Sinostar PEC *Official* (SGX: C9Q)

Asphodeli

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moi have but small holding...china company, a bit wary of numbers. but then got dividend. don't put too much, Weaboo didi :(
 

Small Boy

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Congrats to all who have bought / are holding.

Stock is up more than 11% as of time of post.
 

Asphodeli

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alamak non-binding letter of intent zzz...hope they don't anyhow buy again
 

Asphodeli

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this counter got history one...they bought some company last time, which dragged their profits down...they only got rid of it i think in 2015? anyway, now that it's gone the profit is rising again...
 

Weaboo

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isnt the LOI for the acquisition for the below?

The board is currently at the advance stage of negotiation to acquire an influential stake in a newly built propylene processing plant, the purpose of this is to wider its LPG downstream businesses and to enhance its revenue source and hence profitability
 

Asphodeli

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isnt the LOI for the acquisition for the below?

yar but previously (not sure which year, but i suspect during 2007-2009) they bought some weird loss-making company which then they divested in 2014...this time want to buy another company...
 
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Shawn26

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I have done some research as well :

Both main products LPG n Propylene seems to be on high demand in China currently and profit probably will increase more during this period.

Also, beside the directors themselves who performed the shares buybacks previously, there may be more interested parties joining to accumulate the shares quietly.

Pls do yr own research as well 😊
 

wahkao3

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dont sae i bo gif low risk high return tips

as of 25 may, price is 0.235
this one i tink TA good, FA good, is low risk high return.
can buy :o

my entry price 0.25 woh..... :(
 
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Weaboo

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dont sae i bo gif low risk high return tips

as of 25 may, price is 0.235
this one i tink TA good, FA good, is low risk high return.
can buy :o

my entry price 0.25 woh..... :(

Master wahkao support my thread!!!!
 

Shawn26

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dont sae i bo gif low risk high return tips

as of 25 may, price is 0.235
this one i tink TA good, FA good, is low risk high return.
can buy :o

my entry price 0.25 woh..... :(

You may be suprised by the next quarterly report on its profit and how fast it seems to shoot up thereafter.

Also, this might be one of the potential takeover targets.

Probably suitable for mid term investment of more than 3mths but less than a year.

Do your own research wor 😯😊
 

Weaboo

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You may be suprised by the next quarterly report on its profit and how fast it seems to shoot up thereafter.

Also, this might be one of the potential takeover targets.

Probably suitable for mid term investment of more than 3mths but less than a year.

Do your own research wor 😯😊

Profits already quite high yoy liao, still got room to move? U insider?
 

Shawn26

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Profits already quite high yoy liao, still got room to move? U insider?

You can try to google on info pertaining to refinery sector and the recent trend in terms of supply and demand to understand the business better.

Do your own research so u can be one step ahead of others 😉
 
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