Posted by Kpin Yeoh > 2018-03-15 16:15 | Report Abuse

30th April.
I added some at 6.20 and wait until the Q result by end of April.

Posted by enning22 > 2018-03-15 16:28 | Report Abuse

today we saw weak market sentiment , still there are strong support , and once congestion phase is over , price will test last high.

Posted by kelvin_ik4u > 2018-03-15 16:34 | Report Abuse

I believe for LCTITAN this is a good time for share accumulation mode.
ASP price for petrochemical is in actual increasing now since early Feb'18, ard 5%~8% increase across all petrochemical products due to tight supply vs global demand in the market.

Based on my estimate calculation, combine both TE3 & new PP3 plant's total prouduction output capacity, it will bring additional 40% ~ 50% on top of current production capacity. This is a huge gain growth for LCTITAN for whole year 2018. Beside that, since early Feb'18 till Mar 15th, current feedstock Naphtha market price is stable within USD$ 500 ~ $550 range due to oil price expect to stay firm within $55 to $65 range.

From here, you may calculate & do the maths as of how far this LCTITAN can grow in 2018 from current share price to end 2018 time fame, if you aim for long term gain return.

Posted by spy008 > 2018-03-15 16:40 | Report Abuse

@kelvin, mind to share where do you get the info of ASP for petrochem raise 5%-8% since early Feb2018?

Posted by SamuelLuke > 2018-03-15 17:10 | Report Abuse

Thanks for kelvin sharing,

Posted by kelvin_ik4u > 2018-03-15 19:36 | Report Abuse

@spy008, I just can tell is happening. medium term, ASP price goes up now due to global shortage.

Posted by newbie92 > 2018-03-15 22:29 | Report Abuse

Too many IPO holder wanna sell at RM6.5....how to break RM6.50?

Posted by enning22 > 2018-03-15 23:51 | Report Abuse

TE3 commences production by June ,price looks to me will be at least rm6.50 or above ,by that time.

Posted by Kpin Yeoh > 2018-03-16 09:28 | Report Abuse

newbie92, LCtitan management had buyback large amount back during the IPO and market floating share are ard 24% and mainly hold by investment bank. Recent price appreciate could be due to fund are start to collect. Need no worry about the retailer investor, most of them can hold until now will continue to hold for long term.

Posted by Kpin Yeoh > 2018-03-16 09:33 | Report Abuse

As this counter is high potential, that is why I do not see any new call warrant come out from the market. This could be the symptoms of something big is going to happen to this counter.

Posted by KML889 > 2018-03-16 10:57 | Report Abuse

Very low volume today and still holding upward strenght. Good sign indeed

Posted by bc8660 > 2018-03-16 14:54 | Report Abuse

More peaceful here as compared to HRC, hopefully here people are the more genuine investor...the sleeping giant would wake up soon.

Posted by Ntpboon > 2018-03-16 15:24 | Report Abuse

乐翻天！

Posted by kennyyap1962 > 2018-03-16 15:44 | Report Abuse

Got buyer now why u holdng 100 lot please sell small lot lower down 1/2 bit would not get u poorr !!!

Posted by Wei Wong > 2018-03-16 15:46 | Report Abuse

If above 6.50 sure many people want to run .. trap so long edi .. right ??

Posted by ratz > 2018-03-16 15:53 | Report Abuse

Good momentum. A matter of time....

Posted by ivy88 > 2018-03-16 16:18 | Report Abuse

Daily volume Buy and sell is healthy, as long as business growth & macro economy is intact. Be patience & win the race.

Posted by hopper66 > 2018-03-16 16:54 | Report Abuse

sudden drop

Posted by Addison > 2018-03-16 16:55 | Report Abuse

congrats to whoever who believe in this counter! HAHAHAHAHA

Posted by Wei Wong > 2018-03-16 17:24 | Report Abuse

Wah lucky out abit ..

Posted by alone > 2018-03-16 18:44 | Report Abuse

Just wait until warrant expired..

Posted by Ratman > 2018-03-16 19:54 | Report Abuse

I realise price in this counter is very much stable compare to some other counters.. May be ppl holding tbis couter hv the intention of holding long term .

Posted by abrahamseed > 2018-03-16 21:01 | Report Abuse

Yes absolutely correct. But price artificially depressed later today. Transfer of shares between operators. Their costs now 6.20 as a platform for next push towards 7.30 - 6.50 resistance will breakthrough next week !!!

Posted by newbie92 > 2018-03-16 21:39 | Report Abuse

Will Lctitan become next Pmetal, spike high after included as KLCI stock.

Posted by Kpin Yeoh > 2018-03-16 22:18 | Report Abuse

the call warrant transaction is very high recently, normal retailer will not take such risk to buy at this time. Most probably the issuer collect back all outstanding CW at steep discount while protect their profit if sudden price hike after announce quarter result.
I will never buy call warrant as this is manipulate by operators. But i do add some LCtitan stock when price at discount like today. I will keep buying as long as i have spare money.

Posted by Kpin Yeoh > 2018-03-16 22:19 | Report Abuse

As Jordan Beaufort said the only problem you going to have is not buying enough.

Posted by Ratman > 2018-03-16 22:35 | Report Abuse

Why today price from 6.30 straight down to 6.19?

Posted by Ratman > 2018-03-16 22:36 | Report Abuse

Is it worth to buy at6.30 In order to get dividend 24sens , pls commend . Tq

Posted by abrahamseed > 2018-03-16 22:58 | Report Abuse

Yes it is if we take a long term view. Get dividend plus capital appreciation. LC Titan fair value 10.00

Posted by Maxigain > 2018-03-16 23:28 | Report Abuse

Today is quarterly closing activity. Many stocks closed lower or higher with high volume in last minute. It will rebound on Monday.

Posted by kelvin_ik4u > 2018-03-16 23:37 | Report Abuse

I don't know why people so fear of the 6.50 share price level. This company have no debts, undervalued, upcoming TE3 & PP3 production output with additional >40% capacity up, efficiency normalized back to >90% soon, stable raw naptha price, ASP price readjust higher, tight supply Vs demand. What more you all worry about? Just a matter of timing only it will break and exceed 6.50 level.

We just hope next 1Q18 EPS Qtr result is within 20sen, Lctitan's mgmt as to deliver it, then it will fly exceed 7.00 immediately. If even worst case scenario, it 1Q18 result same as 4Q17, it still PE 10 value. It still cheap for a growth company with macro economics benefit to this petrochemical sector now.

Posted by Ratman > 2018-03-17 19:09 | Report Abuse

Abrahamseed, thank u for ur explsination.

Posted by hwings > 2018-03-18 15:55 | Report Abuse

Why suddenly drop so much a??

Posted by traderman > 2018-03-18 16:04 | Report Abuse

up non stop from 4.8.

Posted by trulyinvest > 2018-03-18 18:35 | Report Abuse

Contra gain.. bought 616 sold 637. Thx. Tomorow drop, buy back. Kikiki

Posted by spy008 > 2018-03-18 21:28 | Report Abuse

For those who can read chinese can come to read my writeup for LCtitan.

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=37883&extra=

Posted by SamuelLuke > 2018-03-19 08:53 | Report Abuse

Fantastic !!! Going to Rm7 this week??

Posted by cstrader > 2018-03-19 09:17 | Report Abuse

Yes believe so. Buyer very cautious because some operators want to depress shares to collect. Long term value still 10.00 and if cross this resistance will head towards 13.00 but likely end 2018.

Posted by cstrader > 2018-03-19 09:30 | Report Abuse

This week will likely sail through 6.50 ...

Posted by cheoky > 2018-03-19 09:31 | Report Abuse

https://www.platts.com/videos/2018/february/snapshot-asia-polymers-olefins-h1-outlook

Posted by Abismail > 2018-03-19 12:08 | Report Abuse

http://www.theedgemarkets.com/article/defensive-stocks-rush-trims-yield

Posted by trulyinvest > 2018-03-19 13:55 | Report Abuse

very soon wil pass thru 6.50.. go go go

Posted by abrahamseed > 2018-03-19 13:56 | Report Abuse

Collect before fund managers promote. By then it’s time to exit.

Posted by Kpin Yeoh > 2018-03-19 14:19 | Report Abuse

Addison, you have any comment or you still want to congrad to ppl in this blog?

Posted by ivan9511 > 2018-03-19 14:33 | Report Abuse

yes still continue upppppppppppppppppppppp
yes sure upppppppppppppppppppppppppppppppppppppppppppppppppp

Posted by abrahamseed > 2018-03-19 15:20 | Report Abuse

And no funds will sell in an uninterrupted uptrend. Also, small volume. Until like Heng Yuan reach RM 8 then everybody chase. Then promoters will be swarming for a killing. BUY now low downside risk. ALL upside.

Posted by trulyinvest > 2018-03-19 15:32 | Report Abuse

once break 6.40, easily go thru 6.50

Posted by asturay > 2018-03-19 15:37 | Report Abuse

Watchup someone throw 6.19

Posted by enning22 > 2018-03-19 15:49 | Report Abuse

LCTITAN is much better then HengYuan refinary,which is controlled by Chinamen ,who is so stingy,give only 2 sen dividend, while Lctitan declared 23 sen .

Posted by Infinite > 2018-03-19 17:42 | Report Abuse

that is different between blue chip and red chip