LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.77

Today's Change

-0.01 (1.28%)

Day's Change

0.765 - 0.775

Trading Volume

184,900


17 people like this.

12,787 comment(s). Last comment by Nepo 4 days ago

Posted by BornToSpeculate > 2020-05-30 08:53 | Report Abuse

I was looking at Genting too but I chose Suria instead as I dont want to gamble on recovery story and when it will happen. This is a worldwide issue on tourism decline due to covid and everyone including Europe, Japan, etc and we dont know if this is 6mths or 1 year or if they numbers will come back at a lower amount

I know Airasia is cheap now but i just dont like the idiot. He has no backbone seeing how he switches sides so fast, and he is obviously took a huge bribe from Airbus and got off 'scott-free'. Imagine if he has given that saving to the company and shareholders, how much interest he could have saved. So i dont feel he does things in best interest of company

Anyway Airasia success is purely political. Locally he can do well coz he can get approval for all the profitable routes. On an international stage ( AAX), see how they do when its a level playing field.

Posted by deadchicken > 2020-05-30 12:57 | Report Abuse

LCTITAN - butadiene to produce synthetic rubber for nitrile glove?

stockraider

31,556 posts

Posted by stockraider > 2020-05-30 13:09 | Report Abuse

I notice people come to lctitan here talk about other stock loh..!!

Raider advice them stop wasting time mah...!!

Just go for lctitan....u will make alot of monies loh...!!

Continue buy...buy...buy and buy mah....!!

Nepo

3,416 posts

Posted by Nepo > 2020-05-30 14:56 | Report Abuse

Yes, can top up this counter. Reason: its fair value still not yet reach. Top up on Monday, anyone follows me?

Posted by perseushermes > 2020-05-30 15:37 | Report Abuse

@raider
Agreed. Just buy la. People should not talk about gloves etc
Looking at the comparison
NTA PChem 3.80 Px 6.30
NTA LCTitan 5.30 Px ... shud be 8.80?

jinghee

134 posts

Posted by jinghee > 2020-05-30 17:24 | Report Abuse

Lotte Titan for June 2020,
Hdpe up rm0.18/kg.
Ldpe up rm0.10/kg.
Pp up rm0.28/kg.

LCTITAN selling price increase? anyone in the industry can confirm this news?

Besides, anyone know that how much LCTITAN produce butadiene that is used in nitrille glove?
Does LCTITAN supply to those glove companies?

Posted by Simonalibaba > 2020-05-30 20:26 | Report Abuse

I was told by the one glove company owner, lctitan is one of the supplier.

onionchong

430 posts

Posted by onionchong > 2020-05-30 21:48 | Report Abuse

Basically they are one of the largest chemical product supplier in Msia. Not surprising if they are involved in glove making materials. Only question is how much

mohamsu

125 posts

Posted by mohamsu > 2020-05-30 22:08 | Report Abuse

Maybe JV with top glove in future

Vencho

15 posts

Posted by Vencho > 2020-05-30 22:11 | Report Abuse

I am holding since 1.30, will top up more on Monday...
Btw, any comments on TP?

Posted by Ahmadahmad88 > 2020-05-30 22:43 | Report Abuse

mungkin 2.50

Posted by Ahmadahmad88 > 2020-05-30 22:49 | Report Abuse

jangan beli.

Posted by BornToSpeculate > 2020-05-31 09:16 | Report Abuse

This is the main raw material for nitrile

https://www.lottechem.my/products/productGuide_view.asp?code=C224

jinghee

134 posts

Posted by jinghee > 2020-05-31 10:31 | Report Abuse

did pchem supply butadiene? I go through the annual report, seem like butadiene is the new product and just started 2020.

ochai

350 posts

Posted by ochai > 2020-05-31 10:34 | Report Abuse

the more gloves produced...the more lctitan printing money...huat arh...ong arhh...leng arhhh...

degaht

338 posts

Posted by degaht > 2020-05-31 10:36 | Report Abuse

tes there

onionchong

430 posts

Posted by onionchong > 2020-05-31 10:43 | Report Abuse

tp RM5 by end of year

Posted by Ahmadahmad88 > 2020-05-31 10:52 | Report Abuse

pchem lambat dah.

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2020-05-31 10:53 | Report Abuse

Please read.U see Wht I write before and check the chart.

LC Titan blog(rm 1.59)
Michael Kwok
1744 posts
Posted by Michael Kwok > Apr 20, 2020 2:40 PM | Report Abuse X

I already see the chart.Monthly oversold but hooking up,weekly oversold but hooking up.Good sign.I dun expect drop dramatically along the price recovery.These counter a proxy to play due to Covid 19.I set TP above rm 3.

jinghee

134 posts

Posted by jinghee > 2020-05-31 11:59 | Report Abuse

LCTITAN have more secure than glove counter. Vaccine news is a good news for LCTITAN, because vaccine need syringe so demand for pp will be great. While Vaccine not out yet, glove need butadiene to produce nitrile glove. And Naptha price so low to boost the company earning.

Nepo

3,416 posts

Posted by Nepo > 2020-05-31 12:02 | Report Abuse

After profit taking on Monday due to window dressing last week, then it is the time to top up. I think it is a good opportunity to ride through this tide..

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2020-05-31 12:52 | Report Abuse

Even more investment bank follow.There have less meat recommendation.Me more meat.

https://klse.i3investor.com/blogs/kenangaresearch/2020-05-29-story-h1507894299-Daily_technical_highlights_ndash_LCTITAN_MASTER.jsp

Titanwang

17 posts

Posted by Titanwang > 2020-05-31 14:47 | Report Abuse

Wonderful news. Thanks for sharing. Lets ride this to TP3!!!

ochai

350 posts

Posted by ochai > 2020-05-31 15:04 | Report Abuse

sell hse sell car sell wife sell kidney.. sailang all in!!!

Posted by Ahmadahmad88 > 2020-05-31 15:21 | Report Abuse

lambat dah, patut beli banyak masa rm1.50

lhh99s

97 posts

Posted by lhh99s > 2020-05-31 19:06 | Report Abuse

Tp 3 is coming since someone had just found out this company makes butadiene which is one if rhe element in synthetic rubber! That why a big amount transaction at friday before closing. I think someone had just found out lctitan is one of the supplier in glove and also provide vaccine for pp. Let us ride all the way up!

onionchong

430 posts

Posted by onionchong > 2020-05-31 19:12 | Report Abuse

Yes.. tp RM5 by end of year. mark my words

Posted by Simonalibaba > 2020-05-31 20:15 | Report Abuse

X

The key is the price of HDPE spread has rebounded to pre 2019 level. That in 2019 the spread narrow substantially the price drop to below 2. Now that the spread has gone back up to pre 2019, it’s not impossible to go back up to 5. Technically they is not much resistance till 3. So enjoy the ride.

Nepo

3,416 posts

Posted by Nepo > 2020-05-31 20:38 | Report Abuse

Butadiene

Latex Glove = 乳胶手套,原料是主要是Natural Rubber,但是有些人对于 Latex 手套里面的 Protein 会过敏,因此Nitrile 手套才会越来越受欢迎

Nitrile Glove = 丁腈手套,其中主要原料之一是Butadiene(一种石油化工业品),近期来我们看到油价跌也让他们的价格间接下跌了
ASP = Average Selling Price,平均手套的销售价格,这个越高的话公司的赚幅就越高

titan3322

2,711 posts

Posted by titan3322 > 2020-06-01 09:28 | Report Abuse

chance to buy back at 2.40 for those who sold above 2.50 last week. Pump and dump and dump and pump hehe

lhh99s

97 posts

Posted by lhh99s > 2020-06-01 11:02 | Report Abuse

Correction?

Nepo

3,416 posts

Posted by Nepo > 2020-06-01 11:45 | Report Abuse

Now is safe, those who are interested can buy in now

tamarindo

1,008 posts

Posted by tamarindo > 2020-06-01 12:02 | Report Abuse

here it comes!!! co with rubber. shd fly high high high!!!

kcap21

6 posts

Posted by kcap21 > 2020-06-01 14:22 | Report Abuse

engine start

Posted by Ahmadahmad88 > 2020-06-01 14:22 | Report Abuse

pancit sudah

ratz

285 posts

Posted by ratz > 2020-06-01 14:56 | Report Abuse

Immediate target RM3.50 by end June. Nice for 2nd Qtr results.

Posted by deadchicken > 2020-06-01 15:35 | Report Abuse

China PP futures heading RMB8000 wile naphtha price remain low.

Posted by BornToSpeculate > 2020-06-01 16:59 | Report Abuse

Decided to just top-up at 2.34

Posted by Ahmadahmad88 > 2020-06-01 17:00 | Report Abuse

esok pancit lagi, bahaya ni.

Posted by Simonalibaba > 2020-06-01 18:47 | Report Abuse

No worries, good time to accumulate more. Be patient after moving from 1.90 to 2.50 surely got many profit taking. Actually it move so fast that I missed out buying. So now good time to buy.

Posted by Simonalibaba > 2020-06-01 18:49 | Report Abuse

The most important is the PP price still very strong and naphtha is still low.

Posted by Ahmadahmad88 > 2020-06-01 19:02 | Report Abuse

mana mau tengok pp price?

Posted by Ahmadahmad88 > 2020-06-01 20:08 | Report Abuse

ok, tq.
Macam semua produk punya harga inch higher.

wazhab

255 posts

Posted by wazhab > 2020-06-01 20:38 | Report Abuse

Dividend coming

Posted by Ahmadahmad88 > 2020-06-01 20:44 | Report Abuse

mana ada dividend, setahun sekali bro.

chtan33

242 posts

Posted by chtan33 > 2020-06-01 20:48 | Report Abuse

dividend already ex-date, right?

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