if not mistaken before the last qr out lc titan went up to RM 2.40 from RM 1.7+? after qr out it drop to RM 1.78.hope this round history wont repeat as many new investors bought at higher price.maybe confident lots of sifu promote this counter will fly high.hope lc titan will bounce back everyone can earn money .
To be fair to Choivo his thesis on Lctitan is still intact and valid the only fault on him is he is too impatient and can’t resist looking at Lctitan price movement daily and tempted to take profit when the price go up too fast and too soon.
For me I have no problem to wait for Q3 result and only decide what to do then.
Sslee is correct. I agree with you, I also feel Lotte earnings is still in tact, it is just market sentiment, bila orang jual all jual together, so when down, keeps going down. To the brothers that believe this stock fly to RM8 overnight, lu first day main stock ah? so senang percaya orang cakap, even if pergi RM8 also berbulan bulan or tahun or whatever tak tau la. Even Supermax fly also not that fast. Tak payah main blame blame semua, next time when any sifu say RM10, you give discount RM5 cukup. I believe Lotte can still go to RM3-RM4 short term provided Q3 is in tact. I got it RM1.93 sold RM2.66 because i feel market very weak and no stock can climb continuously, that's all, i saw my opportunity and took my profit. You think OTB or Hng33 or any superstar in this forum tunggu Jon shout sell baru they sell? Come on la.
If I remember correctly, Q2 2020 was profit making due to reversal of inventory writedown, else it will still be loss making when the raw material prices are supposed to be at rockbottom..
Don’t say investing isn’t gambling. Because it is. If you believe in LCTITAN, just hold. Because investing is exactly gambling unless you work at the company
Thankfully Only kept small lots or else get burnt. I already predicted that this round is another goreng by Facebook and i3 sifus including Choivo Capital. Don’t ever think you’re smarter than IBs. Only IBs push up the price.
‘Undervalued’??? Nope, IBs bought in WAYYY earlier than you. There is nothing undervalued in the market for now. There’s a lot of young, smart, intelligent IB analysts with Math/Finance/Computer science degrees from the world’s best universities who have done the math and made predictions and bought the so-called ‘undervalued’ companies earlier than 99.99% of the market
There is no undervalued companies. Warren Buffett was also a fund manager. He had a lot of young analysts working for him at the same time. If you’re another retail investor, good luck ‘value’ investing. You’re no different from the average dumb investor and would be better off playing at the casino and throwing darts at a board picking stocks. Also, note this Warren Buffett bought during the bottom of the rapid economic progression in the US. Right now we are at the peak of the bull market. So what do you think now?
@wallstreetrookie you are spot on. thats why i always believe that there are people smarter than me in the market, those that make real money consistently. I seriously dont think any funds bought in this round, its mostly retailers.
Actually butadiene prices dont matter at all. I asked the real people in the plastic industry how high prices and demand will benefit LCT previously when we found out that that this was a raw material in the glove industry. Butadiene doesnt even contribute 2% to sales. I guess most people dont know that.
A lot of data you see is just cut and paste, recycled from annual report and selective analysis ( giving you data skewed to the desired conclusion ) without actually knowing anything about their real business and how it works.
And you cant actually compare LCT to PCHEM performance. PCHEM is upstream and does a lot of other chemicals including fertilizers, etc whereas LCT is downstream polymer and monomers. I recall earlier there was someone who kept saying PCHEM is so much better than LCT before the Q2 results.
Anyway, LCT is still a good company but they are no new funds buying now. Need stronger catalyst for that to happen
if it is a good counter , it 100% will rebound once drops till value emerges , why worry:) i m confident it will not drop below 2.00 i m more confident it will not drop below 1.80 :) i will be more n more confident if the price reaches 1.50 unless the factory explodes or destroyed by fire :) just kindergarten way of thinking n investment will make u a success!
whitebunny Raw materials price low but still loss making operations in Q2... Can anyone explain why?
parts of their factory going through maintenance and affected during the MCO period , workforce reduction, if memory still serve me well, may or june onwards full capacity is running in their operation.
Tengok pun tau kuat manipulation. Think for yourself lah in the first week of Oct many insider would have known it registered v good result therefore price has surged to 2.60 to 2.70 now some are trying to depress the price so that can pump again later those got it at v low price maybe the same beneficiaries same buyer same seller mah
Haha i3lurker,. You are right to say.” then again => sslee "the Engineer" loves Fixed Deposit 1.5% pa companies, why? => sslee does not know how to make Fixed Deposits with banks, action plan => sslee he buys shares and the company makes FD Deposits for him...........” My wife is the one doing the FD for me.
You are also right to imply investment is not like “using pre kindergarden mathematics, means counting with magnum ice creams as modified by relevant fourier transform and matrix operation” Otherwise my investment thesis on Insas base on facts that buying 1 insas is indirectly owning 0.84 inari and everything else inside Insas should have brought me good return (Now I can only hope every year 2cents dividend still better than FD)
But you are wrong to imply I already sold my Lctitan: 5284 LCTITAN 145,000 1.8849 2.2900 273,310.50 332,050.00 58,739.50 21.49
A man is only as good as his word.
By the way surprised Mr. Philip actually subscribe 160,000 MRDIY IPO wink wink.
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....
MohdHafiz
25 posts
Posted by MohdHafiz > 2020-10-22 18:41 | Report Abuse
AIYA CHOIVA TIPU org la. penipu besar. Mana target price 8. target price 8 and 2.50 is dynamic? u ok tak? ahahahah.. mak tak ajar mathematics ni.