It is considered good if did not dip further. EPS will be diluted after bonus issues unless profit jumps in proportional which is almost unlikely.

Good day may have gone but still see quite strong support at around $1.

Yes, is bored and luckily disposed off @12 after I read its annual report. Gold may be a thesis but end results and minimum dividend for long term investors is crucial. Otherwise is just for speculation.

See who are the smart institutions to subscribe the private issues. In needs of cash but no strong fundamentals.

I will never support a company if it doesn't have credibility even though I may able to make some profit out of it. Good luck everyone.

To what extent Genting Hong Kong performance impacts Genting Msia?

I don't know for those long term investors how much you have received dividend from this company and what is the share price movement for the past 10 years?

Not doing well but is giving dividend so that you guys don't throw it. Take care as nothing is free.
London Biscuits claimed it made profit but no dividend. Somehow we have all these funny stocks.

Hotels most likely are quite run down and need $ to improve its quality.

Regulators should impose requirement on profit distribution to build a good market for long term investment.

Complicated tax law and inefficient tax claims made the SH at risk. All professionals (auditor, company accountant, etc) already have their good share from fees and salary but left uncertainty for SH. This is also part of market risk?

Long term definitely is a no go as you can see from its chart. Only for speculative play if you can take the risk. ST TP 0.30

当初下手太轻，早就现在的局面。到后来也可能不了了之。大话谁都会讲。

Very good idea but buying hotel is a quick win for certain people instead of waiting for durian plants to grow. Just like cow vs condo.

@firehawk... if those with power are inaction, the happiest one is the management and the major SH. Enquire "unusual" price movement is the easiest regulator task but not other tasks, in particular investigation, siapa mau cari pasar? Anyway, I wish I am wrong.

I wish the major holders of TP now are all the investment bankers since their analysts saw gem in this stock and set such a good target price.

I would like to support for long term, unfortunately really can't find a good thesis:
1. Read the disclosure link for dividend, dropped every year from 6 sen to current 1 sen.
2. No sign that various chaotic issues can be resolved ASAP as those issues will take some times. Impact of damages remains uncertain.
3. Don't know how much time the management has to focus on core business with all the unresolved issues.
4. Not all company can deliver good results if solely based on PR or linkages on appointment as they may lack of necessary skills set required for the company to succeed.
5. Big doesn't mean better just like the dinosaurs theory.
Nonetheless, I sincerely wish the company can overturn the current situations and deliver all good for the minority SH and hope that I am wrong. Good luck to everyone.

Will wait for its private placement to settle down first. Of course, some may want to try their luck and take a higher risk. Different view is always good for the market as far as the company is not doing something bad for us. All the best.

@Limch... I only express my view and told my actual deals without bad intention. CEO remuneration is in its AR. I bought this stock early of the year at above 1.40 on high dividend thesis and decided to quit immediately after it announced the poor results. Afterall it is just a judgment call. Good luck to you and others too

99% no action by relevant authorities even though most of the retailers would like to see the real picture, minority rules the majority ma.

Need to reassess if it dropped to 30. Market risk is coming, cash is king, valuation for many stocks are not cheap now.

Something is not right as its net profit margin is too low. Who took the $? If not supported by revenue growth, its bottom line will surely be affected.
The only thing the management can help the share price is by giving some dividend if it got cash, otherwise no hope la as its EPS remains low.
Power project in neighboring country, another luck you need. 5 years patient observing saved about 65%. Unless speculative play, fundamentals will take sometimes to deliver.

Minority watchdog, time to show your relevancy and don't just act like a postman.

@gcke... looks like those with the given power remains inaction, this case will be a no case issue. IPO valuation approach and assumptions made should make known as facts n figures will be self explanatory. Anyway, don't think it will work out that way as we can't even know the face of the management n bod in its website below.

http://www.lottechem.my/company/board-1.asp

CEO remuneration (group):
2014: $1,028,000
2015: $1,928,000
2016: $2,575,000
Whether coming profit will increase or not remains uncertain but the above data tell that performance dropped when remuneration up. If imported CEO is a genius, most likely the figures will be up again, performance is up to your own judgment. TP 88.

Chaotic situation is just begun, buy on fundamentals but not on election theme which is not sustainable.
Dear regulators, who in the company has to be responsible if governance and internal controls are proven only beautiful on paper? Fees paid to them can be claw back OR continue to feed them?

CEO also serves as the Chief Executive Officer and Executive Director of Karambunai Corp Bhd and Executive Director of FACB Industries Incorporated Berhad. Oh dear, less than 40 years old, no wonder. Good luck.

The Group recorded a loss after tax of RM7.10 million on the back of RM21.52 million revenue for the financial year ended 31 March 2017. The current year financial result were weighed down by a non-recurring land premium expense of RM10.92 million and impairment of receivables of RM5.01 million, mitigated by a gain on fair value adjustment of RM5.79 million on its investment properties and reversal of provision for tax penalties of RM1.35 million. In the previous financial period ended 31 March 2016, the Group reported a profit after tax of RM8.08 million on the back of RM28.80 million revenue.

**impairment of receivables, Hahaha? Related parties involved? What action has been taken? Please give details and be transparent.
***If with revenue also making losses, just close down and return NTA to all SH, don't let management and directors suck all the balance as they are talented people and most properly rich people too.

Really no idea what is the directors role and how effective. Coming AGM wanted to approve their fees for 2017, haha, tak cukup lagi, want to approve for 2018. Joke of century, that shoWws their greediness. There are people born without knowing what shameful means. Good luck all the minority.

@JamesPond... we should play our investors role to continue to raise our concerns on companies and management who only keep on asking $ instead of distributing profit back to SH. My very worst investment experience was Malaysia AE, became insolvent immediately few months after dividend paid, and management was fined very little and stock was zero value. Good management, regulators, auditor and bankers. Good luck.

http://m.thesundaily.my/node/280913

NTA could be misleading. Nonetheless as this is a newly listed, most likely it represents quite a fair one.

I myself stepped into a mines land about 5 years ago, ie Malaysia AE, its NTA is double the share price but just about only a few months after received its dividend, it became insolvent and NTA eventually became zero value. "Good" auditor, management, bankers (never read its financial statements?) and regulators. The Datuk management just easily walked away with very little fine. That is our market.

We must share info and voice our concerns, together to build a transparent market, good market conducts, effective regulations, and most importantly to protect investors interests.

Soon touching. Luckily disposed off immediately after it announced the financial results as news messaging tends to downplay the drop in profit. I don't buy in news messaging which try to bullshit. Saved about 40%.

Court case settled tomorrow: 10%.
Postpone: 90%.
Wish I am wrong as it is better to settle regardless of good or bad.

When profit is not substantiated by positive cash flow, the profit is as good as paper profit and can't even afford to pay dividend.

After the right issues, bonus issues and private placement, it will soon become penny stock. Bear in mind private placement which normally is 10% below market price. If the NTA is the true value, believe someone has already more then willing to privatise it.

If private placement approved within this few days, 10% discount for private buyers, theoretically already below 1.00. If company management can't deliver, no point to buy now. Hopefully sniper123 is right, below 0.50 even though the chance is quite slim.

Very soon they will ask for right issues or private placement if insufficient cash to fund business expansion. Business model to pocket money.

Buy based o fundamental instead of politicians fund if any, as we should not encourage this and participate in it. Good luck.

Only Affin is pessimistic with TP2.20.

May be should not worry too much as the company's governance page stated it is a "Life time value creator".
http://www.lottechem.my/company/gov.asp

CEO remuneration (group):
2014: $1,028,000
2015: $1,928,000
2016: $2,575,000

Why investors don'tbelieve the professional analysts TP. I like this situation as it shows there are many matured investors.

@gcke...securities law in mainland China is stringent too. In Jan~May this year, its Securities Commission fined and confiscated more than RMB6.14 billion. Underwriters, audit firms etc will and were held responsible too. Believe it or not, players of local market here are very "obedient" as compared to China, as we rarely see punishment or severe breaches. Regulators should periodically publish information pertaining to action taken on companies but not just asked for unusual price fluctuations (one of the common actions), this action can easily be done by requiring self reporting.

1. Good company need not travel around to entice buyers as its reputation will tell.
2. Unfortunately there is only a few good one in KLSE that really delivered quite consistent performance and their price increased over many years.
3. Worst still, some who wanted to promote KLSE and welcome those companies abroad without quality to list here, eg. Chinese firms, almost all shown their real fox tail. Yet talking of liberalisation.
Good luck to all, a long process of learning and know our risk appetite.

Buy on fundamentals.

1. EPS dropped over the past 5 years, -39% (Source FT, wish is correct).
2. Payout last year 0 and net profit margin 1.35%.
3. Debt Equity 2.97.
4. Business expansion is just for short run speculative play as ultimately is bottom line that count.
Have been observing this counter for about 5 years, luckily have not been sucked yet.

Bursa investigates it? Really? I thought they are still observing or feels unnecessary to do so? Willing buyers willing sellers?

1. Top guy failed the fit and proper test as he can't even know disruption impact on the bottom line?
2. BOD members photos not in its website, only provided photo frame, indication of level of transparency and disclosure standard OR no face to see investors?
3. Those involved in the process of IPO, that revealed your level of competencies and still owe public an acceptable explanation or remedial action? You also don't know disruption impact or don't know how to calculate and determine what material means?
4. Those who are still observing need to take how long to complete observing or just wanted the issue to fade naturally as if no issue happened?
5. Minority watch dog role needs to revisit? Not just dissemination of info as many can do that.

1. Top guy failed the fit and proper test as he can't even know disruption impact on the bottom line? Who defines materiality?
2. BOD members photos not in its website, only provided photo frame, indication of level of transparency and disclosure standard OR no face to see investors?
3. Those involved in the process of IPO, that revealed your level of competencies and still owe public an acceptable explanation or remedial action? You also don't know disruption impact or don't know how to calculate and determine what material means? What is your valuation approach in deriving the price and is it inclusive of uncertainty elements?
4. Those who are still observing need to take how long to complete observing or just wanted the issue to fade naturally as if no issue happened?
5. Minority watch dog role needs to revisit? Not just dissemination of info as many can do that.

Attend the AGM in Sep, fire BOD n management, significant dropped in revenue n turn to loss yet asking for fees. Ask them what are the KPIs for CEO who got so much salary n bonus even though company performed badly n BOD KPIs too. Bonus paid to top 2 increased by app 150% from previous year. KPI for bonus is when revenue, net profit down and zero dividend, bonus up 150%. Minority sucked again.

See Lotte website. BOD members only have photo frame without actual photos, no face to see SH. Indication of disclosure quality and standard. Click before amendment made.

http://www.lottechem.my/company/board-1.asp

@gcke....great, same view. May be you would like to see who are in the Lotte BOD and relevance of their past experience, but its website only provides photo frame without their true face.

http://www.lottechem.my/company/board-1.asp

Don't hope the illegal can be wiped out as it is certainly impossible in this country and I am old enough to hear the repeating actions to be taken against illegal activities. Court case may be dragging for sometimes as usual. Buy at your own risk and I am looking for averaging down, too sad. High dividend yield stock ended up in this situation. Wish all good luck, and of course, wish the management could do something good if not everything.