Posted by Liau San > 2017-09-29 22:58 | Report Abuse

can buy in at 5.26 ?

Posted by gick891214 > 2017-09-30 07:08 | Report Abuse

I believe profit 200m is not the issue.

Posted by enning22 > 2017-09-30 12:51 | Report Abuse

Once $4 billion naphtha cracker plant in Indonesia is completed , LCTT will be very competative,then you will see the superb value.

Posted by SuperPanda > 2017-09-30 16:55 | Report Abuse

5.20-5.30 very good buy on current weak klci. Good FA stock now at low price. Never get if klci above 1770. Only worry klci cntinue drop 3rd wk in a row due to us-nk and economic related.

Posted by gick891214 > 2017-09-30 16:57 | Report Abuse

i agreed with you superpanda :D

Posted by projecti2016 > 2017-09-30 17:56 | Report Abuse

stable mood. any lower is absolute opportunity to add.

Posted by gsi723 > 2017-09-30 20:35 | Report Abuse

Bad news.... got shutdown by DOE due to strange smell..... will be cheap sales again

Posted by gsi723 > 2017-09-30 20:39 | Report Abuse

No water, fire.... now chemical stench.... things couldn't be more wrong for LC Titan

Posted by gsi723 > 2017-09-30 22:07 | Report Abuse

http://str.sg/4986

Posted by gick891214 > 2017-09-30 23:44 | Report Abuse

So bad liao.. No eyes see

Posted by weavefinder > 2017-10-01 00:48 | Report Abuse

Read this article b4 watching the chelsea-MC game, My 2 cents worth on the chronology of events:
20th sept fire incident.
25th sept singapore engulfed with so call offensive odor. Question: 5 days time lapse b4 reaching Singapore?
On the 25th, LCT issued the damage assessment statement. The NEW plant between 20th and 25th cannot be operating.
Story published 4 hours ago in the ST of Singapore. DOE Malaysia issued Stop work order on a weekend?
If the order was issued anytime between working days 25th and 29th, the market would have already responded, and therefore history.
Also if the stop work order was for the DAMAGED plant, that plant is a new project, no effect on their ongoing operations. Thats OK.
My take is that, Pasir Gudang is huge, a host to many chemical companies, and also there is no mention of the company's identity except for the clue from the fire incident. Chemical companies catching fire there is just another day in a fireman's routine.
If it was LCT then another PC shall be forthcoming to explain and defuse the situation. But I think Johoreans would have known about this, becos the market normally reacts to extraordinary occurrance info B4 the press issues the story.

Posted by Sephy > 2017-10-01 11:52 | Report Abuse

Water, fire, now air. Earthquake in indon soon to finish the cycle.

Posted by weavefinder > 2017-10-01 12:48 | Report Abuse

Well i guess you could say that LCT is very close to nature. let alone the volcanic eruptions, the tsunamis, and the likes of it. The most NATURE susceptible co in the world or perhaps the greenest on this planet, figuratively speaking!

Posted by SuperPanda > 2017-10-01 15:51 | Report Abuse

if down cheaper will buy more. i live close to PG,
no water disruption frm jul-sep, so #1 problem solve. #2 prob fire is minor on new plant. #3 stop order only on new plant.

compare with good news, #1 sell price up due to us shutdown, #2 raw mat cost still low (oil price <60usd, #3 price low and mayb lower if mrket cntinue down

everythg 5.20-5.30 good price, below 5.20 is bargain, below 5.00 is cheap sale.

Posted by ivankvs > 2017-10-01 18:54 | Report Abuse

cheap?

Posted by gsi723 > 2017-10-01 19:08 | Report Abuse

Can go in if there is panic under 5/=

Posted by Wywy > 2017-10-01 20:23 | Report Abuse

very unlikely to fall down further more, the sell down and accumulation at 5.25 is insane for the past week.

Posted by kidfury > 2017-10-01 20:34 | Report Abuse

Heard that DOE halted the new plant start-up until further notice, it was confirmed the stench is coming from LCTITAN

Posted by kidfury > 2017-10-01 20:35 | Report Abuse

waiting for good chance to enter below 5

Posted by Sephy > 2017-10-01 21:02 | Report Abuse

aiya new plant is for safety measures that would have been done so even if the DOE didnt ask to halt. its not even producing anything. 1Q18 start production is still likely.

Posted by SuperPanda > 2017-10-01 22:46 | Report Abuse

ivankvs.. its cheap if you look future prospect. im holding for another 6 mths (4th qtr).

By CIMB Research

Add (maintained)

Target Price: RM8.50

LOTTE Chemical Titan Holdings Bhd’s fire accident at its PP3 expansion plant in Pasir Gudang, Johor was reported to be minor, according to CIMB Research.

Plants are operating as usual with no interruptions.

Meanwhile, after the disappointing second quarter 2Q17 results due to the unplanned shutdown because of water shortage and multiple non-recurring items, CIMB Research expects Lotte’s net profit to recover in the third quarter of 2017.

“We project average utilisation rate of 80% in the third quarter of 2017 for Lotte.

“This is higher than the 70% in second quarter due to water shortage and 60% in the first quarter due to the 53-day planned shutdown of naphtha cracker #2 (longer than the planned shutdown of 33 days in 3Q17 for naphtha cracker #1).

In the meantime, CIMB Research has projected Lotte to continue to improve its overall utilisation rate from 80% in the third quarter of 2017 to 90% in the fourth quarter of 2017, bringing the average utilisation rate for FY17 to 75%.

“This is in line with our projection. We believe the third quarter and fourth quarter 2017 earnings will be strong at RM0.2bil-RM0.5bil per quarter, thanks to high margins for HDPE-naphtha, benzene-naphtha and PP-naphtha, which would more than offset the weak BD-naphtha margin,” the house said.

The research firm does not think that the water damage caused by the unplanned water shortage during the second quarter would recur because Lotte plans to expand its water storage capacity from one day currently to two days by the end of fiscal 2018 forecast.

The company has decided to only start plant operations when it is confident that there will be sufficient and consistent water supply.

The stock is trading at only 3.2 times FY17 forecast earnings before interest, tax, depreciation and amortisation, significantly below its regional peers’ average of 8.3 times.

CIMB thinks Lotte remained attractive given the anticipated strong earnings growth recovery post second quarter 2017.

This is driven by utilisation rate improvement that is expected to go on in the third to fourth quarter of 2017.


Read more at http://www.thestar.com.my/business/business-news/2017/09/25/analyst-reports/#F1ttxBELIhl2mpJc.99

Posted by SuperPanda > 2017-10-01 22:53 | Report Abuse

But 8.5 i think too much. TP 7.0 in 6 mnths sounds logical, earnings 1B annual, PE <16 but need to hit 300m each in next coming 2 qtr.

Posted by SuperPanda > 2017-10-01 22:58 | Report Abuse

Let say u hve 27K capital, can get abt 5K shares. in 6 mths can earn rm1.75 each share, profit rm8.75K @ 32%.
Very good already. But this is forecast only. Water and fire still can struck anytime. LoL.

Posted by emil > 2017-10-01 23:03 | Report Abuse

A Great Crash is coming??
https://www.cnbc.com/2017/09/29/david-stockman-tax-reform-plan-is-pipe-dream-stocks-to-plunge-40-70-percent.html

Posted by gick891214 > 2017-10-02 07:07 | Report Abuse

Emil, dont need waiting trump. Lctitan also has own difficulty...haha

Posted by enning22 > 2017-10-02 08:51 | Report Abuse

DON'T BE SILLY .David Stockman is a liar, a doom wisher.

Posted by kuaTAKtahu > 2017-10-02 09:29 | Report Abuse

don't count your chickens before they hatch

Posted by enning22 > 2017-10-02 09:42 | Report Abuse

don't be silly , stock investment is about future prospect, if only zero or negative gain ,better run quick,quick,

Posted by iyin666 > 2017-10-02 10:21 | Report Abuse

Why Lctitan board not commenting on plant shut down by DOE?

Posted by Sephy > 2017-10-02 10:23 | Report Abuse

because it is immaterial news. how do you shut down a plant that is not producing ? hahahaha. it is just to implement further safety measures which LCTitan would have done anyway.

Posted by Sephy > 2017-10-02 12:24 | Report Abuse

stock break below support. Time to run

Posted by calvintaneng > 2017-10-02 13:44 | Report Abuse

kuaTAKtahu,

Why are you here in Titan Chemical?
This one might sink down like the Titanic.
Sporeans are affected by the explosions in Titan factory just across Johor Straits.
So Titan told to stop work.

Better sell Titan and go back to DRB HICOM.

OR ELSE GO BUY THESE

BJ CORP
MUI BHD

Posted by gick891214 > 2017-10-02 14:01 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5560285

Posted by gick891214 > 2017-10-02 14:02 | Report Abuse

The announcement looks like not vrry bad news

Posted by spy008 > 2017-10-02 14:09 | Report Abuse

From the announcements, it seems that the STOP WORK ORDER is applying on the TE3 Project only, which means the existing operation is not affected.

Posted by spy008 > 2017-10-02 14:14 | Report Abuse

Also, despite of the fire incident & stop work order, LCTitan still believes that they are able to commencing operation in 4Q 2017.

Posted by Sephy > 2017-10-02 14:22 | Report Abuse

amazing how so many things can go wrong with a company. lol.

Posted by kuaTAKtahu > 2017-10-02 14:25 | Report Abuse

.

Posted by calvintaneng > 2017-10-02 14:31 | Report Abuse

Aemulus also has deteriorating fundamental

Any one got Aemulus, Sendai or Jaks also better sell & run now!

Posted by calvintaneng > 2017-10-02 14:47 | Report Abuse

See

pollution in Spore caused by Titan Chemical

http://www.straitstimes.com/singapore/mondays-chemical-stench-traced-to-industrial-facility-in-pasir-gudang-johor-nea

Posted by kingcobra > 2017-10-02 14:49 | Report Abuse

GOOD TIME 2 COLLECT MORE!...don't miss out dude..........

Posted by enning22 > 2017-10-02 15:29 | Report Abuse

hightech petrochemicals manufacturing company used to experience many problems,technological, enviromental ,etc. need careful researches and studies to overcome problems,once problems are being overcome, share price will rocket sky high.

Posted by firehawk > 2017-10-02 15:29 | Report Abuse

The National Environment Agency (NEA) said in a Facebook post on Friday (Sept 29) that it contacted its counterpart in Malaysia, the Department of Environment (DOE), to seek its assistance after the smell was detected on Monday.

It said: "The DOE has deployed resources in identifying the source of the smell. It has traced the source to an industrial facility in Pasir Gudang, and is taking action against the operator."


affect production again?

Posted by Junichiro > 2017-10-02 15:30 | Report Abuse

Hi clavin, is Titan liable for damages to S'pore caused by the foul odour ?

Posted by bravo88 > 2017-10-02 15:43 | Report Abuse

ini company banyak suey lo...

Posted by enning22 > 2017-10-02 15:52 | Report Abuse

these are minor technical issues,most probadly due to leaks.soon to be taken care off.

Posted by firehawk > 2017-10-02 15:55 | Report Abuse

No play play .. Stop Work Order issued!

We wish to announce that the Department of Environment has on 1 October 2017 issued a stop-work order on our KBR Catalytic Olefins Technology catalytic cracking reactor (“K-COT”) within our TE3 Project (“Stop-Work Order”) for us to mitigate and reduce odour emission and eliminate surface oil sheen / film discharge. We are attending to the remedial actions and will provide an update in due course.

Posted by kuaTAKtahu > 2017-10-02 15:59 | Report Abuse

Poor share. Sell . and walk away

Posted by SuperPanda > 2017-10-02 16:01 | Report Abuse

KLCI further dropping. Pull down 550 losers. Big boys stay away. 3rd week in a row. Not so good sign.

Posted by apolloang > 2017-10-02 16:20 | Report Abuse

break 5.00 pula