China Petroleum & Chemical Corp. (SNP)

All Comments on SNP

  • commenter
    User 37105
    May 13 04:38 PM
    China Stocks: April Was Kind [view article]
    You can always get the live update of Chinese stock performance at the site :
    chinabizfocus.com/modu...     Reply
  • commenter
    Coffeygrinds
    May 12 12:59 PM
    My Website
    China Stocks: April Was Kind [view article]
    Sun,
    We are seeiing activity in Sina Corp as you know less known internet related company than the GOOG, YHOO, BIDU and others, but raises attention every few months. The Market cap is well below those big 3, but like NTES and SOHU, does maintain near a $3 Billion market cap with the growing backdrop of China in the horizon.

    Earnings are expected Wednesday and the stock has already run into the early section of this slower Monday morning. The stock has spiked 7%, our HeatSeeker has been lighting up with the increased market action of buyers positioning in the SINA May 55 calls paying $.75 and $.80. Those large institutional buyers have sparked some retail follow up buyers, paying increased prices. This jump in the price of the stock and the options has us looking for a pullback and an opportunity to consider if the institutional buyers will return….

    your thoughts on this action?     Reply
  • commenter
    globalmacro
    May 06 01:01 PM
    China Stocks: April Was Kind [view article]
    Lord Kraken, what about all the stocks trading on the NYSE? They're not trading at a 40/50 PE. In fact some of the NYSE traded multiplayer online game companies like GA and PWRD, have half of their market capitalization in cash, 60-80% operating margins, growth rates over 100%, and trade at forward PEs under 20. You're clearly only focusing on the stocks that local Chinese can buy. As an American, you can buy the cream of the crop at very reasonable valuations. Reply
  • commenter
    User 107925
    May 06 12:29 PM
    China Stocks: April Was Kind [view article]
    your chart appears to be wrong on VIT. I did not check any others. VIT IPO's 12/12/07 trading high @ $10.95 on 12/14/07, ended 12/31/07 @ $9.00. I've owned it since first day. VIT closed 4/30/08 @ $8.55. not 14.75 as your chart shows. VIT reports earnings this Friday. I'm long BIDU, AAPL, LVLT, EMC, VIT. Reply
  • commenter
    huangjin
    May 06 08:56 AM
    China Stocks: April Was Kind [view article]
    Check out the article in the LA Times. Chinese are investing in the U.S. now because it is cost competitive. At least some of the FDI to China is money rushing to get in ahead of a revaluation, and once it happens, Chinese money will flow out.
    www.latimes.com/news/n...

    Reply
  • commenter
    User 107925
    May 06 08:31 AM
    China Stocks: April Was Kind [view article]
    you said:
    Shanghai Composite Index (^SSEC) lost half of its value in less than half a year. For the month, SSEC jumped 6.35% and the Hong Kong’s Hang Seng Index (^HSI) surged 12.72%. Among Chinese ADRs, VanceInfo Technologies (VIT) led the way with a gain of 142.60% ... go BIDU... I'm long.
    ...........
    I'm relatively new at this but VIT on 3/31/08 closed @ $6.80 and 4/30/08 closed @ $8.55. If we're using stock price to determine *value* woud that be 15.8% increase for April.     Reply
  • commenter
    theoilyboy
    May 05 08:26 PM
    China Stocks: April Was Kind [view article]
    Kraken,
    I appreciate your comments but I have a few questions

    -if the US and Europe are in recession, won't that free up FDI to go where there is growth, ie China?

    - 20% exports can easily be sucked up into domestic China or re-routed to other growing Asian economies. This might also have the effect of reducing domestic Chinese inflation as well

    -The US economy is growing at <1% and companies are still growing. Good companies are growing at significantly better than 10%. China's economy is is growing at >10%, what type of growth rate would you expect is reasonable for Chinese companies serving a domestic China consumer (BIDU, SOHU, LFC, COGO, CTRP, CHL, FMCN, EDU, etc)?

    - Infinity is a very long time, but can't good companies grow at 10% for a very long time? Or could they at least grow long enough to make good investments for long term investors not to mention short term traders?

    - If safety is your objective, go to TIPS

    I am not trying to be flippant, but where else can you find compelling growth opportunities in real companies serving a strong growth environment?     Reply
  • commenter
    Lord Kraken
    May 05 05:59 PM
    China Stocks: April Was Kind [view article]
    How can a government propping induced rally be viewed as a fundamental reason to buy? Chinese stocks are incredibly expensive with 40x and 50x P/E. The implied yield is 2% they would literally have to be safer than US Treasuries or the individual stocks would have to guarantee huge increases in sustainable growth. Please remember these are stocks not the Chinese economy. No company can grow into infinity at 10%. Furthermore, the Chinese economy is 20% export and 40% foreign direct investment. With Europe and the US heading to recession, what will happen to that 60% of the economy. Reply
  • commenter
    globalmacro
    May 05 03:33 PM
    China Stocks: April Was Kind [view article]
    There are some really high quality names on this list. China's consumer is just beginning to come of age and I suspect that China's consumer will have an equal weight with the US consumer a few years prior to the 2020 target set by a number of prominent economists and research firms. The 50% selloff in China's A share market is a great opportunity. Reply
  • commenter
    Roger
    Nusbaum
    May 05 09:41 AM
    My Website
    Considerations on Investing in China [view article]
    SB, just to set where I am coming from I don't think crisis is the right word. The dollar is down a lot without triggering panic and I doubt further declines would come at a faster rate. More weakness? Yes, Accelerating from here? No.

    Clients own a little gold, foreign debt from Oz, Norway and the UK, FXA and quite few foreign stocks/ETFs.     Reply
  • commenter
    Silver-Bulle
    t
    May 05 01:45 AM
    It's More than Just Baidu: 51 Other Ways to Invest in China [view article]
    Response to keithrasm's post:
    ----------------------...
    More interesting trivia (which ain't so trivial): China’s population has been growing by some 10 million people annually, and now comprises 22 percent of the world total. Yet the country is home to only 7 percent of all arable land, creating a rising food security concern, according to Xinhua News Agency.
    ----------------------...

    I think you may have hit on the holy grail on participating in China's growth. There's going to be a lot of mouths to feed.

    Any good agricultural stocks in or involved in China? I am also considering bulk shippers and food distributors but have no specific companies in mind.     Reply
  • commenter
    Silver-Bulle
    t
    May 05 12:29 AM
    Considerations on Investing in China [view article]
    Roger - Yes, I was specifically referring to the US$. Suggestions on crisis hedge?

    Since I have silver positions, I am contemplating gold as it underwent a recent correction.     Reply
  • commenter
    Silver-Bulle
    t
    May 05 12:18 AM
    Considerations on Investing in China [view article]
    Folks! Take a look at China:

    youtube.com/watch?v=JO...

    The 19th century belongs to England, the 20th century to USA, can the 21st century belong to China?     Reply
  • commenter
    investorsliv
    e
    Apr 29 11:02 AM
    My Website
    Are You Short or Long China? [view article]
    Nice read here
    www.investorslive.com/.../

    Just trade it - China is hit or miss     Reply
  • commenter
    Roger
    Nusbaum
    Apr 24 09:19 AM
    My Website
    Considerations on Investing in China [view article]
    Silver-Bullet, I assume you mean the dollar going much lower from here? Just to clarify that is what you mean? Reply

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