Posted by DividendGuy67 > 2023-05-23 02:01 | Report Abuse

Analyst is not looking at 3-6 months! This CEO forgot to mention that despite Net Cash, it has committed RM7 billion in capital commitment, when its Net Cash is only less than 10% of this. By the time the LINE project is over, this company will be in large debts, with expansion at a time when it's making large losses.

This expansion may turn out to be the right decision if there's a turnaround by 2025 meaning by the time the LINE project starts producing huge supplies, price is high - if their timing is accurate, then, LCTITAN could end up being grossly undervalued. However, if they are wrong in their timing, shareholders will see even greater pain!

Posted by DividendGuy67 > 2023-05-23 02:02 | Report Abuse

Analyst is not looking at 3-6 months! This CEO forgot to mention that despite Net Cash, it has committed RM7 billion in capital commitment, when its Net Cash is only less than 10% of this. By the time the LINE project is over, this company will be in large debts, with expansion at a time when it's making large losses.

This expansion may turn out to be the right decision if there's a turnaround by 2025 meaning by the time the LINE project starts producing huge supplies, price is high - if their timing is accurate, then, LCTITAN could end up being grossly undervalued. However, if they are wrong in their timing, shareholders will see even greater pain!

Posted by firehawk > 2023-05-23 20:53 | Report Abuse

Listing twice on KLSE and every time makes Malaysia investors lose like heck ！！
very clever Koreans