KLSE (MYR): LCTITAN (5284)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
1.30
Today's Change
-0.01 (0.76%)
Day's Change
1.30 - 1.33
Trading Volume
809,000
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 (%)
52 Weeks Range
1.25 - 2.29
52 Weeks Price Volatility (%)
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
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%
2023-03-23
2023-03-22
2023-03-22
2023-03-22
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.
As at 31 December 2022, the Group has a cash and bank balances of
RM1.32 billion.
1 month ago
Every quarter loss hundred millions, will this rm1.32 billion can last for how long? I guess one year only.
1 month ago
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
China market is open wide already. Cruel oil price is lower compared to before. Should be factored in already.
1 month ago
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
first thing in the morning sell...sell. next week can cover back the short position
1 month ago
vol is not alarming...just no choice some fun manager need to follow guideline..
1 month ago
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
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
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
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
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
Is there better options or more attractive play. You need to decide. 2 or 3 years holding is for serious investor
1 month ago
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
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
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
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
why this one losing heavily while Pchem profits?
don;t the sell similarly products?
1 month ago
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
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
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
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
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
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
pang72
Knn punya company
1 month ago