Posted by titan3322 > 2021-05-21 15:58 | Report Abuse

Kawan our counter doing not too bad today hehe

Posted by Live2Win > 2021-05-21 15:59 | Report Abuse

As long as it stays abv 3.00 till closing, then the coming days wud be rosy...

Posted by titan3322 > 2021-05-21 16:06 | Report Abuse

3.05 now naik 15 sen

Posted by EatCoconutCanWin > 2021-05-21 16:10 | Report Abuse

Muhiddin is scared to announce la.. lutut kecut

Posted by Live2Win > 2021-05-21 16:10 | Report Abuse

if it manages to stay abv this level 3.05...it will need to tackle the next hurdle at 3.20 in the coming days

Posted by marky2kalpha > 2021-05-21 16:16 | Report Abuse

Should be ok dy.

Posted by Bgt 9963 > 2021-05-21 16:52 |

Post removed.Why?

Posted by Live2Win > 2021-05-21 16:52 | Report Abuse

looks like it settles with 3.05 which is the day high. Superb feat for a day like this with poor sentiment going on. Hopefully will continue moving upwards next week...

Posted by Amazonboy > 2021-05-21 16:57 | Report Abuse

Yeh....green closing

Posted by Live2Win > 2021-05-21 17:04 | Report Abuse

Everyone...have a good n safe weekend...we all meet again this coming Monday. Cheers

Posted by marky2kalpha > 2021-05-21 17:20 | Report Abuse

nice ...continue moving upwards coming monday !!

Posted by SDR245 > 2021-05-21 19:33 | Report Abuse

Low PE , awesome QR. no logic price go lower.

Posted by Skywalker00 > 2021-05-21 20:42 | Report Abuse

Correct. No logic company. I have some at rm5 and some at 99cts.... just gamble la.

Posted by rr88 > 2021-05-21 20:45 | Report Abuse

No face to face announcement. Full lockdown in disguise. You cant fool financial market. Stock market will fall. As it is its already below its 200 day mvg avg. Sell.

Posted by Amazonboy > 2021-05-21 21:23 | Report Abuse

Saturday , Sunday wont drop. Go to sleep. Lol

Posted by Nepo > 2021-05-22 09:49 | Report Abuse

This share i dont know how to describe..

Low PE, high cash in hand, stable but lack of prospects..products selling price most probably may face downward pressure due to supply issues. Can buy also can sell..no choice..

Just hang the shares there and let it be..

Posted by Bgt 9963 > 2021-05-22 09:58 |

Post removed.Why?

Posted by Amazonboy > 2021-05-22 11:27 | Report Abuse

RM441m 1st q profit u say no prospects, which planet u drop from. Lol

Posted by marky2kalpha > 2021-05-22 12:31 | Report Abuse

hahahahaha...come on la dont be so negative .....if you guys feel its gonna drop then rr88, Nepo...up to you laa just SELL....good for me because im waiting to collect bellow.

Im long term investor ....not playing short term....lctitan for me is good stock ...im not lying ...

Posted by probability > 2021-05-22 12:48 | Report Abuse

Financial year ending 2020: Net cash generated from operating activities 1,076,804 ( RM 0.47 per share per annum)

Q1 - 2021 alone, Operating profit/(loss) before working capital changes 633,045 (RM 0.28 per share quarter)

Total Cash and other investments: 4,698,658 (Rm 2.06 cent per share)

..............


The above means, at current price you are buying the company at RM 3.05 - RM 2.06 = RM 0.99


Using the average cash flow before the turnaround results in Q1-21, of RM 0.47 per annum, your pay back is 2 years (RM 0.99/ RM 0.47)

Using the cash flow generated in Q1 - 2021 and annualize it, you get a a forward payback period of less than a 1 year (RM 0.99 / (RM 0.28 x 4)

Even if you HALF the cash flow for annualizing, your payback is 1.8 years.

Not sure if there is any stock cheaper than that in Bursa...if it persists too long i think easily you can have take over offer

Posted by SDR245 > 2021-05-22 12:50 | Report Abuse

Cash rich, good qr, Friday very fast rebound. E&o oso. 3.50 very easy. Now whole market in negative sentiment.

Posted by probability > 2021-05-22 13:14 | Report Abuse

Click on the 'Quick Guide' on The top 20 producers of single use plastic, on below article

https://www.theguardian.com/environment/2021/may/18/twenty-firms-produce-55-of-worlds-plastic-waste-report-reveals

The top 20 producers of single use plastic

1. ExxonMobil contributes 5.9% of total single use plastic waste
2. Dow 5.6%
3. Sinopec 5.3%
4. Indorama Ventures 4.6%
5. Saudi Aramco 4.3%
6. PetroChina 4%
7. LyondellBasell 3.9%
8. Reliance Industries 3.1%
9. Braskem 3%
20. Alpek SA de CV 2.3%
11. Borealis 2.2%
12. Lotte Chemical 2.1%
13. Ineos 2%
14. Total 1.9%
15. Jiangsu Hailun Petrochemical 1.6%
16. Far Eastern New Century 1.6%
17. Formosa Plastics Corporation 1.6%
18. China Energy Investment Group 1.5%
19. PTT 1.5%
20. China Resources 1.3%

.........

I see Lotte Chemical is already top 5 players in Asia.
If they expand with LINE in Indonesia they will have almost monopoly in terms of pricing in the region....

Posted by probability > 2021-05-22 14:42 | Report Abuse

Lotte Chemical’s spread to sustain in 2H21

https://themalaysianreserve.com/2021/05/04/lotte-chemicals-spread-to-sustain-in-2h21/

JP Morgan Chase & Co in a separate note last week, expects Lotte Chemical to post strong earnings in 2Q21 though it anticipates some normalisation into 2H21.

The investment bank expects spreads to remain healthy into 2H21 and 2022 as it forecasts FY22 polyethylene (PE) and polypropylene (PP) spreads to be between US$600 and US$675 per tonne versus US$710 and US$850 per tonne range currently.

“We upgrade our FY21/FY22E net earnings by circa 2.5 times to three times as we raise our December 2022 TP to RM5.50 from RM4, which accounts for an 84% potential upside,” it said.

The firm reiterated its ‘Overweight’ call on Lotte Chemical.

Due to the strong PE/PP spreads experienced by Lotte Chemical, JP Morgan raised the company’s FY21 and FY22 Ebitda to US$199 and US$163 per tonne respectively.

Posted by stockraider > 2021-05-22 16:09 | Report Abuse

Gloves run over mah!

Now LCT turn mah!

Posted by bigprice > 2021-05-22 16:29 | Report Abuse

Thos who buy below 3.00 just keep. Might won't drop again. Next qr above 400 mil . 3.50- 4.00

Posted by Live2Win > 2021-05-22 18:47 | Report Abuse

rr88@ and Nepo@...pse lah...do us all a favor. Don't spoilt the good mood that we all have in this forum. Buy or sell...it doesn't concern u both. It is our money...by all means, let us decide what to do with our own investment. Don't possess that kind of negative attitude...it is not good for your health.

Posted by OTB > 2021-05-22 21:00 |

Post removed.Why?

Posted by brian3381 > 2021-05-22 21:05 | Report Abuse

R u recomending lctitan now? Any tp?

Posted by Eastern686 > 2021-05-22 21:14 | Report Abuse

在这个forum 里面，有正常人也有稍微off一些的人，也有borderline personality的人，有耐心耐性的人，也有火爆性子的人。Sifu 哪能理的这些。当佢哋无到啦。一天post 10 个post 的人，日日如是，那有正常人这样的。。。

Posted by Amazonboy > 2021-05-22 21:23 | Report Abuse

88 is a good luck charm, he say sell means we should buy more... Lol

Posted by enning22 > 2021-05-22 21:25 | Report Abuse

not everyday is a sunny day, likewise not everyday is a rainny day.MCO1 lockdown provides a fear factor for industry,but it do not materialise, so may be stormy rainy day is barely over, and a return of a mild sunny day,,more or less.Moving average does not work in major uncertain fundamental -factors -shifts or changes

Posted by Live2Win > 2021-05-22 21:50 | Report Abuse

Eastern686@...I believe everyone here wud welcome positive and preferably constructive point of views to share amongst ourselves. Like everyone else, we all invested in a certain fundamental stocks with the hope of making a decent gain or profit which is the main purpose of investment. Other investment such as low FD rate isn't helping us much though.

Posted by heesing62 > 2021-05-23 10:30 | Report Abuse

Live2Win@ ... well said

Posted by Bgt 9963 > 2021-05-23 10:34 |

Post removed.Why?

Posted by Eastern686 > 2021-05-23 13:45 | Report Abuse

Live2win@... actually I refer to Mr.OTB reprimanding someone else and gv my small size opinion...in conclusion, in all forums in i3 there do hv lots of "susah n vexatious" post, we just need to try"tahan" them lor....

Posted by Live2Win > 2021-05-23 16:25 | Report Abuse

Eastern686@... I wud like to apologize if I hv written something that offended u. Judging from what was mentioned by OTB@, I must say that he or she had been in the stock broking business since the first bull run of Bursa in 1992. Correct me if I am wrong...

Posted by Goodtimes > 2021-05-23 19:49 | Report Abuse

I am solute OTB share to us good point how invest a good stock that can bring good return long run. Too bad high volatility this stock cause many panic. Based on the annalist is still good 2H21and 2022. Good luck.

Posted by Belila > 2021-05-24 00:40 | Report Abuse

Any ideas when QR will be out

Posted by Belila > 2021-05-24 00:40 | Report Abuse

Hentam kuat kuat Monday

Posted by titan3322 > 2021-05-24 09:26 | Report Abuse

@Belila around end July should be another good qtr

Posted by bigprice > 2021-05-24 09:48 | Report Abuse

July end wont get below 3.10 . Might be 3.50- 4.00

Posted by Live2Win > 2021-05-24 09:53 | Report Abuse

one thing i can assure u abt this ctr is that there is no issue abt ESG issue whatsoever. So it shudn't be a problem to buy n keep at this current level for mid term...say 3 - 6 months

Posted by Live2Win > 2021-05-24 10:01 | Report Abuse

As long as oil price is stable at present level or better still decline gradually, it wud be smooth sailing for Lctitan...

Posted by ratz > 2021-05-24 10:27 | Report Abuse

Good to hear someone is making reference to ESG issues. Hightime for the market to evolve

Posted by ratz > 2021-05-24 10:28 | Report Abuse

ESG issues hv financial relevance

Posted by marky2kalpha > 2021-05-24 10:57 | Report Abuse

Market steady & quite

Posted by Live2Win > 2021-05-24 11:06 | Report Abuse

this share is moving up slow n steady is way better than those loss-making companies with tons of debt repayment which hv made headlines by scaling up non-stop without any valid reasons whatsoever...its okay... ignore all those noise n greed...concentrate on our own ctr...its better for us to be safe now than feel sorry later.

Posted by rr88 > 2021-05-24 11:10 | Report Abuse

This is as good as it gets. Index dropped below 200 day mvg avg n now rebound is being stopped at 200 day mvg avg. Tp 2.50. Sell !

Posted by Live2Win > 2021-05-24 11:13 | Report Abuse

rr88@...dont talk nonsense...

Posted by Live2Win > 2021-05-24 11:19 | Report Abuse

it is truly a disgrace to hv u...rr88@ in this forum who doesn't even know how to look a simple Moving average. FYI, open your eyes wide n see...MA200 is pointing to 2.40...that is level u are focussing on...u need to see a doctor