Posted by chshzhd > 2020-10-23 09:17 | Report Abuse

fundamentally intact is the point

Posted by chshzhd > 2020-10-23 09:23 | Report Abuse

after some time will shoot up like rocket..:)

Posted by soros228 > 2020-10-23 09:23 | Report Abuse

well said, normal correction, from IPO drop until now, surely got people sell when there is rebound especially those bought at higher price.

Posted by Nepo > 2020-10-23 09:30 | Report Abuse

I agreed, price surged from RM 1.80 to RM2.60, some correction is good for healthy grow.

Unless the result is not as anticipated, the price is still undervalued.
buy for long-term, no one can guarantee share movement..only insiders have precise info..they are the ones who can easily earn in the stock market..

Happy investing..

Posted by chshzhd > 2020-10-23 09:30 | Report Abuse

make investment simple ..
don chase high n sell low.. this is call stupid or sohai:)
now lctitan share price is at low point , so just buy n keeep..
make sense..be intelligible, justifiable, or practicable

Posted by chshzhd > 2020-10-23 09:34 | Report Abuse

the weekly chart also may tell u that the price still at the bottom ..

Posted by chshzhd > 2020-10-23 09:35 | Report Abuse

for me the fair price now for lct at least should be around 3.00-3.50

Posted by Nepo > 2020-10-23 09:50 | Report Abuse

I bought for long-term. I bought in April 2020. These few days correction didn't scare me out as I hold for long-term.

Even if it drop back to RM1.++. I still let it be..as I dont know future movement...but one thing for sure is I know that bought it low..

You want to reap superior profit, you have to be patience..but patience can't guarantee you can make profit..so in investment, luck is very impt..

Posted by chshzhd > 2020-10-23 10:05 | Report Abuse

luck will always accompany value investing ..

Posted by titan3322 > 2020-10-23 10:13 | Report Abuse

Nepo's view is good even if you have bought it at 2.10 3 months backask yourself if you have suffered any loss the same cannot be said if you have bought gloves a few days ago

Posted by AspiringInvestor > 2020-10-23 10:13 | Report Abuse

I am new to the forum. LCT is a sound company for longer term investment. Buy and sleep easy, Company will be around when we log on the next day. At 2.30 it is abt US$0.56 = penny stock in Wall Street terms. Without going into much details simple logic IPO 6.5 buy around 2 +- we should be ok.

Posted by dompeilee > 2020-10-23 10:13 | Report Abuse

2,307,000,000 shares outstanding...even considering the low free float, that's still 554 million shares.Gd luck supporting the price =)

Posted by wallstreetrookie > 2020-10-23 10:31 | Report Abuse

Koreans laughing their ass to their bank while we chased high good job

Posted by MrJ888 > 2020-10-23 10:33 | Report Abuse

lol wallstreetrookie , you go dsonic kena goreng by pang and crawl back to lctitan ?

Posted by wallstreetrookie > 2020-10-23 10:35 | Report Abuse

You think I only buy one company meh?

Posted by Primeinvestor > 2020-10-23 10:38 | Report Abuse

choivo - the con man lol

Posted by gunter > 2020-10-23 10:38 | Report Abuse

pump & dump

rot in hell mofo

Posted by wallstreetrookie > 2020-10-23 10:41 | Report Abuse

This company is actually undervalued. But if funds don’t wanna buy and a lot of Facebook sifus call buy, then it’s useless anyways.

Posted by wallstreetrookie > 2020-10-23 10:42 | Report Abuse

Nothing such as undervalued. The government and IBs pick the winners. See JFtech and Vitrox. Overvalued af but they win loh. Because IBs pick their winners. So my thesis still stands buy the winners and take profit when necessary

Posted by chshzhd > 2020-10-23 10:53 | Report Abuse

add some 221:)

Posted by wallstreetrookie > 2020-10-23 11:04 | Report Abuse

There is no big funds in this counter. If you check majority shareholders, it’s Lotte Korea/Government of Malaysia/Lotte Chemical Corp and then ikan bilis. You’re too naive to think that big funds have bought any shares

Posted by coolio > 2020-10-23 11:05 | Report Abuse

lets add some...yummy at this price

Posted by 2021willnotbetter > 2020-10-23 11:07 | Report Abuse

Thanks for the discount, lets go TP RM3

Posted by wallstreetrookie > 2020-10-23 11:11 | Report Abuse

Lol
Koreans will press down the price la.

Posted by titan3322 > 2020-10-23 11:28 | Report Abuse

wallstreettrookie how are Korean laughing to the bank ?

Posted by DonWorryBeHappy > 2020-10-23 11:30 | Report Abuse

FF bought in heavily last week LC and PBB (the edge), that's y got surge last week, this week they selldown, so waterfall.

Posted by wallstreetrookie > 2020-10-23 11:31 | Report Abuse

They buy low sell high la

Posted by coolio > 2020-10-23 11:36 | Report Abuse

come come...nasi lemak sambal udang for my lunch now

Posted by hng33 > 2020-10-23 11:37 | Report Abuse

bought back LC at 2.24-2.25

Posted by Choivo Capital > 2020-10-23 11:43 | Report Abuse

The drop timing is same with YTD, i think it is FF selling to get out. US elections all coming etc.

https://www.klsescreener.com/v2/news/view/743369

I think i should be buying back in, Naptha prices still low, everyone seems too depressed, which does not make sense. Next q still going to be good.

October should be very profitable as well. I dont see naptha prices going up in November or Dec.

Posted by Investor 999 > 2020-10-23 11:45 | Report Abuse

The power of unlimited f...

Posted by Henry8833 > 2020-10-23 11:47 | Report Abuse

So fast game over meh...

Glove still lasting till now and creating a lot of wealth effect. Chemical counters shall remain hot in next 6 months.

Posted by goldeneye > 2020-10-23 11:51 | Report Abuse

stay calm and wait for coming QR. Slowly rebound back..

Posted by cs388 > 2020-10-23 11:58 | Report Abuse

https://www.investing.com/equities/lotte-chemical-corp

Posted by MrJ888 > 2020-10-23 12:09 | Report Abuse

thanks for 2.22 ,top up units. 7 days to go for Q3 QR. 30th oct

Posted by chshzhd > 2020-10-23 12:17 | Report Abuse

https://www.investing.com/equities/lotte-chemical-corp

Posted by chshzhd > 2020-10-23 12:20 | Report Abuse

not buy for Q3, buy for the rise of chemical ..

Posted by SelfMadeMillionaire > 2020-10-23 13:04 | Report Abuse

pump and dump

Posted by DuitGeli2 > 2020-10-23 13:20 | Report Abuse

Which one to follow? North or south?

Posted by soros228 > 2020-10-23 13:32 | Report Abuse

Add at 2.21

Posted by NoNonsenseHere > 2020-10-23 13:34 | Report Abuse

-
"gLoVe Is A BubbLE" "wiLL BuRsT"
Burst what? You can lie but the numbers never lie.

Gloves going to burst?

Glove supply will not meet demand in next three years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman

The Big 4 Glove companies can't even meet the demand for the next 3 YEARS.
Meanwhile, hotels will remain closed for years, airlines have nowhere to go to and banks CANNOT lend.

Genting LOST RM786 million in one quarter and will continue to incur losses.
Supermax GAINS RM1 billion (28 Oct QR expected) in one quarter and will continue to grow.

Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.
Fantastic.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Posted by GoBig21 > 2020-10-23 13:46 | Report Abuse

Sentiment and confidence.
If today, close with green, next week will be great.

Posted by Primeinvestor > 2020-10-23 14:15 | Report Abuse

all in all, get conned by otb and chiovo, both an extraordinary conman, din do research well

Posted by Primeinvestor > 2020-10-23 14:17 | Report Abuse

dont tell me when you buy lotte, you expect their profit to sustain at rm300m per quarter as claimed by chiovo the buffet wannabe? this is a classic hengyuan case, you can never peg lotte at 10x using their volatile numbers, prepare to get burn, this chiovo created havoc in gloves and claimed himself to be superb investor, nah

Posted by Henry8833 > 2020-10-23 14:39 | Report Abuse

Cannot be over so fast lah. A lot of so called sifu award winnings articles starting to talk bad on glove stocks starting as early as March 2020, speculating glove stocks or covid 19 will be over soon, but a least glove stocks still stand strong today.

Posted by whitebunny > 2020-10-23 14:50 | Report Abuse

It has been going downhill ever since IPO of RM6.50...

Posted by i3lurker > 2020-10-23 14:54 | Report Abuse

all must thank Pump & Dump Gang for launching a Rescue operation to help original IPO shareholders based on dodgy data.

Posted by titan3322 > 2020-10-23 14:57 | Report Abuse

Collected some at 2.20 to 2.22 level sell now also can get kyochon fried chicken hehe

Posted by lucky54 > 2020-10-23 14:57 | Report Abuse

there seems to be a pattern of heavy selling before & after announcement of results which are expected to be good. Is this because the Korean shareholder uses the runup to unload shares/

Posted by soros228 > 2020-10-23 15:21 | Report Abuse

3322, nicely collected during panic, got money buy pizza now