really amazing how companies like genetec, hightec prices can go sky high with so little profit. But LCTitan, with good balance sheet is still far off comparatively.
Growth prospect vs no growth prospect. Like when your son is young, u hope for full prospect for his future..because in your mind, his potential is unmeasurable..
long term investor looking into commodity play. Seeking sifu info on few things after reading its reports
1. fundamentally intact. but share price going down for years. any major news? 2. any idea who is main customer of LC? PChem seems not affected at all by covid news. share price maintain. 3. LC not paying much dividend despite ample cash. Why?
Not many co paying 50% of its earnings by way of cash dividend the next qtr min 12 sen EPS coupled with 19 sen EPS last qrt half year EPS ardy 31 sen EPS so don't worry lah what others say and of course some operators are hard at work
Please check polymer-naphtha spread now.... It have slump since June to below cost for ethylene and propylene, the two major polymer product of lctitan. Lctitan only able. To record profit in April and May, but will record loss from June onward. CAUTION
The U.S. oil and gas sector is recovering from last year’s market slump. But unlike the previous boom-and-bust cycles, the industry has held off on boosting production and has focused on strengthening balance sheets, repaying loans, and rewarding shareholders. As a result of the rallying commodity prices this year, and most of all, the discipline in capital spending, the U.S. shale patch is now financially stronger. Bankruptcies have been fewer and far apart in recent months, and the energy loan default rate has dropped to the lowest level since the oil market crashed in March and April last year. In addition, low interest rates have prompted many U.S. oil and gas firms to raise new debt, most of which goes to repaying existing liabilities, not to drilling more wells.
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb the recent oil price rally, Energy Intelligence reported this week, quoting trading sources. The reported release from the strategic petroleum reserve is also aimed at putting inflation under control.
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....
royong82
60 posts
Posted by royong82 > 2021-07-07 13:20 | Report Abuse
hope closed above 2.84...then will consider to top up