Posted by Bruce88 > 2017-07-05 08:25 | Report Abuse

Could be no takers at $8.00 haha..

Posted by Mc_Wei > 2017-07-05 08:28 | Report Abuse

The ipo price of RM6.50 is not available to public. It's an exclusive deal for those retailers who "dared to take risk" and applied at RM8. The deal is further sweetened with a 5 days capital guaranteed. Congrats to those who applied for the ipo.

Posted by Beza > 2017-07-05 08:34 | Report Abuse

Got many takers at RM8 but still undersubscribed. Why? Cannot afford mah! Now those can afford (rich) will become richer.

Posted by ZulZA > 2017-07-05 09:07 | Report Abuse

so what the status for those who apply at RM8?re apply or we could get the lot applied and they refund the balance

Posted by smartly > 2017-07-05 09:08 | Report Abuse

opening bell will be 8 onward ..... :)

Posted by Apollo Ang > 2017-07-05 09:11 | Report Abuse

if opening at RM 8,i straight vote for BN....hahaha

Posted by okdoke > 2017-07-05 09:20 | Report Abuse

Why we should pay PE 15 for Lotte when their feedstock cost via naphtha is not as cheap as feedstock for PChem ( via Gas ) ? please refer to petronas chemical prospectus page 101 which states that Petronas Chemical method to cracking is cheaper and comparable to few low cost middle east producers. my 2 cents opinion (and sorry if I am not right with this fact).

Posted by Chong Jiunn Hau > 2017-07-05 09:28 | Report Abuse

Zulza, will be refund the balance 1.50 per share to you, either by bank transfer or cheque, depend on how you applied the LPO. You may refer back to the prospectus.

Posted by Chong Jiunn Hau > 2017-07-05 09:32 | Report Abuse

Okdoke, maybe that's why PChem had higher gross profit margin. Other than operation cost, investors will also look at EPS, PE, ROE, DY, future plans etc to determine the value of the stock.

Posted by ruslimz > 2017-07-05 09:41 | Report Abuse

BN ????????

Posted by Alex Foo > 2017-07-05 09:43 | Report Abuse

where to find their earning report? cant even calculate PE

Posted by Junichiro > 2017-07-05 09:44 | Report Abuse

A refund of $1500 to bring it in line with new IP price at $6.50. Then they offer to buy it back from retailers who have changed their minds at $6.50 I think.

Posted by jack2 > 2017-07-05 09:45 | Report Abuse

those that subscribed at 8.0 ringgit are true hero
luckily got refund, if not die standing

Posted by Apollo Ang > 2017-07-05 09:51 | Report Abuse

at 6.50, LOTTE PE is 12.2 only, pchem at 7.10 is PE 13.9

Posted by Apollo Ang > 2017-07-05 09:55 | Report Abuse

at 6.50 the estimate dividend yield is around 4-4.5% based on 50% profit payout

Posted by Apollo Ang > 2017-07-05 09:59 | Report Abuse

at 7.00 the PE is 13.2 which is lower than Pchem at 7.10, maybe macam abang adik same price as Pchem.....hahaha

Posted by Chong Jiunn Hau > 2017-07-05 12:10 | Report Abuse

Apollo Ang, u didnt minus out the 21m unsubscribed share. If excluded, EPS is 0.57 thus PE at 11.4

Posted by Chong Jiunn Hau > 2017-07-05 12:16 | Report Abuse

Latest T4Q EPS for PChem is 45.44, PE at 15.7 (share price as of yesterday, 7.14), not 13.9

Posted by CKCS > 2017-07-05 14:23 | Report Abuse

Your FA so lousy still want to teach ppl here? Better learn the proper things first

Posted by ruslimz > 2017-07-05 16:58 | Report Abuse

I have read TA securities evaluation report on LOTTE, projected EPS for
next year 2018 is 67sen....at 6.50...PE is 9.7.....

Posted by Chong Jiunn Hau > 2017-07-05 18:08 | Report Abuse

FY18F EPS 67 sen is very challenging, unless the crude oil can maintain 45 USD or lower per barrel. 2016 was a good year for LCT as the ave crude oil was below 50 USD per barrel but still the eps is around 0.57 only.

Posted by Apollo Ang > 2017-07-05 18:56 | Report Abuse

I think WTI crude to trade around USD40-50pb for the rest of this year,barring any unforeseen circumstances

Posted by ruslimz > 2017-07-05 19:32 | Report Abuse

for 2018
TA .....EPS 67sen
Kenanga.EPS 68sen
HLIB....EPS 61 sen
Public..EPS 62 sen

Posted by Apollo Ang > 2017-07-05 20:33 | Report Abuse

ruslimz,care to share where u read this?

Posted by sogeking > 2017-07-05 20:37 | Report Abuse

CKCS at least he has effort with his FA. Bad mouthing other people doesn't makes you a better person either. it reflects your attitude.

Posted by xuewenapeng > 2017-07-05 20:38 | Report Abuse

Will drop

Posted by Apollo Ang > 2017-07-05 20:42 | Report Abuse

will not drop lah 6.50 can sell back. many of my frens now regret no apply cos they say 6.50 very attactive

Posted by Apollo Ang > 2017-07-05 20:43 | Report Abuse

if drop edra energy and bank islam brunei nobody buy,habis lah election money

Posted by Apollo Ang > 2017-07-05 20:44 | Report Abuse

lotte is like BRIM, can make a bit and not make u rich,so u all can vote for BN....hahaha

Posted by 914601117 > 2017-07-05 20:57 | Report Abuse

Never buy this type of company. It was delisted 10 years ago at damn cheap price and relisted at 20x price. Just like Maxis & Armada, nobody makes money from this type of management

Posted by Apollo Ang > 2017-07-05 21:26 | Report Abuse

armada lost money company why u buy? lotte make 1.7bil like pchem one

Posted by Apollo Ang > 2017-07-05 21:28 | Report Abuse

maxis every year got 40cts dividend apply since ipo also still make a lot

Posted by ruslimz > 2017-07-05 22:30 | Report Abuse

BR1M for the rich.....

Posted by ruslimz > 2017-07-05 22:33 | Report Abuse

www.thesundaily.my/news/2017/06/29/research-firm-puts-lotte-fair-value-discount-ipo-price

Posted by ruslimz > 2017-07-05 22:34 | Report Abuse

from the report, you could calculate EPS......

Posted by ruslimz > 2017-07-05 22:37 | Report Abuse

report prepared before RM6.50 adjustment.....

Posted by calvintaneng > 2017-07-05 23:11 | Report Abuse

Hi guys.

I think I bought Titan Chemical last time which was privatised at a very low price.

Now it has resurfaced & relisted again.

Hard to tell from here as all these figures were done while Company stay unlisted.

You guys should wait for at least 3 to 4 quarter reports to get a clearer picture.

These shares were also taken private last time

RuBhd (Ranhill Utility Bhd) taken private at around Rm3.00. Now relisted as Ranhill.

7 Eleven was also taken private and then relisted again.

I think while being delisted Management might have already taken taken out some hidden value assets. Now both Ranhill & 7 Eleven are just so - so companies.

Will Lotte Titan Chemical do better.

It has yet to be seen.

Calvin thinks it will probably be a mediocre average company going forward as times are tough.

Posted by Apollo Ang > 2017-07-05 23:39 | Report Abuse

I think bankers will push up the stock for retailers to make between 5-10% profit from the ipo to entice them to apply more on edra energy which is a more bigger company.if this ipo fail I don't who's gonna apply edra energy and bank islam brunei

Posted by TheContrarian > 2017-07-05 23:44 | Report Abuse

I think it will go downhill.

Posted by Apollo Ang > 2017-07-05 23:46 | Report Abuse

why u think that? I tot u like profit making companies?

Posted by Chong Jiunn Hau > 2017-07-05 23:46 | Report Abuse

It is still hard to tell how well LCT will do. crude oil price has a big influence on its margin. Its business was not really good in the pass few years due to the high crude oil price at around 80-100 usd per barrel. Its earning started to soar in 2015 and 2016 after crude oil price drop significantly. The only concern i had for LCT is RAPID project in Johor. Once the project completed (expected by 2021 if i recall correctly), definitely will have an impact on LCT business since petronas sapu all from upstream to downstream include export direct from RAPID.

Posted by Apollo Ang > 2017-07-05 23:48 | Report Abuse

I like lotte cos I can't see oil hit USD 60 by the end of this year.should avoid oil stocks for the time being.

Posted by Chong Jiunn Hau > 2017-07-05 23:54 | Report Abuse

I wrote a blog not long ago before the new IPO announcement to analyse LCT.
https://klse.i3investor.com/blogs/ifrit2020/125655.jsp
Maybe I was too optimistic to hope that it may climb to RM9.00. Haha. With new IPO at RM6.50, I felt more secure to hold for at least 2-3 years. Of course when it were overvalue at certain period of time, I may choose to sell it too.

Posted by Apollo Ang > 2017-07-06 00:01 | Report Abuse

if oil down to USD40 I am sure lotte profit can hit the 2 bil mark.anyway see the opening,if below 6.50 I sell for the buy back and buy at the market. if above 6.60-7.50 I hold, if 8 I sell.any how it's a win win situation.....hahaha

Posted by CKCS > 2017-07-06 08:28 | Report Abuse

I've told u super many times don't play-play with anything related to O&G mah.

This JiauJiau monkey then starts to realize and made a reverse gear on his prediction on the IPO TP? LotteChem is UNDER-SUBSCRIBED mah. You don't know how to interpret the Qatar-Middle east crisis meh. After all I made so much money in oil markets many years already even during peak $156 lah.

That is why I said your FA is not good loh. Already so bad FA and u want to teach people? Shame shame lah.

Posted by Apollo Ang > 2017-07-06 08:58 | Report Abuse

retailers money should be apply IPO but lost all to moneygames now no money to apply, even advancecon which is only 63cts,only 10 times oversubscribe. lotte ipo 8.00 how do u expect retaiers to have the money to buy?

Posted by CKCS > 2017-07-06 09:15 | Report Abuse

Wrong thoughts lah you. It is the PESSIMISM of the public towards LotteChem and O&G sector at the moment since the Qatar-Middle east crisis is deepening

Posted by ss20_20 > 2017-07-06 09:19 | Report Abuse

Good analysis!

Posted by Apollo Ang > 2017-07-06 09:20 | Report Abuse

O&G? if crude down lotte is even better

Posted by Chong Jiunn Hau > 2017-07-06 09:50 | Report Abuse

Dear all, pls dont reply CKCS. He is just a childish loser wants to intimidate me as he felt I'm a threat to him in Evergreen forum because I am one of the members could counter his twisted facts. He is following us and insulting us by purpose. He got excited when others argue with him. Thx