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borneo2017 Member	18-Oct-2020 15:52        borneo2017 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with x man. I have been following jiutian for a year and looking at the recent share price movement over past 2 weeks as well as the amount of volume transacted, it should be something positive than negative. It was pushed up and I believed due to someone knowing the news and buying big. This is normally how things work out. The company has backing from state own HNCN and the selling price of DMF is up 30% since June. With higher utilisation rate and higher selling price, 3rd quarter profit should be much higher than the 6.2m sing made in 2nd quarter. The fair price if current favourable conditions continue which the company is quite hopeful till year end will mean the fair price should be a lot more. Unless something unforeseen such as the permanent closure of its biggest competitor due to environmental issue happen to jiutian but don?t think this is likely as the report from 2017 said that it is focussing on safety of the plant as well as efficiency. Let?s all hope for the best. I am vested at 5.9. X-Man-X      ( Date: 18-Oct-2020 15:33) Posted: mmmouse, This is the news released by the company after they released the 2QFY20 result. They have registered record quarterly profit since their listing in 2006.   Also looking at the share performance over a week before trading halt, my view is that it will not be bad news.   So fear not.   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) ArecoveringChinaeconomyfromthedepthoftheCOVID-19crisis 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 mmmouse      ( Date: 18-Oct-2020 15:14) Posted: i am doomed leow.... this place never offer comfort only fuel with laughter and insult one .... sunmoon, midas.... only got myself to blame for silly quick fast kill and my greed got myself stuck at 0.069. Neither I can pick them up nor paying for the contra. May be need forfeit my deposit .  Now I very very frighten. it s a very very long weekend.
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watashievil Master	18-Oct-2020 15:44        watashievil About Contact  Quote this Post!
x 0   x 0  Alert Admin	aiya dun be scare la. if makes you feel better i holding 10 times the shares amount you holding leh. scare also no point filter out the noise and do more research and reading~ just plan and think of what can be done when unhalt or see if got any of family can loan from to buy over the shares ba. dun contra la, it is difficult cause you got no control will totally be played in bb hands. but i expect yea either share placement or result preempt. this company got history of pre-empt shareholders of upcoming result. since q3 reporting is round the corner. so better take time plan exit strategy or if it goes against you what can you do within your capable means. for me i expect whole of this year is good for this company. its just dunno when it will move up all depends on bb already. mmmouse      ( Date: 18-Oct-2020 15:14) Posted: i am doomed leow.... this place never offer comfort only fuel with laughter and insult one .... sunmoon, midas.... only got myself to blame for silly quick fast kill and my greed got myself stuck at 0.069. Neither I can pick them up nor paying for the contra. May be need forfeit my deposit .  Now I very very frighten. it s a very very long weekend.
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X-Man-X Member	18-Oct-2020 15:33        X-Man-X About Contact  Quote this Post!
x 0   x 0  Alert Admin	mmmouse, This is the news released by the company after they released the 2QFY20 result. They have registered record quarterly profit since their listing in 2006.   Also looking at the share performance over a week before trading halt, my view is that it will not be bad news.   So fear not.   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) ArecoveringChinaeconomyfromthedepthoftheCOVID-19crisis 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 mmmouse      ( Date: 18-Oct-2020 15:14) Posted: i am doomed leow.... this place never offer comfort only fuel with laughter and insult one .... sunmoon, midas.... only got myself to blame for silly quick fast kill and my greed got myself stuck at 0.069. Neither I can pick them up nor paying for the contra. May be need forfeit my deposit .  Now I very very frighten. it s a very very long weekend.
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mmmouse Member	18-Oct-2020 15:14        mmmouse About Contact  Quote this Post!
x 0   x 0  Alert Admin	i am doomed leow.... this place never offer comfort only fuel with laughter and insult one .... sunmoon, midas.... only got myself to blame for silly quick fast kill and my greed got myself stuck at 0.069. Neither I can pick them up nor paying for the contra. May be need forfeit my deposit .  Now I very very frighten. it s a very very long weekend.
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WarningKing Member	18-Oct-2020 14:53        WarningKing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope for the best lor... Nothing we can do now..
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Justice888 Supreme	18-Oct-2020 14:48        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No news now. Sgx under maintenance le. Only can c updates from tonight 8 pm onwards le As at 16 Oct 2020 04:33 PM | Please be informed that due to website maintenance, there will be intermittent access to our site from 08:00 am 17 Oct 2020 to 08:00 pm 18 Oct 2020 (Singapore time). We apologise for any inconvenience caused. mattohoh      ( Date: 18-Oct-2020 14:46) Posted: Sian I also dk how kena trap inside. Got any news unhalt?
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mattohoh Elite	18-Oct-2020 14:46        mattohoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sian I also dk how kena trap inside. Got any news unhalt?
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cycy818 Master	18-Oct-2020 13:35        cycy818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very bitchy😆 Ryant_Ng      ( Date: 17-Oct-2020 17:24) Posted: Yes ban, cannot login. Maybe I keep saying the downside. Ppl here like to listen upside , pity those people being trapped after taking the bait. guards80      ( Date: 17-Oct-2020 14:50) Posted: Other account banned?🤔 🤔 🤔
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pinkelephant Member	18-Oct-2020 10:43        pinkelephant About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on your previous statement JT is 95% gone! If next week JT is still exist and not gone. I suggest you should be GONE from here! Ryant_Ng      ( Date: 18-Oct-2020 10:18) Posted: JT chionggggg har!!!! Huat arrrr........ Shooooooot to the moon on more!!!!
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Ryant_Ng Member	18-Oct-2020 10:18        Ryant_Ng About Contact  Quote this Post!
x 0   x 0  Alert Admin	JT chionggggg har!!!! Huat arrrr........ Shooooooot to the moon on more!!!!
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Oceangrace Veteran	18-Oct-2020 10:15        Oceangrace About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alr so many can't sleep liao. This hater still stir fear into all vested. Ban him! Just pray that tmr trading resume and gap up big big! Cheers! vju2827      ( Date: 18-Oct-2020 10:09) Posted: I already alert Admin, his account will be banned soon. X-Man-X      ( Date: 18-Oct-2020 08:57) Posted: Fully agreed with ronleech.   This is like creating fake news.
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vju2827 Member	18-Oct-2020 10:09        vju2827 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I already alert Admin, his account will be banned soon. X-Man-X      ( Date: 18-Oct-2020 08:57) Posted: Fully agreed with ronleech.   This is like creating fake news.
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X-Man-X Member	18-Oct-2020 08:57        X-Man-X About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fully agreed with ronleech.   This is like creating fake news.
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ronleech Elite	18-Oct-2020 08:15        ronleech About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Believe in yourself. Ride with the waves......"
x 0   x 0  Alert Admin	Still now news at this moment. M&A, TO or going private.... Placement will not be a bad news.. When things start to turn around, it sure need funding.... Best of luck... Don't let those haters affect your mood
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OKAYCAN Master	17-Oct-2020 18:36        OKAYCAN About Contact  Quote this Post!
x 0   x 1  Alert Admin	Hahaha so if jiutian never suspend, you are the no brainer? Legit keyboard warrior Ryant_Ng      ( Date: 17-Oct-2020 17:37) Posted: Sorry for those no brainers keep shouting JT!!!
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Ryant_Ng Member	17-Oct-2020 17:37        Ryant_Ng About Contact  Quote this Post!
x 0   x 1  Alert Admin	Sorry for those no brainers keep shouting JT!!!
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Ryant_Ng Member	17-Oct-2020 17:29        Ryant_Ng About Contact  Quote this Post!
x 0   x 1  Alert Admin	JT don' t be like SunMoon! Better pray hard!!!!
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Ryant_Ng Member	17-Oct-2020 17:24        Ryant_Ng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes ban, cannot login. Maybe I keep saying the downside. Ppl here like to listen upside , pity those people being trapped after taking the bait. guards80      ( Date: 17-Oct-2020 14:50) Posted: Other account banned?🤔 🤔 🤔 Ryant_Ng      ( Date: 17-Oct-2020 14:49) Posted: Those vested can not do much already.   Hope for the best lor!!!!
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vju2827 Member	17-Oct-2020 16:54        vju2827 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, it should be a placement, company need more cash to fund the business, do not alarm. Newbeginner      ( Date: 17-Oct-2020 16:29) Posted: I wonder why this counter so nervous with the halt. Maybe sunmoonfood effect. I guess it maybe placement. High possibility when price go up
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Newbeginner Veteran	17-Oct-2020 16:29        Newbeginner About Contact  Quote this Post!
x 0   x 0  Alert Admin	I wonder why this counter so nervous with the halt. Maybe sunmoonfood effect. I guess it maybe placement. High possibility when price go up
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