Sinopec Shanghai Petrochemical (SHI-N) Stock Predictions - Stockchase
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Sinopec Shanghai Petrochemical (SHI-N)

ON STOCKCHASE SINCE Jun 2013

INDUSTRIAL PRODUCTS

Sinopec Shanghai Petroche...

SHI-N

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Sinopec Shanghai Petrochemical (SHI-N) SAVE Apr, 24, 2019, 11:55 am

47.68 0.06 (0.13%)

About Sinopec Shanghai Petrochemical (SHI-N)

Shanghai Petrochemical, full name Sinopec Shanghai Petrochemical Company Limited, the subsidiary company of Sinopec, is one of the largest petrochemical enterprises in Mainland China. More at Wikipedia

What the experts are saying about SHI-N



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COMMENT

She owns the parent company. A good business. They are losing money on the production front because of where oil prices are, and are actually cutting a lot of capital spending to try and maintain as much as they can of free cash flow. This is more of a dividend play. A good, longer-term hold.

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She owns the parent company. A good business. They are losing money on the production front because of where oil prices are, and are actually cutting a lot of capital spending to try and maintain as much as they can of free cash flow. This is more of a dividend play. A good, longer-term hold.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Christine Tan

Chief Inve, Excel Funds...

Price Price
$50.400
Owned Owned
No

COMMENT

Chart shows a bottom at around $25 in 2012 and it now looks like it is trying to form a modified “cup and handle” and if it got above the $44 level, that would sort of be an All Clear sign to get up to the old high of around $63. Currently there is a convergence of moving averages at around its current level which is a significant area. Moving averages are starting to move up. Everything looks pretty reasonable although it has a lower volume, which is a sticky wicket. You could Buy with a Stop at around 6%-7% below the current price.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

Chart shows a bottom at around $25 in 2012 and it now looks like it is trying to form a modified “cup and handle” and if it got above the $44 level, that would sort of be an All Clear sign to get up to the old high of around $63. Currently there is a convergence of moving averages at around its current level which is a significant area. Moving averages are starting to move up. Everything looks pretty reasonable although it has a lower volume, which is a sticky wicket. You could Buy with a Stop at around 6%-7% below the current price.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$35.570
Owned Owned
Unknown

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