LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.02

Today's Change

-0.01 (0.97%)

Day's Change

1.02 - 1.03

Trading Volume

104,200


17 people like this.

12,750 comment(s). Last comment by cbkia4896 6 days ago

twim

302 posts

Posted by twim > 2017-08-01 16:55 | Report Abuse

when will fund managers n institutional funds come in ah ?...cheap ma..high div yield and low p/e.

Posted by MoreNMoreMoney > 2017-08-01 16:56 | Report Abuse

good news is...now no 1 wan to sell

gcke

1,359 posts

Posted by gcke > 2017-08-01 16:57 | Report Abuse

The stock price has been hit by triple(3) whammy:
1. IPO issuance price RM8.0 adjusted way down to RM 6.00.That also in the negative;
2.Hit by external event-water shortage which any conglomerate needs to prepare.A well-laid contingency plan will help to mitigate such expected event.I did not call it an UN-expected event because it had happened in the past.The company wouldl have learnt well from the past shortcomings and had instead invested to beef up the spare water storage capacity in the event of a re-currence.But bad planning caused the production to be shut down in stages for more than 11 days arising from the water shortage as reported.Consequently caused a major outages to the production.So inexcusable!
3. Market place has been waiting in great anticipation of the second QR which was belatedly announced.When announced and the profit y-o-y fell bt almost 61%,the market force retaliate negatively and very strongly.

Remember market-place is very adverse on any negativity coming out from the company.

Outcome: The stock price is trying to find its bottom.Yet to be discerned.Possibly,waits for another 1-3 days for the adverse news to settle down.

twim

302 posts

Posted by twim > 2017-08-01 17:00 | Report Abuse

wah i cut loss at 4.375 is better than average...so happy but still lost rm6400..wat kinda feeling is that ?

gcke

1,359 posts

Posted by gcke > 2017-08-01 17:01 | Report Abuse

Correction Stock price adjusted way down to RM 6.50.Rgds.

twim

302 posts

Posted by twim > 2017-08-01 17:02 | Report Abuse

tmoro will be the 3rd day of the storm. hope sunlight comes out. see u guys tmoro.

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:03 | Report Abuse

dont believe no water laa... is a trick..

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:04 | Report Abuse

below 4.00 ... buy...

goodluck999

1,210 posts

Posted by goodluck999 > 2017-08-01 17:05 | Report Abuse

lets see tmw.. finger crossed.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-08-01 17:08 | Report Abuse

Time to buy is when all people loss hope in it will rebound anymore
:)
Since some people still have hope it is not a time yet

Posted by davidvestor > 2017-08-01 17:16 | Report Abuse

agreed, the only way to get cheap is always when everybody want to sell. the co is dealing with commodities, main job is cost control, the Korean is good at that.. situation will normalised later on, IMO

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:17 | Report Abuse

This big boss give a stupid reason no water..

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:18 | Report Abuse

listed u think like selling kacang putih..

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:19 | Report Abuse

I know how SC can approved this Stupid IPO

CharlesT

14,653 posts

Posted by CharlesT > 2017-08-01 17:20 | Report Abuse

What if next time their toilet cleaner resigned n jamban sumbat?

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:20 | Report Abuse

From 8.00 can reduce To 6.50 IPO main main...

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-08-01 17:21 | Report Abuse

Did you know what is the guarantee way to become billionaire?
1. List your company in klse
2. ???
3. Profit
:DD

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:21 | Report Abuse

where is the Auditors .. tutup satu mata.. just list the co..

feiloh

911 posts

Posted by feiloh > 2017-08-01 17:22 | Report Abuse

Pick some at 4.3...Test the water

feiloh

911 posts

Posted by feiloh > 2017-08-01 17:23 | Report Abuse

Anyone pick perstim?

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:23 | Report Abuse

if got divident is from IPO premiun price.. u all money.. laa..

feiloh

911 posts

Posted by feiloh > 2017-08-01 17:23 | Report Abuse

Same shit

feiloh

911 posts

Posted by feiloh > 2017-08-01 17:23 | Report Abuse

With thin volumei

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 17:24 | Report Abuse

3.50 buy...

limch

3,056 posts

Posted by limch > 2017-08-01 17:27 | Report Abuse

Use IPO money takeover Ranhill sure got water.

Posted by alvinchiam > Aug 1, 2017 05:17 PM | Report Abuse
This big boss give a stupid reason no water..

goyangkaki

119 posts

Posted by goyangkaki > 2017-08-01 17:29 | Report Abuse

let's invite Mr. KYY, Mr. OTB etc.. perhaps can create amazing race.. Hehe.. Just a joke as i observe HY went up crazy.. just a joke,, Hehe

gcke

1,359 posts

Posted by gcke > 2017-08-01 17:30 | Report Abuse

it is a sacrosanct and important duties,and responsibilities on the part of the regulating authorities like Securities Exchange Commission(SEC) and Bursa Saham KL(BSKL) together with the issuing company for the public IPOs,and its Investment Banks to safeguard the shareholders' interest.

2.If they failed in such duties and obligations they need to be heavily censured.

3.Market's integrity,confidence and IPO's proper governance cannot be compromised.The cost to all the stakeholders is dire if the IPOs is not properly managed.Hope the embattled parties learnt from the uneventful and painful failure of this recent IPO.

Earning underwriting fees come with entrusted obligations to every one.Big,small,retail or institutional shareholders who are the subscribers.

hng33

20,033 posts

Posted by hng33 > 2017-08-01 17:32 | Report Abuse

Chemical Titan Holding Berhad (LCT) announced that last week, the company has successfully completed a mass production trial of Metallocene linear low-density polyethylene (mLLDPE), an important component in the production of plastic items such as industrial film, food packaging, and stretch and shrink film.

mLLDPE is a thermoplastic and a form of linear low-density polyethylene (LLDPE) using metallocene catalyst. The usage of mLLDPE will allow producers to achieve their output margins with a comparatively lower polymer input, leading to cost savings. mLLDPE has superior transparency and impact strength compared to conventional LLPDE resulting in better efficiency and competitiveness to customers.

“Our breakthrough with mLLDPE comes after several trial productions since 2012. As a company dedicated to continuous innovation, LCT can now introduce to our customers, mLLDPE which is a cleaner and lighter alternative to conventional LLDPE. Commercial production of mLLDPE will effectively widen our product portfolio and we are confident that this product can meet the needs of our local and regional customers given its excellent qualities,” said Dr. Lee Dong Woo, President and CEO of Lotte Chemical Titan Holding Bhd. “
Produced in collaboration with South Korea’s Lotte Chemical Corporation, using the company’s own catalyst technology, mLLDPE will further strengthen Lotte Chemical Titan’s position as the leading polyethylene producer in the region.

With this new development, LCT will be the first producer of mLLDPE in Malaysia and Indonesia, supplying to the domestic market demand of approximately 150 kilotonnes per annum.

cooling

1,676 posts

Posted by cooling > 2017-08-01 17:36 | Report Abuse

seems like hng33 loaded up alot lctitan for tomorrow rebound...because he posting up some old news now...hahah

cooling

1,676 posts

Posted by cooling > 2017-08-01 17:40 | Report Abuse

an overpriced IPO remains a sell call

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2017-08-01 17:46 | Report Abuse

Whether the drop in profit is already known by parties involved during the IPO stage and whether it has been factored in? It is just simply too short a duration between IPO and the announcement of the latest financial results. What would our minority watchdog say? Market risk... willing buyers n willing sellers.

hng33

20,033 posts

Posted by hng33 > 2017-08-01 17:49 | Report Abuse

Hahaha, massive loaded for second round at average cost 4.35+, expect massive profit next :D)

Posted by isupertrader > 2017-08-01 17:50 | Report Abuse

Those who have bought at RM6.50 or from IPO, don't worry. Just hold the stock and got extra money, just average out. If you fall into market's emo, you will loose your money vs paper loss. My take in this is wait for news to subside, opportunist will pile up because they already studied and knows of the demand position of the company.

hng33

20,033 posts

Posted by hng33 > 2017-08-01 17:50 | Report Abuse

乐天大腾业绩逊色,遭分析员调低盈利预测,股价连续第二天重挫,最低降至4令吉14仙,两天蒸发超过42亿令吉市值。
(吉隆坡1日讯)乐天大腾(LCTITAN,5284,主板工业产品组)业绩逊色,遭分析员调低盈利预测,股价连续第二天重挫,最低降至4令吉14仙,两天蒸发超过42亿令吉市值。

两天蒸发逾42亿市值

不过,达证券认为,乐天大腾次季业务主要是受到意外制水的拖累,整体表现依然强稳,近期股价重挫后该股已“超卖”,决定保持其“买进”评级。

乐天大腾昨日暴跌1令吉43仙后,今日开盘略涨6仙,就迅速掉头回落,最多一度下滑56仙至4令吉14仙,过后跌幅收窄,终场收在4令吉28仙,滑落44仙,为第四大跌价股。

乐天大腾全天卖压沉重,共有5517万零200股易手,是全场第三多,拖累该股市值跌破100亿令吉,剩下98亿7734万7620令吉。

达证券指出,该公司第二季核心盈利下跌61%至1亿5800万令吉,拖累上半年核心盈利减少31%至4亿5800万令吉,仅占该行全年预测的33%。

该公司业绩不如预期,除了意外制水问题,存货结转和减值1000万令吉也是主要原因。该行称,排除这些特别项目,第二季核心盈利将提高到2亿6400万令吉。

下半年业绩有望改善

达证券指出,该公司下半年业绩有望改善,因为具备厂房产能和存货成本恢复正常、催化裂化反应器(TE3)项目开始贡献营收、拟定制水应对方案等有利条件,而且也不再面对存货减记的风险。

无论如何,该行强调,在纳进大马厂房产能减少、上半年税务减少、存货成本增加等条件后,决定调低2017至2019财政年盈利预测30%、11%和2%。

在下修盈利预测后,该行将乐天大腾的目标价由7令吉41仙调低至6令吉88仙。

该行表示,乐天大腾2010至2014财政年盈利纪录稳定,现财政年余下6个月的检修计划减少,也可能推高盈利表现,加上油价上扬、拓展计划等利好,长期展望依然值得期待。

Explode

1,171 posts

Posted by Explode > 2017-08-01 18:01 | Report Abuse

tomorrow green please

gcke

1,359 posts

Posted by gcke > 2017-08-01 18:12 | Report Abuse

@Jeffreyteck the water shortage issue happened in April 2017.Caused massive disruption to the normal production which have a direct bearing on the profits earned for that quarter.Such information and event are material facts.The adverse implications arising from such event should have been properly disclosed to all the public subscribers- institutional and retail investors.Think they should have done better but failed to do so.Simply complacent and dereliction of IPOs proper governance.

cheong3288

142 posts

Posted by cheong3288 > 2017-08-01 18:18 | Report Abuse

see you at rm3

suregain

1,611 posts

Posted by suregain > 2017-08-01 18:25 | Report Abuse

Tomorow q 3.70 buy for trading

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 18:36 | Report Abuse

no water is a stupid answer.. call his son also can give this stupid answer.... dont play play maa...

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 18:38 | Report Abuse

The boss also know already.. give too high IPO.. u know.. everybody in the co. involve also know..

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 18:40 | Report Abuse

8.00 ,..reduce 6.50.. now down almost 3.50.. 50% ,rugi..

alvinchiam

1,555 posts

Posted by alvinchiam > 2017-08-01 18:41 | Report Abuse

Boss can give divident 3.50 ,per share ahh..?

CKCS

1,439 posts

Posted by CKCS > 2017-08-01 18:47 | Report Abuse

Bananaman ChongJiauJau said....

In humble my opinion, this is a really good bargain that we can't find often.
https://klse.i3investor.com/blogs/ifrit2020/

The so called expert. LMAO

dompeilee

11,888 posts

Posted by dompeilee > 2017-08-01 18:53 | Report Abuse

Eastspring & PNB caught another lemon.LOL

Alex Foo

12,593 posts

Posted by Alex Foo > 2017-08-01 18:55 | Report Abuse

can sapu this one? looks like btm d?

riaz

160 posts

Posted by riaz > 2017-08-01 19:01 | Report Abuse

Why want to sapu while everyone...every bank....PNB...EPF .....even Lctitan themselves.trowing

Posted by oscyahoo > 2017-08-01 19:25 | Report Abuse

Which counter should go in to average my lose in lctitan

sasword

1,167 posts

Posted by sasword > 2017-08-01 19:26 | Report Abuse

This is wat we call bottomless trap hole...

darkstar

589 posts

Posted by darkstar > 2017-08-01 19:30 | Report Abuse

GG d

nekosan

3,637 posts

Posted by nekosan > 2017-08-01 19:33 | Report Abuse

Tp 8

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