Koon Yew Yin's Blog

LC Titan has excellent profit growth - Koon Yew Yin

Koon Yew Yin
Publish date: Sat, 15 May 2021, 10:25 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Profit growth is the most powerful catalyst to push up share price. If investors do not know this proven fact, they should put their hard-earned money in fixed deposit in any bank.

LC Titan IPO at Rm 6.00 in June 2016 with EPS 23.38 sen as shown on its price chart below.

 

 

LC Titan was priced at Rm 6.00 for its Initial Public Offer (IPO) and its EPS was 23.38 sen for its quarter ending June 2016. Since then, its quarterly earning has been reducing. As a result, its share price has been dropping until recently when it reported EPS 19.36 sen for its quarter ending March 2021.

The 3 months price chart above shows that it has been up moving high and higher.

Why LC Titan has excellent profit growth?

Covid 19 pandemic is affecting almost all the listed companies which are showing reduced profit. But, during this period, production of gloves, face masks, liquid soap etc have increased to prevent the virus. The production of all these products require chemicals from LC Titan.   

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.

Based on its excellent profit growth, its next quarter ending June should be better than 19.36 sen. 

 

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Discussions
Be the first to like this. Showing 36 of 36 comments

PATIKAYA

Ini Cina apek main tembak sajs

2021-05-16 06:39

Sslee

Koon is now on hit and run recovery stocks after his bitter experience of holding too long on Dayang and Supermax

2021-05-16 08:58

abang_misai

Koon, Apa macam MNRB? Lu cakap under rated. Tapi lu sudah lari oh,

2021-05-16 09:01

chkhooju

KYY is now a renowned HIT AND RUN operator. Be wary. Don't get trapped.

2021-05-16 09:54

Sslee

Haha if everytime hit and run with 30% profit now already how many stocks and how many bagger?

Only sorry for abang_misai still holding his bag.

2021-05-16 10:40

probability

uncle smart this time...not a pandemic stock or a recovery stock...but a bull cycle turnaround stock

2021-05-16 10:55

probability

the difference between LCT and other commodity (steel, copper, palm oil etc) bull run is that the former is driven directly by end user demand, whereas the latter is by supply constraints / bottle necks which has yet to effect end user consumption pricing

latter may not be sustainable (short lived) unlike the former

2021-05-16 11:06

Sslee

Wonder what will be to added capacity in China, Malaysia, India and the rest of the world in coming year?

2021-05-16 11:08

Kyou

Uncle said glove over-supply, so glove makers will stop order butadiene thn Lctitan will reduce revenue also ?
ref: https://klse.i3investor.com/blogs/koonyewyinblog/2021-05-06-story-h1564314609-Why_Glove_Stock_prices_are_dropping_Koon_Yew_Yin.jsp

does uncle realize tat their raw material keep rising recently ??

2021-05-16 11:09

probability

Kyou, glove makers does not contribute anything to LCT

sslee, if glut is foreseen in the future, LCT would not be rushing to place the LINE at Indonesia

2021-05-16 11:13

Supermax2020

When Uncle KYY promotes, you have to know it is about time to sell or run!

2021-05-16 11:28

Supermax2020

Above is based on true experience! It works wonder every time!

2021-05-16 11:29

robertzz

ini cina apek mari, kena lari kuat

2021-05-16 11:32

DreamHunter

ha ha ha

2021-05-16 11:36

DreamHunter

yah kah

2021-05-16 11:36

Airline Bobby

Lukcy i bought way before article out. Come. Margin uncle koon! Fly fly.. Let me tp ur money wahhahhahagaghaHhaHHHg

2021-05-16 11:53

Sky Liew

I don’t think he got power la
Lct no small stock
He haven’t no power up down

2021-05-16 14:05

UnicornP

Uncle Koon is doing the right thing. I support Mr. Koon!

2021-05-16 14:09

stockwin

Thank you KYY, its time to run ?

2021-05-16 17:00

chtan33

Uncle is a little loss focus nowadays

2021-05-16 21:11

apolloang

as always,price already up only started to promote

2021-05-16 21:39

probability

what is so beautiful is that its showing exceptional margin due to demand side (E-commerce on plastics), at such unsustainably high crude oil price.....

wait till oil price dive, RM 10 is not a dream

2021-05-16 21:55

cbkia4896

Uncle.... I still collecting it's Indo counterparts. Baru want start... Can u not just ruin my plans ah

2021-05-17 00:27

csan

"But, during this period, production of gloves, face masks, liquid soap etc have increased to prevent the virus. The production of all these products require chemicals from LC Titan. "

LOL! the shallowest rubbish analysis i've ever seen in my life.

2021-05-17 03:11

stockraider

Yes go & buy...opportunity for fast profit loh!

Coming Qtr profit very strong....that means very big rerating coming mah!

Still very undervalue like KYY said loh!

2021-05-17 07:14

skyz

KYY's first "buy" call. the timeline has started. You all can still hold until his third article. if not, hold also no tears

2021-05-17 10:40

kelvin61

The problem lies here. Anything that Geezer recommends be it good or bad will go down. This is because he is shunned by traders and investors alike for being a pump and dump rogue trader. Just be wary of this slimey snake.

2021-05-17 11:48

Supermax2020

I told u so!

2021-05-17 13:45

newbie8080

KYY missed out 1 sentence: I am obliged to inform you that LCTITAN is one of my major investment. I am not asking to buy but if you decide to buy, you are doing it at own risk.

2021-05-17 13:45

cbkia4896

Uncle put one post asking us to buy. Whole chemical sector wants to die
RIP.
Lctitan
Samchem
Texchem
Luxchem
Hextar
Pchem

2021-05-17 16:03

i3lurker

SELL

not all have died yet, some more will continue to die

All Global revenues drop 10% to reflect GDP drop

2021-05-17 16:49

Goldking9789

Aiyoyo this geezer has to open his silly mouth and cause lctitan to fall. Must look at track record and grandfather stories all, I wonder what track record has this geezer left to show with his failed investment.

2021-05-19 15:46

Dante5566

RUN...RUNNN...... KYY goes holland again.

2021-05-19 15:47

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