JollyAndy, we can never predict the market. If you believe in the company and the valuation, just hold tight. There are so many reasons why stocks up and down and when market is bad everything will come down.
If you invest long term like an investor but cut loss like a trader, you will cap your upside. Of coz, if your wrong you can lose more, but this is where we put our money where our mouth is.
Some of us are not that worried coz our costs is 1.20-1.30 and we took the dividend too but even if you joined the party late, remember cash per share is 1.71 no matter who is selling, i think they will regret this later. Thats my take
I was quite disappointed when it shot up from 1.8 to 2.5 and I didn’t buy enough. But since it dropped like rocks I managed to buy on the way down. I am still buying. I am not shaken by sell down. If you believe all the things we talk about the company, this the time to BUY and buy when it go down again. I doubt it can go down further. Have fun!
Anyone knows whats going on with LCTITAN's lately performance? it seems very unusual. The only thing i can find out is their public shareholding % not met but that shouldn't be a big issue as they were at 23.97% (min. 25%) back in 29th April 2020. https://www.klsescreener.com/v2/announcements/view/3152539
There is paper loss of the profit we had but Im still confident this stock has a lot of upside due to all the reasons we have been discussing here.
There are actually so many variations of why the intrinsic value of the company is worth more. If tomorrow, LCTITAN decides to issue out the cash dividend for the entire cash portion and borrow from the banks for their expansion due to low interest rate funding present ( banks will surely lend them ), how much do you think the share will be worth after the dividend ? Definitely not 20-30 cents.
Or if they do allocate the cash to portion to increase dividends since they got too much cash and after all expansion costs they will be still have surplus as of now.
Some ppl might say they are too conservative or lack of business opportunity but i think they have bigger plans in mind and btw anyone that is sitting on sizable cash pile like this can do wonders on M&A especially since covid has killed so many industries.
i bought Lctitan because of the cash of RM1.65 per share. I'm looking forward for next quarter report out in end of july. With price in plastic material increase, profit should be good. Now is the time to test who are investor and who are gambler. I think market will continue to sell down bcos those who jump into market recently are trader with a short term target aka gambler. I have friend that don't play share market, also start to jump in to play contra.
dompeilee After getting trapped 1 lot @ 4.13 last year, I was saved by averaging down 4 lots @ 1.82 in Feb, even though it dropped to 99c in Mar.
Today, I gratefully SOLD everything off @ 2.41 for a slight profit after snagging the pleasantly surprising dividend. No more involvement in this co! 29/05/2020 7:15 PM
In fact it is good for Lotte Ttitian when US DJ tumbles due to fear of second wave of coronavirus. This couple with down in brent cruel oil to US 37...so why sell..?
This stock can be used to hedge against the danger of coronavirus.
white bunny, those negative shamans left this chat after the prices went up and they got tired of being wrong. I name a few names but lets not get personal. We're just here to share and make money together. Only good fellas left here and everyone is more or less happy coz we boarded the train earlier
Nepo the spread is still healthy. Your right, oil price down means naptha should be down too. Selling prices have gone up and actually as long as PP/PE selling prices are not lower than last year level shouldnt be an issue
Allow me to share my opinion. For long time i have opted for different perspective about investment. Based on TVT, Timing, Value, and Theme to invest. Fundamentally i choose stocks based on thier Values and good Theme and make it a middle or long term investment. Lctitan seems a good one. Then I consider myself as a partner in this company. Timing like today proivides added opportunity buy at a lower cost. QR is my concern. Fluctutations means opportunites to add on or liquidate to a better standby opportunity. In long run, we wil wont get too flustrated and emotionally too affected. Be a happy investor.
Perfect environment for lctitan when market fall at this magnitude even blue chips would not be spared but the severity may not be the same for different stocks by mid July some people would have known what would fig it would be releasing for the qtr so think for yourselves lah
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....
xytraders
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Posted by xytraders > 2020-06-11 14:54 | Report Abuse
retreat before deep trap