careful everyone! I bought lctitan when announce special dividend on nov 2021, price then was 2.48. It went down holland until now. Lctitan just announce special dividend to slowly take back some money for own use. Later will catch investor who chase this counter......
Nov '21 was just before the current bear market. 90% of all stocks also drop until mother cannot recognise face until now...& in this case, compounded by poor quarterly results.
LC management guidance not too optimistic and expect anothrr challenging year ahead. INDONESIA line expansion project expected only to complete in 2025. What's worrying is the bleeding on their balanced sheet. From operating loss, currency exchange losses and more critical is their continuous cost of inventory write down { on margin compression}. Revenue declined by another - 23% { lower volume and lower selling price} posted a nett loss of 317 million { 4th Qtr} vs a loss 335 million { 3rd Qtr}
Cash tinggal berapa dlm Akaun? rugi masih kasi dividen tinggi mcm PN dulu asyik ajak member gorek duit EPF tujuan bukan sara hidup tapi hidup mewah sekejap . seumpama pepatah kata "senang dahulu ,susah kemudian"
Lotte Chemical unlikely to pay final dividends in FY22, dividends for FY23 after recording largest annual losses, say research houses https://www.theedgemarkets.com/node/653790
U win some u lose some. Ride the winners and cut your losses. That's the mantra whether for long term or short term. What's important is your risk profile ? If u are prepared to average down your below 1.25 { Nov 22 } and hold on till year 2025 { 2-3 years time frame }completion of the plant barring any delay
2 years is a long long time. can be a winner or a big loser . Look at gloves after a 4 months super bull rally run. 2 years later analysis telling us to avoid this sector. Bro
Technical support chart pegged at 1.35. if resistance failed to hold. Chart line likely to trend lower and possibility of 1.25 previous low will be revised. Charting is just looking at all technical price possibilities.do your own research before u sell or buy
In 2021 Park Hyun Chul replaced Lee Dong Woo as CEO of LCT. The planned Indonesia line expansion project costing RM 18 billion { completion date year 2025 } the project need a long gestation period and any positive impact need to relied or hinges on the economic cycle conditions over the next few years. How much profit can be generated from this gigantic RM18 billion expansion? It's going to be a long term positive or definety short term uncertainty but earnings contribution in the short term will be mixed
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 568 views | 2 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 534 views | 3 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 721 views | 4 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
dompeilee
11,888 posts
Posted by dompeilee > 2022-11-25 18:42 | Report Abuse
Now only dividend chasers, including some local & foreign funds