Jiutian Chemial

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3 years 7 months ago - 3 years 7 months ago #25571 by Joes
Replied by Joes on topic Jiutian Chemial
Surprisingly, methanol price has gone up a lot (close to 20% in past 3 months), contrary to expectations. Methanol is input chemical for Jiutian. Its output is DMF, whose price has come off from the peak (but still +20% in past 3 months). That's likely why Jiutian share price has trended down .

Last edit: 3 years 7 months ago by Joes.

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2 years 11 months ago #25831 by Joes
Replied by Joes on topic Jiutian Chemial
Lots to like about Jiutian, especially the huge profit surge that will be reported for 2Q. 
Key raw material is methanol -- pretty mild price increase.
Key product is DMF --- large selling price rise. 

KGI 's target price is 14 cents. Currently trading price is 8.4 cents. OK, it is tremendous upside potential. 

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2 years 10 months ago #25852 by josephyeo
Replied by josephyeo on topic Jiutian Chemial
Share some figures:

1. capitalisation - S$165.0 mil
2. Profit half year - S$33.6 mil
3. half year p/e ratio - 4.9 X
4. dividend 1Q - 0.35 cents
5. share price - 8.3 cents
6. dividend yield - 4.2%

Management comments:
" we anticipate the production operations of the Group to be smooth and
product prices to remain stable for the rest of the financial year" .

Above are for info only, not a buy/sell call. Dyodd

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2 years 10 months ago #25853 by walterlim
Replied by walterlim on topic Jiutian Chemial
What do you think of Sinostar Pec

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2 years 10 months ago #25855 by josephyeo
Replied by josephyeo on topic Jiutian Chemial
I think its a good company.
Not vested

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2 years 6 months ago #25910 by Joes
Replied by Joes on topic Jiutian Chemial
Lee Chee Seng Executive Director, Jiutian Chemical Group, has just bought 3,000,000 shares.
He paid $219,027.62  --> means 7.3 cents a share.

links.sgx.com/FileOpen/_eFORM1V2%20-LCS%...cement&FileID=696045

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