LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.03

Today's Change

0.00 (0.00%)

Day's Change

1.01 - 1.03

Trading Volume

445,000


17 people like this.

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

allan83

119 posts

Posted by allan83 > 2017-08-29 15:34 | Report Abuse

what price u in? Newplayer286

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-08-29 15:47 | Report Abuse

Since day 1 price, sob...

allan83

119 posts

Posted by allan83 > 2017-08-29 15:51 | Report Abuse

day 1 ipo price?

ialatif

74 posts

Posted by ialatif > 2017-08-29 16:13 | Report Abuse

keep for long term investment earn dividend like my prof says :))

allan83

119 posts

Posted by allan83 > 2017-08-29 16:39 | Report Abuse

buy ce....

David Ang

29 posts

Posted by David Ang > 2017-08-29 17:57 | Report Abuse

buy CE ? mothershare up ?

toto

1,421 posts

Posted by toto > 2017-08-29 18:01 | Report Abuse

Buy more volume then U can earn whatever digits of profit U want......High risk high return. I also had made 6 digits of profit before but not in tis counter..... it is a tremendously stressful oh......

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-08-29 18:36 | Report Abuse

Ya ipo price

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-08-29 20:16 | Report Abuse

..

fygj786

30 posts

Posted by fygj786 > 2017-08-30 09:07 | Report Abuse

time to enter

ialatif

74 posts

Posted by ialatif > 2017-08-30 09:21 | Report Abuse

buy today next week cannot get this price due to short wk days institution don't take position

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-08-30 09:25 | Report Abuse

Allan93, ce what price can enter?

newbie1111

1,842 posts

Posted by newbie1111 > 2017-08-30 09:56 | Report Abuse

really want to enter today? 4 days weekend where NK can fire a missile to Guam. if that happen, the market will open gap down on monday.

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-08-30 12:02 | Report Abuse

buy during mega sales ?

allan83

119 posts

Posted by allan83 > 2017-08-30 12:35 | Report Abuse

i buy 0.305 yesterday sell this morning 0.325 :)

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-08-30 15:09 | Report Abuse

Wa...so lucky Allan. So means now can buy

Lilylizz

116 posts

Posted by Lilylizz > 2017-08-30 15:18 | Report Abuse

i think ce 0.285 can enter

gsi723

903 posts

Posted by gsi723 > 2017-08-31 18:51 | Report Abuse

Who knows its dividend policy?

Luke91

520 posts

Posted by Luke91 > 2017-09-01 12:57 | Report Abuse

Up to 5.30 sell it?

ivankvs

517 posts

Posted by ivankvs > 2017-09-02 13:58 | Report Abuse

5.6 5.8 6.0

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-02 18:08 | Report Abuse

ipo price was down was bcoz ipo chaos and down in qtr earnings which mgmt said due to shutdown..

if u hve faith on its TA & FA, then shud be no worries price up down between 5.00~5.30. petchem also ups down so dont expect ths will shoot up in short period. i bought 4.5 & 5.13.. ave at 4.9. Bought again at 5.07.

ken law

538 posts

Posted by ken law > 2017-09-03 08:17 | Report Abuse

bought at rm4.60 sold @rm 5.30 , buy back again at rm5.06

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-03 10:05 | Report Abuse

For those whom no idea what this cmpny produce, i share here for read.

PP is used to manufacture fibres for carpets, rugs and upholstery, housewares, automotive battery cases, running boards and bumpers, grid-type flooring for sports facilities, fishing tackle boxes, bottle caps and closures, metallised film for food packaging, high clarity thin walled containers and hot filled containers.

HDPE is used to manufacture grocery, merchandise and trash bags, food containers for items such as frozen desserts and margarine, bottle caps and closures, liners for cereal and cracker boxes, plastic drink cups, dairy crates, bread trays, pails, safety equipment such as hard hats, house wrap for insulation, bottles for household and industrial chemicals, milk bottles, juice bottles, and large tanks for storing liquids such as agricultural and lawn care chemicals.

LDPE is used to manufacture food packaging films, plastic bottles for packaging food and personal care items, dry cleaning bags, ice bags, pallet shrink wrap, heavy-duty bags for mulch and potting soil, boil-in-bag bags, coatings on flexible packaging products, and coatings on paper board such as milk cartons.

LLDPE is used to manufacture garbage and lawn-leaf bags, industrial can liners, housewares, lids for coffee cans and margarine tubs, dishpans, home plastic storage containers, kitchen trash containers, large toys such as outdoor gym sets, drip irrigation tubing, protective coating for telephone wires and film, shrink wrap for multi-packaging canned food, bag-in-box bags, produce bags and pallet stretch wrap.

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-03 10:09 | Report Abuse

All states in Msia soon will ban the use of polystyrene packing and move to PP, domestic demand for PP will up. Cmpany like SCGM will see their sales up. Do put them in ur watchlist.

nltong

25 posts

Posted by nltong > 2017-09-03 10:27 | Report Abuse

gsi723 Who knows its dividend policy?
31/08/2017 18:51

50% dividend policy according to IPO

dam82

2,194 posts

Posted by dam82 > 2017-09-03 14:23 | Report Abuse

Tuesday drop again due to north korea hope so ...

ccmeow

223 posts

Posted by ccmeow > 2017-09-04 07:41 | Report Abuse

Thank you SuperPanda for sharing info on the ictitan's raw materials.

Junichiro

2,057 posts

Posted by Junichiro > 2017-09-04 10:38 | Report Abuse

Lotte fast tracked its IPO after achieving a one-off financial yr super normal profit. Its listed subsidiary in the Jakarta SX went up substantially due to its TRES derivative. The took the opportunity to ask for the IPO price of $8.00.
When market conditions normalised, it could no longer achieve the one-off spectacular result.
By the time the qtr results came out, the share price of its listed subsidiary dropped substantially, requiring it to make loss provisions.
The water problem is only a small part of the decline in profits.

It may well have dropped a lot, but I do not buy those analyst reports giving at TP of $7 to $8 unless it can achieve those super normal profits. By the second half, new plants in China are starting to add the supply. All in all, it is for the long term.

newbie1111

1,842 posts

Posted by newbie1111 > 2017-09-04 14:17 | Report Abuse

tomorrow can open to a bloodbath in the market. ready to queue buy on weakness.

enning22

2,898 posts

Posted by enning22 > 2017-09-05 09:47 | Report Abuse

Diamonds will shine no matter wat has happened or what other says of it.

spy008

177 posts

Posted by spy008 > 2017-09-05 10:33 | Report Abuse

@Junichiro,

According to Lctitan published presentation on the commentary of their drop in EBITDA comparing 2Q2017 (259mil) & 1Q2017 (491mil),

Water issue contributed 31% of the decline in EBITDA,
TRES valuation loss contributed 27%,
Higher inventory consumption impact resulting from post-turaround stabilisation: 20%,
Lower net sales margin due to lagged product and feedstock effect: 19%.

The group plant utilisation rate was abt 75%+ to 80% (May- June) excluding the maintenance period & water issue period (Feb, March & April)

Therefore, if everything normalise, the net profit might be around 350-400mil? However, there is another maintenance for their 2nd largest plant @ July. These scheduled maintenance is every 4-5 yrs.

kingcobra

2,772 posts

Posted by kingcobra > 2017-09-05 11:39 | Report Abuse

looks yummy!

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-05 16:29 | Report Abuse

4.30pm now at 5.20. Will hit back 5.3+ sooned than i expected. Even 5.3+ still cheap if coming qtr result 300m-400m. But end FY17 would affect earnings due to IPO expense 100m.By that time TP 6.0 if earnings realized.

ialatif

74 posts

Posted by ialatif > 2017-09-05 17:09 | Report Abuse

by end of 2017 TP of RM6 may be reached if as expected forecast on their profits.

Luke91

520 posts

Posted by Luke91 > 2017-09-05 18:16 | Report Abuse

RM5.8 still consider cheap, this company is strong enough, the us now are facing natural disaster which affected the country petrochemical production, and the chemical can export to them

SDR245

1,675 posts

Posted by SDR245 > 2017-09-05 21:43 | Report Abuse

5.40 soon

newbie1111

1,842 posts

Posted by newbie1111 > 2017-09-06 00:03 | Report Abuse

Dow drops 170 points after North Korea bomb test sends jitters through Wall Street

https://www.cnbc.com/2017/09/05/us-stocks-north-korea-economy.html

ialatif

74 posts

Posted by ialatif > 2017-09-06 10:36 | Report Abuse

newbie counter undervalue thats why it goes up even N Korea bombs S Korea

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-09-06 10:52 | Report Abuse

...

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-09-06 14:19 | Report Abuse

sell ..sell ..sell ..

kingcobra

2,772 posts

Posted by kingcobra > 2017-09-06 14:24 | Report Abuse

gonna touch 6.00 this month........DON'T SELL!

newbie1111

1,842 posts

Posted by newbie1111 > 2017-09-06 14:35 | Report Abuse

asia market all read, europe market open red, this counter going to weaken in afternoon session?

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-09-06 17:37 | Report Abuse

Kingcobra, finger crossed

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-06 19:59 | Report Abuse

good day lctitan.. and most chem stock up. : )
luxchem after split 1:3 up 8.5 cents.

T1T4N

270 posts

Posted by T1T4N > 2017-09-07 11:07 | Report Abuse

http://www.houstonchronicle.com/business/columnists/tomlinson/article/An-ode-to-petrochemicals-following-Harvey-12171830.php

Last chance to buy LCTITAN lower than IPO price.
Harvey, Macau, HK highly need petrochemical products due to drastic typhoon weather

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-09-07 14:55 | Report Abuse

poor company. .sell sell

ialatif

74 posts

Posted by ialatif > 2017-09-07 16:09 | Report Abuse

follow king cobra dont sell will reach rm6

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-09-07 18:08 | Report Abuse

Q3 result will fly sky high..how can Q3 perform worse than Q2?

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