LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.15

Today's Change

-0.01 (0.86%)

Day's Change

1.15 - 1.17

Trading Volume

683,800


17 people like this.

12,723 comment(s). Last comment by jinxstock20 1 day ago

ivy88_

61 posts

Posted by ivy88_ > 2018-04-26 14:54 | Report Abuse

Good time to accumulate share when it still low and undervalued for this period of time. :)

Thelastone

276 posts

Posted by Thelastone > 2018-04-26 16:09 | Report Abuse

Buy lah!Company executive VP after AGM already said as long as supply is tight and demand is strong the profit margin will be good.Short of standing up to announce loudly that profit and eps is great for 1q18!

enning22

2,887 posts

Posted by enning22 > 2018-04-26 16:18 | Report Abuse

Best stock to find in town.where else to look for good investment,for me basket full already.

CAF-POW

202 posts

Posted by CAF-POW > 2018-04-26 16:55 | Report Abuse

calculation for warrant is based on price of 5 days VWAP prior to expiry normally, at this point mother price movement won't have much effect unless there's huge volume transaction above 6.50. Anyway, based on the positive AGM reporting by Mr Kelvin, indeed this will be good to keep for 2018 or even longer.

Too bad for CG holders ... it will expires out of money. Bye bye to your cash .....many have pointed out the risk earlier ...

Victor Yen

138 posts

Posted by Victor Yen > 2018-04-26 20:08 | Report Abuse

Bought 5lot at 6.16 today and afternoon it just rush above 6.30 level haiyah

Posted by Hock Wei Tan > 2018-04-26 21:16 | Report Abuse

Stay tune. Tomorrow rocket

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-04-26 21:18 | Report Abuse

Victor really haiyah.... cheh
http://eas.taonline.com.my/eas/dailybrief/res/mon/d-brief.pdf

TA TP 7.6 .... check yourself happy trading bros n sis!

ratz

285 posts

Posted by ratz > 2018-04-26 23:20 | Report Abuse

Qtrl 1 report out tomorrow? RM400 nett million profit possible?

kenlee

2,808 posts

Posted by kenlee > 2018-04-26 23:22 | Report Abuse

Yes

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2018-04-26 23:24 | Report Abuse

With continue increase of production plant the output revenue will be exponential increase. This is what we see on Harta on last few years ago. I miss out Harta growth during that period and I will not miss this time. I will not repeat the same mistake twice. Yet we are talking about 13 billion dollar company.

Beside I observed that Lotte chemical group are switching its manufacturing from Korea to South East Asia, which could be due to political or other issues. You can see from its annual growth rate at lotte Chemical Korea compare to LCtitan.

Another point observed from the AGM, they seem confident that price are worth more then 6.50 that is why they will not sell below this. No one knows better than how much the ccmpany really worth.

This is the only company match my investment criteria,
1. Growth ( TE3, PP3 and LCUSA Plant) pipeline up exponential expansion.
2. Marco economic pushing up the demand (TE3 capture the high market demand with ASP price adjust up, demand over supply)
3. Big cap 13 billion
4. Strong Dividend Yield (Better then any FD from Bank)

Posted by Hock Wei Tan > 2018-04-27 07:41 | Report Abuse

getsready . Powerful rocket want start

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-04-27 08:58 | Report Abuse

Today break 6.5 next week above Rm 7!!

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-04-27 09:17 | Report Abuse

Ppl y’all left week so ago at 6.4 I don’t blame you. If y’all leave now at 6.4 you guys are making a real big mistake... Qtr report coming on Monday really??

hopper66

80 posts

Posted by hopper66 > 2018-04-27 12:17 | Report Abuse

gandalf standing at 6.45 yelling YOU SHALL NOT PASS

ratz

285 posts

Posted by ratz > 2018-04-27 12:25 | Report Abuse

if the share price hits RM7.50 by May, LCT Titan will be in the KLSE Composite Index (competing with Hartalega and Dialog). The advantage to LCT is that its even at RM7.50, the prospective PE will only be around 11 times. The market PE is currenty around 15.6 times. LCT remains largely undervalued.

Victor Yen

138 posts

Posted by Victor Yen > 2018-04-27 12:32 | Report Abuse

Just bought at 6.28, 6.31, 6.36
Let's see what will happened next week and 1-2qtr time

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2018-04-27 14:05 | Report Abuse

Lets see if we can do it on Tuesday break 6.50 barrier.

Victor Yen

138 posts

Posted by Victor Yen > 2018-04-27 15:58 | Report Abuse

very funny why push up and sell down...same like previous pre
announcement

eunsung

29 posts

Posted by eunsung > 2018-04-27 16:25 | Report Abuse

Let's collect at cheaper price..

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-04-29 19:07 | Report Abuse

Let’s see tomorro !!!

alone

283 posts

Posted by alone > 2018-04-30 12:51 | Report Abuse

No good result

asturay

189 posts

Posted by asturay > 2018-04-30 12:58 | Report Abuse

Will dump 30% pruce like down margin 30%.korean mgmt sometimes .dont know what 2 say

Victor Yen

138 posts

Posted by Victor Yen > 2018-04-30 13:02 | Report Abuse

Haiyah

Flintstones

1,762 posts

Posted by Flintstones > 2018-04-30 13:28 | Report Abuse

Ini kali habislah! Thats why dont act smart try to predict quarterly earnings!

Posted by ITreeinvestor > 2018-04-30 13:33 | Report Abuse

Where is EPS 20 ??? Dont act smart next time.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-04-30 13:46 | Report Abuse

clap clap clap...

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-04-30 13:47 | Report Abuse

gap down. pity those who has high hopes n over confident.

asturay

189 posts

Posted by asturay > 2018-04-30 13:54 | Report Abuse

Last qtr down 25%.today 30%.petchem not like this

newbie911

1,111 posts

Posted by newbie911 > 2018-04-30 13:56 | Report Abuse

Before this...management hint result will be good.
Now, what happen already?

lkoky

539 posts

Posted by lkoky > 2018-04-30 13:56 | Report Abuse

can get popcorn ready for afternoon show.

Lau333

155 posts

Posted by Lau333 > 2018-04-30 14:03 | Report Abuse

Earnings YoY -28.8% , QoQ -35.4%, EPS 10.70 sen
Revenue YoY +15.7%, QoQ +4.6%
Pretax margin +13.5% vs +20.2% YoY
Negatively impacted by margin contraction and forex losses. Plant utilization dipped to 83% from 86% QoQ and 58% YoY (with naphtha plant shutdown).

Lau333

155 posts

Posted by Lau333 > 2018-04-30 14:05 | Report Abuse

Plant utilization dip is due to strategic move due to poor margin for conversion of olefin to polyolefin on both Indonesian & Malaysian plant

Posted by kelvin_ik4u > 2018-04-30 14:14 | Report Abuse

We all hit by surprises that mgmt does reported Q1 & subsequent in 2018 will be good with no margin % being affected. Those who attend the AGM meeting, mgmt does stated it margin is not affected, but come out Q118 result was bad, unexpected of it.

My wrong on it EPS projection as I read through across all the sites that petrochemical demand is superb shortage & China policy rule. I also hit badly and sadden by this Qtr result out.

-------------------------------------------------------------

Inside the Qtr report, QoQ it mention that revenue is up by RM97mil, due to increase in sales volume up 4.6%, but utilization drop from 86% (Q4'17) to 83% (Q1'18) due to load down in Indonesia plant & lower Msia downstream plant.

PBT decreased RM82.1mil, -21.5% down due to margin squeeze & forex losses. Feedstock price increase, but ASP price picked up on lagging effect. The main key loss is the Forex loss RM44.6mil (huge) but this due to conversion in USD$ for it Louisana plant expansion plant due to RM strengthen. However it gain back of RM34.9mil in operation due to RM strengthen.
Some more it pay 18% tax vs last Qtr 6% tax relief, also contributed part of the losses as well.

Theire mgmt do say, petrochemical market will be continue resilient in near term & supply expect to be tighten in Asia region & demand expect to pick up too.

Posted by ITreeinvestor > 2018-04-30 14:14 | Report Abuse

Pchem is improving every quarter.

lkoky

539 posts

Posted by lkoky > 2018-04-30 14:16 | Report Abuse

actually this isnt the first time mngt kind of misleading. During IPO time, they already did it once. Just didnt expect them to do it again so soon.

Ekkram

763 posts

Posted by Ekkram > 2018-04-30 14:27 | Report Abuse

mngmnt keep giving flowery statement same during ipo then reality hit hard kaw kaw..ahahaha

Posted by Fabien Extraordinaire > 2018-04-30 14:28 | Report Abuse

i would rate management integrity as poor.

kimao123

112 posts

Posted by kimao123 > 2018-04-30 14:29 | Report Abuse

idss coming...

asturay

189 posts

Posted by asturay > 2018-04-30 14:32 | Report Abuse

Knife cutting.what save pruce to colect

Flintstones

1,762 posts

Posted by Flintstones > 2018-04-30 14:45 | Report Abuse

Hahaha! Kelvin want hold can slowly accumulate and hold. But dont mislead newbies to holland lah.

Posted by Azman Mohamad Zanal > 2018-04-30 14:48 | Report Abuse

Falling knife

Alex™

12,593 posts

Posted by Alex™ > 2018-04-30 14:52 | Report Abuse

warm water cook frog

hopper66

80 posts

Posted by hopper66 > 2018-04-30 14:56 | Report Abuse

0.23 divined can still be attractive for some at this lower price

Alex™

12,593 posts

Posted by Alex™ > 2018-04-30 15:13 | Report Abuse

MAYDAY

Maxigain

386 posts

Posted by Maxigain > 2018-04-30 15:14 | Report Abuse

Mgmt is unreliable..don’t care if big funds collecting or not..no point putting ur money in unreliable hands..

mamatede

3,950 posts

Posted by mamatede > 2018-04-30 15:15 | Report Abuse

Just when we tot Lctitan is doing better.. Investor cannot trust South Korea company la..

lkoky

539 posts

Posted by lkoky > 2018-04-30 15:16 | Report Abuse

Then again, mngt may come out to argue that "They didnt expect the forex n margin would have such a big impact, but mana tau ..." just like ipo time "didnt expect the water disruption realted shutdown to have such a big impact, but mana tau ..."

Alex™

12,593 posts

Posted by Alex™ > 2018-04-30 15:17 | Report Abuse

north korea shake hand with south korea, and the result is like this?

Alex™

12,593 posts

Posted by Alex™ > 2018-04-30 15:18 | Report Abuse

MAYDAYYYYYYYYYYYYYYYYYYYYYYYYYYY

Posted by Fabien Extraordinaire > 2018-04-30 15:18 | Report Abuse

if everything also mana tau..then they are not fit to be in charge and should relinquish their positions soonest possible!

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