of the low raw material prices. Going forward, barring any significant resurgence of COVID-19 in China, we are hopeful that such conducive operating environment will continue for the rest of 2020 and we will continue to be very focused in maintaining the current momentum of the Company.&rdquo   Good luck   |
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destinykraze
Elite |
14-Aug-2020 16:58
Yells: "Reality is only a matter of perception" |
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clear cut distribution, all running for cover now, unlikely to see sudden rally unless some other funds bite the bait.
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