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MiltonWong

wrote a post·Apr 25 00:17

$Jiutian Chemical(C8R.SG)$ 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

MiltonWong commented on

GarethTan

commented on a stock·Mar 13 21:02

$Jiutian Chemical(C8R.SG)$ Oh no. This is not good.

MiltonWong

wrote a post·Mar 23 20:37

Seems like an existentialism crisis brewing with the diversification plan being mooted, and now approved, and prices shld either move sideways or further down with economy being stagnant and chemical prices continue to be oversupplied. I do not see any potential of prices of their core products moving into profitability territory.

MiltonWong commented on

MiltonWong

commented on a stock·Mar 4 19:35

$Jiutian Chemical(C8R.SG)$ ENTRY INTO DEFINITIVE AGREEMENTS The Board of Directors of the Company (the "Board") refers to the Company's announcements dated 13 January 2024, 1 February 2024 and 24 February 2024 (the "Announcements"), and wishes to update Shareholders that the Company's wholly owned subsidiary, Anyang Jiutian, has on 5 March 2024, entered into the Definitive Agreements, i.e. the Synthetic Ammonia Project Transfer Agreement, Urea Facility Lease Agreement and Trademark Licensing Agr...

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GarethTan

commented on a stock·Mar 4 19:08

$Jiutian Chemical(C8R.SG)$
Oh no., again. Another suspension. I hope there will be privatization news from the company.

MiltonWong commented on

Deep Sea

commented on a stock·Feb 28 20:35

$Jiutian Chemical(C8R.SG)$
The stock price remains stable at 2.5 cents, not dropping to 2 cents like what someone mentioned previously.

MiltonWong commented on

MiltonWong

commented on a stock·Feb 28 05:55

$Jiutian Chemical(C8R.SG)$
As stated in the 1H2023’s commentary which was announced on 3 Aug 2023, the Group’s financial performance continue affected by the significant downward correction of product prices across all main products of the Group, arising from the double effect of industry wide softening of demand and new production capacity added by the new main competitor in this industry. We expect to continue facing low product prices in FY2024. We will adjust our production volume so as to m...

MiltonWong commented on

♤方展博♤

commented on a stock·Feb 16 01:37

$Jiutian Chemical (C8R.SG)$ Those shorted might need to close position later.

MiltonWong commented on

bullrider_21

commented on a stock·Feb 15 20:09

$Jiutian Chemical(C8R.SG)$
Jiutian eyes expansion into synthetic ammonia.
Jiutian Chemical eyes RMB1.6 billion investment for expansion into synthetic ammonia

MiltonWong commented on

bullrider_21

commented on a stock·Feb 15 11:44

$Jiutian Chemical(C8R.SG)$
Jiutian Chemical Group has issued a profit warning for FY2023 ended Dec 31, 2023, saying it expects to announce a net loss for the full-year period.
In a Feb 15 bourse filing, its Board of Directors says this is mainly due to a decline in the average selling prices of its main products - dimethylformamide and methylamine - arising from an industry-wide softening of demand and significant production capacity added by a new competitor since 4Q2022.
The competitor is Ji...