Posted by trulyinvest > 2018-03-13 14:23 | Report Abuse

luckily no call warant... all ppl fuly concentrate on mother share

Posted by hopper66 > 2018-03-13 14:23 | Report Abuse

reaching the climax 6.5 will we see a big cum off ? or will it hold stiff and hard until ex-date ? ?

Posted by SamuelLuke > 2018-03-13 14:40 | Report Abuse

6.5 is the jpo price it should hold from my perspective as for 6.5 still consider low for this counter. International company like this to be trade below PE 10x is not logic. Somemore this counter is under Lotte group. U guys do ur own measurement.!My Tp for short term rm8.5, long term aka two yrs RM12

Posted by hopper66 > 2018-03-13 14:46 | Report Abuse

after HY no one should ever believe anything in PE ESP sheet crack n acronym in general. NOTHING BUT LIESS ALL OF THEM

Posted by SamuelLuke > 2018-03-13 15:29 | Report Abuse

Don't believe, then what do you believe? When you are not discipline to technical, not believing in fundamental else what do u believe? Fundamental Lctitan is good cash rich, technically it's share price below jpo and it was a discounted iPo price rm 6.5 .... So la hahaha Don't wanna buy now when buy la??

Posted by spy008 > 2018-03-13 15:34 | Report Abuse

The different between Lotte & Hengyuan except their business nature:

1) Lotte is 2nd company that holding the most cash in KLSE. [+3.6 bil]
2) Hengyuan is one of the company that having most debt [-2.2 bil]

Posted by spy008 > 2018-03-13 15:39 | Report Abuse

In the last quarters,

1) Lotte's cash flow from operation = positive 300mil+ from 3Q -> 4Q
2) HengYuan cash flow from operation = negative 200mil+ from 3Q -> 4Q.

Posted by Alex™ > 2018-03-13 15:40 | Report Abuse

wah, nearly comee back to RM6.50 IPO price, still can buy?

Posted by kelvin_ik4u > 2018-03-13 16:00 | Report Abuse

FYI, share from Maybank analyst report - why market expect High demand for petrochemical sector for 1Q18

4Q17 was good as expected:
---------------------------------------
Both PCHEM and LCT had a good 4Q17, which was expected. Both management teams guide that market demand is strong coupled with tight supply in the near term. Furthermore, higher crude oil price is pushing for higher petrochemical prices. To surmise, we can expect a strong upcoming 1Q18. Stay invested, as both PCHEM and LCT are pushing maximum factory utilization and the results could potentially surprise positively.

LCT product volumes should improve materially in 2018 as all of its plants are on-line with no major scheduled shutdowns.

1Q18 is looking exceptionally strong because:
----------------------------------------------------------------
1) many petrochemical producers in the Middle East are undergoing prolonged shutdowns, hence
tightening global supply;
2) China producers were stocking-up ahead of CNY;
3) China government’s air pollution curb has led to the closure of many local producers that utilize older technology, thus forcing substitution via imports.

Prices of all the major petrochemicals have thus far risen in 2018 and the latest Global PMI is in firm growth territory. The petrochemicals sector is currently in a sweet spot. Strong industry
demand and tight supply are fueling healthy margins.

China is throwing a curveball at the industry
------------------------------------------------------------
The Chinese government has implemented several regulations that have significantly impacted its manufacturing sector, and also the demand-supply balance for raw materials globally.

China accelerates pollution campaign:
In Sep 2017, the government launched a five-month campaign in 28 northern cities to improve air quality during the winter months. In addition, 72 coal-fired electricity plants were closed, along with 44,000 small coal-fired furnaces. The message from the government was that it will only tolerate modern technologies that comply with high emission standards. Many production facilities have closed temporarily in order to upgrade their infrastructure whilst others have closed down permanently.

China bans recycled plastics:
China has banned the importation of scrap plastic and recycled polyethylene effective 1 Jan 2018. This has taken the global petrochemical industry by surprise as many had doubted China’s genuineness to do so, as waste plastic imports is a major raw material for many of its industries. In 2016, China imported 7.3m tonnes of waste plastic which makes up 56% of world imports. All this scrap plastic exclusion will likely be replaced with virgin supply, thus suggesting basic petrochemical prices will stay firm.

Risk or Downside to petrochemical (LCTITAN):
-----------------------------------------------
1) Sudden collapse in petrochemical spreads or extreme volatility may have an adverse impact on earnings.

2) Unscheduled factory shutdowns that could materially reduce utilisation rates and product volumes.

3) Naphtha prices rises much faster as compared the rise in petrochemical prices.

Naphtha price / feedstock raw material volatility, tied to Oil price fluctuation, however LCTITAN's mgmt. guiides that production volumes have improved to historical levels as they are able to ramp-up production rates smoothly post the turnaround of their naphtha crackers.

Maybank analyst forecast that 2018 utilisation rate to be at >90% levels (2017: 73%) and this will boost strong volume growth on a YoY basis. This should mitigate some of the impact of higher
naphtha cost in the period.

Value Proposition (LCTITAN):
--------------------------
1) Malaysia’s largest integrated polyolefin manufacturer and ASEAN’s fourth largest; Indonesia’s largest polyethylene manufacturer.

2) Ambitious but realistic expansion plans to grow its nameplate capacity by 73% in the next five years via a combination of greenfield and brownfield projects.

3) Significant barriers to entry for potential competitors due to regulatory hurdles, capital intensity and technological know-how.

4) One of the lowest cost naphtha based petrochemical producers in the world, by estimate.

5) Global PMI firmly in expansion territory and tight supply demand dynamics suggest product spreads


LCTITAN set to 'BUY', cheapest ASEAN based petrochemical
---------------------------------------------------------------------------------
Unchanged earnings forecasts have imputed Our unchanged earnings forecasts have imputed for 90% average capacity utilisation in 2018 (2017: 73%) and flat YoY blended ASPs. At the current
share price, LCT is the cheapest Asian petrochemicals based on EV/EBITDA and P/BV measures. Coupled with respectable dividend yields, we advocate accumulating LCT shares. LCT has proposed a final 23sen DPS for 2017 which translates into an immediate 4% yield.

Posted by Wei Wong > 2018-03-13 16:00 | Report Abuse

Up lagi up lagi up up up !! Haha later can Hari Raya !!

Posted by enning22 > 2018-03-13 16:36 | Report Abuse

testing the critical 6.50 resistant mark, if break out with ease ,then would enter uncharted region.

Posted by SamuelLuke > 2018-03-13 16:37 | Report Abuse

It's uptrend no doubt anything below Rm 7 is safe! So no worry keep trading.

Posted by Abismail > 2018-03-13 17:36 | Report Abuse

Haha

Posted by Abismail > 2018-03-13 17:45 | Report Abuse

U better buy first...

Posted by enning22 > 2018-03-13 18:43 | Report Abuse

uncle koon got jam in JAKS.he may not come in.

Posted by hopper66 > 2018-03-13 18:46 | Report Abuse

Najib ban his margin account hahaha

Posted by abrahamseed > 2018-03-13 20:20 | Report Abuse

It will sail through 6.80 this week. Next week 7 platforms.

Posted by Marcus Tan > 2018-03-13 22:35 | Report Abuse

wtf how come the call warrant no move at all? when mother share at 5.6-5.7 the cg lay at 0.05sen, now mother in 6.45, still lay around same price...

Posted by Abismail > 2018-03-13 22:42 | Report Abuse

Mau expire dah la...

Posted by trulyinvest > 2018-03-14 07:20 | Report Abuse

Kikiki.. no call warant kacau.. ppl all buy mother shares saje. Good

Posted by SamuelLuke > 2018-03-14 09:45 | Report Abuse

Those have not come in today might be your last chance in this quarter guys

Posted by Ratman > 2018-03-14 10:33 | Report Abuse

Why today price drop so
Much

Posted by SamuelLuke > 2018-03-14 10:37 | Report Abuse

Technical adjustment, it reaches rsi over bought island. The volume is not much proven of my saying. Guys buy on weakness, this counter will go for a new high. Buy keep and wait for dividend!

Posted by Ratman > 2018-03-14 10:39 | Report Abuse

Dividend need to cut off tax , is it?

Posted by ratz > 2018-03-14 10:41 | Report Abuse

Single tier dividend. Already nett of tax.

Posted by Kpin Yeoh > 2018-03-14 10:42 | Report Abuse

Hi Ratman, you will get the full amount of 23 cent per share as per declare.

Posted by SamuelLuke > 2018-03-14 10:46 | Report Abuse

A healthy adjustment, it will reach rm 7 by end this month!

Posted by Kpin Yeoh > 2018-03-14 10:47 | Report Abuse

After weeks of going up, this is what we expect to have minor consolidation to flush out the short term speculator or take profit. I admit I am not that smart to always sell at highest and buyback at the consolidate price, so I prefer to keep buy in at the period during consolidate or profit taking.
Again we are talking about big picture, if the business is growth with good fundamental and healthy balance sheet why should we concern about this small profit. Follow Warren buffet way to become long term investor to grab Huge Profit.

Posted by Kpin Yeoh > 2018-03-14 10:50 | Report Abuse

I am following both Hng33 and kelvin_ik4u, both 2 investor exhibit a very different method of investing. I tracking all the buy and sell and find out one have huge profit (more than 25%) with minimal trade while another have have multiple trace performed in a week but probably less then 3% or even encounter losses in each trade.
Do judge who should you follow and who you want to be.

Posted by SamuelLuke > 2018-03-14 11:03 | Report Abuse

Very much agree, I am buying in 6.3 matched!!! Hold it for 2yrs at least!

Posted by ivy88 > 2018-03-14 11:11 | Report Abuse

Agreed. This entire petrochemical industry sector is on high demand boost, grow an average of GAGR 6.8% annually till end 2020. Not to mention, with China demand pick up, this business sector can growth even higher in 2018.

For counter selection, I do believe this LCTITAN is way undervalue vs other related petrochemical counter, some more below IPO price RM6.50. Some more it's TE3 plant already start kick start commence operation on 16th Dec 2017, delivery additional 30% total production output. With coming normalized efficiency back to >90% in 1Q18, this will further enhance it output delivery for 1Q18 Quarter result earning. Also in 2H18, another PP3 plant will up and commerce, going to add 200,000 tonne of Polypropylene output.

Previously LCTITAN drop due to One-time deal unexpected incident issue, beyond LCTITAN mgmt. control. This is a great Opportunity to accumulate it as most analyst prediction expect to hit RM7.50 to RM8.50 if based on PE 10 value. In term of business growth and stock appreciation, I believe this is a good counter for 2018 assume LCTITAN mgt able to deliver consistent gradual growth of ~RM400mil quarter earning for 2018.

Posted by SamuelLuke > 2018-03-14 11:23 | Report Abuse

SamuelLuke In addition, and most importantly for investor. LCtitan is now with market cap 14billions plus plus, add maybe another 5 billions you will be able to it become a index counter!!! Once it become a index counter..... Oh I can't imagine... So do your long term investment now!!!
14/03/2018 11:21

Posted by SamuelLuke > 2018-03-14 11:32 | Report Abuse

Once rm8.5 hit, LCtitan most probably a index counter!

Posted by ialatif > 2018-03-14 12:21 | Report Abuse

today lct takes breather so those who miss can collect

Posted by Ratman > 2018-03-14 12:50 | Report Abuse

@Ratz & Kpin Yeoh, thanks for your info.

Posted by abrahamseed > 2018-03-14 18:12 | Report Abuse

Yes it's just a breather after a long ascend. Breather. This week back up.

Posted by CAF-POW > 2018-03-14 18:24 | Report Abuse

SamuelLuke, what is the process to be included in Index? Is it done quarterly, annually ...? It's not automatically, right ....

Posted by trulyinvest > 2018-03-14 19:47 | Report Abuse

Die die,must stay,above rm6

Posted by newbie911 > 2018-03-14 23:18 | Report Abuse

Party is over?

Posted by trulyinvest > 2018-03-15 07:27 | Report Abuse

Is general election a concern to lctitan?

Posted by spy008 > 2018-03-15 08:58 | Report Abuse

To be included into KLCI index, one must..

1) Big Cap
2) Financial/Fundamental looks good (no lose money quarter)
3) Got Free float (15%) & Good liquidity (10% annual turnover of free float shares), *important criteria*
4) * Share price stable/keep up.

It is revised semi-annually.

http://www.bursamalaysia.com/misc/products_services_Indices_Presentation_FBM-KLCI_060709.pdf

Posted by SamuelLuke > 2018-03-15 09:03 | Report Abuse

Thanks spy008 for helping the answer yup, to add on LCtitan is at 14billions market capital, it should within the top biggest 30~35 big cap, I would say LCTitan has high chance to become a index counter.

Posted by SamuelLuke > 2018-03-15 09:06 | Report Abuse

1. MAYBANK (1155) 113b
2. PBBANK (1295) 88b
3. TENAGA (5347)  87b
4. CIMB (1023) 64b
5. PCHEM (5183) 63b
6. IHH (5225) 49b
7. AXIATA (6888) 49b
8. MAXIS (6012)  46b
9. HLBANK (5819) 37b
10. SIMEPLT(5285) 37b
11. DIGI (6947) 36b
12. GENTING (3182) 34b
13. PETGAS (6033) 34b
14. NESTLE (4707)  34b
15. IOICORP (1961) 30b
16.  MISC (3816) 30b
17. GENM (4715)  29b
18. KLK (2445)    27亿
19. PETDAG (5681) 24b
20. HAPSENG (3034)  23b
21. PPB (4065)  21b
22. HLFG (1082) 21b
23. TM (4863)  21b
24. PMETAL (8869) 19b
25. SIME (4197) 17b

Posted by trulyinvest > 2018-03-15 09:49 | Report Abuse

add 6.16

Posted by Ekkram > 2018-03-15 10:52 | Report Abuse

Anybody can shout loud fly to 6.50, 7.50, 8.50, 9.50..
they just does not want to understand 6.50 at high resistant

Posted by SamuelLuke > 2018-03-15 11:05 | Report Abuse

So??? Ekkram what is your suggestion???

Posted by ialatif > 2018-03-15 11:32 | Report Abuse

yeah agree samuel what is ekkram fundamental valuation of LC titan

Posted by Kpin Yeoh > 2018-03-15 13:36 | Report Abuse

At above 6.50 level, the call warrant able to exercise for some premium. To full redeem all those call warrant by the issuer bank, LCtitan have to trade at below 6.50 or even 6.49 those call warrant will worth nothing.

Posted by Wei Wong > 2018-03-15 15:27 | Report Abuse

most likely will drop then up back
I sell abit first .. go matta fair tomorrow .. haha

Posted by smartrade > 2018-03-15 15:32 | Report Abuse

when is the due date for
call warrant ?