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Sunshine
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Green8
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25-Apr-2008 11:20
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BB wants the price goes higher then enter distribution phase. | ||||
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loyfam88
Senior |
23-Apr-2008 15:37
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Thanks for the clarification. For a moment, I thot why are they involved in pyramid selling biz. | ||||
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uming16
Member |
23-Apr-2008 14:32
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cathylmg, u & AK_Francis are wrong abt this company. this is sunshine holdings, not sunshine empire.
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cathylmg
Elite |
23-Apr-2008 14:29
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Yeah this housewife got lost about $3k in all buy another pyramid products. So stay away a far as you can.
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uming16
Member |
23-Apr-2008 14:26
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will sunshine fly again? | ||||
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uming16
Member |
21-Apr-2008 19:35
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AK_Francis, i tink u got the wrong info. this is sunshine holdings, not sunshine empire.
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AK_Francis
Supreme |
21-Apr-2008 18:50
Yells: "Happy go lucky, cheers." |
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Its something like Pyramid sales agent. You hv to camphus members to get credits, just like other pyramid sales agents, which I had attended before. Few of my former colleagues were pursuaded to join in the fun by other colleagues, but it was too late when I msg them from M'sia sometime ago. The office still around and there are members patronising the office daily. AK opine that avoid all those pyramid sales activities is the best policy. As indirectly, you will as well drag your relatives or even friends to get involve in this type of business. If you are an outspoken people, then you may still earn a bit but if you are just a housewife or weak character person, then you wouldn't make it leow. |
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uming16
Member |
21-Apr-2008 12:12
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minimal movement in this counter for a few months liao. any comments? |
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loyfam88
Senior |
03-Apr-2008 09:29
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Any news on sunshine? So much volume today. | ||||
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techsys
Master |
21-Dec-2007 14:08
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Hallo Loyfam, this is predicted, you can start to buy this counter. Get in arround .280. Sunshine has good fundamental, as you can see mostly their money keep in land. They are developing housing and office for medium range which is the biggest market nowdays. The turbulance is more because of market confident than this company performance. Analysis and fundamental are good, but psychology is bad. |
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loyfam88
Senior |
21-Dec-2007 11:42
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Any news on sunshine. It's been dropping like crazy. | ||||
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minesweeper
Member |
15-Nov-2007 16:29
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upside potential of 50%.... good stock to buy and hold..... it is trading at a very attractive price band now.... | ||||
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Pinnacle
Master |
15-Nov-2007 16:08
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Phillip Securities Research Results review. Sunshine Holdings reported a 49% dip in net profit to RMB26.0m in 3Q07 due to lower revenue of RMB103.3m as compared to RMB142.6m in 3Q06. The revenue was mainly attributed to the sales of residential units in Sunlight City ? Yi Yuan project and Western Modern City. As residential units sold in this quarter were of low margins, gross profit margin dipped 21.5 percentage points to 23.8%, from 45.3% in 3Q06. Administrative expenses (+10% yoy) and selling and distribution expenses (+582% yoy) rose in tandem with the promotional efforts for the launch of new projects in Shangqiu, Zhou Kou and Luoyang. Bulk revenue will come in fourth quarter. According to management guidance, 24,400 sqm of commercial units of Shining Holiday Shopping Centre II, 70,000 sqm of mixed development of Shangqui project and part of the Luoyang project will be sold in 4Q07. Buyers tend to take over the property in fourth quarter and renovate it before the Chinese New Year. We estimate that revenue collected for these projects will be approximately RMB660m, substantially higher than the RMB305m collected for the first nine months. Secured US$120m term loan for expansion. Sunshine has secured a US$120m loan from Deutsche Bank and United Overseas Bank to fund future land acquisition and upcoming projects. With this loan, the company targets to accumulate land reserve of at least 8 million sqm in GFA over the next two years and hopes to generate an annual turnover of 800,000 sqm in GFA beginning 2008. Reiterate BUY with fair value of S$0.66. As compared to its peers trading in Singapore and Hong Kong, Sunshine has been trading at an inexpensive valuation of 8.3X forward PE. We think that the stock has been overlooked as their projects are residing in the second and third tier cities. However, we prefer to see the cup as half full as these cities have the potential to grow with minimal government intervention. Thus, we maintain our fair value of Sunshine at S$0.66 per share, which represents an upside of 52% from the last closing price. Reiterate BUY. |
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reisspoh
Member |
30-Oct-2007 14:11
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interesting stock, worth taking a closer look ... potential | ||||
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Angie_nfl
Member |
18-Oct-2007 23:25
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minesweeper, thanks for your positive advice . . . |
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minesweeper
Member |
18-Oct-2007 22:56
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Sunshine TP is $0.66... and it has potential to reach there much sooner than expected... looking at the hot china property market, this stock has long way to go... keep vested and wait for some time before it cheong... | ||||
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Angie_nfl
Member |
18-Oct-2007 20:45
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Hi friends, Do you think Sunshire will go up some more within these few days??? |
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