I understand they are somewhat like PChem, but smaller and doing less stuff. If PChem can make good profit with high oil price, why can't LCTitian? What's the reason? I am new to this O&G, I need to understand, hope someone can explain to me. Thanks.
due to higher cost of steel,aluminium ,etc , the demand of plastic products will increase. take position in your portfolia at low price, with Lctitan , pchem etc, u will never regret.
If raw material move up a bit you may not move up yo selling price as the purpose to maintain you old customer. But If raw material move up too much definitely all manufactural will take this opportunities to increase their price..... In fact For me plastic material I also assume it is raw material ..
Still hard to break the current 2.70 resistant . Most importantly the market is the deciding factors.Just waiting for spillover effect by investors to switch to Lct as the price currently hovering from 2.55-2.65 for quite sometime as many other underrated stocks is moving up
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Posted by ratz > 2021-10-02 01:07 | Report Abuse
For this stock to move, they must distribute their 50% dividend payout policy every quarter.