Posted by BobAxelrod33 > 2023-02-27 08:56 | Report Abuse

Please dun be confused LCT's products with that of Gloves which was wiped clean by chinese mushroom growth and self sufficient in supply. ASP plummeted and the rest is history, as they said.

Posted by Sslee > 2023-02-27 08:56 | Report Abuse

China is expected to register the highest ethylene capacity additions in Asia contributing about 61% share of the region’s capacity additions by 2030, says GlobalData, a leading data and analytics company.

GlobalData’s report, ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2021-2030’ reveals that China would have 30 new-build and expansion projects with capacity additions of about 38.53 million tonnes per annum (mtpa) by 2030.

Teja Pappoppula, Oil and Gas Analyst at GlobalData, says: “Majority of the capacity additions in China are from Shandong Yulong Petrochemical Longkou Ethylene Plant 2, with the capacity of 5.2 mtpa. It is expected to commence production of ethylene by 2030.”

Sinochem Quanzhou Petrochemical Quanzhou Ethylene Plant 2 is the second highest plant in terms of capacity additions with a capacity of 3.40 mtpa by 2026. It is operated by Sinochem Quanzhou Petrochemical Co Ltd.

Shandong Yulong Petrochemical Longkou Ethylene Plant 1 is the third highest contributor in terms of capacity additions in the country with the capacity of 3.0 mtpa. It is expected to commence ethylene production by 2025.

Posted by Sslee > 2023-02-27 09:07 | Report Abuse

PRefChem's polymer lines shut after explosion at Malaysia's Pengerang ...
Oct 28, 2022 — Its naphtha-fed steam cracker can produce 1,260,000 mt/year of ethylene, 250,000 mt/year of propylene and 185,000 mt/year of butadiene

Posted by BobAxelrod33 > 2023-02-27 09:50 | Report Abuse

To be pragmatic.....not expecting LCT to still having the same market share but with impending loss of Chinese market (from 2025) would the price not reflect a better shade after re-building on nicer economic platform? Not expecting it to rebound back above RM6.00 but some form of increase should be in order from 1.40 levels.

P/S Not a Buy call....TAYOR

Posted by BobAxelrod33 > 2023-02-27 10:03 | Report Abuse

LCT, please fall like Pchem. Please drop below 1.35, or better still someone from Penang to JB, and even Batam calling it's TP at 1.00......love to get more!

Posted by BobAxelrod33 > 2023-02-27 10:15 | Report Abuse

Pchem falling below 7.00 to stay down?......Ouch!!...ole Phil getting punched.

Posted by BobAxelrod33 > 2023-02-27 10:17 | Report Abuse

But then again, Ole Phil would still say Portfolio doing well, only thing is prices have turned attractive at lower levels.............hahahaha..........this is called, die die also grasp a handful of sand!

Posted by BobAxelrod33 > 2023-02-27 10:22 | Report Abuse

Ouch! ouch!..Ole Phil's core stock getting bashed.........beaten to a pulp soon!

Posted by BobAxelrod33 > 2023-02-27 10:40 | Report Abuse

How low can you go?...as the song goes.....

Better ask ole Phil, he knows better........after all Portfolio doing well......only lower price is ripe for collecting.

Posted by BobAxelrod33 > 2023-02-27 10:44 | Report Abuse

Come on, LCT......fall like Pchem la........want to get more.

Posted by Johnchew5 > 2023-02-27 10:54 | Report Abuse

Kon ssleee ( price r taken on 10/3/21 )

Insas 0.87 ( averaging Up to above RM 1.00 )

Ranhill 0.85

Bplant 0.58 ( averaging Up to 0.80 as posted in Insas )


During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - chicken ke .. Kon sslee aka Victor Yong aka Good123 in Tunepro since Jun 2020.


Posted in Insas on last month Jan 2022 that sold Tunepro after 2 years ..


Good123 n Victor Yong r surfaced in Netx n Pasukgb .. will own deleted posts ...

Posted by Johnchew5 > 2023-02-27 10:54 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-27 10:55 |

Post removed.Why?

Posted by klee > 2023-02-27 11:22 | Report Abuse

Fbmklci weekly macd dead cross.Pray hard while crying.

Posted by bgbk3010 > 2023-02-27 11:29 | Report Abuse

whats happening with petronas chemical? ppl dumping shares? time to collect?

Posted by bang_miskin > 2023-02-27 12:17 | Report Abuse

Pchem is a profitable company, but last quarter profit was way below expectation, that's why price drop by a lot. If you're thinking of buying, better wait for price to stabilised first.

Posted by Johnchew5 > 2023-02-27 13:45 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-27 13:47 |

Post removed.Why?

Posted by Income > 2023-02-27 17:36 | Report Abuse

You must be smarter than this. Only you have chance to win.
https://youtube.com/shorts/_VSdeour15s?feature=share

Posted by Bullcoming > 2023-02-28 19:48 | Report Abuse

Believe it is currency loss, revenue still growing, it would rebound after temporary setback.

Posted by i3lurker > 2023-03-01 14:06 | Report Abuse

world largest producer of polypropylene listed @ NYSE
PE = 8.15
DY = 5.9%

compare PChem
info as per i3 data as above
PE = 9.13
DY = 5.69%
means current today price of PChem at 7.21 is way too over priced by factor PE=1

the over-pricing of PChem is due to EPF either buy Serba or buy PChem, no choice

Posted by Philip ( buy what you understand) > 2023-03-01 16:37 | Report Abuse

Wow i3lurker. Such simple logic. Fantastic! No need to look at profit margins, debt, cash hoardings and growth at all. Amazing. Just use pe as a single light speed calculate eh gdex boy. When have you ever done anything above cursory analysis?

Posted by Sslee > 2023-03-01 17:14 | Report Abuse

Q4 end 31/12/22 NP margin is 5.56% . Expecting first half of 2023 to be challenging so most likely another 2 quarters of NP margin at low single digit %.

Posted by Leesa688 > 2023-03-01 18:57 | Report Abuse

Philip, so agree.

Posted by i3lurker > 2023-03-01 21:45 | Report Abuse

sslee
ROE is too low to be investable, avoid
low ROE now looks definitive of the company troubles


Sslee

Q4 end 31/12/22 NP margin is 5.56% . Expecting first half of 2023 to be challenging so most likely another 2 quarters of NP margin at low single digit %.

4 hours ago

Posted by i3lurker > 2023-03-01 21:53 | Report Abuse

sslee
if you put under microscope, said Joker's entire public portfolio is riddled with low ROEs
said portfolio cannot stand close scrutiny.
if you go nearer, stark truth its a shemale, not genuine female......

Posted by Sslee > 2023-03-02 14:04 | Report Abuse

Wait for another 2 bad quarters to see whether can collect cheaply.

Posted by unicornbird > 2023-03-02 14:09 | Report Abuse

Sslee, why do want to buy this kind of low margin business?

Posted by BobAxelrod33 > 2023-03-02 14:12 | Report Abuse

Sslee is a good citizen. He works in Indon, earning USD and sends back to Bursa to feed Rakyat.....that's why.

Posted by Sslee > 2023-03-02 14:36 | Report Abuse

TQVM Bob,
That's about right.

Posted by i3lurker > 2023-03-02 14:43 | Report Abuse

XinqGuan
Jaks
Insas
Petron
HengYuan

coming soon => PChem, another Shemale

its beginning to make sense
:)

Posted by BobAxelrod33 > 2023-03-02 14:43 | Report Abuse

Alas! sweet Sslee.....I wish I was wrong. Bursa should feed you for your hard work to get those bucks! Instead you are feeding Bursa like a one arm bandit slot machine.

Posted by BobAxelrod33 > 2023-03-02 14:47 | Report Abuse

Wonder if Sslee didn't donate so much to Bursa, he would have made his dream of buying a property in Spore for his son a reality by now??

Posted by i3lurker > 3 minutes ago | Report Abuse

XinqGuan
Jaks
Insas
Petron
HengYuan

Posted by BobAxelrod33 > 2023-03-02 14:51 | Report Abuse

LOL...LCT has come back to our entry price at 1.35.....saliva dripping....

But yet some as saying to wait for RM 1.00??

Can't wait......too good to be true.

Posted by i3lurker > 2023-03-02 14:56 | Report Abuse

sslee
I suggest you buy some Yinson, that will sabotage your BFF Joker, will fook him properly.
likely after you buy Yinson, it will become a full time Shemale. Its inevitable.

Posted by Sslee > 2023-03-02 14:58 | Report Abuse

Bob is abount right again. So this year no more new money into stock market just do some portfolio rebalancing.

Posted by i3lurker > 2023-03-02 15:00 | Report Abuse

he said no harm done.
trust me dun transfer to Singapore.
The whole island is unstable.
Your descendants will curse you and regret their upline so stupeeeeeed.
better follow Lee Hock Leong migrate to Perth

BobAxelrod33

Wonder if Sslee didn't donate so much to Bursa, he would have made his dream of buying a property in Spore for his son a reality by now??

Posted by Sslee > 2023-03-02 15:00 | Report Abuse

I3lurker,
Any sugestion to sell which one and buy Yinson. Sold too early Armada

Posted by BobAxelrod33 > 2023-03-02 15:01 | Report Abuse

Welcome to Perth!!! I'll show him around and let him settle in.....

Posted by BobAxelrod33 > 2023-03-02 15:03 |

Post removed.Why?

Posted by i3lurker > 2023-03-02 22:26 | Report Abuse

Petronas Chemicals bad news
Sent message. Petronas Chemicals bad news
Searching for: Petronas Chemicals bad news

Searching for: Petronas Chemicals bad news

Generating answers for you…

Generating answers for you…

According to the web search results, some of the bad news related to Petronas Chemicals are:

Its net profit for the fourth quarter of 2022 fell to RM481 million, which was about a quarter of the net profit of 4QFY211.
Its earnings per share dropped to six sen from 26 sen in the same period1.
Its revenue growth forecast for the next three years is lower than the industry average2.
Are you looking for any specific information about Petronas Chemicals?

Posted by i3lurker > 2023-03-02 22:28 | Report Abuse

any good news on Petronas Chemicals
Sent message. any good news on Petronas Chemicals
Searching for: Petronas Chemicals good news

Searching for: Petronas Chemicals good news

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I’m sorry but I couldn’t find any good news on Petronas Chemicals from the web search results. Most of them are about its declining profit and earnings12 or its dependence on the Pengerang Integrated Complex (PIC) project3. Maybe you can try a different search term or time range?

Posted by calvintaneng > 2023-03-02 22:34 | Report Abuse

Posted by i3lurker > 2 minutes ago | Report Abuse

Petronas Chemicals bad news
Sent message. Petronas Chemicals bad news
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Searching for: Petronas Chemicals bad news


CORRECT!

SELL PET CHEMICAL AS RECESSION WILL HIT CONSUMER DISCRETIONARIES

THINGS THAT ARE NOT NEEDED BUT WANTS OF LIVE WILL BE CUTBACK

GO BUY PALM OIL WHICH ARE CONSUMER NECESSITIES

COOKING OIL IS RECESSION PROOF AS WE MUST EAT FOOD

TOOTH PASTE MADE FROM PALM OIL IS A MUST AS WE NEED TO BRUSH TEETH

WASHING CLOTHES IS A MUST AS DETERGENT IS MADE FROM PALM OIL

See

Posted by i3lurker > 2023-03-02 22:43 | Report Abuse

Petronas Chemical bad outlook
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Petronas Chemicals Group Bhd (PetChem) is a Malaysian petrochemical company that has seen its market capitalization drop by RM9.6 billion after posting poor results and facing downgrades by analysts1. The company’s net profit for FY2022 fell 14% to RM6.32 billion from RM7.35 billion in FY20211. Some analysts expect a down-cycle for the petrochemical sector over the next few years, beginning in 20222. However, some analysts remain bullish on PetChem’s prospects due to its involvement in the Pengerang Integrated Complex (PIC)3.

Posted by i3lurker > 2023-03-02 22:53 | Report Abuse

Petronas Chemicals poor ROE for 2023
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Petronas Chemicals Group Bhd (PCG) is a Malaysian company that produces and sells petrochemical products. According to its website1, PCG’s return on equity (ROE) for 2022 was 9.1%, which was lower than its ROE for 2021 (10.8%).

According to a news article2, PCG expects a challenging first half in 2023 as the group continues to face slow demand and higher costs due to inflation. This could affect its ROE for 2023 negatively.

Are you interested in investing in PCG?

Posted by i3lurker > 2023-03-02 23:08 | Report Abuse

reasons not to buy Petronas Chemicals Stock
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Hello, this is Bing. I can help you find some information about Petronas Chemicals Stock. According to one source1, one reason not to buy Petronas Chemicals Stock is that its outlook for shrinking earnings is contributing to its low P/E ratio. Another source2 says that Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals, which are subject to fluctuations in demand and prices.

What are you looking for specifically? Do you want to know more about the company’s financial performance, products, competitors, or market trends?

Posted by calvintaneng > 2023-03-02 23:16 | Report Abuse

A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-03-02-story-h-296537223-A_LOT_OF_PEOPLE_WILL_LOSE_ALL_THEIR_MONEY_By_Marc_Faber

Posted by Zhuge_Liang > 2023-03-03 09:52 |

Post removed.Why?

Posted by i3lurker > 2023-03-04 10:42 | Report Abuse

why Petronas Chemicals bad outlook
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Hello, this is Bing. Petronas Chemicals Group Bhd (PetChem) is a Malaysian petrochemical company that has seen its market capitalization drop by RM9.6 billion after posting poor results and facing downgrades by analysts1. The company’s fourth-quarter net profit plunged 68% year-on-year due to lower product prices and sales volumes2. Analysts have cast doubt on the company’s outlook amid weak demand and margin pressure23.

Posted by stockraider > 2023-03-07 20:03 | Report Abuse

U all must know mah!
Pchem is a cyclical stock....generally good performance cannot sustained loh!