Posted by moneylailai > 2019-01-30 10:37 | Report Abuse

when qr coming out?

Posted by staind86 > 2019-01-30 11:09 | Report Abuse

Today or tomorrow I think... Based on previous report.
Dericlock, Crude oil is one thing, naphtha price is one thing. Polymer selling price is also another thing.

Polymer selling price has been on downtrend due to US, Middle East resins entering Malaysia. Got some report in downstream converter like SGW, daibochi etc. Forget the link.

Posted by lazycat > 2019-01-30 11:54 | Report Abuse

@staind86 profit Drop 80 to 90% ? :l
must have confidence loh...!! if not , better sell now.

Posted by WangLi > 2019-01-30 11:56 | Report Abuse

must have faith qr result better than expected

Posted by Victor Yen > 2019-01-30 12:30 | Report Abuse

Tomorrow...teng teng teng

Posted by Nicholasming91 > 2019-01-30 13:01 | Report Abuse

Gg lo

Posted by staind86 > 2019-01-30 13:07 | Report Abuse

@enning22

Nah.. Read below from qtr report. Then read above my few posts. Who is silly now?

"The main reason for the loss before tax of RM 23.4 million in Q4 2018 compared with profit before tax of RM 381.9 million in Q4 2017 is due to margin squeeze resulting from high feedstock costs coupled with fall in product prices. In addition, there was a provision for write down of inventory cost to net realisable value of RM 45.8 million made in Q4 2018 as a result of lower product market price caused by additional petrochemical supply from other region as a consequence of the US-China
trade war."

Posted by sportstoto > 2019-01-30 13:13 | Report Abuse

Gg

Posted by beso > 2019-01-30 13:20 | Report Abuse

profit tumbled 97%，habislah

Posted by lazycat > 2019-01-30 13:20 | Report Abuse

wa.. myb next quarter will be better

Posted by nich0las > 2019-01-30 13:25 | Report Abuse

ops, will be better. Dont worry.

Posted by qqq3 > 2019-01-30 13:28 | Report Abuse

another value here value there disaster.....

The main reason for the loss before tax of RM 23.4 million in Q4 2018 compared with profit before
tax of RM 381.9 million in Q4 2017 is due to margin squeeze resulting from high feedstock costs
coupled with fall in product prices. In addition, there was a provision for write down of inventory cost
to net realisable value of RM 45.8 million made in Q4 2018 as a result of lower product market price
caused by additional petrochemical supply from other region as a consequence of the US-China
trade war.


the real question is do u have the business sense to see this coming?

Posted by qqq3 > 2019-01-30 13:35 | Report Abuse

charged to cost of sales is older stocks which are more expensive......

Posted by qqq3 > 2019-01-30 14:08 | Report Abuse

I would say Lotte results is bad news for Hengyuan and Petron.

Posted by lksiam > 2019-01-30 14:14 | Report Abuse

Nice call @staind86.

Posted by davidgrace > 2019-01-30 14:14 |

Post removed.Why?

Posted by 8888_ > 2019-01-30 14:28 | Report Abuse

RM 10 billion market cap why profit so low?

Posted by lazycat > 2019-01-30 14:37 | Report Abuse

:l ouch , i cabut dulu

Posted by lazycat > 2019-01-30 14:40 | Report Abuse

now i understand the feeling of myeg , genm , gkent , dsonic , vs holders , although i think their feeling is worse than me x5 at least

Posted by newbie5354_ > 2019-01-30 14:40 | Report Abuse

Follow Icon8888 Holland is the destination?

Posted by enning22 > 2019-01-30 14:47 | Report Abuse

@staind86, you are right!

Posted by Ningen > 2019-01-30 14:48 | Report Abuse

Conmen company, IPO until now, loss until now

Posted by qqq3 > 2019-01-30 14:49 | Report Abuse

that is what IPOs are for....

Posted by signalmw > 2019-01-30 14:51 | Report Abuse

My god

Posted by Jiahui Foo > 2019-01-30 14:53 | Report Abuse

4 also dangerous......

Posted by Ningen > 2019-01-30 14:54 | Report Abuse

OMG

Posted by jjlim > 2019-01-30 14:56 | Report Abuse

gg

Posted by 4444 > 2019-01-30 15:00 | Report Abuse

Those working don't know QR. Tomorrow 1 more round selling?

Posted by apolloang > 2019-01-30 15:01 | Report Abuse

company mention oil price down they will make more instead pula post losses.....really con lah ini

Posted by Icon8888 > 2019-01-30 15:04 | Report Abuse

Guys relax

Posted by qqq3 > 2019-01-30 15:04 | Report Abuse

apolloang > Jan 30, 2019 03:01 PM | Report Abuse

company mention oil price down they will make more
=============

also makes sense provided selling price remains high and no old feed st0cks at high prices.

Posted by Icon8888 > 2019-01-30 15:04 | Report Abuse

I am very relax

Posted by qqq3 > 2019-01-30 15:05 | Report Abuse

Posted by Icon8888 > Jan 30, 2019 03:04 PM | Report Abuse

Guys relax
========

not blaming u, don't worry.....

Posted by Icon8888 > 2019-01-30 15:05 | Report Abuse

Wait for my article

Posted by Jiahui Foo > 2019-01-30 15:05 | Report Abuse

Hoax Korean drama!

Posted by lazycat > 2019-01-30 15:06 | Report Abuse

tml 1 trading day , friday off, next monday half day , tuesday wednesday cny , thursday friday also won't active.. protect capital more important , no eye see..

Posted by signalmw > 2019-01-30 15:06 | Report Abuse

he petrochemical group opened at its revised initial public offering (IPO) price of RM6.50, and hit RM6.53 shortly after the opening bell. Then it drifted south, touching a low of RM6.33. The stock closed at RM6.38 yesterday, down 12 sen or 1.85%.

Posted by CITADEL > 2019-01-30 15:06 | Report Abuse

come on give me limit down!!

Posted by tnang > 2019-01-30 15:08 | Report Abuse

look at the trend, possible below 4.

Posted by qqq3 > 2019-01-30 15:10 | Report Abuse

anyway...shareholders of Lotte are value takers....

but meaningful success comes from s =Qr....Philip kind of stock at an early stage is good .....

Posted by PHconman > 2019-01-30 15:10 | Report Abuse

good to collect..come down to 4.00 welcome

Posted by signalmw > 2019-01-30 15:10 | Report Abuse

mega sales value buy

Posted by lazycat > 2019-01-30 15:10 | Report Abuse

cabut fast = good life ahead

Posted by Jiahui Foo > 2019-01-30 15:11 | Report Abuse

Dun catch the Korean made AXE......

Posted by Choivo Capital > 2019-01-30 15:11 | Report Abuse

Might be time to buy soon.

Posted by signalmw > 2019-01-30 15:11 | Report Abuse

the history bottom but still declare 17 sen dividend cvvalue buy ?

Posted by Icon8888 > 2019-01-30 15:11 | Report Abuse

Bought more at 415

Posted by lazycat > 2019-01-30 15:13 | Report Abuse

investing is like life , up and down , u hit and u miss , gotta live with it :l

Posted by lizi > 2019-01-30 15:13 | Report Abuse

I can see management started to talk about what I have been mentioned last year.....time is not on your side....lctitan miss out the short window of golden opportunity to capitalize on insufficient capacity...no more now

lizi drop below eps of 10 cents is not hard, actually lctitan operating profit is flattish only...don't get cheated with their latest qtr number....i see a few here mention about long term investment...hmm....remember petro chem industry itself is cyclical...that's mean time is not on your side...


ivy88_ let see as it goes, collect slowly as time goes. Biz fundamental is good, just that oil + currency risk. I dont expect Lctitan this Qtr will drop below EPS 10sen by end of Oct result out. For current price 4.60, it way already factor in all the bad news below.
04/10/2018 16:49
04/10/2018 19:19

Posted by Icon8888 > 2019-01-30 15:13 | Report Abuse

You guys need to understand the difference between structural decline and cyclical decline

If you understand that, you find the key to riches