LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.775

Today's Change

-0.005 (0.64%)

Day's Change

0.77 - 0.78

Trading Volume

969,100


17 people like this.

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

Posted by sohaimalaysian > 2020-10-28 14:58 |

Post removed.Why?

Posted by wallstreetrookie > 2020-10-28 15:00 | Report Abuse

The QR is seriously not that bad. But no point repeating anyways. Because I would sell before earnings. Dumbass company releasing QR during lunch hours. Motherf*cker

Posted by wallstreetrookie > 2020-10-28 15:00 | Report Abuse

Didn’t pay attention to QR today. Die lor

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-28 15:01 | Report Abuse

Wonder why panic selling? simply these people have expected supernormal profit within a short periof of 3 months because of what other said in this forum. At this price, not expensive actually, can keep and hold for another 1 or 2 quarters.

Posted by lovelytime > 2020-10-28 15:01 | Report Abuse

Malaysia's Lotte Chemical Titan 3Q Net Profit Plunges 13.7% On Forex Loss



By Kuala Lumpur Newsroom
NewsRise

KUALA LUMPUR (Oct 28) -- Lotte Chemical Titan Holding, the Malaysian unit of South Korean petrochemical giant Lotte Chemical Corp, said Wednesday its net profit slipped 13.7% in the third quarter due to foreign exchange losses.

Net profit for the three months ended Sep. 30 was 78.77 million ringgit ($18.92 million) compared to 91.30 million ringgit over the same period last year, Lotte Chemical Titan said. Quarterly revenue fell 10.4% on year to 1.94 billion ringgit from 2.17 billion ringgit.

The company recorded foreign exchange loss of 44.60 million ringgit as compared to a gain of 11.63 million ringgit in the year-ago quarter.

“Our long-term strategy to ride through these challenging periods will include optimizing plant operations to increase our production output, improving our business competitiveness in light of industry competition,” it said.

nanashar

152 posts

Posted by nanashar > 2020-10-28 15:02 | Report Abuse

still can go up ? die lor

Posted by wallstreetrookie > 2020-10-28 15:02 | Report Abuse

No I’m not panic selling. But thinking about being trapped for another 3 month is really sad and frustrating.

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-10-28 15:02 | Report Abuse

@wallstreetrookie

How much you lost? Mind sharing? Thanks.

Posted by investor223 > 2020-10-28 15:02 | Report Abuse

I think Choivo are too smart to be trapped. They bought below RM2.
The ones trapped r those who do not know how to take profit......Buying
is easy. Knowing when to sell is tough

Posted by wallstreetrookie > 2020-10-28 15:04 | Report Abuse

I’m in no mood to disclose my losses sorry. But I’m very sad. I honestly thought QR is on Friday

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-28 15:04 | Report Abuse

cut loss in this case is stupid :):)

jackson88

412 posts

Posted by jackson88 > 2020-10-28 15:04 | Report Abuse

Cut loss while u still can.

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-28 15:05 | Report Abuse

be stupid if u can:(:(

soros228

2,039 posts

Posted by soros228 > 2020-10-28 15:05 | Report Abuse

lukily out this morning

Posted by sohgaolan > 2020-10-28 15:05 | Report Abuse

New holland stock

Posted by singchai5375 > 2020-10-28 15:06 | Report Abuse

Lucky run before lunch!

chshzhd

1,908 posts

Posted by chshzhd > 2020-10-28 15:06 | Report Abuse

only your brain could save u in share market ..

dompeilee

11,890 posts

Posted by dompeilee > 2020-10-28 15:07 | Report Abuse

Got chance 4 LC(low class)Titan to increase their free float by selling down Lotte's shares.

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-10-28 15:07 | Report Abuse

@wallstreetrookie

What was your plan? To sell before they announce the qr on friday?

jackson88

412 posts

Posted by jackson88 > 2020-10-28 15:07 | Report Abuse

History has shown that LC Titan share price will drop below RM2 (around RM1.80) after disappointing quarter report. See what happen in last Qtr

i3lurker

14,388 posts

Posted by i3lurker > 2020-10-28 15:07 | Report Abuse

Korea not necessary to import product from Malaysia.

Once they dun import then of course LC Titan Revenue may drop
if there is no replacement demand from elsewhere.
=> means less profit or losses for LCTitan

why incur shipping costs to import product from Malaysia?
when domestic factory can produce same product?
its plain business logic

Posted by DannyArcher > Oct 28, 2020 2:49 PM | Report Abuse

Hi lurker, Lctitian is also korean, this means they will shift majority of their operation and profit back to korean lottee?
28/10/2020 2:55 PM

jackson88

412 posts

Posted by jackson88 > 2020-10-28 15:08 | Report Abuse

Last Qtr, it drop 10% after bad Qtr result. Then within 1 more week, it drop another 15%. Just careful everyone. Don’t get burn by this Korean counter

Posted by Equityengineer > 2020-10-28 15:10 | Report Abuse

Nonesense result

whitebunny

154 posts

Posted by whitebunny > 2020-10-28 15:11 | Report Abuse

jackson88 yes correct, continuously drop after Qtr result. I kena also that's why fed up and sold all my holdings at loss. My cost that time was 1.60-1.70+.

BabyAce

1,833 posts

Posted by BabyAce > 2020-10-28 15:11 | Report Abuse

Last quarter result come out it also went down like today. Lesson learnt from the last time this time many of us locked profits and cabut first.

soros228

2,039 posts

Posted by soros228 > 2020-10-28 15:12 | Report Abuse

run ah hahaha
pump and dump

mayzam

268 posts

Posted by mayzam > 2020-10-28 15:15 | Report Abuse

1.80

Posted by weihan0914 > 2020-10-28 15:16 | Report Abuse

wow -10%+....

icecool

5,026 posts

Posted by icecool > 2020-10-28 15:17 | Report Abuse

wah cliff drop

ryan123

5 posts

Posted by ryan123 > 2020-10-28 15:18 | Report Abuse

drop like no tmr ccb

Fong YM

579 posts

Posted by Fong YM > 2020-10-28 15:18 | Report Abuse

come on, 3 mil sapu
4pm another 3 mil sapu again.

Result so good why dumping.

ryan123

5 posts

Posted by ryan123 > 2020-10-28 15:19 | Report Abuse

how u knw 3mil sapu

soros228

2,039 posts

Posted by soros228 > 2020-10-28 15:21 | Report Abuse

impossible to go up la
pls catch falling knife

mf

29,148 posts

Posted by mf > 2020-10-28 15:21 | Report Abuse

Dow futures fall more than 200 points as Wall Street grapples

i3lurker

14,388 posts

Posted by i3lurker > 2020-10-28 15:24 | Report Abuse

the secondary drop was due to people buying hoping for technical rebound
technical rebound wun happen coz Korean Cracker restart operations hanging like sword over the head

like today many bought due to 10% drop
next week no more interest in buying
next week players again short it down another 10% drop

jackson88 Last Qtr, it drop 10% after bad Qtr result. Then within 1 more week, it drop another 15%. Just careful everyone. Don’t get burn by this Korean counter
28/10/2020 3:08 PM

wehcant

1,259 posts

Posted by wehcant > 2020-10-28 15:27 | Report Abuse

Still got very strong buying interest.

i3lurker

14,388 posts

Posted by i3lurker > 2020-10-28 15:29 | Report Abuse

its short selling
and please
no more stupid comments about short selling not allowed

Posted by wehcant > Oct 28, 2020 3:27 PM | Report Abuse

Still got very strong buying interest.

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-28 15:32 | Report Abuse

Blood bath....falling mercilessly.

momo33

149 posts

Posted by momo33 > 2020-10-28 15:32 | Report Abuse

it went up like 30 % on expectation of strong profits .
today release profits is weak .
the smart will dump this slowly .

speakup

27,014 posts

Posted by speakup > 2020-10-28 15:34 | Report Abuse

many uncles aunties pakcik makcik all panic sell. some cut win, some cut loss
after this no more uncles aunties pakcik makcik invest in lctitan anymore

joeshare

538 posts

Posted by joeshare > 2020-10-28 15:35 | Report Abuse

habis la if u buy at high

speakup

27,014 posts

Posted by speakup > 2020-10-28 15:35 | Report Abuse

the lucky ones cut win
the not so lucky ones cut loss

Sslee

6,810 posts

Posted by Sslee > 2020-10-28 15:35 | Report Abuse

haha i3lurker,
Sold all my lctitan at 2.13-2.14 still profited 30K+. Thanks Choivo.
Now tell me what to buy?

Posted by wallstreetrookie > 2020-10-28 15:35 | Report Abuse

I’m never going to recover from this investment. 80% of my portfolio. Going to jump into the sea and commit suicide tomorrow.

Sslee

6,810 posts

Posted by Sslee > 2020-10-28 15:37 | Report Abuse

I think next quarter will still be profitable. It is not the end of world.

stockraider

31,556 posts

Posted by stockraider > 2020-10-28 15:37 | Report Abuse

Don act like sohai taking small profit loh...!!

Lctitan can do better mah...!!


posted by Sslee > Oct 28, 2020 3:35 PM | Report Abuse

haha i3lurker,
Sold all my lctitan at 2.13-2.14 still profited 30K+. Thanks Choivo.
Now tell me what to buy?

wehcant

1,259 posts

Posted by wehcant > 2020-10-28 15:38 | Report Abuse

I bought mine at 1.8. Still can hold and see.

stockraider

31,556 posts

Posted by stockraider > 2020-10-28 15:41 | Report Abuse

why sell netx leh ??

When everyone lose monies including the insiders, after a big RI u feel very comfortable & safe mah...!!

Posted by deMusangking > Oct 28, 2020 3:38 PM | Report Abuse

stockraider, u sold alredi Netx?!

wehcant

1,259 posts

Posted by wehcant > 2020-10-28 15:42 | Report Abuse

The PE is really under supply in many parts of the world. Polypropylene is one of the raw materials used to make disposable syringe for vaccines. Hope their coming QRs wil be much better.

Posted by SelfMadeMillionaire > 2020-10-28 15:42 | Report Abuse

This is a prelude to glove counters when vaccine is available.

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