Posted by Gemstar > 2020-06-23 22:25 | Report Abuse

Add some lctitan... price quite attractive now

Posted by mohamsu > 2020-06-23 22:53 | Report Abuse

JV with Top Glove on the pipeline

Posted by Nepo > 2020-06-24 05:38 | Report Abuse

Not easy for two giants to JV to do STH..
You know when sb is big enough, his sound also loud..then two loud sounds are not easy to compromise on the JV terms.

Although Lotte is good, but I would like to diversify my portfolio..and buy in oil palm stocks .no best strategy..but diversify your fund can reduce risk taken..

Posted by dompeilee > 2020-06-24 07:14 | Report Abuse

Not easy to escape a relentlessly downtrending stock like LCTitan...broke 4.00, then 3.00, then 2.00, then briefly 1.00, but I did. Pretty miraculous!

Posted by stainlyho37 > 2020-06-24 10:36 | Report Abuse

Seasoning demand stock..still very good pricing for collection..expecting to go back 2.3 and 2.5 in short term..

Posted by Needmoney > 2020-06-24 20:00 | Report Abuse

May be hv to wait until next QR report. They demand from glove industrial should be good.

Posted by dompeilee > 2020-06-25 08:43 | Report Abuse

Dow DOWN again...can wait until next year closer to the next dividend to buy lah =)

Posted by titan3322 > 2020-06-25 09:18 | Report Abuse

When US market drop crude oil also drop therefor our darling lctitan may not follow suit but instead will go up hehe

Posted by Nepo > 2020-06-25 17:05 | Report Abuse

乐天前会长20年前立遗嘱 3语指定次子继承 长子崩溃
https://www.chinapress.com.my/?p=2089704

Posted by dompeilee > 2020-06-25 20:22 | Report Abuse

Dow looks like can pomcet another few hundred or more points. Better stay out until the downtrend ends.

Posted by titan3322 > 2020-06-25 21:20 | Report Abuse

TW JollyAndy I do share your view when crude oil falls lctitan will do well simple bcoz the asp price not only maintained but has gone up too only concern is the competition in the future

Posted by mf > 2020-06-25 21:31 | Report Abuse

Stocks fall for a second day on continuing virus concern, worse-than-expected jobless claims

Posted by Rookieinvestor > 2020-06-25 21:40 | Report Abuse

hopefully the shares will fly soon

Posted by deadchicken > 2020-06-26 09:51 | Report Abuse

olefins & polyolefins / naphtha spread up avg 6 % yesterday.

Posted by soros228 > 2020-06-26 10:15 | Report Abuse

deadchic, polyolefins/ naphtha spread means what? up 6% is it good?
can elaborate further, thanks

Posted by dompeilee > 2020-06-27 08:48 | Report Abuse

The Dow baBOOM DOWn again...wait another few weeks to buy lah lol

Posted by xterrorsinx > 2020-06-28 22:12 | Report Abuse

Exciting, im ready to enter soon!

Posted by NesTyYonG > 2020-06-29 01:08 | Report Abuse

Tomorrow is their AGM, hopefully there's positive outcome even do DJI had drop last week and futures to red on upcoming.
Best of luck all..

Posted by JackTan1217 > 2020-06-29 08:18 | Report Abuse

oil price is dropping...good for Lotte....time for me to all in....

Posted by Nepo > 2020-06-29 11:34 | Report Abuse

@JackTan, pls inform us when u are all in..

Posted by NesTyYonG > 2020-06-29 14:43 | Report Abuse

All in now should be ok already.

Posted by Nepo > 2020-06-29 15:49 | Report Abuse

haha, all in possible to bankrupt
not all in, 100% can survive.
'should' this word can't gurantee OK..only all in when it is sure sure sure 100% safe safe safe..

Posted by chkhooju > 2020-06-29 16:04 | Report Abuse

Be careful. Don't lose your pants.

Posted by chshzhd > 2020-06-29 16:07 | Report Abuse

nothing special at agm just now:)

Posted by BornToSpeculate > 2020-06-29 16:42 | Report Abuse

I have some info from plastic industry that good profit will only from q3 onwards coz prices went up in may and there is a price lag and orders taken in advance. I expect a profit for sure for q2, let's see.

Nothing much to worry at this level

Posted by aliyusof > 2020-06-30 05:35 | Report Abuse

https://www.theedgemarkets.com/article/lotte-chemical-says-track-be-toptier-asean-petrochemical-firm?type=malaysia

Posted by NesTyYonG > 2020-06-30 14:54 | Report Abuse

Trying hard to breakthrough 1.8 above.. But still cant... Hopefully positive on this week.

Posted by vinext > 2020-07-01 09:18 | Report Abuse

LC titan sell gloves RAW Mat
At AGM LC said it sells it, any1 has info?
who owns Lc here? u r entitled the access to AGM, find out, tq

Posted by BornToSpeculate > 2020-07-01 09:34 | Report Abuse

Butadiene

Posted by NesTyYonG > 2020-07-01 12:00 | Report Abuse

Looks like today's price LC is trying hard to breakthrough 1.85 above if possible. May the best be with us.

Posted by Solomon7 > 2020-07-02 11:44 | Report Abuse

@nestyyong, your dream come true today. Propelling to 2

Posted by hng33 > 2020-07-02 11:44 | Report Abuse

bought LC at 1.88

Posted by Nepo > 2020-07-02 11:53 | Report Abuse

If it is insiders buying, then congratulation

Posted by pradeep > 2020-07-02 11:53 | Report Abuse

Vinext how to find out what happen at the AGM

Posted by pradeep > 2020-07-02 11:57 | Report Abuse

I believe its fundamental are strong just in the logical terms and layman where IPO is 6.50 then why cannot buy

Posted by BornToSpeculate > 2020-07-02 12:36 | Report Abuse

When it was listed at 6.50, LCT makes about 400-500m per quarter. Since then it has come down to about half or less thats why the price dropped. This is consistent with the industry as PCHEM has also dropped profitability in 2019.

Topglove make 300m a quarter everyone jumping and screaming. If this can go back to IPO profit level hopefully in Q3 ( as Q2 profits will not be able to fully recognize the increase in ASP ), imagine what the price could be

Every industry is cyclical so there are good times and they are bad times, at this price can only be upside

Posted by lindalinda > 2020-07-02 13:25 | Report Abuse

I heard LC will get contract from Petronas... is it true?

Posted by titan3322 > 2020-07-02 14:07 | Report Abuse

There were strong buying today maybe people are anticipating a profitable qtr ending June 30 but I would think next qtr after this would be fantastic

Posted by pinetree88 > 2020-07-02 14:54 | Report Abuse

Added 1.90 today. Looks gg above $2 again.
With economy gradual recovery, demand should be coning back. Hopefully they announce Q2 dividend?

Posted by NesTyYonG > 2020-07-02 15:00 | Report Abuse

Congrats to all on ongoing happens, by seeing the volume is back today, expected closing for today will be at lease 1.88, for sure we all hope for higher.

As we can see that the volume is back, so hopefully tomorrow will be trying hard to break through 2.01 and above.

May the best be with us.

Thanks.

Posted by ochai > 2020-07-02 15:06 | Report Abuse

volume coming.. boarding now!! tomorrow fly again...

Posted by hng33 > 2020-07-02 15:28 | Report Abuse

Global Economic on recovery path, demand for petrochemical product increasing, profit margin improving

Posted by jackson88 > 2020-07-02 16:01 | Report Abuse

Very clear that someone or some funds are accumulating ahead of Q2 result which is to be announced anytime before end of July. The volume is 5 times the normal daily volume. Won’t be surprise of a big profit as there was a big adjustment / impairment of inventory in Q1. Now price of feedstock naphtha is going up. Good luck to all!

Posted by Fabien "The Efficient Capital Allocater" > 2020-07-02 19:55 | Report Abuse

net cash (after adjusted for dividend 159mil) is 4,033mil

price at 1.81, market cap = 4,177mil

you are paying 303mil for its entire business

net current asset is 4,495mil = 2.18 per share

even at 1.85, your return on NCA = 17.8%

first target NCA = 2.18

Posted by pradeep > 2020-07-02 20:59 | Report Abuse

I see it will go to 2.50 and thereafter 3.00 + but must have holding power

Posted by jackson88 > 2020-07-02 21:53 | Report Abuse

Lotte Chemical Titan Increase Production & Targets in Indonesia https://www.idnfinancials.com/news/34967/lotte-chemical-targets-increase-polyethylene-production

Posted by investortrader88 > 2020-07-03 09:36 | Report Abuse

huat ahhhhhhhh. !

Posted by hng33 > 2020-07-03 10:00 | Report Abuse

sold all LC titan at 2.07-2.08

Posted by Eric6790 > 2020-07-03 10:09 | Report Abuse

y u sold I think it can come to more higher

Posted by Inventor2020 > 2020-07-03 10:12 | Report Abuse

So fast sell? I heared TP is 2.5