major chemicals facility not even completed,then what you expect.go somewhere else.lct is for investment , not for short term speculation.go electronic stocks they are hot like fire
by year end the quarterly report will show the result of these increase productions and profit/loss from this newly operating production facility.if as expected petrol chemicals products are in great demand,then good lah.
latest statistic department data shows,two sectors is doing well in our economy, one is electronics , the other is chemicals/ petrolium, and other sector , just so so.
enning22 hope your wish come true.... this LCtitan is a long term counter not mid or short term.... means hahaha gotta wait long long long time ....my target wait till next yr Chinese new yr to come .....
enning22 hope your wish come true.... this LCtitan is a long term counter not mid or short term.... means hahaha gotta wait long long long time ....my target wait till next yr Chinese new yr to come .....
Is Lctitan' business consider as cyclical business?
If so, what is the indicators that we can reference as the upside or downturn? What would you look at:
- Product price trend (compare Highest and Lowest in history), - Demand (is the trend gaining or losing), - Economic condition of buyer market (plastic is the indicator of wealth, high demand can be substantiate by financial capability) - Competitor analysis (who is doing something similar and do they have similar trends in earnings?
lincm86, if what you mentioned are those only concern then LCtitan is perfect for investment, however reality is this counter something goes haywire the share price just don’t go up..... hahaha
The price drop recently due to the fake news..... now the management boards made such announcement should bring back the investors confident, looking forward the price go back up to RM 6!
Slimy .....“Referring to the above, the board wishes to clarify that there has not been any suspension on the IPF Project and it is currently at the final stage of the Front End Engineering & Design (FEED) study. In parallel, the company has been working on the environmental impact assessment and undertaking other activities in relation to the IPF project,” Lotte Chemical said. “Referring to the above, the board wishes to clarify that there has not been any suspension on the IPF Project and it is currently at the final stage of the Front End Engineering & Design (FEED) study. In parallel, the company has been working on the environmental impact assessment and undertaking other activities in relation to the IPF project,” Lotte Chemical said.
PETALING JAYA: Lotte Chemical Titan Holding Bhd has clarified that its integrated petrochemical facility (IPF) project in Indonesia has not been suspended, as reported by two Korean news portals.
The group, in an announcement to the stock exchange, said the information in the reports dated Sept 10 and 11, 2018, relating to the company and the project were “incorrect and misleading.”
The reports had stated that the IPF project had been “suspended”, “halted”, or “made little progress”.
“Referring to the above, the board wishes to clarify that there has not been any suspension on the IPF Project and it is currently at the final stage of the Front End Engineering & Design (FEED) study. In parallel, the company has been working on the environmental impact assessment and undertaking other activities in relation to the IPF project,” it said.
It added that the project was being managed and supervised by the company, and that major changes to the project, if any, would require prior approval from the board, of which, 50% are independent directors.
I see that LCTITAN clarify the news, but they did not say the arrest is not correct. Only the plant progress is not affected.
Is the drop of share price reflecting the loss of Lotte Brand equity and the confidence in the management of Lotte group (Not LCTITAN itself but association to the group).
this is the same old case ,golf-course-land for missile base of the military, and in exchange for duty-free shopping license ,this has brought about, many unexpected consequences,charged as bribery for instanse.
Haha, different things every year. Well I guess if they continue to chunk out good profit via good management and operation then should be fine long term. Have dividend policy some more.
Don't know how to see the relationship between buy and sell volume but someone is catching the stocks from throwing further down, quite a substantial volume (compare to typical day) got throw to buyers at 5.00, 5.01 and 5.02. Does that mean lots of people are losing interest in this?
14 Sep 2018 Total Volume 14,357 (Lots / 100 Units) Total Value 7.20Mil
you know it is a good cash cow company when major shareholder hold higher than 75% and does not want to sell it extra shares to meet public shareholding spread of 25%, maybe if the market push the price higher, only then they will decide to slowly sell the extra 1.03%
the price of rm4.9x is quite attractive to me. The improvement of ASP, the operating of PP3 on september and improvement of USD could be the booster for the coming quarter result. How you guys think? I think price below rm5 has nothing to lose, should be a comfort price to hold.
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....
enning22
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Posted by enning22 > 2018-08-28 12:13 | Report Abuse
major chemicals facility not even completed,then what you expect.go somewhere else.lct is for investment , not for short term speculation.go electronic stocks they are hot like fire