China Sunsine Chemicals

this is the problem with S chip in general...

stingy with dividend plus seldom do share buyback...


1.5/46 cents = 3.3% dividend yield...pretty low

expect to see major sell off tomorrow..

Guess grandma must have badly bitten by them before.

As share price is supposed to be forward looking, the management did not appear to be too optimistic going forward. pls correct if wrong.

So far already dropped 5% this morning...

Not sure if share price will drop below 40 cents ...

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Although the automobile industry in China is poised for further growth which will indirectly
benefit our Group, US&rsquo s anti-dumping and countervailing measures against China&rsquo s tire
makers, as well as the over-capacity and under-utilisation issues faced by the China tire
industry, may dampen demand for our rubber chemical products.

The new Environmental Protection Law of China has come into force on 1 January 2015. As
environmental regulations become increasingly stringent, there may be further consolidation
in the rubber chemicals industry in China. However, as more of our competitors adjust to the
new regulations and meet compliance standards, the market supply of accelerators will
progressively increase. Further, given that international crude oil prices have fallen sharply
over the past several months, which has resulted in our main raw material prices remaining
at low levels, our selling prices may increasingly come under pressure.

Dropped 8.7% by now...42 cents..

Dropped below 40 cents, even after analyst called for 69 cents Target level...

China stocks fever spreading fast. China Sunsine now at 44.5 cents, only 4.1X PE with a 1.5 cent dividend coming soon. (3.37% yield).