Posted by alone > 2018-05-15 15:30 | Report Abuse

Oil prices up squeeze the margin of companies...

Posted by TheLegend27 > 2018-05-15 17:05 | Report Abuse

buy 8000 shares at 5.55 testing water :)

Posted by lincm86 > 2018-05-15 17:56 | Report Abuse

Will LCTITAN have to eventually sell those outstanding shares to the open market?

If not mistaken, LCTITAN have requested for the extension for sales of outstanding shares to comply to the regulations.

I'm sure they will take caution to avoid initiating sell down.

Posted by BlackWhite > 2018-05-15 22:54 | Report Abuse

If outstanding share sales sure price will go south

Posted by TheLegend27 > 2018-05-16 07:05 | Report Abuse

the last date of lodgement 18 May mean what? today book closure?

Posted by eunsung > 2018-05-16 08:01 | Report Abuse

If I buy today,, still I can get dividend right?

Posted by lincm86 > 2018-05-16 08:11 | Report Abuse

If you buy on ex-date (today) you don't entitle for dividend.

But as you see, you get to buy it cheaper by the dividend amount. You don't lose essential by buying today or yesterday.

Except if it opens high and stay that way to the end of day.

Posted by lincm86 > 2018-05-16 08:25 | Report Abuse

The reason ex-date is difference date from entitlement date is the mechanism to recognise who owns the share by what date. These two are actually the same things.

It typically requires 3 Working Days to get your purchase record to the Record of Depository. When your record is in there as we check today, it means you are officially the shareholder.

Following example on Lctitan ex-date (16 May 2018) and Entitlement Date (18 May 2018), this is how it works.

When you buy 1 Day before ex-date (15 May 2018), it is (T0).
On Ex-date it becomes T1. Same as you see on the record that these share you buy yesterday becomes T1.

On 18 May 2018, it is now T3. By the end of 5pm, you share purchase record goes into the record of Depository. If you haven't sell the share you must make payment hereon (after 5pm, the counter is closed and you can consider it a T4).

Notice that end of T3 day is the same as Entitlement date. This means you are now consider the shareholder (on T1, 2 or 3 you are not recognizer yet because the record cannot be found).

That's the reason why you must buy a day before Ex-date. It is the same thing if you want to attend agm and to be considered as a shareholder, you must follow the same rules (3 Working days before the record date).

Hope it helps, I too was search around to understand this concept. I'm writing what I found and confirmed with actual practice.

Posted by TheLegend27 > 2018-05-16 08:50 | Report Abuse

I bought yesterday, I sell today still entitle?

Posted by TheLegend27 > 2018-05-16 08:57 | Report Abuse

I buy use cash not credit facility

Posted by clyde732 > 2018-05-16 09:05 | Report Abuse

Still entitled, the price has been adjust today

Posted by TheLegend27 > 2018-05-16 09:12 | Report Abuse

then the entitlement date meant for those buy using credit facility?

Posted by MAESTROz > 2018-05-16 09:28 | Report Abuse

the price adjusted becoz of bonus issue or??

Posted by Victor Yen > 2018-05-16 10:33 | Report Abuse

Yes....

Posted by kelvin_ik4u > 2018-05-16 10:38 | Report Abuse

Stay optimistic, it will be rebound fast since expected Q2 result is good due to ASP price lagging price come back during March as stated in Qtr report. Don't get swing out due to share price noise. TP readjust to RM7.25, that is RM2.00 potential gain by year-end as global petrochemical ASP price is going strong with less supply in the market for whole 2018 move forward.

http://www.theedgemarkets.com/article/lotte-chemicals-pp3-us-shale-gas-seen-contribute-2h

Posted by ITreeinvestor > 2018-05-16 10:45 | Report Abuse

every quarter got excuses,
Q1 - Water disruption
Q2 - plant shut down
Q3 - Low utilization of plant
Coming Quarter - high Crude oil price caused lower margin ????????????

Posted by Alex™ > 2018-05-16 10:49 | Report Abuse

looks like a scam

Posted by ONG > 2018-05-16 10:55 | Report Abuse

buy in at high price 5.77... always drop... it is worth to keep for long term?

Posted by kelvin_ik4u > 2018-05-16 11:58 | Report Abuse

Lctitan's business is growing with PP3 plant commerce in June & TE3 plant production utilization going for 100% operation full swing in Q2'18. Company intrinsic NTA value is RM5.00, No debts with strong cash flow RM3.56 billion, It's mgmt also stated it will pay dividend payout twice annually, expected 40% ~ 50% range.

We all do expect or forecast Q2'18 EPS result will be better than Q1'18 as lagging ASP price will reflect starting on March onwards. Plus, current trailing PE is 12.6, it is undervalued vs PCHEM, forward PE <10 + good margin safety. Business fundamental wise is good and growing.

I don't know how mgmt. going to perform in coming Qtr, but let assume mgmt efficiency stay as per normal; with upcoming PP3 & TE3 production capacity expansion, good ASP margin price, high petrochemical demand + tight supply, eventually all these benefit to overall 2018 Qtr earning (assume crude oil price stable within ~$70 range + no surprise arise again).

I don't think Lotte the 4th biggest conglomerate organisation in Korea (after Samsung, Hyundai, LC) will make it reputation name spoil. Overall Korean mgmt. are famous for their mfg lean & cost sensitive & fast operation deliverable.

Posted by TheLegend27 > 2018-05-16 12:26 | Report Abuse

wanna ask how crude oil increase affect this titan?

Posted by TheLegend27 > 2018-05-16 12:33 | Report Abuse

go to 6 happy already. last 5 years never go to 7.

Posted by SamuelLuke > 2018-05-16 13:21 | Report Abuse

Last 5yrs don’t have pp3&te3 .....

Posted by TheLegend27 > 2018-05-16 13:36 | Report Abuse

lotte pepero also from this company?

Posted by eunsung > 2018-05-16 15:49 | Report Abuse

lotte pepero is from www.lotteconf.co.kr same CEO

Posted by lincm86 > 2018-05-16 16:29 | Report Abuse

@ TheLegend27

Buy yesterday and hold till today is entitled to dividend.

Cash or credit facility is the same. The process to transferring share to under your name takes 3 Working days.

I'm waiting to reenter, hopefully can get around 5.

Posted by ivy88_ > 2018-05-16 16:54 | Report Abuse

Starting by tmr, Lctitan will start to go up!

Posted by ONG > 2018-05-16 19:17 | Report Abuse

Iny88 why said so... Don't simply say oh

Posted by SamuelLuke > 2018-05-17 09:04 | Report Abuse

Oops LCtitan market capital now more than ambank and Astro .... hehehehe

Posted by bisonbull > 2018-05-17 10:11 | Report Abuse

Singapore (Platts)--14 May 2018 223 am EDT/623 GMT

Asian petrochemical prices are seen likely to continue to trend higher this week amid support from bullish crude futures, after discussions last week were mostly higher as the strength upstream buoyed sentiment.

AROMATICS

Asian paraxylene prices crossed the $1,000/mt mark last week for the first time since May 6, 2015, rising $43.33/mt on the week to $1,014/mt FOB Korea and $1,033/mt CFR Taiwan/China Friday amid bullishness upstream.

June ICE Brent futures were up $4.12/b week on week at $77.47/b at the 0830 GMT close of Asia trade Friday.
---------------------
Also tracking firm crude, Asian benzene prices were assessed up $27/mt week on week at $868.33/mt FOB Korea Friday amid active trading ahead of June declaration dates for FOB Korea cargoes.

Gains in downstream styrene monomer added support, with SM assessed up $13/mt week on week at $1,404/mt CFR China Friday.
============

Posted by ArchangelAmbrose > 2018-05-17 16:01 | Report Abuse

earlier knew Liao. harapan menang, tak ada harapan lagi.

Posted by TheLegend27 > 2018-05-17 18:03 | Report Abuse

got the dividend but lose the value. just keep a little longer and see how.

Posted by nicoleviva > 2018-05-17 19:32 | Report Abuse

oil price up.... will this counter go up too??

Posted by 624298991 > 2018-05-17 22:10 | Report Abuse

keep kena press down...

Posted by SamuelLuke > 2018-05-18 11:25 | Report Abuse

Wah promotion ... good good ...

Posted by Alex™ > 2018-05-18 11:30 | Report Abuse

gg lo drop liao RUNNNN~

Posted by trulyinvest > 2018-05-18 11:30 | Report Abuse

luckily sold last time 5.63

Posted by ArchangelAmbrose > 2018-05-18 12:23 | Report Abuse

target price 3.75

from,
Small Chick

Posted by Wei Wong > 2018-05-18 15:22 | Report Abuse

How low can you go .. I guess 4.5 then rebound hehe

Posted by ArchangelAmbrose > 2018-05-18 22:04 | Report Abuse

don't know.feel like something fishy in the company. I don't want this share in portfolio Liao as scare q2 tio big stick again.

Posted by ArchangelAmbrose > 2018-05-18 22:05 | Report Abuse

Wei Wong,serious? 4.5 is about next week story wo for this share.

Posted by Ben Son Sow > 2018-05-18 22:20 | Report Abuse

fundamental still intact, just that currently foreign fund retract from malaysia....need patience and holding power....and let tun settle his work

Posted by gsi723 > 2018-05-19 11:23 | Report Abuse

Below 5 buy, above 6 sell.... easy leh..

Posted by KML889 > 2018-05-19 13:47 | Report Abuse

Refineries and petrochemical plants don't close shop or shutdown just because of price swings in their feedstock. They manage through economics spreads and scheduling planning and hedging versus plant utilization. In the meantime just sit back and observe the variables that are controllable and non controllable.

Posted by trulyinvest > 2018-05-21 14:20 | Report Abuse

pchem oso anounced not ggod result. beware lctitan for next q

Posted by KML889 > 2018-05-21 22:10 | Report Abuse

https://www.polymerupdate.com/blog/plastic-news/2018-04-26-High-density-polyethylene-(HDPE)-prices-rise-in-FEA-and-SEA.aspx?id=904&year=2018

Posted by KML889 > 2018-05-21 22:27 | Report Abuse

Naptha-Ethylene spread narrowed. Time lag for ASP playing catchup. Foresee slowdown in M'sia whereas ramping up in indon's operations

Posted by ArchangelAmbrose > 2018-05-22 10:07 | Report Abuse

one of the con shares. once trap is about a whole life story.

Posted by ONG > 2018-05-22 13:22 | Report Abuse

such a big company listed at korea, u worry for what. somemore there is the operation in Malaysia and Indonesia. u can see by your own eyes. not like Chinese company plant operate at china but listed in malaysia

Posted by ONG > 2018-05-22 13:24 | Report Abuse

Previous delisted is after lotte take over the company and strategic to privatise . now relisted is diff story to collect more fund to invest in their mega project. Company with good cash, zero borrowing.. dunno u scare what .. haha

Posted by signalmw > 2018-05-22 13:27 | Report Abuse

bellow 5 price will reasonable. dividend 25sen ext date over