China Sunsine Chemicals

If cash flow continue to improve, it will looks really attractive!

In today's Sunday Times SG50 feature on Singaporeans who turn 50 this year.



Paul Tan is an independent director of CHINA SUNSINE, SERIAL SYSTEM and SIN GHEE HUAT CORP.

Paul owns 150,000 shares of China Sunsine; 197,000 shares of Serial System; and 40,000 shares of Sin Ghee Huat -- the info is in the public domain.

Tianjin Kemai , which is second to China Sunsine in China, has put out its IPO prospectus, with a listing PE of 18X. What's Sunsine's current trading PE in comparison? Only 2-3X. !!

Company has resumed share buyback .

490,000 shares purchased in 3 days.

37.7 cts, 38.5 cts, 39.9 cents average prices on those 3 days.

Still way undervalued!

Taking note with interest China Sunsine's purchase of 273,400 shares at an average price of 45.329 cents yesterday. The company, hopefully, will deploy a significant amount of $ for a sustained share buyback over the next few weeks and months.