LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.15

Today's Change

-0.03 (2.54%)

Day's Change

1.15 - 1.18

Trading Volume

1,785,600


16 people like this.

12,561 comment(s). Last comment by DividendGuy67 7 hours ago

Plantermen

2,053 posts

Posted by Plantermen > 2023-02-07 17:51 | Report Abuse

Myself is not a trained chemical engineer but basically. PChem and LCT are trading in a different market segment. PChem apart from Olefins manufacturing. A big chunk of PChem revenue comes from or generate from chemicals used in acrylic ink acids, dyes, gas solvents, personal care products, fertilisers manufactoring and methanol related chemicals eg resins and ammonia. Whereas LCT specialised only in Polyolefins and PP or polypropylene eg TBA, benzene and toluene used by plastic fabricators.

speakup

24,509 posts

Posted by speakup > 2023-02-07 21:23 | Report Abuse

with no dividend this year to support the share price, may drop to rm1

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-07 22:05 | Report Abuse

I wish it would.............very eager to collect loads.......

Posted by T800Terminator > 2023-02-07 22:10 | Report Abuse

Let the market maker do the talking.

curiousq

657 posts

Posted by curiousq > 2023-02-07 22:15 | Report Abuse

Thanks @Plantermen

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-04 14:50 | Report Abuse

Bila mau RM 1.00 ni??

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 13:39 | Report Abuse

Still waiting for Rm 1.00

Can break below 1.35 or not???

Posted by shortinvestor77 > 2023-03-21 19:26 | Report Abuse

https://www.klsescreener.com/v2/news/view/1129101/lotte-chemical-titan-s-indonesian-unit-secures-rm10-58bil-loan-to-fund-expansion-project
While Lotte Chemical Corporation (LCC), the parent of LCT and guarantor of the loan facility, holds the remaining 49 per cent.

Plantermen

2,053 posts

Posted by Plantermen > 2023-03-22 15:20 | Report Abuse

2.5billion USD denominated loan is bad decision. US rate is at 5%p.a. and appreciating in value vs our MYR and the Indonesia rupiah. Zero rated Japanese YEN loan is sensible but not the USD. They are betting against USD and interest rates

Posted by Jonathan Keung > 2023-03-23 11:42 | Report Abuse

Support at 1.30. if support fail to hold or break. Price may retested at betw 1.25 - 1.28 { MACD trend line indicator }

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-23 11:46 | Report Abuse

Blind also knows it would not break 1.30. If unforeseen circumstances, drop below also for a few hours........mana you belajar TA??? (1.28 is 2 bids below 1.30)

Posted by shortinvestor77 > 2023-03-23 19:32 | Report Abuse

12-year US$2.4 billion (about RM10.58 billion) term loan facility with The Export-Import Bank of Korea, Korea Trade Insurance Corporation and other commercial banks. It may be in Korean money lah as borrow from Korean Banks.

swimvshark

131 posts

Posted by swimvshark > 2023-03-24 12:01 | Report Abuse

Oil price down is good for titan, and is floor price now. Just wait and fly

Nepo

3,240 posts

Posted by Nepo > 2023-03-27 12:01 | Report Abuse

Finally lose RM1.30 support..move towards RM1

wsthong123

441 posts

Posted by wsthong123 > 2023-04-25 16:33 | Report Abuse

AGM tmr, some good news?

Posted by BursaVulture > 2023-04-27 18:49 | Report Abuse

still losing money.... wtf

xcu843

1,023 posts

Posted by xcu843 > 2023-04-27 19:01 | Report Abuse

Lousai counter. Rugi for 4 quarter already.

Jnlee

288 posts

Posted by Jnlee > 2023-04-27 19:34 | Report Abuse

this Korean don't know how to do business

dlhoh

26 posts

Posted by dlhoh > 2023-04-28 08:39 | Report Abuse

QR report out on 27 Apr. Still a loss. Will remain suppressed for some time to come.

Nepo

3,240 posts

Posted by Nepo > 2023-05-12 11:15 | Report Abuse

very bad co, virtually no prospect in the nearby future..

Markv572421

3,000 posts

Posted by Markv572421 > 2023-05-22 09:15 | Report Abuse

PN 17

Stocker

1,473 posts

Posted by Stocker > 2023-05-24 12:09 | Report Abuse

Rebound?

Stocker

1,473 posts

Posted by Stocker > 2023-05-24 15:05 | Report Abuse

lai liao

Stocker

1,473 posts

Posted by Stocker > 2023-05-24 15:10 | Report Abuse

gogogo

Stocker

1,473 posts

Posted by Stocker > 2023-05-24 15:41 | Report Abuse

really meh? 1.13

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 09:52 | Report Abuse

gogogo

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 10:43 | Report Abuse

slowly climbing up hope break 1.14

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 10:59 | Report Abuse

1.14 ad

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 11:00 | Report Abuse

Gogogo

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 12:38 | Report Abuse

1.16 inikalilah

Stocker

1,473 posts

Posted by Stocker > 2023-05-25 14:42 | Report Abuse

Gogogo

Stocker

1,473 posts

Posted by Stocker > 2023-06-01 14:52 | Report Abuse

1.22

Diamond7

2,150 posts

Posted by Diamond7 > 2023-06-04 10:32 | Report Abuse

Upgrade LC Titan to a BUY with a DCF derived TP of RM1.56 (WACC 7.5%, TG 0%)

Source: BIMB Securities Research

Posted by Jonathan Keung > 2023-06-06 17:51 | Report Abuse

Never trust this kind of analysis ,report or recommendations. LC titan have incurred substantial losses for the last 5-6 Quarters. Based on their annual report. They expect a financial turnaround in their business in 2025 { when their Indonesia factory plant plan Capex expansion is completed } it's a long ...long investment commitment not a short a term buy. Anything can happen in betw 2-3 years from now

Plantermen

2,053 posts

Posted by Plantermen > 2023-06-06 22:03 | Report Abuse

LC titan have entered into a 12 year term loan of USD 2.4 billion facility to fund the Indonesia Line project. With the USD FED rates ballooned up from 1% to current 5% and the USD exchange rate sky rocketing from 3.9 MYR to current 4.6.MYR The cost have blown up from 9.36 MYR billion to 11.04 billion MYR. It's worrying and bad for any borrowing's denominated in USD. You get hit by the exchange rate and the interest rate respectively. If the FED { Jerome Powell} continues their so called hawkish stand on inflation. Please remember do your own research before you buy or sell.

Posted by DividendGuy67 > 2023-06-16 17:21 | Report Abuse

Strong close 1.27. Intraday price action like GENTING strong close.

Markv572421

3,000 posts

Posted by Markv572421 > 2023-06-20 15:07 | Report Abuse

LC titan ....PN 17 company

Posted by Jonathan Keung > 2023-07-18 16:47 | Report Abuse

Coming qtr result ( Apr -Jun } to be announced at end July . Doesn't look good going by past result.

Plantermen

2,053 posts

Posted by Plantermen > 2023-07-20 10:38 | Report Abuse

LCTITAN
1Q FY 23 loss of - MYR232 million
4Q FY 22 loss of - MYR326 million
3Q FY 22 loss of - MYR356 million
2Q FY 22 loss of - MYR 274 million
Coming 2Q result expect loss betw
MYR 250 million amid weakened demand & high inventories. Not a buy or sell call {Please do your research before you buy or sell}

Nepo

3,240 posts

Posted by Nepo > 2023-07-27 20:12 | Report Abuse

Another atomic bomb exploded

speakup

24,509 posts

Posted by speakup > 2023-07-27 21:14 | Report Abuse

besok how? limit down?

Posted by Jonathan Keung > 2023-07-27 21:26 | Report Abuse

2 Qtr result ending FY Jun 23. LC titan reported another wider nett loss of -313 million. 3 Qtr ending September is not encouraging going by the tone of the company board & management.

speakup

24,509 posts

Posted by speakup > 2023-07-27 21:31 | Report Abuse

this Lctitan game plan is very simple.
it will drop until super low valuation, then owners will privatise it
then later they will relist it as super high valuations.
they done it once before, and seems like they are doing it again

speakup

24,509 posts

Posted by speakup > 2023-07-27 21:37 | Report Abuse

this share was first listed in 2005
then it slumped and was privatised in 2011
then it was relisted at super high valuations in 2017
now price is slumping, and the owners are just waiting for the right time to privatise it again for another round of super high valuation relisting

Plantermen

2,053 posts

Posted by Plantermen > 2023-07-27 21:51 | Report Abuse

Yes. Looks like their game plan to maximise their losses prior to the Indonesia plant completion in 2025 or 2026. With 5 or 6 years of yearly high losses. Timing is right to take it private with low valuations and negative cash flow. They do it once no stopping for them to follow the second time round or in a extreme scenario. The bank will go on a auction sphree if they are unable to cough up the loans repayment. Just a pure hypothetically conjunction.

Nepo

3,240 posts

Posted by Nepo > 2023-07-28 08:36 | Report Abuse

that is y sb said if you owns a listed company, you are few lucky people on the earth that can easily earn and enjoy your life..but before that you need to struggle very hard..and of course LUCK is a most important factor.
BUT, if No try, definately no luck.

Posted by Jonathan Keung > 2023-07-28 10:09 | Report Abuse

LCtitan in a deep sink hole. 10 year financing for app USD 2.5 billion for their Indonesia plant expansion. 2.5 x 4.6 = 11.5 billion MYR. Yearly USD interest rate at 5% pa plus currency conversion. You work out the figs

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