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

mamatede

3,950 posts

Posted by mamatede > 2017-09-20 16:27 | Report Abuse

Malaysia is not like China, they dont like you they make your business suffer

GoTrade

21 posts

Posted by GoTrade > 2017-09-20 16:43 | Report Abuse

Let's see tomorrow!

Posted by Jelas Ulung > 2017-09-20 17:03 | Report Abuse

all my profit on call warrant almost gone.....considering to offload all to avoid loss.

Posted by Jelas Ulung > 2017-09-20 17:05 | Report Abuse

hopefully IB will come back to take mine

azmi8800

14 posts

Posted by azmi8800 > 2017-09-20 17:12 | Report Abuse

LC titan facility in Pasir Gudang is burning.. Gonna really hurt the output & revenue. Seems like this counter is haunted. yeah

David Ang

29 posts

Posted by David Ang > 2017-09-20 17:15 | Report Abuse

factory fire @Pasir gudang just now.

azmi8800

14 posts

Posted by azmi8800 > 2017-09-20 17:23 | Report Abuse

sell sell sell.. still had some profit. hehe. kept some only for backup.

azmi8800

14 posts

Posted by azmi8800 > 2017-09-20 17:30 | Report Abuse

@david.. its been burning since 3pm. will see tomorrow morning how market react. most probably tah facility will be shut down again for investigation & dmg assessment.

David Ang

29 posts

Posted by David Ang > 2017-09-20 17:39 | Report Abuse

@azmi800 titan staff said , they are starting up the new plant and catalyst firing happened.

Elfkone

71 posts

Posted by Elfkone > 2017-09-20 18:19 | Report Abuse

It will affect their current plants ?

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-09-20 18:19 | Report Abuse

.

kuaTAKtahu

1,460 posts

Posted by kuaTAKtahu > 2017-09-20 18:24 | Report Abuse

fake news or real ?

abang_misai

2,550 posts

Posted by abang_misai > 2017-09-20 18:47 | Report Abuse

Estimated loss from today fire is around RM730mil. My goodness.

Leo72

131 posts

Posted by Leo72 > 2017-09-20 18:50 | Report Abuse

KUALA LUMPUR (Sep 18) -- A fire broke out at one of Lotte Chemical Titan Holding's plants in Malaysia's southern state of Johor on Wednesday afternoon, a senior company executive and the local fire department said.

The fire, which has since been extinguished, caused 'minor' damage to the company's plant in Pasir Gudang, the executive said, declining to be identified as he was not authorized to speak to the media.

A spokesperson with the local Fire Department said no injury was reported onsite and authorities are still investigating the cause of the fire.

gsi723

903 posts

Posted by gsi723 > 2017-09-20 18:55 | Report Abuse

Last time biz affected by no water, don't say this qtr results affected by fire....

Leo72

131 posts

Posted by Leo72 > 2017-09-20 18:56 | Report Abuse

water > fire > what next?

gsi723

903 posts

Posted by gsi723 > 2017-09-20 18:56 | Report Abuse

Investigate the cause of fire & implement countermeasure means production would affected at least for a while....??

gsi723

903 posts

Posted by gsi723 > 2017-09-20 20:00 | Report Abuse

abang_misai Estimated loss from today fire is around RM730mil. My goodness..

Will it drop 20% tomorrow? => 4.20

musangfoxking

3,576 posts

Posted by musangfoxking > 2017-09-20 20:13 | Report Abuse

OMG!!!!!!!! wat a lucky escape 4me!!! bot at 4.43 n sold @ 4.53!!! gain not enuf to have free Starbucks, but nevertheless still make koipi O at Tan Ah Kow coffee shop!!!!!! kikikiki

Aries

659 posts

Posted by Aries > 2017-09-20 20:16 | Report Abuse

Should have fire insurance to cover the losses.

Posted by projecti2016 > 2017-09-20 20:18 | Report Abuse

shet....

BabyTA

590 posts

Posted by BabyTA > 2017-09-20 20:35 | Report Abuse

tomorrow semi-limit down? this counter very suay la

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-09-20 20:50 | Report Abuse

adooiiii terbakar lah pulak, Semua tak kena.

Deslim

19 posts

Posted by Deslim > 2017-09-20 21:14 | Report Abuse

Minor damage

musangfoxking

3,576 posts

Posted by musangfoxking > 2017-09-20 21:17 | Report Abuse

certainly! hope it will rebound, like Pmetal a few years back!

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-20 21:18 | Report Abuse

seen the video already, only smoke a lot from combustion tower.. cant even see fire.. i would say minor case.. can sleep well tonight and tomorrow if go down can buy.

Aries

659 posts

Posted by Aries > 2017-09-20 21:20 | Report Abuse

Can claim back from insurance la. Not to worry.

Posted by Skipz Yang > 2017-09-20 21:23 | Report Abuse

well, just hope that is not the naphtha cracker...if it is LCT would have a major problem

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-20 21:38 | Report Abuse

see if this link works for the clip

https://youtu.be/pA9GY3YOGSg

proxy888

18 posts

Posted by proxy888 > 2017-09-20 21:47 | Report Abuse

Nothing to worry. Today shares dropped due to over panic selling of fire case.

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 21:50 | Report Abuse

It's just a minor case, mkt overreacted today. I would say it will rebound to 5.4 level tomorrow..

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 21:51 | Report Abuse

See the above clip, just minor burning.

apolloang

18,163 posts

Posted by apolloang > 2017-09-20 21:56 | Report Abuse

what kinda company is this? water disruption 11 days only minor incident but profit down a lot, now fire incident also minor but dunno have to stop how many days,soon below 5.00 again?

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 21:59 | Report Abuse

Don't worry. After the water disruption incident,they hv reviewed and revised their insurance plan, everything is well covered

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 22:01 | Report Abuse

The fire incident started in the afternoon, mkt already reacted to it. The fire seems to be too minor to hv big impact on their production.

abang_misai

2,550 posts

Posted by abang_misai > 2017-09-20 22:11 | Report Abuse

Asap dua kepul. Apa nak risau?

amsterdam

28 posts

Posted by amsterdam > 2017-09-20 22:35 | Report Abuse

serious fire. From far, the smoke so thick. Die-lor like that.

Posted by Skipz Yang > 2017-09-20 22:40 | Report Abuse

anyone knows what's the structure that caught fire? there may just be smoke outside, but without knowing what actually caught fire, the damage maybe worse than what it looks externally...

amsterdam

28 posts

Posted by amsterdam > 2017-09-20 22:50 | Report Abuse

this kind of serious fire, not so easy for the plant to start back. Stop production at least 2-3 months. Profit sure drop kaw-kaw

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 22:57 | Report Abuse

They hv 9 plants, and only one plant seems caught "smoke". What's big deal? I hv seen fire in small restaurant kitchen which caught more and thicker smoke than this, This is real 'minor' damage.

Maxigain

386 posts

Posted by Maxigain > 2017-09-20 23:01 | Report Abuse

Btw, this is chemical plant, if it's serious, the smoke would hv more than this..

ivankvs

517 posts

Posted by ivankvs > 2017-09-20 23:06 | Report Abuse

So

Winmore88

1,165 posts

Posted by Winmore88 > 2017-09-20 23:31 | Report Abuse

just small smoke, why so worry about that? and it's a new plant ya.

gsi723

903 posts

Posted by gsi723 > 2017-09-20 23:49 | Report Abuse

I guess today many traders thought they are buying 'cheap' without knowing there is fire.... see if any similar panic reaction tomorrow? Anyway this ctr seem good to traders... up down up down

apolloang

18,163 posts

Posted by apolloang > 2017-09-21 00:12 | Report Abuse

I would not be buying troubled stocks

Winmore88

1,165 posts

Posted by Winmore88 > 2017-09-21 00:21 | Report Abuse

overall still okay 1, this counter , the fundamental is there and the demand for the product also there , just a small fire , the damage won't be much

shazza

251 posts

Posted by shazza > 2017-09-21 04:03 | Report Abuse

Sure have insurance to cover fire damage. Market will over-react usually so don't add to the panic, no point. Some will take advantage and buy

enning22

2,898 posts

Posted by enning22 > 2017-09-21 06:23 | Report Abuse

Petrochemical plant, just see smoke and NO EXPLOSION, then can consider minor event, not serious.

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