next Quarterwill factor in Naptha cost of 344 USD/Tonne. The following quarter (2nd quarter from now) Will factor in around 138 USD - 170 USD/tonne (Current Naphtha price). Best is yet to come
" Mitsubishi Chemical, is likely to undertake a planned shutdown, at its naphtha cracker.
A Polymerupdate source in Japan informed that, the company has scheduled to start turnaround at the cracker on May 9, 2020. The cracker is likely to remain under maintenance till end-June, 2020.
Located at Kashima, Japan, the cracker has an ethylene production capacity of 540,000 mt/year and a propylene capacity of 260,000 mt/year."
KARACHI: Pakistan’s exports may not suffer so badly, but moderately as textile manufacturers – the country’s single largest export industry – have reported receipt of new buying orders from different countries after the world slowly softened lockdown imposed to contain the coronavirus pandemic. Petrochemicals PET Preforms Packaging
“A significant development has taken place (in the textile export sector of Pakistan). We have received new export orders for those textile products which are mainly used in hospitals like white bed-sheets, white gowns and white t-shirts,” All Pakistan Textile Mills Association (Aptma) former vice-chairman Asif Inam confirmed to The Express Tribune.
A renewed commitment to hygiene is propping up sales of previously out-of-favour plastics like polystyrene, as consumers relegate environmental priorities while trying to stay clear of the coronavirus.
For a plastics industry that’s grappling with a drop in demand for household goods and cars, the resurgence is a welcome break. Germany’s Ineos Styrolution and US-based Trinseo SA are both seeing double-digit percentage sales increases in the food packaging and health-care industries. Pet
Perhaps we can draw an assumption although the world was brought into a "complete halt" with MCO, the demand didnt fall in line with the halt. Prices still sustained well despite the drop in naphtha cost (which was caused by the drop in oil prices). Therefore when the MCO eases, the demand will definitely add on top of what were required for the food packaging and PPE. Now when you walk into supermarkets you see everyone wears a mask (PP material), and some supermarkets like jaya grocers give out plastic gloves (polyethylene), the cashiers wearing face shield (High Density Polyethylene). Definitely there is an increased of demand on top of what was required. So LCTITAN is set to ride it out!
not many people understand what LCTITAN producing. PP that are equally important as glove in protective clothing. with the ridiculous valuation in gloves company i sold all my gloves stocks to buy LCTITAN. for any stocks to move it must have the catalysts in it(demand in their material and lower cost in their raw material !. this stock has both what gloves companies have and its much cheaper in valuation!
That in theory is correct that the share price should adjust by the dividend amount. The difference is when an stock in on an underlying uptrend and its perceived to be undervalued, the drop might be only for a short while and might recover sooner than you think.
Also the difference to me is that i would have gotten the cash dividend in my bank account instead of higher paper profit and i don't lose if it rides up all the up when it opens. Assuming if you sell today, you might not be able to get exact 7 cents cheaper or more on ex-date.
between the gloves industry , whereby the prices are at exorbitant PE as compared to LCtitan. Lctitan is a better bet , both in terms of future business prospect, valuation and NTA. LCtitan product will still be in great demand when the world economy normalise, over time as well as during this period of Covid 19. For the Gloves company, what happen to their stock valuation, moving forward and with the exorbitant high PE , they will have to take a hit in the stock price
over past 10 years, prices of Nestle have been going up despite almost 100% dividend payout. some compnies never paid dividend more than 5 years although they did made profit most of the years but prices still sideways
Posted by xterrorsinx > May 6, 2020 4:47 PM | Report Abuse
sell because don't wait for Dividend. Friday price will drop by 0.07 you can pick up again. Many people will be selling.
Posted by BornToSpeculate > May 6, 2020 5:13 PM | Report Abuse
That in theory is correct that the share price should adjust by the dividend amount. The difference is when an stock in on an underlying uptrend and its perceived to be undervalued, the drop might be only for a short while and might recover sooner than you think.
Also the difference to me is that i would have gotten the cash dividend in my bank account instead of higher paper profit and i don't lose if it rides up all the up when it opens. Assuming if you sell today, you might not be able to get exact 7 cents cheaper or more on ex-date.
Anyway so much of interests on this share recently, i might have to buy back at higher prices tmr. I'm in for long term just didnt want to wait so long for the dividend. good luck to all! Seems like no sellers are willing to let go for the shares recently.
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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....
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Posted by BornToSpeculate > 2020-05-05 10:15 | Report Abuse
If you wanna huat, do to the opposite of what the expert says