China Sunsine Chemicals Holdings

According to 安信证券 and other analyst reports, production at the second largest accelerator plant in China (天津有机一厂), the third largest (东北助剂) and various smaller ones have been suspended.


随着国家对环保的重视，重污染化工企业停产整顿越来越多，M 作为高废水产生量产品
已被多个地区环保部门列入监视对象。目前从已有新闻报道可知天津有机一厂5 万吨、
东北助剂3 万吨促进剂已处于关停状态；通过与贸易商沟通发现江西凯里3 万吨、鹤壁
市多个企业2-5 万吨和部分河北、浙江促进剂企业关停或者降低负荷，行业处于缺货状
态。目前是大产能厂商环保出现问题而被媒体报道，理论上讲小型企业环保问题更为严
重，只是未进入公众视野，因此我们认为存在多家小产能关停或者受限但未被投资者所
发现，所以供需才能有如此大的缺口导致价格大幅上涨。

Curiousparty
Why are you so interested in Sunsine when you said in Eratat post 585 dated 18 Aug:
“The best strategy is avoid all S-chips...

there is enough undervalued non-Schip counters out there for us to avoid S-chips altogether...”
You should practice what you preach, and do not look at this ompany.
You said in Sunisne post 348 on 15 Aug:
“I don't feel "comfortable" revealing more info on how I think. Sorry for that. (I have my reasons)
If u want to find out more, can "PM" me. tks.”
If there are concerns about Sunsine which you are not comfortable to state publicly, why are you cautiously optimistic now?

Curiousparty

Your statement on 18 Aug
“The best strategy is avoid all S-chips...
there is enough undervalued non-Schip counters out there for us to avoid S-chips altogether...”
Is very clear -- Avoid all S-chips, not Eratat alone.
And this is reinforced by another post on the same day which highlighted Sunsine as one of 3 S-chips one should be apprehensive of:
"Hence, I hope value buddies will understand why I become very apprehensive of S-chips in general (e.g. sunsine, sino grandness, china essence, etc) once I sense that management might be up to some tricks in their sleeves, etc
especially when the company has a bumper year and company still did not want to buy back any shares to boost investor's confidence..."
I hope you will share what were the new developments to cause you to rethink that Sunsine now is not as bad as you thought earlier.
The change in mind (in less than a month) will be of help to investors like us.

Dear simpleman,

Let's focus on the company, rather on individual behavior. The effort is becoming a noise in this thread. I do believe more can be posted on the company, to add-value to this thread.

Regards
Moderator

(09-09-2014, 10:48 PM)CityFarmer Wrote: Dear simpleman,

Let's focus on the company, rather on individual behavior. The effort is becoming a noise in this thread. I do believe more can be posted on the company, to add-value to this thread.

Regards
Moderator

Dear Moderator,
I posted because of the unbecoming statement by Curiousparty:

“ And I hope you are posting by dint of your own judgment and not being "directed" by "people behind the scene".
(every phone call made in Spore is traceable).”

This is not a place where insinuations and threats are made.

Yes, we should focus on merits of Sunsine.

Cheers.

^^ i think the effort to point out the inconsistencies is commendable. Thats what makes forum self-policing. But most forumers here are not stupid, it would be best if u can note Curiousparty change in stance in periodic manner (monthly perhaps) to remind newcomers if that is your purpose. Every other day post will defeat your purpose.

My 2cents

PS I would never have known anything about this stock if not for the discussion here

(10-09-2014, 12:18 AM)simpleman Wrote:

(09-09-2014, 10:48 PM)CityFarmer Wrote: Dear simpleman,

Let's focus on the company, rather on individual behavior. The effort is becoming a noise in this thread. I do believe more can be posted on the company, to add-value to this thread.

Regards
Moderator

Dear Moderator,
I posted because of the unbecoming statement by Curiousparty:

“ And I hope you are posting by dint of your own judgment and not being "directed" by "people behind the scene".
(every phone call made in Spore is traceable).”

This is not a place where insinuations and threats are made.

Yes, we should focus on merits of Sunsine.

Cheers.

I am observing, and your posts does not violate any rules. I appreciate the initial intention of highlighting those inconsistent posts, but it is slightly overly done, which might defeat the original purpose.

Your job is done, and let's refocus on other more productive topics.

Regards
Moderator

All available information seems positive and suggests that Sunsine would have a record profit for FY14. 3q results in about a month's time and it would provide strong indication as far as whether Sunsine really benefited from the pollution control and the resultant closure/suspension of some competition.

If prices of rubber accelerators are high, Sunsine should expand capacity. Any idea whether the company is doing so? Thanks.

(11-09-2014, 01:50 PM)Young Investor Wrote: If prices of rubber accelerators are high, Sunsine should expand capacity. Any idea whether the company is doing so? Thanks.

The capacity expansion plan has been disclosed on every financial report of the company.

Base on latest 2Q report, accelerators production will be increased from 70,500 tons to 75,000 tons in FY2014.

(not vested)