Come on.People going to sells it for 1 quarter of bad result.As usual.Things may take time to normalize.I do not buy it yet but may consider to buy it by setting prize out.Never underestimate the Korean owned company Lotte.I see it as at least at least Rm 5.50 before Feb next year(2018)
Lol.2 foreign house and 1 local house give upgrade after wht i write.13 days or less earlier then them.I will say above rm 9.00 in within one year.LC Titan is power up.There playing too safe.
能上到多少呢？
LC titan facility in Pasir Gudang is burning.. Gonna really hurt the output & revenue. Seems like this counter is haunted.
People is over react like to whole plant shut down.No its not but the new plant TE 3 tht operation not yet begin get stop work order.Its a bargain now.Lol.Still maintain the target of over rm 9.00.
Things seem settle down.Pet Chemical its already over rm 8 with big number if shares.Lotte still at Rm 5+ with Lower number of shares than Pet Chem.The shares prices Seem at a Big gap of Rm 3+.Its price should reduce the gap or higher than Pet Chem if result are good for 2 consecutive quarter.Maintain > Rm 9.The TE 3 projects is done.
Profit margin up.Hopefully it can maintain goes to 15-25 % range.Oil price down,TE3 is done.Hopefully next 2 quarter of 2018 will be in 400-550 million net profit.Barring any Big mantainance.My forecast is Based on number if share 2.3 billion.
Resistance just broken.
Good buying opportunity.
Target rm 6.60.
Good luck.
