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
Would be good if lctitan gives out dividend twice a year instead of one final dividend. The market will react favourbly if an interim dividend say 10 sen is declared
The 50% pay out is good but the frequency of pay out is not, most people will just wait till the date is nearer to buy so there won't be any fantastic upward movement of the price
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. Prospect not good. CAUTION
seriously i have no idea how to invest in Bursa la...., got trend, drop, QR good, drop, good news, up a bit, bad news, drop like hell, trash company, LU
Because fund managers hate retail investors and inverse their trades. Only way is hold and don't let them shake you out of your positions. The same shit happened with Hengyuan
The sharp decline in pre-closing is also partly caused by a drop in MSCI Malaysia Index due to the overall downward pressure on Chinese stocks and other emerging market indices. TTNP:MK
Newspapers seems to give a bad view of their sterling profits. Anyway forward pe of 5 compared with Petronas chemicals of 20 plus, still largely undervalued
I see this selling as an opportunity to add some more position into the company. Valuation is really undemanding based on most market metrics (PE, PB, EV/EBITDA etc). The current price provides shareholders with ample margin of safety. Net cash position alone is already RM2.18 per share. Excluding cash, the market is valuing the business at only 55 sens per share. Ridiculously low in my opinion.
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 > 2021-07-28 14:56 | Report Abuse
strong resistance at 2.95, expected one round price push to accumulate enough ticket to break the 2.95.