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.

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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.