Post Reply
41-60 of 94
A PE of 15 would be nice..
hardwired ( Date: 22-Mar-2017 17:58) Posted:
|
acquisition coming... else, no reason to shoot up so much suddenly. Jia you...
junnies ( Date: 23-Mar-2017 13:42) Posted:
|
this stock has all the hallmarks of breaking out BIG
1. Accelerating earnings from loss making in 2013, to small net profit of 3.7m rmb in 2014, to 41m rmb in 2015, to 95m rmb in 2016. considering its low p/e of 8 at 0.24 current price, the p/e is very undervalued.
2. strong fundamentals no debt, solid 2.5% div yield, business model is resilient (petrochemical product)
3. accelerating buying pressure climaxing today previous volume high was 4.5 m in dec, right now its already 3.3m volume and will likely surpass previous high. breaking out from previous consolidation of 0.21 with such a high volume signifies strong buying enthusiasm for this stock
as you can see from joseph' s notes, even though this stock has gone up nearly 90%, there is still plenty of room for growth as long as the trend of accelerating earnings continue.
Super nice, this baby is rocking!!!!!
Good start today
Despite price rise, PE is still a reasonable 7.2x. I think still has room for price to advance.
Closed at 22 cts, up 71% from the date of post. Strong support at 20 cts.
Fyi.
josephyeo ( Date: 10-Oct-2016 00:47) Posted:
|
broke 0.215. Good sign. Star continues to rise.
Great!
Shares holding very well at around the 20 cts level.
Rising again. A true rising star.
Feel sorry for those contra guys. This is an illiquid stock. Chng Kay will withdraw support, so the contra guys have to sell low low. This is how the game is played, unfortunately.
Lugi71 ( Date: 03-Mar-2017 12:02) Posted:
|
Contra players and speculators getting flushed out.. standing by to scoop more...
Some background info of chairman, who worked his way up in this industry:
LI XIANG PING
Mr Li Xiang Ping started his career as an accountant at Dongming County Medicine Company in 1983. He joined the Dongming County Audit Bureau as their deputy bureau officer in 1986 where he managed internal discipline issues. In 1993, he joined Dongming County Petroleum Refining Factory as the finance manager. Mr Li subsequently became the chief accountant of Dongming County Petroleum Refining Factory and was overall in charge of the financial management of the factory.
In 1998, Mr Li was appointed as the director and chief auditor of Shandong Dongming Petrochem Group Company Limited (&ldquo Dongming Petrochem&rdquo ) and was responsible for the daily operations of the business as well as the accounting functions of the company. In 2001, Mr Li was appointed chairman of Dongming Petrochem group and has since been responsible for the overall development and operations of the business. Mr Li is a People&rsquo s Representative in the annual National People&rsquo s Congress of Shandong Province.
Mr Li is also a deputy chairman of the Dongming County Chinese People&rsquo s Political Consultative Conference. Mr Li received a senior auditor qualification from the Shandong Province Audit Profession Advance Accreditation Committee in December 1998 and a senior accounting qualification from the Shandong Province Accounting Profession Advance Accreditation Committee in December 1999.
Mr Li obtained a Bachelor&rsquo s degree in Financial Accounting from the University of Shandong Officials in 1999 and has completed a business administration graduate programme offered by the Shandong University in December 2004. Since 2015, Mr Li has been appointed as the chairman of the Association of oil & petrochemical Refinery in the Shandong province(山 东 省 炼 油 化 工 协 会 )
And do look at the bacground of the people running the company carefully, they are not the normal crook business man, or farmers turn entrepreneurs type.
I believe with their political connection, a linkup or M& A with some state own enterprises like Sinochem may be in the works.
lifeisgood ( Date: 03-Mar-2017 08:45) Posted:
|
It is a terrible comparison.
Go find out whats happening in Dutech. It is company specific, and not because it is an s-chip.
Dont try to spread fear. For that, you can go to say Sino Grandness thread.
Look at Yanlord. Its performance, both business and share price, have been excellent.
Wind22i ( Date: 03-Mar-2017 07:23) Posted:
|
"S" chip big drop..like dutech drop 10% yesterday..
Becareful of 's" chip ..
Becareful of 's" chip ..
Profit up from S$8,868,000 to S$18,588,000 - up 110.7%. No debt and a cash horde of S$98.9 mil,
which is 71.8 % of its capitalization. Too bad, market didn' t seem to be responding or is unaware of it
or maybe didn' t see value in it.
Vested. Am in for long hold.
i like its cash generating business. Current price, the business is for free. Hope it doesn' t change too much, it has a simple business that i like. The interest income seems low, might have some accounting error for this. Not a problem anyway. Interest income is a big recurring income for sinostar.
hardwired ( Date: 02-Mar-2017 10:32) Posted:
|