Latest Forum Topics / China Sunsine | Post Reply |
Major rubber accelerator producer
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
BullRun
Elite |
18-Jan-2008 23:31
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Way undervalued....stay tuned for the strong rebound.... THE BEST IS YET TO COME!!! |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Nokita
Senior |
18-Jan-2008 18:09
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Good day for China Sunsine. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
Nokita
Senior |
12-Jan-2008 21:58
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
|||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
puntwcare
Member |
12-Dec-2007 00:48
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Who are those pushing this counter up at end of closing with few lots. your guess.......... |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
victor_lee
Member |
11-Dec-2007 22:35
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Hmm.. this counter slowly stirring to life again... |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
zhuge_liang
Supreme |
05-Dec-2007 23:33
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
China Sunsine has received trial orders from German tyre manufacturing giant Continental AG's operations in Malaysia and South Africa. Prior to this, Continental was the only major tyre manufacturer not on China Sunsine's client list.As such, China Sunsine's client list now includes all of the global top 10 tyremanufacturers. Major international tyre manufacturers typically conduct an accreditation process lasting 6-12 months before placing trial orders from chemical suppliers. The trial orders for Continental's Malaysian plant are for 10 tonnes of CBS and 10 tonnes of TBBS, while the trial orders for its South African plant are for 40 tonnes of DCBS and 40 tonnes of DPG. The announcement is the third in a series of good news. Last month, China Sunsine announced that it would be expanding its service coverage to Pirelli Tyres (world no. 5 tyre manufacturer) to include its Brazil and Turkey operations. In the same month, China Sunsine also announced that it would be supplying Michelin (world no. 2 tyre manufacturer) with one additional high-volume product, the rubber accelerator CBS. To cater to the strong demand, China Sunsine plans to expand capacity organically from 32,000 tonnes at present to 62,000 tonnes by the end of 2008. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dmsjohn
Member |
15-Oct-2007 09:28
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
an under-valued stock in a bull market? |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shadow
Member |
12-Oct-2007 18:11
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
CHINA SUNSINE to be world's No.1 in its industry ...Read the article from the website. Thanks... Sounded so promising, why ain't this share moving ??? Will start to put that in watchlist... It is just trading slightly above IPO price... this one must watch closely........ alot of upside potential! Recently they just annouced China Sunsine?s (IPO price: 39 cents) customers include Bridgestone, Michelin and Goodyear, which together produced more than half of all tires sold worldwide in the past decade. The trio contributed 15% of China Sunsine?s revenue in 1H07. Over 400 companies in more than 30 nations across six continents use the company?s rubber accelerators. Jessie of CIMB recommended a ?buy? on the stock and set a target price of 50 cents, or 12X FY '08 earnings, in line with that of international peers Lanxess and Chemtura (United States). On Oct 2, she moved up the target price to 62 cents. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
edwinjup
Master |
11-Oct-2007 18:20
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
sunshine will be coming soon, if china stock in play....just bought 10 lots today! |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dmsjohn
Member |
09-Oct-2007 20:35
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
now a price drops with an increasing volume... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Nokita
Senior |
09-Oct-2007 12:48
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
This stock got sun shining on it or not? The CFO sounds credible in article at www.nextinsight.com.sg |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
daryl88
Member |
02-Oct-2007 11:52
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
0329 GMT [Dow Jones] STOCK CALL: CIMB ups China Sunsine Chemical (CH8.SG) target price to S$0.62 from S$0.50, pegged at 12X earnings, after rolling forward valuation basis to FY09. Says latest trial order from tyre maker Michelin positive for company as development suggests plenty of room for revenue growth from newly-acquainted tyre producers, including Good Year, Sumitomo Tyres. Sunsine to supply 10, 16 tons of rubber accelerator CBS (chemical for tyre production) to Michelin's plants in Shanghai, Shenyang respectively. Keeps Outperform call. Stock off 3.3% at S$0.445. (FKH) |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
zhuge_liang
Supreme |
23-Aug-2007 00:13
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Rubber accelerators are used by tyre makers to speed up the process of hardening latex into the final product. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
zhuge_liang
Supreme |
20-Aug-2007 21:18
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
China Sunsine, producer of rubber accelerators which are rubber-treatment chemicals used by tyre makers, said expanding production capacity and China's booming automobile sector will inflate its '07 sales by over 30%. "We hope to ride on the strong growth in China's automobile industry and also on our production capacity growth," CFO Koh Choon Kong told Reuters in an interview on Monday. China Sunsine competes with German chemicals group Lanxess and U.S.-listed chemicals maker Chemtura Corp It also competes with about 40 small private and state-owned firms in China's fragmented industry. Koh said the firm plans to ramp up its annual capacity for rubber chemicals to 47,000 tons by the end of this year, from the current 32,000 tons. "We should be able to grow our sales at least in line with the rubber accelerator industry in China, which is growing at around 30% annually," he said. He said he expected profit to grow faster than sales thanks to a 2-year corporate tax exemption that the company is enjoying as a foreign-owned firm in China. "Bottomline, we hope to grow more than the topline." The company reported '06 net profit of 63.3 million yuan on the back of 474.7 million yuan in sales. By Jun '08, China Sunsine will also start commercial production of antioxidants, added to tyres to make them last longer when exposed to the environment. By the end of '08, it expects to produce a total of 62,000 tons of rubber chemicals and anti-oxidants a year. Koh said the car industry in China is expected to keep booming, citing figures by the China Association of Automobile Manufacturers showing car sales in China rose > 25% in 1H07. To cope with capacity constraints, China Sunsine may also use its cash resources to acquire smaller related firms in China, Koh said. For 1H07, the company reported a net operating cash inflow of 36.8 million yuan. China Sunsine already supplies 9 of the world's top 10 tyre makers, including Japan's Bridgestone and France's Michelin, and expects to receive its first sales order from Germany's Continental AG by the end of the year, Koh said. Koh said the firm is also looking to venture upstream to make the raw chemicals used in its products within the next 2 to 3 years, but the move could take place as early as '08. Formerly a state-owned firm, China Sunsine -- whose name is not misspelled from "sunshine" but refers to the company's home county in China's Shandong Province - was privatised in '98 and was listed in Jul this year. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
zhuge_liang
Supreme |
07-Aug-2007 22:59
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
China Sunsine is the largest producer of rubber accelerator and the world's 2nd largest. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
tchoonw
Veteran |
24-Jul-2007 13:51
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Shorted at 47c today...Afternoon should drop back for covering. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
tchoonw
Veteran |
23-Jul-2007 11:41
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
Good opportunity to short today...shorted a handful at 46.5! can cover back cheap in the afternoon. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
tchoonw
Veteran |
20-Jul-2007 13:43
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
It's dead and will never rebound! Continue to short till 30c... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
bh704428
Veteran |
19-Jul-2007 22:12
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 1
x 0 Alert Admin |
I think this counter will rebound tomorow. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dukkha
Member |
19-Jul-2007 21:27
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
x 0
x 0 Alert Admin |
so will wait. good luck | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful To Me Not Useful To Me |