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Overview
Financial Highlight
HeadlinesBusiness Background Lotte Chemical Titan Holdings Bhd is a petrochemical producer. Its products include polyolefins, comprising of polyethylene and polypropylene and olefins comprising ethylene and propylene and other derivatives such as butadiene, TBA, benzene and toluene.
  shortinvestor77 As at 31 December 2022, the Group has a cash and bank balances of RM1.32 billion. 31/01/2023 7:49 PM xcu843 Every quarter loss hundred millions, will this rm1.32 billion can last for how long? I guess one year only. 31/01/2023 7:55 PM  i3lurker looks like it will lose more than a Billion or maybe 2 B before it gets better 31/01/2023 11:29 PM 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} 31/01/2023 11:41 PM shortinvestor77 China market is open wide already. Cruel oil price is lower compared to before. Should be factored in already. 01/02/2023 10:15 AM 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" 01/02/2023 2:58 PM Jonathan Keung first thing in the morning sell...sell. next week can cover back the short position 02/02/2023 4:02 AM  8u29song vol is not alarming...just no choice some fun manager need to follow guideline.. 02/02/2023 9:46 AM 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 02/02/2023 1:38 PM shortinvestor77 You sell they buy. Research houses if so good should have been rich already. Don't need to do anymore research. Ha Ha! 02/02/2023 7:09 PM  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! 02/02/2023 7:14 PM 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 03/02/2023 10:15 AM stockraider U can be greedy now loh! This is a cyclical stock mah, when it cheap with no confidence u can accumulate loh! 03/02/2023 11:22 AM Plantermen Is there better options or more attractive play. You need to decide. 2 or 3 years holding is for serious investor 03/02/2023 12:25 PM 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 03/02/2023 3:26 PM 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 07/02/2023 10:35 AM 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. 07/02/2023 2:39 PM 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 07/02/2023 3:14 PM curiousq why this one losing heavily while Pchem profits? don;t the sell similarly products? 07/02/2023 4:14 PM 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. 07/02/2023 5:51 PM 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. 21/03/2023 7:26 PM 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 22/03/2023 3:20 PM 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 } 23/03/2023 11:42 AM 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) 23/03/2023 11:46 AM 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. 23/03/2023 7:32 PM swimvshark Oil price down is good for titan, and is floor price now. Just wait and fly 24/03/2023 12:01 PM  | |
