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SIHUAN PHARMACEUTICAL HOLDINGS GROUP LTD. (“COMPANY”) – DATE OF DELISTING
FROM THE OFFICIAL LIST OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
2. DATE OF DELISTING FROM THE OFFICIAL LIST OF THE SGX-ST Following the completion of the Compulsory Acquisition on 1 December 2009, the Company wishes
to announce that it will be delisted from the Official List of the SGX-ST with effect from 9 a.m. on 2
(“SGX-ST”)
December 2009
Very high probability of bullish at this stock. A clear indicator of candlestick pattern - "Three White Soldiers" is an uptrend.
3Q FY08 RESULTS
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_84AD23EFD3135B8C482574FA001034C5/$file/Sihuan_3qfy08_results.pdf?openelement
technical support is strong at 0.79, and should consoldiate there for sometime.
resistance at 0.945.
Analysis target price at >1.00 is really hard to reach within 12 months.
I have sold at 0.945. Made around capital 8% gains (not including the dividends.)
:)
Daiwa ups Sihuan Pharmaceutical target to $1.58 from $1.43, based on peers' average P/E of 13X. Says China-based drugmaker should trade at least in line with peers, given strong growth prospects, similarities with U.S.-listed Simcere Pharmaceutical, which trades at 20X P/E; expects Sihuan to track Simcere's 86.8% earnings CAGR for 2004-2007 over medium term, based on 1Q08 results, purchase of 45% of Beijing Purenhong Pharma. 1Q08 net profit +65.8% on-year at CNY53 million as revenue doubled to CNY107.9 million. Keeps Buy call.
It time to relook at this undervalue counter again.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_275E247337DA38E8482573F40016785D/$file/Sihuan.Announcement.pdf?openelement
It went down below its supporting level 0.60$ now though it has strong fundamentals. Why this happened? Come on, bb!
Just be patience.
This one will break above $1.00 soon.
Also, note that 67.1% of the revenue comes from Kelinao which belongs to CV drugs and has a margin of above 80%. Also, they are the only manufacturer for Kelinao a 20 year patented drugs. But dunno when the patent started.
You can refer to their presentation in sgx website.
Here you can see the BIG difference why ?
Sihuan : http://www.remisiers.org/research//sihuan110707.pdf
Starpharm :http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F10E282A1B8ACF8D482573370033766F/$file/Star_HalfYear.pdf?openelement
what's the difference between Sihuan and Starpharm?
Hi timewatch,
I'm not very sure about other pharmacies.
I only go for the best.
Sihuan at current price $0.905 still got 52% upside to go.
Philip Securities full report on Sihuan.
http://www.remisiers.org/research//sihuan110707.pdf
888max which are the other pharmacy companies listed in SGX-thanks
One thing I like about Sihuan is that their profits margin is as high as 83%.
You tell me where do you find a business which can guarantee you such a high profits margin.
Not even oil counter like SPC can have that kind of economic 'moat' privilege.
This stock is worth at least $1.00 and above.
I think next week will Cheong above $1.00.
Yah me too. I think it is a good share to hold on to given it's in Pharmaceutical. Someone was relating to me that local pharmaceutical in China has bigger market share as compared to the global player. There is also a huge potential for growth in this industry.
I still holding tightly all my Sihuan shares.
It is cheonging like crazy as though some support behind and against all barriers : )
It was 0.935 when Poems recommended the "BUY" and then it went down just last week to slightly below 0.80. The TP is $1.33. I am happy even if it goes to 0.94 the original price but dun mind holding if it continues to move above $1 of course : )
got 60lots at 87.5cent then surddenly jump up... check the chart and still have some more chance to buy..... gogogogogogo....hehehe
I only buy yesterday 59 lots @ 0.83cts.