LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.625

Today's Change

-0.015 (2.34%)

Day's Change

0.615 - 0.65

Trading Volume

2,376,000


17 people like this.

12,825 comment(s). Last comment by ChekHupCoffee 1 week ago

Nepo

3,459 posts

Posted by Nepo > 1 month ago | Report Abuse

Cannot earn money + company and directors no background, definately die die..

Markv572421

3,415 posts

Posted by Markv572421 > 1 month ago | Report Abuse

hahahahah....close shop company !!!

thesteward

6,782 posts

Posted by thesteward > 1 month ago | Report Abuse

Some party kept promoting this at rm1.1+

cbkia4896

937 posts

Posted by cbkia4896 > 1 month ago | Report Abuse

Hah 60-80 sens region incoming

mangkal1

20 posts

Posted by mangkal1 > 1 month ago | Report Abuse

This company going bankrupt soon. PN17. Congrats

stevenckheng

1,363 posts

Posted by stevenckheng > 1 month ago | Report Abuse

NTA dropped from 5 to 4 just in 3 quarter, cannot look at that anymore, mostly useless assets

Lsly88

41 posts

Posted by Lsly88 > 1 month ago | Report Abuse

surprisingly the lonely promoter is totally quiet now and missing in this forum liao..rr alreay???

targetinvest

2,675 posts

Posted by targetinvest > 1 month ago | Report Abuse

I steady punya. Continue hold him until die together.

Now lctitan got shortselled by IBs.. those who come out with damaging report will be the one doing it.

Last time airasia did kena shortsell from rm3 until below rm1. After that, go back up fiercely again. In next 6 mths

So look at next 6 mth, around april may june 2025 already

Posted by jinxstock20 > 1 month ago | Report Abuse

Catch falling knife at current price ?

Nepo

3,459 posts

Posted by Nepo > 1 month ago | Report Abuse

You definitely steady.
If I were you, I definitely cut lose and move on.

Plantermen

2,255 posts

Posted by Plantermen > 1 month ago | Report Abuse

LC titan not so positive market outlook. Look at Petronas chemical with parent company { Petronas} backing them up. has forecast a gloomy outlook for the industry coming 1-2years. LCtitan with heavy financing & borrowing costs of 11 billion would faced much more hurdles. Even selling off their Indonesia factory would not mitigate current dire situation. Without any injection or new capital pump in. Strong possibility of ending up like rumors of LC titan in Korea having a moratorium short of disposing assets {fire sale of assets} not a good time for the industry

kl_guy

1,629 posts

Posted by kl_guy > 1 month ago | Report Abuse

lower the better . waiting for bottom to form.

Posted by ironrobe3388 > 1 month ago | Report Abuse

net short position

2024 11 20
7.09 mil

how much can make from short sell 7 mils stock ?the foreign eagles will not come here for minor profit .

the lowest px of this stock was $1.02 during covid . was your rm0.72 a mistake ?

Dkk08

91 posts

Posted by Dkk08 > 1 month ago | Report Abuse

5555.. that lonely promoter coming out again.. price sure kaput further.. see you@0.5

Posted by robrob121212 > 1 month ago | Report Abuse

wait at 5 cents low can get lower the LOWEST

Posted by jinxstock20 > 1 month ago | Report Abuse

Darn it ... will it continue to fall or 74.5 is the bottom price?

kl_guy

1,629 posts

Posted by kl_guy > 1 month ago | Report Abuse

better wait for spoon shape chart or chart show lower high , only pick up.

Plantermen

2,255 posts

Posted by Plantermen > 1 month ago | Report Abuse

Doesn't look good. LCtitan need some positive news flow. Alot of bad news forth coming. Head office LOTTE CHEMICAL facing negative cash crunch doesn't bode well. Market outlook looks depress with high inventories with muted demand. Demand on raw methanol, polyolefins and mono ethylene glycols equally bad

Markv572421

3,415 posts

Posted by Markv572421 > 1 month ago | Report Abuse

close company laa 😁

Nepo

3,459 posts

Posted by Nepo > 1 month ago | Report Abuse

Be careful right issues..

Markv572421

3,415 posts

Posted by Markv572421 > 1 month ago | Report Abuse

Means ?
Nepo

Be careful right issues..

2 days ago

Markv572421

3,415 posts

Posted by Markv572421 > 1 month ago | Report Abuse

Just close the company laa ..why so much stories

Nepo

Be careful right issues..

2 days ago

Posted by jinxstock20 > 1 month ago | Report Abuse

Got right issue ?

Nepo

3,459 posts

Posted by Nepo > 1 month ago | Report Abuse

No right issues at the moment.
But if co persists to incur losses, then most probably Co needs to inject more funds because banks may reluctant to lend money to downtrend biz

Markv572421

3,415 posts

Posted by Markv572421 > 1 month ago | Report Abuse

Share price keep dropping ...this company really need to shutdown soon

beluga

293 posts

Posted by beluga > 1 month ago | Report Abuse

Similar to POS , ASTRO and many more ... when you thought below RM1 is "cheap"... then 0.80 ... then 0.50... then 0.30.... then 0.20 .... Complete disbelief

SuperA

50 posts

Posted by SuperA > 1 month ago | Report Abuse

Officially, the name of LCTITAN will change to TITANIC because it sank like the Titanic. Even though now changed the CEO, the situation will remain the same. MAKING LOST LOST LOST every quarter.

Posted by jinxstock20 > 1 month ago | Report Abuse

Making billions of MYR per quarter, but still in the red. Harsh ...

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

yes, no future

Markv572421

Share price keep dropping ...this company really need to shutdown soon

flexibt

475 posts

Posted by flexibt > 3 weeks ago | Report Abuse

Lotte to Slash Chemical Investments by 90%, Sell Assets, Exit Unprofitable Duty-free Shops..... poor parent

Sslee

7,123 posts

Posted by Sslee > 3 weeks ago | Report Abuse

It like korean car now had to compete with China car.
Can you see the future for korean car?

Albukhary

3,059 posts

Posted by Albukhary > 3 weeks ago | Report Abuse

LCTITAN NTA is still RM4.XX.
Assume if Petronas bought it at 60% discount below book value, that would be RM2.00.
For Korean Lotte cut loss at 60% losses (better than current unrealised loss of 80-90%), and they can get back their money to solve their parent company.
Minority investor who invest below RM1.00, are happy to accept this offer at 100% gain.
Petronas also happy to acquired an asset at 60% discount, and it can help petronas to expand its business empire.


Sslee

7,123 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Pchem has an upcoming bigger plant in PPC that going to drag down its profit.
So do you think Pchem has a stomach for another similar plant?

Maybank Investment Bank, which now has the second-lowest target price for the stock at RM3.82, flagged that the inclusion of losses from its Pengerang Petrochemical Company Sdn Bhd (PPC) would lead to a profit contraction for Petronas Chemicals in 2025 even as overall product spreads improve.

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

yes, not good to bet here. Invest other counters

Plantermen

2,255 posts

Posted by Plantermen > 3 weeks ago | Report Abuse

Petronas with key turn around plans for their Chemical & petrol manufactoring plant division has no appetite to acquired a sick elephant with high indebtness. LCtitan owns betw 7-8 billion in loans with only 400 million in their bank reserve. Technically they are in default and need additional funding to keep their local operations {which LG Korea} is having an cash flow crisis. This is the main reason they are shutting down their plants to buy time. Not a good sign once a factory operation's mothball it needs a long period to time to reconvene. Really frightened whether LC titan turns into a force fire sale where the banks just sell anything of value to cover their books.

Markv572421

3,415 posts

Posted by Markv572421 > 2 weeks ago | Report Abuse

Close company ?

Plantermen

2,255 posts

Posted by Plantermen > 2 weeks ago | Report Abuse

A bad damming article from this week edge news on LCtitan

speakup

27,255 posts

Posted by speakup > 2 weeks ago | Report Abuse

Pls share article

Nepo

3,459 posts

Posted by Nepo > 2 weeks ago | Report Abuse

Lotte Chemical Titan shuts down operations temporarily in Pasir Gudang to cut losses
https://theedgemalaysia.com/node/737696

curiousq

1,151 posts

Posted by curiousq > 2 weeks ago | Report Abuse

OMG!! 5 already.... still not the time to bet?

curiousq

1,151 posts

Posted by curiousq > 2 weeks ago | Report Abuse

A YouTube footage said possible RI, not sure how true it is??

mf

29,440 posts

Posted by mf > 2 weeks ago | Report Abuse

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mangkal1

20 posts

Posted by mangkal1 > 2 weeks ago | Report Abuse

What do you mean by RI @curiousq?

speakup

27,255 posts

Posted by speakup > 1 week ago | Report Abuse

RI = rights issue

speakup

27,255 posts

Posted by speakup > 1 week ago | Report Abuse

lctitan desperate need cash so chances of RI is very high

Posted by albert787378 > 1 week ago | Report Abuse

runnnnnnn

Posted by ChekHupCoffee > 1 week ago | Report Abuse

Better cut and run. Cannot see any light at end of tunnel

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