I was told by the one glove company owner, lctitan is one of the supplier.

The beauty about stocks investing is that you can unwind your position and move on to change to new exciting situation. Cant imagine if you are the owner of Genting and AirAsia, you cant do anything other than to pray the situation turn better. But we can turn by taking advantage of the new situation.

@borntospeculate, is absolutely correct! Don’t put in good money continuously into bad situations stocks, they are not bad stocks but their situation there are in is very unfortunate. So I would unwind the position to put into something like LCtitan now so that the limited resources can be use Toto regenerate positive return or else we forever tied to that bad situation.

The minutes you saw that old hack bragging, it’s time to sell!

$3 to $4 price range,

You can’t make much money purely based on good fundamentals alone. You need catalyst to ignites it and the tail winds to follow through. Just like Gloves stocks now but I had achieved my target I moved on until dead chicken said worse over for LCtitan in his blog. And the catalyst for this stock is what I have posted and others had said earlier on in this forum. The tail wind happened to be inclusion into MSCI. They are many other stocks also included but they lack the catalyst I mentioned. Ride this through 3-4 is within sight.

You dare to take risks but you dare not see it through to win?

not forgetting xterrorsinx and stock raider. hopefully the healthy spread will see it through 3-4 soon after 2qtr

you must give credit to dead chicken, born to speculate, titan and many more, i started following their constructive view first.

You can see these fellows as if paid by GP pushed so hard as if it belongs to their lim beh!

The refinery crack went from low to high in 2017 and subsequently dropped till now guys. It’s all about refinery margin not the distribution that make much of a difference unless you have the biggest distribution like Petronas .

In the meantime, with the plunge in oil and naphtha feedstock prices, integrated PE production in Europe is seeing renewed profitability, completely flipping the US advantage.

European spot high density PE (HDPE) margins using naphtha feedstock have rocketed to $1,069/tonne as of 27 March, according to ICIS Petrochemical Analytics. That compares to $574/tonne for US HDPE using ethane feed. Asia HDPE margins using naphtha were $565/tonne, running neck and neck with the US now after being negative through much of November and December 2019.

Global PE margins

The dramatic drop in crude oil prices has turned everything on its head - the US petrochemical cost advantage in particular.

“The ethane advantage US producers had is gone. Lower oil means lower naphtha and lower European production costs, so the once advantaged US is not advantaged anymore,” said O’Connor.

This presents a problem for US polyethylene (PE) producers in particular who have ramped up capacity with worldscale cracker projects for the export market.

“It all depends on what the price of crude oil is long term,” said Sheehan. “Crude oil would have to get back above $50/bbl for some of these large projects to make sense economically and I’m not optimistic about a return to $50 anytime soon.”

“On capacity additions in the US, a lot of them are being slowed down or postponed… We’re seeing this across the board - not just in the ethylene chain… Many companies are announcing that they’re reviewing and assessing their capital spending plans for 2020 and if the crisis were to continue in 2021, we would probably see the same thing next year,” he added.

How is the HDPE/PP spread now?

why harping on genting now, buy lctitan. make the money from there first then come back when casino is open. LCtitan can go up tp 3 easily.

gloves fairly valued already but petrol chemical companies is on the upward trend. don't miss this opportunity. back to 2.5-3 channel very easily!

no need good news to move back up to 3 level. its only natural progression. MSCI inclusion will lift up the buying by those funds following MSCI index. come 2nd qtr reporting the healthy spread in PE/PP will rerate the stocks back up to 4/5 level.

Once under MSCI, lots of funds will start to buy unlike before this volume is quite small now volume will start to build up. Soon 2 is history. Anything below 2 just hold till 3

Who said tencent work with GPac?

https://twitter.com/theedgemalaysia/status/1265612732851601408?s=21

https://www.nextinsight.net/story-archive-mainmenu-60/943-2020/13520-which-company-had-pandemic-word-in-its-annual-report-every-year?idU=1

there is another another company MEDTECS INTL duo listed in TSX and SGX
valuation only 4x 2020. price differences in Taiwan TWD6.91(SGD0.3275} and SGD0.192. same company, same shares.

riverstones SGX listed profit margin is about 12-13% but valuation only 20X 2020 compare to Malaysian listed net margin of 7-9% but valuation range from 35 to 45X 2020.

https://www.investopedia.com/terms/g/greaterfooltheory.asp

https://www.investopedia.com/terms/g/greaterfooltheory.asp

So chai, Kendall court bot low price at 20 cents you buy now at 1?

Google to read about the Greater Fools theory before we dable in stock market

They are called Anal-lyst, they always ask you to buy overvalued stocks like Gloves and underrated value companies like this and LCtitan

that is exactly the same reason i bot this stock. i don't buy a stock for mere 30% gain. if i don't see 100% its no go. and i go in big position. i once saw this stock at IPO and looking at the prospectus, i tell myself its going to turn bad, never thought so badly hit and i forgot about it until recently. for the last 2 years i only go for gloves stocks and now this is my only focus. i hope i am right.

so u r the company promoter

Newbie must search what Greater fools theory is all about

That is the price to pay to learn how to speculate

When the price dropping like this, it tend to suck in more fools and greater fools than when they push up the stock.

heard of THE GREATER FOOLS THEORY?

major shareholders selling la

When they can start operating ,IF, only talk

Buy at 70/ below

With this kind of valuation, just keep it and will be safe. Unlike when ipo

With this kind of 15 years good performances can get meh?

Do you know how difficult to pass through BNM assessments to get banking license?

Once they got their ass burn, they only realize la

Telling people don’t buy is futile

Fcuk, got fcuk again again and again for 15 years

i don't think company performance is based on level of oil prices but more on the demand supply dynamic of the economy toward the oil derivatives products.

sell 1.20, buy 1.50 on Monday?

One very bullish house is coming out a report to 14.

if tencent is it, then nothing can stop it to 5 but not immediately. but if its only name calling then good bye.

pe 37 2020 not 70 as claimed, bec going to announce near double qtr profit.

rhb target 13

why people don't buy Gpac-wb 0.515 21.7% discount lol by right it should be trading at premium 77 to 80 cents.

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May20_SCPublicList.pdf