Short term speculators have to sell b’cos of the tiny 2.28sen eps so much less than previous quarters.Look deeper one can see much grow prospect!Once factory is ready and more orders flowing in the revenue might continue growing at 50-70% rate then will see the shareholders profit and eps doubling!

Ppl want it to drop so that can buy at lower price ma!

In essence Pentamaster is currently still in fast growing phase and don’t forget abt the potential of further growth in China and US with the cash hoard of rm290m.Give it a bit more time Rm 5-10 is not impossible to reach.

If we put back in the listing expenses of rm7.146m the Profit for owners of company is rm10.656m.
Divided by 317m shares the actual eps should be 3.36sen.
From here if calculate back the eps before bonus and split then it should be 3.36x2.16=7.26sen.
This 7.26sen will be the highest eps Pentamaster ever achieved compared to all previous quarters and years of listing.Right?

Wow! Penta coming liao!

Today T+4 after last week high of 2.31-2.35

Uncertainty on results!

I will say rm2.50

High chance Ringgit might climb above 4.0 to 1USD after election

Penta share price could be mean reverting!
Good sign

Buy lah!Company executive VP after AGM already said as long as supply is tight and demand is strong the profit margin will be good.Short of standing up to announce loudly that profit and eps is great for 1q18!

Chinaman business culture and technic:Big matter become small matter,small matter become no matter

It’s ok!This round can not get into KLCI then may be Nov can

Great idea !

For year 2017 to 2021 the best thing that Lctitan can have in their M’sian operation is the tax free status.Imagine the 25% of profit will be counted as profit !

May is just 3 months from now.Quite fast lah!
April hopefully another good q results then May big dividend,can imagine how much the price will run up to..!

Malaysia Bursa small market depends a lot on foreign funds,that is the reality!
For us going down is fast and as fast as others but coming up is always lagging behind like a turtle going uphill

With the backdrop of the spectacular 4q17 results with eps 16sen,the 1q18 with full 3 months contribution from TE3 plant and utilization rate of up to 92% the eps could touch 20sen.By 3q18 when PP3 plant starts to contribute to the top and bottom line can expect eps btw 22-25sen.
So by oct-dec 2018,we may see Lctitan at rm9-10.Need to keep our fingers crossed and hope for the best and no more untoward incident.

The best positive development will be the reversal of crude oil price from up to downtrend.Most overseas hedge funds currently are betting long on the uptrend so this make us in Lctitan contrarian investors

And of course there were few more positive factors ie slight increase in selling price of HDPE and PP esp near dec17

The Naphta price increased from averaged USD 455 in 3q17 to USD 550 in 4q17-an increased of abt 20% in the cost Of feed stock.
This is balanced by RM strengthened from 4.25 to 4.15 for 1USD during same period which was about 3%.Also another positive factor was the plant utilization rate increased from 77% in 3q17 to hopefully 90% in 4q17 an increase of about 17%.
From the above rough estimation the increased in cost was being mitigated by strengthening of Rm vs USD and increased in plant utilization and increase in production.
So hopefully there was further increase in overall operational efficiency and positive half month production contribution from TE3 plant.
So I do expect 4q17 PAT will be slightly more than the 3q17 rm230m.

China Sets New Records for Gobbling Up the World’s Commodities
https://www.bloomberg.com/news/articles/2018-01-12/world-s-commodity-engine-roars-to-another-record-with-xi-at-helm

According to ChemOrbis,price for PP,HDPE and PET already in uptrend since last week of December 2017.Price for LDPE still downtrend could be due to competition and lots of old stocks.Once the demand outpace supply,LDPE price will follow to go up!

It is Apple company strategy to have poor 4q17 iphoneX sales so that can have good sales in 2018

The article says yes iphoneX sales was poor in 4q17 not b’cos of no people buy but bcos not enough iphoneX to sell with 6 weeks waiting period.Article also says sales of iphoneX will catch up in first half of 2018.

https://www.forbes.com/sites/ewanspence/2017/12/18/apple-iphonex-sales-q4-supercycle-fail-good/amp/

What the analyst says one can only believe 50% of the It as the other 50% of times they are often wrong

That’s true with the 4thQ capacity utilization near 90-100% for all plants,definitely a jump in revenue,profit and profit margin

Really need to see the percentage increase in ethylene price compared to the percentage increase in Rm compared to USD in the same period.

High dividend payment annually will be one important factor that institutional and mutual funds esp income section will consider for long term investment

Trend following!Correct

May not drop anymore as has formed a double/triple bottom btw 4.6-4.7

Next week all the way to rm3.00

In oversold territory considering the future prospect

Tomorrow holiday and this weekend NK will fire another icbm to start the ww3,that’s why the laosai!

I think the company should issue bonus 1 for 1.With good news of bonus issue,improving revenue and earnings sure market will support and share price & PE will go up.Very soon company will reach rm500m capitalization.

Collect fast at 1.69-1.71.This market is inefficient esp when Bursa is down and foreign funds are away!Easily it will bounce back to rm1.82 at PE 14x and rm1.94 at PE 15x and beyond when market turns positive or Tech theme on second wave!

Yes I agree with you Des07.Looks like management speed up the bonus & split then can focus on ipo and hkse listing in 1q18

Just times 2.16.For example if I have 10,000 shares,after bonus and split I will have 10,000x2.16=21,600shares

But 3q17 eps only 5.3sen that’s why ppl selling

Ok all resolutions passed.
No more road block locally for Penta to expand overseas!

The inflection day for corporate exercise and overseas expansion hopefully a better future for company and its shareholders

http://ams.com/eng/Investor/Financial-News

Yes Des07,I do think so.Good

Ya,it is possible that AMS (Singapore) gave Penta the 60m sales in 1H17

Penta huating now!

With all the 500 horses galloping at the top speed of the latest Porsche 911 GT2 RS,Rm6 is not a dream anymore

Most investors wanted Penta to move up but one or few entity trying to stablilise its price within 4.70-4.80 since September when company announced the corporate exercise.I guess after EGM after all proposal passed or good 3q results will create strong buying to crash through the price stabilizing act.

Buy and keep for one year could be a one bagger then

Pentamaster on 3 months consolidation due to corporate exercise and then spinning off 3 undervalued subsidiaries