$Jiutian Chemical (C8R.SG)$ heard the outgoing chairman say ...
$Jiutian Chemical(C8R.SG$ heard the outgoing chairman say in today AGM the storm will take 2 years before it gets better....maybe can come back in 2 years time to see if worth buying then
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AnaiAnai : avoid.
MiltonWongOP AnaiAnai: oversupply, chemicals companies all losing money....only way to survive i believe is to internally acquire each other, and have a series of M&A activities
MiltonWongOP AnaiAnai: trying to outdo each other by slashing prices, and gaining market share and squeezing each other to bankruptcy is not game theory optimal from a prisoners dilemma perspective