Keeping it for long term. Would not bother for short term downside. Not so happy for lctitan today perform but many counters up, should be fine.. VS and Superln are my favourites. Both never let me down.
allan83 earn 30K if sold now, 16/aug??? say bought lowest 4.28, highest now 5.12 earn .84 per share, 30K profit means hve around 350 lot with capital around 150K..
only ths counter spend 150K capital.. wow, hard to believe..
At 4.40, the stock is trading at 9x FY19 P/E (based on IPO FY19 EPS of 48.6 sen), lower against its peers like PCHEM (15x) and Formosa Chemical & Fibre (13x) but on par with PTT Global Chemical (9x). On P/B basis, LCTITAN’s 0.75x P/B (based on IPO FY17 BVPS of RM5.90) is substantially lower against its peers PCHEM (2.0x), Formosa Chemical & Fibre (1.6x) and PTT Global Chemical (1.2x).
The downturn of IPO is merely of panic when people expectd it going to be gd but turned out the opposite way. The IPO itself was a mess and mgmt was not transparent. But the basis of business is solid and next qtr shud clear the sentiment. I had top up at 5.13 yday, down to 5.06 and mybe down a bit more to stabilise b4 up again over the qtr. Mine ave at 4.69. Good for long term. no doubt.
"The company’s upcoming projects – two in Malaysia, namely TE3 and PP3, and the US shale gas project, which will add to its capacity – to contribute RM800mil to annualised earnings before interest, tax, depreciation and amortisation"
Sold off with massive profits 1.4 ringgit. Shifting to PCHEM with 100% more profit compared to previous quarter. Lotte is overpriced now with lots of internal conflicts in the parent company in Korea. Moreover, poor quarterly result was just released. Too risky to chase high now.
Hahaha .. base on our source of information, one of our 'insider' told us that this stock going to be included in KLSE MSCI index by this year! Who believe? if u believe then you sell car sell house sell wife and daughter to hantam ~ haha xD
@angcl don't SIN KA LAN there, let's say u so pandai manage to collect LCTITAN at lowest price 4.14 & profit taking at today highest price 5.49 meh earn 1.35 je.
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allan83
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Posted by allan83 > 2017-08-16 13:04 | Report Abuse
if sold now earn 30k...if reach tp6...really huat:)