Posted by Stockgod8 > 2017-06-17 22:19 | Report Abuse

Advancecon still didn't make it after all

Posted by meistsk3134 > 2017-06-17 22:24 | Report Abuse

RM8
it will reach RM10?

Posted by Bruce88 > 2017-06-17 23:03 | Report Abuse

What is the EPS@RM8.00 IPO ? anyone ?

Posted by Apollo Ang > 2017-06-17 23:05 | Report Abuse

0.69cts EPS. modest TP 8.20-8.60 from me....hehe

Posted by Apollo Ang > 2017-06-17 23:09 | Report Abuse

based on 50% payout policy dividend translate to between 30-50cts per annum

Posted by omightycap > 2017-06-18 00:12 | Report Abuse

We are really confident and would subscribe to this IPO. Take a look at our research...

https://omightycap.wordpress.com/2017/06/17/ipo-lotte-chemical-titan/

Posted by omightycap > 2017-06-18 00:13 | Report Abuse

The EPS for FY2016 is RM 0.5331. See our report!

Posted by Apollo Ang > 2017-06-18 00:16 | Report Abuse

before tax is 0.69 after tax is 0.53

Posted by TheContrarian > 2017-06-18 00:27 | Report Abuse

At RM8.00 if fall 20% lose RM1.60.

Posted by Apollo Ang > 2017-06-18 00:33 | Report Abuse

cannot fall 20% because still many large ipo's are coming. maybe if overall market tumble I dare not say lah

Posted by TheContrarian > 2017-06-18 00:35 | Report Abuse

Even fall 10% lose 80 sen.

Posted by Apollo Ang > 2017-06-18 00:36 | Report Abuse

maybe it will be like maxis, open up then stuck for a couple of years before moving to RM 10. likely will trade between RM 8.20-RM 8.60 band for the 1st few weeks of listing

Posted by Apollo Ang > 2017-06-18 00:38 | Report Abuse

if lose 10%....many more have to postpone IPO and where to get money for GE? everytime a lot of ipo's listed before GE

Posted by Apollo Ang > 2017-06-18 00:43 | Report Abuse

u won't make a lot, but likely will make a few % only, they gonna give the middle class some donation to fish votes.like giving out BRIM

Posted by linges > 2017-06-18 01:13 | Report Abuse

Mega IPO after so long..

Posted by linges > 2017-06-18 01:22 | Report Abuse

Does this IPO has relation with PCHEM?

Posted by Apollo Ang > 2017-06-18 01:30 | Report Abuse

nope...lotte is formerly titan chem

Posted by linges > 2017-06-18 01:35 | Report Abuse

thx Apollo...
bcoz in PChem i3 forum i saw they relate and discuss abt this ipo..thats why asking.

Posted by youarefoolidiots > 2017-06-18 02:11 |

Post removed.Why?

Posted by Apollo Ang > 2017-06-18 02:12 | Report Abuse

what shit? can u describe?

Posted by youarefoolidiots > 2017-06-18 02:17 |

Post removed.Why?

Posted by Apollo Ang > 2017-06-18 02:25 | Report Abuse

cannot tell the truth,must spin and tell lies iz?

Posted by Edonald > 2017-06-18 06:03 | Report Abuse

A lots of forum I see, youarefoolidiots always attack Apollo Ang. So funny.

Posted by stevenkhoo > 2017-06-18 07:48 | Report Abuse

wow, for 8.0 i would prefer a banking or consumer stocks ler

Posted by TheContrarian > 2017-06-18 07:53 | Report Abuse

Supposing just before the listing day, Dow Jones crash 1,000 points, sure there will be bloodshed coz bumi takes financing to get big slice.

Posted by azlan88 > 2017-06-18 08:02 | Report Abuse

LCT goes for listing when everything is perfect for them. Low oil price, GE sentiment, etc. Just like FGV when it is going for listing.

Can they put the same price when oil is USD140/barrel? Haha.

The business is cyclical, so sell when oil price increase. Buy when oil price drop.

Posted by suregain > 2017-06-18 09:52 | Report Abuse

Open small gain ger la.. after tat canot guarantee

Posted by Albukhary > 2017-06-18 10:45 | Report Abuse

Question: 10-15 years ago, I remember we have 1 very large size IPO named TITAN Chemical. But after that it has been privatize. And now this Lotte Titan come out again, is it this is the same company?

Posted by gcke > 2017-06-18 10:59 | Report Abuse

@Albukhary Taiwanese was majority shareholder in the old Titan Petrochemicals Co. Bhd. Later it was privatised and sold to Lotte from South Korea.What change- the ownership of the company.Main activities- manufacturing petrochemicals from petroleum feedstocks.

Hope the concise info' helps.Cheers:-)))

Posted by Apollo Ang > 2017-06-18 11:05 | Report Abuse

if the start of the mega ipo not successful who gonna buy edra energy?

Posted by Apollo Ang > 2017-06-18 11:10 | Report Abuse

likely many retailers will ignore this stock cited too pricey and profit margin low. for me I expected an opening of a 3-5% gain based on current environment.

Posted by TheContrarian > 2017-06-18 11:12 | Report Abuse

I would rather buy 8,000 Insas shares than 1,000 Titan.

Posted by Apollo Ang > 2017-06-18 11:13 | Report Abuse

told u many would did that....hehe

Posted by gcke > 2017-06-18 11:18 | Report Abuse

Tend to agree with @TheContrarian.Seemed the choice and preference he makes in stock investing selection is wise and proven.Investors must be informed to make wise decision.

Posted by suregain > 2017-06-18 12:14 | Report Abuse

Good la, no contra kakis buy, no cheap cheap ppl buy, just big boys buy.. open great show

Posted by Albukhary > 2017-06-18 12:43 | Report Abuse

Thanks gcke

Posted by TheContrarian > 2017-06-18 12:45 | Report Abuse

Some people who subscribe big to the IPO would be using financing. If market price stays over IPO price then it's ok. But if it drops below IPO price then there will be huge force selling. External factors like an overnight Dow Jones crash of 1,000 points can cause a disaster. To me not worth the risk-gain tradeoff.

Posted by meistsk3134 > 2017-06-18 13:35 | Report Abuse

go see their annual report
it not huge business

Posted by suregain > 2017-06-18 15:05 | Report Abuse

If dow jones drop 1000 points, no one can escape including your so call good counter

Posted by azlan88 > 2017-06-18 15:16 | Report Abuse

IPO nowadays overpriced. They price at top value with only some gain to spare for retailers.

Posted by azlan88 > 2017-06-18 15:17 | Report Abuse

Ashtrow is also a rubbish. See their price now.

Posted by Ali blog > 2017-06-18 16:12 | Report Abuse

没有记错，以前IPO才RM1.77。回来收购价2.35

Posted by meistsk3134 > 2017-06-18 18:41 | Report Abuse

Rm8 too expensive, later lao sai all cry

Posted by Junichiro > 2017-06-18 20:15 | Report Abuse

Lotte Chemicals does not have any gearing. i.e. it is debt free. That is the plus point. PChem is not debt free.

Since crude oil is not expected to go sky high, the cheap feedstock enables the petrochemical industry to make good profits.

As most of IPOs are priced near market price, I do not expect fantastic profit on their listing day. Just look at Ecoworld Intl now. If any external factors drag the market down, maybe we can buy it then.

Fed has announced that it is starting to shrink its balance sheet. Remember when it launched QE 2, it caused commodity markets to shoot up .... So now they are reversing gear.

Posted by azlan88 > 2017-06-18 21:44 | Report Abuse

Pchem has small debt around RM300 million. Their cash reserve of RM7 billion can easily pay off all of their liabilities of RM3.4 billion. LCT is investing RM 15.5 billion for their expansion in Indonesia, which 1/3 is funded by this IPO, whereas PChem has already spent some money for capex for their project in Johor. That is a plus point for Pchem, apart from a pending good news. Pchem would probably have a TA from mid July to early Sept, which may reduce the plant utilization form current record of 97%.

Many would shy away from LCT IPO due to its price, and also limited gain. Wait until it drops to reasonable price, then only you buy. Expected PER is 12x, the most it can rise is to RM10.20 (at par with Pchem PER 0f 16x). Since Pchem is bigger and more diverse, LCT will trail behind Pchem.

Posted by gohkimhock > 2017-06-18 23:34 | Report Abuse

I will stay with my HaiO. More stable and good dividend assured.

Posted by skyz > 2017-06-19 11:18 | Report Abuse

hi The Contrarian - agree with you on INSAS :)

Posted by ktsk88 > 2017-06-19 15:30 | Report Abuse

8.00 for an unknown IPO with big stories to tell the world.

I won't do that.......0.80sen made more senses....))

Posted by sato > 2017-06-19 15:33 | Report Abuse

previous was Titan Chemicals Corp Bhd, (5103.KL) delisted the company in 2011, factory at Pasir Gudang & Tanjung Langsat, Johore.

Posted by sato > 2017-06-19 15:37 | Report Abuse

I can remember the share price was in between of RM1.30 to RM2.30 before it was delist.