@wong, what is the reason u buy in from the beginning?

Closely monitoring this stock recently, DFA Value Fund and DFA Small Cap Fund fully sold their holdings.

Sincere advice, those small investors in this company should request MSWG to have an eye on this company, otherwise your investment will be just like dump into water.

This is really rare in Bursa where such a penny company spending 9.83 million on personal aircraft for its management for such tiny business in oversea. This spending already 26.5% of today Sanichi market capital (37 Million).

How much benefit it brings to company for this purchase? This purchase not only will cause significant cash in bank interest reduction, Huge Fuel Expenses, but will also cause depreciation on this aircraft year by year, all this will be pay by investor in this company.

This company management really enjoying consolidate and then request money from its investor to issue new share. That's a record for a company able to issue Warrant-D,and soon will have warrant-E, seriously very rare in Bursa.

MSWG should eye on this company to prevent those investors get play around by the management of this company.

Please beware all of the company that involved by this company management team.
Example: Trive(0118), Sanichi(0133), DGB(0152), PDZ(6254)

That's funny to see a penny stock director having personal aircraft to fly around the world but the top 30 blue chip director still have to fly together with strangers ... LOL

Not encourage go for warrant for this share, this is long term investment share. Buy and keep, no need worry so much for 2018. Those buying warrants just having gambling with investment bank.

The only retail investor in Top30 shareholders list:

. Alliancegroup Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Goh Choon Kim

Really rich :P

"in the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company."

Something to be noticed is when LCTITAN share price reach RM6.50-RM7, LCTITAN will have high chance to get shortlisted and enter FBMKLCI (Blue Chip!). If this really happens, many fund manager will started to dump money in this share as even at RM 7, its DY still above 3%. My 2 cent opinion base on a lot of previous experience. Recent example: PMETAL.

Extraordinary result with satisfy dividend. Looking for better 2018 financial year result where increase in utilization rate, product selling price and favorable foreign exchange rate.

Previously sales contract is base on one-year term contracts with ADNOC (Major supplier for Naphtha to LCTITAN), LCTITAN need review and renew on yearly basis. Now LCTITAN go for 3 years contracts, what this mean?

Firstly, this can ensure supply is sufficient to support business growth. Secondly, imagine u are a manufacturer, will u go sign 3 years contract with supplier to get feedstock if u no confident to your business sales?

For Q4 financial result wise, we don't expect extraordinary result, result will be the same or little bit better than Q3, due to increase in production cost and TE3 just commercial on 16-Dec-2018.

However, 2018 will surely a great year for LCTITAN, with crude oil price increased brought Ringgit appreciate against USD. This company production cost is in USD, but product selling price is mainly in RM and IDR, this increase in RM and IDR will benefit to company.

Moreover, thanks to TE3 project commercial on Dec, company production rate and utilization rate will increase significantly. In petrochemical industry, these 2 rates determine how high the profit will be.

Naptha price very related to crude oil price, so Increase in crude oil price causing naptha price to increase. In LCTITAN, around 70%+ product material is from naptha, thus increase in naptha price will cause profit margin to decrease. However, following increase in naphtha price, we found that product price increased as well. This reduced the impact of price increased in naptha.

With above situation, in overall, we think that 2018 is surely a good year for LCTITAN.

Believe it or not, this company real value will reflect in its share price from time to time. With steady income and dividend, this can consider a huge black pearl under the sea, just need time to discover.

Don't expect 50% payout at Q4 as part of the dividend paid in 1st quarter to initial investor. Anyway, dividend payout is a sure for management due to their strong cash flow and huge cash available on hand. Fund for PP3 project only required on late 2018 or 2019, thus company have no any problem on giving out dividend.

No any analyst mention that LCTITAN have 2 investment in US Shale Gas Project? which will commence in second half of 2019 and expect to produce ethylene by 1000K TA and 700K TA of MEG derivatives? seems like this company not showing its value with the price right now.

with TE3 project commercial operation on 16-Dec-2017, expect ethylene production increased from 700K TA to 793K TA; propylene production from 379K TA to 549K TA; and BTX production from 155K TA to 289K TA. Furthermore PP3 Project will commence commercial on second half of 2018, expect to further expand polyproplene production by extra 200K TA. 2018 seems like good year for LCTITAN, increase in naphtha price offset by strong MYR (Yes, this company benefit from strong MYR) and increased in their product price.

With extra production and increase in utilization rate definitely will good for this company.

Expect dividend payout on this coming report Q4, LCTITAN practice is to release report 1 month before Bursa required date, which mean report high possibility will be released on this month end.