LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.775

Today's Change

-0.005 (0.64%)

Day's Change

0.765 - 0.78

Trading Volume

738,500


17 people like this.

12,787 comment(s). Last comment by Nepo 5 days ago

bone

968 posts

Posted by bone > 2019-05-02 16:13 | Report Abuse

wow, how those can tahan? When they think is low buy already, then it break lower again

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-02 16:19 | Report Abuse

Today T2 &T3, all around 4 one, do u think the syndicate will let those weak holders easy walk away?!?

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-03 12:31 | Report Abuse

Static is good.

signalmw

3,314 posts

Posted by signalmw > 2019-05-04 19:52 | Report Abuse

Newspaper said no more free tax for this company. Some ore in no reach public share hold rate. Must meet deadline at July's reach the public

newbie4444

1,264 posts

Posted by newbie4444 > 2019-05-04 22:29 | Report Abuse

Lost 12 sen in T+2. How abt those bought >RM 4?

abang_misai When it break support line, people will run because they thought it will eventually go to zero. Bad news keep coming. However, people often forget any company will have to have a value.

Some predicted it drops below Rm3.00. When it’s too bad to be true, it’s time to enter. For this reason, misai bought 50k@3.63 yesterday.
01/05/2019 6:34 PM

newbie4444

1,264 posts

Posted by newbie4444 > 2019-05-04 22:29 | Report Abuse

More plunge ex-dividend 17 sen possible?

GinTech

240 posts

Posted by GinTech > 2019-05-05 23:23 | Report Abuse

Try to calculate dividend yield as per current price. :)

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-06 09:06 | Report Abuse

Fake support again?!

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:14 | Report Abuse

Rm3. 00 coming before ex date

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:15 | Report Abuse

After ex date going to below Rm2....... Follow star media trend....

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:15 | Report Abuse

If you like LC titan... Then you should consider below Rm2

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:16 | Report Abuse

Ignore 17 cents dividend.. It's a bait.... Don't fall into the hole

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:17 | Report Abuse

No way it could sustain the current dividend yield if without the profit generated from operating

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:19 | Report Abuse

It's nearly impossible to arrest the drop in profit for the remaining quarters.... Perhaps, thing may change after 2021

kasinathan

967 posts

Posted by kasinathan > 2019-05-06 10:19 | Report Abuse

Follow your common sense.. Not your emotional impulse!

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-06 10:25 | Report Abuse

Recall Michael Jackson's song "BAD"............

Posted by EngineeringProfit > 2019-05-07 08:59 | Report Abuse

Interesting....

Posted by wongkokmun > 2019-05-07 14:54 | Report Abuse

Bought 3.49

ezx7

56 posts

Posted by ezx7 > 2019-05-07 18:31 | Report Abuse

kasinathan you just want the price drop lower then you can buy before ex-date ah? hahaha

gsi723

907 posts

Posted by gsi723 > 2019-05-07 23:07 | Report Abuse

LC should find it support level...

bss2018

34 posts

Posted by bss2018 > 2019-05-08 16:15 | Report Abuse

This stock if close shop also worth 5.16/share. Future value is between 5.9-6.1. Why is it so low and everyone selling? who is selling? Dont understand.

Posted by Roger Lim Tau Kiat > 2019-05-08 20:47 | Report Abuse

when daiman privatise at rm3, nta rm6++.
if boss want to con ikan bilis, nta rm10 also useless.
keep watching korean drama.

bss2018

34 posts

Posted by bss2018 > 2019-05-08 21:29 | Report Abuse

Drama also can drama for a year. Normally drama 6 months only. Boss must be aiming big big fish.

Savusavu

164 posts

Posted by Savusavu > 2019-05-08 23:13 | Report Abuse

bloody drama yea...really ...today no anchovies supply ticket to sell..stop selling now???

Kayme

102 posts

Posted by Kayme > 2019-05-09 09:27 | Report Abuse

Korean is selling?.... Heavy buying last few days but price didn't up, distribution going on, LC slowly release their shares to open market until 23 July 2019 to comply with the public shareholding spread requirement.?

Quite tempting to buy for the 17cents of dividend, but worry that now all been trapped with loss tickets and after dividend may trigger another heavy sell down, price may go lower further, because near term doesn't look good.

Kayme

102 posts

Posted by Kayme > 2019-05-09 10:05 | Report Abuse

1.03% that is about 25 million of share to meet requirement.

Kayme

102 posts

Posted by Kayme > 2019-05-09 10:39 | Report Abuse

Are those chemical plants end products same with LC? Are they taking opportunity on market supply situation to shut down?

Posted by billionchew > 2019-05-09 14:54 | Report Abuse

你们太乐观了。

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-09 15:09 | Report Abuse

已经很惨了,乐观是唯一救生圈。

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-09 15:14 | Report Abuse

其实这场风暴还没停的,只是风暂时小了..........

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-09 15:33 | Report Abuse

But just beware, the Korean might push us to the cliff edge before the real happiness.......:-)

Posted by factorrumour > 2019-05-09 21:30 | Report Abuse

now my butt hurts a lot because i can only eat kimchi thanks to this share...

曾煦财

49 posts

Posted by 曾煦财 > 2019-05-09 22:24 | Report Abuse

I feel that this 3.48 could drop until 2 after dividend out...so...I don't feel want to buy...

Kayme

102 posts

Posted by Kayme > 2019-05-09 23:17 | Report Abuse

not possible to drop until 2 lah, but around 3 possible

gsi723

907 posts

Posted by gsi723 > 2019-05-09 23:46 | Report Abuse

Huatexpert ... good fact n figure n suggestion

Kayme

102 posts

Posted by Kayme > 2019-05-10 02:41 | Report Abuse

Last few days open high and close low but at last call always got some one push up the price higher, also higher buy rate but price not moving up. This is the same scenario before quarter result was out, price at RM4 range for more than a week with high buy rate, and someone keep release tickets, when result out, the price plunged.

Kayme

102 posts

Posted by Kayme > 2019-05-10 10:10 | Report Abuse

Yes, agreed with Huatexpert.

But still is supply and demand that have an effect on their average selling price, if China still don't want to buy from US or economy slow down, the Asia market will become over supply and lower ASP will hit LC's profit margin. If next 1 or 2 quarter earning result are so so, PE will shoot up, market will adjust the share price according to the PE.

At current market situation, i don't see any support to push price higher in near term. Now people buy because of thinking price have drop down very low and the dividend look good, but price will continue drop if coming financial report doesn't look good.

I also very tempted to buy at this price with dividend next week, but the risk is after dividend short term traders may sell their share or if market mover decide to come in to push lower and will trigger another round of selling & cut loss action.

May be better wait after Ex date adjustment and see how it go....

Posted by Roger Lim Tau Kiat > 2019-05-10 14:46 | Report Abuse

I predict next Friday will slum 40sen ,to RM 3

Posted by Roger Lim Tau Kiat > 2019-05-10 14:48 | Report Abuse

有句话是这样的,money game 常做和用的。
人家要你的利息,你要人家的本金。

Posted by Roger Lim Tau Kiat > 2019-05-10 14:49 | Report Abuse

到6月3号出利息,可能母股已经在rm2 以下了。

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-10 15:07 | Report Abuse

I interested ler......

曾煦财

49 posts

Posted by 曾煦财 > 2019-05-10 16:47 | Report Abuse

Interested+1
rm2太吸引人了,可以进了....

Posted by Kaliz Varan > 2019-05-10 20:50 | Report Abuse

I dont think lotte overall performance in other country affect this lotte price. It just a bad decision to invest long term here. More than a year holding with less and less hope.

firehawk

4,782 posts

Posted by firehawk > 2019-05-11 03:03 | Report Abuse

Lotte Chemical earnings set to rise on US plants

PETALING JAYA: Lotte Chemical Titan Holding Bhd’s joint venture in the United States is expected to increase group earnings beginning next year after the operations of its two plants stabilise.
The projects – a one-million-tonne per annum ethane cracker plant and a 0.7-million-tonne per annum mono ethylene glycol (MEG) facility – will add 0.64 tonnes or an additional 18% to Lotte Chemical’s total capacity based on the apportionment of its equity stake.

Maybank IB Research has raised the company’s financial year 2020 (FY20)-FY21 earnings forecast by 8.6% and 19.3%, respectively, on the back of higher expected contributions from the two projects.

“Previously, we assumed a contribution of RM40mil in FY20 and RM80mil in FY21. Based on our latest forecast, it was too modest.

Contribution from the projects to Lotte Chemical are forecast to be RM162mil in FY20 and RM289mil in FY21.

The research house has also upgraded Lotte Chemical from a “hold” to “buy” with a target price of RM4.70, as the share price has de-rated and is now exhibiting deep value.


Read more at https://www.thestar.com.my/business/business-news/2019/04/04/lotte-chemical-earnings-set-to-rise-on-us-plants/#IS0JUvJBXfJmRJSu.99

signalmw

3,314 posts

Posted by signalmw > 2019-05-11 08:08 | Report Abuse

BiBM TP 2.9

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-14 09:59 | Report Abuse

Market plunged, ppl more interested in dividend counter, tmr ex-date .....

RainT

8,448 posts

Posted by RainT > 2019-05-14 10:04 | Report Abuse

dividend counter for what use if the profit keep on drop & no growth prospect

how long can LCTITAN sustain the dividend payment

it is not bank that pay FD interest for your capital

LCTITAN is a manufacturing company

Kayme

102 posts

Posted by Kayme > 2019-05-14 10:41 | Report Abuse

Market already hit by over supply as a result of trade tension, LC profit margin will not recover in 2019. If go for dividend, in another 2 quarters the PE ratio will shoot up to above 30, price will drop further.

signalmw

3,314 posts

Posted by signalmw > 2019-05-14 13:02 | Report Abuse

Tp. 3

Jiahui Foo

3,335 posts

Posted by Jiahui Foo > 2019-05-15 08:08 | Report Abuse

Up 17 sen today?

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