@twistfish chance is there, because the fair value of this company should be at least RM5 above, but in stock market anything can happen, just hope for the best
NTA is just a reference. Genting NTA also at nearly RM9. However, looking from all angles, this is a good stock. I still don't understand why the share price performing badly.
EPS is lowered this QR due to cost issue, but as long as revenue is consistently up (highest this QR), I believe the their business is on right track and the management know how to milk out EPS from the growing revenue in the future QRs
2.10 is almost at the bottom low. Its ipo is about 5.50. it does not have intangible asset and is a cash rich counter. Don't worry to hold it for medium or long term for investment.
The company cash position has changed badly. After earmarking for substantial spending in LINE project, remaining cash will drop to RM0.9 billion. With negative earnings, the high dividends may be suspended. For dividend investors like me, this is very bad news. Today 1.9 was a support (despite intraday breach), but downtrend is unmistakeable. The hope is the company investing in its business will one day generate larger profits but risks are high. Holding and forgetting.
The Company cash position is still good as well as fundamentally still okay. They have been reserving the IPO cash for the purpose of expanding their business.
oil is hard to back to normal like usd 60 usd 70 ,coz WAR is arround n tension everyway. in this situation oil n gas company difficult put more Capex to develope it .
i stick to my own strategy, just collect little bit with every drop. no one can 100% predict the lowest price, but i view LCTITAN is a very strong and good company. it will return swiftly once the oil price drops back to usd60 level which none can tell when it gonna happen. one key event is the war ending, once this war is ended LCTITAN will be greatly benefited and there could be panic buy by then
Beware company’s negative earnings. If it doesn’t turnaround soon and if it keeps losing monies, then this stock can tank further. Don’t catch a falling knife.
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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....
Sawadi
55 posts
Posted by Sawadi > 2022-04-18 18:53 | Report Abuse
AGM QR hampir mcm ini ke ? raya pun dekat apa pun tak ada