Shareholders, dun forget to convert yr cash dividend into new LCT shares. The notice will be issued from 5 May onwards. Based on current mkt price, there is already abt 25% upside in value.
I would expect this round shouldn't be like the previous quarterly results. Previous 8 quarters in 2019/20 had been ranging between 50-100+ mil. Let's see for tomorrow.
Maybe Friday results out. Highest profit margin was qr4 2018 at 17.9% of 2B revenue giving 378M PAT. All these sudden projection a bit far fetched. Hmmmm.
The qtr where LCT made 378M PAT back in 2017/18 is during the best ever time and the peak for the petrochemical industry previous upcycle. The IPO price was during the peak of the industry cycle with very high product prices.
Am not sure if they can repeat that level of profitability this time. If they really do, who knows what valuation level LCT can fetch.
it had occurred a few rounds already...each time whenever a qtr result is abt to be made, the operator wud push it higher first b4 dumping it after the ann. Perhaps this time arnd, they adopt a different tactics...that is to dump to clear off the contra players, collect their tkts b4 pushing upwards after the ann is being made...just maybe
It does not make sense, yesterday support very strong at 2.85 till 2.90. Today allow it fall like water fall. I agree with Live to win statement. Wait and see.....
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....
Nepo
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Posted by Nepo > 2021-04-27 06:06 | Report Abuse
I believe this time after QR out, share price will up, not like past few times, after QR out share price tumble...