LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.17

Today's Change

-0.05 (4.10%)

Day's Change

1.15 - 1.21

Trading Volume

2,788,700


17 people like this.

12,721 comment(s). Last comment by curiousq 2 hours ago

Nepo

3,352 posts

Posted by Nepo > 2020-11-10 22:45 | Report Abuse

I think tomorrow lausai..

titan3322

2,368 posts

Posted by titan3322 > 2020-11-11 09:27 | Report Abuse

Nepo I am waiting for it to lausai but never happen cepat kasi lausai

chshzhd

1,908 posts

Posted by chshzhd > 2020-11-11 09:57 | Report Abuse

LC CORP & LCTITAN M'SIA go north ..

titan3322

2,368 posts

Posted by titan3322 > 2020-11-11 09:57 | Report Abuse

Green again mane ade lausai maybe gloves will lausai later hehe

soros228

2,034 posts

Posted by soros228 > 2020-11-11 10:34 | Report Abuse

these syndicate quiet meant they buying
if they promote we sell
got it
conman tricks dont trust them

chshzhd

1,908 posts

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

lctitan fundamental still intact

soros228

2,034 posts

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

pls look at the quater report properly, then u know

Nepo

3,352 posts

Posted by Nepo > 2020-11-11 12:01 | Report Abuse

soros228 these syndicate quiet meant they buying
if they promote we sell
got it
conman tricks dont trust them
11/11/2020 10:34 AM
======..================

Quite true..

soros228

2,034 posts

Posted by soros228 > 2020-11-11 15:26 | Report Abuse

nepo no one will give free lunch.
the quater result u look slowly
u will know already

soros228

2,034 posts

Posted by soros228 > 2020-11-12 10:01 | Report Abuse

dont trust anyone
no free lunch
quiet means buy more

chshzhd

1,908 posts

Posted by chshzhd > 2020-11-12 10:42 | Report Abuse

now u can c clearly that 28/10 was manipulator con ikan bilis ..

titan3322

2,368 posts

Posted by titan3322 > 2020-11-12 10:44 | Report Abuse

I am still waiting for cimb TP 1.20 but I add RM1 premium = 2.20 but still cannot get

soros228

2,034 posts

Posted by soros228 > 2020-11-12 18:23 | Report Abuse

Cash 1.70; price now is 2.35
Whole business is only 85 cents.
Clearly from quarter result , changing of trend.

Nepo

3,352 posts

Posted by Nepo > 2020-11-14 21:01 | Report Abuse

Last month monster sharks bit bit, ikan bilis takut takut dan lari lari..
Now ..leave behind few ikan bilis here lonely post post..

Very coool here...talkative people almost sudah keluar..

soros228

2,034 posts

Posted by soros228 > 2020-11-14 22:00 | Report Abuse

this is conman trick, wash all out in single day.
engine just started
more to come

Tkeng

709 posts

Posted by Tkeng > 2020-11-14 22:03 | Report Abuse

Next week will be interesting... Accumulated free shares along the way. Always take back capital. If break 2.40 on Monday, sure fly. Support was 2.30.

Posted by flyingtomoon2020 > 2020-11-14 22:08 |

Post removed.Why?

soros228

2,034 posts

Posted by soros228 > 2020-11-14 22:14 | Report Abuse

wash all out, who are the holder???
slowly edging up

Nepo

3,352 posts

Posted by Nepo > 2020-11-16 13:33 | Report Abuse

quite weird..
Past few days, KL index down, it up, KL index up, it down
what is brewing on..good or bad..that is why i usually mention, for investing luck is important..

titan3322

2,368 posts

Posted by titan3322 > 2020-11-16 14:07 | Report Abuse

Lotte Korea latest +900 up 2.80 %

probability

14,457 posts

Posted by probability > 2020-11-16 23:49 | Report Abuse

Group revenue decreased by 23% (or RM 1,485.4 million) from RM 6,464.1 million to RM 4,978.7 million due to decrease in average product selling price and sales volume. The COVID-19 pandemic have affected regional economy resulting in poor business sentiment and weakened demand. Regional businesses display sign of recovery with recent
improvement seen in average product selling price and sales volume. Apart from the virus outbreak, reduction in production quantity resulting from the major statutory plant turnaround conducted in 1H 2020 has also caused the decrease in sales volume.

probability

14,457 posts

Posted by probability > 2020-11-16 23:54 | Report Abuse

prospects
..........

The results of our operations for the financial year ending 31 December 2020 are expected to be primarily influenced by the following factors

(a) The demand and supply balance of petrochemical products in the market;

(b) Our ability to maximise production outputs and operational efficiency;

(c) Petrochemical product demand moves in tandem with overall global GDP growth, driven by consumption and population growth; and

(d) Feedstock prices which is correlated to crude oil prices.


The International Monetary Fund in its latest report has noted a less severe economic contraction for 2020 than it initially expected. This is following the better-than-expected 2nd quarter economic recession in major developed and emerging economies, led by strong recovery in the Chinese economy. The softened impact was also supported by the massive fiscal countermeasures and accommodative monetary policies implemented by all major economies in the onset of the COVID-19 pandemic.

Nevertheless, the recovery outlook remains fragile with high degree of uncertainties for now, as it will be dependent on the pandemic recovery trajectory.

probability

14,457 posts

Posted by probability > 2020-11-16 23:55 | Report Abuse

keyword - "will be dependent on the pandemic recovery trajectory"

Tkeng

709 posts

Posted by Tkeng > 2020-11-17 08:14 | Report Abuse

@probability... Margin squeeze,... 4.1% profit on sales qr3. Still had feedstock in their inventory when naptha was high... Oil prices going to remain low for a long time. Margins may improve even with lesser volume, no?
17/11/2020 7:53 AM

titan3322

2,368 posts

Posted by titan3322 > 2020-11-17 09:20 | Report Abuse

Hari ni beli sikit hehe enjoy

titan3322

2,368 posts

Posted by titan3322 > 2020-11-17 09:23 | Report Abuse

TP 2.80 tarak lari punya lah

titan3322

2,368 posts

Posted by titan3322 > 2020-11-17 09:46 | Report Abuse

Lotte Korea up 2.6%

probability

14,457 posts

Posted by probability > 2020-11-17 11:05 | Report Abuse

yup...plenty of oil supply will maintain oil price low..however with the vaccine, demand should pick up on lctitan products...increasing the margin

ironically O&G stocks already climbing up fast with vaccine news

and yet LC titan seems confused where to go

Posted by Tkeng > Nov 17, 2020 8:14 AM | Report Abuse

@probability... Margin squeeze,... 4.1% profit on sales qr3. Still had feedstock in their inventory when naptha was high... Oil prices going to remain low for a long time. Margins may improve even with lesser volume, no?
17/11/2020 7:53 AM

probability

14,457 posts

Posted by probability > 2020-11-17 11:09 | Report Abuse

this is pandemic recovery stocks...market should realize anytime soon..

Nepo

3,352 posts

Posted by Nepo > 2020-11-17 11:28 | Report Abuse

@probability
ironically O&G stocks already climbing up fast with vaccine news

and yet LC titan seems confused where to go
========..==================..==========
Very good comment.
This is the issue of Lctitian.
Biden support green energy..shale oil production will reduce. Oil price will surge..

titan3322

2,368 posts

Posted by titan3322 > 2020-11-18 12:19 | Report Abuse

Enjoy !

Nepo

3,352 posts

Posted by Nepo > 2020-11-18 13:32 | Report Abuse

Based on these few days movement, my guess is this counter is on accumulating phrase..
Hope my prediction is NOT wrong.

Tkeng

709 posts

Posted by Tkeng > 2020-11-18 18:08 | Report Abuse

@Nepo... Vaccine news will be vastly beneficial to lctitan... Material for syringes.

Nepo @probability
ironically O&G stocks already climbing up fast with vaccine news

and yet LC titan seems confused where to go
========..==================..==========
Very good comment.
This is the issue of Lctitian.
Biden support green energy..shale oil production will reduce. Oil price will surge..
17/11/2020 11:28 AM

Tkeng

709 posts

Posted by Tkeng > 2020-11-18 19:07 | Report Abuse

Maybe they realized today... lol.

@probability this is pandemic recovery stocks...market should realize anytime soon..
17/11/2020 11:09 AM

Tkeng

709 posts

Posted by Tkeng > 2020-11-18 21:03 | Report Abuse

Closed nicely... If gap up tomorrow... Will go go higher... Maybe past 2.50 and hit 2.58... Let's see.

probability

14,457 posts

Posted by probability > 2020-11-18 21:28 | Report Abuse

yes Tkeng, lets see....

Nepo

3,352 posts

Posted by Nepo > 2020-11-19 06:00 | Report Abuse

First thing first, it needs to pass RM 2.50 major resistance...

Nepo

3,352 posts

Posted by Nepo > 2020-11-19 06:25 | Report Abuse

◤全球大流行◢ 辉瑞疫苗最终报告:95�效
https://www.chinapress.com.my/?p=2288453

titan3322

2,368 posts

Posted by titan3322 > 2020-11-19 10:06 | Report Abuse

Enjoy

Nepo

3,352 posts

Posted by Nepo > 2020-11-20 05:29 | Report Abuse

After brushing off the weak holders, the remaining passengers in the ship are holding tight tight and ride the wind and tide forward..

Tkeng

709 posts

Posted by Tkeng > 2020-11-20 08:16 | Report Abuse

Trend reversed... Might break 2.50.

Nepo

3,352 posts

Posted by Nepo > 2020-11-20 13:57 | Report Abuse

1st round from IPO RM 6.50 dropped to RM0.99 due to profit decreased over the years
2nd round from rock bottom RM 0.99 push to RM 2.50 with only marginal profit reported
3rd round ...story continue..who can predict it right who can earn handsome return..

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-11-20 19:21 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

Tkeng

709 posts

Posted by Tkeng > 2020-11-20 21:15 | Report Abuse

@Newbeinshare... Might not affect...

@probability... keyword - "will be dependent on the pandemic recovery trajectory"
16/11/2020 11:55 PM

probability is spot on... It's just that no realises just yet.

probability

14,457 posts

Posted by probability > 2020-11-21 14:38 | Report Abuse

many people still dont get the meaning of 95% effective vaccine.

with current desperation from all businesses worldwide, vaccination worldwide will be done within months

every single business - you name it...will want to help to get this done as quick as possible, people cant wait for travel and holidays for life to return to normal

its done deal - max 12 months and the economy will be booming with added boost from pent up demand

its not easy to find an investment that gives 10% return in a year

you need to see the future in advance and take a strong bet

probability

14,457 posts

Posted by probability > 2020-11-21 16:12 | Report Abuse

Here's the Coronavirus Vaccine Maker That's Most Likely to Blow Past Pfizer and Moderna

https://www.fool.com/investing/2020/11/20/coronavirus-vaccine-maker-past-pfizer-moderna/

Nov 20, 2020

J&J's coronavirus vaccine candidate, though, requires only one dose.

This could give J&J a significant competitive advantage over its rivals. A single-dose vaccine would have a lower cost than a two-dose regimen. People would also be more likely to want to receive a vaccine that they only have to take once.

Johnson & Johnson also won't have the ultra-cold storage requirements that Pfizer's vaccine has. Its COVID-19 vaccine can remain stable for up to two years at around minus four degrees Fahrenheit and for up to three months at temperatures between around 35 degrees and 46 degrees Fahrenheit.

In addition, J&J beats Moderna when it comes to production capacity. Moderna has stated that it will be able to make around 500 million doses of mRNA-1273 next year, although the biotech says that it could "possibly" up that to 1 billion doses. J&J is on track to produce more than 1 billion doses per year.

probability

14,457 posts

Posted by probability > 2020-11-21 19:48 | Report Abuse

Five federal agencies have started telling employees they could receive Pfizer or Moderna’s Covid-19 vaccine in as little as eight weeks as the U.S. prepares to distribute the potentially life-saving doses across the country, according to a person with first-hand knowledge of the plan.

https://www.cnbc.com/2020/11/20/coronavirus-5-us-agencies-have-started-telling-employees-they-could-get-vaccine-shots-in-8-weeks.html

Tkeng

709 posts

Posted by Tkeng > 2020-11-22 04:45 | Report Abuse

Very informative research @probability... Good Sunday read. Hmmmm... 2.5 would be a breeze coming week or maybe higher. Lol.

probability

14,457 posts

Posted by probability > 2020-11-23 00:24 | Report Abuse

https://www.bbc.com/news/world-us-canada-55036381

The first Americans to receive a Covid-19 vaccine could get it as soon as 11 December, according to the head of the US coronavirus vaccine programme.

Dr Moncef Slaoui told US network CNN the plan was to "ship vaccines to the immunisation sites within 24 hours" of a vaccine being approved.

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