It can be sure LCT this year 2021 can be YoY 2020. (economy stable) Price reflect Qr profit is depand real invester keen to suppot grow. This is the LCT concern.
hold or sell ?? my answer is hold ,,,,,,,,,,,,, why ? according to major product market condition ( cn price) product jan2021 feb 2021 march 2021 april 2021 may 2021 LDPE 7600-7900 7900-8500 8500-9000 8200-8500 PP 7900-8200 8200-9000 8700-9300 8300-8700 next QR still good wait two more month . ok
CIMB just revised the TP to 3.95. But this valuation does not include the cash set aside for the Indonesia petrochemical project which will add another 1.57 per share.
The spread for April and May has even widened vis-a-vis Q1 21. Though management has guided slightly lower Q2 profit err on conservatism due to lower sales volume.
If maintain as per current quarter. 1bil profit for the year is within reach?
Tomorrow LOTTE will continue its price uptrend.Supported strongly by the stock price charts,SMA10,SMA200,MACD and RSI. The momentum for the surge is still intact barring any adverse global development.Good luck.To know more open the link appended here - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5284&mode=1D
@ Fabien 2 qtrs ardy 800 mil if next qtr would also be around 400 mil so full year should exceed 1 billion but I don't rule out some manupulation going forwad as is always the case my TP is 4.50 within 9 months
1B profit this year is certain... qr2 would also show record earnings... qr3 and 4 will taper down since US plants back in action. Those planning to hold for longer term should not worry. Cheers 29/04/2021 8:39 PM
Those who sell cheap on Wednesday, how are you feeling right now? No worries you can still buy back and join the party, I am not selling below RM4. Not a sell/buy call.
Stronkstock Those who sell cheap on Wednesday, how are you feeling right now? No worries you can still buy back and join the party, I am not selling below RM4. Not a sell/buy call. 30/04/2021 9:49 AM
I said earlier, with LCTitan situation is similar to MSM , huge profitability turn around. Back red to black. Same quarter in previous year LCTitan made staggering 170mil losses.
in 2017 LCTitan share price then was RM6.40 when it made RM300mil in profit
With 4.7bil cash in hand, NTA 5.19
if we take conservative figure 1.6bil as PAT for the year of 2021 the EPS is gonna be explosive
LCTitan should be worth RM7
remember MSM? from 0.45 to 2.09RM in 2 weeks after release amazing quarter profit
this is a fundamental play, LCTitan has zero debt, 4.7bil cash in hand, NTA 5.19 higher than its market capitalization.
next quarter will be another 400mil min. 16bil PAT for 2021. Bull run for LCTitan has just begun
today uptrend is more healthy as not many chase during the opening not like last friday 2.30pm opening. You can get RM 3.04-3.05 at 9am -9.30am this morning, that is better for retail investors. In short term, the stock is a value buy at RM 3.04-3.10 just don't know how many quarters this kind of profit can last...
If you want for long term, Pchemical is better and can sleep well in next 1-2 year for steady uptrend due to its new plant doing specialty chemicals with better margin become operational middle this year
@ValueInvestor888 If you want for long term, Pchemical is better and can sleep well in next 1-2 year for steady uptrend due to its new plant doing specialty chemicals with better margin become operational middle this year 30/04/2021 11:14 AM
why keep so desperate to promote pchemical here? because EPF dumping Pchemical everyday?
28-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 864,500 shares on 23-Apr-2021. 27-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 355,200 shares on 22-Apr-2021. 26-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 550,800 shares on 21-Apr-2021. 23-Apr-2021 Blog Mplus Market Pulse - 23 Apr 2021 23-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 932,400 shares on 20-Apr-2021.
I bought this stock some months back, but regrettably didn't buy more! Present price I feel is still a bargain because IPO price was RM6.50 And net cash per share is a whopping RM2.03. Its RM1/2b PBT turn out beyond my imagination.
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....
MoneyHeist
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Posted by MoneyHeist > 2021-04-29 10:27 | Report Abuse
Good to keep JohnFarmer?