LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.03

Today's Change

+0.02 (1.98%)

Day's Change

1.01 - 1.04

Trading Volume

1,018,800


17 people like this.

12,750 comment(s). Last comment by cbkia4896 3 days ago

dxbman

894 posts

Posted by dxbman > 2020-05-08 02:58 | Report Abuse

Tmrw will open arnd 1.80 and shoot up further

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 06:54 | Report Abuse

Veli...veli....steady with upside bias loh...!!

Posted by xterrorsinx > 2020-05-08 08:47 | Report Abuse

Trying not to trade with emotions. I do see a good long term prospect for LCTITAN. But it's time for correction. With or without, i'll enter today. :)

Posted by deadchicken > 2020-05-08 08:55 | Report Abuse

7sen dividend inside pocket. HEHE!!

titan3322

2,455 posts

Posted by titan3322 > 2020-05-08 09:07 | Report Abuse

huhuhu reward for patience

Vencho

15 posts

Posted by Vencho > 2020-05-08 09:18 | Report Abuse

Do I have to hold until 5pm today only entitle to get dividend?

Posted by deadchicken > 2020-05-08 09:22 | Report Abuse

buy today no dividend.

Vencho

15 posts

Posted by Vencho > 2020-05-08 09:24 | Report Abuse

If I bought last week, can I sell anytime today and still get dividend?

Posted by deadchicken > 2020-05-08 09:25 | Report Abuse

Yes

Posted by xterrorsinx > 2020-05-08 09:27 | Report Abuse

Yes congrats all!! I'm entering at 1.75-1.78. I skipped the dividend purposefully :)

Posted by investortrader88 > 2020-05-08 09:31 | Report Abuse

lc titan.before or after ex div.still steady !

Posted by deadchicken > 2020-05-08 09:41 | Report Abuse

but u lost brokerage fees. LoL

titan3322

2,455 posts

Posted by titan3322 > 2020-05-08 09:51 | Report Abuse

Those who have kept it and sold today at 1.82 have done better

Posted by BornToSpeculate > 2020-05-08 09:53 | Report Abuse

Thats why i dont trade on especially stocks im comfortable to hold. Once you sell, you might not be able to buy back. Sometimes you get it cheaper, sometimes times you dont and you might end up being the idiot in the room. The dividend anyway is within 1 day price moving average ( up or down ) and its on a upward trend. So just think about the bigger picture

titan3322

2,455 posts

Posted by titan3322 > 2020-05-08 09:54 | Report Abuse

Get ready for 15 sen dividend next year if the EPS is 30 sen bcoz they will distribute 50% of thier earnings by way of dividend as stated earlier

Posted by investortrader88 > 2020-05-08 10:12 | Report Abuse

lc titan have cash around RM 4 bil +-.debt free.next few qr if profit , sharing 50% profit to shareholders.how many listed co in klci have this potential .those who just receive div why want sell this good stock.

kl_guy

1,482 posts

Posted by kl_guy > 2020-05-08 10:17 | Report Abuse

Lctitan got buyer after ex-date. look like no more rm1.75.

Posted by BornToSpeculate > 2020-05-08 10:18 | Report Abuse

jlex11 i will only comment here and not in glove forums coz i dont want pour cold water especially when im not holding the stock.

Harta at 70x and Topglove at 50x is rubbish at the current prices. They are only sustaining coz our stupid fund managers spend too much time on entertainment that they dont know what else to buy so its herd mentality. Imagine that Alibaba PE is only about 40 times and Google PE 27 times. Which you think has more potential to grow profits ?

These are glove companies that are actually contract manufacturers for medical groups where prices are negotiated every quarter. Expansion of capacity takes 3-6 months or longer. Is there Tech involved in glove manufacturing ? Go for factory visit then u have your answer there.

Traditionally we have a lot of glove manufacturers due to raw material latex. Now that everyone is moving to nitrite gloves, glove factories can technically be anywhere in the world as machinery lines can be automated and dont need much human labor.

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 10:35 | Report Abuse

Thats why loh....!!

Country like USA willing to go to war just to get N95 loh...!!

Here in malaysia we have mtag a valuable N95 trading below IPO price with net cash rm 100m mah...!!

Crazy....veli Crazy mah....!!

Should buy buy buy mtag loh...!!

Posted by Sslee > May 8, 2020 10:03 AM | Report Abuse

Haha stockraider,
INTAG is Authorized distributor for 3M. 3M is America Company.
https://www.nytimes.com/2020/04/03/us/politics/coronavirus-trump-3m-ma..

JayC88

898 posts

Posted by JayC88 > 2020-05-08 10:42 | Report Abuse

Q-ed at 1.75 just now tak dapat pun... haha

JayC88

898 posts

Posted by JayC88 > 2020-05-08 10:46 | Report Abuse

stockraider, mtag is good but why u have to promote at other stock's page? tell me why???

Posted by xterrorsinx > 2020-05-08 11:10 | Report Abuse

Sell more titan to me :D

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-05-08 12:14 | Report Abuse

Loss QR can up? No wonder PN must be backdoor govn.

JayC88

898 posts

Posted by JayC88 > 2020-05-08 12:21 | Report Abuse

aiyo how come i didn't realize this. come i sell to you Hidup_Anwar

wazhab

255 posts

Posted by wazhab > 2020-05-08 12:39 | Report Abuse

Profit taking mode

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-05-08 12:40 | Report Abuse

Dividend for 2019 profit, loss in Q1 2020 can pay dividend in 2021? PN backdoor govn expert only can?

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 12:41 | Report Abuse

Pakai otak lah...!!

Retained earnings manyak mah...!!

Posted by Hidup_Anwar > May 8, 2020 12:21 PM | Report Abuse

Dividend for 2019 profit, loss in Q1 2020 can pay dividend in 2021? PN backdoor govn expect only can?

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 12:43 | Report Abuse

U don to make monies but other people wants mah...!!

Mtag tips veli veli good loh...!!

Up already mah....$$$$$$$$$$$$$ coming more more loh...!!

Posted by JayC88 > May 8, 2020 10:46 AM | Report Abuse

stockraider, mtag is good but why u have to promote at other stock's page? tell me why???

Vencho

15 posts

Posted by Vencho > 2020-05-08 12:58 | Report Abuse

@deadchicken, thank you.

jlex11

536 posts

Posted by jlex11 > 2020-05-08 13:43 | Report Abuse

Bor to speculate : fully agree with you. When the music stop on Gloves industry prospect , let look at their faces in holding counters, with such high PE ratio and an industry whereby restriction on new entrance is very eary...

Posted by xterrorsinx > 2020-05-08 13:48 | Report Abuse

I agree with Jay, Gloves dont scale well with MCO. Hospitals have been running during MCO. But for Masks and other PPEs, yes because people will need more of them when moving around (eg. shopping). Even for gloves - it will be polyethylene cost-effective disposable type, not the clinical types.

jackson88

412 posts

Posted by jackson88 > 2020-05-08 14:50 | Report Abuse

How come LC Titan go up so much today? Price should go down after ex-dividend. But price today is higher after ex-dividend. I tried to buy today but failed. Sad....

JayC88

898 posts

Posted by JayC88 > 2020-05-08 14:55 | Report Abuse

should have bought in 1.77 just now.
by right 1.82 minus 0.07 should be 1.75.
tried to queue 1.75 at opening but didnt get.

Chill88

70 posts

Posted by Chill88 > 2020-05-08 14:59 | Report Abuse

Going to get dividend and price is still moving steadily towards RM2.

Posted by Simonalibaba > 2020-05-08 15:10 | Report Abuse

i have been waiting since 2016 to buy real value stock.thanks to deadchicken for bloging and also born to speculate and xterrorsinx!

not easy to get this kind of situational stock plus good value.

you are paying cash for cash plus 4 billion plants and business goodwill for free? plus PPE in demand.

Posted by xterrorsinx > 2020-05-08 16:51 | Report Abuse

Congrats all :)

Posted by deadchicken > 2020-05-08 16:51 | Report Abuse

Good close. See you next week! Welcome alibaba.

Posted by investortrader88 > 2020-05-08 16:58 | Report Abuse

after ex div.price go up.amazing !

Posted by deadchicken > 2020-05-10 20:32 | Report Abuse

If the covid-19 vaccine ready, how many PP syringes needed? Whole world population about 8 billion.

titan3322

2,455 posts

Posted by titan3322 > 2020-05-12 09:33 | Report Abuse

chance to buy today don't miss it !

titan3322

2,455 posts

Posted by titan3322 > 2020-05-12 09:35 | Report Abuse

1.77/1.78 a good buy for the mid term. A higher dividend is on the card

titan3322

2,455 posts

Posted by titan3322 > 2020-05-12 09:48 | Report Abuse

1.78 tarak d

Posted by deadchicken > 2020-05-12 11:45 | Report Abuse

any retrace is a buy back opportunity.

jackson88

412 posts

Posted by jackson88 > 2020-05-12 14:35 | Report Abuse

Any news why LC Titan gone up so much today to RM1.90?

Posted by deadchicken > 2020-05-12 14:38 | Report Abuse

no news is good news.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-05-12 14:42 | Report Abuse

I think it is in line with other rubber glove companies such as Comfort, Rubberrex, Supermx and Top Glove due to concern over possible 2nd wave of Covid 19. LC TITAN supplies resin for those companies.

Posted by BornToSpeculate > 2020-05-12 14:53 | Report Abuse

Its going up coz its undervalued and probably still a lot more upside. I see most ppl here are happy except a few sour grapes that probably stop commenting coz they couldnt stand being wrong everyday

I think this can still go and at this point i dont know a better safe stock to invest in that hasnt already gone up.

Michael Kwok

6,301 posts

Posted by Michael Kwok > 2020-05-12 15:52 | Report Abuse

Still enjoying the show on the stock market.My Lctitan target below...

LC Titan blog.
Michael Kwok
1744 posts
Posted by Michael Kwok > Apr 20, 2020 2:40 PM | Report Abuse X

I already see the chart.Monthly oversold but hooking up,weekly oversold but hooking up.Good sign.I dun expect drop dramatically along the price recovery.These counter a proxy to play due to Covid 19.I set TP above rm 3.

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