Highlights
KLSE: MSC (5916)       MALAYSIA SMELTING CORP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.66   -0.10 (3.62%)  2.64 - 2.84  1,890,600
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Overview

Market Cap: 1,064 Million
NOSH: 400 Million
Avg Volume (4 weeks):1,478,836
4 Weeks Range:2.10 - 2.86
4 Weeks Price Volatility (%):
73.68%
52 Weeks Range:0.675 - 2.93
52 Weeks Price Volatility (%):
88.03%
Average Price Target: 3.09
Price Target Upside/Downside: +0.43
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2020 [#4]  |  19-Feb-2021
Next QR | Est. Ann. Date: 31-Mar-2021  |  24-Jun-2021
T4Q P/E | EY: 66.08  |  1.51%
T4Q DY | Payout %: 0.38%  |  24.84%
T4Q NAPS | P/NAPS: 0.99  |  2.69
T4Q NP Margin | ROE: 1.93%  |  4.07%

Headlines

Date Subject
22-Feb-2021 Mplus Market Pulse - 22 Feb 2021
22-Feb-2021 PublicInvest Research Headlines - 22 Feb 2021
17-Feb-2021 热门股:马熔锡机构 上挑RM3.07
07-Feb-2021 [Humbled Investor] Malaysia Smelting Corporation - MSC
28-Dec-2020 [Humbled Investor] MSC (Malaysian Smelting Corporation) - World's Top 3 Tin Smelter in the World
07-Dec-2020 百年老店改革奏效 马熔锡重新出发
08-Aug-2020 Potential stock with Bright Prospect - MSC
29-Jul-2020 Daily Technical Highlights - (MSC,MUDA)
08-May-2020 [PART 1] Is tin mining a sunset industry? Here's 7 reasons why MSC will be a growth stock in near future

Business Background

Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.
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  7 people like this.
 
dalpinia 2nd reason to convert the prai land into commercial land which is similar to F&N Sg Besi (KL) which was very sucessfull to make the extra value to the company
05/05/2021 11:40 AM
Brookenzo It will be a tin mining and smeltering and property developer from next year onwards
Those who bought and keep are not going to sell cheap
The operators have take a lot a lot of the shares in market
Look at today market
It is very stable and green unlike most stocks which are red.
Thankful to the ceo leadership
Hope he bring lots of fortune to msc in years to come
05/05/2021 11:44 AM
Brookenzo Next breakout 285-292 which may come soon.
Then finally the maiden number 3 ringgit
Hold tight tight believers
05/05/2021 11:53 AM
Brookenzo 2.70 ringgit
Wooohoo
05/05/2021 12:59 PM
JSoang Ooi Tin price is crazy now..haha
05/05/2021 1:32 PM
Jimmy Lim RM3 ? = SGD 1, still cheap for singapore kia
05/05/2021 1:53 PM
Brookenzo One month 2 weeks left for operator to play to 5 ringgit for June end results
Waiting waiting waiting
05/05/2021 2:14 PM
james70 Flying now
05/05/2021 2:34 PM
Brookenzo Marky are you around ?
Lol
05/05/2021 2:49 PM
james70 The FOMO will happen once we break the recent RM2.85 - RM2.92 resistance.
05/05/2021 2:52 PM
JSoang Ooi lets break 2.94.. hehe
05/05/2021 2:55 PM
james70 saya sokong
05/05/2021 2:56 PM
Hafid dapat break kah. kalau dapat than kaya lah....kalau tak dapat than beli lagi dekat rm2.40
05/05/2021 3:00 PM
johnnygoodnews Rm5 for jiu hu kia.. hahahaaaa
05/05/2021 3:00 PM
JSoang Ooi Haha slow slow break ok dah..jangan cepat sangat..nanti turun lagi cepat..hahah..jangan skim cepat kaya..
05/05/2021 3:13 PM
Brookenzo It’s ok we have plenty of time to wipe 3 ringgit off
Let’s enjoy the upsurge
05/05/2021 4:21 PM
Jimmy Lim RM5 ? = SGD 1.7 singapore kia masih xleh kenyang
05/05/2021 4:39 PM
Jimmy Lim smelly smelly SGD 2.5 baru full
05/05/2021 4:40 PM
johnnygoodnews Tomorrow will fly to 2.88
05/05/2021 5:39 PM
Brookenzo Tin market closes at 10-year high of US$30,700 a tonne

Wednesday, 05 May 2021 1:15 PM MYT

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed at a 10-year high of US$30,700 per tonne today, rising by US$450 from US$30,250 per tonne on Tuesday due to stronger demand from buyers, a dealer said.

He said the last time the KLTM had breached the US$33,000 per tonne level was in April 2011.

"The significant price hike was also in line with the metal’s upward momentum on the London Metal Exchange (LME), ” he said to Bernama, adding that the tin price rose by US$1,030 to end at US$29,330 per tonne on the LME.

As such, the price difference between the KLTM and the LME narrowed to a premium of US$1,370 per tonne from US$2,050 per tonne on Friday.

The LME was closed on Monday for the Early May Bank holiday.

At the opening bell, bids stood at 450 tonnes, while offers stood at 13 tonnes.

The local tin market received buying support from the United States, Pakistan, Bangladesh, China, South Korea, Japan, Taiwan, Europe and one local seller.

At the close, turnover eased by one tonne to 17 tonnes, while bids stood at 17 tonnes and offers at 22 tonnes. - Bernama
05/05/2021 6:27 PM
FCTITAN Starting to be worried as following the tin expert on twitter, he mentioned that MSC is only having one furnace functioning, one out of five. I believe this is not good news :( dammit.
05/05/2021 6:56 PM
al8800 Tin (Demand >>>> Supply)

a. EV batteries
b. Semiconductors Industries
c. Solar

Tin is near future "Bitcoin".

Aluminum = PMetal

Tin = MSC , going to be next PMetal (Ringgit 10 before split), before end 4th quarter 2021
05/05/2021 6:59 PM
Hafid That is the set back of MSC. expert the share price to be drop again...until there can resolve the production problem than the high price of tin will not benefit them.
05/05/2021 7:06 PM
lotuseater It’s partly because of them that the tin price is high... even with one furnace, they are setting the price on their own terms.
The people in this forum are plain speculators who expect the price to go up every day and spooked whenever there is a slight hint of negative news.
05/05/2021 7:15 PM
FCTITAN Setting the price on their own terms is good, but only one furnace out of 5 is working makes me wonder whether the ASP is enough to cover the loss in volumes.
05/05/2021 7:25 PM
Brookenzo Please read:


Our view: In 2020, MSC produced some 22,400 tonnes of refined tin. The furnace issues at Butterworth are expected to delay some 500 tonnes of refined tin production. However, Dr Yong expects the combination of the Butterworth and Port Klang smelters to be more than sufficient to recoup the lost production. “Together with the five furnaces at [Butterworth], we should be catching up with the hiccups caused by the Covid and breakdowns. We are grateful to have very understanding customers who have been bearing up with the situation.”


So if you have missed the boat below 2.40 ringgit
Don’t come here and talk nonsense about it’s furnace failure la
The ceo datok already explained and he know more than all of us whether he can cover the Downtime.
And it’s not a big amount.
Spread fear no use one. That day one marky smart marky already said operator listened to him and sell down. Has been missing for days already now 2.76 and again when we hit 3 plus and profit taking he will come out again as usual.
Look at June result then let’s see whether the current tin price helps or not.

I am heavily vested and so I am biased but I have facts and basis to back up.
Tin price is up is due to the supply is super short and this will only be better til 2023.
Win or lose do own diligence
05/05/2021 8:20 PM
toto Brookenzo, thank you for yr sharing
05/05/2021 8:24 PM
Brookenzo Bro Fctitan
FYI
It’s not 1 furnace which is working .

In communication with ITA, MSC chief executive officer Dato’ Dr Patrick Yong explained that the different furnaces will come back online over the next month. “One of them will be up and running today and another in one week” he said. “The third is expected to be on line in a month or so.”

And they are ramping up Pulau indah
So? Is it a lot of downtime ?
Not really.

Cheers
My views are biased though but if you have been following how the operator collect since February till now you will know it is in better shape to move to a different ground than before when it started from 80 cent and crashed down.

I am waiting to see 5 ringgit minimum soon
05/05/2021 8:26 PM
Brookenzo Brookenzo Next breakout 285-292 which may come soon.
Then finally the maiden number 3 ringgit
Hold tight tight believers
05/05/2021 11:53 AM

My breakout range touched 286 and then profit taking and flushed 276. Will try again 285-292. If break, then 300 will break for sure right after
Shortists and naysayers will think otherwise
To each his own. Do your own due diligence
05/05/2021 8:53 PM
FCTITAN Before i start commenting, Brookenzo bro I want you to know that I am not spreading fear as Im holding shares of MSC as well, and similarly to you Im also heavily vested. These "facts" im sharing here are not for fearmongering purposes, Im just sharing my worries of the company, getting some info and opinion from yall.

The "facts" are from this guy--- @METhompson72 from Twitter, this guy is a guy who seems to be very knowledgeable in the tin industry, and many of his posts lets you know tin news faster than the news. I also know of the news which you are referring, which are dated 20/4 and his post is just two hours ago, which states that MSC is working on one furnace only. So, I'm quite worried for the long term as he mentions this will continue until the end of the year. Due to his words carry some weight, I'm abit shook by this news. All these will only be clarified by the upcoming QR, i doubt it will be lackluster since the disruption in these few months which the furnace was affected will not be reflected in this upcoming QR. But when the tin prices are increasing but the company isnt benefited by it due to its production problems, it really makes me worry.
05/05/2021 8:58 PM
FCTITAN I've PMed the guy, asking whether his news on MSC running on one furnace is the latest news or what. I also forwarded him the 20/4 Dato Patrick Yong's statement, just waiting for his reply.
05/05/2021 9:04 PM
Brookenzo Bro FC
I am not saying you are fear mongering and I referring to someone else you know I know has sold way back and now sour grapes want it go lower to his price to buy back
I am also showing what ceo is telling in interview
If an insider who is so accurate than the ceo
Then that insider should be ceo n that ceo should be giving false representation to shareholders
One must also not forget MSC is a tin miner and not a smeltering company alone
He already mentioned that they are ramping up Pulau indah to more than make up for it
Don’t forget Pulau Indah efficiency
Anyway the whole commodity super cycle will not run forever
It will stay awhile and still everyone must have own exit plans later on
One can never buy the cheapest or sell the highest all the time unless you are always lucky
05/05/2021 9:30 PM
FCTITAN Ah, I see, thought the gun was pointed at me haha. Okay, thanks for the words, but I'm also keeping this insider's words at the back of my mind too hahaha. Hoping for better. Cheers.
05/05/2021 9:51 PM
Ibelieve Are you guys aware that there is only one and only Tin counter in KLSE? So is it unique enough?
05/05/2021 10:13 PM
oohlala Brookenzo, thanks for pointing out the interview newspiece. i was worried as Fctitan too after knowing the furnance down issue. However, it seems that is quite normal for the old smelting plant.

Statements below from the CEO is self explanatory. He clearly mention one (of the down furnance) will be back into service on the day of interview, NOT operating one furnance only.

<<<
1) In communication with ITA, MSC chief executive officer Dato’ Dr Patrick Yong explained that the different furnaces will come back online over the next month. “One of them will be up and running today and another in one week” he said. “The third is expected to be on line in a month or so.

2) Dr Yong expects the combination of the Butterworth and Port Klang smelters to be more than sufficient to recoup the lost production. “Together with the five furnaces at [Butterworth], we should be catching up with the hiccups caused by the Covid and breakdowns.
>>>

For those who interested to read, please find the link below.
https://www.internationaltin.org/msc-furnaces-fail-amidst-smelter-move/
05/05/2021 11:02 PM
brian3381 Talk is easy. Comodity is cyclical. Once buble burst all metal counters masuk longkang
05/05/2021 11:36 PM
Brookenzo brian3381 Cyclical la tis one. Even tin px high oso cannot reach back 270
22/04/2021 7:44 PM


Welcome back Mr Brain!
We all know commod are cyclical business
We also don’t know when the super cycle will end but one thing we know for sure is it has closed at 276 which is above what you have posted 2 weeks ago.
Mmmmm...
Masuk sayang
05/05/2021 11:56 PM
JSoang Ooi add add... market so bad. hahah..
06/05/2021 10:29 AM
brian3381 dun be the next longkang like gloves
06/05/2021 1:49 PM
Hafid Share price up and down. Better drop again.
06/05/2021 2:10 PM
toto Qr is coming out soon, right ????
06/05/2021 3:43 PM
JSoang Ooi next month la.. haha
06/05/2021 4:21 PM
toto Thank you ah
06/05/2021 4:38 PM
oohlala QR should release by this month.
06/05/2021 4:40 PM
JSoang Ooi this month?hmm.. usually is june la.. haha i don think is good ideal to release this month.. hahaha.. climb up more first la..
06/05/2021 4:46 PM
JSoang Ooi brian u stucked in glove stock? hmm.. dropping coz asp decreasing ma.. come join us here.. asp increasing..haha
06/05/2021 4:47 PM
Brookenzo QR 22 June
We have one month 2 weeks plus to play
Cheers
06/05/2021 6:38 PM
wallstreetrookie QR out no time to run. Because good earnings already priced in lmao
06/05/2021 9:12 PM
wallstreetrookie Limited upside but strong downside. Still have meat on the table but do you wanna take the risk unless your entry price is lower than insider I am talking about price below RM1.4
06/05/2021 9:13 PM
Brookenzo Lol
06/05/2021 9:19 PM


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