Latest Forum Topics /
Jiutian Chemical
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JiutianC
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AndyKoh
Master |
09-Nov-2020 15:05
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JT - if want to trade, just be nimble..... Trade with your eyes |
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AndyKoh
Master |
09-Nov-2020 15:03
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Yeah... Bro... stabilising.... JT is still a buy at current levels... just maybe have to hold longer term....
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Contratrader
Elite |
09-Nov-2020 15:00
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This report came out on 5/11 ..that was why last friday crashed to 109..but rebounded to 11.4...today also same case so far. .I wonder why BB took it up again..is it they also take a look and see attitude on DMF fall and will recharge again when price stabilises ? Interesting ..
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AndyKoh
Master |
09-Nov-2020 15:00
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Aiyoh... Boss everyday, I talk " rot" to make everyone happy mah....haha But since Bro@machop ask about fundamentals - then I talk " ink" lor  ![]()
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Piston88
Supreme |
09-Nov-2020 14:56
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Coming | ||||
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Oceangrace
Veteran |
09-Nov-2020 14:54
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Patience....
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siucheevon
Member |
09-Nov-2020 14:52
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Thanks bro for the info provided.
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Contratrader
Elite |
09-Nov-2020 14:50
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Bro..everyday see you talk  " rot " ...wow now like got a lot of " ink" woh..salute! .hahaha..
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Justice888
Supreme |
09-Nov-2020 14:44
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20 oct is $8016. 31 oct is $11866. Now is $9166. Compare with 20th oct ... it is still up a lot.. go read the analyst report . Wat is the target price in the report ? If u afraid just sell... if u not vested then don?t buy . But if u have shorted today. Then god bless
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AndyKoh
Master |
09-Nov-2020 14:43
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According to the commodity report, DMF prices have risen by an average of RMB1k/ton since July 2020 (I did not scroll down too far down) July - Rmb5,000/ton, August - Rmb6,000/ton, Sep - Rmb7,000/ton, Oct - Rmb8,000/ton, Nov (current prices) - Rmb9,000/ton DMF prices is coming close to doubling from the earlier months of 2020.  Any softening in prices can be expected (as in share market prices) but the impact will not be felt for this full financial year.  Not only that, for commodity prices, usually there is a hedging element and the current prices of the commodity will not necessarily be inputed for the quarterly results.  In any case, unless DMF prices crash drastically, then the impact will only be felt on JT in the following financial year. JT recorded net profits of Rmb32.6m for 2Q2020 vis-a-vis loss of Rmb7m in 2Q2019 Market is expecting spectacular results for 3Q2020 for JT - which is achievable, no doubt about it. What is also interesting is JT is a turnaround story - where management has resolved to strengthen its balance sheet.  Also, JT now has a Singaporean at its helm. We like what we see in JT now and of course, now the rise in DMF prices provides a nice spin to JT' s turnaround. Let' s hope that after the release of 3Q2020 results, the price will continue to rise - maybe that is why UOB re-rated it to 16 cents per share. Huat Ah.......  
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machop
Member |
09-Nov-2020 14:11
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http://www.sunsirs.com/uk/detail_news-3635.html The expected downtrend of DMF prices doesn' t look good for JT. Anyone looking at fundamentals care to share their take on this?  |
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makdatok
Supreme |
09-Nov-2020 14:01
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Depend on bbs... how hungry they are ))
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Piston88
Supreme |
09-Nov-2020 13:59
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Credit Susie is buying | ||||
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Pepetrades
Senior |
09-Nov-2020 13:58
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Must have some comic relief, makes whatever we do more enjoyable haha 😂
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Pepetrades
Senior |
09-Nov-2020 13:56
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Let's go!!! I put on seat belt first!
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AndyKoh
Master |
09-Nov-2020 13:54
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Bro and bro@contratrader, you all have a great sense of humour.... so funny  ![]()
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AndyKoh
Master |
09-Nov-2020 13:51
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Ready mei2..... let' s huat together....everybody....
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AndyKoh
Master |
09-Nov-2020 13:50
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Bro.... I want JT to go 20-20-20!!!  ![]() Huat ahh.....
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Piston88
Supreme |
09-Nov-2020 13:47
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I think coming soon because Biden is buying
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Oceangrace
Veteran |
09-Nov-2020 13:43
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Yeah bro, u ready?
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