close gap is for sure

https://www.youtube.com/watch?v=07e2oQDAVsY

next week should rebound to 1.6

follow uem ,to the moon

yah, especially those know nothing about Myanmar, Indo and Peru

Peruvian protesters on Wednesday reignited protests demanding early elections and the resignation of President Dina Boluarte, months after more than 60 people died in similar mobilizations.

Why it matters: This time around, the protests were called for and coordinated by mine workers and unions, who've threatened a work stoppage to exert pressure. Mining is a major contributor to the economy of Peru, the world's second largest producer of copper.

good closing, next155

https://www.tradingview.com/chart/mgDGRZGu/?symbol=TWSE%3A3305

Taiwan Tin stocks that always same patterns as MSC , today up another 10%

Buy Q 500 sell Q 6000. keep reject weak hands.
19 July Peru protest , 1 August Myanmar ban ex, dollar fall, last rate hike, perfect storm for tin to the moon

tin price is inversely correlation to USD index. Recovery of Tech increase tin demand. Myanmar ban tin export on August. Indonesia may ban tin export at any time. Msc will shut down Prai factory. Msc had increase mining output about 67%. Fair value for msc is 3.13 if Tin price 24650. Any surplus from 24650 is purely extra profits.
Higher volume X higher ASP = ?

Nickel exports were banned in January 2022 and bauxite shipments followed on June 10. Tin and copper bans are scheduled to come next.

sell Q 5000 Vs buy Q 500 , retailers dare to buy?

Yah , after this CPI , Many superrich ppl will transfer their money back from oversea. No more high interest no more USD advantages , RM will rise. They will change their USD to MYR and buy cheap klse stocks. State election is the last block for them.

Take the height of triangle starting August 5 2022 , msc should reach 3.5.

Cash flow hedge – net fair value gain/(loss) on
derivatives used for hedging (net of tax) 450 m if realized in Q2 , Q2 PAT should be very juicy.

is all about ASP , 2020 Glove 2021 steel , 2022 Refined oil and Tin , 2023 , Tin again
If you have missed Topglove, supermax, Hengyuan , petronm , masteel ,
still want missed msc?

Buy Q 600 , sell Q 3600 , really hard to make a buy , maybe wait for a cheaper entry?

https://www.nst.com.my/business/2023/07/929890/kl-singapore-high-speed-rail-project-revival-soon

time to rebound

warming up , going to explode?

take over MRCB! next tp 0.4

bullish

msc vs dialog, which one reach 2.4 first?

msc vs dialog, which one reach 2.4 first?

Tin supplies could dry up if Indonesia executes a rumoured ban on shipping tin ingots
Myanmar’s Wa State has already moved to curb the export of what amounts to around 10% of tin concentrate supply globally
Fitch sees prices 25% higher this year and almost doubling to US$45,000/t by 2032

Tin is about to be a very hot commodity, with one forecaster upping its prediction for the spice(y) metal up a whopping 25% for 2023.

It comes as Indonesia and a semi-autonomous state in Myanmar called Wa, not to be confused with the soon to be former Premier Mark McGowan’s all conquering rock-shipping empire of WA, make cartel style moves that will take a big chunk of supply from the market’s leading exporters out of the market.

Fitch Solutions reckons the tin price could avoid the slump facing other battery metals in 2023 on the back of (unconfirmed) news Indonesia could ban partially refined tin ingots from export from June, and a mining ban in the Wa State that could see 10% of tin concentrate supplies and much of China’s feedstock stay in the ground.

That has prompted its analysts to lift prices from US$20,000/t to US$25,000/t for 2023, a 25% lift.

But unusually for commodities forecasting, its long term price assumptions for tin — based off a looming supply cliff and rising demand from electronics (around half of primary tin supply goes into lead-free solder), EVs and solar panels — are extraordinarily bullish.

2023 forecast tin price 24650. average price up to end of June is 26000.

We project FY22-FY23 net profit estimates of RM152.3m-RM127.3m
(vs. RM118.1m actual net profit in FY21) based on 2022/2023
consensus tin price forecasts of USD31,784/USD24,650 per MT.
Valuations and recommendation. We value MSC at RM3.13
based on DCF (WACC: 8.1%; TG: 2%) which implies FY22E PER of
8.6x. There is no adjustment to fair value based on ESG (3-star ESG
rating as appraised by us).

If fair value of MSC is 3.13 at tin price 24650. What is her fair price should be now?

Firstly, MSC
could raise its mining output by 67% to 15MT/day in FY23 from
9MT/day currently by exploiting the eastern boundary of its existing
tin mine in Perak, which would be made possible with the
acquisition of neighbouring land

With the operation in the Pulau Indah (“PI”) plant, using newer and more efficient technology on
target to achieve higher capacity and full commission in the near future, and with the planned closure
of the old plant at Butterworth, the Group expects higher operational efficiency, lower operational
and manpower costs, while reducing its overall carbon footprint.
For the tin mining segment, the Group continues to focus on improving and increasing daily mining
output and overall mining productivity. Recent acquisition of an adjacent mining landbank allows the
Group to expand its mining activities and potential tin resource within its current mine vicinity.

might hover in range 2.2to 2.4 for this months. flash out contra or weak players

US in correction, Coming state elections , rate hike , both not MSC business. MSC totally drive by tin price. looking for safe heaven to secure profits in this volatile market ? no more 2++ in August

msc is safe heaven now, immune from the state elections as msc will be push up by tin price . After Myanmar ban, Tin price might break 37000 sending msc to 3.20.

27950 3 month high. after Myanmar banned , sky is the limit

The China Federation of Logistics and Purchasing announced on July 5 that China's commodity index has risen for two consecutive months, showing that as the domestic economy maintained a recovery and development trend, the demand for commodities continued to recover.

Business activities such as procurement and production were active. In June, both supply and demand in the domestic commodity market were strong". The China Commodity Index was 102.8% in June, up 2.1 percentage points from May.

get what project also useless, is downtrend

cut lose de 被割韭菜了

mrcb will follow

hng33 , this round what is your TP?

27400 bull is warming up for a big rally

"In the case of tin, a restriction from Indonesia, in conjunction with the banning of mining in Myanmar's Wa region, is likely to lead to a surge in global tin prices," Chowdhury said. "We are thus more positive towards foreign investment into the tin sector ... but highlight a slowing global economy and tight credit regulations worldwide that could delay or hamper success.

first TP 2.4
year end TP 3

PETALING JAYA: MyHSR Corporation Sdn Bhd (MyHSR Corp) has appointed Fauzi Abdul Rahman as its new non-executive chairman, effective last Thursday (June 22).
In its statement today, MyHSR Corp said that Fauzi will provide strategic guidance and support to the board, especially in assisting the government to fully privatise the high speed rail project through a private financing initiative.


CEO Ismal Kamal said Fauzi’s long history of astute leadership and unwavering commitment to positive growth will strengthen the group’s resolve in bringing the project to fruition.

Come back in August 2.55

hengyuan operator always press share price down to the fear zone. kills most of the retailers. they do it especially they found hengyuan will deliver good result soon. same tactics as 2020 Oct and April 2022. avoid this stock until it stop bleeding.

https://www.metal.com/Tin/LME_SN_3M?type=1%20Day

https://www.metal.com/Tin/sn2308?type=1%20Day

if Russia crisis turn worst, oil production will drop and lead to a jittery oil market with a likely spike to $90/b

Russia issue if turn worst will rise the oil to 100++

big guy accumulate slowly, next month big show

3.13 broke, 2.55 soon

coming 2.55 and V shape rebound if Q2 turn black