Qtr 4 should be better, where PP3 utilization will contribute to the full qtr output. On top of that, also the time, dividend distribution, if same trend as last year.
In comparison to 1 year ago and now the company's position (except for share price) has improved in every sense. Current share price is grossly undervalued. Good time to buy and accumulate. With PP3 additional capacity, the next Q should be much better (should be able to see even higher revenue growth) thus can expect to see even a much better and strengthen balance sheet.
Do not trust investment banks. when they participate in the IPO, the say it is fairly priced. Then they will give comparisons like "this IPO is priced at PE of 13 while the average PE for the industry is 14 ..."
What is the difference between PE 13 n PE 14 ? There is no margin of safety at all.
How they calculate price for IPO? Big variance from IPO price vs current price within a short span of 1 year. Now even downgrade summore. Can we retailers sue those investment banks for giving inaccurate information? I don't think can trust IPO summore
All the while LCtitan facing high Naptha raw material price and also efficiency issue. From the recent few quarters result the efficiency are consistently above 83% while the new plant start to deliver full swing output. Recently crude oil drop from USD75/barrel to USD59/barrel that keep Naptha price hovering around 550/ton and below.
All macroeconomics factors are supporting LCtitan and there is no reason for this company to deliver poor result. Since the lagging on increase the ASP to this coming quarter with the advantage of low raw material price, LCtitan will surpass market expectation on its EPS. I am looking forward for 20cents per share earning, with expect is 50% dividend policy ~ 30 cents dividend declared.
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....
trulyinvest
2,370 posts
Posted by trulyinvest > 2018-10-31 14:00 | Report Abuse
even though profit drop but eps per quarter is 9.5sen which is much better than many rubbish counter tat make eps 1 2 sen