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Jiutian Chemical
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JiutianC
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tritonyeah666
Elite |
29-Apr-2021 07:37
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-20 percent or up 20 percent? We shall see later | ||||||||||||||||||||||||
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TechnicalTrader
Master |
28-Apr-2021 23:36
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Table shows how Juitian perform in the past 5 quarters |
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watashievil
Master |
28-Apr-2021 21:54
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past few result out drop leh.. siao liao lur. this time earlier out.   |
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cheng8888
Senior |
28-Apr-2021 21:09
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We will see tomorrow and Friday...
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tritonyeah666
Elite |
28-Apr-2021 19:32
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Maybe the early release of the results this time, may stop all the hype from being priced in, and the 10-20% sell off each time after announcent will finally be over. | ||||||||||||||||||||||||
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tritonyeah666
Elite |
28-Apr-2021 19:30
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Is the results above market expectations or below? I think the last time it sold off was because it did not match to market expectations or beat the brokers targets. I think this time it beat CIMB' s target of RMB 78.5 mio. (Financial statements show 90.31 RMB million profit) which is a 28 fold surge on the same quarter in prior FY.   |
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cheng8888
Senior |
28-Apr-2021 19:28
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Don' t know what happen to the management, why can' t standardize the result announcement date. It have been 2 weeks earlier the result to be announced. They can' t let the uptrend / buying hype to continue to maximize the share price? Today down 0.2 cents. So tomorrow will up 0.2 cents. haha.........   |
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StevenKan
Master |
28-Apr-2021 19:17
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I only know how to type HUAT AH..... ahahaha.... | ||||||||||||||||||||||||
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X-Man-X
Member |
28-Apr-2021 19:15
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Based on SGYuan chart, we should be seeing wave 5 and a target of 11c.   Hence my assessment is up.   |
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tritonyeah666
Elite |
28-Apr-2021 19:11
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huat or down 10-20% tml? anyone' s guess haha | ||||||||||||||||||||||||
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X-Man-X
Member |
28-Apr-2021 19:08
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VOLUNTARY DISCLOSURE &ndash QUARTERLY UPDATE ON FINANCIAL PERFOMANCE FOR THE FIRST QUARTER ENDED 31 MARCH 2021 Jiutian Chemical Group Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) is no longer required to announce its financial statements for each of the first three quarters of its financial year in compliance with Rule 705(2)(e). The Board wishes to inform the shareholders that the Company will adopt voluntary quarterly reporting and announce such Q1 and Q3 financial results by not later than forty-five (45) days after the end of the relevant financial period. In the announcements, the Company will provide interim business performance updates of the Group. The Group recorded revenue of RMB 439.25 million in the three months ended 31 March 2021 (&ldquo 1Q2021&rdquo ), representing an increase of 120% as compared with RMB 199.39 million for the three months ended 31 March 2020 (&ldquo 1Q2020&rdquo ). Revenue increase mainly due to increase in both sales volume and average selling prices of our main products, Dimethylformamide (&ldquo DMF&rdquo ) and Methylamine. For 1Q2021, average selling prices of DMF and Methylamine were RMB9,344 per tonne and RMB 9,272 per tonne respectively, which were 98% and 38% higher than that for 1Q2020. The sales volume of DMF and Methylamine in 1Q2021 were 65% and 32% higher than that 1Q2020. The increase in sales volume and average product prices was mainly due to the continuing recovery of China&rsquo s economy from the depth of the COVID -19 crisis and surge in demand for our main products from downstream users, who in turn are experiencing strong growth in both local and export markets for their products. Year on year, the capacity utilisation of our DMF plant increased from 56% to 69% whilst capacity utilisation rate of our methylamine plant increased from 89% to full capacity. Gross profit increased by 910% mainly due to increase in average selling price of our products. As a result the foregoing, gross profit margin increased from 7% in 1Q2020 to 32% in 1Q2021. As a result of the above, the Group&rsquo s net profit attributable to Shareholders for 1Q2021 increased from RMB 2.87 million to RMB 90.31 million. Key Financial Highlights Table 1: Extract of Consolidated statement of Profit a huat ah |
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StevenKan
Master |
28-Apr-2021 19:01
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Guessing time now..... My own opinion... It will go up tomorrow. | ||||||||||||||||||||||||
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tritonyeah666
Elite |
28-Apr-2021 18:31
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so tomorrow there will be a 10-20% sell off in Jiutian is it? since after the announcement it always sell off. | ||||||||||||||||||||||||
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nott1965
Veteran |
28-Apr-2021 18:15
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No dividends declared wonder how true are the figures as usual?
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tritonyeah666
Elite |
28-Apr-2021 17:24
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Shooting star x 2. Bearish or bullish? Hmm | ||||||||||||||||||||||||
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boringGame
Member |
28-Apr-2021 16:36
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Do take note the sharp sell off right after annoucement..happened twice already | ||||||||||||||||||||||||
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tritonyeah666
Elite |
28-Apr-2021 14:27
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have to check the close price on friday to see if its game on next week or the following. | ||||||||||||||||||||||||
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zhizhong27
Senior |
28-Apr-2021 14:07
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Any updates on the results of the agm? Looks like not much impact to the price as yet.. | ||||||||||||||||||||||||
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tritonyeah666
Elite |
28-Apr-2021 12:04
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So far agm updates looks good, sometime this week may have concave scream | ||||||||||||||||||||||||
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watashievil
Master |
28-Apr-2021 11:25
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dun look good leh. back to square 1. zzz |
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