I don’t see any stock potential other than this so far, that is according to my observations. If anyone can share a stock can have >100% gains please let me know.

If we don’t get stocks that can give us more than 100% gain, I rather keep cash. Getting the winning stock is not just about fundamental of the company but more importantly the circumstances surrounding the operating environments like Gloves stocks with Covid-19 threat. But this stock has all the ingredients for a perfect storm to ignite it to higher level. First its good value, buy cash for cash but close to zero valuation in the business model. And still pay dividend showing the management is very confident going forward.
Second, it has gone through the squeeze in margin as at last year and now have rebounded to a very healthy level.
Third the rebound in margin are due to contraction in supply and low feedstock and substantially increased in demand due to COVID-19 demand for protective equipments PPE. The threat of 2nd and third as alluded by WHO further amplify the demand for PP/PE in PPE. They are also supplying to gloves companies.
Fourthly, with the economy reopening up it will certainly drive more demand for PP/PE as people are now more concern now with packaging needs.

Anymore advantages?

This is my 30 years hard knocks experience where business / investment school don’t teach you.

When u buy a stock it’s better that all analysts call a sell in it but if you can see the upcoming future results improving. Then when the analysts are convince then turn bullish.

Bingo! There you have it 3 baggers (300%)in return!

If you buy when analysts are super bullish, what it’s for us? So so return, my as well buy Public bank.

Last year was 31/7

And book value is 5.40! Ya it doesn’t mean anything if it’s not making money. Let see the coming Qtr.

Ya we really don’t know why some people buy or sell but you must have strong Conviction. As it’s now you are merely buying a company for Free and with a complex 40% fully integrated ethane back pet chem from USGulf coast with access to competitively prices feedstock and established O&G infra and logistics. Lct Pasir gudang only derives 50% of its operating earnings which have better advantage than Petronas Chemical. So Lctitan can compete much better than PetChem than some guy have alluded and much cheaper valuation. Not to mentioned it has 51% Indonesia future capacity coming on stream 2021. So you are only paying something for free. What is the problem here. Someone always said buy what you know, but this is what I know very well. Just buy it.

Throughout my experienced, I have always bet against the market and the analysts bec I always look forward 6 to 9 months ahead the factors affecting their coming performances. You need to do that to beat the market to have hefty return or else you are only follow market. This stock is what I am looking for for the last 4 years. To me the sweetest achievement is to get right and making money is also very important but secondary.

See my past comment on the spread.

No worries guys, I am watching the spread via my Bloomberg. Very healthy margin. Nowadays analysts don’t know how to analyst the factors causing the future performance. I am in it Big position. I am more concern than you man.

I find the James report are merely stating past performances reviews without looking into why and what are the key factors determining the future performance of the company. Utter waste of time reading it.

I was quite disappointed when it shot up from 1.8 to 2.5 and I didn’t buy enough. But since it dropped like rocks I managed to buy on the way down. I am still buying. I am not shaken by sell down. If you believe all the things we talk about the company, this the time to BUY and buy when it go down again. I doubt it can go down further. Have fun!

No worries this week HDPE prices bolstered higher in Asia attributed to former imports offer from overseas suppliers coupled with Bullish upstream energy and ethylene rates. This was further supported by improved buying sentiments in the region.

落花流水

Expecting correction to 13

At this price expectations is 300m from 116 m last qtr, I think that is only achievable in next Qtr instead of last Qtr. Expecting 220m

Most likely disappointing

Considering now all countries are now taking preventive measure from 2/3 waves as expounded by WHO the demand factor for Pp/PE in protective materials are very strong and supply still not recover from disrupting in oil crashed and closure due to maintenance and lockdown.

In 2014,2015,2016 peak at 800 spread. Considering we are now recovering from Covid19 430 is very encouraging.

HDPE spread is still very healthy and strong despite oil move from 10 to 40. Jan only 200 high On April 520 May 452 and now June 430 and sentimental still bullish.

Buy buy bye bye good bye sell sell SELL

Latest Ethylene prices inched higher in Asia due to Higher Upstream costs and Stronger regional Buying sentiments. Reports of Limited regional product avails and Bullish downstream PE pricing trends, further supported the price.

Latest Ethylene prices inched higher in Asia due to Higher Upstream costs and Stronger regional Buying sentiments. Reports of Limited regional product avails and Bullish downstream PE pricing trends, further supported the price.

It’s the spread that matter, it spread will maintain even if oil and naphtha move up if the market demand and supply of PP/PE are intact. Last year there is an excess supply from US and weak demand due to trade war. But this year there is an disruption on US supply and huge demand of protective equipments due to Covid19. Furthermore when Oil rebounded it’s also due to market opening up from lockdown and economic cycle recovery hence there will be more demand for PP/PE as these are daily essential ingredients for consumers goods. So we are expecting at least a healthy SPREAD going forward. So be steady and stay invested in LCtitan and Pchem.

It’s the spread that matter, it spread will maintain even if oil and naphtha move up if the market demand and supply of PP/PE are intact. Last year there is an excess supply from US and weak demand due to trade war. But this year there is an disruption on US supply and huge demand of protective equipments due to Covid19. Furthermore when Oil rebounded it’s also due to market opening up from lockdown and economic cycle recovery hence there will be more demand for PP/PE as these are daily essential ingredients for consumers goods. So we are expecting at least a healthy SPREAD going forward. So be steady and stay invested in LCtitan and Pchem.

investors talk with their money, analysts talk without capital.

so now is the time to buy LCtitan and when they turn bullish the stocks

throughout my trading experienced, i make the most money from the stocks where Anal-ysts downgraded the stocks. i still remember i make 3 times from AAsia when they downgraded it and sold when they are super bullish! see Gloves stocks now, they re Super Bullish. see the outcome later.

Like this stock I bot at 1.5 and I have been adding till 2.30 and I will continue to add to 3 bec it’s a confirmation of good pick.

When we do investing, we add on to the winners and cut the losses. That is how you will maximize the gain if it’s proven a good stock

That will be great news! How you know?

if you believe PChem can go back to 9 can buy CW49 cheapest exposure

just look at pchem price now, wonder where the analysts should hide his face now for asking to downgrade to below 5!

wow, deadchicken that is excellent update, keep buy lctitan convincingly before the next moves.

the ironic company with 15 years disastrous records want to get digital banking licence unless our bank negara is a banana central bank.

Banking licence? Tencent? The old memories WiMAX, P1 still lingers for 15 years. Many still got stuck with old shares

i would buy gloves again if can drop topglove 10, comfort 2.50, harta 9.50, supermax 5.

very assuring news flow as described by deadchicken. keep buy

From dead chicken https://polymerupdate.com/news/Home/30May2020/1061769/ethylene-prices-bolster-higher-in-asia

Eggs price have recover

Moving on to subsequent quarters, we believe poultry prices will be slightly lifted by demand from restaurants as dine-in operations restart. We believe the growth for FY20F will be largely driven by LHI’s expansion plans. We believe that the long-term outlook for LHI is positive due to relatively stable demand of chicken and strong longterm earnings growth underpinned by expansions of the feedmill and livestock businesses in Malaysia, Vietnam and the Philippines.

COGS was lower at 73% where it dropped 2.4ppt YoY as raw material prices were favourable. Corn price fell 18% YTD while soybean slid 9% YTD. These raw material prices are expected to remain low in FY20 due to weak global demand. However, gross margin expansion arising from lower raw material pricing is only temporary as the cost savings will eventually be passed on to the customers. To me is the most important!

LHI experienced improved sales volume in its feedmill segment, which grew 5.2% YoY, +1.3% YoY to 120.4mil of DOC chickens, +9.8% YoY to 32.6 mil broiler chickens and +1.7% YoY to 434.9mil eggs.

LHI experienced minimal disruption in its production and supply chain from the onset of Covid-19 pandemic as poultry production is considered an essential service. The group is not expecting any significant impact to overhead and operating expenses in relation to the movement control order (MCO)

Costs of raw materials are expected to remain low in FY20F due to weak global demand for wheat products.

anticipate earnings to come in stronger in 2H20, on the back of recent recovery in broiler prices (particularly, in Malaysia).

Don’t forget teoseng too

Buy at this price till ipo price. Or else you regret it. Chicken prices and egg prices have recover, INDO doing well and Vietnam well also.

The most important is the PP price still very strong and naphtha is still low.

No worries, good time to accumulate more. Be patient after moving from 1.90 to 2.50 surely got many profit taking. Actually it move so fast that I missed out buying. So now good time to buy.

X

The key is the price of HDPE spread has rebounded to pre 2019 level. That in 2019 the spread narrow substantially the price drop to below 2. Now that the spread has gone back up to pre 2019, it’s not impossible to go back up to 5. Technically they is not much resistance till 3. So enjoy the ride.