LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.745

Today's Change

-0.015 (1.97%)

Day's Change

0.745 - 0.76

Trading Volume

1,389,600

Market Buzz
Discussions
17 people like this. Showing 50 of 12,789 comments

speakup

How come results so bad no limit down?

2024-08-01 12:01

Noni

Because Titan does not fall easily.

2024-08-01 19:59

curiousq

will probably become penis stock again 😢

2024-08-02 16:23

calvintaneng

Will suddenly fall like Rapid

After our warning on Rapid at Rm27.90 they did not listen to kind warning

Then?

Then Rapid rapidly crashed below Rm1.00

Now last call to sell Lactitan

2024-08-03 19:30

Nepo

Sinking ship..

2024-08-04 16:55

targetinvest

LCTITAN - looking for a buyer in a niche industry with integrated complex only able to see operational profit

Petronas - lose of revenue and income from handing over Sarawak oil and gas business to PETROS. In search for asset to replace lose of income and revenue, and plan to put emphasize into specialty chemical. LCTITAN fit directly into the missing jigsaw puzzle of Petronas..

Will the 2 shake hand?

2024-08-12 16:50

cbkia4896

Dont push with speculation first. Let this stock tidor dulu pls

2024-08-13 15:57

cbkia4896

Press down gao gao first to 60-80 sens region

2024-08-13 15:58

targetinvest

Train starting to move

2024-08-21 17:14

jinxstock20

Ya, it breaks through Rm1 again

2 months ago

Lsly88

the more he hard sell this LC,the price dropped further..55555

2 months ago

targetinvest

Yea.. have to thicken my face skin to reveal the potential value

2 months ago

jinxstock20

Nice sharing, targetinvest 👍👍

2 months ago

uchitech008

Targetinvest always gives the best tips.

2 months ago

Lsly88

surprisingly that strong promoter of this lc so quiet for the last 2 weeks and the price is recovering now..so its better for him to remain quiet till $2..5555

2 months ago

targetinvest

Got promote.. in telegram promote 0.98.. tats why go up lo

2 months ago

speakup

CASINO DE BURSA is back!
Bet small, win small
Bet Big, win Big
Ini kalilahhhhhhhhh BFM (Bet For Malaysia)

2 months ago

uchitech008

Lctitan, are u ready?

1 month ago

targetinvest

Waiting petros petronas development to see more action in petrolchemical industry

1 month ago

cbkia4896

goneeeee

3 weeks ago

stevenckheng

falling of titan :(

3 weeks ago

Nepo

Lotte Chemical to Liquidate Malaysian Synthetic Rubber Unit LUSR

3 weeks ago

beluga

According to the Korea Petrochemical Industry Association, China accounted for 42.9% of Korean petrochemical companies’ exports in 2020. That proportion fell to 36.3% in 2023 after Chinese petrochemical companies began aggressively investing in facilities starting in 2020.

China’s ethylene production surged 60% to 51.7 million tons in 2023, compared to 32.3 million tons in 2020. Its production volume is projected to grow to 56.0 million tons in 2025, according to industry observers.


China is 100% self-sufficient in its supply of basic petrochemicals such as ethylene and propylene, referred to as the rice of the industry. Its supply is forecast to exceed demand by 20% in 2025.

What's worse, China is dumping its products in Malaysia and other Southeast Asian markets to make up for reduced demand at home.

In the market of intermediate feedstocks such as paraxylene and propylene, which generate higher margins than basic petrochemicals, China is also emerging as a stronger player.

It is projected that China will meet all its needs for intermediate petrochemicals without imports by 2025.

Due to the supply glut, the ethylene-naphtha spread, or the difference between the prices of ethylene and its raw material naphtha, halved to $195 per ton in February this year, versus $398 in 2021. Its break-even point is about $300 per ton.

https://www.kedglobal.com/mergers-acquisitions/newsView/ked202403060014?_gl=1*m3inle*_gcl_au*MTg3MTcxOTI5OC4xNzMwMTgyMDY5

3 weeks ago

beluga

Whether it is steel, solar panel, EV, petrochemical, etc once China decide to be in the business, all you can do is to pray for survival, sell with any value you can get to the next bigger fool, or lobby for protectionism measure ( government to impose high tariff/tax on Chinese goods)

3 weeks ago

beluga

Lotte Chemical also plans to restructure the organization by selling ineffective assets and giving up loss-making businesses to improve its free cash flow by 5 trillion won by the end of 2025.

The South Korean petrochemical industry has been suffering from the rapid expansion of Chinese competitors amid oversupply and dwindling demand in the global market.


Lotte Chemical embarked on the process of selling its Malaysian unit Lotte Chemical Titan Holdings to scale back petrochemical operations.

https://amp.kedglobal.com/petrochemicals/newsView/ked202407050015

3 weeks ago

Potato

How come Qtr report not out?

2 weeks ago

Harryww

Klse should query the company about the delay. Necessary actions should be taken for the delay.

2 weeks ago

jinxstock20

Still has grace period for LCtitan to announce QR ?

2 weeks ago

AFI6065

Based on info from website the Q3 report will be publish tomorrow 06/11/24.

2 weeks ago

ironrobe3388

pchem . sharp drop. expect the worse for lctitan.

2 weeks ago

curiousq

record breaking cheap again?

2 weeks ago

speakup

aduh!

2 weeks ago

xiaoeh

this business not making money
long time ago they already exploring sell the business
no potential buyer to risk their capital...

2 weeks ago

Amazonboy

Indonesia is their only hope...if not bungkus

1 week ago

Nepo

Cannot earn money + company and directors no background, definately die die..

1 week ago

Markv572421

hahahahah....close shop company !!!

1 week ago

thesteward

Some party kept promoting this at rm1.1+

1 week ago

cbkia4896

Hah 60-80 sens region incoming

1 week ago

mangkal1

This company going bankrupt soon. PN17. Congrats

1 week ago

stevenckheng

NTA dropped from 5 to 4 just in 3 quarter, cannot look at that anymore, mostly useless assets

1 week ago

Lsly88

surprisingly the lonely promoter is totally quiet now and missing in this forum liao..rr alreay???

1 week ago

targetinvest

I steady punya. Continue hold him until die together.

Now lctitan got shortselled by IBs.. those who come out with damaging report will be the one doing it.

Last time airasia did kena shortsell from rm3 until below rm1. After that, go back up fiercely again. In next 6 mths

So look at next 6 mth, around april may june 2025 already

1 week ago

jinxstock20

Catch falling knife at current price ?

1 week ago

Nepo

You definitely steady.
If I were you, I definitely cut lose and move on.

1 week ago

Plantermen

LC titan not so positive market outlook. Look at Petronas chemical with parent company { Petronas} backing them up. has forecast a gloomy outlook for the industry coming 1-2years. LCtitan with heavy financing & borrowing costs of 11 billion would faced much more hurdles. Even selling off their Indonesia factory would not mitigate current dire situation. Without any injection or new capital pump in. Strong possibility of ending up like rumors of LC titan in Korea having a moratorium short of disposing assets {fire sale of assets} not a good time for the industry

9 hours ago

kl_guy

lower the better . waiting for bottom to form.

9 hours ago

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