LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.16

Today's Change

-0.01 (0.85%)

Day's Change

1.15 - 1.17

Trading Volume

802,500


17 people like this.

12,723 comment(s). Last comment by jinxstock20 13 hours ago

tapdance

86 posts

Posted by tapdance > 2020-03-20 11:12 | Report Abuse

Anyone knows how long was the plant maintenance shut down for (in early 2020)?

mohamsu

125 posts

Posted by mohamsu > 2020-03-20 13:30 | Report Abuse

Plant already run

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-03-20 20:47 | Report Abuse

Waw, limit up intra day.

mf

28,076 posts

Posted by mf > 2020-03-22 09:10 | Report Abuse

Oil falls 11%, on track for worst month on record

bahai4453

2,297 posts

Posted by bahai4453 > 2020-03-23 15:03 | Report Abuse

Hold tight. next rebound is on the way.

firehawk

4,780 posts

Posted by firehawk > 2020-03-24 15:08 | Report Abuse

want to limit up again?

jackson88

412 posts

Posted by jackson88 > 2020-03-27 11:34 | Report Abuse

Company got RM4bil cash from IPO 5yrs ago. Maybe taken private since share is so below value. Each share got RM1.70 cash. But price only RM1.20 per share

bahai4453

2,297 posts

Posted by bahai4453 > 2020-03-27 12:49 | Report Abuse

Be aware of the long weekend. Any thing can happened at this times of the months. US 3 millions jobless at this moment. 3 Trillion can last for 6 weeks only.

Foker

1,406 posts

Posted by Foker > 2020-03-30 19:03 | Report Abuse

Jackson, it it doesn't have RM 1.70 cash per share. Furthermore, if you deduct current liabilities, it will be far less. The net cash per share will be around RM 0.5

Foker

1,406 posts

Posted by Foker > 2020-03-30 19:09 | Report Abuse

But Graham says if a company is trading below its net working capital, you are almost guaranteed you will make money. If you go around and look, there are scarcely any shares that trades below its net working capital. Because this share came fresh off from its IPO, its share price is actually trading at 0.5 times its net working capital.

Foker

1,406 posts

Posted by Foker > 2020-03-30 19:12 |

Post removed.Why?

Foker

1,406 posts

Posted by Foker > 2020-03-30 19:13 | Report Abuse

Worth less than the amount*

Posted by learnbyheart > 2020-04-07 18:27 | Report Abuse

nice chart pattern formed after so many week accumulate ..gap up with such a huge volume

Posted by learnbyheart > 2020-04-09 12:54 | Report Abuse

As per my comment one day before..Dividen Ex date on early May hence worth collect.
https://klse.i3investor.com/blogs/PublicInvest/2020-04-08-story-h1485848067-Technical_Buy_LCTITAN_5284.jsp

Gala Kat

904 posts

Posted by Gala Kat > 2020-04-09 16:00 | Report Abuse

Sneakpeek Officially a penny stock … where did you learn this from, big mouth ?

Cash Only

665 posts

Posted by Cash Only > 2020-04-10 11:07 | Report Abuse

30 largest shareholder control 95%. LCC koreo own 76%. cash in hand 4B. I think worth consider

Foker

1,406 posts

Posted by Foker > 2020-04-10 13:00 | Report Abuse

Okay, it seems they will be burning alot of cash by 2022,not sure if it is a good idea to buy in

up2up

93 posts

Posted by up2up > 2020-04-10 15:28 | Report Abuse

Hi Foker, may I know why you mentioned that Co will burning a lot of cash by 2022 ? Thank you.

Posted by Fabien "The Efficient Capital Allocater" > 2020-04-10 19:17 | Report Abuse

wow this company is valued at negative enterprise value

ngwt

2,093 posts

Posted by ngwt > 2020-04-12 20:13 | Report Abuse

Sell any LCTITAN shares before it drop to below 99c again. Any rebound is the time for you to escape at higher cost. Don't dream for RM2.00 during recession

James Ng

2,690 posts

Posted by James Ng > 2020-04-12 21:47 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-12-story-h1505929179.jsp
[转贴] [Facebook live video:浅谈Lotte Chemical Titan holdings bhd (LCTitan)] - James的股票投资James Share Investing

david123

159 posts

Posted by david123 > 2020-04-13 08:28 | Report Abuse

ngwt don't talk cock here. you think you are GOD /

Kakaktua

55 posts

Posted by Kakaktua > 2020-04-13 09:58 | Report Abuse

is it a good time to average? i have one at 5.50 !

moneyfind

244 posts

Posted by moneyfind > 2020-04-13 10:02 | Report Abuse

Everyday this counter drop....stupid!

Posted by leslieroycarter > 2020-04-13 13:20 | Report Abuse

Law of averages can’t apply fully here but to lesser extend may b .
U may b a little faster for break even but long term hold may prove worthy coz its dividend received will compensate investment in local bank.

Gemini

321 posts

Posted by Gemini > 2020-04-13 14:49 | Report Abuse

The daily volumes tells you smart money is in already.

Gemini

321 posts

Posted by Gemini > 2020-04-13 14:52 | Report Abuse

If it is not a good buy why so high volume? One thing only you observe, high volume with price upwards means there are buying momentum towards upward price.

Gemini

321 posts

Posted by Gemini > 2020-04-13 14:53 | Report Abuse

Volume creation everyday is money coz have to pay brokerage. Ask yourself this question WHY??

Gemini

321 posts

Posted by Gemini > 2020-04-13 14:58 | Report Abuse

Kakaktua, too bad you bought 5.50 in trading the common misconception is buy to average is WRONG. You will have to forget that 5.50 and put it in the safe lock up at the moment. Focus on current, focus on your new position now. Ask yourself can I MAKE MONEY if I buy this price. If the answer is yes then what are you waiting for.

Kakaktua

55 posts

Posted by Kakaktua > 2020-04-13 16:14 | Report Abuse

Gemini, thanks. i am pretty sure you advice is good. but what to do i am human who was greedy. learned a lesson

Gemini

321 posts

Posted by Gemini > 2020-04-13 17:16 | Report Abuse

You should have a stop loss strategy and.... re position when price has bottom. Time is of essence and patience pays...

Gemini

321 posts

Posted by Gemini > 2020-04-13 17:19 | Report Abuse

When prices are high given any stocks, long term is not in the equation. You only engage long term when in crisis and prices is all time low. Common sense applies .....

moneyfind

244 posts

Posted by moneyfind > 2020-04-13 18:07 | Report Abuse

Gemini u talk about brokerage fee?aiyo.....it is cheap lo..u never trade 1 counter for 1 day?in & out many times?never?go check ur contract note..brokerage fee count 1 for total buy & total sell in 1 day lo...u dont advice vol if u dont know!

Gemini

321 posts

Posted by Gemini > 2020-04-13 18:17 | Report Abuse

4 phases in share movement. Accumulation, mark up, distribution, mark down. You need to know where the price is at the moment compare to B4 and volume concentration currently.

Posted by deadchicken > 2020-04-14 09:08 | Report Abuse

both PE & PP price surge start from April

Posted by deadchicken > 2020-04-14 09:10 | Report Abuse

Surgical masks, once simply a strip of cloth tied around the face of a doctor or nurse, are today manufactured using non-woven fabrics made from plastics like polypropylene to filter and protect

Posted by deadchicken > 2020-04-14 09:38 | Report Abuse

media news haven't cover yet. is time to buy and hold.

Posted by deadchicken > 2020-04-14 10:05 | Report Abuse

PCHEM leading now :)

Posted by deadchicken > 2020-04-14 10:06 | Report Abuse

LCTITAN will follow :)

moneyfind

244 posts

Posted by moneyfind > 2020-04-14 10:16 | Report Abuse

This lctitan should be at least rm 2 family..shame la at rm1 family

chickmonk

991 posts

Posted by chickmonk > 2020-04-14 10:21 | Report Abuse

PCChem engine started.

Posted by BornToSpeculate > 2020-04-14 11:25 | Report Abuse

i just joined you guys this morning :-)

moneyfind

244 posts

Posted by moneyfind > 2020-04-14 12:30 | Report Abuse

Operator kasi play new range la...boring la each week 1.2-1.35....play around 1.7 -1.95 so that can attract more retailers..stupid operator

Posted by deadchicken > 2020-04-14 14:24 | Report Abuse

BUY BUY BUY. IB haven't cover PP price surged.

Posted by deadchicken > 2020-04-14 14:42 | Report Abuse

SINGAPORE (ICIS)--China’s domestic polypropylene (PP) prices have rallied since end-March, driven by spiking demand for downstream face masks amid the coronavirus pandemic, while supply of some grades has tightened partly due to scheduled plant turnarounds.

On 10 April, spot prices of PP yarns, injections and low melt-index block copolymers in east China stood at yuan (CNY) 7,425/tonne; CNY7,500/tonne and CNY7,650/tonne, respectively, according to ICIS data.

The prices have rebounded by nearly CNY1,142/tonne or an average of 18% from lows recorded in end-March, the data showed.

ICIS Editorial Chart goes here

Overseas demand for face masks has been surging as global coronavirus infections reached 1.7m, with the death toll at above 100,000. The outbreak is believed to have emerged late last year in Wuhan in central China.

With a growing number of people across the world wearing face masks as protection against infection from the flu-like virus, demand for PP fibres was consequently boosted.

PP fibres with a melt index of 35-40 make up the outer layer of face masks, which typically comprise two layers of fibres and middle melt-blown material, according to experts.

For major producer Dushanzi Petrochemical, offers for its S2040 PP fibres reached as high as CNY25,000/tonne, according to market sources.

Booming demand and high margins have prompted China’s domestic polyolefin producers to start switching to producing PP fibres since late March.

A total of 28 domestic PP plants in the country with a total capacity of 6.53m tonnes/year - about 26% of China’s total capacity for the polymer - have made the switch to producing high melt-index PP fibres, according to industry sources.

More production of PP fibres has squeezed supply for other general-purpose grades further, triggering the price uptrend.

A number of PP plants in China are due for maintenance in the second quarter.

Focus article by Aviva Hu

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