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Collected some today.. Wait for next result to sell......
wow monster result.....
spursfan ( Date: 13-Aug-2021 22:42) Posted:
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Sinostar PEC More Than Triples its Net Profit For 2Q2021
- 2Q2021 Net profit to owners nearly tripled to RMB97.5 million
- Positive performance driven mainly by increase in production and higher average selling prices of products such as MTBE
- Net gearing improved on robust cash flow generation
https://links.sgx.com/1.0.0/corporate-announcements/XLFDVNZMEXRMM27T/679011_Sinostar_PR_2QFY2021final.pdf
- 2Q2021 Net profit to owners nearly tripled to RMB97.5 million
- Positive performance driven mainly by increase in production and higher average selling prices of products such as MTBE
- Net gearing improved on robust cash flow generation
https://links.sgx.com/1.0.0/corporate-announcements/XLFDVNZMEXRMM27T/679011_Sinostar_PR_2QFY2021final.pdf
It coming and I bet the result will be fantastic.
noobshit ( Date: 06-Aug-2021 16:13) Posted:
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Jiutian pumping hard today. hopefully can see the same soon for Sinostar.
But ultimately comes down to the earnings, whether their new plant has meaningful contribution to PL for Q2.
MTBE, LPG, Propylene prices all increased qoq and yoy, hope to see good results.
But ultimately comes down to the earnings, whether their new plant has meaningful contribution to PL for Q2.
MTBE, LPG, Propylene prices all increased qoq and yoy, hope to see good results.
Shortlisted as one of the potential rising star breakout leading to coming Q2. How can we not miss this??
Sinostar PEC Records Strong First Quarter
&bull Net profit attributable to equity holders surged more than 7,000% year-on-year to RMB59.3 million
&bull 1Q2021 Earnings turnaround on the back of increase in revenue and expansion of gross profit margins
&bull New polypropylene (" PP" ) plant is currently in trial productions and has achieved its maiden revenue contribution to the Group in 1Q2021
Sinostar PEC Records Strong First Quarter
&bull Net profit attributable to equity holders surged more than 7,000% year-on-year to RMB59.3 million
&bull 1Q2021 Earnings turnaround on the back of increase in revenue and expansion of gross profit margins
&bull New polypropylene (" PP" ) plant is currently in trial productions and has achieved its maiden revenue contribution to the Group in 1Q2021
The exec chairman tells you to buy and hold...
In its outlook, the group noted that the resumption in commercial activities and demand for personal protective equipment (PPE) such as surgical masks, shields and gloves have stimulated the sale for products such as polypropylene fibre which is utilised in the produce of these PPE.
With the completion of our new polypropylene production plant in late 2020, the group said that it has undertaken trial-run production and expects utilisation to increase within the year - which will contribute to the group' s financial performance in the year ahead.
Li Xiangping, executive chairman and CEO of Sinostar PEC, said that the new polypropylene plant has significantly expanded its polypropylene production capacity and product types, allowing the group to explore into new industries and the international markets.
He added that the group is confident of its performance for FY2021 and will continue to manage its cash flow closely and focus on operational efficiency, optimising production and exploring the international market for the group' s polypropylene.
that time can blow until
this chemical use to make ppe , chemical use to make disposable food containers!
this chemical use to make ppe , chemical use to make disposable food containers!
superstartup ( Date: 19-Jul-2021 14:46) Posted:
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No la.
That time they anyhow blow wan !
That time they anyhow blow wan !
muifan ( Date: 19-Jul-2021 14:34) Posted:
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isnt this suppose to be profiting from the great demand of PPE?!
These few days there were not much action and fewer activities and hence the prices of most shares are lacklustre and lower across the board.
If this condition continues it is not going to bode well for the stock marketa as a whole.
If this condition continues it is not going to bode well for the stock marketa as a whole.
Uptrend continue. ...
support coming? selling quite a few days....hmmm...
recovering...
nice pullback with low vol today, good buy below 0.40
today price pullback quite deep but only low volume sellers. Nobody wants to sell at this price yet. lets target higher.
If 46 break no good,, watch.. seems profit taking and shortist are too strong.. may take a rest...OTOT...:)
Another round of profit taking and short squeeze to push it to 50 and beyond... well played BB...:):):):)
Yes, good climb up to 46 and take a good breather to move higher ground... BB ll push towards 50 target...:)