LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

0.665

Today's Change

-0.01 (1.48%)

Day's Change

0.65 - 0.675

Trading Volume

2,803,600


17 people like this.

12,802 comment(s). Last comment by beluga 9 hours ago

Lsly88

41 posts

Posted by Lsly88 > 2024-09-02 11:47 | Report Abuse

the more he hard sell this LC,the price dropped further..55555

targetinvest

2,674 posts

Posted by targetinvest > 2024-09-02 16:12 | Report Abuse

Yea.. have to thicken my face skin to reveal the potential value

Posted by jinxstock20 > 2 months ago | Report Abuse

Nice sharing, targetinvest 👍👍

Posted by uchitech008 > 2 months ago | Report Abuse

Targetinvest always gives the best tips.

Lsly88

41 posts

Posted by Lsly88 > 2 months ago | Report Abuse

surprisingly that strong promoter of this lc so quiet for the last 2 weeks and the price is recovering now..so its better for him to remain quiet till $2..5555

targetinvest

2,674 posts

Posted by targetinvest > 2 months ago | Report Abuse

Got promote.. in telegram promote 0.98.. tats why go up lo

speakup

27,092 posts

Posted by speakup > 2 months ago | Report Abuse

CASINO DE BURSA is back!
Bet small, win small
Bet Big, win Big
Ini kalilahhhhhhhhh BFM (Bet For Malaysia)

Posted by uchitech008 > 2 months ago | Report Abuse

Lctitan, are u ready?

targetinvest

2,674 posts

Posted by targetinvest > 2 months ago | Report Abuse

Waiting petros petronas development to see more action in petrolchemical industry

cbkia4896

936 posts

Posted by cbkia4896 > 1 month ago | Report Abuse

goneeeee

stevenckheng

1,353 posts

Posted by stevenckheng > 1 month ago | Report Abuse

falling of titan :(

Nepo

3,438 posts

Posted by Nepo > 1 month ago | Report Abuse

Lotte Chemical to Liquidate Malaysian Synthetic Rubber Unit LUSR

beluga

292 posts

Posted by beluga > 1 month ago | Report Abuse

According to the Korea Petrochemical Industry Association, China accounted for 42.9% of Korean petrochemical companies’ exports in 2020. That proportion fell to 36.3% in 2023 after Chinese petrochemical companies began aggressively investing in facilities starting in 2020.

China’s ethylene production surged 60% to 51.7 million tons in 2023, compared to 32.3 million tons in 2020. Its production volume is projected to grow to 56.0 million tons in 2025, according to industry observers.


China is 100% self-sufficient in its supply of basic petrochemicals such as ethylene and propylene, referred to as the rice of the industry. Its supply is forecast to exceed demand by 20% in 2025.

What's worse, China is dumping its products in Malaysia and other Southeast Asian markets to make up for reduced demand at home.

In the market of intermediate feedstocks such as paraxylene and propylene, which generate higher margins than basic petrochemicals, China is also emerging as a stronger player.

It is projected that China will meet all its needs for intermediate petrochemicals without imports by 2025.

Due to the supply glut, the ethylene-naphtha spread, or the difference between the prices of ethylene and its raw material naphtha, halved to $195 per ton in February this year, versus $398 in 2021. Its break-even point is about $300 per ton.

https://www.kedglobal.com/mergers-acquisitions/newsView/ked202403060014?_gl=1*m3inle*_gcl_au*MTg3MTcxOTI5OC4xNzMwMTgyMDY5

Potato

4 posts

Posted by Potato > 4 weeks ago | Report Abuse

How come Qtr report not out?

Harryww

107 posts

Posted by Harryww > 4 weeks ago | Report Abuse

Klse should query the company about the delay. Necessary actions should be taken for the delay.

Posted by jinxstock20 > 4 weeks ago | Report Abuse

Still has grace period for LCtitan to announce QR ?

AFI6065

1 posts

Posted by AFI6065 > 4 weeks ago | Report Abuse

Based on info from website the Q3 report will be publish tomorrow 06/11/24.

Posted by ironrobe3388 > 3 weeks ago | Report Abuse

pchem . sharp drop. expect the worse for lctitan.

curiousq

1,128 posts

Posted by curiousq > 3 weeks ago | Report Abuse

record breaking cheap again?

speakup

27,092 posts

Posted by speakup > 3 weeks ago | Report Abuse

aduh!

xiaoeh

2,772 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

this business not making money
long time ago they already exploring sell the business
no potential buyer to risk their capital...

Amazonboy

819 posts

Posted by Amazonboy > 3 weeks ago | Report Abuse

Indonesia is their only hope...if not bungkus

Nepo

3,438 posts

Posted by Nepo > 3 weeks ago | Report Abuse

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

Markv572421

3,389 posts

Posted by Markv572421 > 3 weeks ago | Report Abuse

hahahahah....close shop company !!!

thesteward

6,782 posts

Posted by thesteward > 3 weeks ago | Report Abuse

Some party kept promoting this at rm1.1+

cbkia4896

936 posts

Posted by cbkia4896 > 3 weeks ago | Report Abuse

Hah 60-80 sens region incoming

mangkal1

19 posts

Posted by mangkal1 > 3 weeks ago | Report Abuse

This company going bankrupt soon. PN17. Congrats

stevenckheng

1,353 posts

Posted by stevenckheng > 2 weeks 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 > 2 weeks ago | Report Abuse

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

targetinvest

2,674 posts

Posted by targetinvest > 2 weeks 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 > 2 weeks ago | Report Abuse

Catch falling knife at current price ?

Nepo

3,438 posts

Posted by Nepo > 2 weeks ago | Report Abuse

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

Plantermen

2,242 posts

Posted by Plantermen > 1 week 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

1,611 posts

Posted by kl_guy > 1 week ago | Report Abuse

lower the better . waiting for bottom to form.

Posted by ironrobe3388 > 1 week 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 week ago | Report Abuse

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

Posted by robrob121212 > 1 week ago | Report Abuse

wait at 5 cents low can get lower the LOWEST

Posted by jinxstock20 > 1 week ago | Report Abuse

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

kl_guy

1,611 posts

Posted by kl_guy > 1 week ago | Report Abuse

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

Plantermen

2,242 posts

Posted by Plantermen > 6 days 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

3,389 posts

Posted by Markv572421 > 4 days ago | Report Abuse

close company laa 😁

Nepo

3,438 posts

Posted by Nepo > 4 days ago | Report Abuse

Be careful right issues..

Markv572421

3,389 posts

Posted by Markv572421 > 1 day ago | Report Abuse

Means ?
Nepo

Be careful right issues..

2 days ago

Markv572421

3,389 posts

Posted by Markv572421 > 1 day ago | Report Abuse

Just close the company laa ..why so much stories

Nepo

Be careful right issues..

2 days ago

Posted by jinxstock20 > 1 day ago | Report Abuse

Got right issue ?

Nepo

3,438 posts

Posted by Nepo > 1 day 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

3,389 posts

Posted by Markv572421 > 9 hours ago | Report Abuse

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

beluga

292 posts

Posted by beluga > 9 hours 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

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