Latest Forum Topics / SunVic Chemical |
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Strenghtless Counter or something big?
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philipsim
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25-Nov-2007 05:32
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I'd probably wait till 1st week Dec to see how the trend goes. IMO, it might drop to sub $0.20 levels, and from there will be good position to buy in. With the fundamentals, I believe the fair price to look out for would be around $0.40. |
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DonOn79
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21-Nov-2007 10:39
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Event: Sunvic Chemical announced that they have sold forward 84% of their FY08 PMIDA (an upstream chemical to make pesticide) production at US$3,900/mt. PMIDA is not the company's core chemical product (about 6.4% of FY06 revenues), but it is a major earnings driver due to its vastly superior margins compared to acrylic acide and acrylate esters. Impact: Positive, The sales price is well above our expectations as the spot price as of about 3 months ago was about RMB 13,000/mt (US$1,800). We are still trying to get a hold of management to confirm a few details. In the meanwhile, we are reviewing our earnings estimates, which now appear too low. Action: Buy. Sunvic remains my top small cap stock pick. It's a classical cyclical story where you buy the stock when things look horrible (and valuations reflect that reality). Signs of the rebound already are popping up, but yet the stock has yet to move upwards. Time to buy is now. We maintain our 2 recommendation. (from Daiwa Research) |
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DonOn79
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21-Nov-2007 10:27
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wow.. hope it will chiong.. more than 80% of their existing capacity for PMIDA, considering it was insignificant previously.. this one will probably contribute significantly in 2008 performance.. finally waking up from its coma... | ||||||||||||
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ozone2002
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21-Nov-2007 09:46
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Chemical maker SunVic said its subsidiary, Jiangsu Jurong Chemical, has received orders for PMIDA from its existing customers from the US, Brazil and Argentina for 2008. According to the agreement, SunVic will be supplying an aggregate of up to 25,200 tonnes of PMIDA throughout 2008. The agreement also allows the company to negotiate and determine the pricing of PMIDA every two to three months. This means the company can be flexibility to adjust its prices according to material costs and foreign exchange. SunVic also expects PMIDA sales to contribute to its revenue and profit in the future. from the last paragraph looks like SUNVIC is posied to rise! start accumulating!~ |
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DonOn79
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19-Nov-2007 17:20
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probably something big...did some buy in today... will continue to accumulate..china stocks been whack down.. so when they recover.. this one will soar.. | ||||||||||||
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beowulf
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13-Nov-2007 00:42
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Guys, is this stock a dying stock ? ever since i got it at 0.4, it keep going down .. Donno if yesterday up trend was temporary or wat ... Are there any potential in this stock ? should i hold or cut loss ? | ||||||||||||
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DnApeh
Master |
12-Nov-2007 20:34
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Hey, melvinaw. don't lose heart. Most important thing is to live to fight another day. |
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melvinaw
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12-Nov-2007 18:46
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Hi DnApeh, i had sold mine @0.28 few days back lor... now regretted le... | ||||||||||||
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Happyseah
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12-Nov-2007 18:40
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Once positive news is out, you could consider taking profit on this counter 1st....sell on news... | ||||||||||||
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DnApeh
Master |
12-Nov-2007 15:53
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Hi, melvinaw. Sunvic not bad today. | ||||||||||||
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Roosevelt
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12-Nov-2007 13:57
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Anyone have any latest news regards to Sunvic? I'm a newbie here, need lots of help. | ||||||||||||
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melvinaw
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05-Nov-2007 15:28
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Oh my... the price i mention below is for Oculus.. Lost $$ until blur blur now... |
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melvinaw
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05-Nov-2007 15:25
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DnApeh, I guess i had to call up my broker liao.. but the price now @0.260 i really dun have the big heart to sell it now since i bought it @0.41... I do not have the email alert system le.. so sad.. |
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ghlau935
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05-Nov-2007 11:31
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787180
Master |
05-Nov-2007 11:25
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Don't touch ab a 2 mths ago the major sh holders Asean Capital had sold Sunvic and Unionmet..these 2 had many pple caught during their hey days of 80cts to $1...actively promoted by Kayhian brokers to push and sell at retail expense..reaclled some investors claim"Buy ...sur can contra..says my brokers'....sounds familiar..melvinaw..cut yr loss not too late will be another Hengxin,Magnus or UnitedFibre | ||||||||||||
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DnApeh
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05-Nov-2007 11:12
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melvinaw, if you trade a lot, your broker will help you certainly. Most of us don't, so it is useful to use the trade alert feature of the online trading system. For eg, if i buy sunvic at 0.30. I set the alerts at 0.36 when an email will be sent to me when the price is reached, then I just log on and take profit. I also set an alert at say 0.275 where i will cut my loss. In this way, you do not need to monitor all the time, as the alerts will be on all the time unless u switch it off. |
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melvinaw
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05-Nov-2007 10:49
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Hi DnApeh i am using online trading myself will i be able to ask my broker to monitor for me too? Hi Andrew Thx alot for the info! |
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Andrew
Master |
03-Nov-2007 21:47
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Hi Hulumas, why don't you share with us why < 30cts is a good value proposition in this case. Hi Melvinaw, Sharejunction is a few good article in the Research Section. Then use the keyword from these article and use Yahoo. Go for TA & FA....OK....very important. |
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DnApeh
Master |
03-Nov-2007 16:01
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Hi, melvinaw. If u got no time to monitor the share price daily, u can either leave standing instruction with your broker to call you if certain price is hit or use the email service of the trade alert feature in many brokerages' internet trading systems. |
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melvinaw
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03-Nov-2007 14:06
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Thanks alot Andrew for your advise. I tink i am severely lack of TA knowledge.. Andrew can u intro some TA website for me to learn on it? Btw i will not let go below 30cts. I guess i will hav to wait for its Q3 results. |
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