LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.765

Today's Change

-0.01 (1.29%)

Day's Change

0.76 - 0.775

Trading Volume

774,600


17 people like this.

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

cstrader

937 posts

Posted by cstrader > 2018-03-19 21:38 | Report Abuse

Tomorrow is opportunity to buy on dips, if Dow drops. LC Titan definitely game for 7.00 before end-March. Few sellers.

KML889

1,092 posts

Posted by KML889 > 2018-03-19 22:59 | Report Abuse

Just when everthing is right to go, there comes this uncle Sam' bear growling for attention. What a timing. Sigh....

newbie911

1,111 posts

Posted by newbie911 > 2018-03-19 23:41 | Report Abuse

2noro testing Rm6, dj bleeding?

ivan9511

3,854 posts

Posted by ivan9511 > 2018-03-19 23:48 | Report Abuse

yes still upppppppppppppppppp
easay money

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-20 00:04 | Report Abuse

Tomorow buy if sharp,drop

Posted by abrahamseed > 2018-03-20 08:40 | Report Abuse

Not likely to drop sharply. Controlled.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2018-03-20 09:27 | Report Abuse

Lotte Chemical Corp in Korea up 3.76%
441,500 kw up 16,000.00

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-20 14:58 | Report Abuse

Wa, astro keep falling. Looks like astro wil b kickout of klci soon

enning22

2,932 posts

Posted by enning22 > 2018-03-20 15:32 | Report Abuse

nobody watch astro anymore,

Posted by abrahamseed > 2018-03-20 16:15 | Report Abuse

Somebody is manipulating to collect :-) time to ride the next wave up.

ivy88

5 posts

Posted by ivy88 > 2018-03-20 16:29 | Report Abuse

I heard there is market shortage of petrochemical supply, ASP price will shoot up due to high demand, many petrochemical producer shutoff 1H18 due to plant maintenance. Yet raw material price is firm btw US$ 500 ~ $550 range. Opportunity is high to accumulate now if has chance.

Posted by abrahamseed > 2018-03-20 16:56 | Report Abuse

Yes this is absolutely correct. Envisage short supply in China due to environmental controls. Global supply expected to be short of demand. Hence, rise in ASP.

enning22

2,932 posts

Posted by enning22 > 2018-03-20 17:25 | Report Abuse

CANBERA (Alliance News) - Asian stocks turned in a mixed performance on Tuesday as trade-war worries persisted and investors waited for cues from new Federal Reserve Chairman Jerome Powell's first policy meeting, with the central bank widely expected to raise interest rates by 25 basis points.

The two-day meeting starts later Tuesday, with the policy decision announced on Wednesday.

Sentiment was damped after Facebook shares suffered the biggest one-day drop in four years overnight amid allegations that political consulting firm Cambridge Analytica inappropriately obtained and used the social media giant's user data.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-21 12:07 | Report Abuse

bought 6.20

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-21 15:12 | Report Abuse

sold 6.26. thx

Ratman

520 posts

Posted by Ratman > 2018-03-21 15:18 | Report Abuse

So fast make money

Ratman

520 posts

Posted by Ratman > 2018-03-21 15:21 | Report Abuse

This counter move up & down so fast with small volum

Posted by kelvin_ik4u > 2018-03-21 16:46 | Report Abuse

Have faith toward Korea Lotte mgmt., LCTITAN share is on consolidation price, testing seller sentiment & mood with less volume. Low volume, yet price stand quite firm. My believe, it's an accumulate mode period for patience buyer before price re-spike up again.

alone

283 posts

Posted by alone > 2018-03-21 19:18 | Report Abuse

翻新减 需求扬‧乐天大腾否极泰来 | http://www.klsescreener.com/v2/news/view/356545

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-22 07:19 | Report Abuse

Ta research gave tp 760

Thelastone

277 posts

Posted by Thelastone > 2018-03-22 10:24 | Report Abuse

For year 2017 to 2021 the best thing that Lctitan can have in their M’sian operation is the tax free status.Imagine the 25% of profit will be counted as profit !

Abismail

651 posts

Posted by Abismail > 2018-03-22 10:52 | Report Abuse

CHINA TO REEXAMINE DUTIES ON CHEMICAL FROM JAPAN, U.S. are this good for lctitan?

Posted by kelvin_ik4u > 2018-03-22 11:33 | Report Abuse

@Abismail, China impose this chemical duties tariff only for Methyl isobutyl ketone (MIBK) from South Korea, Japan and South Africa, to prevent dumping duties on Methyl isobutyl ketone (MIBK) from South Korea, Japan and South Africa. Only this item is affected & other chemical not affected so far. China raise this tariff to prevent this MIBK been dumped on the Chinese market, causing material injury to the domestic MIBK industry.

Anyhow, LCTITAN does not have the MIBK chemical product. LCTITAN main products are PE(Polyethylene), PP (Polypropylene) & Olefin (Ethylene, propylene, butadiene, etc). So it is safe from China duties impose export item.

https://gbtimes.com/china-to-slap-tariffs-on-chemical-from-south-korea-and-japan

Read through LCTITAN's website for more product info:
http://www.lottechem.my/products/productGuide_view.asp

VenFx

14,784 posts

Posted by VenFx > 2018-03-22 11:36 | Report Abuse

Posted by kelvin_ik4u > Mar 22, 2018 11:33 AM | Report Abuse 

@Abismail, China impose this chemical duties tariff only for Methyl isobutyl ketone (MIBK) from South Korea, Japan and South Africa, to prevent dumping duties on Methyl isobutyl ketone (MIBK) from South Korea, Japan and South Africa. Only this item is affected & other chemical not affected so far. China raise this tariff to prevent this MIBK been dumped on the Chinese market, causing material injury to the domestic MIBK industry. 

Anyhow, LCTITAN does not have the MIBK chemical product. LCTITAN main products are PE(Polyethylene), PP (Polypropylene) & Olefin (Ethylene, propylene, butadiene, etc). So it is safe from China duties impose export item. 

https://gbtimes.com/china-to-slap-tariffs-on-chemical-from-south-korea... 

Read through LCTITAN's website for more product info: 
http://www.lottechem.my/products/productGuide_view.asp

ME : THX FOR THE ABOVE EXPLANATORY .

Posted by kelvin_ik4u > 2018-03-22 11:46 | Report Abuse

Recently Sinchew & Nanyang business section reported that analyst/fund mgrs who visited the LCTITAN plant-tour site, stated that it mgmt. predict plant utilization rate overall will reach average 90% for whole 2018, far better than 73% of last year. Plus, this year 2018 maintenance capital expenditure expected to reduce to ~RM100mil (2% ~ 3% of annual revenue) compare to RM400mil last year. It also stated that all improvement in Utilization on cracker is completely repaired & stable, operating performance efficiency will back to normalized >90% for 2018.

With strong product market demand, tightening global supply, China government environment policy curb for many local producers shutdown forcing substitution via imports, coupled with rising ASP selling price, I believe it will be good for LCTITAN for this 1H2018 at least.

I'm not expecting this 1Q18 Qtr earning to be a very outstanding result, as long as it EPS hit within 18sen ~ 20sen range, that a very good sign for massive projection growth for whole 2018. Improvement & recovery take time, so be patience and continue for a 2018 growth ride.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2018-03-22 14:40 | Report Abuse

look forward for 20cents earning this coming quarter. I will hold long term if each year giving me 40 cents dividen.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-03-22 17:35 | Report Abuse

Before 30April share price should be continue to go sideways. No hurry, will buy more on weakness. Cheers to Titan family!!!

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-03-22 17:36 | Report Abuse

Thanks kelvin for sharing!

lincm86

168 posts

Posted by lincm86 > 2018-03-22 19:02 | Report Abuse

AGM on 24 April 2018
2.00pm @ SimeDarby Convention Centre, Jalan Bukit Kiara.

Can go and see the management.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-23 07:23 | Report Abuse

Hopefuly today,can grab some below 6

Posted by kelvin_ik4u > 2018-03-23 08:17 | Report Abuse

US tariffs started, impose $50bil on China import, 25% affect $13bil revenue lose for China. It kinda a small vs total US-China trade was $500bil per year. China retaliate with start impose $3bil tariffs on US import steel, fruit and wine.

This will not affect Lctitan as petrochemical does not ship to US, businees no impact. However market sentiment make cause investor fear. It will be an opportunity to collect from investors fear.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-03-23 09:54 | Report Abuse

Time to add more on this one!!!!! and wait for coming dividend!!

Thelastone

277 posts

Posted by Thelastone > 2018-03-23 10:08 | Report Abuse

Great idea !

Wei Wong

671 posts

Posted by Wei Wong > 2018-03-23 10:30 | Report Abuse

Highest mostly is 6.3 range
Guess everyone scare to hold above 6.5 cos many investors got trap at there ..
Now looks like will the investor cut their losses anot ..

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-03-23 10:42 | Report Abuse

I bought at 4.65 and hold till now always feel not bought enough.... Now is good chance, dividend coming.

Ekkram

763 posts

Posted by Ekkram > 2018-03-23 11:24 | Report Abuse

everybody can talk loud TP 6.5, 7.5, 8.5, 9.5, 10.5, 11.5 ...... 6.5 already at high resistant to break.
today just the first day, more to come in the next few days can enter at more cheap price.

Posted by kelvin_ik4u > 2018-03-23 12:08 | Report Abuse

Market noise and price fluctuation does affect our medium to long term judgement. Important is the business fundamental growth or industry sector affected or not. No matter it can hit TP 6.5 or whatsoever, if the business revenue & earning is growing up, eventually it will raise as what Warren Buffet's advise for investor for long term gain. That what differentiate why less than 5~10% investor win multi-baggar return in share market vs 90% lose in equities market.

pitbull

1,438 posts

Posted by pitbull > 2018-03-23 12:52 | Report Abuse

Correction to 5.80

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2018-03-23 14:07 | Report Abuse

Base on the analysis report 乐天大腾化学 产能改善利业绩 the 2018 forecast earning is 64.4 cents which means each quarter around 16.1 cents. Dividen with 32.2 cents for FY18.

Since the efficiency increase to 90%, and capex reduction to 100mil for FY 2018, we should have at least 16 cents/ Q this coming quarter. In this coming AGM i will purpose to the company provide the profit guidance for investor for upcoming quarter.

ooihk899

2,057 posts

Posted by ooihk899 > 2018-03-23 14:31 | Report Abuse

Oil price going up, Naphtha price also up trend lately.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-23 14:33 | Report Abuse

wa, look at the anual report. top 30 shareholders r big big fund.. total 93%

Hope333

489 posts

Posted by Hope333 > 2018-03-23 14:59 | Report Abuse

below 6 now

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-23 15:35 | Report Abuse

bought 6

mamatede

3,950 posts

Posted by mamatede > 2018-03-23 21:25 | Report Abuse

add on a bit today

OPMS

1,183 posts

Posted by OPMS > 2018-03-23 21:26 | Report Abuse

wahhh below 6 !

enning22

2,932 posts

Posted by enning22 > 2018-03-24 13:25 | Report Abuse

ONLY 7% shares are freeflowing,and the trade war is mainly between China and US,so we must be patience,holding tight and watch.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-03-24 14:31 | Report Abuse

LCtitan at the end will be benefitted on the trade 'cold' war. As for the product is demand over supply one thing secondly, factories are set up in Malaysia, Indonesia by South Korean. We have all the means to continue to grow in macro political environment!!! Thts the real fact, so park your fund as for the current index counters are losing in market capital when LCTITan is going to replace them.!

newbie911

1,111 posts

Posted by newbie911 > 2018-03-24 14:32 | Report Abuse

Monday testing Rm5.5...better run !!!

enning22

2,932 posts

Posted by enning22 > 2018-03-24 15:00 | Report Abuse

5.50 best BUY ,5.60 must buy , 5.80 can buy ,6.00 may buy,

Flintstones

1,762 posts

Posted by Flintstones > 2018-03-24 16:44 | Report Abuse

Oil price up chemical stocks down. Dont go against the law

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