JiuTian

JiuTian

Postby millionairemind » Wed Oct 29, 2008 9:57 pm

Can't believe this stock was worth 80cts before.. :o

DJ MARKET TALK: DBS Vickers Downgrades Jiutian To Fully Valued

0344 GMT [Dow Jones] STOCK CALL: DBS Vickers downgrades Jiutian Chemical (C8R.SG) to Fully Valued from Hold to reflect lackluster market for DMF, chemical solvent used for producing polyuthrene. Move follows China-based DMF maker's profit-warning Wednesday. Company expects to incur loss of not more than CNY4 million in 3Q08 due to high cost of methanol, feedstock used for making DMF. "The operating environment remains tough in 4Q08. We do not expect the second DMF plant to contribute to revenue and a similar loss in 4Q08 for the group is highly likely," says DBSV. Cuts target price to S$0.03 from S$0.15, based on 4X FY09 P/E vs 9X previously, after lowering earnings forecast by 56%. Stock flat at S$0.04. (FKH)
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Re: JiuTian

Postby kennynah » Wed Oct 29, 2008 10:02 pm

at first i thought it was a hanyu pinying error...."jiu dian"...drinking hole 8-)
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Re: JiuTian

Postby millionairemind » Thu Apr 15, 2010 11:09 am

This stock got sold down hard yesterday when overall market was going up.. If you itchy hands go catch it, you would have lost another 18%... :o
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Re: JiuTian

Postby millionairemind » Thu Apr 15, 2010 11:53 am

This news came out last night at 7pm...

Somebody already knows something you don't...
31-12-2009
Description CLARIFICATION ON FY 2009 CONSOLIDATED STATEMENT OF CASH FLOWS

The Board of Directors of Jiutian Chemical Group Limited (the “Company”) wishes to clarify the differences noted between the unaudited FY 2009 consolidated statement of cash flows announced on 27 February 2010 and the audited FY 2009 consolidated statement of cash flows in the 2009 Annual Report which is being dispatched to shareholders of the Company. The differences arise largely from changes to the classification of cash flows movements and presentation of the cash flows statement. Details of the differences between the two statements are found in the attached appendix.

These differences do not have any material financial impact on the Statements of Financial Position (Balance Sheet) and Consolidated Income Statement (Profit & Loss) for the financial year ended 31 December 2009.


On Behalf of the Board,

Sun Zhiqiang
Acting Executive Chairman and CEO
14 April 2010
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Re: JiuTian

Postby behappyalways » Mon Oct 19, 2020 3:27 pm

Jiutian Chemical seeks to raise $10.3 mil in proposed placement of 170 mil new shares
https://www.theedgesingapore.com/news/c ... new-shares
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Re: JiuTian

Postby behappyalways » Sun Nov 15, 2020 3:10 pm

Jiutian Chemical Group reports surge in 3Q earnings of $10.5 mil due to stronger demand
https://www.theedgesingapore.com/capita ... ger-demand
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Re: JiuTian

Postby behappyalways » Sun Feb 28, 2021 2:36 pm

Jiutian Chemical Group posts record FY20 net profit of $35.5 mil on surge in gross profit, other income and absence of impairment losses
https://www.theedgesingapore.com/capita ... ofit-other
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Re: JiuTian

Postby behappyalways » Sun May 02, 2021 9:05 pm

Jiutian Chemical Group reports 1Q21 earnings surge of more than 30 times y-o-y to $18 mil on better demand
https://www.theedgesingapore.com/news/r ... mil-better
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Re: JiuTian

Postby behappyalways » Mon Feb 07, 2022 9:50 am

Jiutian to report 'significant increase' in net profit after tax in FY2021
https://www.theedgesingapore.com/news/r ... tax-fy2021
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Re: JiuTian

Postby behappyalways » Fri Aug 04, 2023 6:19 pm

Jiutian Chemical posts RMB162 mil loss for 1HFY2023, ending three years of profits
https://www.theedgesingapore.com/capita ... rs-profits
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