MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.69

Today's Change

-0.05 (1.82%)

Day's Change

2.67 - 2.73

Trading Volume

754,700


8 people like this.

4,879 comment(s). Last comment by speakup 3 days ago

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Relax bro...
Nothing goes up in straight line la...
U sell n fuk off
I will buy from u ok 🤣

Star8888

353 posts

Posted by Star8888 > 2 months ago | Report Abuse

TIn price drop again.

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Top up yesterday
Today all in
Huat ah

zildjian

29 posts

Posted by zildjian > 2 months ago | Report Abuse

.my MSC 2.800 = $0.800 sing dollar only

Posted by diuleiloumei > 2 months ago | Report Abuse

Holland

Star8888

353 posts

Posted by Star8888 > 2 months ago | Report Abuse

Tin price big drop last night. Better sell MSC.

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Thank you for selling to me at 2.77 and 2 76 today guys
Really appreciate it

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Bless those who sell to me 😍

Posted by diuleiloumei > 2 months ago | Report Abuse

So what ? Tin keep dropping

4dking777

400 posts

Posted by 4dking777 > 2 months ago | Report Abuse

highest dividend payout in 8 years, gogogo

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

blessing shall be upon the head of him that selleth it
For those who sell it at a cheap price must be generous and kind to allow another to gain such profits.
AND I SHALL BUY IT

cch1042

10 posts

Posted by cch1042 > 2 months ago | Report Abuse

@4dking777- how much is the dividend and when is the ex-date ? tq

Posted by GreenMinerMSC > 2 months ago | Report Abuse

In yesterday's Star article, UOB KH has forecasted full year earnings of M$165 mil to M$183 mil. Divided by 420 mil shares outstanding that comes to M$0.39 to M$0.43 EPS. So it currently trades at a forecasted PER of just 7.46X to 6.77X !!If these earnings do materialise, the company can upsize the dividends to say 20-25 sen , making the yield highly sought after by insurance companies, retirees and pte banking clients. The silver lining could be a sizeable bonus issue like 1: 1 to improve the liquidity in the stock and allow hedge funds, mutual funds , ETF managers, Commodity Funds SWFs, etc to come in and take out the selling from the retail shareholders who might decide to dump the bonus shares. Truly exciting times are ahead. But the shares need a re-rating from research houses to enjoy a higher valuation. At the moment only, UOB KH, Malacca Sec and Kenanga cover the stock. Hopefully more will discover this dividend rich gem.

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

😁

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Again guys thanks for selling msc to me cheap ya.
God bless😁

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

Dont worry ya rm6 to rm8 i will sell back to you😉🤣🤣🤣🤣🤣

skyjet

533 posts

Posted by skyjet > 2 months ago | Report Abuse

Buy back some MSC, tin price rebounding.

Posted by GreenMinerMSC > 2 months ago | Report Abuse

Results out on Fri 24.05.24

Posted by GreenMinerMSC > 2 months ago | Report Abuse

LMEselect Tin 3 Month, USD/mt
LMEarrow
Latest:33,855
+489 (+1.47%)

Posted by GreenMinerMSC > 2 months ago | Report Abuse

☝️ Uptrend forming after some consolidation. Looks like it’s targeting to clear the intra day high of US$36,000 and head to US$41,000 next target. ( 36k - 27k start of upmove = 9k. Add to breakout point - 32k . Draw a downtrend line from 36k high to 30k low to see where the breakout point is )

Posted by GreenMinerMSC > 2 months ago | Report Abuse

MSC slowly creeping up . Now facing big seller at 3.10 !!

Posted by GreenMinerMSC > 2 months ago | Report Abuse

MEselect Tin 3 Month, USD/mt
LMEarrow
Latest:34,350
+984 (+2.95%)

Posted by amzrisml > 2 months ago | Report Abuse

can MSC settle at RM3 now? or it will go below 3 back?

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

😁

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

AS SURE AS WE ARE THAT THE SUN RISES IN THE EAST AND SETS IN THE WEST
WE CAN BE SURE MSC WILL GO TO NEW HIGHS 😂😂😂😂

KClow

1,223 posts

Posted by KClow > 2 months ago | Report Abuse

MSC=YTLPOWER 3.0

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

bought msc at 2.83

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

added more msc at 2.85

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

sold back at 2.93-2.95

Dehcomic01

318 posts

Posted by Dehcomic01 > 1 month ago | Report Abuse

Bursa Malaysia Malaysia Smelting Corp (MSC), is one of the world’s leading integrated producers of tin metal and tin-based products.
If you consider its net assets, about 2/3 is deployed for its smelting operations with the bulk of the balance for its tin mining operation. But when you look at the PBT over the past 12 years, 4/5 was from the tin mining operation.
Is this then a smelting company with a tin mining arm or a tin mining company with a smelting arm? This has implications for its valuation.
If this was a tin mining company, you would value it based on its tin reserves. If it was a smelting company, you would valued it based on its tin refining business. So what is the appropriate way to value it?
For more details on MSC, refer to
https://www.youtube.com/watch?v=A3u4mdV4fo8

0PTech

7 posts

Posted by 0PTech > 1 month ago | Report Abuse

Relax bro. Next call will be at 1.680. Dun nid to rush the market

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

bought msc at 2.63-2.65

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

sold at 2.68-2.70

Posted by amzrisml > 4 weeks ago | Report Abuse

i have question to @hng33, would you make profit and be able to offset the costs by selling the stock with small margin?

fregend

511 posts

Posted by fregend > 3 weeks ago | Report Abuse

why keep dropping?

stainlyho37

2,266 posts

Posted by stainlyho37 > 3 weeks ago | Report Abuse

watch out.!.collect some...

fregend

511 posts

Posted by fregend > 2 weeks ago | Report Abuse

Price been surpressed too much

Posted by GreenMinerMSC > 2 weeks ago | Report Abuse

MSC had run sharply ahead of 1Q2024 results, which would not have been able to match the superb results of $36mil in 1Q2023. Tin prices in the 1Q2024 were subdued at 25k-26k oer ton. So those who sold into that powerful move did well as the results were only $18 mil profit for 1Q2024 ; 50% lower than 1Q2023 !! But since end March 2024, tin prices have skyrocketted to 32k-34k per ton, and now doing 33,300 per ton. Meanwhile the stock collapsed from 3.47 to 2.48 , a drop of $0.99 in one month !! So now is a good time to accumulate after a big fall in share prices and a sharp increase in tin prices for the 2nd Quarter 24 , to anticipate a good 2Q2024 result out early Aug 2024. The following insights were announced/revealed/noticed during the Conference Call shortly after the 1Q 2024 results :
1 Tin division profits will be higher from higher tin prices
2 Sale of slag will bring in maiden revenue from new source
3 Smelting of intermediates going on with earnest.
4 Smelting of in house tin will provide good revenues
5 Smelting of 3rd party local sourced tin also going on
6 Smelting of foreign imported tin (from Congo etc ) resumed providing smelting division with good business
7 The decommissioning of the Butterworth smelter will reduce MSC's overall costs by 30%. Sure to be a positive boost to the bottomline.
The 2Q2023 net profit was $28 mil.
I believe with all the positive catalysts mentioned above, the 2Q2024 net profit should be higher than 2Q2023.

hw0706

783 posts

Posted by hw0706 > 1 week ago | Report Abuse

FV shall be below 2.40.

KClow

1,223 posts

Posted by KClow > 1 week ago | Report Abuse

w0706

FV shall be below 2.40.

19 hours ago

PLZ DONT TALK KOK HERE LA

Posted by GreenMinerMSC > 1 week ago | Report Abuse

Somebody makan 130k at 3.00 in one order !! Got committed bull entering the stock 😀

Posted by GreenMinerMSC > 1 week ago | Report Abuse

If it clears 3.47 recent high , will head to close the gap at 3.89

Posted by diuleiloumei > 1 week ago | Report Abuse

If...if...if....

serbatipu

330 posts

Posted by serbatipu > 1 week ago | Report Abuse

Tin price drop liao

VincentTang

1,200 posts

Posted by VincentTang > 1 week ago | Report Abuse

Tin price big drop to 33568 now

Posted by GreenMinerMSC > 1 week ago | Report Abuse

Looks like MSC stock price is following Tin's price very closely 😏. Malacca Securities report mentioned that we are in a commodity upcycle , that should be positive for MSC. Also the US$ is in a gradual spiral downwards with Powell signalling US rate cuts looming in the horizon , and since commodity prices move inversely to the US$ movements, tin is poised for better days ahead. Stay tuned for more exciting updates as we keep an eagle eye for fund flows out of the US mkts to the deeply undervalued Emerging Mkt space.

VincentTang

1,200 posts

Posted by VincentTang > 5 days ago | Report Abuse

Tin price big drop to 32827 now

VincentTang

1,200 posts

Posted by VincentTang > 3 days ago | Report Abuse

Tin price big drop to 31708 now

speakup

26,084 posts

Posted by speakup > 3 days ago | Report Abuse

Aduh!!!!!
Boo chow

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