LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.02

Today's Change

-0.01 (0.97%)

Day's Change

1.02 - 1.03

Trading Volume

99,200


17 people like this.

12,750 comment(s). Last comment by cbkia4896 6 days ago

Posted by davidvestor > 2017-08-02 11:25 | Report Abuse

buy back 4.49, hehe

cooling

1,676 posts

Posted by cooling > 2017-08-02 11:31 | Report Abuse

this is technical rebound...you have to remember alot of people stuck above RM4.70 to RM 6.50...
and coming days will be margin call....current price entry will be suicidal...

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 11:37 | Report Abuse

1 off event already affected the full year results, unless 3rd quarter will make more to cover the 2nd half bad results. history repeat it self,old titan make MGO new lctitan in future also make MGO.but the MGO likely below the IPO price so they make a 2nd round like the retailer says....hahaha

Posted by happyinvest88 > 2017-08-02 11:38 | Report Abuse

I sold mine call warrant, made 90k profit today, really thx to LCT

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 11:43 | Report Abuse

how u make 90k? please share

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 11:43 | Report Abuse

beli apa call warrant can make so much?

smartly

6,430 posts

Posted by smartly > 2017-08-02 11:46 | Report Abuse

90k ! can close book for the year already.

lazycat

899 posts

Posted by lazycat > 2017-08-02 11:47 | Report Abuse

call warrant issued by : blow dihydrogen monoxide investment bank (Asing)

nicky

3,351 posts

Posted by nicky > 2017-08-02 11:59 | Report Abuse

how low can it go ??

Posted by happyinvest88 > 2017-08-02 12:04 | Report Abuse

Call warrant CE, bought yesterday 0.115-0.120, sold just now 0.145 2.5mil units

Posted by davidvestor > 2017-08-02 12:04 | Report Abuse

call warrant, u probably loss everything within 6 mths. most have IPO conversion price !

Posted by happyinvest88 > 2017-08-02 12:06 | Report Abuse

@davidvestor normally I fast in fast out call warrant, din hold for a term...

smartly

6,430 posts

Posted by smartly > 2017-08-02 12:13 | Report Abuse

assuming make 3sen per 1000 shares

30 x 2500 = 75,000 nia.....where got 90k ?

smartly

6,430 posts

Posted by smartly > 2017-08-02 12:15 | Report Abuse

lazycat is correct, monoxide blow....

FujianRen

28 posts

Posted by FujianRen > 2017-08-02 12:15 | Report Abuse

On the way!


FujianRen Will drop to 4.40 level
02/08/2017 10:56

Posted by happyinvest88 > 2017-08-02 12:18 | Report Abuse

@smartly another 20k playing swing lah

Posted by happyinvest88 > 2017-08-02 12:18 | Report Abuse

Now going petronm CD

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-08-02 12:18 | Report Abuse

one day....got RM90K......no need to work anymore....

wotvr

841 posts

Posted by wotvr > 2017-08-02 12:20 | Report Abuse

90k easy come, easy go. As long as he don't get overconfident to try his luck again.

Posted by happyinvest88 > 2017-08-02 12:24 | Report Abuse

Cannot fall in love to call warrant lah, when mother selling pressure coming, must off boat

newbie1111

1,842 posts

Posted by newbie1111 > 2017-08-02 12:31 | Report Abuse

hng33 already sell or this afternoon will have second wave up?

Posted by isupertrader > 2017-08-02 12:51 | Report Abuse

Sweet discount now

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-08-02 13:07 | Report Abuse

Spend so much bullet to gain just few cents
:)

hng33

20,033 posts

Posted by hng33 > 2017-08-02 13:14 | Report Abuse

Lotte Chemical Titan snaps two day losses

KUALA LUMPUR: Lotte Chemical Titan Group Bhd, whose shares were battered after reporting a dismal set of second quarter earnings, managed to snap the two days of sell down.

At 10am, it was up 14 sen to RM4.42. Turnover was 7.32 million shares done.

The FBM KLCI rose 5.13 points or 0.29% to 1,770.26. Turnover was 377.87 million shares valued at RM234mil. There were 252 gainers, 222 losers and 285 counters unchanged.

Lotte Chemical was listed on July 11 at a revised offer price of RM6.50 instead of RM8.

The shares came under selling pressure on Monday after when its second quarter earnings fell 72% to RM113.61mil from RM404.03mil last year while its revenue fell 11.2% to RM1.77bil from RM1.99bil.

Lotte Chemical attributed the decline in net profit to higher product costs due to the high inventory cost carried forward from the first quarter’s turnaround activities and a water interruption incident in April 2017.

The water disruption caused its plants to shut down for 13 days and caused a decline in production of 75,000 tonnes.

Meanwhile, the lower revenue was due to lower sales demand during the festive season in June, as well as lower average selling prices.

Read more at http://www.thestar.com.my/business/business-news/2017/08/02/lotte-chemical-titan-snaps-two-day-losses/#wWTxvjzDevCbF1Q1.99

gcke

1,359 posts

Posted by gcke > 2017-08-02 13:19 | Report Abuse

@hng33,congrats to you for making a pile.But others don't need any "show of pity" remark from you.
2.We have to respect differing opinions.Let's share and put any available information,thoughts,opinions,news,comments about the stock on the table in this open forum.
3.The forumers will then be able to analyse,digest and collate the information to make a credible decision.
4.Every view and perspective on the prospect of the stock- to buy or NOT will not and be the same like you.That is market reality.

If not how can the market functions and works.But together with good news,comments,opinion make and share we hope everybody makes a good and wise decision.We want every forumer to win if possible.

hng33

20,033 posts

Posted by hng33 > 2017-08-02 13:31 | Report Abuse

Lotte Chemical rebounds 5.14% in active trade

KUALA LUMPUR (August 2): Shares in Lotte Chemical Titan Holding Bhd (LCT) rebounded today, rising 5.14% higher in morning trade, after a continued fall following its report of a 72% drop in year-on-year net profit on July 31.

The stock continued to fall yesterday, declining 5.32% in active trade and closing lower at RM4.28, compared to its initial public offering (IPO) price of RM6.50.

The integrated petrochemical producer reported a 72% drop in its net profit to RM113.62 million or 6.58 sen per share for 2QFY17, from RM404.03 million or 23.38 sen per share a year earlier.

Quarterly revenue fell 11% to RM1.78 billion from RM1.99 billion.

It attributed the lower revenue to a decrease in sales volume, due to the unplanned water interruption by Syarikat Air Johor (SAJ) in April 2017, coupled with lower sales during the festive holiday in June.

At 10.17am, Lotte’s counter rose 22 sen to RM4.50 with some 10.2 million shares traded.

A report by the Edge Financial Daily today revealed that LCT said was not aware that the water disruption at its Johor-based petrochemical plant would have such an oversized impact on its second-quarter earnings during its initial public offering (IPO), according to its president Lee Dong Woo.

Lee said the water shortages occurred in April, before the group went for listing adding that the full impact was not known to the company until mid-July — after LCT had already been listed.

Remark: Again, lotte poor Q2 result mainly due to water outage. Investor should look into next Q3 result which is month July onward, the time when IPO took place instead of over concern of previous one off event happen in April.

greedy44

735 posts

Posted by greedy44 > 2017-08-02 13:45 | Report Abuse

Buy for long term...the price would surely higher than current price by the end of the year if oil prices continue to stay low.

paktua60

27 posts

Posted by paktua60 > 2017-08-02 14:28 | Report Abuse

Why buy now? Wait Oct-Nov 17 buy.

RojakInvestor

1,234 posts

Posted by RojakInvestor > 2017-08-02 14:29 | Report Abuse

price may no longer be cheap la

Posted by pakatan_harapan2 > 2017-08-02 14:33 | Report Abuse

Can get 3.5 by next QR?

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-08-02 14:34 | Report Abuse

an cheap entry for medium term investment.....better than IPO investors.....win-win stock.

Posted by pakatan_harapan2 > 2017-08-02 14:35 | Report Abuse

GE postpone to 2018 fear Pakatan takeover?

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-08-02 14:35 | Report Abuse

Fool one time not enough
Want to get fool twice
:)

FujianRen

28 posts

Posted by FujianRen > 2017-08-02 14:44 | Report Abuse

4.40 reached!

Posted by davidvestor > 2017-08-02 14:46 | Report Abuse

flat tyre ! no more steam ?

Posted by davidvestor > 2017-08-02 14:47 | Report Abuse

it this going to test the low ?

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 14:49 | Report Abuse

is like that now,cannot be greedy

cooling

1,676 posts

Posted by cooling > 2017-08-02 14:51 | Report Abuse

cornerstone investors are selling because it won't survive the next QR...public spread is very little only.....better cut first before margin call

Posted by pakatan_harapan2 > 2017-08-02 14:56 | Report Abuse

Even 1MDB no money to pay where got money buy shares? Tan kuku or wait Pakatan takeover.

ialatif

74 posts

Posted by ialatif > 2017-08-02 15:00 | Report Abuse

Frd read analyst report stock deeply oversold nothing to do with 1Mdb if u got money buy

Posted by MoreNMoreMoney > 2017-08-02 15:00 | Report Abuse

Now price bac to 4.4....=_="

davidvestor buy back 4.49, hehe

02/08/2017 11:25

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-08-02 15:03 | Report Abuse

more may falling in frying pan......if you contra wrong figures.......hahaha...beware...nothing is free.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-08-02 15:06 | Report Abuse

seems like program selling is in progress...........very bad for small fishes.

Posted by davidvestor > 2017-08-02 15:08 | Report Abuse

I'm real, I made 8k this morning, LCT has the oppty to trade and keep. still looking to buy some more.. those not doing anything might regret later, missing the boat in front of u. I might be wrong DYOR. hehe

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 15:09 | Report Abuse

ace stocks lagi tipu,no sell no up,after sell only up,i saw my frens all hentam ace stocks all dead

apolloang

18,163 posts

Posted by apolloang > 2017-08-02 15:11 | Report Abuse

mtouche,mpay,mlab....semua itu M like MBI tipu duit orang....don't buy all crooked gangsters operator manipulate the stocks

smartly

6,430 posts

Posted by smartly > 2017-08-02 15:12 | Report Abuse

came down again.....sailang ?

Posted by davidvestor > 2017-08-02 15:15 | Report Abuse

funds play play. it prob. going to hit the low and break the high. I park to buy 4.25 hehe

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-08-02 15:17 | Report Abuse

program selling is over......up up now

newbie1111

1,842 posts

Posted by newbie1111 > 2017-08-02 15:19 | Report Abuse

moneycashrich can sailang?

Post a Comment
Market Buzz