Posted by enning22 > 2018-11-15 14:54 | Report Abuse

crude oil price would stay low for awhile ,due to demand of oil from China is cooling ,with her economy experiencing sudden hard landing,prompted by current trade war.

Posted by SamuelLuke > 2018-11-15 21:31 | Report Abuse

Rm7 otw!!

Posted by Calvin882 > 2018-11-16 08:25 | Report Abuse

Next qtr result would be interesting.

Posted by Steve Ooi > 2018-11-16 10:28 | Report Abuse

TE-3 plant is stop and under maintenance until late Jan 2019, why management never announce.

Posted by Kpin Yeoh > 2018-11-16 11:43 | Report Abuse

No worry, they have shift to PP-3 to run, there is no impact on the output.

Posted by Victor Yen > 2018-11-16 14:45 | Report Abuse

Run......at this price level......well I rather get caught.

Posted by enning22 > 2018-11-16 20:07 | Report Abuse

small matter also want to get worry, very unwise thing to do,

Posted by Alex™ > 2018-11-16 23:43 | Report Abuse

haha, i3 many insider news =D

Posted by SamuelLuke > 2018-11-17 08:44 | Report Abuse

Connie sound like u wanna short this counter.... good luck.....oil price is going down trend my bro, !!!!

Posted by PotentialGhost > 2018-11-17 08:53 | Report Abuse

This Connie lost his chance to buy lctitan ,become madness now ,get critical in his brain.

Posted by Elitetrader > 2018-11-17 11:56 | Report Abuse

Better luck next time, Connie. When oil goes down, petrochems make money. Its a cyclical biznes. Shutdowns and repairs are common in all manufacturing industries.

Posted by Victor Yen > 2018-11-17 12:30 | Report Abuse

Even the margin is down ..... This year earning will still be above 2017...results

Posted by enning22 > 2018-11-17 16:58 | Report Abuse

what connie said may be true,but all these factors had no impact for longer term investment strategy, i would rather stay put,hold tight.More to these ,our economy is holding well ,and shows signs of overall improvement.

Posted by SamuelLuke > 2018-11-17 19:50 | Report Abuse

Hmmmm ...Thanks Connie

Posted by Elitetrader > 2018-11-17 20:11 | Report Abuse

Blogs are for entertainment. So don't be too serious. Even analyst research needs to be scrutinised. Nobody can predict accurately. Relax. Manage it with a stop loss.

Posted by RainT > 2018-11-18 12:46 | Report Abuse

This LCTITAN same pattern as AIRASIA ...

Oil price down, share price directly up and vice versa

Still don't know how drop in oil price will affect LCTITAN positively but market already look good and share price up

Vice versa also same issue

Posted by RainT > 2018-11-18 12:52 | Report Abuse

Habis ...now new plant in Indonesia,....TE 3 shut down until end Jan 2019 pulak....

Another malapetaka befall on LCTITAN , really sial this counter

Posted by alone > 2018-11-19 10:50 | Report Abuse

Who say TE3 close

Posted by Pangpang > 2018-11-19 10:56 | Report Abuse

Petrochem is using petrol as raw material. If the raw mat price is cheap, the profit will be high.

Posted by Invest_Sensibly > 2018-11-19 10:57 | Report Abuse

:)

Posted by Victor Yen > 2018-11-19 12:21 | Report Abuse

Well , recovering mode and looking forward to rm5 soon.

Posted by Steve Ooi > 2018-11-19 12:33 | Report Abuse

alone Who say TE3 close
TE3 plant only stop for maintenance, it will run back after maintenance. Somehow got impact in bottom line. Napthan price drop from sky high to current level, not much inventory gain(1.64Bil inventory-Expensive stock) also cos it based on weighted average basis-its costs will normalize if Napthan price maintain at current level for the following 2-3 month, but LC's product price will adjust as well.

Posted by SamuelLuke > 2018-11-19 13:52 | Report Abuse

OTW to 6.4 range

Posted by Victor Yen > 2018-11-19 14:00 | Report Abuse

Not sure if the trade war benefits it or not....now Malaysian trader buy us etheline and sell it to China at 30% profits

Posted by Victor Yen > 2018-11-19 14:00 | Report Abuse

SINGAPORE (Nov 19): A Southeast Asian nation that was a bit player in the biofuel market is suddenly buying and selling unprecedented supplies. The US-China trade war may have something to do with it.

Malaysia has emerged to displace the US as the biggest supplier of ethanol to China in just two months. It’s also the first time the Southeast Asian country is selling such significant volumes to the world’s top consumer. At the same time, it’s buying a record amount of the fuel from America.

The hook? The shift occurred after President Xi Jinping imposed tariffs on US ethanol imports in retaliation to American counterpart Donald Trump’s duties on Chinese goods. While the two countries apply tit-for-tat levies, shipments from Malaysia to China are tax free.

The dispute between the world’s two largest economies has roiled markets from consumer goods to soybeans, but rarely has a completely new player emerged to fill in a supply gap. The sudden spike in the flows in and out of Malaysia has taken traders by surprise, according to Heather Zhang, a Singapore-based analyst who follows the global biofuel industry at researcher PRIMA.

“It’s an interesting opportunity,” Zhang said. “It shows some merchants are enthusiastic in their effort to generate profitability and adapt to change in the international trading environment during this unusual trade war event.”

Questionable Demand

There is no significant production or use of fuel ethanol in Malaysia, the US Department of Agriculture said in a report in October last year. It’s not produced commercially as the feedstock is expensive to transport, and it’s also excluded as a source of alternative fuel under the Southeast Asian nation’s biofuel policy, according to the USDA.

For China, demand for the renewable fuel is growing after the world’s largest automobile market announced an ambitious plan to expand the use of ethanol gasoline for vehicles nationwide by 2020. Weaning itself off from US biofuel may be a challenge it struggles to meet given the lack of domestic production capacity, as well as higher prices from suppliers elsewhere.

How Much?

Malaysia bought about 97 million liters of ethanol this year from the US, mostly in August and September, for a total US$35 million, or 36 cents a liter, according to the USDA.

China purchased a total 88 million liters of ethanol, labeled as ethyl alcohol in import data, during August and September from Malaysia, compared with zero inbound shipments in the first seven months of this year. The total value of the purchase reported to Chinese authorities was about US$49 million, or 56 cents a liter.

Meanwhile, shipments from America to China plunged to just over 13 thousand liters in the quarter ended Sept 30. China’s price per liter for US ethanol was about 44 cents a liter. Now that would be subject to tariffs including a 25% levy imposed in July, a 15% tax adopted in April, and a 30% tariff on all ethanol imports. The prices reported to Chinese customs and the USDA exclude duties.

While a direct transfer of US ethanol via Malaysia to China would be in breach of China’s tariff rules, the product can be labeled as originating in the Southeast Asian nation if it’s blended with at least 40% locally produced fuel before the resale. China already offers preferential levies to qualified products originating from ASEAN countries including Malaysia, and is also looking to finalize a 16-nation trade bloc deal in 2019.

“The market is curious whether the flow will persist and eventually develop Southeast Asia as a sustainable emerging hub,” Zhang said.

Still, some market participants have raised red flags over the sustainability of the new flows, according to a PRIMA report in August. They suspect there is not enough ethanol production capacity in Malaysia for such a trade to seem legitimately viable for long, PRIMA said, cited industry discussions.

“The industry understands that ethanol production in Malaysia is limited, and the country doesn’t consume ethanol either,” Zhang said. “This change has subverted many people’s perception of the fundamentals.”

Posted by Victor Yen > 2018-11-19 14:00 | Report Abuse

Although diff industries

Posted by SamuelLuke > 2018-11-19 18:29 | Report Abuse

Did anyone listened to Connie n Steve?.... those who listen will regret as it is on the uptrend....

Posted by wakarimas > 2018-11-19 18:57 | Report Abuse

show time

Posted by Victor Yen > 2018-11-19 20:55 | Report Abuse

Well, I brushed aside and stay put.
Accept info not have millionaire pump in..

Posted by Steve Ooi > 2018-11-19 20:55 | Report Abuse

SamuelLuke Did anyone listened to Connie n Steve?.... those who listen will regret as it is on the uptrend....

Excuse samuel, I'm in there and I belief my costs lower than yours for sure(inc dividend). Management should somehow notify us on the QTR report that schedule maintenance this and that.

Posted by enning22 > 2018-11-19 22:19 | Report Abuse

QTR reports not meant for reporting "off and on" ,plants repair and maintainance matters

Posted by param54 > 2018-11-19 23:34 | Report Abuse

Oil price drop.means bigger profit

Posted by Steve Ooi > 2018-11-20 10:36 | Report Abuse

enning22 QTR reports not meant for reporting "off and on" ,plants repair and maintenance matters

I mean like some company transparent enough show let us know la, we are part of the company stakeholder ma.
Anyway share price move clear my worry also.
Hope that's another big day tomorrow^^

Posted by SamuelLuke > 2018-11-20 19:49 | Report Abuse

Steve my mistake .... alright hope everything goes well in this counter been accumulating a lot let’s see how things go

Posted by newbie911 > 2018-11-20 23:42 | Report Abuse

Oil dropping 5%.....lctitan fly over Rm5 tomorrow?

Posted by Calvin882 > 2018-11-21 00:16 | Report Abuse

Not easy to predict the movement as not only oil is dropping. The whole market is dropping. The sentiment is bad for producers and exporters.

Posted by lazycat > 2018-11-21 00:28 | Report Abuse

tml lctitan limit up 4.81 x 1.29 = RM 6.20

Posted by enning22 > 2018-11-21 11:20 | Report Abuse

don't BS this or that , the global enviroment has seen many UNCERTAINTY currently due to SIN0-AMERICAN trade war ,people just adopt cautious mood.

Posted by enning22 > 2018-11-21 21:25 | Report Abuse

it is not about different opinions, it is about the economic logic that provides the fundamental strength of the stock concerned.With crude oil plunging to from about 76 or above, to current level 54 usd, the cost of production is very much reduced, there is no proper reason to be over pessimistic about this company.

Posted by SamuelLuke > 2018-11-22 09:10 | Report Abuse

what a coincidence the share price start to move when Connie start sharing the negative news about LCtitan....so I think I shall keep quiet n see how things go......TE3 is under maintenance thts no doubt he is right ya!

Posted by enning22 > 2018-11-22 12:12 | Report Abuse

美国德州石油「井喷」 OPEC厄运将至

台媒自由时报援引《彭博》21日报道称，在德州西部与新墨西哥州一带的二叠纪盆地（Permian Basin），在短短10年间已经建立了11万4千个钻油平台。
据政府数据，美国整体石油产量在8月份时创下了98年以来最大的年成长量，几乎成长了300万桶，达到日产1590万桶，石油产量居世界第1。
据美国能源资讯管理局（EIA）的估计，到了2019年底，美国的石油产量可达日产1740万桶，日进口量仅剩32万桶，是近70年来的低点。
分析指，随着美国「井喷」式的开采德州页岩油，OPEC的噩梦可能快要开始了

Posted by benson85 > 2018-11-22 13:56 | Report Abuse

appreciate connie555 comment also, few days back myself has email IR Mr thomas and surprisingly he did call back and explained.He do welcome investor to call and get further input from his side.
For me titan has solid fundamental, but transparency also important to build up investor confident.At the moment bursa has no rules for what to be announced,it's still under company decision.( i would thumb up for Top glove management, as they disclose everything)
TE 3 just under general maintenance(not major according him) to fulfill DOSH requirement,it may affect 10% top line is full year estimation result, if for quarter basic, the impact is negligible.Bear in mind 4q 2017 ,TE3 also just commenced operation in Dec 2017.So the impact for coming quarter is minor, revenue i think for qoq and yoy may still increase marginally contribute by newly completed pp3,but profit wise it may be flattish.

Posted by Slimy > 2018-11-22 19:58 | Report Abuse

Thanks for sharing. last time we had Naphtha price at today current range lctitant was on fire and water disruption. Is maintenance worst then natural disaster . prooobably not ,

Posted by SamuelLuke > 2018-11-23 07:46 | Report Abuse

Oil price is going down trend it is a comfirm fact, LCtitan production cost should be down a lot. Let’s see how things go

Posted by Victor Yen > 2018-11-23 18:13 | Report Abuse

Ini Kali lah

Posted by trulyinvest > 2018-11-23 21:56 | Report Abuse

Oil px keep falling, when lctitan back to rm6?

Posted by enning22 > 2018-11-24 10:50 | Report Abuse

if the quarterly report shows 350-400 million profit /per quarter, that is the time,shooting beyond the roof.

Posted by enning22 > 2018-11-24 14:57 | Report Abuse

crude oil price touching 50 usd only,what a price.

Posted by RainT > 2018-11-25 17:53 | Report Abuse

350 m to 400 m profit maybe achievable

Let's wait and see

Finger cross

Posted by SamuelLuke > 2018-11-26 09:05 | Report Abuse

Easily above rm5 then moving otw to 6range ! Congrats congrats to those who hold ...