The tin price chart surge like rocket, today break the new high and now challenging a higher new high again

I am very excited to see the next quarter results

Tin price breaking new high again

Tin price now is green and yesterday closed green also, and MSC still keep earning the higher tin price, just market sentiment not good

Btw I am very excited to see the next QR results ~~

Ya need wait profit taking 1st

The tin price green again... look like everyday green which is crazy... if you look at it 1 year / 1 month chart definitely like rocket

Actually all the other commodities super cycle themes company don’t own the mines except MSC , which they processing these aluminum or metal but the earning is lessen compare to MSC

The tin price everyday up at least 2% , which is damm crazy.... faster than glove ASP

haha most people dunno know about Tin and this company...

as this company slept long long time....

and most people dunno Tin actually play a pivotal role in semiconductor, 5G, EV and solar energy field...

Now this stock still good as most of them are smart money....

When price go to RM5 or RM10.... then many speculator will come in liao... like supermax :D

Too happy to see it drop... But why stopped....I wish drop more to add some...

This is the 5th supercycle for commodities in 100 years, at least last 5 years.

The MSC tin price sold USD 17,550 at 2 Nov 2020, now 22 Feb USD27,000...
27000/17550 = ASP up 54% QoQ

https://www.mtpma.org.my/index.php/statistic/2014-07-07-04-56-57

This actually up faster than glove in year 2020 lolf...
The earning is crazy as previously all the mining margin is very less...

eg;

Previous : Revenue RM1, Cost RM0.95, Earn RM0.05 (I see roughly 5% margin in history)
Now: Revenue = RM1*1.54 = RM1.54 (ASP up 54%), Cost RM0.95, Earn = RM0.59

RM0.59/RM0.05 = 11.8x increase in profit.... which is crazy like supermax. And I see the Tin ASP still keep going up :D

It breaking new high again now =.=''

later you can witness it .

To Brookenzo,

Nah give you the link:

https://www.investing.com/commodities/tin

Yup, definitely will be top glove scenario...

But I hope will be supermax scenario :D

The tin price is crazy man.... now breaking new high...

I predict eventually it will go beyond USD 50k end of this year...

Mark my word :D

But please keep low profile ya guys....

Later glove counter people come in will mess up the situation =.=''

ASP increase is pure profit.... as no extra cost is need....

Glove counter taste it before...

now Tin Counter turn...

MSC world 3rd largest Tin producer :D

Yunnan Tin world 1st largest Tin producer, 2 consecutive day limit up at open market...
people no chance to trade at all...

actually the quarter results quite easy to predict by looking at this.....

https://www.mtpma.org.my/index.php/statistic/2014-07-07-04-56-57

“Looking ahead, we are positive on the outlook of the MSC Group driven by our rationalization efforts and the interest in the tin industry. For 2021, we are already seeing tin consumption recover with LME 3-month tin price soaring to seven-year highs of USD23,443/tonne in February 2021 as supply strives to meet demand. Various factors, such as increasing sales of electronic devices due to work-from-home arrangements as well as growth of electric vehicles, have boosted demand for tin. This bodes well for MSC with high tin prices benefiting our tin mining and smelting divisions. The commissioning of the Pulau Indah smelter is timely as we are well positioned to capitalize on the rising tin demand.”

From the Quarter Report

now Jan-Feb average tin price RM105k = 48% ASP increase compare to last quarter :D

And the Tin price still increasing...
I expect it will break all time high as demand increase, since EV. semiconductor, 5G, green energy sector are boomming.

typically like "supermax" or "topglove" counter ~~

ASP power!

China Intco keep break new high record and today up 10%++ yet....

Our malaysia glove stock still keep getting RSS to press down...

soon Intco market capital will surpass TG...

What is malaysia stock market ....

Bursa took down the net short position pdf already.......

what it means, anyone can guess...

Where to find net short position ?

>> Bursa took down the net short position pdf already.......

其实不是Tan Sri 的SBB 对股价没见效， 是因为被Short 消化了， 等哪天IB 买回哪些short shares 时，Tan Sri 的SBB 就见效了

you know what, the biggest positive news for TG is not vaccine fail or what.

Is the moment when these IB need to buy back their incredible short-selling shares toward TG!

https://www.facebook.com/Superbullklse/posts/136780911572211

understand more about new rules in PSS...

people Intco Medical keep breaking new high, our Malaysia glove company still playing with these IB...

The press statement purposely mention this >>

" Top Glove urges all media to honour the principles of ethical journalism by verifying the news they publish and broadcast, enabling their readers to have access to accurate, balanced and transparent reporting."

Haha

https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/WebEvent/UploadItem/EventDocument/c0e356be-1145-493b-81a7-4f717e321b9d_en.pdf

great management, so fast response to the cases with such long statement in all aspect

Ha...ha...now can do short selling meh??

LOL..... >>>

IB always can de, our retailer cant.

you can always check the short sell listing pdf here.

https://www.bursamalaysia.com/market_information/market_statistic/securities

What if Monday local funds push the price back up, instead of letting JP Morgan and foreign funds to collect cheap? >>>

Then they will incur loss, as you can see how much IB had short sell TopGlove, but the price just drop little due to our awesome Tan Sri Lim, and some other institution or smart retailers.

When the IB forced to buy back these short selling share, then the price will surge up like before.

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

http://www.aastocks.com/en/funds/quote/quote.aspx?funds=1127

Dont worry, JPMorgan Malaysia will release news and let you guys run first before selling his top holding asset at cheaper price :D

"Dont hear what they said, but see what they do"

Good indicator

if from technical chart perspective, today price and volume is a very good formation

Omg.... this is damm fucking good QR result despite the pandemic

NP margin still 33.73%

glove can sell as we are the glove industry leader

I am surprised that IB didn't press down the closing price....

all US theme park and airline stock falling. ..

to be honest current price already factor in the vaccine development in future, as most of the report expect end of FY2021, all will back to normal.

So the question we should ask is, do the vaccine news will accelerate our pandemic recovery from end of 2021 to mid of 2021??

now all market sentiment cold down already for the good vaccine news...

It is just like last time when china make announcement about their vaccine for emergency use...
Or Russian vaccine news.

happy 1 day then all back to normal...

I expect future many vaccine candidates will report their progress also... which glove stock can start immune on it....

dunno why suddenly I wish tomorrow supermax open low... so that I can collect some cheap ticket... Zzz

mercator WA from -20% come back to nearly -2%......

so nice market..., for those buy at low can instantly gain 20% profit....

what!?? only 7% drop?

last time margin call down, even worst than this.

All bad new come to this stock already, what to come now :D

are more vaccines going to intro to the world ??

If not more bad new..., then this is the bottom price that it likely to be

seem like same case as last time russian vaccine news :D

If tomorrow big drop, I will top it up more.

whole bursa malaysia depend on TG share price....

dunno why supermax cant walk it standalone price trend...

all glove stock.. get tied with TG performance, TG up only other glove stock can up... damm

close green at 9.47... thanks god...very good stock in bursa malaysia

the 5k lot buying power never finish..... after selling pressure digested, it pop out again....

The fund really rich enough...

I wonder who still want to sell.... uncle , aunty ka?

today can close 9.5 then good enough