Posted by David Ang > 2017-10-13 12:36 | Report Abuse

thanks.....eunsung
great,it's positive news.

Posted by gick891214 > 2017-10-13 13:25 | Report Abuse

thank you for your information. hope it can close higher today :D

Posted by gick891214 > 2017-10-13 13:26 | Report Abuse

@weaverfinder : Important they can make the profit, then the investor will slowly come in like petronm and hengyuan.. Just wait and see, time matter only

Posted by weavefinder > 2017-10-13 14:30 | Report Abuse

Hi Eunsung, thank you, just got the opportunity to review the articles you posted. I reckon the power struggle among the family members to wrest power of LCT is still ongoing? Just for my info, Is Lotte Chilsung still an ongoing concern as an operational entity?
Anyway, if the chemical entity is doing well, that relieves the anxiety.

Posted by weavefinder > 2017-10-13 14:34 | Report Abuse

Gick, to me if they can drive the price back to IPO level in view or in tandem with their Q3 report, that's already a good enough indication.

Posted by enning22 > 2017-10-13 15:18 | Report Abuse

Google Translate of the Korean article
---------------------
Lotte Chemical, which has been investing in facility investment, is expected to see earnings improvement as capacity expansion is completed in 2H11. The photo is the view of Lotte Chemical Yeosu Plant. Photo = Lotte Chemical provided.
[Daily] Strategy of Lotte Chemical [011170], which has been pursuing earnings improvement through aggressive capex, is expected to be effective.

According to the industry on December 12, Lotte Chemical's capacity additions are expected to be boosted as the capacity additions are completed one after another from the second half of this year.

In particular, some investors in the financial investment industry are forecasting that annual sales of 1 trillion won (based on the elimination of self-consumption and current prices) will increase due to facility expansion.
 
Yunseongno Daishin Securities Research Institute, "Lotte Chemical (LC) Titan naphtha cracker (NCC) facility, acrylic butadiene Stevenage (ABS) Acrylonitrile Lotte advanced materials facility, LC Titan polypropylene (PP) plant, Yeosu NCC facilities scheduled for 2018 annual revenue is expected to increase only about 1 trillion won expansion plans, "he said.

First seems naphtha cracker (NCC) facility to build a Malaysian corporation 'LC Titans' Lotte Chemical has he continued to produce ethylene volume of rush in after completing the mechanical completion in the second half of the year running annual approximately 9 10 000 3000t contribute to improved performance .

ABS amenities Lotte advanced materials to produce downstream products is also expected gotta have completed the second half of the year. If the facility has entered the operation, it is expected to have annual sales of about 130 billion won increase as the volume of production per year 6 10 000 5000t.

Following the first half of next year and it is expected that the second half as 200,000 t of scale LC Titan PP plant, ethylene production capacity of 200,000 t plant in Yeosu NCC scale of construction is completed each be noticeable effect of the expansion of Lotte Chemical.

On the other hand, Lotte Chemical is also considering investment in crackers in high-tech chemical-specialized complexes to be built at Taesan Complex in Seosan-si, Chungcheongnam-do.

Last month, Lotte Group Chemical BU of Lotte Group participated in 'Industry, Trade, and Petrochemical Industry Meeting' held at Lotte World Tower Sigil Hotel in Seoul last month. As for investment in specialized complex, I can think about it, "he said." It's a big picture yet. "

Posted by eunsung > 2017-10-13 15:19 | Report Abuse

@weavefinder : Yes there is still many problems in Lotte groups between sibling.
But surely Shin Dong bin will be the CEO for 100% and currently Lotte Chemical in Korea's share price is the highest ever presently. Many finance experts expect that,,, it will go more further.
Only the LC is working properly in Korea.
Lotte Chilsung is untrade status right now, coz company sign to split as other companies. They will divide in a few days.

Posted by weavefinder > 2017-10-13 17:07 | Report Abuse

@eunsung: interesting info. Good of you to provide updates. thanks.

Posted by gick891214 > 2017-10-13 18:11 | Report Abuse

http://www.klsescreener.com/v2/news/view/292925

Posted by enning22 > 2017-10-15 11:01 | Report Abuse

THAAD-hit S. Korean retailers turn to Southeast Asia

SEOUL, Oct. 15 (Yonhap) -- South Korean retailers are accelerating their push to tap deeper into the Southeast Asian market after they suffered a serious setback in China in the face of Beijing's economic retaliation over Seoul's deployment of a U.S. anti-missile system, industry watchers said Sunday.

On Tuesday, Lotte Group, South Korea's fifth-largest conglomerate, opened an online shopping mall in Indonesia together with local conglomerate Salim Group.

The Korean firm said it set up a joint venture to combine Lotte's retail know-how with the local company's distribution channel to grab a chunk of the rapidly growing e-commerce market in the Southeast Asian country.

The announcement follows Lotte's decision to withdraw its discount store business from China.

Lotte was hit the hardest by the neighboring country's retaliatory measures among others, after signing a land-swap deal with the Seoul government last year to host the Terminal High Altitude Area Defense (THAAD) system.

According to Lotte, 87 out of 99, or 87.9 percent, of its hypermarket chain Lotte Mart stores in China have suspended operations as of Wednesday.

Lotte Mart said its sales in China plunged 64.7 percent on-year in the first eight months of this year to 410 billion won (US$362 million) from 1.16 trillion won tallied during the same period a year earlier.

Meanwhile, it currently operates 45 discount stores in Indonesia and plans to open one more in December.

Lotte is also making aggressive inroads into the Vietnamese market, building a 200,000 square meter shopping complex in Hanoi with an investment of 330 billion won. The construction is slated to be completed by 2020.

This image provided by Lotte Group, South Korea's fifth-largest conglomerate, on Oct. 9, 2017, shows an online shopping mall it launched in Indonesia in collaboration with a local conglomerate Salim Group. (Yonhap) This image provided by Lotte Group, South Korea's fifth-largest conglomerate, on Oct. 9, 2017, shows an online shopping mall it launched in Indonesia in collaboration with a local conglomerate Salim Group. (Yonhap)

Shinsegae, another major retailer here, is also at the forefront of making a foray into the Southeast Asian countries.

E-Mart, the country's No. 1 hypermarket chain under Shinsegae, recently signed a deal with a Thai company to sell off five of its six stores in China, effectively ending its 20-year presence in the world's No. 2 economy.

It is now preparing to open its second store in Vietnam, after launching the first in December 2015.

In late August, Shinsegae Group Vice Chairman Chung Yong-jin said there will be a "surprise announcement" regarding its overseas businesses in the first half of next year, adding the company is eyeing a number of Southeast Asian countries, including Vietnam, Cambodia and Laos, for its overseas push.

CJ Cheiljedang Corp., South Korea's leading processed foods maker, is also building a new production complex in Ho Chi Minh City with a 70 billion won investment.

The affiliate of the country's food and entertainment conglomerate CJ said it views Vietnam as the outpost for the expansion of its businesses in the Southeast Asian market.

"The retail industry in Southeast Asia is still very young, and in the case of Vietnam, more than half of the country's population are aged 35 or under as of last year, making it all the more attractive to begin overseas expansion," an industry source said.

Posted by bravo88 > 2017-10-15 13:03 | Report Abuse

good news or bad news??

Posted by weavefinder > 2017-10-15 13:08 | Report Abuse

Enning 22, the article is retrospective of the confluence of factors on business which is creating ever growing complexity for on going concerns. We can imagine the cost implications of the transition period in their effort to transplant to another host nation. But I think such major significant co decisions by Lotte must have been carefully crafted b4 meticulous deliberation. And this cycle is just an evolution of its existence, trying to create the element of best fit into the global economy.
In this context, there are quite a handful of our Malaysian co which had to bear the expense of operating in a foreign host nation. Lotte might be spared from consumerism, but not when our co dealt with single host nations entity. Petronas, Ranhill, Mudajaya, Zelan, Edgenta, and few others had the bad experience of collection, to the extent of impairments and write-offs. This is the pain to endure in trying to meet shareholders expectations of growth. The seasoned old timer, the revered figure in stock markets, Ananda Krishnan, is now embroiled in a legal suit involving corruption in India. Word goes that the allegation might stick on him.
Indonesia is also rife with a host of difficulties in doing business. Kulim bhd (now privatized by Johor Corp) is attempting to transplant their palm operations from Indonesia to ... .. becos of land entitlement issues, drafted vaguely at the initial stages and still unresolved till today.
So, fortunately our LCT is just the Pasir Gudang old timer, being able to handle regulatory requirements and very experienced with local scenarios in doing business. Hopefully the turmoil at the board level of Lotte does not spill over to Pasir Gudang. But I believe the seasoned old timer gang nam fellas will not meddle with it. In this instance it is always the EGO that is detrimental.

Posted by weavefinder > 2017-10-15 13:31 | Report Abuse

China is at the economic cycle stage of maturity whereby conditions during the boom cycle has changed. So pruning is naturally the result with companies being weeded out if they do not fit the requirements of the economy. Even their locals are seeking expansionary opportunities in foreign land.
The move by Lotte to Indo could be deem to be strategic becos of their petchem entities currently operating there. Could Vietnam also be on their radar for future petchem entities while expending their retail ops? With all this tussle for power and business growth, this Lotte seems to be very aggressive. Is this typical of the Gang Nam's? Samsung, Hyundai, LG, and whatsoever looks to be on a global economic conquest.

Posted by SuperPanda > 2017-10-16 07:54 | Report Abuse

No need to worry about the group perfomnce coz we invest in the child. Child prformnce will impct group earnings but child earnings in its own. However bad group image affect all.

Posted by enning22 > 2017-10-16 09:44 | Report Abuse

There is a need to understand Lotte has shifed their major focus out of China to South East Asia, and they are not here for play play only, as some unhappy invetors seemed to suggest.

Posted by eunsung > 2017-10-16 11:43 | Report Abuse

Hi, guys.
Good news from Korea.
http://www.viva100.com/main/view.php?key=20171016010003417

Posted by eunsung > 2017-10-16 11:43 | Report Abuse

Translation:


IBK Investment & Securities said on 16th that Lotte Chemical will overcome supply problems in peak season and will perform well in 3Q.

Lotte chemical sales in the third quarter were estimated at 3,904.4 billion won, up by 13.9% from the same period last year, and operating profit was up by 23.4% to 793.8 billion won.

Eugene Kim, a researcher at IBK Investment & Securities, said, "In the peak season, the supply disruption has been overtaken." In the third quarter, Lotte Chemical's all business units will perform well. "

"The difference between raw material and commodity prices is great," said a former researcher.

"The polyester market is good and the utilization rate at the Ulsan plant has risen," he said. "The aromatics business profit will increase." In the case of Titan, "the difficulty caused by the suspension of industrial water supply in Malaysia in the second quarter has been eliminated," and "earnings are expected to improve significantly."

Posted by eunsung > 2017-10-16 11:45 | Report Abuse

Consensus from IBK Investment

Posted by weavefinder > 2017-10-16 12:39 | Report Abuse

Eunsung, so now we wait!

Posted by eunsung > 2017-10-16 12:43 | Report Abuse

of course, i'm sure that LCT has potential

Posted by weavefinder > 2017-10-16 12:49 | Report Abuse

If Titan have eradicated the water problem, reckon they would be doing about 2 billion turnover., with net of at least 15% about 300 mil.

Posted by gick891214 > 2017-10-16 13:17 | Report Abuse

I am waiting too..

Posted by billionchew > 2017-10-16 13:40 | Report Abuse

eunsung, million or billion? 3Q estimate how much?

Posted by eunsung > 2017-10-16 13:52 | Report Abuse

Ithink translated wrongly. 3,904.4 billion won is about MYR 1,500,000,0000 and 793.8 billion won is exactly MYR 2,971,586,867

Posted by eunsung > 2017-10-16 13:54 | Report Abuse

3,904.4 billion won is 3.9 billion Won.

Posted by weavefinder > 2017-10-16 14:03 | Report Abuse

1 rgt is about 260 korean won. So if Lotte chem Korea turnover is 3904 billion won, should be about 14.6 bil rgt. so the sales volume per Quarter is about 5 to 6 times as big as Lotte chemical Titan group operations, which is about 2 bil per quarter. Is that so eunsung?

Posted by eunsung > 2017-10-16 14:25 | Report Abuse

weavefinder, yes exactly you are right

Posted by gick891214 > 2017-10-16 17:38 | Report Abuse

Anyone estimate the revenue and profit for this coming quarter report? hehe

Posted by SuperPanda > 2017-10-16 22:33 | Report Abuse

i can bet 200m-300m, but will drop in next qtr due to incur ipo expense 100m (as reported)

Posted by weavefinder > 2017-10-17 00:07 | Report Abuse

in 2016, the last 2 Quarters the NP total was 640 million. Off the cuff trend for NP and averaging the 640 mil over 2 quarters + extracting earlier NP info :
end March 2016 1st Quarter- 272 mil
end June 2016 2nd quarter- 404
end sept 2016, 3rd quarter- 320 mil,
end dec. 2016 4th Quarter -320 mil,

end march 2017 1st Quarter - 342 mil
end june 2017 2nd Quarter-113
end sept 2017 3rd Quarter- ?

In 2016 NP was 1316 mil , EPS approx 76 sen per share

On a rough cut basis looking at the trend from end june 2016 to end March 2017, Could end sept be equivalent, bearing in mind problems in 2nd quarter 2017 is isolated and one off only for that quarter?
Assuming the next 2 quarters, end sept and end dec 2017, is equivalent to previous year 2 quarters in total and minus 100 mil for expenses, they might generate 540 mil as NP.
Est total for 2017 is 995 mil, EPS 57.6 sen / share.

Ok, now comes the cumbersome part which is trying to smoothen all this info in relation to feed cost as a result of varying crude oil prices over that span of time.
Frankly, that is hair splitting, and I had rather go to sleep. Life is just too short, good night. LCT is fundamentally solid, so can sleep well.

Posted by weavefinder > 2017-10-17 00:13 | Report Abuse

The Minus 100 mil is for listing expenses as indicated by super panda. Terrible isnt it? 2% listing expenses for raising 5bil, Walao weh, senang senans saja itu IB bikin wang.

Posted by gick891214 > 2017-10-17 01:54 | Report Abuse

Hope it is a good figures lo.

Posted by newbie1111 > 2017-10-17 10:56 | Report Abuse

so low volume today, everybody on holiday already?

Posted by weavefinder > 2017-10-17 11:42 | Report Abuse

The market maker for LCT has taken a pre deepavali leave to prepare for the celebration of lights tomorrow. So he left the instruction to his assistant to just hold the prices steadily!
Give the counter a break la!

Posted by gick891214 > 2017-10-17 13:03 | Report Abuse

waiting for volume come in only :D

Posted by enning22 > 2017-10-17 15:46 | Report Abuse

National budget soon , many issues need to be seen, wise to stay cool.

Posted by SuperPanda > 2017-10-17 17:48 | Report Abuse

100 mil ipo expense is said to account in Q4. So next Q3 would be good... if not bcoz im out of cap, sure i load more 5.2-5.3.

Lucky to those bought when DOE stop order price below 5. Will hard to get it again.

Posted by apprentice > 2017-10-17 20:12 | Report Abuse

IPO expenses is deducted from monies received from IPO. Never from P&L accounts. So its immaterial if its entered into 3Q or 4Q.

Posted by weavefinder > 2017-10-17 21:33 | Report Abuse

Tak boleh Apprentice: it will be a cash outflow, at balance sheet cash will be reduced and a corresponding reduction at the retained earning side of equities, and at income statement there will be increase in expenses due to listing purposes, and so reduce the net profit.
I still recall KRONOLOGI being hit by one time listing expenses,perhaps third quarter. Sama juga itu Peterlabs bhd in their first year after listing. Semua listed entities mesti kena bayar.

Posted by weavefinder > 2017-10-18 21:47 | Report Abuse

http://www.dailymail.co.uk/wires/ap/article-4991722/Fire-huge-Chevron-oil-refinery-Los-Angeles-area.html
Another big name with extraordinary incident. Nothing to do with LCT, but case in point is that mishaps in refineries and petro-chem plants, despite the best of risk management effort, do occur.

Posted by sparta > 2017-10-18 22:56 | Report Abuse

https://klse.i3investor.com/blogs/spartan/135616.jsp

Posted by gick891214 > 2017-10-19 08:06 | Report Abuse

This stock waiting to go up only.... Time matter only

Posted by eunsung > 2017-10-19 08:44 | Report Abuse

Good morning guys, news from Korea
http://news.g-enews.com/view.php?ud=20171018140206359396aa5dcdf1_1&md=20171018140214_I

Posted by eunsung > 2017-10-19 08:49 | Report Abuse

Used Korean translator...
Looking bad, sorry ya~

================================================================

Lotte Chemical LC Titan Malaysia Malaysia Market 100 Days, Light and Shadow?

It has been the 100th day since Lotte Petrochemical Ltd., affiliated company of Lotte Chemical, has been listed in Malaysia's stock market. Lotte Chem Ltd. has established a foothold as a global top 10 chemical chemist on a global scale, while falling short of expectations for a second consecutive quarter due to declines in its second-quarter performance.

According to the energy industry on July 18, the Malaysian company's Malaysian counterpart L.M. Titan succeeded in selling the Malaysian stock market on July 11. The total amount of new shares is 23.1 billion won (4.77 billion won), or 235,000 won (4,460 U.S. dollars), including 5,500,000 shares. The total amount of issuance is 6.5 ringgit (1744.28 won) and the total amount is 1.17 trillion won.

Lotte Chemical raised hopes that it will raise funds for new investment in the stock market and raise LG`s reputation as a Southeast Asian market. The company is planning to establish a single million tons of Indonesia's naphtha facilities, which are equipped with a fund of 1 million tons, to meet the volume of ethylene in the region.

In addition, the company was planning to expand its nuclear plant in the second half of the year, adding that Lotte Chemical will become a global top 10 conglomerate.

Kim Kyo-hyun, president of Lotte Chemical, said, " We expect that LC Titan will improve its financial structure through this IPO, and we expect to be reborn as a global chemist with a new business investment and new business investment. "

However, the series of bad news is holding back its heels in LC Titan. LC Titan, which played the role of " Casicau Chemical, " has decreased its capacity for plant operation due to a slump in manufacturing water supplies last quarter.
The operating profit of L.C. Titan dropped from 2423 billion won to 1219 billion won.

Poor performance also affected stock prices. Shares of LC Titan declined from July 28 to August 1 at 6.13 ringgit on August 28 after the performance announcement was announced on July 31. Since then, she has stayed out of the four-directional level until the second week of August.

A pilot plant (TE3 project), which occurred on July 20, also caused negative effects on LCTs. Although there was no casualties, the stock price decreased from 5.49 to 5.29 in the previous day. On January 1, the trouble management issue of LC Titan was raised on the surface of the land, as the Malaysian Ministry of Environment ordered a halt to the factory odor caused by the nearby coastal waters.

In addition, the Malaysian Minority Watcher Watchdogs Group, a Malaysian subsidiary, called for tougher risk management on Lotte Chem Ltd., Malaysia's Malaysian subsidiary. Due to a series of unfavorable factors, the stock price of LC Titan stayed at 5.35 p.m. on October 17.

LC Titan is expected to improve in the second half of the year. The company`s operating profit of 770 billion won was estimated at 960 billion won, followed by Mirae Asset with 37.5 billion won.

Samsung Securities Co. analyst Cho Hyun-ryul said, " The improvement in the volume of the NMC will be improved in the second half of the year, with the increase in the volume of the NC00's and the increase of 90000 tons in the second half. "

Posted by weavefinder > 2017-10-19 09:06 | Report Abuse

7 more trading days b4 we move into 3rd Q reporting season. Previously, it took the market maker about 14-15 trading days to move from 4.40 to 5.90 despite struggling through rough publicity. So what lies ahead? Just comparing with Pchem as a guide
1) Titan NTA is 4.59 compared to Pchem 3.47. Pchem is now traded about 2x NTA.
2) Pchem is trading 14.3 X EPS on prospective 56 sen / share for Y2017. Prospective EPS for titan is 58 sen/share.
Let's wait and see what the market maker has up in his sleeves!

Posted by apprentice > 2017-10-19 09:50 | Report Abuse

Simple logic. If expenses for IPO is a 'loss' for the company, then the billions of proceeds from the IPO would be reflected as 'profit' which it is not.

The proceeds after deducting for expenses together with the new numbers of shares issued will be reflected in the NTA.

Been in many IPOs for many years, so far thats the practice.

Posted by gick891214 > 2017-10-19 10:12 | Report Abuse

Weaverfinder, you are titan lover.

Posted by weavefinder > 2017-10-19 11:01 | Report Abuse

Gick, there are times when I see all this no good publicity hovering around LCT it only serves as food for thought, but yet when I look into the various aspects of the parent company and the Pasir Gudang LCT, it is difficult to avoid having that level of believe and confidence on their due performance. So, for the moment I will stay with it.
Well its just that this cyber space for LCT now is a bit quiet, so i thought i might as well just occupy the space and communicate with you people. Gick, I think if LCT starts gaining momentum, and if this cyber space keeps on raining with comments, then i think its time we retreat and take a back seat to watch the commotion.

Posted by gick891214 > 2017-10-19 11:04 | Report Abuse

Sit back and relax

Posted by Stockwatch Kim > 2017-10-19 11:28 | Report Abuse

Buy