Posted by titan3322 > 2020-05-13 09:23 | Report Abuse

another chance today don't miss it lah

Posted by titan3322 > 2020-05-13 09:24 | Report Abuse

1.89/1.90 is still a good buy

Posted by titan3322 > 2020-05-13 09:30 | Report Abuse

1.90 no more d jangan tunggu lama2 haha

Posted by deadchicken > 2020-05-13 09:52 | Report Abuse

goreng 1 by 1

Posted by Simonalibaba > 2020-05-13 09:52 | Report Abuse

LCTITAN has just been include into MSCI Global small cap index. will see more buying follow through.

Posted by deadchicken > 2020-05-13 09:54 | Report Abuse

market is crazy!!

Posted by laychee > 2020-05-13 10:47 | Report Abuse

Malaysia and Taiwan are defying logic and gravity today. Mat Salleh attacks with cheap USD?

Posted by soros228 > 2020-05-13 12:58 | Report Abuse

Simonalibaba, where is the link that Titan is in MSCI?

Posted by Simonalibaba > 2020-05-13 13:52 | Report Abuse

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May20_SCPublicList.pdf

Posted by titan3322 > 2020-05-13 14:04 | Report Abuse

Target Price should be raised to 2.88

Posted by deadchicken > 2020-05-13 14:20 | Report Abuse

thanks for sharing, simonalibaba!

Posted by soros228 > 2020-05-13 20:55 | Report Abuse

MSCI INDEX will take place on 29 May 2020

Posted by Nepo > 2020-05-13 22:27 | Report Abuse

That is why yesterday up by 10 cents due to inclusion into MSCI Index, the news is at bit late to public..

Posted by warrenbuffet1 > 2020-05-13 23:10 | Report Abuse

great info

Posted by NewNewbieadui > 2020-05-14 10:29 | Report Abuse

Why today keep dropping?!

Posted by titan3322 > 2020-05-14 10:46 | Report Abuse

Buy at this level consider quite safe d

Posted by titan3322 > 2020-05-14 10:47 | Report Abuse

But monitor crude oil price so is the napthta price

Posted by BornToSpeculate > 2020-05-14 11:29 | Report Abuse

Its been going up almost everyday for a long time so its only natural it comes down a bit and stabilize. Today market is down coz of the US. A lot of counters taking a bigger drop today.

Logically nothing has changed fundamentally for Lotte Chem ( oil price remains low and end product prices high ). Powell came out and said that this crisis might take longer to recover than expected for the US

How much of an effect on Malaysian economy is subjective but our 'smart' fund managers will all take this a trading opportunity to sell down first and buy back later

Posted by stockraider > 2020-05-15 08:33 | Report Abuse

Buy lah...!!

Much better than pchem mah....!!

Posted by deadchicken > 2020-05-15 09:19 | Report Abuse

http://www.businesskorea.co.kr/news/articleView.html?idxno=45568

The author is an analyst of Shinhan Investment Corp. He can be reached at jinmyung.lee93@shinhan.com. -- Ed.

1Q20 operating loss of KRW86bn (negative swing QoQ) far short of consensus

Lotte Chemical posted an operating loss of KRW86bn (negative swing QoQ) for 1Q20, far steeper than the consensus estimate of KRW41.2bn. All negatives were reflected in earnings, including inventory valuation losses (KRW61.5bn), regular maintenance-related losses (KRW13bn), and negative lagging effect (KRW173.6bn). By division, operating loss from olefins stood at KRW11.7bn (negative swing YoY), aromatics KRW40.7bn (RR QoQ), and Lotte Chemical Titan KRW69.5bn (RR QoQ). The advanced materials division recorded an operating profit of KRW41bn (+13% QoQ) and Lotte Chemical USA KRW13.9bn (-57% QoQ). Losses from olefins, aromatics and Lotte Chemical Titan were attributable to an explosion at Lotte Chemical’s Daesan NCC, input of high-cost naphtha, and weak demand. With the COVID-19 pandemic in full force from March, the advanced materials division was able to deliver relatively decent earnings. Lotte Chemical USA’s earnings were weighed down by one-off costs and MEG price declines.

2Q20 operating profit of KRW101bn (positive swing QoQ) on cost reduction

Lotte Chemical should be able to swing to an operating profit of KRW101bn (+KRW187bn QoQ) in 2Q thanks to the input of low-cost naphtha and removal of one-off costs. Naphtha prices are expected to decline 48% QoQ. PE and PP spreads are estimated to rise 10% and 14% QoQ, respectively. Operating profit from olefin operations will likely amount to KRW94.9bn (positive swing, +KRW106.6bn QoQ) and Lotte Chemical Titan KRW15.1bn (positive swing, +KRW84.6bn QoQ). Advanced materials operating profit is projected to reach KRW20.3bn (-51% QoQ) with major clients in the US and Europe hit by the COVID-19 pandemic. Lotte Chemical USA is forecast to post operating profit margin of 9.9% (-2.8%p QoQ) on rising ethane prices (C) and falling MEG prices (P).

Retain BUY and raise target price by 9% to KRW230,000

We raise our target price for Lotte Chemical to KRW230,000 based on the upward revision of our earnings forecasts. Earnings are expected to grow markedly in 2Q due to low oil prices. But a meaningful improvement in chemical market conditions is unlikely as the boost from low oil prices should be short-lived and global oversupply persists. Nevertheless, we find shares attractive at current price levels (PBR of 0.5x based on 2020F BPS), considering stronger profit fundamentals compared to past down-cycles and net cash holdings.

Posted by deadchicken > 2020-05-16 08:53 | Report Abuse

https://in.investing.com/news/asia-naphthagasolinenaphtha-crack-surges-nearly-1000-formosa-buys-2259352

Posted by titan3322 > 2020-05-16 10:27 | Report Abuse

Price already locked in for June delivery seems good so Lctitan's profit should be v good for next qtr

Posted by deadchicken > 2020-05-16 10:57 | Report Abuse

Next QR good, QR3 excellent!

Posted by deadchicken > 2020-05-16 15:25 | Report Abuse

https://m.facebook.com/cnn/videos/1455110754668594/
PP syringes shortage.

Posted by deadchicken > 2020-05-16 22:11 | Report Abuse

So Notion will get PP from Lctitan to produce face mask?

Posted by stockraider > 2020-05-17 07:59 | Report Abuse

buylah steady mah...!!

Better & safer than pchem loh...!!

Posted by titan3322 > 2020-05-18 09:43 | Report Abuse

As long as crude don't come back to USD 50-60 level I am still buying for the mid term currently no other stocks present a better and safer option for mid term returns

Posted by Simonalibaba > 2020-05-18 11:48 | Report Abuse

i don't think company performance is based on level of oil prices but more on the demand supply dynamic of the economy toward the oil derivatives products.

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-18 16:37 | Report Abuse

both factors will drive its prospect

demand v. supply dynamics
feedstock costs which correlates with crude oil price

Posted by whitebunny > 2020-05-19 10:04 | Report Abuse

Which quarters should be making good profits?

Posted by VietnamCoffee126 > 2020-05-19 10:13 | Report Abuse

If lctitan give dividen 1 year 4 times then good

Posted by VietnamCoffee126 > 2020-05-19 10:14 | Report Abuse

You want people to buy
Generous on the dividen please

Posted by deadchicken > 2020-05-19 11:12 | Report Abuse

so good, lctitan provides opportunity to buy again. :)

Posted by Simonalibaba > 2020-05-19 13:08 | Report Abuse

With this kind of valuation, just keep it and will be safe. Unlike when ipo

Posted by titan3322 > 2020-05-20 09:28 | Report Abuse

VietnamCoffee distributing 50% of its earning to the shareholders is considerdered very good d not many in bursa do that lo

Posted by Simonalibaba > 2020-05-20 13:37 | Report Abuse

so u r the company promoter

Posted by titan3322 > 2020-05-20 16:20 | Report Abuse

Simon I am a stock speculator with common sense

Posted by deadchicken > 2020-05-20 17:30 | Report Abuse

tomorrow big chance push high again!!

Posted by deadchicken > 2020-05-20 17:33 | Report Abuse

possible hit RM2.00 tomorrow.

Posted by deadchicken > 2020-05-20 18:40 | Report Abuse

China's 250 million scooters riders required to wear helmets. Helmets material - polypropylene. China polypropylene future soaring high again!!!!

Posted by deadchicken > 2020-05-20 18:48 | Report Abuse

炒完口罩炒头盔，聚丙烯再迎上涨行情？ 文章来自[塑米城] https://www.sumibuy.com/subject/detail/21548.html

Posted by deadchicken > 2020-05-20 18:54 | Report Abuse

http://www.bjnews.com.cn/finance/2020/05/20/729494.html

Posted by titan3322 > 2020-05-21 09:31 | Report Abuse

Today kasi pump a bit to 1.90

Posted by jackson88 > 2020-05-21 09:37 | Report Abuse

Alteady above RM1.90 ....price up because PP price gone up and demand increase.

Posted by jackson88 > 2020-05-21 09:37 | Report Abuse

Will reach above RM2 soon

Posted by jackson88 > 2020-05-21 10:08 | Report Abuse

It is good that LC Titan go up above RM1.90. At least it will wipe out all the speculators who had sold below RM1.80. The rise will be more stable after that.

Posted by deadchicken > 2020-05-21 10:19 | Report Abuse

jinghee, read all the comments from Lctitan post. don't be spoon feed baby.

Posted by BornToSpeculate > 2020-05-21 10:30 | Report Abuse

One of the reasons Im still holding this is i cant find a better safe stock to switch to that hasnt gone up already. Guys if u have any please share.

If you been observing there is buying support for this everyday just that the buyer doesnt put it entire on the board for you to see. Everyday it goes up then fluctuates down.

Depending how you analyze, this is still a cheap stock to me with upside in next Q

Posted by Simonalibaba > 2020-05-21 11:31 | Report Abuse

that is exactly the same reason i bot this stock. i don't buy a stock for mere 30% gain. if i don't see 100% its no go. and i go in big position. i once saw this stock at IPO and looking at the prospectus, i tell myself its going to turn bad, never thought so badly hit and i forgot about it until recently. for the last 2 years i only go for gloves stocks and now this is my only focus. i hope i am right.

Posted by soros228 > 2020-05-21 12:41 | Report Abuse

Well said dude. More to come.