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14 comment(s). Last comment by targetinvest 3 hours ago

speakup

26,520 posts

Posted by speakup > 5 hours ago | Report Abuse

Obviously u don't know lctitan

Sslee

5,909 posts

Posted by Sslee > 5 hours ago | Report Abuse

Obviously u don't know lctitan and also Pchem and petrochemical supply and demand.

Sslee

5,909 posts

Posted by Sslee > 5 hours ago | Report Abuse

Mind telling trapped inside lctitan at what price?

targetinvest

2,659 posts

Posted by targetinvest > 5 hours ago | Report Abuse

I am invested in lctitan around rm1.00 before he went to rm 1.40
Now drop back but i am still invested because i believe can go above rm2

Sslee

5,909 posts

Posted by Sslee > 5 hours ago | Report Abuse

KUALA LUMPUR (Aug 19): Petronas Chemicals Group Bhd or PetChem (KL:PCHEM) is projected to face weaker earnings in the second half ending Dec 31, 2024 (2HFY2024), driven by lower average selling prices (ASPs) in the olefins and derivatives segment, as regional shutdowns end and supply increases, according to analysts.

CIMB noted that the company’s 2QFY2024 core earnings were affected by larger-than-expected losses at the Pengerang Integrated Complex (PIC), amounting to RM100 million, compared with a RM10 million loss in 1QFY2024.

ks55

3,946 posts

Posted by ks55 > 4 hours ago | Report Abuse

Consider to buy LCT at 90 sen and below.
Will start to buy into LCT at 90 sen, all the way to 50 sen and below.

ks55

3,946 posts

Posted by ks55 > 4 hours ago | Report Abuse

If follow 90% rule, can start to buy in a meaningful amount only at 60 sen. In order not to miss the boat, can start at 90 sen. As long as your cost is less than others, you will have others to be your cushion.

ks55

3,946 posts

Posted by ks55 > 4 hours ago | Report Abuse

Even if you miss 90 sen buy order, there are still many better buy which offer more value for your money.

targetinvest

2,659 posts

Posted by targetinvest > 4 hours ago | Report Abuse

Tat is great news.. bad news is good news as long as the future is not going to remain the same.
I invested in m&g at 7 to 8 cents, classify as pn17.. now is 30+ cents
Wad u see is now, wad u didnt see is future

targetinvest

2,659 posts

Posted by targetinvest > 4 hours ago | Report Abuse

Sslee..
Can tell why Pchem aggressive buying of chemical company in past 4 yrs?
Sarawak side revenue affected?
Lctitan potential target ?

Sslee

5,909 posts

Posted by Sslee > 4 hours ago | Report Abuse

“Growth for the sake of growth is the ideology of the cancer cell.”
Edward Abbey, Writer and environmental activist

Sslee

5,909 posts

Posted by Sslee > 4 hours ago | Report Abuse

Pchem already big investment in Pengerang Integrated Complex so why need another lctitan?

targetinvest

2,659 posts

Posted by targetinvest > 3 hours ago | Report Abuse

Plant can be modify to produce other in demand chemical, for example energy storage chemical.
Pchem did it for the gebeng kuantan plant, u saw right?

Also can indirectly have ownership on 51% LINE plant at indonesia

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