Highlights
KLSE: LCTITAN (5284)       LOTTE CHEMICAL TITAN HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.25   +0.02 (0.90%)  2.22 - 2.25  99,600
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Overview

Market Cap: 5,193 Million
NOSH: 2,308 Million
Avg Volume (4 weeks):466,257
4 Weeks Range:2.21 - 2.50
4 Weeks Price Volatility (%):
13.79%
52 Weeks Range:2.21 - 4.68
52 Weeks Price Volatility (%):
1.62%
Average Price Target: 2.45
Price Target Upside/Downside: +0.20

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  31-Oct-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  30-Jan-2020
T4Q P/E | EY: 19.81  |  5.05%
T4Q DY | Payout %: 7.44%  |  147.43%
T4Q NAPS | P/NAPS: 5.1708  |  0.44
T4Q NP Margin | ROE: 2.99%  |  2.20%

Headlines

Date Subject
31-Dec-2019 原油价看涨‧油气上游业复苏在望
11-Nov-2019 [转贴] LCTitan寒冬已过?- investalone
05-Nov-2019 【视频】乐天大腾化学 石化价格寒冬已过
01-Nov-2019 Lotte Chemical Titan - Rising concern on narrower polymer spread
01-Nov-2019 Mplus Market Pulse - 1 Nov 2019
31-Oct-2019 LCTITAN Q3 2019季度报告 - 又是下跌~
31-Oct-2019 PublicInvest Research Headlines - 31 Oct 2019
31-Oct-2019 Mplus Market Pulse - 31 Oct 2019
03-Oct-2019 Mplus Market Pulse - 3 Oct 2019
03-Oct-2019 [转贴] 浅谈石油化学行业 – PCHEM、LCTITAN、SAMCHEM和LUXCHEM - RH Research
03-Oct-2019 PublicInvest Research Headlines - 3 Oct 2019
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

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.
Analyze this stock with MQ Trader system

  7 people like this.
 
robert168 cash rich company.. apa mau takut
07/11/2019 10:30 AM
Harold Huong Takut no money to buy
09/11/2019 2:15 PM
lee_m2020 5 Billion Nett Capital. Very prospective but question mark is that why drop with huge bearish pattern?
11/11/2019 11:58 PM
lee_m2020 I love to invest in this counter..
12/11/2019 11:27 AM
turbo8672 Pchem bad qr...
13/11/2019 5:35 PM
Jeffreyteck 5.6 billion current assets, financing buyers or related company? Potential write off?
19/11/2019 10:30 AM
gsi723 stk price can be either too pessimistic or over optimistic... either way
28/11/2019 3:11 PM
Timinlcw meaning buy at this price , percentange of win is high ?
28/11/2019 7:42 PM
Timinlcw historical low ............
28/11/2019 7:43 PM
didi2005 Lower and lower...
28/11/2019 8:39 PM
Lol cash rich meh
28/11/2019 8:54 PM
Simple Man historical low
29/11/2019 11:48 AM
ks55 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............
29/11/2019 2:56 PM
Jeffreyteck 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.
03/12/2019 9:37 AM
Sneakpeek U all still holding for what? From the trend obviously it going under RM2 soon
03/12/2019 12:53 PM
Junichiro US opens new fronts in trade war, targeting Brazil, Argentina and France.
It is US against the whole world.
03/12/2019 3:35 PM
Timinlcw besides hold, what can we do ? cut loss ? too hurt
03/12/2019 8:21 PM
Jeffreyteck 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.
04/12/2019 9:00 AM
Icon8888 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
04/12/2019 9:05 AM
Shinnzaii how low it can go before demand recover?
04/12/2019 3:59 PM
Lol nt now. but i think most people trap here... give it time n lets see what inside nex qr
04/12/2019 7:38 PM
gemfinder So terible tis counter. Drop from 6+ until now. Mcm no bottom
04/12/2019 7:41 PM
gemfinder 50 sen I buy
04/12/2019 7:42 PM
Jeffreyteck 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.
05/12/2019 10:40 AM
KKH 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."
05/12/2019 4:34 PM
KKH 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.
05/12/2019 4:38 PM
Tomatoman79 A total of 12 chemical factory workers on Jalan Nibong 1, Tanjung Langsat Industrial area near Pasir Gudang, sustained burns in a fire at the factory yesterday.


Seri Alam district police chief Supt Ismail Dollah said the fire, which happened at around 9.21am to 9.27 am, was completely put out by Lotte Chemical Titan (M) Sdn Bhd firefighting unit.
09/12/2019 8:02 AM
Jokers2020 TOMORROW DURIAN RUNTUH
09/12/2019 4:50 PM
Vivoforever1 Mkt rebound no use. Drop below RM 2 soon?
09/12/2019 10:12 PM
chl1989 naphtha price vs polymer price. do the math urself. dont waste time here
10/12/2019 12:00 AM
alextan5680 Any sifu recommend? Can buy on weakness?
11/12/2019 3:49 PM
Lol apa news pun ada....
11/12/2019 7:26 PM
FreshMango Been long since consecutive days up
13/12/2019 12:19 PM
SuperPanda im in 2.36 today, then drop to 2.30 before settle at 2.33, but thats fine.. will keep for 6 mths and see how it would turn to be

cheers
13/12/2019 9:40 PM
Jeffreyteck Fundamentals no go. Dec results is quite unlikely to bid last Dec yoy.
Trading may try as year end window dressing is near by. Good luck.
14/12/2019 6:23 PM
yflawrence Wait for 0.5 then consider
15/12/2019 10:17 PM
MasterYoda i think its good price to enter now
17/12/2019 1:41 PM
Keith Han The main reason for the decrease in profit before tax from RM 875.9 million to RM 361.0
million is due to margin squeeze resulting from the fall in product selling prices. The lower
selling price is mainly due to diversion of cheaper polyolefin supply from USA into SEA
region as a consequence of the US-China trade war as well as softening of global
economic growth. - - Quarter Report mention.

Now - https://www.cnbc.com/2019/12/19/china-announces-new-tariff-exemptions-for-us-chemical-and-oil-products.html

Hope product price will recover since US product will back to China
20/12/2019 7:46 PM
Choivo Capital Bought a bit more today.
03/01/2020 1:22 PM
ngohieng definitely will drop a lot coming week
04/01/2020 9:18 AM
didi2005 Petrochemical makers across Asia, including Malaysia, hit by weak margins...

https://www.thestar.com.my/business/business-news/2020/01/04/petrochemical-makers-across-asia-including-malaysia-hit-by-weak-margins?fbclid=IwAR2Vq7LOnH5SBIHMdKskOYb85-N6PaOY-BYPsRkPHOvgBc1dfepR_JwqZr0
05/01/2020 2:49 PM
abang_misai Oversupply. It will take a while, maybe 2-3 years to arrest the oversupply issues. Until then, no need to see petro chemical companies that include Lctitan
05/01/2020 4:36 PM
BursaGolfer bought some lctitan 2.38
06/01/2020 3:52 PM
KoonYewSiong67 good news coming....
17/01/2020 3:50 PM
firehawk yes! good news comes with good dream!
17/01/2020 3:54 PM
Philip (Can I advise you?) This is the wrong question to ask. The right question to ask is how are it's competitors doing versus lctitan. And the followup question is, will PIC production be more and the selling price lower than lctitan. If Aramco is sending down that much oil for processing to pic, and integrated complex production for Pchem causes prices to be cheaper than lctitan production costs, then the downtrend is clear.

Big eat small. And those with money to build megacomplex has the big advantage long term versus those that forgot to buy the land next door for expansion, and have to split their factory space so far apart.

>>>>>

con8888 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
04/12/2019 9:05 AM
21/01/2020 6:59 AM
Nepo OMG , gap down
21/01/2020 2:25 PM
apalumau waiting 2.20
21/01/2020 4:15 PM
Joon Chan For visualization..

https://imgur.com/gallery/CNNGDZ2
21/01/2020 8:21 PM
kasinathan Rm2 is unavoidable!
22/01/2020 9:23 AM


 

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