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2018-04-05 10:07 | Report Abuse
What I learn from Warren Buffet's concept is true! For long haul wealth accumulation, wealth transfer from impatience to patience investor. Ignore market noise, pundit in the news, closed book and travel around. Focus on business & sector fundamental growth, opportunity arise for those who know what they invest objective for, that how wealth become multi-baggar return gain in long run as long as business keep on growing.
2018-03-20 16:29 | Report Abuse
I heard there is market shortage of petrochemical supply, ASP price will shoot up due to high demand, many petrochemical producer shutoff 1H18 due to plant maintenance. Yet raw material price is firm btw US$ 500 ~ $550 range. Opportunity is high to accumulate now if has chance.
2018-03-16 16:18 | Report Abuse
Daily volume Buy and sell is healthy, as long as business growth & macro economy is intact. Be patience & win the race.
2018-03-14 11:11 | Report Abuse
Agreed. This entire petrochemical industry sector is on high demand boost, grow an average of GAGR 6.8% annually till end 2020. Not to mention, with China demand pick up, this business sector can growth even higher in 2018.
For counter selection, I do believe this LCTITAN is way undervalue vs other related petrochemical counter, some more below IPO price RM6.50. Some more it's TE3 plant already start kick start commence operation on 16th Dec 2017, delivery additional 30% total production output. With coming normalized efficiency back to >90% in 1Q18, this will further enhance it output delivery for 1Q18 Quarter result earning. Also in 2H18, another PP3 plant will up and commerce, going to add 200,000 tonne of Polypropylene output.
Previously LCTITAN drop due to One-time deal unexpected incident issue, beyond LCTITAN mgmt. control. This is a great Opportunity to accumulate it as most analyst prediction expect to hit RM7.50 to RM8.50 if based on PE 10 value. In term of business growth and stock appreciation, I believe this is a good counter for 2018 assume LCTITAN mgt able to deliver consistent gradual growth of ~RM400mil quarter earning for 2018.
Stock: [LCTITAN]: LOTTE CHEMICAL TITAN HOLDING BERHAD
2018-04-05 11:35 | Report Abuse
thanks @Kpin. just stay firm, focus & be patience wait for next 7.00, then 8.00 by mid May'18 with good dividend 4.0%+ payout :)