LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.17

Today's Change

+0.02 (1.74%)

Day's Change

1.14 - 1.17

Trading Volume

485,900


17 people like this.

12,727 comment(s). Last comment by jinxstock20 1 hour ago

mamatede

3,950 posts

Posted by mamatede > 2017-11-29 11:43 | Report Abuse

@9312668 please pump in billions help support price. Sien. to those Koreans Management , stop dumping eh.

csyap

10 posts

Posted by csyap > 2017-11-29 11:45 | Report Abuse

Cheap sale down to 4.00 to 25% public spread

kingcobra

2,772 posts

Posted by kingcobra > 2017-11-29 11:51 | Report Abuse

big wheels keep on turning.....beh tahan liao............

jesz

10 posts

Posted by jesz > 2017-11-29 12:00 | Report Abuse

Should we cut loss now??

7skies

375 posts

Posted by 7skies > 2017-11-29 12:10 | Report Abuse

but pchem moving up woahh

aleroe

140 posts

Posted by aleroe > 2017-11-29 12:11 | Report Abuse

I am buying

Posted by leslieroycarter > 2017-11-29 13:29 | Report Abuse

Will it going down to 414? More likely as its profit is getting lower each quarter....

theedge

571 posts

Posted by theedge > 2017-11-29 15:50 | Report Abuse

korean suckers!

Deslim

19 posts

Posted by Deslim > 2017-11-29 23:18 | Report Abuse

does anyone know how klse screener calculated the eps 14.9???

Posted by Leong0330 > 2017-11-30 17:28 | Report Abuse

the current EPS should be 16+, however this value only reflects EPS for two quarters. Assuming production of the factory resumes after the 5-years turnaround (which caused low production rate few months ago), the normal EPS will be at least 15 for each quarter, which means EPS for whole year will be 60.

Junichiro

2,052 posts

Posted by Junichiro > 2017-11-30 20:52 | Report Abuse

The cumulative EPS after 3 qtr is 36 cents. The last qtr result should see its full financial yr EPS at abt 46 cents (If I take the last qtr results to be similar to its 3rd qtr)

Their IPO prospectus stated their dividend policy is 50% of its profits ie. abt 23 cts per shares.

Most, if not all, retail players who applied during IPO hve sold it back to Lotte at $6.50.

It is my thinking that those institutional funds who were allotted a big chunk of shares fr IPO also sold all the way down to $4.30 n bought it back. They now hold shares at the lowest range of the price.

Deslim

19 posts

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

lctitan has been brought to fbm70 and is reserve list for klci index, time to fly

Junichiro

2,052 posts

Posted by Junichiro > 2017-12-01 10:35 | Report Abuse

The whole IPO debacle is rightly blamed on its principal adviser, Maybank. Lotte achieved super-normal profits in 2016 n used its financial results to come to IPO price at 8.00. But, once normalization comes, Lotte would certainly be unable to repeat the feat.

Maybank should have known abt this but still went on with IPO at $8.00. It means that post IPO, Lotte's price will trend down. By doing so, Maybank spoilted the entire picnic for investors.

Well, that is history. Now, Lotte is likely to achieve normal financial results. If u are looking for super-normal results, u are likely to be disappointed.

If everything goes on smooth, the more optimistic EPS for the whole yr would likely be 50 cents.

pxy1012

20 posts

Posted by pxy1012 > 2017-12-01 10:53 | Report Abuse

http://www.theedgemarkets.com/article/nestle-press-metal-be-added-fbm-klci-list-component-stocks

some positive news: LCTITAN listsed in mid and shariah index, and put under KLCI reserver list. This might attract fund manager to buy

Junichiro

2,052 posts

Posted by Junichiro > 2017-12-01 16:36 | Report Abuse

This big cap Titan is totally halal with prospective eps at 50 cts! Not surprising as syariah funds are short of these stocks to invest.

4444

1,800 posts

Posted by 4444 > 2017-12-02 23:06 | Report Abuse

Oil moving higher and higher. Lotte should be RM 4. No wonders Korean clever to relist this year.

asturay

189 posts

Posted by asturay > 2017-12-04 13:58 | Report Abuse

The edge advised to buy.wait for 5 yrs.huu

poseidon80

1,030 posts

Posted by poseidon80 > 2017-12-05 10:02 | Report Abuse

buyers coming today..changing tide detected... i added more in this reound.. as a TA i think its a good entry sign

theedge

571 posts

Posted by theedge > 2017-12-05 10:16 | Report Abuse

SELL IT!!!

spy008

177 posts

Posted by spy008 > 2017-12-05 12:55 | Report Abuse

... Like yst show, only 30 mins show =.=

theedge

571 posts

Posted by theedge > 2017-12-06 16:47 | Report Abuse

korean suckers

kahsoon888

711 posts

Posted by kahsoon888 > 2017-12-06 22:36 | Report Abuse

But but

7skies

375 posts

Posted by 7skies > 2017-12-07 09:18 | Report Abuse

moving up?? r u for real or not this time LCtitan

kentwoon

1,841 posts

Posted by kentwoon > 2017-12-07 12:27 | Report Abuse

How about TE3, any news on TE3 ,not yet start?

Guardize

216 posts

Posted by Guardize > 2017-12-07 14:12 | Report Abuse

already start. good buy now

spy008

177 posts

Posted by spy008 > 2017-12-07 14:15 | Report Abuse

Repeat the show again -.-

@Guardize, wheres the news about TE3?

kentwoon

1,841 posts

Posted by kentwoon > 2017-12-07 15:06 | Report Abuse

No any announcement for start TE3 ?

Guardize

216 posts

Posted by Guardize > 2017-12-07 20:32 | Report Abuse

sorry it say only start commisioning this quarter . operation not mention

Guardize

216 posts

Posted by Guardize > 2017-12-07 20:34 | Report Abuse

no bullet to topup more. longterm play

Maxireturn

160 posts

Posted by Maxireturn > 2017-12-07 20:50 | Report Abuse

Opportunity to accumulate, has found the bottom, will see strong rebound soon.

Posted by ITreeinvestor > 2017-12-08 11:48 | Report Abuse

TE3 postpone again??

Posted by Eileen Lo Hui Ling > 2017-12-08 13:27 | Report Abuse

No hope counter

kentwoon

1,841 posts

Posted by kentwoon > 2017-12-08 17:00 | Report Abuse

Who buy,who died

Chiwawa

45 posts

Posted by Chiwawa > 2017-12-09 12:35 | Report Abuse

Holding more than 1 yr, dying

Posted by Fabien Extraordinaire > 2017-12-09 20:31 | Report Abuse

If below 4, i would jump in. Enough margin of safety for me to protect any downside risks from earnings.

cheoky

2,823 posts

Posted by cheoky > 2017-12-10 20:15 | Report Abuse

If not below 4 what should one does?

Posted by Fabien Extraordinaire > 2017-12-11 11:29 | Report Abuse

waiting on the sidelines

spy008

177 posts

Posted by spy008 > 2017-12-11 12:43 | Report Abuse

wat is happening again?? ... >_<

kahsoon888

711 posts

Posted by kahsoon888 > 2017-12-11 14:18 | Report Abuse

No worry, take it easy...Just buy to average down

newbie1111

1,842 posts

Posted by newbie1111 > 2017-12-11 15:46 | Report Abuse

bad result coming up? why keep dropping?

Junichiro

2,052 posts

Posted by Junichiro > 2017-12-11 16:04 | Report Abuse

U must have bullets to hold this counter. If yr strategy is to make some hundred bucks n run, it probably won't work.

After its results for 3 qtrs, its eps is 36 cents. It has one more qtr to go. It has the honour of being the cheapest petro chemical stock in Asia.

Last week, I met a friend working in an investment bank. I ask her if her investment bank was caught in this Lotte IPO, She said "yes, a bit". "A bit" means a lot for the retail investor.

It is the institutional funds which prop up many of falling counters e.g. Maxis, Digi (no growth story), IHH (huge forex losses).

And the problem in KLSE is the small retail investor participation in contrast to the active institutional participation. Once the institutional funds do not buy, the shares would drop.

Secrecy

748 posts

Posted by Secrecy > 2017-12-11 16:44 | Report Abuse

Come on , let's punch it until 3, I will all in. Another Heng yuan in future.

ratz

285 posts

Posted by ratz > 2017-12-11 17:40 | Report Abuse

Assuming div distribution of approximately RM450!million, quite a decent yield at current prices.

Posted by Fabien Extraordinaire > 2017-12-11 18:28 | Report Abuse

valuations may seem cheap now but if earnings continue to slide then it may not seem to be the case

ratz

285 posts

Posted by ratz > 2017-12-11 19:29 | Report Abuse

9-month net profit is already RM686 million. Final qtr shld be able to match 3rd qtr profit or better. Hence, RM900 milion net profit for the yr within range. Hence,their declared 50% div payout should come to abt RM450 million. At current prices or if it drfit even lower, it quite attractive. It should now be a buying opportunity and ride on the fundamentals.

kahsoon888

711 posts

Posted by kahsoon888 > 2017-12-11 20:16 | Report Abuse

Rate, you sure 50 % will distribute

ratz

285 posts

Posted by ratz > 2017-12-11 20:35 | Report Abuse

Pls read their IPO prospectus

Posted by Fabien Extraordinaire > 2017-12-11 22:43 | Report Abuse

what is ur basis to think their 4th qtr able to match 3rd or better?

since listed, there has always been surprises to their earnings, water disruption, unplanned shutdown etc etc

kahsoon888

711 posts

Posted by kahsoon888 > 2017-12-11 22:49 | Report Abuse

Ratz, let said 450 million dividend, how much dividend per share?

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