Latest Forum Topics / Sinostar Pec Last:0.159 +0.013 | Post Reply |
Will it be a Superstar?
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zhuge_liang
Supreme |
25-Apr-2008 12:39
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Oil refiner Sinostar dived as much as 13.8% to $0.28 after the firm issued a profit warning for its first-quarter earnings in '08. Sinostar, which makes petrochemical products such as liquefied petroleum gas, said it expects profit before taxation to be lower compared to the same period in '07 due to disruptions in production and rising oil prices. "Besides the disruptions, more importantly, we expect oil prices to stay high and this will still have a long-term effect on Sinostar's bottomline," a dealer said. Oil refiners in China are hurt by high crude prices because Chinese authorities set prices of refined fuels to make them cheaper in the face of high inflation, meaning firms like Sinostar have not been able to pass the rising cost of crude on to their end consumers. |
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ogos2992
Member |
25-Apr-2008 11:38
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shunshunlili, we're on the same boat. may be mine will put them under the bed. stuck since run up during ipo : ( still hoping. look at china energy.people say it is a falling knife ,today.....???? . : ) |
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shunshunlili
Member |
25-Apr-2008 11:29
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please do go ahead if u think it will go down further. the worst i will put them under my pillows. wish u good luck. and also wish miracle will happen, at the end of the day. profit warning doesn't mean the group will not earn more the next quarter. cheeers.......... |
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brokenheartz
Member |
25-Apr-2008 11:16
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shunshunlilihow much had u vest this counter???Be careful hor... it will go down like 3/24 $0.22 or even lower...For me i'll short it down HAahaaa |
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tl_pang
Member |
25-Apr-2008 11:04
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Better don't buy this counter, profit warning again.....Unless you have cash to hold the stock....It will drop again.....Better stay away this "superstar" | ||
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hlayar
Senior |
25-Apr-2008 10:55
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Bad news one after another. I think Sino* will not perform unless there is a trigger. It has earned itself a trading stock status as of now. Not investment quality. At closed to $1 previously, thinking that is is an SPC lookalike is dream. | ||
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jackjames
Elite |
25-Apr-2008 10:20
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personal view is today drop is as well the shortist action... when the result is out and beyond the public "loss expectation", then another round of slaughter might happen... profit guidance is never a good thing la.. keey for long term , hmm.. then, i will choose the very lowest base line, which is 0.22, heee. |
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ykjuay
Senior |
25-Apr-2008 09:58
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be careful, today got profit warning | ||
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shunshunlili
Member |
25-Apr-2008 09:53
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ya loh what to do? BB invest lah . If got extra money buy more to keep for long term loh. Still optimistic. Worry will not help. | ||
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jackjames
Elite |
25-Apr-2008 09:48
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shunshunlili, afraid, this counter is not like your name, so smooth, another profit guidance ....... oh dear..
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sarahlkh
Senior |
25-Apr-2008 09:31
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some pp offloading this morning... | ||
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shunshunlili
Member |
24-Apr-2008 18:08
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that was year 07 so don't worry too much or else more n more wrinkles . be happy then ur shares are happy when they are happy u are the happiest. cai shen dao.$$$$$$$$$$$$$$ |
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ilovebull
Member |
24-Apr-2008 17:53
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I heard that they issue profit warning... | ||
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sarahlkh
Senior |
24-Apr-2008 17:43
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shunshunlili, u r funny | ||
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shunshunlili
Member |
24-Apr-2008 16:51
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xie xie da jia sinostar wan sui bu bu gao sheng | ||
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hlayar
Senior |
24-Apr-2008 16:42
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Your name surely have positive effect on Sinostar and all counters! | ||
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shunshunlili
Member |
24-Apr-2008 16:14
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come on sinostar up up to the sky . Big Boys buy sinostar lah . Let my wish come true. Good luck ! |
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ogos2992
Member |
24-Apr-2008 10:05
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Still hoping this star will shine. Looks like the bollinger bands is squeezing tight.Hope it will follow to cheonggggg like China energy. No so bright but today already up 2c.Slowly inching up. "Its good to make others smile" : ) |
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jackjames
Elite |
23-Apr-2008 10:37
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787180, I am afraid you will be banned by SJ forum soon, don't use bad words la.. I think you are quite tiring to explain every single time when people throw this question... sad things.. me and bengster also throw this question to you.. oh well, history is history, i choose to forget your link to sinostar, haha... |
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sarahlkh
Senior |
23-Apr-2008 10:28
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78.. wad a gd recap... i remember the target price at 1.2 | ||
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