LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.76

Today's Change

-0.015 (1.94%)

Day's Change

0.76 - 0.775

Trading Volume

1,327,800


17 people like this.

12,787 comment(s). Last comment by Nepo 6 days ago

AliCafe

81 posts

Posted by AliCafe > 2017-10-19 11:44 | Report Abuse

Entering today :)

enning22

2,932 posts

Posted by enning22 > 2017-10-19 11:49 | Report Abuse

not many high-tech stock around in Bursa, mostly backyard industries,or building, trading ,or agri based companies. LCTT should shine and shaw its colors.

Posted by weavefinder > 2017-10-19 12:15 | Report Abuse

yes, they should show how its being done Gang-Nam style!

Posted by Stockwatch Kim > 2017-10-19 12:34 | Report Abuse

2.30 onward "Kaboom stock"

spy008

177 posts

Posted by spy008 > 2017-10-19 13:15 | Report Abuse

Apprentice explanations sounds logic. haha

eunsung

29 posts

Posted by eunsung > 2017-10-19 13:18 | Report Abuse

Malay stock is too hard,, compare to korean stock...
is there any info about how many shares foreigner buy and sell? and organization buy and sell..

Posted by weavefinder > 2017-10-19 14:31 | Report Abuse

Eunsung, in so far since listing in july, there is no formal reporting via Bursa Malaysia of any substantial shareholdings sales or purchase, those institutions holding more than 6% shareholdings. To know better on the shareholding spread, will have to wait for their 2017 annual report, released in 2018. Right now I think the info on shareholding spread is only available at the IPO issuing house Mayban investment bank.

eunsung

29 posts

Posted by eunsung > 2017-10-19 14:47 | Report Abuse

weavefinder, I see thank you

cstrader

937 posts

Posted by cstrader > 2017-10-19 15:16 | Report Abuse

Buy CD and CE for good returns in November.

gick891214

923 posts

Posted by gick891214 > 2017-10-19 18:11 | Report Abuse

Pchem gained 21 cents today... When is lctitan's turn?

Posted by weavefinder > 2017-10-19 21:46 | Report Abuse

Gick, would be interesting to note if Pchem goes higher then we can see whether this PE sets the benchmark for the industry. So far the PE is about 14.3. But the problem is that Pchem has EPF and PNB to contend with as buyers and sellers nearly everyday. What more with 4 times LCT no of shares outstanding, moving up 21 sen is not the usual affair for Pchem. Likewise, we also do not have info on institutional holders of LCT becos recently listed.
Unlike Pchem whose price has reached maturity for now, LCT has upward trajectory in open skies which must complement with its quarterly result. If the Gang- Nam guys were to do NP 350 mil, then we can see this fighter muscling his way through.

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-10-20 10:38 | Report Abuse

just need 1 quarter good result to give confidence.. then it will run its course all the way.

Posted by weavefinder > 2017-10-20 15:46 | Report Abuse

Fire again, this time took it took its toll at notion vtec. My goodness. This one is i guess more serious.

Posted by MoreNMoreMoney > 2017-10-20 15:56 | Report Abuse

what "fire again"?

Kolf Cy

3 posts

Posted by Kolf Cy > 2017-10-20 16:00 | Report Abuse

@weavefinder where did u find the news?

Posted by weavefinder > 2017-10-20 16:04 | Report Abuse

It is not LCT, but Notion is suspended due to fire. look into bursa announcement. Just wanted to highlight the fire epidemic!

Posted by MoreNMoreMoney > 2017-10-20 16:05 | Report Abuse

scare me.....tot is LCT...huh...

Posted by MoreNMoreMoney > 2017-10-20 16:06 | Report Abuse

NOTION (0083) drop almost 30%....

gick891214

923 posts

Posted by gick891214 > 2017-10-20 17:10 | Report Abuse

not LCT la, weaverfinder, dont scare them :D

Posted by weavefinder > 2017-10-20 18:54 | Report Abuse

It does not look good from the photos, and what more it is an electronics co. I hope they recover fast and find means and ways to reassure shareholders that they are still an operating entity. My get- well- soon wishes to the owners and share-holders of Notion V-tec.

Lau333

155 posts

Posted by Lau333 > 2017-10-22 20:29 | Report Abuse

Market easily forgets one off losses as long as they do not impair the company's fundamentals.
Sharing my post on LCTitan at link below:
https://klse.i3investor.com/blogs/20102017/135826.jsp

spy008

177 posts

Posted by spy008 > 2017-10-23 09:14 | Report Abuse

1 thing about Notion is they are fully covered with the insurance, also covering the potential losses in the business due to failed for production.

In other words, their QR will be more stable, just like pmetal.

Skykids

72 posts

Posted by Skykids > 2017-10-23 11:10 | Report Abuse

LCT QR maybe next week release if based on last QR period is 1 month after closing date.
now is the best time to buy their call warrant, if u wanna earn more^^

azmi8800

14 posts

Posted by azmi8800 > 2017-10-23 16:42 | Report Abuse

main pipe serving LCT is severed. Expecting downtime, maybe delayed if not repaired asap.

apprentice

789 posts

Posted by apprentice > 2017-10-23 16:49 | Report Abuse

More bad news?

tzerteoh

110 posts

Posted by tzerteoh > 2017-10-23 16:49 | Report Abuse

so many issues this company

bravo88

91 posts

Posted by bravo88 > 2017-10-23 16:59 | Report Abuse

fuck fuck fuck fuck fuck

bravo88

91 posts

Posted by bravo88 > 2017-10-23 17:00 | Report Abuse

useless company......

apprentice

789 posts

Posted by apprentice > 2017-10-23 17:06 | Report Abuse

If its just pipes, then its not a big issue.

Replace and its done.

Skykids

72 posts

Posted by Skykids > 2017-10-23 17:06 | Report Abuse

Onshore pipe easy to repair, no issue. I work at chemical plant oso.

asturay

189 posts

Posted by asturay > 2017-10-23 17:51 | Report Abuse

Buy100

gick891214

923 posts

Posted by gick891214 > 2017-10-23 20:43 | Report Abuse

There is no announcement in the market...

elvin88

673 posts

Posted by elvin88 > 2017-10-23 20:47 | Report Abuse

Bought 10000

Posted by weavefinder > 2017-10-23 21:58 | Report Abuse

If fire, I can understand that such black swan incidents, random occurrences, can have a huge impact on the operational capacity with lengthy recovery periods at very high cost. But pipes being severed can cause the share price to dip by 3%, that,s amazing. I wonder if one day the MD falls sick and is warded in hospital, another 10 sen goes down. Forklift and other material handling equipment breakdown will cause about 7sen loss. TNB power station failure at Pasir Gudang can potentially cut away another 10 sen. Engineers balik kampung to Korea will drag another 10 sen. Choose whatever circumstances you like and please peg a certain potential ringgit value reduction.
This is my take on the issue: If this LCT is gonna be a company whose share price is being so sensitive to changes based on daily operational teething problems, and if its true that the 16 sen dip today is due to severed pipes potentially causing delays, then I wanna be the first one to sell to the last share that i have. TO me I am only wasting my time with a reputable giant yet so vulnerable to ridicule, and being supported by a market maker who cannot even defend his turf when the shares are raining down on him.
We have 3000 over companies in bursa, each company having their own operational problems, but none as sensitive as LCT to price fluctuations based on variations of whatever factors in their operations.
You see, I think it is not the severed pipes. But it is due to something which i noticed from the trading pattern today, and this gives me a fair bit of concern.

Posted by weavefinder > 2017-10-23 22:04 | Report Abuse

Gick, surely there is no announcement. If there is an announcement, then LCT can be downgraded to a kalefey co. Pipes also if they cannot settle, then might as well close shop la.

gick891214

923 posts

Posted by gick891214 > 2017-10-23 22:13 | Report Abuse

Yalor... Every company sure facing this kind of small operational issue.

wklee9113

179 posts

Posted by wklee9113 > 2017-10-23 22:40 | Report Abuse

Mother fu........king share

enning22

2,932 posts

Posted by enning22 > 2017-10-24 00:16 | Report Abuse

investors OVER SENSITIVE to small negative factors, the point however is to overcome them.

bravo88

91 posts

Posted by bravo88 > 2017-10-24 07:26 | Report Abuse

this company banyak suey lo...

Posted by weavefinder > 2017-10-24 08:33 | Report Abuse

my 2 sens worth:
1) The company is not the culprit. To me they are operating normally to the best of their ability.
2) Investors, being speculators,players, or holders are only reacting to news, hype, rumours or fear based on trading patterns. That is quite usual, within norms of the market.

But the bloody market maker, I do not know whether he is in control of the trading or not. Yesterday, there appeared to be a certain party trying to short the prices. Whether it is the market maker trying to clear weak holders as quickly as possible or institutional holders who have given up on the prospects of the company, that remains to be seen today.

On the issue of the severed pipes, how the hell can company internal operational problems, be information or news for shareholders to sell? Who supplied them with the news?. Does this mean that every daily operational constrain is communicated to certain shareholders and the market maker? How the hell does the market maker know about this problem, unless he is located in the plant itself.

Like i said earlier, if shares of this co is traded in this manner, I don't wanna deal with this type of hype, or rumours or baseless news, and most of all a market maker who is susceptible to change from daily operational matters. There are 3000 over co in bursa, who can become better host than this market maker.

Come Friday, if prices do not improve or get worse, then i am checking out from this counter.

spy008

177 posts

Posted by spy008 > 2017-10-24 08:44 | Report Abuse

I think people are just lack of confidence with them after poor QR & several incidents.. bad sentiment on this share... =.=

If the coming QR is awesome, then everything shall back to fine.. If QR is just ok or bad.... hard to gain investor's confidence.

apprentice

789 posts

Posted by apprentice > 2017-10-24 08:58 | Report Abuse

Its not just the lack of confidence but also the lack of trust after the poor Qtr so soon after its IPO.

The volume does not suggest mass exodus by shareholders, but a sell down by some panicky weak holders.

Will buy in if it goes to 5 again.

gick891214

923 posts

Posted by gick891214 > 2017-10-24 13:29 | Report Abuse

Weavefinder, i am waiting the report only

Posted by weavefinder > 2017-10-24 14:31 | Report Abuse

Gick, what i tak boleh tahan is that the market maker is still short selling. Normally the market maker is privy to some undisclosed info about the co performance. We cannot be sure when the Q report will be out, at the most just guess-timate, but if the market maker continues short selling, then he might have info on something amiss due to the performance. However I still believe that LCT will churn out encouraging numbers for the 3rd quarter.
Still, the biggest problem is trying to determine the Q report date. If the Q report is at end Nov, then whatever price now is inconsequential, except that the price should not dip below 5 and stay there for long. The market maker has driven up a RGT1.40 gain previously within 2 weeks.
I guess Gick you are right. Make or break, let us wait for them to show their report card.
Aya, real pain in the ..... holding a good co with a messed up reputation!

newbie1111

1,842 posts

Posted by newbie1111 > 2017-10-24 14:39 | Report Abuse

unstoppable drop, what is going on?

eunsung

29 posts

Posted by eunsung > 2017-10-24 14:40 | Report Abuse

LC Korea fire.
10Workers got injured.
http://www.newsis.com/view/?id=NISX20171024_0000126981&cID=10401&pID=10400
===========================================

Lotte Chemical (011170) shares have plummeted due to the Ulsan factory fires. It is analyzed that the fire occurred at Lotte Chemical Ulsan plant.

At 3:14 pm on the 24th, Lotte Chemical is trading at 387,500 won, down 2.89% (11,500 won) from the previous trading day.

A fire broke out at 1:46 pm at the Lotte Chemical Ulsan plant in Sangyeok-dong, Nam-gu, Ulsan city.

Four of 10 injured were reported to be seriously injured, while six were reported to have been hospitalized due to minor injuries.
===========================================

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 14:49 | Report Abuse

Always fire news

asturay

189 posts

Posted by asturay > 2017-10-24 14:50 | Report Abuse

No connection with korea.buy 1000x.n crazy about this stock trend

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