Thanks. I also manage to buy 2,000 E&O at 41.5sen. Expecting them to announce dividend with their Qtr report end of this month. Usually, it’s 3sen for last 10yrs.
I just avoid property / construction no matter how cheap coz things wont be good next 6-12 months. If i had to buy, i will only look at KSL.
i just added more LCTITAN at 1.84. Was in queue earlier at 1.80, 1.82 and was distracted with work and all not matched sigh. I have no luck in trading. Anyway a few cents dont matter if your buying for long term
My average today is 1.75 even if I throw it all at current price of 1.84 I can still make a profit of 1.8K but what stock to buy back and I think 1.80 is the resistence for this stock unless there is another big fall in US tonight but the irony is that crude oil would also fall in tandem which would benefit lctitan so it would be the winner in the mid term
Ali, it’s just lucky. I also bought E&O at 41.5sen this morning ....I’m using my profit to buy more now at 42.5sen. Quarterly report may come out today with dividend after market close
Genesis unless u have lady luck with u just hold on coz we can't time markets. I didn't sell since 1.22. In fact I cut loss on some old stocks I held due to sentimental reasons that took a dive since PH govt took over and bought more Lotte today
I am a bad investor. Like to hold share for long term. But learn it hardway after losing money and agree with born statement that we cant time the market. Fully support such statement.
I too have been holding with my average of 1.27 and not intending to sell yet until my target price is reached. Nothing to worry about as this is a fundamentally strong company, we just need to sit tight and ride through the storms like today. Monday will be a good run.
What they mean is raw material cost to selling price. Lotte does plastic and main end products like pe and pp plastic has gone up substantially. Raw materials are downstream petrochemicals so related to oil prices.
Shareholder spread is ok coz Lotte chem Korea holds 70% and if they buy anymore they have to declare. The logically way to solve the spread is to push share price up so new shareholders come in.
IPO a few years ago was 6.5 so if Lotte chem Korea could buy more they would but would risk privatization which defeats the main purpose of going for listing in the first place. They could do that and buy back cheap but they are not doing it coz they got other bigger plans. That's my take
secretinvestor8888 , what do you mean by double goodbye to lctitan ? you means price is going to drop further ? pl explain eg is your smart guess ? or some data or information pl share
Hahaha secretinvestors8888 you have wrongly lumped lctitan alongside AIRASIA FGV SUPERMX Etc they are obviously a different breed seriously if you want to 888 huat3 it is still not late to buy at this level
Hahaha. Secretinvestor8888. Don't throw your temper here. I have to admit yesterday I sold then today I bought back at RM1.94. lol. Queue 600,000 but only managed to get 420,000
I am ok with that. That's the little risk I am taking here. But compared to the price I sold off earlier, this is a good bargain. I believe most investor here will agree with me.
secretinvestor8888 since you didnt give any explaination i just take it that its your guess work only than its ok . anybody can guess what you feel can happen .
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....
jackson88
412 posts
Posted by jackson88 > 2020-06-12 11:24 | Report Abuse
Thanks. I also manage to buy 2,000 E&O at 41.5sen. Expecting them to announce dividend with their Qtr report end of this month. Usually, it’s 3sen for last 10yrs.