Lotte raised RM4bil in the IPO, which was RM2bil less than the earlier envisaged amount of RM6bil. (File picture shows: President and Head of Chemical BU Huh Soo Young point to the Bursa chart at listing ceremony of the company at Bursa Malaysia on July 11,2017. Looking on were President and CEO of Lotte Chemical Titan Holding Berhad Dr Lee Dong Woo and Chairman Lotte Chemical Titan Holdings Berhad Tan Sri Abdul Rahman Mamat.
PETALING JAYA: There seems to be a disconnect on what analysts feel towards Lotte Chemical Titan Holding Bhd
and what market participants actually think of the stock.
On one end, analysts are overwhelmingly bullish on the counter, with all eight research houses covering Lotte recommending a “buy” call on it.
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