LCTH CORPORATION BHD

KLSE (MYR): LCTH (5092)

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Last Price

0.575

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


6 people like this.

3,731 comment(s). Last comment by Timie 2018-06-19 11:57

mr00183

139 posts

Posted by mr00183 > 2016-05-13 15:38 | Report Abuse

Speculator detected

Lucifer178

143 posts

Posted by Lucifer178 > 2016-05-13 17:15 | Report Abuse

Results just out. Profits less than last year :(

mr00183

139 posts

Posted by mr00183 > 2016-05-13 17:26 | Report Abuse

Still make profits. increased revenue but just more adminitrative expenses. Dont worry

Lucifer178

143 posts

Posted by Lucifer178 > 2016-05-13 17:52 | Report Abuse

Administrative expenses is very 'cloudy'...

JayC

1,302 posts

Posted by JayC > 2016-05-13 18:11 | Report Abuse

Forex loss

Lucifer178

143 posts

Posted by Lucifer178 > 2016-05-13 18:18 | Report Abuse

Monday drop. Guarantee.

GODinvest

377 posts

Posted by GODinvest > 2016-05-13 18:25 | Report Abuse

Ya at least -20%

JayC

1,302 posts

Posted by JayC > 2016-05-13 18:27 | Report Abuse

2.5 million forex loss

mr00183

139 posts

Posted by mr00183 > 2016-05-13 18:38 | Report Abuse

dont cause panic in the market please. Its making a profit thats enough for us

sun99

194 posts

Posted by sun99 > 2016-05-13 18:51 | Report Abuse

Still got profit, monday sure up, top up more

Jeffbkt

131 posts

Posted by Jeffbkt > 2016-05-13 19:04 | Report Abuse

Unrealized forex gain or loss is not confirm and can be reversed in future. Unfortunately lots of retail investor don't really understand accounting practice.

Today surprising hexza who had the reverse fired gain which = loss didn't encounteted panic sell

Posted by Phileo Peter > 2016-05-13 22:38 | Report Abuse

Profit drop too much.

Lucifer178

143 posts

Posted by Lucifer178 > 2016-05-13 23:34 | Report Abuse

Bad shape lah. Despite currency benefits YoY profits still lower..

ak47cw

23 posts

Posted by ak47cw > 2016-05-14 08:47 | Report Abuse

Revenue and profit still intact. Pass 3 month exchange rate is 3.8, next 3 month is 4.x, so what will be the profit next 3 months?

Posted by younginvestor92 > 2016-05-14 08:53 | Report Abuse

you're speculating the exchange rate?

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-14 10:46 | Report Abuse

Koon and cold eye's stock....


Fail!!!!!


This will be the second GESHEN.....

MONDAY GOOD SHOW...........

Posted by buddyinvest > 2016-05-14 10:48 | Report Abuse

fail? Fail apa? dia berdua sudah lari..kiki

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-14 10:49 | Report Abuse

i I suggest u guy move to vs or skp, the biggest player in plastic injection.....



All the small player Within this industry cant earn big money one, geshen already prove thay now turn LCTH....

GOOD LUCK yo

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-14 10:51 | Report Abuse

Qoq revenue maintain but net profit drop like shit.....

Posted by buddyinvest > 2016-05-14 10:53 | Report Abuse

Goreng, agree that VS has huge potential

kt99

404 posts

Posted by kt99 > 2016-05-16 09:01 | Report Abuse

buaya

mr00183

139 posts

Posted by mr00183 > 2016-05-16 09:02 | Report Abuse

Buy buy buy hehe

mr00183

139 posts

Posted by mr00183 > 2016-05-16 09:11 | Report Abuse

Wanna see people regret selling? See prices climbing back up again. These people never learn to stop panic

Posted by Matthew Law Thong Sheng > 2016-05-16 09:18 | Report Abuse

Stupid...hahaha...wan to see climb back soon?

TomyamGong

4,134 posts

Posted by TomyamGong > 2016-05-16 09:26 | Report Abuse

Holland one way ticket

851815

1,261 posts

Posted by 851815 > 2016-05-16 09:33 | Report Abuse

Look C, Look C first. No hurry I looking below 0,58c- 0.55c than consider to buy back or not...Just wait market is bad....

mr00183

139 posts

Posted by mr00183 > 2016-05-16 10:07 | Report Abuse

People cannot react rationally. Thats the problem. Company making good profit cashflow still also sell. Why? Because less profit than last year q1 report. Forex loss 2.5 m is not even realised loss. Let the profit run dont be to active. Its gonna climb back to where it was. Fair value 90 sens.

Posted by Matthew Law Thong Sheng > 2016-05-16 10:12 | Report Abuse

Main point...kyy n cold eye run?

Batman888

108 posts

Posted by Batman888 > 2016-05-16 10:13 | Report Abuse

Thanks for selling...

Posted by Joblessrich > 2016-05-16 10:15 | Report Abuse

collecting...

Posted by Investor899 > 2016-05-16 10:17 | Report Abuse

Nice! can buy at cheaper price

GODinvest

377 posts

Posted by GODinvest > 2016-05-16 10:20 |

Post removed.Why?

mr00183

139 posts

Posted by mr00183 > 2016-05-16 10:23 | Report Abuse

Those 2 superinvestors never run, they hold for the long pull. They clocked in 50-60 sens, but yah i expect this counter would have quality investors not speculators.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-16 10:35 | Report Abuse

THE SECOND GESHEN.....GOD LUCK

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-16 10:36 | Report Abuse

Below nta also cant buy.....

mr00183

139 posts

Posted by mr00183 > 2016-05-16 10:47 | Report Abuse

You need to know, geshen and lcth 2 diff business models. LCTH is targetting niche class with higher added value plastics. They are serving big MNC players. Dyson is releasing new products, hairdryer and vacuum this year, thus explains ramp up revenue for lcth. Big MNC do contracts for the long term, lcth been serving them for a really long time. Do you think they will lose out on them based on track record? Please dont stir panic, im upset with speculators as they dont see the long term picture. Dividen was also generous thi year also want to panic. Why give dividens if you think business ia slowing down?

VenFx

14,784 posts

Posted by VenFx > 2016-05-16 10:52 | Report Abuse

Agree to mr00183 over the Fa view.
Lcth is a beneficiary from USD strengthening.
That's the main reason for its retreating today.

jasonor

1,004 posts

Posted by jasonor > 2016-05-16 10:58 | Report Abuse

gap down... lol. hit downward line resistance at 0.715 on 12th may la.. then up sikit to 0.72 to scam u all mcm dah breakout but close below with significant sell volume. no cabut punya memang hoseh ar.. hoseh in loss

mr00183

139 posts

Posted by mr00183 > 2016-05-16 11:02 | Report Abuse

This counter got no syndicate what you talking about? Its just panic people, and panic people usually are speculators. The chllenge here is for investors not to follow speculators, to panic and give in to hope, fear and greed

jasonor

1,004 posts

Posted by jasonor > 2016-05-16 11:04 | Report Abuse

did i mention syndicate? lol....

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-16 11:05 | Report Abuse

Gehsen and lcth differ bis model??laugh die me..


both doing the plastic injection la....did you really did your homework????


Skp and vs also supplier of dyson....u think dyson only have lcth one suplier????

again, Did you really do your homework????

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-16 11:09 | Report Abuse

Behonest, only doing plastic part cant earn big money one....lagiblcth is the small player within this industry

macqie

16 posts

Posted by macqie > 2016-05-16 11:12 | Report Abuse

buy or sell??

Posted by Joblessrich > 2016-05-16 11:15 | Report Abuse

Panic selling appeared to have stopped. same question: to buy or to sell ?

mr00183

139 posts

Posted by mr00183 > 2016-05-16 11:18 | Report Abuse

YES Skp and vs supplier of dyson because their plant in Johor, same as LCTH, classic advantage is in Johor. They are big players, and thats why the likes of LCTH can also compete with them. Do you think LCTH is that small? profit margin is at par with these 2 players. LCTH is a business class of turnaround with fortunate because they are able management. Dont talk to me about homework, i made assessment for past 10 years of LCTH, their business is growing , classic advantage has completed their lean exercises. They are targeting to revamp revenue back like in the year 2012. 1

Besides, if kyy as a majority shareholder of VS, WHY ON EARTH he would invests also in LCTH given theres a clash of interest? This can only mean one thing. LCTH is small but with excellent management and have potential to compete with the likes of vs and skpres.

J2529

379 posts

Posted by J2529 > 2016-05-16 11:18 | Report Abuse

goreng is speculator.

we get 100 lots and see what 5 years.

see if specualtor make more or long term investor.

those speculator will disappear. 99% of ppl are talking nonsense and do nothing. mouth rich

Posted by Joblessrich > 2016-05-16 11:22 | Report Abuse

Agreed with mr00183 and J2529. I have worked at a high position in a plastic injection molding company before, the profit can be very good if properly managed. Gross margin >30%

i4investor

2,797 posts

Posted by i4investor > 2016-05-16 12:37 | Report Abuse

Last time go up a lot cos forex gain, this time go down cos forex loss...make sense and fair
Look like now trade like currency instead of business outlook

mr00183

139 posts

Posted by mr00183 > 2016-05-16 13:15 | Report Abuse

We can see the potential in this company. Forex is a windfall only, core business is improving. Revenue is up, cash flow is up, roe is up. The only concern is management needs to increase revenue so that it creates a 1 dollar of sales for every asset value worth a dollar. The management is sure they can do so in coming years, preciously revenue was shrinking due to lean and right sizing exercises
Now its expansion time..

topseeker

222 posts

Posted by topseeker > 2016-05-16 13:31 | Report Abuse

With the increase in orders from one of its major customers, the Group recorded an increase of RM5.8 million or 22.2% in revenue from RM26.1 million in the corresponding quarter in 2015 to RM31.9 million in the first quarter ended 31 March 2016.
Despite the increase in gross profit by RM2.5 million, the Group recorded a decrease in profit before tax of RM2.3 million from RM4.8 million in the corresponding quarter to RM2.5 million in the current reporting quarter. This was mainly attributable to the loss in foreign exchange of RM2.5 million in current reporting quarter as compared to gain in foreign exchange of RM1.4 million in the
corresponding quarter. In addition, share of profit of joint venture decreased by RM0.5 million in the current reporting quarter.

The Group recorded revenue of RM31.9 million for the current quarter, a slight decrease of RM0.3
million or 1% compared to RM32.2 million recorded in the immediate preceding quarter. The decrease in revenue was due to decrease in customers' order as a result of weaker demand during the festive season of Q1 2016.
The Group recorded a profit before tax of RM2.5 million for the current reporting quarter, a decrease of RM2.4 million compared to RM4.9 million posted in the immediate preceding quarter. This was due to the increase of foreign exchange loss of RM 1.6 milllion.

The Group has seen improvement in its operating results arising from the right-sizing and lean
manufacturing exercises. The volatility of US Dollar against Ringgit Malaysia if continued, is expected to affect the results of the Group going forward as the Group is predominantly involved in export sales. However, barring unforeseen circumstances, the Group is cautiously optimistic in achieving satisfactory results for year 2016.

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