LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.07

Today's Change

-0.03 (2.73%)

Day's Change

1.06 - 1.09

Trading Volume

2,253,800


16 people like this.

12,618 comment(s). Last comment by xiaoeh 1 day ago

jonathan_k

159 posts

Posted by jonathan_k > 2021-10-28 13:01 | Report Abuse

Paid 100m in tax. Okay la

facts123

54 posts

Posted by facts123 > 2021-10-28 13:02 | Report Abuse

surprised that income tax is still 100mil similar to Q2. otherwise everything else expected due to plant turnaround and compressed Q3 gross margin to 7%. Q4 gross margin should be back above 10% with the price increases these few weeks.

facts123

54 posts

Posted by facts123 > 2021-10-28 13:08 | Report Abuse

This special distribution will be
independent of its dividend policy and its Board of Directors upon closing of the financial year will
determine the subsequent final dividend payable for FY 2021. Expect another round of dividends when Q4 results are released

Posted by KInvest8000 > 2021-10-28 13:14 | Report Abuse

Noticed got tax adjustment in qr3 of 66 mil, otherwise PAT around 100 mil, not bad for a qr with plant maintenance. The special divd is a good surprise. LCT said it's a separate from their divd policy, means they will hv another pretty good divd when financial year close.

satt1984

104 posts

Posted by satt1984 > 2021-10-28 13:36 | Report Abuse

hi why the tax need to pay extra 80million, is super big difference leh?

ratz

276 posts

Posted by ratz > 2021-10-28 13:39 | Report Abuse

Great corporate move by LCT. That special dividend of 18 sen will make the shares more liquid. Another forthcoming annual dividend (at least 25sen) ending next Qtr.. A super duper good income stock in Bursa.

lalazai9

1,000 posts

Posted by lalazai9 > 2021-10-28 13:40 | Report Abuse

QR gg run for life

ratz

276 posts

Posted by ratz > 2021-10-28 13:44 | Report Abuse

I wonder wherher the 18 sen special dividend is eligible for DRS.

harold8990

349 posts

Posted by harold8990 > 2021-10-28 13:45 | Report Abuse

as expected from this QR due to drop in LLDPE and maintenance..however index was high from september onwards..so Q4 should be better...and another dividend coming as well..

Posted by FreshMango > 2021-10-28 13:46 | Report Abuse

prepare to load some when panic selling starts in 3..2..1...

xcu843

1,023 posts

Posted by xcu843 > 2021-10-28 13:58 | Report Abuse

Why need to pay such high tax?

satt1984

104 posts

Posted by satt1984 > 2021-10-28 14:01 | Report Abuse

Ok got provision tax... 60m..no wonder

satt1984

104 posts

Posted by satt1984 > 2021-10-28 14:02 | Report Abuse

Harold actually qoq drop not much as 70+ utlization is very low. I consider this as very good result

Posted by Believe118 > 2021-10-28 14:26 | Report Abuse

With the current price of RM2.68 special dividend of 18cents. Come with great dividend yield about 6.7%..... wow

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-10-28 14:36 | Report Abuse

Don't worry, we buy it because it's dividend 50% policy. At least it is as we expected to get around 20 sen dividend. QR report just a figure as expected oledy, as long as not making loss, then it is still very yummy to long hold.

Posted by louisongong > 2021-10-28 14:40 | Report Abuse

煤炭和天然气的高涨=中国没有便宜的电费=下来将听到原料的涨价.

Luen07

81 posts

Posted by Luen07 > 2021-10-28 14:41 | Report Abuse

Dapat sikit dividend hilang sa lori duit loh!

Patrick13

1,971 posts

Posted by Patrick13 > 2021-10-28 14:48 | Report Abuse

This special distribution will be independent of its dividend policy and its Board of Directors upon closing of the financial year will determine the subsequent final dividend payable for FY 2021.

titan3322

2,191 posts

Posted by titan3322 > 2021-10-28 14:55 | Report Abuse

18 sen very good lor

Posted by louisongong > 2021-10-28 14:58 | Report Abuse

sound is great!!!!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-10-28 15:02 | Report Abuse

As I said in early, dividend should be the main point, as long as company maintain its dividend policy and now even propose special dividend then it is a extra bonus for all shareholders. Now inflation is high, such as good dividend sure will attract more institutes to buy in more.

gohku

373 posts

Posted by gohku > 2021-10-28 15:02 | Report Abuse

Share price plunge.

It is opportunity to buy .

Lctitan with net cash of rm 5b or Rm 2.16 per share.

Its eps is expected to exceed Rm 0.50 per share & its Nta Rm 5.64 per share.

Its dividend should exceed 18 sen per share.

Giving an attractive dividend yield of 6.9% pa.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-10-28 15:04 | Report Abuse

just wait another 2 weeks, straightly can get 18 sen dividend. Next QR may even will giving another dividend again.

taihai

477 posts

Posted by taihai > 2021-10-28 15:08 | Report Abuse

according to the price of raw materials . QR 44m profit is a doubt ???

Posted by hellokitty123 > 2021-10-28 15:10 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-10-28 15:15 | Report Abuse

Lctitan is an opportunity from heaven loh!

With such a fine financial performance & it propose such a good dividend payout but its share price fell, thus we should accumulate this stock mah!

U can never go wrong when the dividend yield is about 7% pa mah!

Posted by Airline Bobby > 2021-10-28 15:19 | Report Abuse

Wow very nice quarter report lol. WHERE IS ALL THE CONMEN WHO CONNED POOR INVESTORS TO BUY LCTITAN?

taihai

477 posts

Posted by taihai > 2021-10-28 15:22 | Report Abuse

QR is doubt ?

Posted by Prashan Ram > 2021-10-28 15:32 | Report Abuse

hold..solid dividend

Posted by louisongong > 2021-10-28 15:45 | Report Abuse

往好的方面去想,管理层为何这么有信心的发放特别股息.

Alolo

106 posts

Posted by Alolo > 2021-10-28 15:47 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-10-28 15:49 | Report Abuse

Collection....collection....collection time mah!

titan3322

2,191 posts

Posted by titan3322 > 2021-10-28 15:53 | Report Abuse

Another 15 sen dividend next yr. Told you Q3 profit would be affected by the maintenance turnaround but Q4 PBT would be better irresecpective of crude oil price as its product ASP is at all time high can achieve 1 bil profit for FY 2021 no problem lah

UPlanet

1,450 posts

Posted by UPlanet > 2021-10-28 16:41 | Report Abuse

Ha! Then why hardly promote ‘before QR’ at higher price??? Should promote ‘after QR’ now ma!!!

monetary

4,357 posts

Posted by monetary > 2021-10-28 17:23 | Report Abuse

all commodities laosai. RUN

mita29

1,064 posts

Posted by mita29 > 2021-10-28 17:52 | Report Abuse

Abit disappointed by the QR. Sigh.... below my expectation.

Posted by papazola1920 > 2021-10-28 18:07 | Report Abuse

LOTTE CHEMICAL TITAN HOLDING BERHAD ("LCT" OR "COMPANY")

LETTERS OF AWARD FOR ENGINEERING, PROCUREMENT, AND CONSTRUCTION ("EPC") WORKS ON PART OF AN INTEGRATED PETROCHEMICAL FACILITY IN INDONESIA AWARDED BY PT LOTTE CHEMICAL INDONESIA ("LCI") TO LOTTE ENGINEERING & CONSTRUCTION CO., LTD. ("LEC") ("PROPOSED AWARD")

Posted by Kon Lim Chai > 2021-10-28 18:29 | Report Abuse

I top up this afternoon below 2.60. Hopefully can make some money for New Year

Posted by EatCoconutCanWin > 2021-10-28 19:35 | Report Abuse

Omg run .

clez91

27 posts

Posted by clez91 > 2021-10-28 19:43 | Report Abuse

HAH! lucky I ran at 2.81, last Monday
guess it's true, greed kills

but then ah.. re-entered at 2.55 today.. so geng leh..
"collection, collection" lol

tell that to serbadk, scib collectors average down champions XD

titan3322

2,191 posts

Posted by titan3322 > 2021-10-28 21:52 | Report Abuse

Look at this way bro if there is another dividend of 12 sen next year which is very likely, there would be a total of 30 sen and at the current price it give you a yield of 11% and unless you have better returns from other investments you should just hold or buy a little at a lower price bcoz if you put your money in the bank you will have to wait at least 3.5 yrs to get the equivalent returns and along this period of time there should be one bull market when you can sell at a profit so no worry lah

titan3322

2,191 posts

Posted by titan3322 > 2021-10-28 21:56 | Report Abuse

And don't compare it to gloves stocks bcoz the barrier of entry into this type of business is very high not every tom dick and harry can start a business like petrochem business

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-10-28 22:31 | Report Abuse

Company first time announced its maiden special dividend is to reward shareholders, means they also wish its share price to continue uptrend. Just only those speculators trades misunderstood about the QR, forgot the good intention of banker at dividend part. Don;t worry, at last banker Lctitan sure will continue to push up

donald770

242 posts

Posted by donald770 > 2021-10-29 08:48 | Report Abuse

Totally disappointed with it's fundamentals therefore dispose at a loss.

Posted by InvestIcon > 2021-10-29 08:59 | Report Abuse

Everything has a price. A very good Benz SUV selling RM3m will resulting poor sales in Msia and therefore the after sales service will be terrible. It will end up Benz SUV's quality worst than Proton X70 due to no service. That shows price is matter. I started collecting LCtitan during 3rd quarter last year at around 1.7 and bought more in August during the dip around 2.4/2.5. with the recent 18c dividend for 1H 2021. My return is reasonably very high besides appreciation. I'll add more If the price ever drop back again. After all, LCtitan is a company with net Cash RM5bn and NTA RM5.7

Posted by InvestIcon > 2021-10-29 09:00 | Report Abuse

The most important, LCtitan has a dividend policy of 50% profit pay out ratio

Posted by trading2019 > 2021-10-29 09:14 | Report Abuse

QR is within my expectation but the dividend give out is not. titan3322 has a point here. Too bad, I sold my holdings prematurely. Sigh.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-10-29 09:35 | Report Abuse

after flush out those speculators such as wc fellows, now Lctitan stake become cleaner more easy to push up. As I said the intention of banker is they want to push up price at last.

Posted by Kon Lim Chai > 2021-10-29 09:39 | Report Abuse

2.70 now. Glad i made a top up decision yesterday

firehawk

4,771 posts

Posted by firehawk > 2021-10-29 09:42 | Report Abuse

this one really fantastic .... while earning reduced, announced special div. and push up the price .....

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