Darrenocl's Finance Blog

It is that time of the year where I go through my portfolio and recent transactions. I currently hold 6 stocks with their respective returns: 1) UMS (-5.80%) 2) AEM (-9.52%) 3) China Sunsine (+34.81%) 4) Breadtalk (+25.71%) 5) VICOM (+4.97%) 6) SBS Transit (-0.17%) The returns are inclusive of the dividends paid out.  For more information, you can view it here ! I have relooked at the financials of both UMS and AEM and have decided to double down on UMS since my last post . Naturally, my portfolio is more sensitive to the semiconductor industry. I am still extremely bullish for China Sunsine that I decided to average up. Before averaging up, returns for China Sunsine reached +77.95%. Funny enough, my first post that was uploaded on my blog. I'd say I got pretty lucky! As for what I will be looking to acquire for the next quarter, that will depend on the next release of quarterly results. My plan is to acquire 2 shares per quarter (begi...

This is my first post on my blog and I would like to share with you a counter that have recently invested in, China Sunsine (SGX: CH8) Current Price: $1.04 (Invested at $0.88 before starting this blog, check out my current portfolio by clicking the tab above) Target Price: $1.15 - $1 .20 Upside: 13% Business Description China Sunsine Chemical Holdings Ltd., an investment holding company, engages in the manufacture and sale of rubber chemical products in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company offers rubber accelerators, anti-oxidant agents, vulcanizing agents, anti-scorching agents, and insoluble Sulphur used for the production of tires and other rubber-related products. The company was incorporated in 2006 and is based in Singapore, with tire companies being its main clients. China Sunsine Chemical Holdings Ltd. is a subsidiary of Success More Group Limited Key Points and Catalyst The global tire market i...