Posted by bushtrump > 2018-10-04 14:53 | Report Abuse

Many jumping off top of building..sayonara

Posted by chshzhd > 2018-10-04 15:53 | Report Abuse

buying...)

Posted by chshzhd > 2018-10-04 15:54 | Report Abuse

good opportunity to accumulate..

Posted by KiasiPu > 2018-10-04 16:10 | Report Abuse

a lot lelong sales..

Posted by bushtrump > 2018-10-04 16:16 | Report Abuse

GAME OVER

Posted by kyy_superinvestor > 2018-10-04 16:24 | Report Abuse

Citi tp 4.4 then immediately drop to the tp meh...siao

Posted by bushtrump > 2018-10-04 16:25 | Report Abuse

http://www.theedgemarkets.com/article/oil-falls-saudi-and-russia-quietly-agree-output-rise-us-stocks-swell

Posted by ivy88_ > 2018-10-04 16:41 | Report Abuse

Over sold already investor. Because of Citi downgrade, people rush to sell without knowing the fact. It most probably drop due to fear on oil price up + local currency risk. Investor totally forget that world are still shortage of petrochemical finish products. LCTITAN still can increase it ASP price even macro trend is no beneficial. As long as demand overtake supply shortage, ASP price still can increase accordingly to balance out the oil price & currency risk. Investor also forget that the new 200k plant PP3 alrdy start operations on 3rd September 2018 as well, further boost it output production.

Posted by ivy88_ > 2018-10-04 16:49 | Report Abuse

let see as it goes, collect slowly as time goes. Biz fundamental is good, just that oil + currency risk. I dont expect Lctitan this Qtr will drop below EPS 10sen by end of Oct result out. For current price 4.60, it way already factor in all the bad news below.

Posted by chshzhd > 2018-10-04 16:59 | Report Abuse

ivy88 is right!:)

Posted by conqueror > 2018-10-04 17:19 | Report Abuse

+1 ivy88
these day butterfly effect are so strong... time to grab at discounted price at 4.4

Posted by Kpin Yeoh > 2018-10-04 17:27 | Report Abuse

Lctitan sell its product to its mother company, they can increase or decrease ASP as they like. Left pocket to right. Naphta price might not have much impact to its operation cost.

Posted by Calvin882 > 2018-10-04 18:35 | Report Abuse

Don't underestimate the impact of increasing Naphtha price to the cost of production. It's the major raw material to produce ethylene which eventually made into products that Lctitan is producing.

Posted by Larrytrader > 2018-10-04 18:43 | Report Abuse

Naphthalene?

Posted by dompeilee > 2018-10-04 19:02 | Report Abuse

Next stop...4.00 =)

Posted by Slimy > 2018-10-04 19:14 | Report Abuse

http://www.koreatimes.co.kr/www/tech/2018/10/694_256449.html

Lotte Group has been highly concerned over whether the appellate court's upcoming ruling Friday on Chairman Shin Dong-bin's bribery charges will set him free or not, industry officials said Thursday.

Industry officials say Lotte will face huge risks in its businesses here and outside of Korea, if the absence of the top decision-maker lingers for more than a year if the court decides to keep him in prison.
Lotte has postponed its decisions on major M&A deals worth 11 trillion won since the chairman's arrest.

It has also suspended a plan by Lotte Chemical to invest 4 trillion won in Indonesia to build a giant petrochemical complex on land it bought from the state-run Krakatau Steel in 2017. Lotte Vice Chairman Hwang Kag-gyu told reporters in September that many of Lotte's businesses including those in Indonesia have been suspended due to the internal matter.

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3053851

The ruling tomorrow is expected to have major implications for Lotte, and potentially the Korean economy as well. Lotte, with a net worth valued at over 100 trillion won ($89.4 billion) and annual revenue of 90 trillion won, is Korea’s fifth-largest conglomerate.

Posted by lizi > 2018-10-04 19:19 | Report Abuse

drop below eps of 10 cents is not hard, actually lctitan operating profit is flattish only...don't get cheated with their latest qtr number....i see a few here mention about long term investment...hmm....remember petro chem industry itself is cyclical...that's mean time is not on your side...


ivy88_ let see as it goes, collect slowly as time goes. Biz fundamental is good, just that oil + currency risk. I dont expect Lctitan this Qtr will drop below EPS 10sen by end of Oct result out. For current price 4.60, it way already factor in all the bad news below.
04/10/2018 16:49

Posted by lizi > 2018-10-04 19:30 | Report Abuse

the recent scandal involving its chairman, not sure will drive away fund managers...

Posted by SamuelLuke > 2018-10-04 19:38 | Report Abuse

4.58 ??? The factory has fire hazard again???

Posted by SamuelLuke > 2018-10-04 19:43 | Report Abuse

Good chance to buy!!

Posted by KenaTipu_ > 2018-10-04 23:36 | Report Abuse

OTB ctr lose money now.

Posted by KenaTipu_ > 2018-10-04 23:38 | Report Abuse

Why buy LC Titan cannot get 76.56% CAGR in 2018?

Ooi Teik Bee Posted by bluebiznet > Jul 31, 2018 03:17 PM | Report Abuse

He should not collect rm 1000, he should pay few hundred to attend harry teo classes together with those newbies... Learn how to start invest... And what is inveztment

Ans :
This type of records, I still need to learn investment together with newbies.

Assume I started with RM 100,000.00.

2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now RM 1,715,905.00.

I end up with almost 16 times my original investment value. CAGR or Compounded Annual Growth Rate is 76.56% over the period of 5 years which is very impressive.
01/08/2018 23:01

Posted by bushtrump > 2018-10-05 08:02 | Report Abuse

Close shop

Posted by SamuelLuke > 2018-10-05 09:24 | Report Abuse

It is like almost impossible to have seen LCtitan drop to 4.58.... now it seems was not a bad decision to have average down

Posted by Alvin Low Kin Weng > 2018-10-05 09:33 | Report Abuse

Petrochemical yesterday big volumes sell down. Something wrong in this industry

Posted by Wei Wong > 2018-10-05 10:45 | Report Abuse

When last year up kao kao out edi !! This is roller coaster stock no good !! Not much news many hidden things !!

Go into GenM & Air Asia edi !! Ask many people also say now is cheap !! Having offer

Posted by Wei Wong > 2018-10-05 10:47 | Report Abuse

http://www.theedgemarkets.com/article/citi-cuts-lotte-chemical-titan-sell-price-target-rm440

Suddenly say sell off from India all follow sell off

Posted by bushtrump > 2018-10-05 11:25 | Report Abuse

GAME OVER! Kaput

Posted by Slimy > 2018-10-05 12:03 | Report Abuse

#PrayForChairman

Posted by enning22 > 2018-10-05 16:16 | Report Abuse

https://www.koreatimes.co.kr/www/nation/2018/10/251_256515.html
Appeals court suspends Lotte Group chief's jail term Posted : 2018-10-05 16:12Updated : 2018-10-05 16:46
Lotte Group Chairman Shin Dong-bin was released from jail on Friday after an appellate court suspended his sentence on bribery charges.

The Seoul High Court sentenced Shin, 63, to 2 1/2 years in prison, suspended for four years. Shin had been in a detention center since February over involvement in a corruption scandal that led to the ousting of former President Park Geun-hye last year.

The lower court sentenced him to 30 months in prison for giving 7 billion won (US$6.2 million) in bribes to a nonprofit foundation controlled by Choi Soon-sil, Park's old friend at the heart of the scandal, also now in jail.

The appeals court on Friday ruled in line with the lower court's judgment that the nation's fifth-largest conglomerate gave the money to win government blessing for its duty-free business.

But it ruled that Shin made the decision "passively" for fear that refusing Choi's request would hurt Lotte's interests. (Yonhap)
T

Posted by Davidl > 2018-10-05 18:57 | Report Abuse

Waiting at 3.50

Posted by enning22 > 2018-10-05 23:59 | Report Abuse

no way

Posted by blueberg > 2018-10-06 14:12 | Report Abuse

Oversold

Posted by Kpin Yeoh > 2018-10-06 14:37 | Report Abuse

Thanks to citi downgrade and those ppl who critic lctitan manage to collect some yesterday.

Posted by Calvin882 > 2018-10-06 17:49 | Report Abuse

We will know the impact of Naphtha cost to the overall profit by this month qtr result. Just wait and see.

Posted by SamuelLuke > 2018-10-07 01:44 | Report Abuse

Sometime I really don’t mind the critic if not , how would u get below 4.6 at this counter??

Posted by apolloang > 2018-10-07 11:30 | Report Abuse

next few days if dow jones down more u can get at below 4.50

Posted by apolloang > 2018-10-07 11:31 | Report Abuse

oil price up not good for lotte

Posted by RainT > 2018-10-07 16:56 | Report Abuse

Hope the bottom is found ...no more drop please

Posted by trulyinvest > 2018-10-07 18:23 | Report Abuse

Beter u hope lctitan wil anounce good result. Else wil below rm4

Posted by SamuelLuke > 2018-10-08 08:28 | Report Abuse

Better u burn LCtitan factory or it won’t go below 4.5 ...

Posted by bushtrump > 2018-10-08 08:58 | Report Abuse

After technical rebound, downtrend continues

Posted by bushtrump > 2018-10-08 08:58 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/Why-The-Oil-Price-Rally-May-Soon-End.html

Posted by SamuelLuke > 2018-10-08 09:09 | Report Abuse

Isn’t the oil price down trend will benefit to LCtitan share price?? Hmmmmm....
https://oilprice.com/Energy/Oil-Prices/Why-The-Oil-Price-Rally-May-Soon-End.html

Posted by RainT > 2018-10-08 16:04 | Report Abuse

No need burn factory

Now already 4.50

Soon will below 4.00

Posted by alex89 > 2018-10-08 16:07 | Report Abuse

Lol... Gonna test for 3.80 ?

Posted by RainT > 2018-10-08 16:07 | Report Abuse

Gone case .....

Everyday drop drop

Get cheaper n cheaper more ,

Now price over than ipo price ...habis

Posted by Calvin882 > 2018-10-08 19:44 | Report Abuse

Oversold territory now

Posted by 6stars > 2018-10-08 19:48 | Report Abuse

Time to accumulate.

Posted by trulyinvest > 2018-10-08 19:49 | Report Abuse

Samuel, u so cinfident ah. Now, no burn factory oredi rm4.50. So,how? Kikimkk