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Wednesday, 12 April 2017

Trading Idea 12/4/2017 - Sinostar PEC

Sinostar PEC
Overview
Producer and supplier of Liquid Petroleum Gas (LPG), Propylene and Polypropylene. LPG sold mainly to households as fuel through distributors. Propylene and Polypropylene, thermoplastic polymer resistant to chemicals and heat, sold to plastic manufacturers to product plastic products (i.e. flexible packaging, rigid packaging, automotive and consumer products).

The company also owns transport and logistics subsidiaries, Dongming ChangShun and ChangShun-Ganyu, for the transport of its products.

Stock metrics
  • PE 7.17
  • Dividend yield 2.44%
  • Total Debt to Equity 0%
  • Current Ratio 10.88
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