LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.30

Today's Change

-0.01 (0.76%)

Day's Change

1.30 - 1.33

Trading Volume

809,000

Overview

Market Cap

3,006 Million

NOSH

2,312 Million

Avg Volume (4 weeks)

750,223

4 Weeks Range

1.28 - 1.44

4 Weeks Price Volatility (%)

12.50%

52 Weeks Range

1.25 - 2.29

52 Weeks Price Volatility (%)

4.81%

Previous Close

1.30

Open

1.31

Bid

1.30 x 121,100

Ask

1.31 x 15,000

Day's Range

1.30 - 1.33

Trading Volume

809,000

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2022 [#4] | 31-Jan-2023

Next QR | Est. Ann. Date

31-Mar-2023 | 28-Apr-2023

T4Q P/E | EY

-4.21 | -23.77%

T4Q DY | Payout %

10.59% | 0.00%

T4Q NAPS | P/NAPS

5.09 | 0.26

T4Q NP Margin | ROE

-7.27% | -6.07%

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 12,422 comments

pang72

Knn punya company

1 month ago

shortinvestor77

As at 31 December 2022, the Group has a cash and bank balances of
RM1.32 billion.

1 month ago

xcu843

Every quarter loss hundred millions, will this rm1.32 billion can last for how long? I guess one year only.

1 month ago

cbkia4896

haizzzzzz

1 month ago

T800Terminator

Time to grab tomorrow

1 month ago

xcu843

Will go back to 1.2 to 1.3

1 month ago

speakup

besok limit down?

1 month ago

speakup

or Double Limit Down?

1 month ago

i3lurker

looks like it will lose more than a Billion or maybe 2 B before it gets better

1 month ago

Plantermen

LC management guidance not too optimistic and expect anothrr challenging year ahead. INDONESIA line expansion project expected only to complete in 2025. What's worrying is the bleeding on their balanced sheet. From operating loss, currency exchange losses and more critical is their continuous cost of inventory write down { on margin compression}. Revenue declined by another - 23% { lower volume and lower selling price} posted a nett loss of 317 million { 4th Qtr} vs a loss 335 million { 3rd Qtr}

1 month ago

T800Terminator

Is the price also factor in?

1 month ago

shortinvestor77

China market is open wide already. Cruel oil price is lower compared to before. Should be factored in already.

1 month ago

kokchengkai

Cash tinggal berapa dlm Akaun?
rugi masih kasi dividen tinggi mcm PN dulu asyik ajak member gorek duit EPF tujuan bukan sara hidup tapi hidup mewah sekejap .
seumpama pepatah kata "senang dahulu ,susah kemudian"

1 month ago

birkincollector

nice tomorrow kasi down alot can trade niceeeeeee

1 month ago

speakup

tomorrow limit down?
or Double limit down?

1 month ago

Income

Ordering Roti Telur satu.

1 month ago

Jonathan Keung

first thing in the morning sell...sell. next week can cover back the short position

1 month ago

shortinvestor77

If management has no confident, they won't give dividend lah!

1 month ago

8u29song

chance to buy low...

1 month ago

8u29song

vol is not alarming...just no choice some fun manager need to follow guideline..

1 month ago

curiousq

OMG !!! so terrible !!

1 month ago

Income

Omg

1 month ago

Nepo

Lotte Chemical unlikely to pay final dividends in FY22, dividends for FY23 after recording largest annual losses, say research houses
https://www.theedgemarkets.com/node/653790


1 month ago

shortinvestor77

You sell they buy. Research houses if so good should have been rich already. Don't need to do anymore research. Ha Ha!

1 month ago

Income

Thinking about Research House?
If they are not good, Research House already CLOSE SHOP.

WHY RESEARCH HOUSES UNTIL NOW NOT EVEN ONE CLOSE SHOP IF THEY ARE NOT GOOD???

Please tell me. Thanks



Posted by shortinvestor77 > 2 minutes ago | Report Abuse

You sell they buy. Research houses if so good should have been rich already. Don't need to do anymore research. Ha Ha!

1 month ago

Wt345986

Research house are good at 马后炮。

1 month ago

shortinvestor77

Exactly.Wt345986

Research house are good at 马后炮。

7 minutes ago

1 month ago

speakup

buy below rm1

1 month ago

Jonathan Keung

U win some u lose some. Ride the winners and cut your losses. That's the mantra whether for long term or short term. What's important is your risk profile ? If u are prepared to average down your below 1.25 { Nov 22 } and hold on till year 2025 { 2-3 years time frame }completion of the plant barring any delay

1 month ago

stockraider

U can be greedy now loh!
This is a cyclical stock mah, when it cheap with no confidence u can accumulate loh!

1 month ago

Plantermen

Is there better options or more attractive play. You need to decide. 2 or 3 years holding is for serious investor

1 month ago

Jonathan Keung

2 years is a long long time. can be a winner or a big loser . Look at gloves after a 4 months super bull rally run. 2 years later analysis telling us to avoid this sector. Bro

1 month ago

Jonathan Keung

Technical support chart pegged at 1.35. if resistance failed to hold. Chart line likely to trend lower and possibility of 1.25 previous low will be revised. Charting is just looking at all technical price possibilities.do your own research before u sell or buy



1 month ago

8u29song

that's why you can buy at this price.....

1 month ago

8u29song

what I see is NTA is RM5

1 month ago

BobAxelrod33

If you are prepared to hold 1-2 years, then you're in the right place.....right time and good price at 1.35

Bob was here....marker indexed.

1 month ago

Plantermen

In 2021 Park Hyun Chul replaced Lee Dong Woo as CEO of LCT. The planned Indonesia line expansion project costing RM 18 billion { completion date year 2025 } the project need a long gestation period and any positive impact need to relied or hinges on the economic cycle conditions over the next few years. How much profit can be generated from this gigantic RM18 billion expansion? It's going to be a long term positive or definety short term uncertainty but earnings contribution in the short term will be mixed

1 month ago

curiousq

why this one losing heavily while Pchem profits?
don;t the sell similarly products?

1 month ago

Plantermen

Myself is not a trained chemical engineer but basically. PChem and LCT are trading in a different market segment. PChem apart from Olefins manufacturing. A big chunk of PChem revenue comes from or generate from chemicals used in acrylic ink acids, dyes, gas solvents, personal care products, fertilisers manufactoring and methanol related chemicals eg resins and ammonia. Whereas LCT specialised only in Polyolefins and PP or polypropylene eg TBA, benzene and toluene used by plastic fabricators.

1 month ago

speakup

with no dividend this year to support the share price, may drop to rm1

1 month ago

BobAxelrod33

I wish it would.............very eager to collect loads.......

1 month ago

T800Terminator

Let the market maker do the talking.

1 month ago

curiousq

Thanks @Plantermen

1 month ago

BobAxelrod33

Bila mau RM 1.00 ni??

2 weeks ago

BobAxelrod33

Still waiting for Rm 1.00

Can break below 1.35 or not???

2 weeks ago

shortinvestor77

https://www.klsescreener.com/v2/news/view/1129101/lotte-chemical-titan-s-indonesian-unit-secures-rm10-58bil-loan-to-fund-expansion-project
While Lotte Chemical Corporation (LCC), the parent of LCT and guarantor of the loan facility, holds the remaining 49 per cent.

2 days ago

Plantermen

2.5billion USD denominated loan is bad decision. US rate is at 5%p.a. and appreciating in value vs our MYR and the Indonesia rupiah. Zero rated Japanese YEN loan is sensible but not the USD. They are betting against USD and interest rates

1 day ago

Jonathan Keung

Support at 1.30. if support fail to hold or break. Price may retested at betw 1.25 - 1.28 { MACD trend line indicator }

13 hours ago

BobAxelrod33

Blind also knows it would not break 1.30. If unforeseen circumstances, drop below also for a few hours........mana you belajar TA??? (1.28 is 2 bids below 1.30)

13 hours ago

shortinvestor77

12-year US$2.4 billion (about RM10.58 billion) term loan facility with The Export-Import Bank of Korea, Korea Trade Insurance Corporation and other commercial banks. It may be in Korean money lah as borrow from Korean Banks.

5 hours ago

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