FEW S-CHIPS, or any Singapore-listed company for that matter, have done as well as China Sunsine this year.
The company's stock is up from 21 cents at the start of 2014, closing recently at 41 cents for a 95% gain.
Add in the 1-cent dividend paid out in May 2014, and the gain is 100%. (It's the 7th successive year that China Sunsine has paid 1-c as dividend).
For why things have gone swimmingly for the company and its outlook, see: CHINA SUNSINE: Raw Material Costs Fall But The Real Profit Drivers Are ......
AmFraser Securities, the only house covering the stock currently, has a target price of 69 cents based on 7X FY2014 earnings.
For those who are not entirely familiar with the company, it is the world's largest producer of rubber accelerators with a 20% global market share.
These are chemicals that are used to speed up the vulcanisation processin tyre manufacturing.
China Sunsine counts 45 of the world's top 75 tyre manufacturers among its clients, including Bridgestone, Michelin and Goodyear.
We recently stumbled on a video apparently produced by the company, and uploaded to YouTube in 2011.
Watching this video, you will gain insights into the nature of the business, its scale and the achievements of the company and the management.
Recent story: CHINA SUNSINE: Weaker ASPs but rising sales volume & low raw material costs
Stock Price
AEM Holdings (AWX) 2.360 -0.030 (-1.26%) Best World (CGN) 2.480 0.010 (0.40%) Boustead Singapore (F9D) 0.945 0.005 (0.53%) Broadway Ind (B69) 0.133 0.006 (4.72%) China Aviation Oil (S) (G92) 0.920 0.000 (0.00%) China Sunsine (QES) 0.420 0.000 (0.00%) ComfortDelGro (C52) 1.480 0.000 (0.00%) Delfi Limited (P34) 0.885 0.000 (0.00%) Food Empire (F03) 1.170 -0.110 (-8.59%) Fortress Minerals (OAJ) 0.310 0.000 (0.00%) Geo Energy Res (RE4) 0.290 -0.010 (-3.33%) Hong Leong Finance (S41) 2.530 0.000 (0.00%) Hongkong Land (USD) (H78) 3.250 0.040 (1.25%) InnoTek (M14) 0.540 -0.005 (-0.92%) ISDN Holdings (I07) 0.300 0.000 (0.00%) ISOTeam (5WF) 0.043 -0.001 (-2.27%) IX Biopharma (42C) 0.047 0.000 (0.00%) KSH Holdings (ER0) 0.250 0.000 (0.00%) Leader Env (LS9) 0.052 0.000 (0.00%) Ley Choon (Q0X) 0.049 0.000 (0.00%) Marco Polo Marine (5LY) 0.069 0.000 (0.00%) Mermaid Maritime (DU4) 0.139 -0.002 (-1.42%) Nordic Group (MR7) 0.315 0.000 (0.00%) Oxley Holdings (5UX) 0.088 0.002 (2.33%) REX International (5WH) 0.125 -0.003 (-2.34%) Riverstone (AP4) 0.775 -0.015 (-1.90%) Southern Alliance Mining (QNS) 0.485 0.000 (0.00%) Straco Corp. (S85) 0.485 0.000 (0.00%) Sunpower Group (5GD) 0.215 0.000 (0.00%) The Trendlines (42T) 0.062 -0.003 (-4.62%) Totm Technologies (42F) 0.022 0.000 (0.00%) Uni-Asia Group (CHJ) 0.840 0.000 (0.00%) Wilmar Intl (F34) 3.230 0.020 (0.62%) Yangzijiang Shipbldg (BS6) 1.710 -0.010 (-0.58%)
