Posted by speakup > 2 months ago | Report Abuse

Obviously u don't know lctitan

Posted by Sslee > 2 months ago | Report Abuse

Obviously u don't know lctitan and also Pchem and petrochemical supply and demand.

Posted by Sslee > 2 months ago | Report Abuse

Mind telling trapped inside lctitan at what price?

Posted by targetinvest > 2 months ago | Report Abuse

https://www.mckinsey.com/industries/chemicals/our-insights/petrochemicals-review-where-we-are-now-and-where-were-going

Posted by targetinvest > 2 months ago | Report Abuse

I am invested in lctitan around rm1.00 before he went to rm 1.40
Now drop back but i am still invested because i believe can go above rm2

Posted by Sslee > 2 months ago | Report Abuse

KUALA LUMPUR (Aug 19): Petronas Chemicals Group Bhd or PetChem (KL:PCHEM) is projected to face weaker earnings in the second half ending Dec 31, 2024 (2HFY2024), driven by lower average selling prices (ASPs) in the olefins and derivatives segment, as regional shutdowns end and supply increases, according to analysts.

CIMB noted that the company’s 2QFY2024 core earnings were affected by larger-than-expected losses at the Pengerang Integrated Complex (PIC), amounting to RM100 million, compared with a RM10 million loss in 1QFY2024.

Posted by ks55 > 2 months ago | Report Abuse

Consider to buy LCT at 90 sen and below.
Will start to buy into LCT at 90 sen, all the way to 50 sen and below.

Posted by ks55 > 2 months ago | Report Abuse

If follow 90% rule, can start to buy in a meaningful amount only at 60 sen. In order not to miss the boat, can start at 90 sen. As long as your cost is less than others, you will have others to be your cushion.

Posted by ks55 > 2 months ago | Report Abuse

Even if you miss 90 sen buy order, there are still many better buy which offer more value for your money.

Posted by targetinvest > 2 months ago | Report Abuse

Tat is great news.. bad news is good news as long as the future is not going to remain the same.
I invested in m&g at 7 to 8 cents, classify as pn17.. now is 30+ cents
Wad u see is now, wad u didnt see is future

Posted by targetinvest > 2 months ago | Report Abuse

Sslee..
Can tell why Pchem aggressive buying of chemical company in past 4 yrs?
Sarawak side revenue affected?
Lctitan potential target ?

Posted by Sslee > 2 months ago | Report Abuse

“Growth for the sake of growth is the ideology of the cancer cell.”
Edward Abbey, Writer and environmental activist

Posted by Sslee > 2 months ago | Report Abuse

Pchem already big investment in Pengerang Integrated Complex so why need another lctitan?

Posted by targetinvest > 2 months ago | Report Abuse

Plant can be modify to produce other in demand chemical, for example energy storage chemical.
Pchem did it for the gebeng kuantan plant, u saw right?

Also can indirectly have ownership on 51% LINE plant at indonesia

Posted by speakup > 2 months ago | Report Abuse

the game plan is the same. let lctitan bleed until like 50sen, then suddenly privatised! then relist it 5 years later at super high PE, this time maybe outside malaysia

Posted by targetinvest > 2 months ago | Report Abuse

The last time they did it, the privatize titan, then bought a few other chemical factory and company, then packaged it as a much bigger size chemical factory, only do IPO. So it is not just a delist relist flip. In between got merge in a lot of other factory.. well, it is a rich man game of IPO..

Posted by targetinvest > 2 months ago | Report Abuse

At 6.50, i will not buy
But at rm1, that is another whole new story

Posted by speakup > 2 months ago | Report Abuse

only in an IPO can u can get institutions, uncles, aunties, pakcik, makcik rushing to buy PE 50x stocks!

Posted by targetinvest > 2 months ago | Report Abuse

Yea.. ipo sucker get whack.
But now is not ipo.. now is fell so much until got something exciting to be seen about

Posted by speakup > 2 months ago | Report Abuse

if u want to play Lctitan privatisation, safer to play Kps or Fgv privatisation, at least Kps & Fgv making profit, more reason major shareholder to take them private

Posted by targetinvest > 2 months ago | Report Abuse

Yea those 2 are good target.
But petronas issue on Sarawak and Pchem aggressive state of acquisition definitely put this into more excitement.
Ofcourse please do not all in.. only invest what you can afford.