Posted by stockintalk > 2018-01-10 15:31 | Report Abuse

End of Jan 2018, kentwoon.

Posted by stockintalk > 2018-01-10 15:56 | Report Abuse

2018财政年盈利超劲的！

Posted by christophertopher > 2018-01-10 17:28 | Report Abuse

Once The Fourth Quarter Result announce,
We will see real UPDATE cover research report of LCTITAN.
I personally expect LCTITAN 4th et Profit will increase around 25%-40% compare to the 3rd Net Profit.
Thx you.

Posted by christophertopher > 2018-01-10 17:30 | Report Abuse

Not only that, company policy dividend payment of 50% of EPS.
(This point I dint mention and dint counted in Prospects of LCTITAN in 2018.

Posted by wenlijianqinyun79 > 2018-01-10 22:05 | Report Abuse

The third quarter report was announced on 26 OCTOBER 2017.
So, forecast in all of us that Coming Fourth quarter report will be announce on 26 JANUARY 2018.
Today 10.01.2018, still have 12 market days to go to wait for Fourth Quarter.

Posted by wenlijianqinyun79 > 2018-01-10 22:12 | Report Abuse

打死我都不相信第四业绩盈利不会超过RM230 mil.
要是如果真的接近/超过RM300 mil 盈利， 那么接下来的1st, 2nd, 3rd and 4th Quarters of FINANCIAL YEAR 2018 股东们就不需再怀疑LCTITAN 的业绩表现。2018年目标价上面已经提过了，相信我们大家不需再多讲了。
谢谢！

Posted by wenlijianqinyun79 > 2018-01-10 22:15 | Report Abuse

一些很爱在鸡蛋挑骨头的人，就让他/她继续吧。

Posted by wenlijianqinyun79 > 2018-01-10 22:17 | Report Abuse

Like Christopher said, after the fourth qr. report, research houses will update LCTITAN in Fy2018-Fy2019-Fy2020.

Posted by asturay > 2018-01-11 08:06 | Report Abuse

No hope.morgan downgrade target to 5.70

Posted by apprentice > 2018-01-11 08:29 | Report Abuse

5.70 is still more than 10% higher than closing price of 5.10. At least they did not downgrade to 5.00 or less

Posted by SamuelLuke > 2018-01-11 08:49 | Report Abuse

Jpmorgan and their fund applicant could have loss a lot from IPO at 8 foreign fun, then here rm 6. So now is 5.1...... Hahaha if price down I tambah more

Posted by wenlijianqinyun79 > 2018-01-11 09:03 | Report Abuse

Research house 1.
https://www.google.com/amp/www.enanyang.my/news/20171028/乐天大腾化学今年料派息50/amp/

Research house 2
https://www.google.com/amp/www.enanyang.my/news/20171005/乐天大腾化学br-停工令影响微/amp/

Morgan 别有目的因自从去年发生的事情至今天，还没获得Research house 对LCTITAN 都盈利表现，毕竟第四业绩还没公布。
TP rm5.70 看来Morgan 是担心Lctitan 业绩除了后买不到rm5.70以下。
除了Morgan 评级:Hold (持有）,其他的Research houses 评级都是买入。

还有一点，本人怀疑Morgan 业绩不全面，完全不像OTHER RESEARCH HOUSES 的报告，因他们带有分析，预测，推断，判断及各方面原因讲解。
最可相信是:
1.Cimb
2.Rhb
3.Ambank.
4.PB.
其他的私人research house 没什么专业，因大部分都被大集团（Cimb, Rhb, Ambank, PB) 聘请当分析员。

Posted by SamuelLuke > 2018-01-11 09:57 | Report Abuse

聪明! 分三批买进. 现在买, QTR出了买, 和下次QTR出了再加.!! 大多数过RM6.5

Posted by christophertopher > 2018-01-11 10:41 | Report Abuse

非常期待着第四业绩出炉。

Posted by Investeye > 2018-01-11 17:05 | Report Abuse

Price getting attractive..

Posted by longtermvaluegain > 2018-01-11 17:29 | Report Abuse

YES! simply because KLSE under corrention mode.
BUY GREAT TA STOCK.

Posted by SamuelLuke > 2018-01-12 09:11 | Report Abuse

Once QTR 4 is out analyst will give it a new TP, earning could go more than 50%. A very good counter!

Posted by Thelastone > 2018-01-12 15:22 | Report Abuse

According to ChemOrbis,price for PP,HDPE and PET already in uptrend since last week of December 2017.Price for LDPE still downtrend could be due to competition and lots of old stocks.Once the demand outpace supply,LDPE price will follow to go up!

Posted by Thelastone > 2018-01-12 15:44 | Report Abuse

China Sets New Records for Gobbling Up the World’s Commodities
https://www.bloomberg.com/news/articles/2018-01-12/world-s-commodity-engine-roars-to-another-record-with-xi-at-helm

Posted by cruger12345 > 2018-01-13 16:52 | Report Abuse

SamuelLuke. what do you mean by that ? could you share the link ?

Posted by apprentice > 2018-01-13 17:13 | Report Abuse

I dont think he understands the meaning of 'Capital Reduction'

Posted by SamuelLuke > 2018-01-13 17:25 | Report Abuse

Oops wrong company Hahahaha.

Posted by stockintalk > 2018-01-13 18:20 | Report Abuse

http://www.theedgemarkets.com/article/riding-malaysias-export-heroes

Posted by kentwoon > 2018-01-15 18:27 | Report Abuse

Just be careful,conman counter

Posted by stockintalk > 2018-01-15 21:08 | Report Abuse

50%dividen menanti anda.

Posted by Victor Yen > 2018-01-15 21:52 | Report Abuse

What if this is a conman counter like kentwoon said ?

Posted by KISSinvest > 2018-01-15 23:55 | Report Abuse

Two possible scenarios: 1. if the mgmt distributes 50% of 2017NP as promise, the share price skyrovkets 2. otherwise, the share price plunges ahain

Posted by Victor Yen > 2018-01-16 08:52 | Report Abuse

Hmmmmmm.......Playing dice now hahahaha

Posted by SamuelLuke > 2018-01-16 08:54 | Report Abuse

This is confirmed not a conman counter, my factory is nearby I know their story, the water supply issue is real, their strong cAsh power is real, and te3 running is real too... How could 50%dividend not real?

Posted by apprentice > 2018-01-16 08:59 | Report Abuse

kent woon dont even know when will the qtr report be out but he knows its a conman counter. Typical Malaysian 'investor'.

Open mouth before engaging brain.

Posted by Victor Yen > 2018-01-16 09:27 | Report Abuse

Hopefully I can get some gain for school fees

Posted by billionchew > 2018-01-16 09:47 | Report Abuse

Kentwood, 你讲话必须要有事实根据，不能空谈和瞎猜，不然你本身就是conman了。

Posted by enning22 > 2018-01-16 10:19 | Report Abuse

低端人士，必然喜欢“顺口开河”

Posted by spy008 > 2018-01-16 11:05 | Report Abuse

Btw, I think...

1) Even they distribute the dividend, not sure if the share price will sky rocket... cause it is anticipated by investor already.

2) Although LCtitan has strong cash flow, but i think they are actually still "short of cash" due to planned mega-expansion in Indonesia in the coming few years. Also, their fund raising in IPO was below expectation. Hence, high possibilities that they will need to right-issue (probably 2-3 years later?) for the expansion in Indonesia.


NOTE: I do own LCTITAN. =/

Posted by Victor Yen > 2018-01-16 11:12 | Report Abuse

Spy....your comment is quite fair..need caution

Posted by Biker2b > 2018-01-16 11:18 | Report Abuse

First full year report card in Bursa after relisting. First dividend payout after few hiccups. What will you do if you were LCTITAN's board of directors ?
A) Another trust deficit. Not keeping the promise to distribute 50% of profit as dividend
B) As expected. Keeping the promise to distribute 50% of profit as dividend
C) Regain investors' confidence. Maximize profit payout >50% as dividend

Posted by WarrenBuffalo > 2018-01-16 15:35 | Report Abuse

Don't expect 50% payout at Q4 as part of the dividend paid in 1st quarter to initial investor. Anyway, dividend payout is a sure for management due to their strong cash flow and huge cash available on hand. Fund for PP3 project only required on late 2018 or 2019, thus company have no any problem on giving out dividend.

Posted by billionchew > 2018-01-16 15:52 | Report Abuse

WarenBuffalo, can you let us know how much dividend had given on Q1?

Posted by WarrenBuffalo > 2018-01-16 16:00 | Report Abuse

For Q4 financial result wise, we don't expect extraordinary result, result will be the same or little bit better than Q3, due to increase in production cost and TE3 just commercial on 16-Dec-2018.

However, 2018 will surely a great year for LCTITAN, with crude oil price increased brought Ringgit appreciate against USD. This company production cost is in USD, but product selling price is mainly in RM and IDR, this increase in RM and IDR will benefit to company.

Moreover, thanks to TE3 project commercial on Dec, company production rate and utilization rate will increase significantly. In petrochemical industry, these 2 rates determine how high the profit will be.

Naptha price very related to crude oil price, so Increase in crude oil price causing naptha price to increase. In LCTITAN, around 70%+ product material is from naptha, thus increase in naptha price will cause profit margin to decrease. However, following increase in naphtha price, we found that product price increased as well. This reduced the impact of price increased in naptha.

With above situation, in overall, we think that 2018 is surely a good year for LCTITAN.

Believe it or not, this company real value will reflect in its share price from time to time. With steady income and dividend, this can consider a huge black pearl under the sea, just need time to discover.

Posted by spy008 > 2018-01-17 13:27 | Report Abuse

I personally hope that the net profit for Q4 shall lies between 280 - 320mil....Might disappoint if unable to hit the target.

All scheduled maintenance are done on Q3, Q4 shall achieve high ultilisation rate (excluding TE3); hence the net profit shall match/not far off from previous year's profit.

Posted by spy008 > 2018-01-17 13:44 | Report Abuse

LCTitan's capacity share in 2016 as follows:

a) 53% capacity share in polyethylene production and 100% capacity share in polypropylene in Malaysia;

b) 57% capacity share in polyethylene production in Indonesia.

c) Fourth largest producer of polyolefin products in Southeast Asia by production capacity, with a 42% capacity share in olefins production in Malaysia and 29% capacity share in polyolefin production in Indonesia

d) Sole producer of butadiene in Malaysia with a 100% capacity share in butadiene production.

Posted by spy008 > 2018-01-17 13:47 | Report Abuse

LCTitan's incremeent of production capacity by 1H 2018 (upon completion of TE3 & PP3 Project):

a) For ethylene, by 13.3% from 700 KTA to 793 KTA;

b) For propylene, by 44.9% from 379 KTA to 549 KTA (subject to market condition)

c) For BTX, by 86.5% from 155 KTA to 289 KTA;

d) For polypropylene, by 45.5% from 440 KTA to 640 KTA.

Posted by Biker2b > 2018-01-17 14:47 | Report Abuse

@WarrenBuffalo & @Spy008 & others. Thx for your constructive sharing.

Posted by Biker2b > 2018-01-17 16:11 | Report Abuse

@billionchew, from their latest quarterly report, accumulated of RM120 mil dividend was paid out earlier this year which translate into 6.95 cents per share

Posted by Victor Yen > 2018-01-17 16:36 | Report Abuse

Did the paid out dividend in 2018 ?

Posted by Biker2b > 2018-01-17 16:43 | Report Abuse

*correction - I was referring to financial year. It was paid out and reported in Q2FY17.

Posted by Victor Yen > 2018-01-18 08:04 | Report Abuse

Thx

Posted by Victor Yen > 2018-01-18 08:05 | Report Abuse

Waiting for next announcement

Posted by ITreeinvestor > 2018-01-18 08:39 | Report Abuse

Well said warrenbuffalo. Agree with your analysis,Q4 will not have any surprise on earning but it will shine in 2018.

Posted by Victor Yen > 2018-01-19 12:58 | Report Abuse

So year on year 2017 is definitely better than 2016 and dividend should be higher than 6.95 send