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

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 15:00 | Report Abuse

Yes , all in why so takut

Posted by weavefinder > 2017-10-24 15:00 | Report Abuse

eunsung, the fire is only at the power supply control room? So it is not due to accidents occurring at the chemical manufacturing plant? I cant say anymore, for fear that tomorrow an earthquake swallows up the whole ops in one of their operating countries!

bravo88

91 posts

Posted by bravo88 > 2017-10-24 15:00 | Report Abuse

what a suey company....

asturay

189 posts

Posted by asturay > 2017-10-24 15:11 | Report Abuse

Celaka betul.nervous.my money going to b smoke.menangis

AliCafe

81 posts

Posted by AliCafe > 2017-10-24 15:32 | Report Abuse

topup a bit. :)

apprentice

789 posts

Posted by apprentice > 2017-10-24 15:39 | Report Abuse

Has the fire in LC Ulsan any direct bearing on LCT in Malaysia?

If there is none, nothing to menangis about asturay.

apprentice

789 posts

Posted by apprentice > 2017-10-24 15:40 | Report Abuse

I am taking this opportunity to buy in more call warrants.

Adam Fcy

120 posts

Posted by Adam Fcy > 2017-10-24 15:44 | Report Abuse

which call warrant should we buy?

eunsung

29 posts

Posted by eunsung > 2017-10-24 15:46 | Report Abuse

weavefinder, Yes only in power supply control room,
Fire damage is minor but people got injured.. that's right stock goes down.

apprentice

789 posts

Posted by apprentice > 2017-10-24 15:48 | Report Abuse

i am in cg, longer expiry period

Posted by billionchew > 2017-10-24 16:02 | Report Abuse

all are speculators & stupid traders, dun follow them. Wait for another two Q.

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 16:20 | Report Abuse

Kalau takut jangan ikut

asturay

189 posts

Posted by asturay > 2017-10-24 16:23 | Report Abuse

I bought 5.11 2 lot

bravo88

91 posts

Posted by bravo88 > 2017-10-24 16:26 | Report Abuse

don't buy this fucking share.....

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 16:34 | Report Abuse

Why ?u lose many bravo88

bravo88

91 posts

Posted by bravo88 > 2017-10-24 17:08 | Report Abuse

30k loss....

asturay

189 posts

Posted by asturay > 2017-10-24 17:14 | Report Abuse

Then the ib aaid.the share prize still target prize rm7.shiit

apprentice

789 posts

Posted by apprentice > 2017-10-24 17:35 | Report Abuse

Stay calm, wait for Q report.

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 17:39 | Report Abuse

When Q report out ? anyone know.

spy008

177 posts

Posted by spy008 > 2017-10-24 18:08 | Report Abuse

bravo88 buy structured warrant?

Posted by weavefinder > 2017-10-24 18:42 | Report Abuse

wow, bravo 88, i am sorry to hear of your predicament. I only hope this is paper loss. Is that so?

bravo88

91 posts

Posted by bravo88 > 2017-10-24 19:04 | Report Abuse

@weavefinder@spy008..yes paper loss...mother,ca,cb....

Posted by weavefinder > 2017-10-24 19:57 | Report Abuse

Brother Bravo, dont despair alone, we are standing there with you. There is still a chance that we can get out of this mess without experiencing due losses. keep communicating with this group here. I think all here have one common purpose now: We wanna see the LCT report card b4 making decisions.

bravo88

91 posts

Posted by bravo88 > 2017-10-24 20:23 | Report Abuse

yes wait 4 qtr report...

bravo88

91 posts

Posted by bravo88 > 2017-10-24 20:24 | Report Abuse

qtr report tak baik mampui...

McQueen1

23 posts

Posted by McQueen1 > 2017-10-24 20:31 | Report Abuse

when report out? 31 oct?

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-24 22:27 | Report Abuse

Don't worry bravo88.1q come back

bravo88

91 posts

Posted by bravo88 > 2017-10-24 22:32 | Report Abuse

@kentwoon..hope so

wklee9113

179 posts

Posted by wklee9113 > 2017-10-24 23:12 | Report Abuse

Sure die report not good sure go Holland

gick891214

923 posts

Posted by gick891214 > 2017-10-24 23:27 | Report Abuse

Us strong rebound tonight. Hope tomorrow will be good day

Posted by winner lcf > 2017-10-25 00:25 | Report Abuse

Holland share!

spy008

177 posts

Posted by spy008 > 2017-10-25 06:26 | Report Abuse

Based on the sentiment on this share, those who is buying structured warrant will hardly gain.

My current view is that this share need another few mths (hope for the best but plan for the worst)... by the time mother share is going up (if managed to) , structured warrant might not be moving/going down due to current high premium.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2017-10-25 09:55 | Report Abuse

LC titan CE..............................

Skykids

72 posts

Posted by Skykids > 2017-10-25 14:48 | Report Abuse

CE fly soon?

enning22

2,932 posts

Posted by enning22 > 2017-10-25 15:08 | Report Abuse

wise man said:real gold is not afraid of fire.

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-25 15:16 | Report Abuse

Yes,u r right

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-25 16:42 | Report Abuse

Up up ce

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-10-25 18:09 | Report Abuse

i dont think will drop below 5 normal mrkt.. if drop then good to collect. even below 5.20 is good price.

gick891214

923 posts

Posted by gick891214 > 2017-10-25 19:35 | Report Abuse

Up up up

elvin88

673 posts

Posted by elvin88 > 2017-10-25 22:36 | Report Abuse

I accumulate 20000 shares

gick891214

923 posts

Posted by gick891214 > 2017-10-26 07:34 | Report Abuse

KUCHING: Malaysia’s petrochemicals industry is expected to record a decent third quarter (3Q) due to the current favourable demand-supply dynamics and undemanding valuations, analysts observed.

In a report, the research arm of Maybank Investment Bank Bhd (Maybank IB Research) believed that both Petronas Chemicals Group Bhd (PChem) and Lotte Chemical Titan Holding Bhd’s (LCT) 3Q17 results would be in-line with market’s expectations with an upward bias.

“Key point is both managed to turnaround their facilities within stipulated plan and average selling prices (ASP) have crept up higher due to the global production disruption.

“We are positive on the sector on favourable demand-supply dynamics and undemanding valuations,” the research house said.

It explained that PChem had a major turnaround for its Ammonia and Kertih plants in 3Q17 while LCT’s Naphtha Cracker #1 (NC1) underwent a turnaround in 3Q17 which took 33 days. LCT management stated that it went live on August 11 and it has ramped up smoothly with no issues.

“It is important to note that these maintenance shutdowns by PChem and LCT are well publicised to the market,” it pointed out.

Maybank IB Research also highlighted that petrochemical prices had a positive boost from the Tropical Storm Harvey that inflicted the US Gulf area in early September 2017.

“Many of the US petrochemical facilities were damaged and are not yet fully operational till today.

“This had disrupted petrochemical supply and lifted prices higher. In addition, global PMI has been in strong growth territory in 2017 which underpins a sturdy demand for petrochemical products,” it added.

Overall, the research house pegged a positive view on Malaysia’s petrochemical sector on strong industry demand and healthy product margin spreads

“Both PChem and LCT are trading at undemanding valuations and both have solid net cash balance sheet,” it said, noting that it favoured LCT as it is the cheapest Asean based petrochemical group and offers the best upside to our target price

kentwoon

1,841 posts

Posted by kentwoon > 2017-10-26 10:14 | Report Abuse

Many good news will coming soon

spy008

177 posts

Posted by spy008 > 2017-10-26 11:03 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/10/26/better-lotte-chemical-results-likely/


PETALING JAYA: Maybank IB Research expects an improvement in Lotte Chemical Titan Holding Bhd’s upcoming financial results for the third quarter ended Sept 30, 2017 (3Q17).

According to the research house, Lotte Chemical’s 3Q17 results look promising on the back of strong average selling price of its petrochemical products, smooth resumption of its NC1 plant’s production and higher plant utilisation rates.

Maybank IB Research reiterated its “buy” call on the company, with an unchanged target price of RM7.85.

“Things are reverting to normal for Lotte Chemical and the 3Q17 results should be in line with market expectations.

“However, the third quarter will have some one-offs relating to its listing expenses and the total return equity swap of its listed Indonesian unit. Excluding these items, we forecast that the underlying performance will be positive,” it said in a note.


Lotte Chemical recorded a significant fall in both its 2Q17 revenue and net profit, that was caused by a scheduled plant turnaround and a water supply cut that disrupted operations of its plants in Johor.

As a result, the counter fell by nearly 23% to RM4.70 on the same day of the company’s financial results announcement.

Lotte Chemical, which made its debut on the Main Market of Bursa Malaysia in July, saw its net profit in 2Q17 drop by nearly 72% year-on-year (y-o-y) to RM113.62mil. The petrochemical manufacturer’s top line also narrowed by 11% y-o-y in the quarter.

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Maybank IB Research said Lotte Chemical’s recovering production volume may act as a boost to the company’s earnings.

“The management says that production volumes have gradually recovered from the low levels in 2Q17. The NC1 plant’s turnaround process was completed as planned and the ramp-up process was smooth.

“In total, NC1 was offline for 33 days only and we forecast plant utilisation rates to hover between 74% and 78%. We forecast that product margins in 3Q17 to be at RM994 per tonne, which is 10.7% lower y-o-y and 6.5% lower quarter-on-quarter,” said the research house.

With regard to a series of incidents in its TE3 project, Maybank IB Research did not foresee any impact on Lotte Chemical’s financials in the third quarter.

On Oct 1, the TE3 project site received a stop-work order from the Department of Environment following odour emission and surface oil sheen discharge from its project site into a waste water treatment plant.

The TE3 project refers to Lotte Chemical’s KBR catalytic olefins technology catalytic cracking reactor that will be attached to an existing second naphtha cracker plant in Pasir Gudang, Johor.

“The management is confident it will be able to commission TE3 by 4Q17 as per the original targets and all incidents in TE3 are minor hiccups to its overall progress.

“TE3 should not impact Lotte Chemical’s 3Q17 financials as capital expenditure and incidential costs should be capitalised till ready,” said Maybank IB Research.

At the close of trading yesterday, Lotte Chemical was up by 1.4% to RM5.25. A total of 818,800 shares changed hands.


Read more at http://www.thestar.com.my/business/business-news/2017/10/26/better-lotte-chemical-results-likely/#CyQrrBYLwEeLOlxG.99

spy008

177 posts

Posted by spy008 > 2017-10-26 11:04 | Report Abuse

“However, the third quarter will have some one-offs relating to its listing expenses and the total return equity swap of its listed Indonesian unit. Excluding these items, we forecast that the underlying performance will be positive,” it said in a note.


Hmmm... got one - off listing expenses.... TRES.... mayb the profit will not be good-looking..

Posted by MoreNMoreMoney > 2017-10-26 11:45 | Report Abuse

this article sound like secondary school homework.......he just combined all the facts and come out this article....for me..this is useless.

Posted by weavefinder > 2017-10-26 11:52 | Report Abuse

I loathe this type of public stunt trying to beg for people: Oh please dont throw while I am moving up. This bloody F...king IB now become beggars.
Too much of a publicity becomes cheap publicity, and becomes shit.
As a contrarian, I get cheesed off when it is an over-driven campaign to be hyped. I get this feeling that the report will be out next week, between wed and friday.
Oh shit!.

Posted by weavefinder > 2017-10-26 11:54 | Report Abuse

No offence to you guys eh, gick and spy, thanks for sharing. Its just that I tak boleh tahan with the IB's.

Skykids

72 posts

Posted by Skykids > 2017-10-26 12:37 | Report Abuse

QR released.

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