Lct is a growth co, need to keep cash for expansion. Maybank more like a stable blue chip co with little expansion. The good part is that you can enjoy high dividend yield like keeping cash as FD.
THIS IS A CYCLICAL STOCK...NOT A GROWTH STOCK LAH!
Posted by Nepo > Apr 17, 2021 10:53 AM | Report Abuse
Lct is a growth co, need to keep cash for expansion. Maybank more like a stable blue chip co with little expansion. The good part is that you can enjoy high dividend yield like keeping cash as FD.
its exdate for dividend is set on 30 Apr which is probably the same date for next qtr reporting. Looks like Lctitan is going to report an excellent result soon for this coming qtr. Today's share price is looking up though...
@onionchong.. qr4 lesser revenue than qr3 but profit jumped from 98m in qr3 to 202m in qr 4... If qr1 maintain momentum, no reason why price plunge. Just saying. Have to wait and see.
Forecasts are great but don't keep hopes up beyond reason.. Possibly LCT firing on all 4 cylinders to meet demand... Still not certain especially with this counter... Anything can happen leh... lol.
all bearish elements are already factored in, need a little of patience and holding power, as global economy is recovering from covid pandemic, and supplychain is rebuilding.
Better than previous qtr is setting the momentum. But how much better is the question & will it sustain? I think it favours LCT on both counts, looking at the global data.
I believe BIMB has released a revised target price report on LCT recently. They revised upward the TP to RM 3.70 based on the improved outlook for petrochemical sector in 2021 which would benefit LCT's business. https://www.sinchew.com.my/content/content_2463556.html
Yep it is coming. Industrials and chemicals do well in pre-recession and inflation era. However, this company is Lotte Chemical Titan (Malaysia) which is the worst performing industrial stock on Bursa. I wonder what narrative these syndicates/media will spin this time during QR. They're going to find a thousand reasons to explain why they think Lctitan miss earnings and collect cheap. happens every single time
Expecting good ride for LCT this round ahead. If LCT really can achieve 400 mil profit, it will be more than double its full year 2020 PAT, in only one qtr. It may even be highest PAT record ever for LCT since listing also.
BIMB research has recently upgraded LCT target price to RM 3.70 based on improved outlook for petrochemical business in 2021. This is going to benefit LCT a lot. Let's wait for its results and see.
another 3 more trading days to go (this coming Thursday 29Apr being a holiday for Bursa) and before the release of its qtr results soon, looks like Rm3 is a reality...
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....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-04-17 08:49 |
Post removed.Why?