Posted by Nepo > 2021-01-27 15:25 | Report Abuse

Because people afraid. Last recent QR, once announced share price dropped (Year 2020， 3QR) but those QR result not good. This QR show noticeable turnaround..

Posted by facts123 > 2021-01-27 15:28 | Report Abuse

anyway with Market cap of 5.8bil, net cash of 4.2bil, and cash generating ability of above 1.1bil every year, there is very limited downside.

Posted by chshzhd > 2021-01-27 15:34 | Report Abuse

after not-so-good QR3 the share price rebound from around 2.00 to 3.00

Posted by thundery > 2021-01-27 16:23 | Report Abuse

GG, bye bye LCTITAN

Posted by speakup > 2021-01-27 16:34 | Report Abuse

kasi limit down!
limit down!

Posted by mayzam > 2021-01-27 16:35 | Report Abuse

what happen

Posted by speakup > 2021-01-27 16:35 | Report Abuse

the 4.2bil cash belongs to Lotte Korea not LCtitan
this is trick just like Xingquan Sports, MSports last time. the cash is not theirs but only put there to shore up the balance sheet

Posted by speakup > 2021-01-27 16:38 | Report Abuse

local & foreign funds selling Lctitan

Posted by Nepo > 2021-01-27 16:42 | Report Abuse

Calm down. Add on
You need to have a bold heart in stock market.

Posted by titan3322 > 2021-01-27 16:47 | Report Abuse

If they can generate an EPS of 6.5 sen a quarter annualised it you get 26 sen a year assigning a PE of 10 the stock is worth at least 2.60 so dont panic lah I have just added at 2 41 hehe

Posted by speakup > 2021-01-27 16:51 | Report Abuse

was only rm1 during MCO1.0
now MCO2.0, at rm2.42 already way overvalued

Posted by mayzam > 2021-01-27 16:58 | Report Abuse

ok waiting at 2.20

Posted by wallstreetrookie > 2021-01-27 17:13 | Report Abuse

Lol move money to Lotte Chemical Korea. I feel like this management never cares about shareholders. Releasing QR reports midday is so shady and before holiday. Last time they also did the same thing. Released QR report when no one expects it. Cunning

Posted by Kon Lim Chai > 2021-01-27 18:20 | Report Abuse

Eps fye 2020 about 6.5 sen. Dividend may be 3 sen. What do u think?

Posted by SuperPanda > 2021-01-27 19:13 | Report Abuse

bursa style, must sell b4 qr like gloves.. but good also, friday can buy cheaper

Posted by Nepo > 2021-01-27 19:35 | Report Abuse

https://www.theedgemarkets.com/article/lotte-chemical-titans-4q-net-profit-nearly-doubles-higher-selling-prices

Posted by Nepo > 2021-01-27 19:36 | Report Abuse

Yes Friday can also buy some

Posted by Jokers2020 > 2021-01-27 19:47 | Report Abuse

sell in news as usual bursa...

Posted by aliyusof > 2021-01-27 20:01 | Report Abuse

Same pattern for last three QR results, before results pushed price up to about RM3, after result out, sell and sell to push price down to 1.80 to 2.10. Do not know why, learnt past mistake, sell when price around 2.70 to 2.90 before QR out. Past CEO Dr Lee always mentionef cash 4b in account, etc etc. this new CEO talk same thing. No care, take profit first before QR. IMO only.

Posted by Primeinvestor > 2021-01-27 21:50 | Report Abuse

where is chiovo? con job

Posted by onionchong > 2021-01-27 21:53 | Report Abuse

I dont think this round will drop below RM2. Lets pray it climb above RM3 before next qtr

Posted by Hoho22 > 2021-01-27 23:18 | Report Abuse

Sell on news!

Posted by chshzhd > 2021-01-27 23:52 | Report Abuse

buy

Posted by TripleH > 2021-01-28 09:16 | Report Abuse

wait u at rm2 heehehehhehe

Posted by Young Money > 2021-01-28 15:21 | Report Abuse

Choivo cover LCtitan when it was RM1.80, no right or wrong.
In fact LCtitan can do very well because the PP HDPE spread very high in 4th quarter 2020.
We can see form Lctitan operation profit, that a huge improvement but coming quarter profit will be lower due to naphtha price increase. Don't expect too much for coming quarter yaa.
Hold, patient is GOLD.

Primeinvestor where is chiovo? con job

Posted by Nepo > 2021-01-28 16:34 | Report Abuse

I bet tomorrow will close green..anyone back me up?

Those who want to sell already sold and left some who want to sell but did n't do so yesterday..

Posted by Bgt 9963 > 2021-01-28 16:52 | Report Abuse

Tomorrow...RED...!

Posted by onionchong > 2021-01-28 20:03 | Report Abuse

Might follow market to be RED tomorrow.
But for sure will rebound next week

Posted by titan3322 > 2021-01-28 20:52 | Report Abuse

As said earlier earnings of 6.5 sen a qtr is not that bad if they can maintain this level of profitability in the future it will make 26 sen per annum and you can expect a dividend of 13 sen. For a stock that cost below 2.50 with a yield of above 5% I beleve there are not many in the bursa so I will hold

Posted by Nepo > 2021-01-28 22:51 | Report Abuse

Hopefully tomorrow retailers can cooperate and buy in Lct shares like US stock- GameStop incorp and teach the institutional sellers a memorial lesson..

Posted by sten_still > 2021-01-29 09:54 | Report Abuse

pls let me buy low

Posted by ecurbkew > 2021-01-29 15:42 | Report Abuse

How low it can be ? I am waiting. Discount more please . But I think it will not go up soon. Better don't buy contra.. the banker still sell lots

Posted by Nepo > 2021-01-29 15:56 | Report Abuse

It builds up very strong foundation today.
Top up some @ 2.39..rare opportunity for you..

Posted by facts123 > 2021-01-29 16:00 | Report Abuse

results may not have met expectations, but you can't deny the petrochemical upcycle is here.
the profit margin from operations is back to 2018 levels and at only 80% operating rate, there is room to improve next qr. Impossible to drop below RM2 anymore in this environment.

Posted by Nepo > 2021-01-29 16:01 | Report Abuse

yeah, buy cash no contra..
buy cash allow you to withstand any bad weather in case another dip..
It has dipped down from RM 2.9x to RM 2.3x..enough is enough..

Posted by ecurbkew > 2021-01-29 19:32 | Report Abuse

Tp how much to buy... ? Haha closed at 2.37, further down please. ... Wait you next week to collect cheapest ticket.

Posted by ecurbkew > 2021-01-29 19:34 | Report Abuse

I think someone is pursuing to enter at 2.39 so he can sell better.

Posted by michaelwong > 2021-01-30 02:22 | Report Abuse

Funny qr results not too bad but share price drop like shits. Infact qoq double up mah . This stock as usually the case when it goes down to a certain low level it may rebound continuously

Posted by kens88 > 2021-02-02 12:16 | Report Abuse

Sell on news maybe

Posted by goody99 > 2021-02-02 12:47 | Report Abuse

Looks like this is the latest view from CIMB:
https://klse.i3investor.com/blogs/nanyang_stock_expert/2021-01-29-story-h1540218594.jsp

Posted by chshzhd > 2021-02-03 10:38 | Report Abuse

rebound time:)

Posted by titan3322 > 2021-02-03 11:20 | Report Abuse

Kuat manipulation can see clearly sellers and buyers move together

Posted by sten_still > 2021-02-03 15:19 | Report Abuse

This week can pecah rm3 ?

Posted by Nepo > 2021-02-04 10:33 | Report Abuse

As at 27 Jan 2021, public spreading is around 23.90 %. Bursa Malaysia allows extension up to July 2021. After few days ago heavy sold down, probably now the public spreading is below 22%

If you are the management of the company what should you do .? The simplest action is to use proxies names and buy in to meet the requirements..

Further selldown will only encourage more retailers to sell..

.

Posted by titan3322 > 2021-02-04 12:27 | Report Abuse

One of the ways to increase public spread is to increase the quantum of dividend payment such as distributing 100% of its earnings or dishing out special dividends (bcoz its cash rich) and through its dividend reinvesting scheme some will reinvest their dividend thereby indirectly public spread is increased. I reallly hope the management will condider this seriously

Posted by Nepo > 2021-02-04 12:51 | Report Abuse

Use dividend to increase public spread.. can't stop retail investors to take profit when share price is up..

..my opinion is sb perhaps the mgt of the co needs to stabilize the share price of the co is primarily impt to enable the retailers to keep the shares...not like now share price tumbles tremendous when QR announced..

Posted by haha135 > 2021-02-04 19:53 | Report Abuse

Expected get 2sen per share this year . if follow previous year dividend policy 33%.

Posted by titan3322 > 2021-02-05 09:39 | Report Abuse

Actually it is 50% when they made 14 sen last year they gave 7 sen

Posted by quanentdino > 2021-02-05 13:24 | Report Abuse

When is the next dividend payout?

Posted by billionchew > 2021-02-05 14:03 | Report Abuse

dividend pay out policy is 50% of EPS