Anyway so much of interests on this share recently, i might have to buy back at higher prices tmr. I'm in for long term just didnt want to wait so long for the dividend. good luck to all! Seems like no sellers are willing to let go for the shares recently.

I’ll buy on Friday. After dividend price is factored in

Jay does that mean it’s only worth buying only when the price hits rm 1.3? Now actually not worth buying?

https://www.comparehero.my/transportation/articles/latest-petrol-price-ron95-ron97-diesel POS is now benefiting the 40% drop in Oil Price across Malaysia!

Jayc88 hahha. Do you know how to play c47? I bought 200k units 0.025. What happens upon exercise based on ratio 3:1 and exercise price?

Go compare the % of Gdex recovered vs Postman. You see we have 30% more to gain from here.

sell because don't wait for Dividend. Friday price will drop by 0.07 you can pick up again. Many people will be selling.

hi my Titan fellow JayC88

Wow last min show.. Bravo

1.2m on sell side RM 0.99.

Pos Malaysia is investing RM100 million in the digitalisation of its core systems, including a new track-and-trace system, in a bid to drive revenue and service quality up while containing costs.

The new core systems are expected to be fully operational by mid-2020, with the peripherals and sub-systems to follow. The data analytics portion will be fully online in two years.

Buy below RM 1

Interest rate dropped 30%. Price dropped 50%. Should go back to at least 2019 price

Demand increased 30%, revenue increased 20%, fuel decreased 40%.

Philip, just let others recommend and voice their opinions in this forum, no one owns this forum nor the whole share. Voices are to be shared so people who listen to them need to filter out with wisdom to decide or not to buy.

Steady.

Perhaps we can draw an assumption although the world was brought into a "complete halt" with MCO, the demand didnt fall in line with the halt. Prices still sustained well despite the drop in naphtha cost (which was caused by the drop in oil prices). Therefore when the MCO eases, the demand will definitely add on top of what were required for the food packaging and PPE. Now when you walk into supermarkets you see everyone wears a mask (PP material), and some supermarkets like jaya grocers give out plastic gloves (polyethylene), the cashiers wearing face shield (High Density Polyethylene). Definitely there is an increased of demand on top of what was required. So LCTITAN is set to ride it out!

-Single-use plastics boom amid coronavirus panic

A renewed commitment to hygiene is propping up sales of previously out-of-favour plastics like polystyrene, as consumers relegate environmental priorities while trying to stay clear of the coronavirus.

For a plastics industry that’s grappling with a drop in demand for household goods and cars, the resurgence is a welcome break. Germany’s Ineos Styrolution and US-based Trinseo SA are both seeing double-digit percentage sales increases in the food packaging and health-care industries. Pet

-Pakistan textile exporters get new orders

KARACHI: Pakistan’s exports may not suffer so badly, but moderately as textile manufacturers – the country’s single largest export industry – have reported receipt of new buying orders from different countries after the world slowly softened lockdown imposed to contain the coronavirus pandemic. Petrochemicals PET Preforms Packaging

“A significant development has taken place (in the textile export sector of Pakistan). We have received new export orders for those textile products which are mainly used in hospitals like white bed-sheets, white gowns and white t-shirts,” All Pakistan Textile Mills Association (Aptma) former vice-chairman Asif Inam confirmed to The Express Tribune.

LG CHEM OPERATES SM PLANT IN DAESAN AT FULL CAPACITY RATES

LG Chem, is currently operating its styrene monomer (SM) plant at optimum capacity levels.

A Polymerupdate source in South Korea informed that, the company is presently running its plant at 100% of it's production capacity rates.

Located at Daesan in South Korea, the plant has a production capacity of 180,000 mt/year.

"
Mitsubishi Chemical, is likely to undertake a planned shutdown, at its naphtha cracker.

A Polymerupdate source in Japan informed that, the company has scheduled to start turnaround at the cracker on May 9, 2020. The cracker is likely to remain under maintenance till end-June, 2020.

Located at Kashima, Japan, the cracker has an ethylene production capacity of 540,000 mt/year and a propylene capacity of 260,000 mt/year."

Good evening folks, ready for some good news?

Buy and hold. New Holder here at 0.895.

Good buy now. Hold.

Yes PPHB is good. Hold.

next Quarterwill factor in Naptha cost of 344 USD/Tonne. The following quarter (2nd quarter from now) Will factor in around 138 USD - 170 USD/tonne (Current Naphtha price). Best is yet to come

Still got 4400 Lots. gonna wait till Dividend dy.

RM 1.80 is still cheap bro. Profit is going to double 2019. What was the price in 2019?

Not bad Calvin.

Hold Hold Hold....

So slow today... But steady.

https://www.facebook.com/1549698775243192/posts/2647132425499816/

No way. Im married to LCtitan

Hahahaha. "Marry" I learned that Warren Buffet also husbanded his USD 137B cash pile.

Chill guys, there's no need to debate Pchem is better or Lotte. Since both Pchem and Lotte are set to benefit from naphtha, let's celebrate when both our shares increase, don't sour each other's comments.

Apolloang, LCTITAN did not post losses because of MCO, but more of lagging in recognising the cost of its materials compared to the price. In 1Q 2020, they recognised the real-time price but the historical cost resulting in losses. + they have written down all their inventories to real-time price already. Now Q2 they will be selling real-time price and also updated lowered cost, so the market is expecting a profit in line with the articles i have posted above.

Philip, ah i see. Thanks for letting me know on it's naphtha crackers. Have always thought it's pureply ethane player. Maybe that is also why Pchem price rose together with LCTITAN. I got my answers now.

On the side note, i agree with you on PPHB. I will buy in next monday. But im thinking between Mater Pack vs Public Packaging. Both are good businesses. I like PPHB more because of how they manage their Prestige Hotel. (Apologies for side tracking)

https://www.icis.com/asian-chemical-connections/2020/03/china-temper-your-expectations-of-a-h2-recovery-for-supply-as-well-as-demand-reasons/ More readings

https://www.icis.com/explore/resources/news/2020/04/14/10495899/podcast-era-of-cost-advantaged-ethane-crackers-ends PCHEM's advantage is over as it uses Ethane as feedstock. IT's LCTITAN's Time to shine

https://cdn1.i3investor.com/my/files/dfgs88n/2017/06/28/1506102932-105801337.pdf

Yes this is the chance so rare and indeed you have to wait 5-10 years for. I am with BornToSpeculate.

This Share is a GEM

Borntospeculate I thought based on your name you do bettings and speculations, but you came up with a. Good piece of writing that amazes me.

Privatisation Rumours surfacing dy. they can't meet their public spread.

i only have 4000 lots left. Sold 2000 lots couldnt buy back

Ok, Good luck!

Jay, you're too early.... What is RM 1.70 (3.6b market cap) for a company that is going to earn RM 1 billion a year?

This is where we arbitrage profits before market comes into senses - or rather before they announce the next QR. Again this only holds for current oil prices. When the economy engine starts then the demand for PP and PE will further increase and we will expect higher prices, lower costs, for LCTITAN.

True val. But Q1 price is pretty much the price now in fact it was lower than the current prices for PP and PE - due to strong demand for PP and PE for PPE and masks.

So it's safe to assume the prices remain as Q1 or higher:
HDPE : http://hdpe.100ppi.com/
PP: http://pp.100ppi.com/

these are direct quotes from china factories and are more updated than when you search on other online platforms, like
https://www.investing.com/commodities/lldpe-futures

https://tradingeconomics.com/commodity/naphtha