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China Sunsine Chemical
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lovetoshare
Elite |
03-Jan-2019 21:39
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Good luck
Tomorrow continue to drop
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Mr_Anonymous
Member |
03-Jan-2019 19:46
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thanks, managed to buy some heehe
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Mike12345
Member |
03-Jan-2019 17:57
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You are right for now:). Down only 5 cents today - not really big deal..big name bluechips down 30 to 40cents also no body get too excited. Recently the whole market has been falling, even DBS, OCBC in the context of SES since Dec 2018. For US stock, world class company like Apple also fell even more in percentage term the last few months. From last year low of around S$1.0 for C-Sunsine, it went up approx. 40% & some nvestors have taken profit in mid-Dec 2018 and enjoyed Christmas holidays and waiting to re-enter. if it falls to S$1 level, I will love to buy to re-load.... | ||||
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lovetoshare
Elite |
03-Jan-2019 17:32
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I told you It will fall..... Now see who will be buying at this price.. | ||||
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lovetoshare
Elite |
03-Jan-2019 16:16
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Never trust china stock forever. Or rather dont trust stock bullshit | ||||
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lovetoshare
Elite |
03-Jan-2019 16:12
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If this is a good stock.
It would keep falling back to below $1
No market confidence.
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Mike12345
Member |
02-Jan-2019 20:54
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This counter looks like has good fundamental. Since hitting recent high of S$1.4 plus, it corrected somewhat. Those retail traders probably have taken profit already in mid-Dec 2018. Very low volum on correction recently, hence quite unlikely to fall back to S$1. Lots of investors are waiting to buy on lower price, hence hard to see it falls drastically. | ||||
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lovetoshare
Elite |
26-Dec-2018 15:32
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$1 soon Base is 0.895..... Don't buy first. | ||||
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Mr_Anonymous
Member |
21-Dec-2018 12:42
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going to fall bigger and bigger | ||||
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Chinlee3
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20-Dec-2018 19:50
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Many counters are down today. | ||||
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Mr_Anonymous
Member |
20-Dec-2018 19:42
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becareful, bearish divergence. funds starting to dump | ||||
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lovetoshare
Elite |
20-Dec-2018 16:40
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Waiting for it to fall back to $1 | ||||
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mcampl
Member |
13-Dec-2018 14:15
Yells: "no discipline = gambling; discipline = investing" |
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same here. feels like a good break up though haha.
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Mike12345
Member |
12-Dec-2018 17:24
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With strong price recovery from the recent low of around S$1, time to take profit:) |
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mcampl
Member |
11-Dec-2018 16:12
Yells: "no discipline = gambling; discipline = investing" |
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I think partly cause chinese firms have a bad rep here.. but imo the red flags aren' t as big as those of Midas (high debt levels).
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Mr_Anonymous
Member |
05-Dec-2018 00:13
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any idea why sunsine keep getting queried by sgx? | ||||
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Aizai8
Member |
04-Dec-2018 20:39
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Focus should not be on new car sales in China. The Company shared the followings in its Nov 2018 presentation: 1) Global vehicle population growing, driven by rising vehicle ownership in developing countries. 2) 910 motor vehicles per 1000 people in US. 231 vehicles per 1000 people in China. 3) Replacement tire sales account for 70% of total tire sales. Remaining 30% comes from tires on new cars. Sunsine products are also used by tire factories outside of China. The company presentation slides can be found at: https://www.chinasunsine.com/files/latest-financial-highlights/uhRNjL7UChina%20Sunsine%203Q2018%20Results%20presentation-pdf.pdf
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bicycle
Member |
04-Dec-2018 12:41
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https://www.marklines.com/en/statistics/flash_sales/salesfig_china_2018 Although China Sunsine is a good company, be aware that car sales have been slowing since july. 2018 is in y/y contraction, not seen before. |
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Mike12345
Member |
03-Dec-2018 17:15
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With tradewar temporary suspended for 90 days. Strong recovery of China theme stock. This counter has recovered very well from recent correction low - time to sell into strength. Many things still can happen during the 90 days negotiation period. | ||||
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Mr_Anonymous
Member |
02-Dec-2018 18:14
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Extremely low vol sell down. Short term traders are exiting. Very healthy sign. Will accumulate more when the price fall more. | ||||
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