SINGAPORE (Sept 21): KGI is keeping China Sunsine Chemical Holdings on "purchase" with an unaltered target cost of 60 pennies.
"We keep up our perspective that Sunsine has advanced into a more elevated amount of profit (with higher pinnacles and troughs)," says KGI investigator Renfred Tay. "Exchanging at just 5.5x FY16F P/E, we trust Sunsine is extremely underestimated."
Here are three reasons why KGI trusts China Sunsine is a decent purchase.
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