please continue ong. no one stopping you. dont get me wrong,I don't scare also to see people want to jump into the deep blue sea that full of sharks. just here to share my opinion as I see heng yuan in Lct.lol, you make ur own decision.
Market sentimental weak, due to Trumps and 1mdb. Menteri Kewangan Lim Guan Eng announced bankruptcy of IMDb and he refuses paying the debt for the said company is necessary and should be supported!! The right management would eventually bring up the whole country market!! Buy on weakness!!!
Crude oil price plunge whole week from usd 72, matches what the analyst say should benefit LCTitan. foreseeing a better quarter report and year end dividend. 5.2 is a good price to buy!
fundamental is dead. let me be a minute guru guide you all how to invest. dump pro bn shares, buy pro harapan shares, don't touch those shares which stand in between bn and ph. throw the shares in which they will give dividends. keep the shares that the companies have cash reserve. now you have learnt things about Malaysia share market with a new gov and new game rules...
crazy mindset, the new gov really naive and think with the gst gone and sst coming back and the prices in market will drop. prices that up can't go down anymore. asks kopitiam also know liao. share market so volatile with every scandal published, can secure the initial capital is also a big issue, some more all Malaysians are now will to spend cash liao. dreaming.
Clap clap clap.......byebye u may sell then, I am still keeping. I do a lot of buy sell at speculation counter but not this counter. LCtitan I have been buying since 4.5, those days when it have water, and fire hazard issue... now with expanded plant, better utilisation, market are demand over supply, I chose to keep... and will buy bit by bit with the earning from my other speculation counter.
Message from Russia Putin, he agreed to lower the oil price to $60 by increase more oil supply to the market. Expected oil price will lower down, especially OPEC meeting this 22th June, Russia & Saudi will raise oil supply more to cater increase US shale oil rig supply increase. It will be stupid for both Russia & Saudi sit down, idle do nothing cut supply whereas US shale oil supply increase solely benefit to US only.
Last Friday, oil price drop 4.5%, drop $6.00+ , expect more to come oil price drop. ----------------------+++++------+
By Vladimir Soldatkin
MOSCOW (Reuters) - A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday.
Sources said this week that Saudi Arabia and Russia were discussing raising OPEC and non-OPEC oil production to ease 17 months of strict supply curbs amid concerns that a price rally has gone too far.
"When we extended the agreement until the end of 2018, we spoke about such possibilities (of returning to the October 2016 level)," Novak told reporters.
"But a decision will be made in June," he added, referring to meetings of OPEC and non-OPEC countries in Vienna on June 22-23.
The existing deal came into force on January 1, 2017, and envisaged global oil producers reducing their combined output by 1.8 million barrels per day (bpd) to cut bloated stockpiles and prop up oil prices.
Russia's oil output reached a 30-year high of 11.247 million bpd in October 2016 and it pledged to cut it by 300,000 bpd to 10.947 mln.
In March and in April this year it failed to fully comply with the deal, pumping at the pace of 10.97 million bpd, a 11-month high.
Oil prices have risen to $80 per barrel, levels unseen since late 2014. Russian President Vladimir Putin said on Thursday that the price of $60 "suits Russia".
Novak was also quoted as saying on Saturday he expected Iran to reduce its output by no more than 10 percent as a result of the move by the United States to withdraw from a nuclear deal and reinstate sanctions against Tehran.
"I think the output reduction will not be as significant as many expect," RIA news agency quoted Novak as saying when asked if he agreed with an estimate that the sanctions could remove as much as 800,000 barrels a day from the market.
"Some 10 percent is probably the maximum level," he said.
Novak also estimated that the "geopolitical risk" premium to the oil price was around $5-$7 per barrel.
(Additional reporting by Oksana Kobzeva; writing by Maria Kiselyova; Editing by Richard Balmforth and Helen Popper)
Anyone can help to answer me if LCTITAN not manage to hit 25% public share holding, then what issue will probably to be happen when due date 23 July 2018? No experience with this before.
The year end dividend now talk only not yet official declaration. But crude oil has been down for a week from usd 70++ the share price should rebound anytime above rm6~7
do note that most of the cash is proceeds from IPO, mainly use for their existing projects, the PP3 and the petrochemical facility in Indonesia. these are earmarked for their expansionary plans not distributable as dividends.
samflyer Cash rich but only declared dividend once...anyone have any idea if they will declare more dividend during the year 28/05/2018 13:33
I guess q2 should improve with one month to go due to cost plus pricing with moderate feedstock cost dropping plus regional shutdown constraining supply. Crude stable or drop bit by bit is good for this com
In a statement, FTSE Russell and Bursa Malaysia said the reserve list are Fraser & Neave Holdings Bhd, Top Glove Corp Bhd, Lotte Chemical Titan Holding Bhd, Westports Holdings Bhd and AirAsia Group Bhd.
They added that the KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be used in the event that one or more constituents are deleted from the FBM KLCI in accordance with the index ground rules during the period up to the next semi-annual review.
Lctitan never have product come with derivative of Amine. If you look at Titan product,u will know their product mainly are organic polymer with C and H only,whereas the name list under investigation by China are those organic product come with alcohol group and derivative with amine group At least so far I don't see any affect to lctitan
from product list of petronas chemical, do include this Ethanolamines...agree with Her Sin, whereas review product list of titan, i don't see this....btw, not expert in this filed..hopefully no impact to titan
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....
ArchangelAmbrose
112 posts
Posted by ArchangelAmbrose > 2018-05-22 19:32 | Report Abuse
please continue ong. no one stopping you. dont get me wrong,I don't scare also to see people want to jump into the deep blue sea that full of sharks. just here to share my opinion as I see heng yuan in Lct.lol, you make ur own decision.