SunVic Chemical

SunVic Chemical

Postby iam802 » Thu Jul 31, 2008 1:14 pm

Image

Image
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: SunVic Chemical

Postby iam802 » Wed Aug 06, 2008 11:04 am

beautiful..now trading at $0.40 (not vested yet)
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: SunVic Chemical

Postby iam802 » Mon Aug 11, 2008 9:39 pm

SUNVIC CHEMICAL Q2 2008 NET PROFIT SURGES 264% TO RMB85 MILLION

http://info.sgx.com/webcoranncatth.nsf/ ... penelement

----

SunVic Chemical Holdings Limited, an intermediate chemical manufacturer producing Acrylic Acid (AA), Acrylate Esters (AE) and PMIDA, which are fundamental ingredients widely used in the production of various industrial, consumer and agricultural products, today announced its unaudited results for the
second quarter ended 30 June 2008.


The Group remained on growth track as it achieved another record quarterly high performance in Q2 2008. Net profit surged 264.3% to RMB84.9 million from RMB23.3 million in Q2 2007. Revenue also achieved 85.7% increase to RMB800.1 million in Q2 2008 from RMB430.9 million in the last corresponding period.
Total gross profit amounted to RMB131.3 million on Q2 2008 representing an increase of 186.9% compared to Q2 2007. Overall gross profit margin increased from 10.6% in Q2 2007 to 16.4% in Q2 2008.

This achievement was mainly due to the increase in sales volume as well as higher average selling price (ASP) for all categories of products.

Enjoying a continuous performance boost this year, the Group posted an overall 401.0% increase in net profit to RMB158.6 million on a 92.0% increase in revenue to RMB1,446 million for 1H 2008.
Based on the Group’s latest results, its earnings per share for the current quarter and 1H 2008 are RMB14.1 cents and RMB26.3 cents respectively, whilst net assets value per share rose from RMB121.6 cents as at 31 December 2007 to RMB 141.3 cents as at 30 June 2008.

..........
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: SunVic Chemical

Postby millionairemind » Mon Nov 10, 2008 8:58 pm

3Q results out. Watch the increase in Trade and Other rec...

http://info.sgx.com/webcoranncatth.nsf/ ... penelement
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Re: SunVic Chemical

Postby millionairemind » Thu Oct 22, 2009 8:18 pm

October 22, 2009, 6.01 pm (Singapore time)

Sunvic warns of likely Q3 loss


By ANGELA TAN

Sunvic Chemical Holdings Limited said on Thursday that it is likely to report a loss for the third quarter ended 30 September 2009.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
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Re: SunVic Chemical

Postby winston » Thu Oct 21, 2010 6:39 pm

Not vested. From Kim Eng:-

Sunvic Chemical (SVC SP, $0.600, NOT RATED)

Sunvic is expected to post a sharp turnaround in earnings this year after its 1H10 net profit soared by 518% yoy to RMB156.2m on higher average selling prices and sales volume for its key product, acrylic acid.

Despite the recent surge in share price, the stock continues to trade at a relatively undemanding valuation of about 5x FY10 PER.

http://www.remisiers.org/cms_images/ssu21102010ke.pdf
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Re: SunVic Chemical

Postby behappyalways » Sat Jan 12, 2019 7:28 pm

Sunvic Chemical racks up $44 mil in corporate loan claims, says cash flow may be affected
https://www.theedgesingapore.com/sunvic ... e-affected
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