robert168 556 posts | Posted by robert168 > Oct 31, 2019 2:53 PM | Report Abuse gg.com |
toto 1140 posts | Posted by toto > Oct 31, 2019 4:12 PM | Report Abuse Walao eh, luckily I cut loss long ago alrdy |
ESHARES 52 posts | Posted by ESHARES > Oct 31, 2019 4:38 PM | Report Abuse Cut loss at 4.3, thanks to BIMB earning warning. |
Choivo Capital 3191 posts | Posted by Choivo Capital > Oct 31, 2019 6:05 PM | Report Abuse Quite satisfied with the results, in line with my expectations/understanding for the business. |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Oct 31, 2019 9:51 PM | Report Abuse Next to drop... DY, NTA. Current assets is ridiculously high, what is the indication? Is it indirect lending to others without any cost for them? |
T800Terminator 1291 posts | Posted by T800Terminator > Oct 31, 2019 10:35 PM | Report Abuse 180 is a good bargain. |
Tkeng 112 posts | Posted by Tkeng > Oct 31, 2019 11:47 PM | Report Abuse T800Terminator 180 is a good bargain. I'm gradually buying now since public spread not met. Extension till January 2020. Hopefully something to spur interest. Or else go private. Risk is all yours. |
ESHARES 52 posts | Posted by ESHARES > Nov 1, 2019 9:13 AM | Report Abuse At this earning, fair value is 2.00 |
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Elfkone 68 posts | Posted by Elfkone > Nov 1, 2019 9:47 AM | Report Abuse https://www.theedgemarkets.com/article/eagle-us-exercises-call-option-raise-stake-lotte-chemical-titans-us-plant |
kahsoon888 532 posts | Posted by kahsoon888 > Nov 1, 2019 7:25 PM | Report Abuse Can I know this stock was dropped from RM4 something till rm2? |
kahsoon888 532 posts | Posted by kahsoon888 > Nov 1, 2019 7:30 PM | Report Abuse Last time CIMB analyse sohai gv TP Rm7....Hahaha.... Luckily run fast ...If not lose till underwear also need to sell |
LKOH 302 posts | Posted by LKOH > Nov 3, 2019 8:48 PM | Report Abuse is the worst over? I doubt so |
Ekkram 464 posts | Posted by Ekkram > Nov 4, 2019 11:38 AM | Report Abuse people still burning their hard earned money on this counter... |
Ekkram 464 posts | Posted by Ekkram > Nov 4, 2019 11:39 AM | Report Abuse From 5ringgit to rm2.40, that is a lot.. |
robert168 556 posts | Posted by robert168 > Nov 4, 2019 11:55 AM | Report Abuse let see can get around 2 |
ks55 2001 posts | Posted by ks55 > Nov 4, 2019 2:51 PM | Report Abuse Posted by ks55 > Apr 29, 2019 10:23 PM | Report Abuse X Q1 makes 2.46 sen. Annualized is 9.84 sen. PE 10, fair price 98.5 sen. PE 15, fair price is 148 sen. PE 20, fair price 197 sen. PE 25, fair price 246 sen. So what do you pick? PE 15? PE 25? If you take into consideration dividend 17 sen. Times cover? Negative man! Not prudent way to pay out more than what you earn! Not sustainable. Crude oil is on the way up. Unless can get better selling price, profit margin will squezze further. Play safe, buy at PE 12 to 15. You may see PE deteriorate next quarter............ |
enigmatic ¯\_(ツ)_/¯ 469 posts | Posted by enigmatic ¯\_(ツ)_/¯ > Nov 4, 2019 3:00 PM | Report Abuse @Choivo Capital, What is your take on LCTitan? Isn't it under performing? |
Choivo Capital 3191 posts | Posted by Choivo Capital > Nov 4, 2019 6:29 PM | Report Abuse The thing you need to know about LCTITAN is that, they IPO'ed at all time high earnings, off the back of demand for polymers being stronger than supply from 2013-2017. Now that supply have caught up, spreads will fall and their profits will naturally fall. This is the normal earnings. They perform fine. At this price, you are getting a refinery at roughly 5-6 times net "normal" earnings, if you net off the cash. If you count the all time high earning, its more like 2 times lol. The question now is, the cash (plus additional debt) is going to a new refinery in Indonesia. Do you think their decision process for the new refinery is the right one? RAPID is coming online, and they will supply some polymers, is the demand strong enough to absorb this without causing a prolonged drop in the crack spread, or structural drop in price of polymers in South East Asia? Recession? Well, this one i don't really care, important to know, but mostly unknowable. The question i'm more interested in, is if there is actually an economically viable alternative to plastics? I don't think so. I'm still holding and thinking of buying more, but do note this is only 1.7% of my fund, in terms of cost, it was like 2%. I made a mistake of buying at RM4, thinking their all time high earnings was normal, lol. After studying more, bought a little more at RM2.8. I'm definitely thinking of buying more at this price. |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Nov 4, 2019 10:54 PM | Report Abuse Still well supported, otherwise should drop to around 2. |
enigmatic ¯\_(ツ)_/¯ 469 posts | Posted by enigmatic ¯\_(ツ)_/¯ > Nov 4, 2019 10:59 PM | Report Abuse @Choivo Capital, Thanks for the enlightening us! |
kahsoon888 532 posts | Posted by kahsoon888 > Nov 5, 2019 2:08 PM | Report Abuse Bought at RM 4,bough at RM 2.8,if you think this is a good counters, just average it and wait the price rebound back |
Tkeng 112 posts | Posted by Tkeng > Nov 7, 2019 12:59 AM | Report Abuse @kahsoon888 Last time CIMB analyse sohai gv TP Rm7....Hahaha.... Luckily run fast ...If not lose till underwear also need to sell 01/11/2019 7:30 PM Investment Bankers have an agenda. It's a risk, but good time to gradually buy at this level. |
robert168 556 posts | Posted by robert168 > Nov 7, 2019 10:29 AM | Report Abuse just calm down.. wait for the good news |
robert168 556 posts | Posted by robert168 > Nov 7, 2019 10:30 AM | Report Abuse time will prove it |
robert168 556 posts | Posted by robert168 > Nov 7, 2019 10:30 AM | Report Abuse cash rich company.. apa mau takut |
Harold Huong 955 posts | Posted by Harold Huong > Nov 9, 2019 2:15 PM | Report Abuse Takut no money to buy |
lee_m2020 535 posts | Posted by lee_m2020 > Nov 11, 2019 11:58 PM | Report Abuse 5 Billion Nett Capital. Very prospective but question mark is that why drop with huge bearish pattern? |
lee_m2020 535 posts | Posted by lee_m2020 > Nov 12, 2019 11:27 AM | Report Abuse I love to invest in this counter.. |
turbo8672 104 posts | Posted by turbo8672 > Nov 13, 2019 5:35 PM | Report Abuse Pchem bad qr... |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Nov 19, 2019 10:30 AM | Report Abuse 5.6 billion current assets, financing buyers or related company? Potential write off? |
gsi723 619 posts | Posted by gsi723 > Nov 28, 2019 3:11 PM | Report Abuse stk price can be either too pessimistic or over optimistic... either way |
Timinlcw 12 posts | Posted by Timinlcw > Nov 28, 2019 7:42 PM | Report Abuse meaning buy at this price , percentange of win is high ? |
Timinlcw 12 posts | Posted by Timinlcw > Nov 28, 2019 7:43 PM | Report Abuse historical low ............ |
didi2005 239 posts | Posted by didi2005 > Nov 28, 2019 8:39 PM | Report Abuse Lower and lower... |
Lol 105 posts | Posted by Lol > Nov 28, 2019 8:54 PM | Report Abuse cash rich meh |
Simple Man 810 posts | Posted by Simple Man > Nov 29, 2019 11:48 AM | Report Abuse historical low |
ks55 2001 posts | Posted by ks55 > Nov 29, 2019 2:56 PM | Report Abuse Posted by ks55 > Apr 29, 2019 10:23 PM | Report Abuse X Q1 makes 2.46 sen. Annualized is 9.84 sen. PE 10, fair price 98.5 sen. PE 15, fair price is 148 sen. PE 20, fair price 197 sen. PE 25, fair price 246 sen. So what do you pick? PE 15? PE 25? If you take into consideration dividend 17 sen. Times cover? Negative man! Not prudent way to pay out more than what you earn! Not sustainable. Crude oil is on the way up. Unless can get better selling price, profit margin will squezze further. Play safe, buy at PE 12 to 15. You may see PE deteriorate next quarter............ |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Dec 3, 2019 9:37 AM | Report Abuse Non stop outflows of foreign funds, global trade conflicts remains, domestic political environment uncertainty, poor company performance, relatively high PE, bad reputation since IPO etc. Est below 2 but may take time. |
Sneakpeek 232 posts | Posted by Sneakpeek > Dec 3, 2019 12:53 PM | Report Abuse U all still holding for what? From the trend obviously it going under RM2 soon |
Junichiro 1467 posts | Posted by Junichiro > Dec 3, 2019 3:35 PM | Report Abuse US opens new fronts in trade war, targeting Brazil, Argentina and France. It is US against the whole world. |
Timinlcw 12 posts | Posted by Timinlcw > Dec 3, 2019 8:21 PM | Report Abuse besides hold, what can we do ? cut loss ? too hurt |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Dec 4, 2019 9:00 AM | Report Abuse 1). Do nothing, continue paper loss if price remains low. 2) Do something... average down if you judge potential upwards in near future. 3) Do something... exit plan if you judge prospect remains dim. Anyway, the company won't die immediately unless it follows London biscuits to write off substantial receivables (may be inventories too?). Positive is cash rich 2.1 billion and no borrowings, negative is more than 5.6 billion current assets (no one know its quality as like London case) vs current liabilities of less than 0.5 billion. Another Korean firm CJcen, bought local firm at 1.40 if not mistaken, now traded just above 0.30. Anyway, overall market remains weak. I like ks55 PE 15. Good luck. |
Icon8888 18302 posts | Posted by Icon8888 > Dec 4, 2019 9:05 AM | Report Abuse RM5 bil market cap can it make profit RM500 mil per annum over next two to three years to translate into 10 times PE ? that is the question we need to ask |
Shinnzaii 2776 posts | Posted by Shinnzaii > Dec 4, 2019 3:59 PM | Report Abuse how low it can go before demand recover? |
Lol 105 posts | Posted by Lol > Dec 4, 2019 7:38 PM | Report Abuse nt now. but i think most people trap here... give it time n lets see what inside nex qr |
gemfinder 98 posts | Posted by gemfinder > Dec 4, 2019 7:41 PM | Report Abuse So terible tis counter. Drop from 6+ until now. Mcm no bottom |
gemfinder 98 posts | Posted by gemfinder > Dec 4, 2019 7:42 PM | Report Abuse 50 sen I buy |
Jeffreyteck 1489 posts | Posted by Jeffreyteck > Dec 5, 2019 10:40 AM | Report Abuse Dropping exports data suggests potential drop in revenue, hence its bottom line. Only goreng can push up its price. If based on fundamentals and valuation, is quite unlikely to improve in ST. High dividend is the only way to support the price at this level. |
KKH 16 posts | Posted by KKH > Dec 5, 2019 4:34 PM | Report Abuse Global polyethylene markets will enter 2020 facing oversupply and pressured prices, with demand expected to lag behind throughout the year. Asia, Europe and Turkey see similar challenges with abundant resin supply amid economic slowdowns and continued uncertainty stemming from the US-China trade TENSION. Thirteen new PE plants in the first wave of startups from 2017-2019 will increase North American PE capacity by 35% to more than 27 million mt/year. The 15 plants slated to start up through the 2020s will push that overall capacity up by another 26% to 34.35 million mt/year. Prices are showing oversupply pressure. By early November 2019, HDPE blowmolding prices had fallen 43% to $782/mt FAS Houston since mid-March 2018. In the same span, LLDPE fell 41% to $772/mt FAS, and LDPE fell 37% to $871/mt FAS. At least one of the new plants slated to start up by year-end 2019 will ramp up in early 2020, that being LyondellBasell's new 550,000 HDPE plant alongside the Houston Ship Channel. The plant had been slated for startup in mid-2019. However, market participants expect price pressure from oversupply to linger into 2020. "We don't see prices rising in Q1 2020," a PE trader said. Globally, there's already so much supply." |
KKH 16 posts | Posted by KKH > Dec 5, 2019 4:38 PM | Report Abuse A weak 2020 awaits both sellers and buyers as they grapple with anticipated reduced consumer demand. In the same vein as Europe, supply is expected to remain abundant in the Turkish market amid incoming US volumes with structurally low demand. |