Bursa Malaysia (KLSE) Stock Investment Portal

Hi cheated. Yes, with KLCI up, majority of my stocks went up, to offset the reds and yes, my portfolio made new all time high again today, even with LCTITAN down 5 sen.

That is the beauty of a highly diversified above average quality businesses. No one single stock dominates.

Unfortunately, i3 has deleted all references to my blog. That's fine since I blog mostly for my own future reading and future reference. It reduces my sharing but I respect i3's wishes.

Whilst LCTITAN drop 5 sen, my other stock UOADEV went up 5 sen and I own more shares there than in LCTITAN, hence, that helps. But it's now behaving as I expect, so, curious to see how much lower LCTITAN can get. Times like this, as it approaches accumulation zone, this is an opportunity.

3 weeks ago

All time low 0.975. Traders will be eyeing price action near here.
Given the downward momentum (huge fear), my tembak sense say maybe 50:50 chance we may see a new low, if RM1 round number support doesn't hold.

Apparently, market likes to make new low to trigger traders stop losses below there. I don't know and don't care.

If it does get there, then, maybe got some chance we might see capitulation i.e. big drop down fast and recover fast. This is because today's candle length is longer with bigger volume.

So, the question for this week is will tomorrow be even longer red candle with even bigger volume?

Traders love capitulation because this is when you make fast monies as a trader.

3 weeks ago

Jonathan Keung

Technically still negative. Strong possibilities of Lctitan testing new low below 95 sen. A few IBs have put the TP at 90 sen based on widening losses for 2 ND quarter assumption. For momentum day traders try not to catch a falling knives . Lctitan not for trading prepared to hold 1 or 2 years till the plant is completed

3 weeks ago

Markv572421

Pity Lctitan.......

3 weeks ago

MG9231

ipo above $5 , since then diarrhea

3 weeks ago

Plantermen

There must be a strong reason or compelling factor LG Korea have decided to dispose off their subsidiary LCTITAN which they have invested

3 weeks ago

Plantermen

They are not telling us except for the standard reply. Weak demand and over supply

3 weeks ago

My accumulation order at 1.00 was filled. Basically bought nearly 40% of what I previously sold at 1.4x. I didn’t buy 100% because a larger part of me expects more downtrend. This is part of a longer term strategy. Not expecting anything to happen in near term except for lower prices.

3 weeks ago

Plantermen

Best of luck to you.... Bro. Need to stay away and see whether the IB jokers TP price prediction of 90 sen can materialised

3 weeks ago

Thanks Plantermen. I'm indifferent to the outcome of this one trade, as I own many stocks.

Still, today closed at 1.00 with almost equal volume as yesterday. 4 red days. Usually, 5th day should be red (majority odds). However, today was not capitulation but slowing down, with only 2 sen from Open to Close. Not common to see a big capitulation after today's move down.

So, if extend, majority odds tomorrow might see 98 sen. My position here is still significantly underweighted at around 2.36% of portfolio (target is 3%), as my total portfolio made new all time high again today! Expected as KLCI is strong, to land at 1605!

3 weeks ago

Serbadinamik 2.0

Runnnnn....

2 weeks ago

azfar8

Any new suggestions if run from here?

2 weeks ago

So many......grab glove stocks........airplane aax capitala.....

2 weeks ago

azfar8

Is it still not too late to enter at this moment?

2 weeks ago

privatisation is on the cards. think can accumulate :-)

2 weeks ago

Below Rm1 is really a good deal to buy

2 weeks ago

The last time it privatised was 1x book value in 2010.

2 weeks ago

stevenckheng

NTA 5, P/B 0.2 , apa jadi ni

2 weeks ago

will be taken over soon

2 weeks ago

Taken over by who ?

2 weeks ago

Rio2814

What will be the take over price?

2 weeks ago

LCT has expanded tremendously with completion of Indonesia LINE project, so its a very god proposition for take over. Its fixed assets is now RM17 bil. At current market price, its a good accumulation.

2 weeks ago

I just posted an article on LCTITAN here, sharing my trading idea.
I'm patient and can wait for 1, 2 or 3 years for my trading idea to come to fruition. If it happens within a few months, that is a bonus to me.

1 week ago

Take over soon? Haha ...

1 week ago

(sorry ... a company that is about to be taken over soon will have a completely different price action than what's printed so far ... quite certain there is no take over soon).

1 week ago

Don't be greedy. I've seen fundamental stocks priced at P/NTA = 0.2, then, fall to 0.1, i.e. 50% fall from current price. Nothing is impossible.

1 week ago

kl_guy

when bull run , any stock will also move. lctitan is oversold . short term can goreng

1 week ago

A week plus ago, Jonathan shared "Strong possibilities of Lctitan testing new low below 95 sen." This is a common TA trader view back then as it was downtrending, so, majority odds.

Subsequently, it printed a higher low of 0.985, 0.5 sen higher than the normal expectation of 0.98, which I mentioned. The fact that it didn't happen means market knows how TA traders thinks and moves ahead of them.

However, because market knows that we know, so, market thinks another step ahead typically. I.e. typically 2 steps ahead of TA traders.

Meaning, 0.985 might not be the low - I would say 30%-40% chance it could revisit this.
Whereas the chance of touching 1.46 within next 12 months, IMHO, is slightly better than 40% chance.
Vast majority of the time, it's going to try to exhaust participants first, before it makes its move.
The odds add up to more than 100% because price revisits same levels many, many times.

1 week ago

I collect some lah. Enough for kfc

1 week ago

kl_guy, that's true and very common.

1 week ago

Jonathan168138

I love recovery play, put this in radar first.

1 week ago

kl_guy

LC have a gap down from rm1.46 .
theorically price will move back to cover that gap . So you have patient , can wait for the rm1.46 level.

1 week ago

Nice

1 week ago

Sslee

Indonesia is likely to start operations of 22 petrochemicals projects from 2021 to 2025, mainly driven by strong demand for plastics and fertilizers, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Petrochemicals New Build and Expansion Projects Market Size, Share & Trends Analysis report by type, region, key commodities, and key countries forecasts and analysis 2021–2025’ reveals that out of the 22 projects expected to commence operations in Indonesia, four will be methanol projects, followed by three polypropylene projects.

Bhargavi Gandham, Oil & Gas Analyst at GlobalData, comments: “Indonesia, one of the largest economies in Southeast Asia, is witnessing strong demand for petrochemicals, especially for plastics and fertilizers. Indonesian government plans to minimize dependence on petrochemicals imports by promoting the domestic petrochemical sector to meet the soaring demand.”

Among the upcoming methanol projects in Indonesia, the Air products Bengalon Methanol Plant project leads with a production capacity of 2 MMtpy. The project is expected to start operations in 2025.

GlobalData notes that among the upcoming polypropylene projects, the PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant project and Lotte Chemical Corporation Cilegon Polypropylene Plant project lead with a production capacity of 600,000 tpy each. The PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant is expected to start operations in 2024 while Lotte Chemical Corporation Cilegon Polypropylene Plant will commence operations in 2025.

1 week ago

Sslee

With a lot of overcapacity. When will Lctitan turn around?

1 week ago

More likely to sink like serba

1 week ago

buy now, accumulate at this low

1 week ago

https://klse.i3investor.com/web/blog/detail/targetinvest/2024-05-20-story-h-161523509-HOW_LCTITAN_CAN_BE_ROPING_INTO_THE_GREEN_HYDROGEN_ECOSYSTEM_WITH_TOLUEN

1 week ago

Do you on LCTITAN ?

1 week ago

stonksss

Very interesting on MCH

1 week ago

stonksss

With below rm1 LC Titan is definitely very interesting stock

1 week ago

stonksss

Green energy + Lotte + it hasn't gone up yet

1 week ago

Hydrogenation of toluene:
CH3 C6 H5 (Toluene) + 3 H2 (Hydrogen) → CH3 C6 H11 Methylcyclohexane

LCTITAN produce Toluene

1 week ago

ratz

https://theedgemalaysia.com/node/712398.
Anwar’s biggest deal with Japan!
Will Malaysia supply hydrogen to Japan & LCT the biggest supplier?

1 week ago

To add on your info, targetinvest, toluene is used in making paints, paint thinners, fingernail polish, lacquers, adhesives, and rubber and in some printing and leather tanning processes 🙂

1 week ago

https://klse.i3investor.com/web/blog/detail/targetinvest/2024-05-23-story-h-161456242-MALAYSIA_HYDROGEN_ECOSYSTEM_LCTITAN_MISC_M_G

MISC up
Dialog up
M&G up
Lctitan not yet up...

1 week ago

Need patience. It will be LCtitan's turn to goreng up

1 week ago

8u29song

what's happening...

9 hours ago