LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.36

Today's Change

0.00 (0.00%)

Day's Change

1.36 - 1.42

Trading Volume

3,698,400

Overview

Market Cap

3,145 Million

NOSH

2,312 Million

Avg Volume (4 weeks)

1,105,073

4 Weeks Range

1.31 - 1.72

4 Weeks Price Volatility (%)

12.20%

52 Weeks Range

1.31 - 2.84

52 Weeks Price Volatility (%)

3.27%

Previous Close

1.36

Open

1.38

Bid

1.36 x 57,500

Ask

1.38 x 1,000

Day's Range

1.36 - 1.42

Trading Volume

3,698,400

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2022 [#2] | 28-Jul-2022

Next QR | Est. Ann. Date

30-Sep-2022 | 28-Oct-2022

T4Q P/E | EY

16.23 | 6.16%

T4Q DY | Payout %

13.04% | 211.59%

T4Q NAPS | P/NAPS

5.51 | 0.25

T4Q NP Margin | ROE

1.79% | 1.52%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: CHEMICALS

Subsector: CHEMICALS

Description:

Lotte Chemical Titan Holding Berhad (LCT) is a Malaysia-based investment holding company, which manages LCT Group. The Group, comprising the Company and its subsidiary, is an integrated petrochemical producer with two principal product categories: Polyolefins, consisting of polyethylene (PE) and polypropylene (PP), and Olefins, including ethylene and propylene, together with other derivatives, such as butadiene, tertiary butyl alcohol (TBA), benzene and toluene. The Company's products are mainly distributed to plastic fabricators and trading houses in both domestic and export markets, such as China, South Korea, Indonesia and other Southeast Asian countries, as well as various European countries. Other business activities of the Group include investment holding and the manufacture of synthetic rubber. Lotte Chemical Titan Holding Berhad's subsidiaries include Lotte Chemical Titan (M) Sdn Bhd, Lotte Chemical Titan Trading Sdn Bhd and Lotte Chemical Titan Corporation Sdn Bhd.

Discussions
15 people like this. Showing 50 of 12,313 comments

The_JQuestion

good stock definitely will collect .... watch list now !!

2 months ago

investortrader88

Top up some tickets at RM1.80.good luck guys.

1 month ago

Stevenkim

No hope punya stock

1 month ago

Plantermen

LCTITAN price unstable and started trending lower and lower over the past few days. Chart wise critical support is pegged at 1.75-1.76.

1 month ago

Nepo

Don't hurry to buy in @ RM 1.77. Definitely not bottom yet..

1 month ago

jinxstock20

Keep on discount. Time to buy more

1 month ago

Jnlee

How much can go down again?

1 month ago

aliyusof

Down bit by bit like this, 1.50 not impossible.....

1 month ago

shortinvestor77

Yes. 1.50

1 month ago

WAFFY1987

loss confidence for this stock..they also got restrain order

1 month ago

Nepo

buy Pchem better than this stk

1 month ago

aliyusof

Their cash will be slowly reduced and used for construction of their new plant in Indonesia. Don't hope for big dividend like before.

1 month ago

shortinvestor77

Don't need to hope. They follow their dividend policy and never miss.

1 month ago

Plantermen

LC titan 2nd qtr result ending 30Jun was a big disaster (-193 million losses before tax}. dividend pay out will be impacted if coming 3rd qtr again turn negative. Not a sell call but be cautious and do your own research

1 month ago

shortinvestor77

Why so early to judge 3rd Q result? Look at their past records for your own research.

1 month ago

Eric Lim

Don't put high hope on getting dividend, they are listed to get your money to build their factories, not to pay dividend to you

1 month ago

shortinvestor77

I have never force them to pay me the dividend and it is their willingness to share profits according to their willing set dividend policy. How many counters in Bursa are willing to share their profit and set up a dividend policy? You ? ha Ha Ha!

1 month ago

shortinvestor77

Companies are listed to expand their business with the help of investors.

1 month ago

stockraider

Very true loh!

Hengyuan do not like to share their profit with minority shareholders loh!

Posted by shortinvestor77 > 36 seconds ago | Report Abuse

I have never force them to pay me the dividend and it is their willingness to share profits according to their willing set dividend policy. How many counters in Bursa are willing to share their profit and set up a dividend policy? You ? ha Ha Ha!

1 month ago

Markv572421

Boring LCtitan counter ...no use !!!

1 month ago

swimvshark

finally 1.6 coming . congrats

1 month ago

shortinvestor77

1.5 is better. Can buy more.

1 month ago

DividendGuy67

Given the large loss, plus Indonesia commitment, they will stop paying dividends this year and likely next year too. Dividend investors may have to wait for a long time. Past dividends is not a good indicator of future dividends anymore.

4 weeks ago

Johnzhang

The petrochemical business faces headwinds when global economy is slowing. Demand is down and hence selling price is pressured

4 weeks ago

DuitGeli2

Test

2 weeks ago

i_d0tc0m

so cheap

2 weeks ago

Jonathan Keung

The spike in the USD against asian currency is bad for Indonesia and Malaysia. Imagine borrowing the USD at 3.8 now the rate has spike up to 4.6. repaying costs much higher

2 weeks ago

Plantermen

Coming next quarter result announcement in Oct. Hopefully operations & financial not hit by multiple rate hike and high usd

1 week ago

DividendGuy67

Next quarter likely to be bad. Soonest turnaround MAYBE next year. This one can keep making new lows for many more months. No accumulation in sight yet.

1 week ago

ageetkumar

Wouldn't high USD benefit LCtitan? Their revenues as 100% in USD while expenses are a mixture of USD and local currency

1 week ago

shortinvestor77

Yes

1 week ago

Stevenkim

This stock still got hope? Keep dropping only

1 week ago

Sneakpeek

still got long way down..lowest in 2020 was 1.15.

1 week ago

Plantermen

Possibility of bad quarter result coming out. China on/ off lock down { zero covid policy} has affected industrial demand for polymer products and other related imports. August imports number down 15%. LC titan 3rd qtr { July-Sept } result may be hit

1 week ago

Jonathan Keung

Lucky nobody is shorting Lctitan now if not worst to come. Strong chart support at 1.45

1 week ago

Markv572421

Bye2 lctitan

1 week ago

Nepo

This titanic is sinking..
mayday..mayday..

1 week ago

Jonathan Keung

Fibonacci resistance line breach today . Closing at the day low of 1.44 vs the day high of 1.50. higher buy volume indicator at lower end . Indirectly signal lower line support or resistance. A technical rebound on Friday can help to reverse the downtrend. MACD locked in between 1.38 - 1.50 price range. Do your own research before you buy or sell

6 days ago

Markv572421

Make it 0.001 share price .......

5 days ago

xcu843

Oil price already drop below 100, should be good for Lctitan

5 days ago

xcu843

Naphtha cost also reduced but this counter share price keep on dropping

5 days ago

Markv572421

No body interested to buy LCtitan, its a boring stock already plus management is not good

5 days ago

The_JQuestion

this stock should be no bad news... cmon titan u can do it !!

5 days ago

drken91

wait at 1.00 - 1.20
then buy slowly till 0.70c

1K unit at a time,
capital allocation important

that's my plan, not a buy/sell call
leaving comment here so I can come visit it again one day

5 days ago

Plantermen

The share price LCTITAN drop sharply maybe link to their mega project in Merak, Banten province. costing about USD 4 billion in Indonesia { LINE project } targeted to be completed in 2025/2026. This was approved and passed at the EGM held on Dec 16 2021. Key work packages was awarded to the Hyundai Engineering group and other related parties for the expansion on 7th Jan 2022. The USD has strengthen and appreciatd from 4.10 to 4.65 against the MYR ringgit. Investment cost value is now estimated at MYR 18.6 billion of the cracker plant production of ethylene and propylene. Interest cost will fly to the moon based on the 18.6 Billion project cost

5 days ago

Plantermen

Not a buy call or sell call just my own personal take on their mega project during this uncertain and challenging period

5 days ago

imvu

1.320 rebound ?

1 day ago

aliyusof

Plantermen, agreed with u esp on the Indonesia plant expansion. Sold all at 1.86 earlier, whatever dividends received so far and capital share gain since 2020 all now lost back to the market and still incurred net capital loss! Aiyo, sakit kuat

1 day ago

imvu

boleh rebound 1.520 ?

14 hours ago

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