Suddenly so much interest in this counter. Some of the info that some of you are guessing about, is in the IPO prospectus and every financial update but many prefer not to read and just comment anyway. There is a plant expansion for another 2.2b which is due to be completed in 2023. After all their investment they still have excess cash coz of the retained profits all these years.

If you dont know, better to keep quiet, read more and eat humble pie instead of making silly comments and embarrass yourself later.

They are hoping prices to drop coz their miss the boat

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=209196&name=EA_FR_ATTACHMENTS

Bottom of page 22.

If you read the notes to theannouncement, 80m is write-off from inventory which i treat as extraordinary item

Huatexpert if you dont even hold the share, why so much noise from you..You sound like sour grapes that miss the train and keep cursing and praying it comes down every day. Ill give you A+ for being consistently wrong the past 2 weeks

Go back to your O&G counters and spam there.

Huatexpert not in hurry to buy, selling not over yet....
29/04/2020 2:46 PM

Prices come down not because of a loss but coz its something not within expectation. Now world wide market accepts that there will be losses across every industry with the covid. if its news / expectation already built in, will the price still come down ?

They have no borrowings and a 4b cashpile. Are you worried buying below cash price per share. How many companies are net cash in this amount

what is more important actually is what is coming for the next 2 quarters.

Might take awhile for Urusharta Jemaah to clear. Still has 20 m shares, assuming 1m day is which higher than avg, we have to wait another 20 days.

Btw dividend yield is now at 4.7 at current price. Even if price drops after ex u only held it for 2 weeks and there is upside

What I wanna say is think big and think about how to make from the funds coz retailers hardly can push pricds.

kelvin I actually bought for dividend coz it's better than fd at 1.22. you can check my post when I said I in :-) about 2 weeks ago. I hope everyone makes ya

The counter less than 2% today and your asking ppl to cut loss or take profit. Dont worry I won't ask what's in ur portfolio and why u didn't cut today

Funny how some people get a thrill from whacking other retail investors. The money is out there

Ok. I bought in at 1.22 and i bought in coz it was good dividend yield, its was a low PE or 5-6 times then and net cash per share of 1.7.

I didnt expect the share to run so fast and im holding this for at least a while longer. I have patience and i do look at fundamentals. I look at cashflows at a few levels and i dont agree that some ppl use FCF just based some theory ( some take net cash from operation before working capital, some after working capital, some after investment cashflows ). i look at many factors including sales growth, margins, etc and potential growth most importantly.

If you look at net working capital assets, you should also lower your discount coz a large portion is cash which should not take any discount.

End of day no point to argue on theory the only thing that matter is results. if you consistent make money just continue.

Im only commenting to share what i know because i doubt anything i share will have an effect on the market coz everyone here is just a small time player. If i can share and help someone, why not. thats my sole intention.

If only it was so simple to analyze stocks, just use NWCA and apply to the whole KLSE easier. And if that was true, you wouldnt be wasting time posting in a retail investor forum.

You dont look at one formula and say that is fundamental analysis.

Foker good. Dont buy then. Go buy something else. I wont comment on any business with those general statements but anyway good luck

its not price pushing down. Look at the overall market today

Means they are financial reporting is better than Pchem. They have same financial period but Pchem will submit 60 days later. So you will hear bad news from LCTitan 1 month before you see Pchem bad results.

Financial year ending Dec. Means they got 60 days to submit QR after that but it seems they do it within 30 days.

QR is end of May 2020. Not this month.

Always remember this. For someone to win, someone must lose in the market. So you need to do better than the funds and other short term traders then you will win long term.

I wouldnt call it bad management. They are just conservative. How many ppl can sit on 3-4b cash and not spend / invest it. Just look around all your friends and their companies. How many can resist buying real estate, stocks, etc or over expanding. How many of your friends have real cash pile right now ? Did LCTitan not make profit every year and still gives a dividend to shareholders ?

The real answer to everyone cry and hue is the demand for the stock since IPO and this is coz Lotte Chem has 70% stake already. Did they sell down ? Im sure they would have increase their stake if they could. Im sure the thought of privatization was mentioned when share price dropped to 1.20 when cash per share is 1.7. Lotte Chem Group is top 30 worldwide player, you cant expect to understand what is their strategy and what they are doing behind the scenes.

Its the all the funds that lost money are cursing since IPO and unlike what you think, they thrive on short term speculation, insider deals and insider trading to earn your fund return. Now some of the funds are probably thinking this coming dividend is even better than FD at this price and probably why there is some interest again.

Huatexpert Tell us something we dont know. And for the last time, please go and read more instead of commenting with wrong facts. LCTITAN quarter announcement is due 60 days after Mar 20 which means before 31 May 20 but Apr 20.

No company is going to have a good first quarter with the exception of maybe Glove industry and healthcare. What is important is not crying over the 1st quarter which is already done and looking forward for what is installed for the next 3 quarters. Does future earnings look exceptionally good enough for LCTitan to cover its first quarter?

Dont worry even if it doesnt fly just relax. it has gone up 30% plus. Every stock needs time to stabilize after going up or down a fair bit. Its the nature of the market. Let demand and supply adjust accordingly

This is a defensive stock in my view with limited downside. Upside might not be as good as other counters but I wanna sleep well through all this uncertainty. Apart from this, what other stocks can you really buy now that is not overpriced.

Just sit tight wait. Worst case you get your dividend which is already better than bank FD.

I dont think we will lose much holding such a defensive counter and PE is low anyway with dividends. Anyone can share update on JV development Gabung AQRS for the Jesselton Waterfront project

Definitely undervalued. Only issue is why we think demand for this stock will increase now. It has been a steady counter for years and I can only see upside.

Jackson dont forget about the long term bonds for Mah Sing ya. Its about 1b + plus.

Instead of assuming, I suggest you listen to what they have to say in that link i shared. All the cash which is not a lot will be gone soon for investment into Marigold / Sunflower and they will might have to borrow if their JV doesnt raise enough capital.

So many sifu here but no 1 can reply me whats the cost of production of Anasuria cluster and North Sabah. I found the info here so u decide if its good or bad

https://www.youtube.com/watch?v=iLebQI_P54o&feature=youtu.be

What ever happens Trump has been responding in the right way thats why the US market is still holding.

i think you better read more coz some of things you share are not accurate. Trump is asking states to open and some are going to. Its only places like NYC that probably wont follow. You have your hero Cuomo there that blames everyone but himself on how he has managed the crisis when he accounts for half of all the cases and deaths or more. He talks everyday but ppl look at results

My cousin lives in NYC. There is no lockdown there coz the police cannot even control the crime there even before COVID there. They havent even charged 1 person for non abiding with their lockdown as they feel its their constitutional right.

Huatexpert : Financial year end December means last Q was Dec 2019. Next Q is Mar2020. SC requirement is 60 days from the Q so they will announce 31 Mar 2020 + 60 days grace period.

Im just sharing on the analysis part and not saying you wont make money. Due to sentiment it will likely go up still coz alot of funds just follow the herd and depend mainly on insider trading. Its a sickening truth thats why I will never buy into a fund.

Its the same thing for so called Tech stocks. I actually knew quite a few these before like DUFU, UWC, etc. But seriously these are not TECH companies. There are no patents, no intangibles, what technology are they referring to. They are just a sub contractor that does some design & build. They use CNC machines + metal stampign to do metal casings for assembly test equipment. You could do it too if you get the contract and buy the machines.

IF they supply to NASA Aerospace, now that ill say its tech then

haha if you take out future growth then how to analyze and compare those with higher PE. High PE means high growth story, then your analysis will only be skewed that the lowest PE is the best buy

I only i have one question, hope someone can share. What is the hibiscus cost of oil production in anasuria cluster and north sabah asset ?

You know what is interesting. Glove companies never had much excess capacity even before COVID. They were always building to accommodate future growth and this always takes time.

If every industry whether steel or manufacturing related needs time to increase capacity, glove is no different. each line to refit or add takes potentially 6mth end to end ( from ordering new machinery line, construction, production, test-run, etc ) to 2 years if its a new building. So if demand does increase, are we correctly factoring that these new profits can be recognized immediately.

Also, i think u guys really don't know glove industry and simple analyze. Today, if u got excess capacity, you can sell to anyone at all. All the medical buyers take time to evaluate your product and do factory audit which normally takes 6-12 mths to complete before they can place an order. Most large companies these SOPs in place and cannot bypass these processes. It is because of this, buyers try not to change suppliers due to lead time taken for all this due diligence and audit and also buyers do sign contracted prices with glove manufacturers. So uptrend in demand doesnt mean glove companies make more. Buyers will also ask for price reduction every quarter when they find latex / nitrile prices go down. So dont wrongly jump into the wrong conclusion.

Also, my observation but more ppl are buying face masks and sanitizers instead of gloves

moneyfind this is not a O&G stock. I earlier shared my view on stocks on hibiscus here as an example and the reason i didnt post on hibiscus forum is i have no intention to pour cold water when ppl are hoping their stocks go up. If you dont have anything good to share, dont just pour cold water here and be sour grapes.

Anyway the reason why things can be different for LCTitan is you have to look at the demand and supply for the stock. Last time i wouldnt have bought LC Titan at RM3+ and wasnt looking for such a defensive counter. Now i think its way oversold, ppl are taking interest in this counter and i strongly believe there is upside on their business and i bought for the dividend ex 8th May.

you need some volume to stabilize price whether its uptrend or downtrend. if it rises too fast without volume, it wont be able to sustain and rest of participants of market will know it wont hold

I just joined the party :-)

Huatexpert : 22m is actually about 3% and yest about 5% of free float shares in market. Assuming its 2.3b shares ( and you discount 70% of that coz Lotte Chemical Korea is not going sell shares at this price ), this counter is actually not too bad. Speculators don’t buy this kind of shares la, They go for Hibiscus, Dayang, Etc

And those you need to worry even more about coming QR coz no 1 really knows the impact. For e.g. when oil price was USD 65, Hibiscus was 80-90 cents i think ? Now oil price is USD20-30 and its 48 cents. Don’t forget there is a cost and breakeven for oil extraction. For LCTITAN there demand and production might drop but there is upside already and anyway they will benefit from lower cost due to oil higher selling prices now due to PP.

My take is some local funds are increasing their stake ( most of shares held by funds anyway ) to average their high costs and coz dividend is coming.

Kelvin most ppl are going for tech ( vitrox, inari, UWC, Penta, etc ) and gloves which i dont want to. PE is so high and i think its ridiculous.

Almost everything that is moving up everyday has high PE now and no 1 has factored in probably worst earnings for Jan to Mar 20 quarter.

Im also looking for stuff that is reasonably priced with upside. Genting actually can buy and keep coz it will go back up later.

If its HDA money, technically they are holding in trust for the development.

jackson : u dont analyze just purely like that. you have to look at the type of business. first of all you missed that they have sukuk bonds and other long term borrowings of 1.2b. Remember a 2-3 years ago they were half dead and raise this sukuk bond to save them. Secondly, some of the deposits are due to HDA accounts. I will just tell you that they got crap reputation ( ask your contractor friends ) and most ppl who bought their developments didnt make money over the past 2 years. They are good in managing their financials to keep financiers happy.

Dont touch Mah Sing and Ecoworld. Most developers are not doing well and these 2 in particular have high debt and running too many projects at the same time.

Profit take for weekend ah. now MCO no where to spend money anyway. I bought less than 4 days already up 50%. I thought i have to hold 2 years

Ochai : Promoter is Lotte Chem and local Funds who are the main shareholders. Not anyone here in this forum la. You better go back to your Hibiscus and Dayang forum and spam there

Gemini for someone who was sharing a lot earlier, im surprised you sold this quickly. Anyway never wrong to lock in profit.

Im prepared to hold long term for this counter.

Everything else is over priced i.e. Glove, tech, O&G, etc. Wait until quarter earnings come in see which companies still report good profit.

This is the only company I can sleep well. no borrowing, high cash, top 30 players in industry worldwide ( Lotte Chemical group ), low PE and got dividend. And they have shown to be able to sit on cash too, a lot of ppl cannot be conservative and sit on cash. must spend. And oil price drop from 65 USD to current price ? margins will be coming up even though u say demand might drop.

They shouldnt banned short selling. Let ppl make both ways of the market and let market forces decide.

i hope you guys know what your buying. If you think construction contractors are pathetic, solar EPCC are even worst. its not a high tech business they are installers, anyone can do it just import the panels yourself, inverter and apply for feed in tarriff from TNB

Experienced solar farming like Cypark who do themselves now coz its so low tech instead of going to solar installer now trading at 4 P/E. Over here you guys will to invest at this P/E for this smallish company and no one knows how much they will make