LC TITAN is one of few manufacturing plant under essential services and they are 100% dependent on regional demand which is unaffected by full MCO in Malaysia. Money shall flow from full MCO affected stocks to LC TITAN
5. LCT paid a dividend per share of 23.0 cents in 2017, 50% net earnings-payout dividend ratio, convert to immediate 4% dividend payout, ex-date on 16th May 18. For FY18, the management stated for 2018 dividend payout will be based on company earnings measure performance to determine as if to maintain payout of 50% dividend policy or not. I strongly believe if their whole FY18 net profit earning is good, they will continue practise with this dividend payout ratio, excepted 40% to 50% range, follow same as their competitor PCHEM dividend payout ratio to be on-par with market expectation.
8. In term of capacity, LCT’s mgmt. stated currently LCT is ranked as number fourth in Asean, as if after mega project Indonesia factory decided to commence and complete by 2023, its production capacity will be the biggest petrochemical in Asean by then.
PBT for this coming qtr would be stronger than the previous qtr min 460 mil asp keep on rising don't miss the boat best time to buy when the market is feeling jittery
Current price = RM3.16 IPO price was RM6.50 Net Cash per share is RM2.03 EPS (Last 4Q trending upwards) = 3.9s + 3.4s +6.6s + 19.3s = 29.4s PE = 316/29 = 10.8 NTA = RM5.48 Is this stock still undervalued?
Not many retail investors hold a lot of shares. Therefore, the dividend reinvestment scheme would have minimal impact. Furthermore, why would you sell such a high quality company?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EatCoconutCanWin
6,432 posts
Posted by EatCoconutCanWin > 2021-05-28 17:10 | Report Abuse
Don't buy. Is a trap