Not so fast, lets see, yes cash ~100M as reported Q4 13. Need ~15M for new bldg as part existing sublet. Revenue has dropped substantially due to loss of OEM contract & cud hardly cover cost ...at approx 120M/yr! Without new rev stream, how long can existing cash last ....
how long can the cash last ? trust me ... the answer is veri veri LOOOOONG. But dun worri .. this one is asset-privatisation play. Somemore got one year-warranty. Nice right ?
If you're not sure what to do about LCTH, follow Fu Yu (F13.SI). LCTH up, Fu Yu should go up, and vice versa. Theoretically correct and practically also should be that way. Believe it or not, watch and judge it yourself. If Mr Ng found value in Fu Yu and some knew that part of the value comes from LCTH, can't you!? I'm just a small retail investor and I believe the time for LCTH to move on to greater heights is just around the corner. When most are still wait and see, someone has already moved.
i totally agree with u bugle...As you can see LCTH already bottom out at 0.205...It seems tat someone is collecting quietly at 0.205-0.210 for quite some time d...I believe they might ve secured a new contract tat could mark a new beginning for LCTH after their assets disposal...Tat is Why Mr NG HOCK CHING started to acquire 10% stake in FU YU which ve 70% controlling stake in LCTH...Fu Yu Investment is a major shareholder of LCTH...U might think tat LCTH is over with its assets disposal but i still trust tat they will turnaround with new business strategy...
97million CASH & BANK balance as at 31-12-13. This is really a super strong company... must accummulate and wait for its turn to rally... regret that i didn't buy in when price was 0.16
shhhhhhhhhhhh ... i know u veri impatient ... wont be long alredi ... plz keep low profile until end of may. I promised after may LCTH will explode. Just let me accumulate as much and as cheap as possible. Win-win okay. No need to reply to this post. Just keep low-low profile.
I just received my LCTH Annual report today...I ve paid full attention to its content and chairman statement...It stated tat they are building New factory in Johor Technology Park to cater for future increased orders demand and it also stated tat orders for plastic moulded products remain strong and should increase moving forward riding on global economic recovery...LCTH will come back strong again with full optimism...will fly above 0.30 again in coming mths...
SCARY huh ? If u could not see this comin', dun beat yourself up. Onli LENO THE MOST PANLAI INVESTOR can see this kind of thing. MUAHAHAHAHAHAHAH .... MUAHAHAHAHAHAHAH !
promote here better ... got a lot of veri good analyst. Over there mostly mental retard people shouting politic more than investment. They should change their forum name to Politik-lah instead.
LCTH an superb-under-valued-asset-take-over-turn-around-play stock ! SHHHHHHHHHHHHHHHHHHhhhhhhhhhhhhhhhh .....
today is just a correction...Monday will continue rise to new high...their plastic business is turning around...Now is the best time to acquire...I believe Mr Ng Hok Ching sapu LCTH's stocks yesterday tat's why suddenly big volume and sudden climb...I am sure LCTH's directors will continue to acquire LCTH's stocks slowly in preparation for their coming business optimism and improvement...Just when u think LCTH IS DEAD, now it rises back from ashes..Lui choon hay> Chin yean yeang> Tam wai> Ho nee keat are BACK!!!!
In the world of stock mkt, a loss making company doesn't mean it can't surge...In fact it rises more than a fundamental company and profitable company...Just look at leweko and mjperak for example...For years these 2 companies were loss making or stagnant BUT it is climbing up like nobody business...KLSE is just like gambling table or lottery pool...Who knows when u check LCTH's price next week the price appeared to be 0.35...Anything can happen!!! It really depends on ur luck whether ur stocks kena goreng or not...really tat simple...
If u compare LCTH with its competitors in plastic precision business like Geshen, Ralco, and Scnwolf which also listed in bursamalaysia,LCTH is still the lowest and most undervalued among them in terms of size and fundamental...At 0.265 it is still the most undervalued with zero gearing...D company might ve received new business orders already tat's y they are buildng new factory to cater for coming demands...Given 1 year lcth should return to d black strongly as they now focus on high end products tat brings higher profit margin...BUY!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
1901
532 posts
Posted by 1901 > 2014-03-12 13:05 | Report Abuse
what is d reason for >50% decline in revenue in last q report? pull down price for more collection - then I'll watch for handle & spoon