one thing i like about Lctitan is because more than 75% of company shares are held by the corporation and its own subsidiaries...so basically less floating shares in the market means less volatility..and we are way below the IPO price..floating shares around 450million only and not too exposed to manipulation as well.
Not foresee, it is confirmed Q4 will announce another normal dividend based on 50% full year's EPS ! Too bad many retailer investors not aware of it. Coming 18 sen dividend is extra bonus not in the original plan !
Institutional investors are taking notice. 18 sen special dividend + expected at least 25 sen annual dividend, that’s a huge payout for a stock trading at RM2.70ish. A no brainer for institutional investors until probably the price goes up until RM4, at least.
9 months YTD made 873 mil and coming Q4 can easily make 150 mil so this is the record earnings for lctitan history achieved in FY 2021. PBT can surpass 1 bil. I remember sometime ago JPM had a TP of RM5.50 for tis stock. Their call on gloves stock is spot on
No money? Why not implement back GST@4%?? Stupxd budget will easily kill off the market! Once market collapse, gomen can collect more taxes from market??? Really idoxt!!!
this company's profit depends on pricing of petrochemicals and naphtha price, capacity is already fixed until they complete the indonesia project. if you think every quarter will show increasing revenue and profit regardless of market situation and plant turnaround schedules, you are looking at the wrong company and shouldn't have bought in the first place.
In equity market, there is something always true for past 100 years.
Investment = Invest in Potential Business for a reasonable period of time until the value surface.At least 9 out of 10 who invest in long term undervalued & potential company will make good profit.
Speculation = Short Term profit target/gamble vs Bankers. At least 9 out of 10 will eventually lose money within 3-5 years.
LCTITAN with NTA RM5.72, Net cash RM5.04bn or RM2.185 per share. Profitable Industry. Low competitive Industries (only two in Malaysia), High Potential Company (Expecting bigger than Petrochem and largest in SEA when LINE complete in 2025). At RM2.7, how much you actually pay to buy a Profitable, net cash Rm2.185, Assets Rm5.72 and a company with dividend policy 50%? You are almost guarantee to enjoy half of the profit paid in cash every year. How many value for money investment you can have nowadays
KILL THE GOOSE THAT LAYS THE GOLDEN EGG. Don't invest in Bursa Malaysia anymore, invest into other share market, no big investor want to invest anymore in Bursa Malaysia with the high stamp duty & Cukai Makmur (the highest in Asia, mention 1-off, who know maybe 2-off, 3-off, investors have no confident on M'sia government), They will run to other country. MOF is damaging the Bursa Malaysia.
Actually we do not need to listen to any comment, the price will be down run or the price will be up collect, better not to confuse yourself with others comment. You decide on your own what you want to do and manage your own portfolio. Nobody cares you win or you loss, you will be the best fund manager to manage your own fund coz is your own $$$. Just do your own research, if your results shows that the intrinsic value is higher than the current price means your have certain margin of safety. Than you decide to invest or not. I have been doing this step since 1990 (31 years) it didn't fail me.
The one off prosperity tax will tax on co that are prosperous like lctitan so better invest in co that are making losses now but will turnaround later ada ini mcm punya stock in bursa ka hehe
Johnwong03, very well said!!! Clap clap clap!!! To me, I’ll say the Idoxt Tzafu is the one damage the country!!! Actually right now with crude oil price hiking, gomen already hv many extra billions compare last yr!!! So it’s not necessary to implement this idoxt tax. Only this stupxd idoxt Tzafu hv such stupxd thinking!!! ——————————————————— Johnwong03 KILL THE GOOSE THAT LAYS THE GOLDEN EGG. Don't invest in Bursa Malaysia anymore, invest into other share market, no big investor want to invest anymore in Bursa Malaysia with the high stamp duty & Cukai Makmur (the highest in Asia, mention 1-off, who know maybe 2-off, 3-off, investors have no confident on M'sia government), They will run to other country. MOF is damaging the Bursa Malaysia. 01/11/2021 12:08 PM
with 18 sen special dividend which is independent of the dividend policy (as stated by Management) + possibly 20 sen final, it is too tempting for me to top up when price dip.
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....
titan3322
2,611 posts
Posted by titan3322 > 2021-10-29 09:44 | Report Abuse
Sudah jual 2.55 lu gilah