LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.17

Today's Change

0.00 (0.00%)

Day's Change

1.16 - 1.17

Trading Volume

53,300


17 people like this.

12,721 comment(s). Last comment by curiousq 12 hours ago

soros228

2,034 posts

Posted by soros228 > 2020-09-28 17:06 | Report Abuse

Worry pump and dump.

Posted by BornToSpeculate > 2020-09-28 19:03 | Report Abuse

'James Share Investing' also promoted syndicate stocks like XOX and GPA. Im sure they're a lot more. I dont know why he is here.

soros228

2,034 posts

Posted by soros228 > 2020-09-28 19:38 | Report Abuse

BTS , absolutely agreed, why is he here ???
more to come

Posted by wallstreetrookie > 2020-09-29 00:28 | Report Abuse

That guy always comments on top gainer stocks. Ignore him.

Posted by wallstreetrookie > 2020-09-29 00:29 | Report Abuse

Whatever stock goes on top gainer list, he will make a video on it acting like some sort of god lol

Posted by InsiderShark > 2020-09-29 00:47 | Report Abuse

According to SCGM latest QR report, they says their profits increased helped by reduced resin prices.

Posted by Choivo Capital > 2020-09-29 10:04 | Report Abuse

Looks like my PP and PE prices chart is right.

SCGM QR include May and June 2020, that time resin prices much lower than May and June 2019.

However, if you look at my chart, July to Sept 2020 prices are back up. Do note im projecting for July to Sept 2020 not April to July 2020.

Henry8833

874 posts

Posted by Henry8833 > 2020-09-29 10:36 | Report Abuse

Good. Then we have more certainty of earning growth for Lctitan.

hng33

19,949 posts

Posted by hng33 > 2020-09-29 11:36 | Report Abuse

add more LCtitan at 2.06

Henry8833

874 posts

Posted by Henry8833 > 2020-09-29 11:41 | Report Abuse

hng33 is in. I believe OTB will be in also as this would be his favorite stock, based on his investment style. KYY is less likely as he looked obsessed with glove stocks now as second wave of covid

hng33

19,949 posts

Posted by hng33 > 2020-09-29 11:45 | Report Abuse

Thanks Choivo Capital for your very comprehensive thesis on Lctitan.

Bigbull99

1,099 posts

Posted by Bigbull99 > 2020-09-29 11:52 | Report Abuse

Wow hng33 is here too. OTB is already in Henry8833 at 1.9X. Good luck everyone, Hopefully RM3 before results out and once result out should be sky rocketing price!

cbkia4896

893 posts

Posted by cbkia4896 > 2020-09-29 14:07 | Report Abuse

When result out? I just entered

Posted by Choivo Capital > 2020-09-29 14:55 | Report Abuse

last week of oct.

cbkia4896

893 posts

Posted by cbkia4896 > 2020-09-29 16:53 | Report Abuse

Ok thanks for the info

titan3322

2,368 posts

Posted by titan3322 > 2020-09-29 21:34 | Report Abuse

By third week of October it would be 2.20 and if an interim dividend is proposed it will be 2.40

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-29 22:00 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS LOTTE CHEMICAL TITAN HOLDING BERHAD -AWARD OF CONTRACT FOR THE DETAILED ENGINEERING, PROCUREMENT AND CONSTRUCTION OF A NEW 10,000MT COMMON C2/C3 CRYOGENIC TANK AND ANCILLARY EQUIPMENT ("PROJECT") TO LOTTE ENGINEERING & CONSTRUCTION CO., LTD. AND LOTTE E&C MALAYSIA SDN. BHD.

LOTTE CHEMICAL TITAN HOLDING BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description LOTTE CHEMICAL TITAN HOLDING BERHAD
-AWARD OF CONTRACT FOR THE DETAILED ENGINEERING, PROCUREMENT AND CONSTRUCTION OF A NEW 10,000MT COMMON C2/C3 CRYOGENIC TANK AND ANCILLARY EQUIPMENT ("PROJECT") TO LOTTE ENGINEERING & CONSTRUCTION CO., LTD. AND LOTTE E&C MALAYSIA SDN. BHD.
The Board of Directors of Lotte Chemical Titan Holding Berhad (“LCTH” or “Company”) wishes to announce that Lotte Engineering & Construction Co., Ltd. (“LEC”) and Lotte E&C Malaysia Sdn. Bhd. (“LECM”), related parties to LCTH, had on 28 September 2020 accepted Letters of Award dated 28 September 2020 from Lotte Chemical Titan (M) Sdn. Bhd. (“LCTM”), a wholly-owned subsidiary of LCTH, for the following contracts:

Contract with LEC for offshore detailed engineering and procurement of a new 10,000MT common C2/C3 cryogenic tank and ancillary equipment; and
Contract with LECM for onshore detailed engineering, procurement and construction of a new 10,000MT common C2/C3 cryogenic tank and ancillary equipment.
For further information, please refer to the attachment.



This announcement is dated 29 September 2020.

Booyeah

365 posts

Posted by Booyeah > 2020-09-30 08:02 |

Post removed.Why?

000698

142 posts

Posted by 000698 > 2020-09-30 09:33 | Report Abuse

Does anyone know what is the TP please?

Posted by Choivo Capital > 2020-09-30 09:46 | Report Abuse

I think 2.5 by the third week of oct, barring unforeseen circumstances is pretty possible.

Im just worried about a potential PKP now.

000698

142 posts

Posted by 000698 > 2020-09-30 09:52 | Report Abuse

Many thanks Choivo.

I'm worried too.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-30 11:51 | Report Abuse

Coming QR should good

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-30 12:11 | Report Abuse

@000698 next TP should over 2.50

ElwinPg

29 posts

Posted by ElwinPg > 2020-09-30 12:14 | Report Abuse

Manage to finally sell all my LC Titan at RM2.13. Quite worry about this share as it had gone down to RM1.80 after last Quarter result. And Covid-19 case on the rise. Maybe will have another MCO. Better be safe.

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-30 12:33 |

Post removed.Why?

goldeneye

33 posts

Posted by goldeneye > 2020-09-30 12:34 | Report Abuse

i believe this time gonna be different.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-30 12:38 | Report Abuse

ElwinPg Sohai @ As normal LC can supply during the MCO & some more better orders and demand

Shun83

10 posts

Posted by Shun83 > 2020-09-30 12:50 | Report Abuse

sell and keep your money in safe box better, don't buy any share.....

Tkeng

709 posts

Posted by Tkeng > 2020-09-30 13:08 | Report Abuse

Chart very positive. Will probably break 2.20 and skyrocket soon.

soros228

2,034 posts

Posted by soros228 > 2020-09-30 13:23 | Report Abuse

Let them sell and buy glove.

paperplane

21,621 posts

Posted by paperplane > 2020-09-30 13:57 | Report Abuse

HOOT 9 E, 8% DIV YIELD NEXT YR

JKing

239 posts

Posted by JKing > 2020-09-30 14:16 | Report Abuse

RM3 target is easily achieve before the 3rd quarter result to be release before end of Oct-2020

Posted by thirdproperty > 2020-09-30 14:26 | Report Abuse

Thanks Choivo...and all others who covered this stock...I'm impressed with the speed of other analysts joining to cover LCT. Because of general market weariness whether temporary or not (end moratorium etc), I've exited penny plays. Only play the pegang-medium-term stocks. This is one of them. Terima kasih.

Posted by investortrader88 > 2020-09-30 14:43 | Report Abuse

huat ahhhhhh !

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-30 14:46 | Report Abuse

Huat Huat 2.16 now

soros228

2,034 posts

Posted by soros228 > 2020-09-30 14:51 | Report Abuse

really ah, huge block at 2.18

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-30 15:05 | Report Abuse

Sold yesterday 2.10, but today bullish to 2.18

Posted by Choivo Capital > 2020-09-30 15:10 | Report Abuse

Tighter polyethylene supply to sustain prices. The recent recovery in business activities in Asia from the re-opening of economies from lockdown restrictions are expected to sustain the strong trend in polymer prices. Average SEA Polyethylene prices is now c.20% higher than its price at the beginning of the year (vs SEA polypropylene price c.5%) due to its tight supply. While the demand from the construction and automotive industries are expected to be tepid going forward, the demand from packaging and the healthcare sector has been sustaining the growth of the industry. We also believe that the tight supply in polyethylene can be attributed to the flattening of production costs between ethane based (US, Saudi) and naphtha based (Europe, Asia) production centres due to the plunge in oil prices and naphtha cost as feedstock yields from ethane based crackers [c.75% ethylene yield] for ethylene is more than double that of naphtha [c.30% ethylene yield]. (less ethylene based production due to flattening of production costs between ethane and naphtha crackers would lead to tighter supply of ethylene and polyethylene).

From pchem call by HLFG

soros228

2,034 posts

Posted by soros228 > 2020-09-30 15:14 | Report Abuse

Choivo who is OTB?

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-09-30 15:21 | Report Abuse

Appaarently SC gonna investigate Chiovo for simply posting articles claiming RM400M PROFIT, internal source says management already reported to Sc, goodluck CHIOVO, bs articles, do your research right, if RM300M I WILL DISAPPEAR here, if not you better stop posting misleading research

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-09-30 15:25 | Report Abuse

With the same spread in 2019, titan cant even make RM100m, you said Rm350m in q3? come on, stop misleading investors

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-30 15:27 | Report Abuse

lct under valued for quite long time already ..

Posted by Choivo Capital > 2020-09-30 15:29 | Report Abuse

Prime,

you wait 31 Oct see bah.

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-30 15:29 | Report Abuse

will move up to the fair value :)

mf

28,050 posts

Posted by mf > 2020-09-30 15:30 | Report Abuse

Dow futures fall 200 points after U.S. presidential debate

cbkia4896

893 posts

Posted by cbkia4896 > 2020-09-30 15:35 | Report Abuse

Wah so many masuk @ 2.16, 2.17

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-30 15:42 | Report Abuse

dj down another 3000-4000 points also not very much lah :)

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-30 15:44 | Report Abuse

klci already consolidated for more than 10 years..:)

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-30 16:05 | Report Abuse

2010 klci at 1500.. today 2020 also 1500

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