Highlights
KLSE: LCTITAN (5284)       LOTTE CHEMICAL TITAN HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.78   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 6,416 Million
NOSH: 2,308 Million
Avg Volume (4 weeks):759,441
4 Weeks Range:2.46 - 2.85
4 Weeks Price Volatility (%):
97.54%
52 Weeks Range:2.46 - 5.10
52 Weeks Price Volatility (%):
54.51%
Average Price Target: 2.90
Price Target Upside/Downside: +0.12

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#2]  |  31-Jul-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  26-Oct-2018
T4Q P/E | EY: 5.49  |  18.20%
T4Q DY | Payout %: 8.15%  |  44.77%
T4Q NAPS | P/NAPS: 5.0034  |  0.56
T4Q NP Margin | ROE: 13.53%  |  10.11%

Headlines

Date Subject
13-Sep-2019 LCTITAN 要开始反弹上攻之路。。。?
10-Sep-2019 Stocks on Radar - Lotte Chemical Titan Holding (5284)
10-Sep-2019 Trading Stocks - Lotte Chemical Titan
06-Sep-2019 Mplus Market Pulse - 6 Sept 2019
06-Sep-2019 PublicInvest Research Headlines - 6 Sept 2019
31-Aug-2019 [转贴]《天哥讲股》- 第十一集 ~ LCTITAN
13-Aug-2019 PublicInvest Research Headlines - 13 Aug 2019
13-Aug-2019 Mplus Market Pulse - 13 Aug 2019
07-Aug-2019 PublicInvest Research Headlines - 7 Aug 2019
02-Aug-2019 【视频】乐天大腾化学 3年财测遭砍
01-Aug-2019 Lotte Chemical Titan - Looking Forward to US Shale Plant
01-Aug-2019 Mplus Market Pulse - 1 Aug 2019
16-Jul-2019 Lotte Chemical Titan Holding Berhad (KLSE) #RTable - CashRich Series - YAPSS
12-Jul-2019 【视频】乐天大腾化学 次季盈利料逊色
17-Jun-2019 Stocks on Radar - Lotte Chemical Titan Holding (5284)
26-May-2019 上升股:乐天大腾化学阻力RM3.20
13-May-2019 PublicInvest Research Headlines - 13 May 2019
08-May-2019 乐天大腾试叩RM3.61/敏源
06-May-2019 [转贴] 浅谈LCTITAN (5284)- 12Invest
03-May-2019 [转贴] 乐天大腾 LCTITAN – 2019年股东大会 - RH Research

Business Background

Lotte Chemical Titan Holdings Bhd is a petrochemical producer. Its products include polyolefins, comprising of polyethylene and polypropylene and olefins comprising ethylene and propylene and other derivatives such as butadiene, TBA, benzene and toluene.
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  7 people like this.
 
Kayme Agriculture | LNG | Oil | Petrochemicals | Shipping 23 Aug 2019 | 22:13 UTC Washington

US to raise tariffs on $550 billion of Chinese imports by 5 percentage points: Trump

Washington — The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1, and raise the current 10% tariff on another $300 billion of Chinese imports to 15% on September 1, President Trump tweeted late Friday.

"Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer," Trump tweeted. "As President, I can no longer allow this to happen!"

Trump's plan to raise these tariffs by five percentage points was in response to China's announcement early Friday that it planned to levy a 5% tariff on US crude imports from September 1, part of a new round of tariffs on $75 billion worth of US goods imports that will be implemented in two batches from September 1 and December 15.
25/08/2019 1:54 PM
7300 What US n China exports affected by increased tariffs, with lower currencies n surpluses be dumped to Asia ,so look for ayam tepung and imported materials stks
25/08/2019 2:06 PM
7300 small is beautiful n can grow.....now focus enuff foods on table....don't dies with massive debts for the next gen
25/08/2019 2:10 PM
firehawk GREEN!
26/08/2019 10:24 AM
Jiahui Foo 2.50 kubu besi Titan........
26/08/2019 12:37 PM
chl1989 tp rm2
27/08/2019 11:25 AM
chl1989 plz look at all the prices of petrochemical products. you will stay far far away. non integrated players will be in deepshit.
27/08/2019 11:27 AM
signalmw By pchem
27/08/2019 11:31 AM
7300 long term TP 1.60
28/08/2019 9:59 AM
7300 R.K.Buttered's favourite quote,"uphill no power ,downhill no brake, can see many analcysts stranded naked on highs
28/08/2019 10:06 AM
7300 just can see thro"..this paper wall only lar....tomorrow offer con't again
28/08/2019 5:10 PM
Sneakpeek This counter brake rosak..
28/08/2019 5:10 PM
Jiahui Foo This is a brand new Ferrari with old kancil engine !!
28/08/2019 8:25 PM
signalmw Haha.. Megasales anytime
28/08/2019 8:49 PM
Jiahui Foo Warehouse since 2 yr ago, whenever u rush in oso sure regret one......
29/08/2019 9:08 AM
shpg22 Hehe.. Got discount don't buy, add premium only buy. How to make money?
29/08/2019 1:39 PM
signalmw Megasales not stop yeah.. To be reach tp 2.2 this year....
29/08/2019 2:07 PM
signalmw Tp 4 top up, drop to 3.2, drop to 2.8 top up, drop 2.5 top up.. Droptov2. 2 好的。。。2.2 dig
29/08/2019 2:08 PM
7300 the resin mud wall just broke,sunset bz just only begin......mid term TP1.50
29/08/2019 2:10 PM
rivter today new low lagi ~~ Rm2 i buy sikit~~
29/08/2019 2:32 PM
Jiahui Foo Pecah ponggong.....
29/08/2019 2:47 PM
HSC2014 Seem like someone is pressing down the price co try to kick out others???
Why move down slowly with low volume? But can see spring energy is accumulating...
30/08/2019 8:29 AM
lachai2004 Heading to RM2 as the down trending continue to slid further
30/08/2019 8:41 AM
7300 2020 maintain TP rm1.50.......pchem Aramco increased produtions
01/09/2019 10:15 PM
7300 pchem joint aramco sudah masuk longkang.........no nid autaman to tell n gaurantee lct not masuk septic tank lar.:((...........apa tunggu dungu,run for your life!
03/09/2019 12:07 PM
signalmw Buy until tp 1.5
04/09/2019 1:34 PM
signalmw Many volume around 2.5. Reach bottom a
Nd want limit down or up??
04/09/2019 5:24 PM
birkincollector New venture..hmmm
05/09/2019 1:45 PM
signalmw My god. TP 1.5
05/09/2019 8:37 PM
Kayme Asia petrochemicals outlook, w/c Sep 2

Singapore — Market participants will continue to monitor the supply situation of key Asian steam cracker operators to gauge demand-supply balance for the near-term.

Spot supplies are seen to be increasing in line with planned startups of new steam crackers, notably SP Olefins in China.

OLEFINS
The domestic propylene market in Asia is likely to find some support this week as China's Tianjin Bohua Yongli, the upstream entity of Tianjin Bohai Chemical, will restart 250,000 mt/year swing plants that can produce normal butyl alcohol or 2-ethyl hexanol in Tianjin after nearly 10 days of shutdown. The restart will enabled Tianjin Bohai Chemical to reduce their propylene spot sale in Shandong and will likely arrest the price decline seen last week. The Asian butadiene market has softened on weak demand. In South Korea, supply however is expected to remain snug. Most downstream rubber makers in Asia cite unaffordability and weak profit margin, resulting in tepid demand.

AROMATICS
Activity for November-delivery paraxylene cargoes was limited last week, with only six physical cargoes traded during the Platts Markets on Close assessment process. However, interest for October should wane this week and shifts to November, as the CFR Taiwan/China marker rolls into November as the main pricing month this week. "Price support should come from the fact that the September ACP had settled at $780/mt on Friday," said a Singapore-based trader. "It is quite clear that Asian producers are striving to maintain paraxylene-naphtha margins at above $300/mt," a source said. The PX-naphtha spread was $323.56/mt last Friday, based on S&P Global Platts data.

Benzene prices have been on an uptrend over the second half of August, and is expected to continue strengthening this week. A clear indicator of firm demand for benzene can be seen in a wide spread between benzene and feedstock naphtha. The benzene-naphtha spread was firm at $214.92/mt Friday, and is expected to continue at levels above $200/mt this week. Demand from China is expected to pick up by October. One Chinese market participant said that with current inventory levels, buyers in the market would have to restock soon, or latest by October, the source estimates. East China stocks were estimated at 142,700 mt by an industry source Friday, up from just 700 mt on the week.

Asian styrene monomer fell $12/mt week on week to $1,012.50/mt CFR China and $972.50/mt FOB Korea last Friday on bearish sentiment. Margins were slipping on rising feedstock prices, while downstream demand was weak. Sources said that buying interest for US dollar-denominated materials would remain thin amid the escalating US-China trade tensions, while the yuan-denominated SM remain firm on the back of lower inventory in East China. However, a Chinese source noted that there may be a "limit" to the increase in SM prices unless there is an uptick in downstream activity.

POLYMERS
Asian low density polyethylene prices will likely continue their downtrend trajectory from last week. There is ample supply from the US, particularly to Southeast Asia. Buyers surface on expectations that the currency depreciation will continue. Prices are now at a decade low, according to Platts data. Asian polypropylene prices are weak in Northeast and Southeast Asia, but are firmer in India. Some redirection of trade flows were heard, with Pakistan seeking Middle East cargoes following Pakistan's ban on Indian exports.

METHANOL
High inventory levels and operating rates from inland methanol producers could weigh on Chinese methanol prices this week. Domestic ex-tank prices at Taicang slumped last Friday on burgeoning inventory at China's eastern ports. Inventory at East China ports was around 1 million-1.3 million mt, up 6.6%-12% on the week. Bearish fundamentals are also expected to persist in India, compounded by ample supplies and weak demand. Ready ex-tank cargoes were traded Rupees 16.5-17.50/kg last week, compared to Rupees 18/kg the week before.

INTERMEDIATES
Asian purified terephthalic acid prices are likely to remain under pressure this week amid active selling in China's domestic PTA market, according to market sources. Spot physical trading discussions are expected to stay thin this week for the CFR China marker due to the closed arbitrage window since August. PTA was assessed $12/mt lower week on week at $655/mt CFR China last Friday.

Asian monoethylene glycol prices are expected to be rangebound this week amid a lack of direction. In the short term, some trade participants believed MEG prices will be supported by destocking expectations on the back of strong Chinese demand.

Nevertheless, supply glut will likely be seen with new startup capacities in the fourth quarter, leaving most trade participants cautious.
06/09/2019 10:10 AM
Kayme NORTHEAST ASIA PARAXYLENE PRODUCERS SLASH RATES

The narrowing spread between paraxylene and feedstock isomer-grade mixed xylene has seen northeast Asia MX-based producers come under huge cost pressure recently, with South Korea's Hyundai Cosmo Petrochemical announcing on Monday a lowering of operating rate at its No. 2 aromatics plant in Daesan, a source close to the company said. The source added that it was possible operations could be brought down to a minimum level, but declined to specify how much the minimum level is, and that the company would be monitoring the market situation and make adjustments accordingly.

The No. 2 unit, which primarily uses isomer-MX from Hyundai Chemical as feedstock, can produce 800,000 mt/year of paraxylene and 130,000 mt/year of benzene. The company's No. 1 aromatics unit, which can produce 380,000 mt/year of PX and 120,000 mt/year of benzene, will continue to operate at full production capacity, as it runs on naphtha supplied from the adjacent Hyundai Oilbank refinery, S&P Global Platts reported earlier.

Earlier, South Korea's Lotte Chemical also shut its No. 1 aromatics plant at Ulsan from early September due to weak margins, Platts reported earlier. It is unclear when the plant, with a paraxylene capacity of about 250,000 mt/year, would resume operations as it depends on the margins that are not expected to improve significantly in the near term, a source close to the company said.

Apart from firm blending demand for MX, another key reason for the erosion of the PX-MX spread over Q3 2019 is the impending startup of several new large PX plants mainly in China, which would put downward pressure on Asian spot PX prices, while at the same time supporting isomer-MX prices as these new PX plants require MX for their operations.

One of the startups, Sinopec Hainan's No. 2 PX line of 1 million mt/year capacity, is expected to start production imminently, and will be running on 100% MX feed. The capacity at its No. 1 PX line, which currently produces at 600,000 mt/year, will also be raised to 1 million mt/year by the third quarter, Platts has reported.

"Sinopec Hainan No. 2 is expected to start production end September and supply first PX cargo in October," a Chinese PX buyer, who did not wish to be named, said.

"At the beginning the price [of MX] rose because of the PX demand, but lately mostly because of the gasoline [demand]. PX demand is not that good. The spread between MX and PX is horrible," a Chinese market source said Tuesday.
06/09/2019 10:12 AM
KKH Petrochemical so bearish in 2019/2020 yet so powerful of JF Apex research in its daily highlights report can push price up by 20cent.

So many traders jump in because of the news: Lotte Chemical Titan said its US-based joint venture company Lotte Chemical USA Corp's ethane cracker and monoethylene glycol plants had started commercial operations in August 2019 on an integrated basis.

South Korea's Lotte Chemical also shut its plant ......I wonder in a bearish market how adding more supply to market will help LCTitan.... Lets see

https://www.theedgemarkets.com/article/power-root-lotte-chemical-titan-dnex-affin-bank-suria-capital-apft-priceworth-international

https://www.thestar.com.my/business/business-news/2019/09/06/trading-ideas-lotte-chemical-titan-affin-bank-suria-capital-and-priceworth
06/09/2019 11:14 AM
Jeffreyteck Critiqued this counter when it was traded above 5 and arguments that the company didn't know the impact of an incident on its bottom line is totally unbelievable. Today one can get 50% discount. Good luck everyone in search of reliable and competent management.
06/09/2019 9:58 PM
Huatexpert Global PE price war begins as supply grows and demand fades
Higher cost producers, such as naphtha-based companies in Europe and Asia, will come under increased margin pressure, unless oil prices collapse. Capacity closures are a possibility.

https://www.icis.com/explore/resources/news/2019/09/11/10416432/global-pe-price-war-begins-as-supply-grows-and-demand-fades
12/09/2019 8:12 AM
Harison Inc. Fulls of up and down and only fools get fools. My read, if today its able to break 2.70, possible it will flies. Otherwise, sell...sell...sell...
13/09/2019 8:55 AM
rajachulan foot cramp or stretching leg to stand up... next week will know...
13/09/2019 9:19 AM
SamuelLuke Highly manipulation counter better not go in
13/09/2019 9:42 AM
Newbiestrading2 Lctitan 13/9/2019 2.700 area has formed a resistant here, profit taking candlesticks too .. please follow newbietradingchannel at telegram for more chart review!
14/09/2019 10:05 AM
Harold Huong Pukki,...score more
15/09/2019 9:12 PM
robert168 oil price spike.. this counter gonna drop again
16/09/2019 12:15 PM
Armada An Quantum Leap Stock In 2019/2020 Can anyone tell me,

is cpo hike good or bad to Titan ?
16/09/2019 12:17 PM
7300 how can be good with massive oversupply everywhere....,somemore with expensive energy n petro chemicals,produce lose more don't produce just accept all capital variable costs, TP1.60
16/09/2019 12:57 PM
Huatexpert Naphtha , raw material used by Titan , up by 10% yesterday night...
17/09/2019 9:01 AM
Harison Inc. Make of break this week, exceed 2.70 may trigger uptrend. Otherwise it is wise to sell lor...
17/09/2019 9:17 AM
tftey Naphtha price shot up with Crude, while selling price remain suppressed. You can guess the bottom line by yourself.
17/09/2019 12:21 PM
Armada An Quantum Leap Stock In 2019/2020 Not the cost can be distributed to its clients meh ?
Bery blur me.
17/09/2019 12:39 PM
Armada An Quantum Leap Stock In 2019/2020 However , 2.50-2.30 shud be its safe ground
17/09/2019 12:39 PM
FreshMango what's today announcement about ? that cause breakout
17/09/2019 4:28 PM
SamuelLuke Not easy to average down n covered my loss in this counter....better leave. C ya next time.
18/09/2019 9:26 AM
RainT unbelievable

now the share price far below IPO price
18/09/2019 11:13 AM


 

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