$Jiutian Chemical (C8R.SG)$ 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.
MiltonWong OP 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
MiltonWong OP 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
102765799 : is the earning result out and it has dropped to lowest 0.019... looks stable for now to average/ seeing?
MiltonWong OP 102765799 : im buying now also
102765799 MiltonWong OP : finally! need to get out of rut
MiltonWong OP 102765799 : it should go up together with the rest of the stock mkt
102765799 MiltonWong OP : ah too late again now 230.. didn't get in at 190/120
MiltonWong OP 102765799 : Now is still not too late
102765799 MiltonWong OP : really hope to average correctly.. very limited ammo
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