Highlights
KLSE: LCTITAN (5284)       LOTTE CHEMICAL TITAN HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.13   -0.27 (11.25%)  2.01 - 2.52  89,032,300
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 4,835 Million
NOSH: 2,270 Million
Avg Volume (4 weeks):14,567,310
4 Weeks Range:2.01 - 2.71
4 Weeks Price Volatility (%):
17.14%
52 Weeks Range:0.975 - 2.71
52 Weeks Price Volatility (%):
66.57%
Average Price Target: 2.10
Price Target Upside/Downside: -0.03

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  28-Oct-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  30-Jan-2021
T4Q P/E | EY: 26.11  |  3.83%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 5.25  |  0.41
T4Q NP Margin | ROE: 2.80%  |  1.55%

Headlines

Date Subject
19-Oct-2020 (CHOIVO CAPITAL) LCTITAN (5284) – An Update on Naptha, Polyolefin & Butadiene Prices
13-Oct-2020 LCTITAN (5284) - KEY PE & PP MARKET UPDATES
07-Oct-2020 Plastic 产品生意好背后的赢家 LCTITAN(5284)
03-Oct-2020 LCTITAN: Beneficiary of Strong demands of Packaging, Mask and Glove's raw materials (Davidtslim)
01-Oct-2020 Trading Stocks - Lotte Chemical Titan
29-Sep-2020 LOTTE CHEMICAL TITAN HOLDINGS BHD (5284) - TURNAROUND STORY?
28-Sep-2020 Stocks On Radar - Lotte Chemical Titan Holding (5284)
26-Sep-2020 [转贴] [LOTTE CHEMICAL TITAN HOLDINGS BHD:平均产品售价降低] - James的股票投资James Share Investing
26-Sep-2020 (CHOIVO CAPITAL) LCTITAN (5284) Five Magic Words - Rising ASP’s, Falling Costs, Hurricane (or is it Butadiene?)
25-Sep-2020 LCTITAN - ALL-TIME HIGH SALES VOLUME AT ELEVATED ASPS, AND...
25-Sep-2020 (CHOIVO CAPITAL) LCTITAN (5284) - Rising ASP's, Falling Costs, Butadiene (Glove Proxy), Hurricane, Selling For Cash (A Summary)
25-Sep-2020 Mplus Market Pulse - 25 Sep 2020
18-Sep-2020 LCTITAN’s Lee Dong Woo will earn RM25 billion revenue in five years!
14-Sep-2020 李东雨5年时间‧矢夺250亿营收
09-Sep-2020 Oil and Gas - The Costs of Worldwide Lockdown
08-Aug-2020 乐天大腾化学挑战RM2.05/敏源
04-Aug-2020 [转贴] LCTITAN 乐天大腾 – 2019年线上股东大会 - RH Research
03-Aug-2020 Lotte Chemical Titan - Challenging market condition persists
03-Aug-2020 Mplus Market Pulse - 3 Aug 2020
03-Aug-2020 【 业绩更新 】- 浅谈业绩一出,股价暴跌 10% 的 LCTITAN(5284)

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

  13 people like this.
 
deMusangking stockraider, u sold alredi Netx?!
28/10/2020 3:38 PM
wehcant I bought mine at 1.8. Still can hold and see.
28/10/2020 3:38 PM
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
Anna83 Rm2.22 please go up again
28/10/2020 3:52 PM
speakup all uncles aunties pakcik makcik already either cutloss or cutwin
28/10/2020 3:55 PM
Tkeng Bought again 2.08... Just sold 2.19... Add more free shares.
28/10/2020 4:04 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
Fong YM Ready, if ready then I sapu 2.20 block then tgt goreng OK?
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
DLLM99_kyy Just hold., LCtitan will rebound next Monday.
28/10/2020 4:10 PM
Eric963708 is normal Supermax also drop even gd report
28/10/2020 4:13 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
wallstreetrookie Hope Lotte Chemical can have better balance sheet next QR.
28/10/2020 4:17 PM
chshzhd all stupid ikan bilis sold... now share price rebounds :)活该
28/10/2020 4:17 PM
chshzhd next qr sure very good
chemical market is emerging trend...
28/10/2020 4:19 PM
mf Dow futures fall around 400 points as Wall Street
28/10/2020 4:19 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
Pyh96 Long red candle paired with huge volume ... still dare to buy ka?
28/10/2020 4:27 PM
chshzhd stupid selling.. :)
28/10/2020 4:28 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 this month onwards revenue is increasing..
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
chshzhd may be they want to rugi like hell :)
28/10/2020 4:35 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
soros228 This counter will be bearish for at least 3 months.
28/10/2020 5:29 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
sohaimalaysian habis la...haiz . 10k gone
28/10/2020 6:35 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
Gaussian No worries
28/10/2020 7:08 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
wallstreetrookie Investment opportunity*
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


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