LOTTE CHEMICAL TITAN HOLDING BERHAD

KLSE (MYR): LCTITAN (5284)

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Last Price

1.21

Today's Change

-0.04 (3.20%)

Day's Change

1.20 - 1.28

Trading Volume

4,007,200

Overview

Market Cap

2,798 Million

NOSH

2,312 Million

Avg Volume (4 weeks)

3,117,526

4 Weeks Range

1.01 - 1.39

4 Weeks Price Volatility (%)

52.63%

52 Weeks Range

0.985 - 1.57

52 Weeks Price Volatility (%)

38.46%

Previous Close

1.25

Open

1.25

Bid

1.20 x 92,500

Ask

1.21 x 28,700

Day's Range

1.20 - 1.28

Trading Volume

4,007,200

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2024 [#1] | 03-May-2024

Next QR | Est. Ann. Date

30-Jun-2024 | 27-Jul-2024

T4Q P/E | EY

-3.81 | -26.22%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

5.04 | 0.24

T4Q NP Margin | ROE

-10.15% | -6.29%

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
17 people like this. Showing 50 of 12,705 comments

EngineeringProfit

Nice

1 month ago

Sslee

Indonesia is likely to start operations of 22 petrochemicals projects from 2021 to 2025, mainly driven by strong demand for plastics and fertilizers, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Petrochemicals New Build and Expansion Projects Market Size, Share & Trends Analysis report by type, region, key commodities, and key countries forecasts and analysis 2021–2025’ reveals that out of the 22 projects expected to commence operations in Indonesia, four will be methanol projects, followed by three polypropylene projects.

Bhargavi Gandham, Oil & Gas Analyst at GlobalData, comments: “Indonesia, one of the largest economies in Southeast Asia, is witnessing strong demand for petrochemicals, especially for plastics and fertilizers. Indonesian government plans to minimize dependence on petrochemicals imports by promoting the domestic petrochemical sector to meet the soaring demand.”

Among the upcoming methanol projects in Indonesia, the Air products Bengalon Methanol Plant project leads with a production capacity of 2 MMtpy. The project is expected to start operations in 2025.

GlobalData notes that among the upcoming polypropylene projects, the PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant project and Lotte Chemical Corporation Cilegon Polypropylene Plant project lead with a production capacity of 600,000 tpy each. The PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant is expected to start operations in 2024 while Lotte Chemical Corporation Cilegon Polypropylene Plant will commence operations in 2025.

1 month ago

Sslee

With a lot of overcapacity. When will Lctitan turn around?

1 month ago

EngineeringProfit

More likely to sink like serba

1 month ago

Yoong888

buy now, accumulate at this low

1 month ago

targetinvest

Do you on LCTITAN ?

1 month ago

stonksss

Very interesting on MCH

1 month ago

stonksss

With below rm1 LC Titan is definitely very interesting stock

1 month ago

stonksss

Green energy + Lotte + it hasn't gone up yet

1 month ago

targetinvest

Hydrogenation of toluene:
CH3 C6 H5 (Toluene) + 3 H2 (Hydrogen) → CH3 C6 H11 Methylcyclohexane

LCTITAN produce Toluene

1 month ago

ratz

https://theedgemalaysia.com/node/712398.
Anwar’s biggest deal with Japan!
Will Malaysia supply hydrogen to Japan & LCT the biggest supplier?

1 month ago

jinxstock20

To add on your info, targetinvest, toluene is used in making paints, paint thinners, fingernail polish, lacquers, adhesives, and rubber and in some printing and leather tanning processes 🙂

1 month ago

jinxstock20

Need patience. It will be LCtitan's turn to goreng up

3 weeks ago

8u29song

what's happening...

2 weeks ago

jinxstock20

You can check out The Star to see what's happening around the world, 8u29song 😁

2 weeks ago

Plantermen

Without any prejudice. INDONESIA has embark on a mega expansion plan on their country petrochemical industries. To be self reliant and less dependant on foreign parties. PT Pacific chemical industries are expected to roll out their petrochemicals this year. Follow by PT BUMI resources in 2025. All in Indonesia have targeted betw 20 - 25 local companies for the production of chemicals, fertiliser and other related products.

2 weeks ago

Jonathan Keung

Understand now why their holding company LC corp mulling to dispose off their Indonesia plant.

2 weeks ago

Amazonboy

Interesting...Lol

2 weeks ago

jinxstock20

Good sharing, targetinvest

2 weeks ago

targetinvest

Sharing is caring.. good stuff will sharing for knowledge and learning and to invest properly for profit

1 week ago

targetinvest

If lctitan is serious in selling, the only potential buyer is also Pchem.. and most probably will be offering closer to slight discount of NTA like rm3 to rm4

1 week ago

kl_guy

lctitan got control by big boy. anytime can be easily push up . just hold on ...big show coming.

1 week ago

targetinvest

Hancur habis naik

1 week ago

Amazonboy

Nice...lucky top up....Lol

1 week ago

DividendGuy67

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-05-18-story-h-161579126-LCTITAN_Accumulated_at_RM1

My LCTITAN accumulation at RM1 blogged here is looking good. 12% gross returns in less than a month. The longer term target remains the same as blogged.

After I went in, price dipped even more below RM1 for a few days. However, I was waiting a bit too low and didn't manage to add.

Thanks to LCTITAN and 20 other green stocks offsetting reds, my portfolio made new all time high again today, notwithstanding KLCI dipped slightly. Thank-you LCTITAN and Mr Market!

1 week ago

Michael Kwok

Lctitan 1.12
Sell 2 or 3 trading days.
Short term
Join me As follower or paid
11/6/24 12.41 am

1 week ago

kl_guy

Can LC cover back the gap down on rm1.46 ? looking forward to target price.

1 week ago

targetinvest

Rm 2.5

1 week ago

targetinvest

Investor must be thinking why lctitan is a stock to invest despite 7 8 quarter of reddish result..

Here you can know why lctitan can turnaround with hydrogen export

https://klse.i3investor.com/web/blog/detail/targetinvest/2024-06-05-story-h-159878307-HOW_MUCH_HYDROGEN_CAN_1_MOLECULE_OF_TOLUENE_CARRY_HOW_MUCH_TOLUENE_IS_N

1 week ago

targetinvest

Join my telegram to get more latest and fastest news update for free

1 week ago

Amazonboy

This Q expected higher loss...makes 9Q in a row loss making....dont blow water....Lol

1 week ago

kl_guy

pls sell , if not how syndicate going to push up higher.

1 week ago

jinxstock20

What's your TP on LCTITAN, targetinvest? 🙂

1 week ago

DividendGuy67

LCTITAN + 5 sen. Nice. Thanks to LCTITAN and 24 other green stocks offsetting reds, my portfolio made a new all time high again today, notwitstanding KLCI dips slightly. In fact, since I started tracking manually since Oct 2023, today's gain is the highest ever gain from previous high. Thank-you LCTITAN and thank-you Mr Market!

1 week ago

targetinvest

My target for immediate short term will be around rm 1.50 to rm 1.60

Then when factory utilization rate start to kick up (current is 65%), then will be able to go rm 3

1 week ago

kl_guy

look like rm 1.46 is near

1 week ago

lloydlim

Buying interests getting stronger recently, more to go!

1 week ago

babyuser111

lets go

1 week ago

Alex_Kho

ahhh. miss this one. good call @targetinvest

1 week ago

kl_guy

yahoo......rm1.46 coming

1 week ago

Jnlee

any new ?

1 week ago

babyuser111

seems like got news on green hydrogen or something

1 week ago

Yoong888

I hv told u. With Indonesia Line Project completed, value in LCTitan is attractive. Buyer is near. Keep accumulating. Price for a deal shd be close to NTA.

1 week ago

DividendGuy67

Nice. LCTITAN +13sen (+10.83%). Actually, today, my portfolio only have 15 greens and 25 reds. However, thanks to LCTITAN big move, my portfolio made new all time high again today! Thank-you LCTITAN and thank-you Mr Market!

1 week ago

Davidl

Uptrend towards 1.50

1 week ago

nasgee

yuppp vroom soon...LU

6 days ago

kl_guy

today volume is small compare to yesterday. this is a good sign . big boy still holding , the game is on.

6 days ago

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