LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.78

Today's Change

0.00 (0.00%)

Day's Change

0.77 - 0.78

Trading Volume

1,036,200


17 people like this.

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

chkhooju

1,706 posts

Posted by chkhooju > 2020-10-10 13:19 | Report Abuse

Just keep your fingers crossed.

probability

14,496 posts

Posted by probability > 2020-10-10 13:52 | Report Abuse

If coming qtr results hit 300m....need to upgrade Jon to junior sifu already....

it will be his first pick which truly delivers

its a big crucial test for Jon now

Sunny77

7 posts

Posted by Sunny77 > 2020-10-10 14:57 | Report Abuse

Good discussion-and input by all the sifu here. Very informative. Will average up. Thank you

soros228

2,039 posts

Posted by soros228 > 2020-10-10 21:45 | Report Abuse

wallstreet sifu, im newbies only. dont quote me , still learning from all the sifu

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-10-11 08:06 | Report Abuse

wow hurricane Delta is really tearing up the US and its refinery.

stockraider

31,556 posts

Posted by stockraider > 2020-10-11 12:12 | Report Abuse

YES VERY IMPORTANT RAIDER PLACE VERY HEAVY BETS ON CHOIVO FINDINGS EVEN BIGGER THAN MY NETX PLAY LOH...!! Raider has full confidence on him loh!

LCTITAN NEED & WILL PERFORM VERY WELL LOH...!!


THE NEXT BET IS Netx mah....!!

GO..!! GO ..!! GO...!!

REMEMBER AT NETX WE ARE IN THE FINAL LAP OF BIG PROFIT MAKING OPPORTUNITY LOH...!!
DO NOT LET SOHAI NAYSAYERS TALK U OUT THIS WONDERFUL OPPORTUNITY ON THEIR LAST DITCH FINAL ATTEMPT LOH..!!

JUST GO WITH THE PLAN SUBSCRIBE FOR THE RIGHTS & EXCESS RIGHTS NO MATTER WHAT HAPPEN LOH..!

Thats how u can make all the money by buying the excess rights loh..!!

Lets count the potential profit raider strategy that suggest u to buy netx loh...!!

1.U buy 1m of netx OR at 0.5m costing u rm 5k

2.U apply for another 1.5m netx excess rights

Your additional outlay are as follows

a) 1m x 0.13 sen
b} 1.5m x 0.13 sen

U get 2.5m share costing rm 325k & u will get 2.5m netx & 1.25m warrant.

Your potential profit are as follows:

Mkt value 16 sen x 2.5m netx share = Rm 400k
Mkt value Netx warrant 4 sen x 1.25m = Rm 50k
Thus overall value Rm 450k

Your cost Rm325k plus Rm 5k = Rm 330k.

Thus your profit conservatively is Rm120k a return on investment of 36% over 2mths or a return on investment of 144% pa.

Thats how u get very rich on netx loh...!!

The above strategy is scalable, if u want to make more on low risk u can raise your excess share application on netx to 3m, 6m, 9m or even 12m within your affordability mah...!!

Your profits will be in proportion to the excess share application u make
on netx loh...!!

Posted by probability > Oct 10, 2020 1:52 PM | Report Abuse

If coming qtr results hit 300m....need to upgrade Jon to junior sifu already....

it will be his first pick which truly delivers

its a big crucial test for Jon now

goody99

1,814 posts

Posted by goody99 > 2020-10-11 23:51 | Report Abuse

I am copying these info from the last few pages.

I am bothered by the following sentence "we suspect LCT did not quite enjoy the full benefits of the headline PE/PPnaphtha spread expansion." (from CIMB July report)

Although second half 2020 is expected to be stronger for Lotte Chemical Titan, KAF still envisages the upside of the spreads to be limited as “the expected incremental supply of PE in 2021 is likely to still outpace incremental demand on a global basis”.

Additionally, the affected US plants should restart operations by end of 2020, bringing petrochemical dynamics back to normal.

Therefore I have lowered my expectation.

hng33

20,491 posts

Posted by hng33 > 2020-10-12 08:58 | Report Abuse

strong demand for resin from the automotive, footwear and household sectors that have caused the ethylene feedstock price to stay high. We expect resin prices to stay firm until December

hng33

20,491 posts

Posted by hng33 > 2020-10-12 09:19 | Report Abuse

Resin price is now about US$1,000 per tonne, compared with about US$800 per tonne three months ago.

“This increase has spurred panic buying of resin-based products. We expect the sales of our flexible packaging materials to improve by 5% to 10% this fourth quarter, compared to the second and third quarters.

“From March to July, resin prices hovered between US$680 per tonne and US$800 per tonne. Resin prices have risen because of the hurricane season in the US that has halted the production and export of oil

hng33

20,491 posts

Posted by hng33 > 2020-10-12 09:32 | Report Abuse

Resin sale volume hike + resin price hike = Lctitan profit hike

Posted by Choivo Capital > 2020-10-12 10:51 | Report Abuse

goody99,

LCTITAN keeps about 1 month worth of Naptha in their books, which means in Q2, they had bought naptha at higher price from late feb to march, and are still in the books, which needed to be sold at a lower price during the dip in PP and PE prices in April and May.

There is naturally some stockholding/selling loss there.

From Q3 onwards, LCTITAN got Naptha at the lowest or lower cost, while selling PP and PE at 2019 prices or higher

Posted by Choivo Capital > 2020-10-12 11:04 | Report Abuse

Probability.

Timecom, Opensys, RCECAP leh?

probability

14,496 posts

Posted by probability > 2020-10-12 12:37 | Report Abuse

ok, those are good picks also...but didnt notice as much as lctitan using i3's conventional explosive earnings forecast as most sifus do...with fast reaction time

hope for the best


Posted by Choivo Capital > Oct 12, 2020 11:04 AM | Report Abuse

Probability.

Timecom, Opensys, RCECAP leh?

SkyWave

16 posts

Posted by SkyWave > 2020-10-12 14:20 | Report Abuse

Hold tight to your shares,more room to go before profit taking.

Posted by wallstreetrookie > 2020-10-12 16:47 | Report Abuse

Be careful. Wait for pull back then reload.

Posted by wallstreetrookie > 2020-10-12 16:48 | Report Abuse

Hold tight. The day will come

Posted by wallstreetrookie > 2020-10-12 16:48 | Report Abuse

Still collection phase

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-10-12 17:31 | Report Abuse

Good close, good collection today, can feel it is about to burst sometime this week or next. Hold on tight everyone.

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-12 17:51 | Report Abuse

Price holding on quite well

titan3322

2,710 posts

Posted by titan3322 > 2020-10-13 09:15 | Report Abuse

2.40 by end of this week

Posted by wallstreetrookie > 2020-10-13 09:49 | Report Abuse

Got Facebook sifu call buy liao. Haha wait one more month

Posted by thirdproperty > 2020-10-13 09:59 | Report Abuse

In theedge today, LG Chem (Seoul-based), reported yesterday their 3Q (ending Sep) results at USD785m (vs street avg estimates of USD659m)

“The earnings surprise most likely came from its chemical business, on higher demand for the key materials used to make home appliances,” said Ethan Won, an analyst at HI Investment & Securities Co in Seoul. “Its EV battery business likely continued its operating profit trend into the third quarter.”

Posted by Choivo Capital > 2020-10-13 11:01 | Report Abuse

New CMCO equals no more dine in for restaurants. This means more delivery and tapau's, which will increase plastic usage and maintain PP and PE prices.

Explains why there is a spike to 2.32 this afternoon.

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-13 11:03 | Report Abuse

Rm2.32 now..steadily up....

Ntpboon

664 posts

Posted by Ntpboon > 2020-10-13 11:10 | Report Abuse

---------------------
---------------------------

哈哈哈..................

2020年个个想发天灾财………………

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hng33

20,491 posts

Posted by hng33 > 2020-10-13 11:17 | Report Abuse

awaitng for Q to release very soon

see2sea

2,194 posts

Posted by see2sea > 2020-10-13 11:21 | Report Abuse

when?

hng33

20,491 posts

Posted by hng33 > 2020-10-13 11:32 | Report Abuse

either as soon next week or by end month

see2sea

2,194 posts

Posted by see2sea > 2020-10-13 11:52 | Report Abuse

thanks for the info @hng33

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-13 11:53 | Report Abuse

better QR will be Q4

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-13 11:56 | Report Abuse

..so u can celebrate b4 Christmas :)

SkyWave

16 posts

Posted by SkyWave > 2020-10-13 12:18 | Report Abuse

Looking for profit growth stock and still undervalue?
You found it!
I bought again this morning, dont wait for release of QR to buy.
Goodluck all

lofan73

216 posts

Posted by lofan73 > 2020-10-13 12:26 | Report Abuse

Dato’ Seri Anwar Ibrahim akan mengadakan satu sidang media khas berkenaan satu pengumuman penting pasca sesi mengadap DYMM Seri Paduka Baginda Yang di-Pertuan Agong, pada

Tarikh: 13 Oktober (SELASA, HARI INI)
Waktu: 2 petang
Lokasi: Clarke 1, Level 6, Hotel Le Meridien, Kuala Lumpur

titan3322

2,710 posts

Posted by titan3322 > 2020-10-13 16:12 | Report Abuse

This stock is least affected by the political fluidity in the country I think by tomorrow it will hit 2.40 d no need to wait until end of this week

Posted by wallstreetrookie > 2020-10-13 21:19 | Report Abuse

So disappointing today. Fund flowed to gloves and tech. Zzz

hng33

20,491 posts

Posted by hng33 > 2020-10-14 11:19 | Report Abuse

slowly and steady moving up ahead of Q result

titan3322

2,710 posts

Posted by titan3322 > 2020-10-14 12:11 | Report Abuse

Nah sya tarak bohong punya

lim900510

103 posts

Posted by lim900510 > 2020-10-14 12:23 | Report Abuse

can close 240 today?

hng33

20,491 posts

Posted by hng33 > 2020-10-14 12:25 | Report Abuse

Price level is more important after Q result release. It will be re-rating price

titan3322

2,710 posts

Posted by titan3322 > 2020-10-14 12:26 | Report Abuse

I hope it will drop a little bcoz still want to buy more

soros228

2,039 posts

Posted by soros228 > 2020-10-14 13:16 | Report Abuse

Consistent

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-14 14:11 | Report Abuse

buy..:)

invest icon

1,097 posts

Posted by invest icon > 2020-10-14 15:52 | Report Abuse

RM1.69 net cash. NTA RM5.34. Forward PE 6-7x. Compare to PChem PE of 30x and Forward PE around 21x. Is real fire sale Whether price is 2.4 or 2.2. Don't miss the hidden Gem

ykloh

518 posts

Posted by ykloh > 2020-10-14 16:24 | Report Abuse

Very likely an interim dividend plus a large special dividend to make the DRS a success.

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-10-14 16:26 | Report Abuse

Special dividend is a definitely, hold on tight boys, RM3.5 here we come!

invest icon

1,097 posts

Posted by invest icon > 2020-10-14 16:37 | Report Abuse

@Bigbull99 Special Dividend is definitely? I count on you lor

Posted by Kon Lim Chai > 2020-10-14 19:06 | Report Abuse

Special dividend usually declared at financial year end.

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