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.
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Dec 26, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
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
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
uncle smart this time...not a pandemic stock or a recovery stock...but a bull cycle turnaround stock
2021-05-16 10:55
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
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
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
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
When Uncle KYY promotes, you have to know it is about time to sell or run!
2021-05-16 11:28
Lukcy i bought way before article out. Come. Margin uncle koon! Fly fly.. Let me tp ur money wahhahhahagaghaHhaHHHg
2021-05-16 11:53
I don’t think he got power la
Lct no small stock
He haven’t no power up down
2021-05-16 14:05
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
Uncle.... I still collecting it's Indo counterparts. Baru want start... Can u not just ruin my plans ah
2021-05-17 00:27
"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
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
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
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
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
Iran gears up for return to global oil market as US talks advance
https://www.business-standard.com/article/international/iran-gears-up-for-return-to-global-oil-market-as-us-talks-advance-121051700038_1.html
2021-05-17 14:18
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
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
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
information
https://www.plasticstoday.com/resin-pricing/weekly-resin-report-demand-rises-%C2%A0start-month-and-so-does-pricing
2021-05-15 23:48