Posted by greenberg > 2020-08-19 23:37 | Report Abuse

Momentum a bit few cent gain. Happy for a day. Friday going rising.

Posted by aliyusof > 2020-08-20 07:15 | Report Abuse

https://www.theedgemarkets.com/article/aminvestment-bank-maintains-buy-petchem?type=malaysia

Posted by aliyusof > 2020-08-20 07:24 | Report Abuse

Good buy Lotte Chemical.... mid n long term surely

Posted by YouNeedTrust > 2020-08-22 12:04 | Report Abuse

First TP RM2.00 by next week

Posted by DreamKaiser > 2020-08-22 12:06 | Report Abuse

lagi tidor juga kah

Posted by DreamKaiser > 2020-08-22 12:07 | Report Abuse

still hibernating juga kah

Posted by titan3322 > 2020-08-23 20:44 | Report Abuse

Time to accumulate a little more at 1.80+ as the qtr ending Sept 30 would be better than the last qtr. Hopefully a decent dividend of 10 -12 sen would be paid out for this FY

Posted by hng33 > 2020-08-24 15:16 | Report Abuse

add LCtitan at 1.8

Posted by Hakuna > 2020-08-24 17:20 | Report Abuse

Why keep drop one the price

Posted by Nepo > 2020-08-24 19:24 | Report Abuse

Now I senang senang collect collect at 1.7x , now almost no one lol..can't lol..

Posted by Nepo > 2020-08-24 20:05 | Report Abuse

NBL is a synthetic rubber that uses butadiene as the main feedstock and is a core raw material in making nitrile gloves, which is widely used in industries such as healthcare, medical, and food, among others, to complement the existing natural rubber gloves due to its excellent intensity and chemical-resistance features.

Nitrile gloves usage has seen a rapid growth recently due to the Covid-19 pandemic, with demand rising at an annual average of more than 10 per cent, and is expected to account for 70 per cent of the entire latex gloves market in 2024.

Posted by investortrader88 > 2020-08-25 11:33 | Report Abuse

done top at Rm 1.78.good luck guys !

Posted by LiimInvest > 2020-08-26 13:19 | Report Abuse

Done top up

Posted by Nepo > 2020-08-26 13:47 | Report Abuse

Now is the time to release some bullets.
Easily top up some, no hurry, take your some, plenty of golden coins available..

Posted by whitebunny > 2020-08-26 15:50 | Report Abuse

When is the upcoming QR?

Posted by titan3322 > 2020-08-26 16:32 | Report Abuse

whitebunny End Oct will announce next qtr results which is expected to be much better than last qtr Today red bcoz PChem double digit fall but many do not know pchem will not benefit from low crude price

Posted by BornToSpeculate > 2020-08-26 19:12 | Report Abuse

After looking at PCHEM bad results of Q2 RM185M only ( 83% drop in profit ), LCT results are actually not bad.

Posted by YouNeedTrust > 2020-08-26 22:22 | Report Abuse

Well said Sifu BornToSpeculate,I have sold my Pchem earlier and bought in LCT.

Posted by 2020klcinewbie > 2020-08-27 00:31 | Report Abuse

When is the upcoming qr

Posted by m_aloha > 2020-08-27 00:34 | Report Abuse

Top up done..hold till Q3 for next step

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

Wth why drop like no mana

Posted by BornToSpeculate > 2020-08-27 08:38 | Report Abuse

Q3 ending 30 Sept 20 but they will announce 30 days after instead of the norm 60 days so by before end Oct 20 results will be out.

Posted by GoBig21 > 2020-08-27 12:11 | Report Abuse

Top up maximum done. Go big or go home.

Posted by Nepo > 2020-08-27 17:11 | Report Abuse

Congratulations GoBin, welcome to this BIG family. Together we grow or die...?

Posted by Nepo > 2020-08-27 17:20 | Report Abuse

Recall history on 5 Jan 2016

Korea's Lotte Chemical explores IPO of Malaysian arm to raise US$500m


KUALA LUMPUR: Lotte Chemical Corp., the South Korean plastics manufacturer, is exploring an initial public offering of its Malaysian petrochemicals arm that could raise more than US$500mil, people with knowledge of the matter said.

The unit Lotte Chemical Titan Holding Sdn. could sell shares in Kuala Lumpur as soon as the second half of this year, the people said, asking not to be identified as the information is private.

Malaysia has hosted only one IPO of more than $500 million in the past two years, the $885 million share sale from power producer Malakoff Corp. in April 2015, according to data compiled by Bloomberg. First-time share sales in the country raised $1.28 billion last year, compared to $1.25 billion in 2014, the data show.

Lotte Chemical hasn’t yet decided whether to proceed with a listing of the Malaysian unit, and details such as the fundraising amount haven’t been set, the people said.

A Kuala Lumpur-based spokesman for Lotte Chemical Titan didn’t respond to phone calls and an e-mail seeking comment, while Lotte Group said in an e-mailed statement that it can’t verify any potential plans for the Malaysian unit to pursue an IPO.

Plastics produced by Lotte Chemical Titan include polyethylene, used in shopping bags and toys, as well as polypropylene, which can be found in battery casings and car parts. The company also makes olefins that are part of the manufacturing process for rubbers and detergents.

Lotte Chemical, when it was called Honam Petrochemical Corp., bought Titan Chemicals Corp. in a 2010 all-cash deal valued at US$1.25bil and delisted the company the next year. - Bloomberg

Posted by Nepo > 2020-08-27 17:29 | Report Abuse

Cost purchased by Lotte mother US 1.25 billion X 3 exchange rate in Year 2011= RM 3.75billion. How much is the market capitalisation of Lctitian now..?

Posted by hng33 > 2020-08-28 10:55 | Report Abuse

add LCtitan at 1.79-1.80

Posted by kk_lai > 2020-08-28 15:42 | Report Abuse

good choice

Posted by ycling74 > 2020-08-28 21:58 | Report Abuse

sit and wait

Posted by Needmoney > 2020-08-29 20:36 | Report Abuse

Need patient. Good stock always slow slow up

Posted by LiimInvest > 2020-08-29 23:01 | Report Abuse

Needmoney @ you are right !

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

Lotte Chemical Corp added 3.84% in Korea market yesterday ,today LC Titan sure up

Posted by aliyusof > 2020-09-01 14:36 | Report Abuse

EGM called by this company on 24 Sept 2020 to approve proposed DIvidend Reinvestment Scheme DRS.

Posted by CALMINVESTOR > 2020-09-01 16:24 | Report Abuse

Newbie here! I am curious that why lctitan net profit margin generally lower than petchem???

Posted by pakau > 2020-09-01 16:55 | Report Abuse

LCTitan lai liao

Posted by Needmoney > 2020-09-01 18:15 | Report Abuse

Lao sai again

Posted by Thanos > 2020-09-01 18:15 | Report Abuse

I keep wondering about what news can lift lctitan share price up?

Posted by Nepo > 2020-09-01 19:15 | Report Abuse

No other way except increase in profit can lift up the price.

Posted by AlexZai > 2020-09-01 20:42 | Report Abuse

When when??the next qr

Posted by Inventor2020 > 2020-09-02 09:38 | Report Abuse

LCtitan, im back =D

Posted by Inventor2020 > 2020-09-02 09:40 | Report Abuse

>>> TP- RM2.10

Posted by hng33 > 2020-09-02 10:07 | Report Abuse

Current weakness in USD is good for LCtitan, as all its feedstock are USD denominated, but product sale is local currency denominated, mainly in Msia, China, Indonesia.

Posted by hng33 > 2020-09-02 10:16 | Report Abuse

LCtitan expansion in Indonesia is timely, benefited from Indonesia currency strengthen against USD.

Posted by queenie91 > 2020-09-02 13:56 | Report Abuse

this titan really is "LC" counter.. since QR released 21-Jul until today fail to stand back RM2

Posted by izulemas > 2020-09-02 22:23 | Report Abuse

haiyakkkk.....if tembus 1.77, sell

Posted by Nepo > 2020-09-03 13:57 | Report Abuse

I think cash dividend is better than dividend reinvestment scheme..

Posted by whitebunny > 2020-09-03 15:39 | Report Abuse

Nepo, we have a choice right?

Posted by Nepo > 2020-09-03 16:48 | Report Abuse

@whitbunny, the management wants to pass resolution to ask shareholders approval to declare dividend reinvestment scheme. If approve (chance is high), then the mgt has a right to issue new shares in lieu of cash dividend

Posted by soros228 > 2020-09-03 19:44 | Report Abuse

BTS, what is your view regarding proposed DRS? thank u.

Posted by titan3322 > 2020-09-03 20:13 | Report Abuse

DRS is optional to those who do not want to reinvest from their amount from dividend entitlement the can always choose wholly cash dividend