Posted by dompeilee > 2022-11-25 09:26 | Report Abuse

Hehe...all chasing the large dividend...the huge loss from last mth forgotten lol!

Posted by dompeilee > 2022-11-25 09:40 | Report Abuse

Mkt down like siao...LCTitan can only keep going up heading to Dec 7th :)

Posted by JunHoHoHoHo > 2022-11-25 13:15 | Report Abuse

Petrochemical producer Lotte Chemical Titan Holding Bhd has declared a special dividend of 13.98 sen per share for the financial year ending Dec 31, 2022, payable on Dec 29, 2022.

Posted by JunHoHoHoHo > 2022-11-25 13:16 | Report Abuse

President and chief executive officer Park Hyun Chul said this would amount to a total dividend payout of RM318.4mil, translating into a dividend yield of 9.58% based on the closing share price of RM1.46 on Nov 24, 2022.

“This special dividend is intended to reward our shareholders for their continued and unwavering support,” he said in a statement.

Posted by JunHoHoHoHo > 2022-11-25 13:16 | Report Abuse

It will continue to focus on its growth and expansion in Indonesia through the Lotte Chemical Indonesia new ethylene project and bring value to its shareholders. — Bernama

Posted by DividendGuy67 > 2022-11-25 17:15 | Report Abuse

Market now realizes that LCTITAN NTA is 5.6x. When it was trading at 1.2x, market forgot that its cash holdings were greater than that. In other words, Market was so pessimistic that LCTITAN won't reward its shareholders, that it only saw the 2 quarterly losses and forgot that there's so much cash in the coffers. And LCTITAN could pay out its cash more than RM1.2x if it wanted to. And now, with just 13.98 sen dividend, market changes its mind that LCTITAN could pay shareholder more than RM1.2x and still not need to take up debts immediately (but eventually will have to to fund for Indonesia capex expansion) but even then, its NTA of 5.6x speaks of a lot of buffer there, where Debt / Equity, even if add another RM1 is still healthy. This stock got beaten so badly, when foreigners come back to Malaysia, they will look at this stock and realize how cheap it was trading just a month ago ...

Posted by dompeilee > 2022-11-25 18:42 | Report Abuse

Now only dividend chasers, including some local & foreign funds

Posted by rickygiam > 2022-11-28 17:12 | Report Abuse

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......

Posted by dompeilee > 2022-11-29 07:28 | Report Abuse

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.

Posted by stockraider > 2022-11-29 08:48 | Report Abuse

At this price....LCT no brainer buy loh!

Posted by dompeilee > 2022-11-29 09:08 | Report Abuse

Up another 3c to 161! Up 8c from my last entry :)

Posted by dompeilee > 2022-11-29 09:35 | Report Abuse

1.63 :) I predict it can easily reach 1.70 by Dec 7th :)

Posted by nasgee > 2022-12-07 15:56 | Report Abuse

lc tittan like topg...gv div kaw2 thennnn

Posted by rickygiam > 2022-12-11 00:12 | Report Abuse

like i said, special dividend given, later will drop back to 1.26 or lower.....sell now and buy back low...

Posted by curiousq > 2022-12-14 10:01 | Report Abuse

Cheap again .....

Posted by pkchong > 2023-01-09 23:14 | Report Abuse

Close above EMA200 today. With more than 70% buy trade, may challenge $1.74, $1.82, $1.87 and $2.00..........Let see...............

Posted by software guy > 2023-01-10 07:47 | Report Abuse

https://twitter.com/JJ39132147/status/1612596632100679680?t=vYjlDsLgrcXA1MSAUQVIKQ&s=19

Posted by Jnlee > 2023-01-31 18:09 | Report Abuse

QR LOST 3***MILLIONS

Posted by pang72 > 2023-01-31 18:25 | Report Abuse

Knn punya company

Posted by shortinvestor77 > 2023-01-31 19:49 | Report Abuse

As at 31 December 2022, the Group has a cash and bank balances of
RM1.32 billion.

Posted by xcu843 > 2023-01-31 19:55 | Report Abuse

Every quarter loss hundred millions, will this rm1.32 billion can last for how long? I guess one year only.

Posted by cbkia4896 > 2023-01-31 20:16 | Report Abuse

haizzzzzz

Posted by T800Terminator > 2023-01-31 20:17 | Report Abuse

Time to grab tomorrow

Posted by xcu843 > 2023-01-31 20:21 | Report Abuse

Will go back to 1.2 to 1.3

Posted by speakup > 2023-01-31 21:06 | Report Abuse

besok limit down?

Posted by speakup > 2023-01-31 21:07 | Report Abuse

or Double Limit Down?

Posted by i3lurker > 2023-01-31 23:29 | Report Abuse

looks like it will lose more than a Billion or maybe 2 B before it gets better

Posted by Plantermen > 2023-01-31 23:41 | Report Abuse

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}

Posted by T800Terminator > 2023-02-01 10:09 | Report Abuse

Is the price also factor in?

Posted by shortinvestor77 > 2023-02-01 10:15 | Report Abuse

China market is open wide already. Cruel oil price is lower compared to before. Should be factored in already.

Posted by kokchengkai > 2023-02-01 14:58 | Report Abuse

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"

Posted by birkincollector > 2023-02-01 20:08 | Report Abuse

nice tomorrow kasi down alot can trade niceeeeeee

Posted by speakup > 2023-02-01 22:10 | Report Abuse

tomorrow limit down?
or Double limit down?

Posted by Income > 2023-02-01 22:34 | Report Abuse

Ordering Roti Telur satu.

Posted by Jonathan Keung > 2023-02-02 04:02 | Report Abuse

first thing in the morning sell...sell. next week can cover back the short position

Posted by shortinvestor77 > 2023-02-02 08:54 | Report Abuse

If management has no confident, they won't give dividend lah!

Posted by 8u29song > 2023-02-02 09:44 | Report Abuse

chance to buy low...

Posted by 8u29song > 2023-02-02 09:46 | Report Abuse

vol is not alarming...just no choice some fun manager need to follow guideline..

Posted by curiousq > 2023-02-02 10:13 | Report Abuse

OMG !!! so terrible !!

Posted by Income > 2023-02-02 10:25 | Report Abuse

Omg

Posted by Nepo > 2023-02-02 13:38 | Report Abuse

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

Posted by shortinvestor77 > 2023-02-02 19:09 | Report Abuse

You sell they buy. Research houses if so good should have been rich already. Don't need to do anymore research. Ha Ha!

Posted by Income > 2023-02-02 19:14 | Report Abuse

Thinking about Research House?
If they are not good, Research House already CLOSE SHOP.

WHY RESEARCH HOUSES UNTIL NOW NOT EVEN ONE CLOSE SHOP IF THEY ARE NOT GOOD???

Please tell me. Thanks



Posted by shortinvestor77 > 2 minutes ago | Report Abuse

You sell they buy. Research houses if so good should have been rich already. Don't need to do anymore research. Ha Ha!

Posted by Wt345986 > 2023-02-02 19:33 | Report Abuse

Research house are good at 马后炮。

Posted by shortinvestor77 > 2023-02-02 19:42 | Report Abuse

Exactly.Wt345986

Research house are good at 马后炮。

7 minutes ago

Posted by speakup > 2023-02-02 20:14 | Report Abuse

buy below rm1

Posted by Jonathan Keung > 2023-02-03 10:15 | Report Abuse

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

Posted by stockraider > 2023-02-03 11:22 | Report Abuse

U can be greedy now loh!
This is a cyclical stock mah, when it cheap with no confidence u can accumulate loh!

Posted by Plantermen > 2023-02-03 12:25 | Report Abuse

Is there better options or more attractive play. You need to decide. 2 or 3 years holding is for serious investor

Posted by Jonathan Keung > 2023-02-03 15:26 | Report Abuse

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