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Overview
Financial Highlight
HeadlinesBusiness 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.
  stockraider why sell netx leh ?? When everyone lose monies including the insiders, after a big RI u feel very comfortable & safe mah...!! Posted by deMusangking > Oct 28, 2020 3:38 PM | Report Abuse stockraider, u sold alredi Netx?! 28/10/2020 3:41 PM wehcant The PE is really under supply in many parts of the world. Polypropylene is one of the raw materials used to make disposable syringe for vaccines. Hope their coming QRs wil be much better. 28/10/2020 3:42 PM SelfMadeMillionaire This is a prelude to glove counters when vaccine is available. 28/10/2020 3:42 PM OldWiseMan100 I lost 50% of my money, what should I do? rope better or charcoal better? anyone can borrow me their gun? 28/10/2020 3:44 PM stockraider just sell everything buy netx loh..!! Posted by OldWiseMan100 > Oct 28, 2020 3:44 PM | Report Abuse I lost 50% of my money, what should I do? rope better or charcoal better? anyone can borrow me their gun? 28/10/2020 3:45 PM speakup actually good or bad results lctitan would've dropped. look at harta and supermx. so excellent results also drop 28/10/2020 3:46 PM dompeilee Many don't have the nerve to hold big long positions ahead of a holiday & weekend, esp with the Dow so shaky 28/10/2020 3:50 PM sohaimalaysian why got sohai sold this stock, please read carefully the report !! noob 28/10/2020 3:50 PM stockraider Sohai sslee make a big mistake selling too early loh...!! Posted by Sslee > Oct 28, 2020 3:35 PM | Report Abuse haha i3lurker, Sold all my lctitan at 2.13-2.14 still profited 30K+. Thanks Choivo. Now tell me what to buy? 28/10/2020 4:05 PM Valgrovest I wonder why so many people sell. I just hold as I am not worried. The company has achieved 2 quarters of turnaround. NTA is 5.25. IPO price was 8.00. It has zero bank borrowings. Instead it is sitting on a cash pile of RM4.0bil !!! How many company in Bursa has such a huge cash pile. 28/10/2020 4:05 PM stockraider There is still net cash Rm 1.70 per share mah...!! Why panic leh ? Posted by Valgrovest > Oct 28, 2020 4:05 PM | Report Abuse I wonder why so many people sell. I just hold as I am not worried. The company has achieved 2 quarters of turnaround. NTA is 5.25. IPO price was 8.00. It has zero bank borrowings. Instead it is sitting on a cash pile of RM4.0bil !!! How many company in Bursa has such a huge cash pile. 28/10/2020 4:06 PM wallstreetrookie Still holding but really disappointed. Wanna jump into sea already. This week eat Nasi Lemak. Should’ve paid more attention to earning calls 28/10/2020 4:15 PM i3lurker no reason to buy when you already know from next month onwards revenue will drop no reason not to sell when you already know from next month onwards revenue will drop 28/10/2020 4:21 PM stockjobber Hi Mr OTB, can you advise on Jaks ? The OR is trading at .26, worth to buy and subscribe ? Thanks in advance 28/10/2020 4:22 PM whitebunny How to have better QR when the raw material prices were at their lowest in previous quarter? 28/10/2020 4:24 PM i3lurker even if you manage to hold pass the mid november drop in 2021 again so many petrochemical plants start production small example Kazakhstan will be the largest polypropylene producers in the world, 90% of production to be exported. we dun know what will happen, product prices sure will drop like hell maybe some people expect products to be exported to Mars or Venus? 28/10/2020 4:29 PM chshzhd since this business is so bad , the over supply is so serious , why the stupid countries keep on building the plants:)) 28/10/2020 4:33 PM DLLM99_kyy This is because over expectation to QR report ady . But exactly worsen than last QR 28/10/2020 4:33 PM i3lurker petrochemical plants are pure volume game my penis is bigger than your penis means my sperm is 50% cheaper than your sperm who will sell their sperm better? chshzhd since this business is so bad , the over supply is so serious , why the stupid countries keep on building the plants:)) 28/10/2020 4:33 PM 28/10/2020 4:36 PM i3lurker Kazakhstan is a crude oil producer no need import naptha, local source, save on shipping costs World largest plant on polypropylene and 90% for export lowest cost producer in the world beats all other plants including LCTitan 28/10/2020 4:41 PM i3lurker Tip some of the 90% from Kazakhstan will go to China means China polypropylene product users will have cheaper end products than LCTitan customers Malaysian companies utilising LCTitan polypropylene will go bankrupt. means less demand for LCTitan products less demand => less revenue less revenue => less run rates less run rates => higher product prices higher product prices => less demand go back to above more Malaysian factory bankruptcies example => china syringes cheaper than Malaysian syringes after adding transport charges coz their polypropylene is much much much cheaper since its from Kazakhstan 28/10/2020 5:25 PM wehcant Different media, different headlines. The Star - LC Titan posts 60% jump in 3Q operating profit on better margin spread. TheEdge - Lotte Chemical Titan’s 3Q net profit halves on margin squeeze. 28/10/2020 5:27 PM  Sslee Haha i3lurker, May be what Philip said has some truth: “In the end the difference is i3lurker and dickyme etc don't make a lot of money investing, so they spend a lot of time complaining and talking nonsense. Those that do make a lot of money rarely waste time complaining about stocks they don't hold. They say their piece and go. I3lurker with his speed of light calculations and gdex calculations and talking useless nonsense in the end what happens? Still don't make money. What do people who don't make money do?” Philip now talking about his investment thesis on MRDIY: “What happens if I add 300 new stores to turn it into 1000 stores in malaysia? is the net profit going to increase moving forward or going to decrease? As you well know, gross profit is 46%, how many businesses is able to get the scale needed to import in bulk from china at such good rates and still sell something that malaysians are willing to buy to the tune of 2.2 billion ringgit. So simple question, how much earnings will 1000 stores give you every year moving forward? and more imnportantly, with mr toy and mr dollar, a market coverage of 28% (and total addresable market of 16.8 billion as per latest market report), will the future b40 crowd (not the middle class living with dad characters like i3lurker, but those who cannot afford expensive products) be buying from mr diy or buy from someone else? The simple fact is, Mr diy is the biggest trading home improvement company in bursa (and also the only one), they are your access to this market, and funds know this as a very stable and consistent business model (the dollar general, daiso convenience model). who else is the big competitor in the market? currently, no one else even comes close (they have 600+ stores).” I3lurker what has you to say? 28/10/2020 5:28 PM  Zuliana I believe in Choivo Capital lah. But now my capital loss already here... but I still believe in Choivo Capital. We still believe in him. Sifu Choivo , please comment here please??? We need to hear Choivo comments please... 28/10/2020 5:28 PM i3lurker sslee its a no brainer => Mr DIE burns customers, They dun care if you never ever buy from them again. Many on Shopee said openly will never ever buy from Mr DIE again They hope to look for the next sucker to buy from them. This business plan will work or will not work you think about it lah => enough said 28/10/2020 5:51 PM Zuliana Sslee haha i3lurker, Sold all my lctitan at 2.13-2.14 still profited 30K+. Thanks Choivo. Now tell me what to buy? 28/10/2020 3:35 PM Sifu SSlee, why u sell all your lctitan today??? U don’t believe in Choivo??? Your actions speak louder than your words. Hahaha. 28/10/2020 6:12 PM Sslee Dear Zuliana, This is what I wrote to i3lurker: Oct 22, 2020 12:30 PM | Report Abuse Haha i3lurker, No worries, next week quarter result out I will apply PE8 to get my target price. I need to keep my word: Base on Q3 EPS of 3.47 my TP is 3.47X4X8= 111.04. Hence I sold all my Lctitan, Choivo is right that the spread had improved which should be pure profit but It is not so why??? From lctitan websites: https://www.lottechem.my/upload/webBoard/LB15/LB15_a_2020102815843.pdf Page 9: Q32019 Spread USD 481/MT and Q3 2020 spread USD 589/MT Page: 14 Products: Q3/2019Q:Q3/2020 Ethylene: 801: 748 HDPE: 961: 932 LDPE: 970: 1,012 PP: 1,094: 966 Benzene: 666: 391 Butadiene: 1179: 528 https://www.echemi.com/productsInformation/pid_Seven2409-13-butadiene.html The Butadiene price only start to move and not reflected in Q3. 28/10/2020 7:05 PM wallstreetrookie You need to be patient with investing. I used to almost jump into the sea last time I invested in Timecom during IPO. Everyone was shitting on Timecom saying overvalued blah blah blah. Timecom used to miss earnings every QR almost became a penny stock. But LCTITAN is slightly different. It is a Korean company and the business is chemical products. So I’m pessimistic about this company. See how it goes in the next QR 28/10/2020 7:10 PM wallstreetrookie Wtf Choivo you never said this is a trade. Many people misunderstood your article as an investment, 28/10/2020 7:12 PM  Choivo Capital Remember. This is a trade. Not an investment. They are two very different things. Target Prices are dynamic. I think the forex is only going to hit for this Quarter, because Q3 USD drop 10% vs MYR. Its staying relatively steady for Q4. However, the US associate could still underperform given that they are reliant for natural gas given the shortage. So if you think Naptha will continue to be low for a long time, and plastic prices will maintain, you can explore further. Do note you also have to think about how non packing plastic usage will impact PP and PE prices. LCTITAN supply is primarily for Malaysia. I made a call at RM1.8, because i thought it was obviously a good trading opportunity. Any price above that, and past that point in time, you guys have to sendiri pandai. Sentiment for this stock now is koyak abit. However, sentiment is but a flip of a coin. People can swing from utter depression to absolute euphoria in a second. We need to find our own answers as they are no free lunches. Especially in short to mid term trades. Whether we made or lost money, either way, a lesson is learnt. I just hope that your lessons are not so painful. I did lose a little bit today from the position i rebought. Good luck. 28/10/2020 7:13 PM  | |
