Posted by LiimInvest > 2020-07-28 23:46 | Report Abuse

Tp > RM3

Posted by AlexZai > 2020-07-29 00:24 | Report Abuse

When is the exact qr...
Strong smell smouldering under the lid.....
Gonna shoot higher than luxchem

Posted by investortrader88 > 2020-07-29 08:47 | Report Abuse

Lc Titan Earnings Announcement for Period Ending Q2/2020:07/30/2020.

Source : Bloomberg.

Posted by doofus > 2020-07-29 10:17 | Report Abuse

last year was out on 31 July - expected to be strong!

Posted by AlexZai > 2020-07-29 10:19 | Report Abuse

Agree.. high priced products... increased plastic consumption

Posted by jhnwck > 2020-07-29 10:32 | Report Abuse

Anyone heard of “the jv”? When would it be happening? Thks

Posted by KInvest8000 > 2020-07-29 10:43 | Report Abuse

Q2 results coming tomorrow. From Q1 performance, if LCT can achieve RM50 mil or more net profit for 2nd quarter amid all the pandemic impact on the overall manufacturing industry, it will be a good return to profitability for this company. Another note is to see how it's operating CF for Q2 to indicate it's operational health and performance moving ahead.

Posted by BornToSpeculate > 2020-07-29 11:04 | Report Abuse

Im forecasting 150m on the basis on that was their avg profit from previous quarters before Q1. Also, margin improved in Q2 so technically should be higher. We just have to Q3 which will good for sure.

Posted by jhnwck > 2020-07-29 11:50 | Report Abuse

Price down from 2.30... why??

Posted by Bradtham > 2020-07-29 12:02 | Report Abuse

keep dropping...2.21

Posted by AlexZai > 2020-07-29 12:12 | Report Abuse

Patient

Posted by AlexZai > 2020-07-29 12:16 | Report Abuse

Perseverance is the key of success

Posted by tftey > 2020-07-29 14:14 | Report Abuse

My estimation for Q2 profit would be good at the range of 150 to 200 Millions.

Posted by KInvest8000 > 2020-07-29 15:53 | Report Abuse

Based on observation, it may be rather difficult for LCT to reach 150-200 millions net profit as similar to past years. Although much improved from the last quarter, their product ASP level is still much lower as compared to 2019.

Last year polymer ASP was above $1000/MT, now the market ASP is hovering just around $750-800/MT. Can expect there would still be some margin compression seen YoY. But there should be gradual improvement in the coming quarters, should there be no sudden spike in crude oil price, which tied to their operating cost.

Posted by jhnwck > 2020-07-29 16:13 | Report Abuse

i think the net profit is around RM50 mln for Q2 2020...

Posted by AlexZai > 2020-07-29 17:11 | Report Abuse

why so anti climax... haix

Posted by jhnwck > 2020-07-29 17:20 | Report Abuse

I guess everyone at glove counters...

Posted by Tkeng > 2020-07-29 18:33 | Report Abuse

Tomorrow flush out contra players.

Posted by AlexZai > 2020-07-30 09:32 | Report Abuse

What time is the report

Posted by jackson88 > 2020-07-30 09:44 | Report Abuse

Normally, LC Titan release Qtr report at lunch time. If report is good, then expect a big rally after lunch time.

Posted by BornToSpeculate > 2020-07-30 09:44 | Report Abuse

Should be end of day. So next working day only market will react

Posted by Lioncity > 2020-07-30 10:21 | Report Abuse

Holding up well at 2.20, resistant at 2.30

Posted by tftey > 2020-07-30 10:34 | Report Abuse

The spread between Naphtha and PP/PE have been widen substantially started April. Demand has been improved after MCO. Could be beginning of up cycle for resin producer now.

Posted by AlexZai > 2020-07-30 11:01 | Report Abuse

Next day is public holiday

Posted by Calculator8 > 2020-07-30 11:14 | Report Abuse

wow!!

Posted by Rookieinvestor > 2020-07-30 11:15 | Report Abuse

i hear the QR results are good

Posted by ticktock > 2020-07-30 11:36 | Report Abuse

be patient......the time has come for awakening.....

Posted by Nepo > 2020-07-30 11:39 | Report Abuse

be careful reverse killing

Posted by chunhan95 > 2020-07-30 12:20 | Report Abuse

Natha price 300usd, crude oil 42usd... New plant production, price should be around 4.8 probably

Posted by AlexZai > 2020-07-30 12:39 | Report Abuse

Tp 4.8?

Posted by AlexZai > 2020-07-30 12:40 | Report Abuse

Limit up 30%

Posted by specializedvenge > 2020-07-30 12:46 | Report Abuse

So the results consider good or bad?

Posted by limitupupup > 2020-07-30 12:47 | Report Abuse

bad QR, limit up d later, good QR will limit down...

Posted by Ladiesman217 > 2020-07-30 12:50 | Report Abuse

Expected result

Posted by Clinton68 > 2020-07-30 12:51 | Report Abuse

Within expectation

Posted by soros228 > 2020-07-30 12:54 | Report Abuse

RM 95m profil

Posted by doofus > 2020-07-30 12:58 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3073167

Posted by AlexZai > 2020-07-30 13:05 | Report Abuse

Sailang

Posted by busyweekly8888 > 2020-07-30 13:08 | Report Abuse

reversal of write down of inventory is 102.7mil. this is still a loss quarter

Posted by busyweekly8888 > 2020-07-30 13:08 | Report Abuse

based on net profit of 88mil

Posted by gdragon > 2020-07-30 13:17 | Report Abuse

decent results... TP 2.70. All in

Posted by AlexZai > 2020-07-30 13:17 | Report Abuse

Is nt this good profit

Posted by KInvest8000 > 2020-07-30 13:33 | Report Abuse

The results is good sign for the company, way above my expectation. Net profit 96 mil (qoq +266 mil). Operating profit even better at 119 mil (+310 million qoq). Looked like a huge earnings turnaround for this quarter. Even their operating CF for 1H20 sits at over half a billion ringgit. A cash rich company and expect things will get even better gradually in the coming quarters.

Earnings are now back to Q2 & Q3 2019 levels. So the fundamental share price should reflective of similar period last year levels, around RM3-3.50. Have good faith in this company.

Posted by chunhan95 > 2020-07-30 13:37 | Report Abuse

Limit up.. Tp 4 easily

Posted by i3john2tan > 2020-07-30 13:40 | Report Abuse

Consider recovery phase during this covid period, good to hold due to:
1. Recovery on sales volume
2. Good result from vaccine progress, hopefully can ready in market on next year.(uncertainty)
3. Strong cash flow to overcome difficulty period.
4. Indonesia plant is in progress , future business expansion is wise good strategies. Only need to track the timely progress. ( Good for long term business expansion)
5. Compare 1st QR, 2nd QR is more satisfying ( good signal)

Posted by AlexZai > 2020-07-30 13:45 | Report Abuse

Thanks for the quaity commnets

Posted by BabyAce > 2020-07-30 13:45 | Report Abuse

Come BabyAce come support you guys already https://klse.i3investor.com/blogs/BabyAceStockAnalysis/2020-07-30-story-h1511440450-LCTITAN_5284_ATTACK_ON_THE_TITAN_Q2_RESULTS_BUY_TP_RM3_00_By_No_1_Analy.jsp

Posted by AlexZai > 2020-07-30 13:49 | Report Abuse

Are u baby ace?

Posted by BabyAce > 2020-07-30 13:50 | Report Abuse

Yalar..You see I lunch also haven't eat help you write this Titan. Going off now.

Posted by BabyAce > 2020-07-30 13:55 | Report Abuse

What I like about people here in LCTITAN is all your comments have substance, unlike some other stocks haha. Hope you guys make money after this lol