LCTITAN (5284): Financial Annual Results (Unaudited)

Cannot earn money + company and directors no background, definately die die..

1 month ago

hahahahah....close shop company !!!

1 month ago

thesteward

Some party kept promoting this at rm1.1+

1 month ago

cbkia4896

Hah 60-80 sens region incoming

1 month ago

mangkal1

This company going bankrupt soon. PN17. Congrats

1 month ago

stevenckheng

NTA dropped from 5 to 4 just in 3 quarter, cannot look at that anymore, mostly useless assets

1 month ago

Lsly88

surprisingly the lonely promoter is totally quiet now and missing in this forum liao..rr alreay???

1 month ago

targetinvest

I steady punya. Continue hold him until die together.

Now lctitan got shortselled by IBs.. those who come out with damaging report will be the one doing it.

Last time airasia did kena shortsell from rm3 until below rm1. After that, go back up fiercely again. In next 6 mths

So look at next 6 mth, around april may june 2025 already

1 month ago

Catch falling knife at current price ?

1 month ago

You definitely steady.
If I were you, I definitely cut lose and move on.

1 month ago

https://klse.i3investor.com/web/blog/detail/targetinvest/2024-11-21-story-h474724767-SHORTSELLER_TARGETING_ON_LCTITAN_NOW_CAN_A_POTENTIAL_ASSET_SALE_IN_LCTIT

My opinion

LC titan not so positive market outlook. Look at Petronas chemical with parent company { Petronas} backing them up. has forecast a gloomy outlook for the industry coming 1-2years. LCtitan with heavy financing & borrowing costs of 11 billion would faced much more hurdles. Even selling off their Indonesia factory would not mitigate current dire situation. Without any injection or new capital pump in. Strong possibility of ending up like rumors of LC titan in Korea having a moratorium short of disposing assets {fire sale of assets} not a good time for the industry

1 month ago

kl_guy

lower the better . waiting for bottom to form.

1 month ago

targetinvest

1 month ago

ironrobe3388

net short position

2024 11 20
7.09 mil

how much can make from short sell 7 mils stock ?the foreign eagles will not come here for minor profit .

the lowest px of this stock was $1.02 during covid . was your rm0.72 a mistake ?

1 month ago

Dkk08

5555.. that lonely promoter coming out again.. price sure kaput further.. see you@0.5

4 weeks ago

robrob121212

wait at 5 cents low can get lower the LOWEST

4 weeks ago

Darn it ... will it continue to fall or 74.5 is the bottom price?

3 weeks ago

kl_guy

better wait for spoon shape chart or chart show lower high , only pick up.

3 weeks ago

Doesn't look good. LCtitan need some positive news flow. Alot of bad news forth coming. Head office LOTTE CHEMICAL facing negative cash crunch doesn't bode well. Market outlook looks depress with high inventories with muted demand. Demand on raw methanol, polyolefins and mono ethylene glycols equally bad

3 weeks ago

close company laa 😁

3 weeks ago

Be careful right issues..

3 weeks ago

Means ?
Nepo

Be careful right issues..

2 days ago

2 weeks ago

Just close the company laa ..why so much stories

Nepo

Be careful right issues..

2 days ago

2 weeks ago

Got right issue ?

2 weeks ago

No right issues at the moment.
But if co persists to incur losses, then most probably Co needs to inject more funds because banks may reluctant to lend money to downtrend biz

2 weeks ago

Share price keep dropping ...this company really need to shutdown soon

2 weeks ago

beluga

Similar to POS , ASTRO and many more ... when you thought below RM1 is "cheap"... then 0.80 ... then 0.50... then 0.30.... then 0.20 .... Complete disbelief

2 weeks ago

SuperA

Officially, the name of LCTITAN will change to TITANIC because it sank like the Titanic. Even though now changed the CEO, the situation will remain the same. MAKING LOST LOST LOST every quarter.

2 weeks ago

https://www.businesskorea.co.kr/news/articleView.html?idxno=230704

https://www.businesskorea.co.kr/news/articleView.html?idxno=231081

Making billions of MYR per quarter, but still in the red. Harsh ...

2 weeks ago

EngineeringProfit

yes, no future

Markv572421

Share price keep dropping ...this company really need to shutdown soon

1 week ago

flexibt

Lotte to Slash Chemical Investments by 90%, Sell Assets, Exit Unprofitable Duty-free Shops..... poor parent

1 week ago

Sslee

It like korean car now had to compete with China car.
Can you see the future for korean car?

1 week ago

Albukhary

LCTITAN NTA is still RM4.XX.
Assume if Petronas bought it at 60% discount below book value, that would be RM2.00.
For Korean Lotte cut loss at 60% losses (better than current unrealised loss of 80-90%), and they can get back their money to solve their parent company.
Minority investor who invest below RM1.00, are happy to accept this offer at 100% gain.
Petronas also happy to acquired an asset at 60% discount, and it can help petronas to expand its business empire.

1 week ago

Sslee

Pchem has an upcoming bigger plant in PPC that going to drag down its profit.
So do you think Pchem has a stomach for another similar plant?

Maybank Investment Bank, which now has the second-lowest target price for the stock at RM3.82, flagged that the inclusion of losses from its Pengerang Petrochemical Company Sdn Bhd (PPC) would lead to a profit contraction for Petronas Chemicals in 2025 even as overall product spreads improve.

1 week ago

EngineeringProfit

yes, not good to bet here. Invest other counters

1 week ago

beluga

1 week ago

This will affect Lotte company badly ...

https://thesun.my/world-news/south-korea-martial-law-fallout-deepens-as-prosecutors-close-in-on-president-ex-defence-minister-DG13400074#google_vignette

1 week ago

Petronas with key turn around plans for their Chemical & petrol manufactoring plant division has no appetite to acquired a sick elephant with high indebtness. LCtitan owns betw 7-8 billion in loans with only 400 million in their bank reserve. Technically they are in default and need additional funding to keep their local operations {which LG Korea} is having an cash flow crisis. This is the main reason they are shutting down their plants to buy time. Not a good sign once a factory operation's mothball it needs a long period to time to reconvene. Really frightened whether LC titan turns into a force fire sale where the banks just sell anything of value to cover their books.

1 week ago

Close company ?

6 days ago

A bad damming article from this week edge news on LCtitan

5 days ago

speakup

Pls share article

5 days ago