LCTitan is beneficial from strengthening of RM/USD. Their projection for yr 2017, for 10% of strengthening, will possibly gain +47mil for profit net of tax.
Posted by spy008 > Dec 12, 2017 11:05 AM | Report Abuse
LCTitan is beneficial from strengthening of RM/USD. Their projection for yr 2017, for 10% of strengthening, will possibly gain +47mil for profit net of tax.
i think market has lost some confidence on the management due to inadequate disclosure over the impact from water disruption in addition to 2 quarters of earnings disappointment
while noted that management has indicated q4 would be better, i rather be more careful than taking their words blindly
the business is cyclical, there are so many uncertainties impacting their profitability.. management can be wrong as well
"We wish to announce that our KBR Catalytic Olefins Technology catalytic cracking reactor (“K-COT”) within our TE3 Project, now known as Fluidised Naphtha Cracker (“FNC”) will commence commercial operations on 16th December 2017."
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....
ratz
285 posts
Posted by ratz > 2017-12-11 23:07 | Report Abuse
Diviide that by 2.308 billion shares