Jiutian   

How's this stock

For this stock, I think quite likely to continue downtrending. However TA on penny stocks may not be so accurate.

Another point - explosive price change may occur soon.

 

Any update on this ???  It has been a month and nobody has post any related discussion.

 

To Stockking:

My personal opinion is wats on my blog.  :-) Rgds.

 

Stockking, maybe the tripling effect will only be felt in '08. The 12-mth price target is $0.84.

 

I agree with cashiertan... the TA indicators don't look good now for buying.

 

Thanks..cashiertan.

 

i suggest avoid. it is going to correct soon. estimate to drop at least 10-35% from peak

 

Thanks DanielXX...the analysis on the blog seem to suggest that it is already fully valued.  U own the blog? If not, what is your personal opinion? 

 

Some comments on http://www.hotstocksnot.blogspot.com

 

Nostradamus, I had been looking at this company for sometime. What is the fair value of this company? Capacity up 3x is profit going to up 3x too?

Thanks.

 

Recommending a buy based on the following reasons:


- tripling of dimethylformamide (DMF) capacity to 90,000 tonnes per year from 2H07 to drive earnings growth
- margin expansion from economies of scale
- strong relationship with key supplier contributes to cost advantage
- strategic location accounts for competitive advantage
- further upside potential due to 3-year price cap on raw materials supply
- DMF market and prices in China are surging due to strong downstream demand
- well diversified applications for DMF to insulate against cyclical swings
- potential earnings boost from exports and acquisitions

 

Check out the kelongstocks blog. there's a good review there by Gallen

 

Is Jiutian too expensive at it's current PE of 26.9?

 

Is Jiutian too expensive at its current PE of 26.9?

 

Extracted from my blog http://kelongstocks.blogspot.com Fundamental Analysis Continued strong demand from core-sheath nylon-polyester bi-component fibre and maiden contributions from new product, differential sea-island bi-component short fibre, helped to boost revenues for 1Q FY06 compared to 4Q FY05. Gross margins improved by 0.3% due to higher margin products. Fibrechem mentioned that pricing of products and raw materials were relatively stable for 1Q FY06. Margins are also expected to improve with expected production of high-end synthetic leather in 2Q FY06 which will drive revenue and earnings growth in 2H FY06. Nevertheless, do take note that net profit was boosted by a small one-off gain from value added tax refund which probably boosted profits by about SGD 300k and net margin by about 0.5%. .............continued at my blog

 

yo scotty, i covered in in my thread IPO summary writeups :)

 

Seems like a new IPO. Anyone know about this?