Meaning you averaged down at 1.80, from 2.50, from 4.15?
Oh no, were you expecting a dividend from lctitan? Or did you think it will be able to compete with PCHEM opening next door?
Lctitan capacity is 2.4 mpta with no room for expansion. I checked. PCHEM pangerang will be 3.3 mpta to start with ample expansion space, with the refining side petronas/aramco directly opposite. Scale, raw material supply, cheap shipping and production costs, no need to import from overseas.
It will be a bloodbath when pangerang comes online.
PCHEM selling price to customers will be lctitan production costs.
>>>>>>>>>
Choivo Capital lol topped up yesterday. For once, my timing is on point. 12/02/2020 10:29 AM
When listed, 1000 shares can buy 3000 magnum. Now 1000 magnum can buy close to 2000 lotte. Anyway, positive is cash rich. Negative is results will be impacted seriously by recent development.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 176 views | 21 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 420 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fabien "The Efficient Capital Allocater"
1,989 posts
Posted by Fabien "The Efficient Capital Allocater" > 2020-02-12 19:54 | Report Abuse
the korean frenzy is back. 4 oscars win.