Posted by soros228 > 2020-09-03 20:26 | Report Abuse

titan noted, will be good news for LC?

Posted by whitebunny > 2020-09-03 21:25 | Report Abuse

Yes titan, that is what I understand too

Posted by BornToSpeculate > 2020-09-03 21:26 | Report Abuse

DRS is definitely good for the company as it lacks liquidity and most of main shareholders are institutions that have a bad taste in their mouth since IPO earlier was 6.50. With more retailers in, they are also try and fix their public spread issue.

If you need cash, just sell the shares you get under DRS, that should be equivalent to the dividend.

After PCHEM surprisingly bad quarter, those who thought they understood the industry will now shy away and I think only with a good performance in LCT hopefully Q3 then a re-rating of the industry can happen.

For LCT, YTD EPS is still negative so you can imagine how important Q3.

Posted by soros228 > 2020-09-04 08:36 | Report Abuse

Well said BTS.

Posted by whitebunny > 2020-09-04 15:11 | Report Abuse

Immediate support?

Posted by Nepo > 2020-09-05 05:40 | Report Abuse

Hopefully can support at 1.70, if lose this support, then die lah...!

Posted by greenberg > 2020-09-06 10:44 | Report Abuse

Hi shareholders, I not much understanding as below, may you help. LOTTE CHEMICAL TITAN HOLDING BERHAD ("LCT" OR "COMPANY") - CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ESTABLISHMENT OF A DIVIDEND REINVESTMENT SCHEME THAT PROVIDES THE SHAREHOLDERS OF LCT ("SHAREHOLDER(S)") WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DIVIDENDS ("DIVIDEND(S)") IN NEW ORDINARY SHARES OF LCT ("LCT SHARE(S)") ("PROPOSED DRS")

Posted by titan3322 > 2020-09-06 23:16 | Report Abuse

With naphtha prices dropping back to 370 level it is positive for lctitan but the volatility of the general market will be there excellent chance to buy on market weakness now

Posted by Solidrock > 2020-09-07 11:53 | Report Abuse

Today Lotte Chemical Korea up 10%,why LC Titan down?

Posted by swimvshark > 2020-09-07 16:16 | Report Abuse

today good for shopping.

Posted by Tkeng > 2020-09-07 16:22 | Report Abuse

Nibbling 1.68.

Posted by chshzhd > 2020-09-08 07:12 | Report Abuse

We wish to announce that the operations of our 40% associate company, Lotte Chemical USA Corporation's (“LC USA”) petrochemical facility located in Lake Charles, Louisiana was disrupted due to Hurricane Laura which swept through the locality between 25 August 2020 to 31 August 2020.

The Company is of the view that this incident has no material effect on the Company’s financial condition.

This announcement is dated 7 September 2020

Posted by GuShen > 2020-09-08 09:15 | Report Abuse

这只股不错,卖塑料的。这几个月塑料价格上涨，公司会受益，预计下个季度业绩会不错。最近原料供应不足，下个月原料价格会上涨。这家公司没有债务，每年股息不错，买到便宜可以长期投资。这个价位可以进场。短期target price >RM2.40

Posted by Nepo > 2020-09-08 12:03 | Report Abuse

Welcome aboard..together we sail to Holl

Posted by mf > 2020-09-08 12:03 |

Post removed.Why?

Posted by titan3322 > 2020-09-08 12:11 | Report Abuse

mf should run to buy hehe

Posted by soros228 > 2020-09-08 15:55 | Report Abuse

few counter in green, LC is one of them

Posted by titan3322 > 2020-09-09 11:25 | Report Abuse

Crude oil getting cheap again so is naphtha so buy lah what are you waiting for

Posted by soros228 > 2020-09-09 11:46 | Report Abuse

well said, add more

Posted by yorkyork > 2020-09-10 02:32 | Report Abuse

Maybank maintain add, for Samsung chemical sold to lctitan, and Samsung won contract for 5g development and need fabrication. “Add” 2.70 with Forecast 2021 eps 16 / pe 15

Posted by titan3322 > 2020-09-10 08:48 | Report Abuse

Go in today it will go up a little and keep until end Oct min 2. 10

Posted by soros228 > 2020-09-10 08:58 | Report Abuse

Well said. Add more.

Posted by LiimInvest > 2020-09-10 09:38 | Report Abuse

Good for LCTITAN

（吉隆坡9日讯）台风劳拉来袭影响石油化学产品供应，推高石化产品的平均售价，但分析员表示，这些短暂的季节性因素消散后，石化产品的售价将因供应过剩未解而再承压。

银河联昌证券分析员表示，亚洲聚合物价格在过去两周攀高，主要是厂房保养使地区供应紧张、中国农业相关聚合物生产进入旺季，以及秋冬季节服装开始大量生产，这些都拉高聚酯原料需求，如乙基乙二醇（MEG）和对二甲苯（PX）。

同时，8月杪袭击美国墨西哥湾沿岸的台风劳拉，助长亚洲聚合物价格的涨势。

这场台风造成当地几乎所有炼油厂、裂解厂和各种下游石化装置暂时关闭。

“因此，当前美国没有多余的聚合物可以出口。其乙烯与聚合物价格走高，削弱其在亚洲的竞争力，无法高价卖到亚洲。”

乐天化学关厂

针对我国两家石化产品挂牌公司，分析员提到，乐天化学大腾（LCTITAN，5284，主板工业股）的美国厂房直接受台风冲击。该公司在美国分别持有一家乙烷裂解厂及一乙基乙二醇工厂的20%及40%股权。

尽管厂房损害较轻，但输电线路被破坏，不得不关闭这两家厂房。

在电力恢复供应后（预计需时2周至4周），也得完成损害检查与维修后才能重启厂房。

另外，他指出，美国厂房不能开工，意味著没有收入抵消折旧与利息开销。乐天化学大腾的联号公司可能因此面对更大亏损。

该公司在现财政年上半年已认列联号公司一笔总值6000万令吉的亏损，占其核心亏损的57%。

无论如何，随著聚乙烯（PE）和聚丙烯（PP）与石脑油（Naphtha）之间的价差自3月来持续攀升，这对该公司第3季的营运有利。

而且，石脑油价格近期滑跌，会在9月进一步拉高价差。

此外，基于乙烷原料成本固定，聚乙烯和一乙基乙二醇聚合物售价上涨，将惠及国油化学（PCHEM，5183，主板工业股）第3季的短期前景。

国油化学短利

他补充，甲醇（Methanol）和烯烃价格也一直在上涨。还有印度需求增加，也拉升尿素价格。

然而，二甲苯价格未有显著变化，因中国以外的需求疲弱，也面对供过于求的问题。

谘询公司IHS报告称，边佳兰炼油厂、石脑油裂解厂和石化工厂的试运会从明年初，推迟至明年首季杪。

“这对国油化学而言是一项坏消息，因该公司的厂房已准备好投入运作，但却无法尽早产生回报。”

分析员说，石化产品价格或会维持强稳至第3季杪，归功于台风及其他季节性因素。

这些暂时性的有利因素会消散，而石化行业的结构性问题，即产能过剩依然迫在眉睫。

他估计，亚洲石化厂房完成定期维修后，末季起便可重新投运作，况且也会有一些新厂房（尤其在中国）加入竞争，届时便会推高供应，并拖累石化产品售价转跌。

有鉴于此，银河联昌证券维持我国石化业的“减持”投资评级。

国油化学今天下跌7仙或1.24%，至5.60令吉；乐天化学大腾滑落3仙或1.73%，至1.70令吉。

Posted by LiimInvest > 2020-09-10 09:40 | Report Abuse

南洋行家论股

Author: Tan KW | Latest post: Thu, 10 Sep 2020, 8:06 AM

南洋行家论股

乐天大腾化学挑战RM2.05/敏源

Author: Tan KW | Publish date: Sat, 8 Aug 2020, 8:11 AM

马股的热络交投促使成交量冲破266亿股的新历史高峰，富时隆综指的交投走势却掉头回跌。

富时隆综指于8月7日闭市时以1578.14报收，按日跌10.43点或0.66%。

它的整日交投波幅介于12.94（1578.14-1591.08）点间。

乐天大腾化学（LCTITAN，5284，主板工业股）于8月7日闭市时反弹了。它于闭市时收1.92令吉，按日涨10仙或5.49%。

乐天大腾化学的30分钟图表走势，于8月7日的交投走势突破它的顶头阻力线（B1:B2）。

它的30分钟平滑异同移动均线指标（MACD），于8月7日的交投走势处于一个调整的格局。

它处于“0”支撑线上波动，乐天大腾化学的后市交投走势，或会出现一段短线回试它的下限支撑线的支撑（B1:B2）。

乐天大腾化学的日线图表走势于回试后，或会显现一段反弹走势，它或会挑战1.93-2.05令吉的阻力水平。

Posted by LiimInvest > 2020-09-11 12:07 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/10/short-term-price-boost

Posted by soros228 > 2020-09-14 11:06 | Report Abuse

edging up
any update??

Posted by Eric963708 > 2020-09-14 11:31 | Report Abuse

today SinChew financial had a gd report on Lctitan

Posted by LiimInvest > 2020-09-14 13:14 | Report Abuse

Eric963708@can you share to us ?

Posted by Solidrock > 2020-09-14 13:55 | Report Abuse

Lotte Chemical Korea up almost 8% today,LC Titan should value above RM2

Posted by LiimInvest > 2020-09-14 14:02 | Report Abuse

Solidrock@right

Posted by Eric963708 > 2020-09-14 15:07 | Report Abuse

Liim, on today星洲日报

Posted by Nicholas Loh > 2020-09-14 16:11 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2342455.html

Posted by soros228 > 2020-09-14 16:28 | Report Abuse

add more

Posted by Nepo > 2020-09-14 19:11 | Report Abuse

I suspect the operator purposely press down the price few weeks ago before the press released in Sin Chew in order to buy more shares in the market..

Posted by Tkeng > 2020-09-14 21:49 | Report Abuse

Tomorrow pass 2.00 will be good.

Posted by greenberg > 2020-09-14 23:34 | Report Abuse

This week momentum. T.P1.98

Posted by LiimInvest > 2020-09-14 23:34 | Report Abuse

Add more

Posted by yorkyork > 2020-09-15 10:50 | Report Abuse

maybank need long long time to average, their cost now 4.00.

Posted by greenberg > 2020-09-17 19:06 | Report Abuse

Tomorrow going rise.

Posted by ThePowerOfGlove > 2020-09-17 19:08 | Report Abuse

Down 0.54%

Posted by ThePowerOfGlove > 2020-09-17 19:09 | Report Abuse

Not so bad la

Posted by ThePowerOfGlove > 2020-09-17 19:09 | Report Abuse

But must make effort to improve la

Posted by ThePowerOfGlove > 2020-09-17 19:10 | Report Abuse

Good luck

Posted by Beginner123456 > 2020-09-18 10:31 | Report Abuse

Huge block at 1.84

Posted by LiimInvest > 2020-09-24 16:02 | Report Abuse

https://www.klsescreener.com/v

Posted by LiimInvest > 2020-09-24 16:22 | Report Abuse

UALA LUMPUR (Sept 24): Lotte Chemical Titan Holding Bhd has received shareholders’ approval for its dividend reinvestment scheme (DRS) during its extraordinary general meeting held today.

At the meeting, 99.99% of shareholders voted for the proposed DRS scheme, as well as the issuance of new Lotte Chemical shares in relation to the scheme.

“The DRS proposal has been carefully evaluated and thoroughly deliberated by our management team and our board of directors. It is an appropriate measure under current circumstances to address the shortfall in meeting the minimum public spread requirement of 25%, as per Bursa Malaysia Securities Bhd’s Listing Requirement,” Lotte Chemical said in a filing with Bursa Malaysia.

The goal of the DRS is to gradually increase the public shareholding spread and trading liquidity through the new ordinary shares issued under the DRS.

The dividend declared for the respective financial year and whether the DRS applies for such dividend will be subject to deliberation and final approval of the company’s board of directors; however, the DRS is dependent on the company’s ability to declare dividends for each financial year moving forward, it said.

In order to meet the minimum public shareholding spread, its parent holding company and largest shareholder, Lotte Chemical Corporation, which currently owns approximately 76% of the company and is deemed as a non-public party, will not be participating in the DRS unless until the said objective is achieved, it added.

In a separate filing dated July 30, the company said its public spread stood at 23.97%, which is below the minimum 25% public shareholding spread requirement.

At noon break, Lotte Chemical was unchanged at RM1.82, bringing it a market capitalisation of RM4.11 billion. Some 457,900 shares were traded.

The stock has rebounded 84% from its March low of 99 sen. Year to date, the stock was still down by 24.5% from RM2.41 on Dec 31, 2019.

Posted by Choivo Capital > 2020-09-25 11:03 | Report Abuse

https://klse.i3investor.com/blogs/PilosopoCapital/2020-09-25-story-h1514300426-_CHOIVO_CAPITAL_LCTITAN_5284_Rising_ASP_s_Falling_Costs_Butadiene_Glove.jsp

Good luck, full piece will be out this weekend.

Posted by Fabien "The Efficient Capital Allocater" > 2020-09-25 11:14 | Report Abuse

Thanks for the write up, Choivo.

You seem more optimistic than i do, but good for my convictions.

Had bought a bucket at 1.68

Posted by Choivo Capital > 2020-09-25 11:15 | Report Abuse

Morning Fabian,

I think its because its just a summary.

You may think differently when you get the full article. Email me for an early copy, and i suggest you buy another bucket first haha.

Posted by soros228 > 2020-09-25 11:53 | Report Abuse

choivo sifu, what is the TP? huge block 1.84