Posted by pingdan > 2017-02-28 11:59 | Report Abuse

tak tau management buat apa punya. Tin price high also not good result. Tin price drop also not good result. Diu..

Posted by LA777 > 2017-02-28 12:00 | Report Abuse

OMG!

Posted by LA777 > 2017-02-28 12:00 | Report Abuse

Die liao!

Posted by limch > 2017-02-28 12:02 | Report Abuse

Right move. Wait for RM 3 or even lower.

Posted by pingdan > Feb 28, 2017 11:59 AM | Report Abuse
tak tau management buat apa punya. Tin price high also not good result. Tin price drop also not good result. Diu..

Posted by PlsGiveBonus > 2017-02-28 12:11 | Report Abuse

@@

Posted by pingdan > 2017-02-28 12:14 | Report Abuse

Cannot understand why their management so bad.. after u minus extraordinary item such as impairment of trade receivables, loss on forex, gain on disposal and reversal of tax computation. Their result still near to 5sen.. Haiz why their management doing such a bad job...

Posted by nicky11 > 2017-02-28 12:15 | Report Abuse

If tin price not high in last quarter, maybe negative earning will reoccur. @@

Posted by pingdan > 2017-02-28 12:15 | Report Abuse

Die then die ba. This one die until i dun know why i die...

Posted by pingdan > 2017-02-28 12:16 | Report Abuse

if forex loss make the company loss i can understand... why now cost increase but they didnt even selling at a higher price? Curious...

Posted by pingdan > 2017-02-28 12:17 | Report Abuse

Anyway now RM3.64 which is near to PE10 so i dont tink will drop further...

Posted by nicky11 > 2017-02-28 12:23 | Report Abuse

Only good thing is they start to pay dividends. However, it can't cover the market disappointment.

Posted by Blue Planet > 2017-02-28 12:30 | Report Abuse

Shocking result & expected price fall, wish all will recover back soon.

Posted by Blue Planet > 2017-02-28 12:31 | Report Abuse

Tin price up also can't make good profit, what if tin price drop or remain flat?

Posted by paperplane2016 > 2017-02-28 12:58 | Report Abuse

ADD little today. RM0.08 sens, little but good start. Hope it can slowly improve.

Posted by Flintstones > 2017-02-28 13:25 | Report Abuse

Holland!

Posted by by88 > 2017-02-28 13:32 | Report Abuse

management dint mention how much impairment they made on the receivable.
lastQ receivables: 60m
thisQ receivables: 43m

Posted by kennykein > 2017-02-28 14:14 | Report Abuse

impairment of receivable meaning bad debt ? if not have a tax refund from Philippine company . the lost will be worst .

Posted by moneySIFU > 2017-02-28 14:59 | Report Abuse

Seldom see that much of bad debts provision, management get conned?

Posted by by88 > 2017-02-28 15:36 | Report Abuse

around 14m receivables impairment for this quarter. So coming year will be all good with all those impairment done in FY16?

Posted by nicky11 > 2017-02-28 16:03 | Report Abuse

No idea how the management can lead to such huge receivables impairment. This stock always have this kind of surprises to block its growth.

Posted by Icon8888 > 2017-02-28 16:05 | Report Abuse

I cut loss. Walk out with a lame

never mind, this is part of punting

some win some lose

Posted by Blue Planet > 2017-02-28 16:16 | Report Abuse

LIfe is always up & down, nothing is guaranteed when come to investment.

Posted by Blue Planet > 2017-02-28 16:18 | Report Abuse

But there are more land mines than gold mines in Bursa, eyes wide opened

Posted by KLCI King > 2017-02-28 16:21 | Report Abuse

Lousy management in dead old company, always give bad surprise to shareholders, never do good to shareholders.

Icapital is also rubbish, gave so good rating for this company to ask people buy, end up it is holland call.

Posted by nicky11 > 2017-02-28 16:32 | Report Abuse

I cut lost at this morning. Good luck to all MSC shareholders. :)

Posted by Gen2 > 2017-02-28 17:29 | Report Abuse

It seems like not everyone know what actually the business model run by MSC as a century old company in the history of our commodity world.

Posted by LA777 > 2017-02-28 19:00 | Report Abuse

Sold!

Posted by paperplane2016 > 2017-02-28 21:28 | Report Abuse

If you noticed their past practice, always impairmentI,then reversal of impairments. To lower down profit?

Posted by MrKiasu > 2017-02-28 22:10 | Report Abuse

What is "impairment of receivable"? Bad debt?

Posted by pantor > 2017-02-28 22:14 | Report Abuse

Sold with small loss. So much uncertainty. We don't know if after 3 months there is some more impairment

Posted by lizi > 2017-02-28 22:32 | Report Abuse

this company really geng, the way they write the current year prospect is like as if they want u to dump the share. no sweet talk or comfort talk at all.

B11. Current Year Prospects
Although tin prices have improved, market conditions remain challenging as the global
commodity and resource sectors are still volatile.
The Group’s financial results will continue to be impacted by tin price and foreign
exchange fluctuations.

Posted by IamGoogle > 2017-02-28 22:35 | Report Abuse

Singaporean... remind me of Sam Engineering... very difficult to earn money from them but they will make money out of us.

Posted by cheoky > 2017-02-28 23:37 | Report Abuse

Yearly basic is an improvement result, tin market supply vs demand remains in multi years deficits officially, demand of tin touch wood is indefinately right not wuthstanding qty, start of a dividend payout, relatively cheap vs other refiner macam guan chong but v better balance sheet itself. Key should be the tin price n china. -ve should be ermm....unofficial stock, high inventory cost vs current selling price should smooth out by own tin mine. Maybe i m bias...

Posted by pantor > 2017-02-28 23:43 | Report Abuse

The share price had gone up too high in expectation of an excellent result

Posted by cheoky > 2017-02-28 23:52 | Report Abuse

Currently yes. In one year, good things on msc still possible provided parameters above holds...if otherwise down lo but gpis guessing limited. World second refiner le

Posted by KLCI King > 2017-03-01 01:30 | Report Abuse

MSC is today top loser, so many rubbish & hidden bombs inside the company, continuously 3 quarters kena bomb, very badly managed company

Posted by christophertopher > 2017-03-01 20:42 | Report Abuse

所以收票要找的是低价位。RSI 30% 左右才好买。
我本人最不会去买RSI 去到很高70-80%，除非公司盈利很保证和派吸引的息率（5%以上）

Posted by christophertopher > 2017-03-01 20:44 | Report Abuse

又或者有大量资金买入，要提高价位。
留意GLC 股。

Posted by cheoky > 2017-03-07 11:38 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/06/msc-set-to-ride-on-global-tin-prices-recovery/

Posted by alfredbeh > 2017-03-09 12:35 | Report Abuse

Game over for MSC...anymore interesting write up to boost this counter?
Anymore tin stories?

Posted by MyGadangHuatBo > 2017-03-09 20:13 | Report Abuse

MSC hapis wayang, tutup kedai liao, sayurana, paperplane2016 also never come here already

Posted by nightkid123 > 2017-03-13 14:45 | Report Abuse

From what i gathered,

1 - Yunnan tin -ve P&L 16b market cap
2 - MSC +ve P&L 357m market cap
3 - PT Timah -ve P&L 2.4b market cap
4 - Minsur S.A -ve P&L 3.9b market cap

So pathetic MSC ?

Posted by paperplane2016 > 2017-03-13 14:51 | Report Abuse

MSc should give more div.their cash flows so good

Posted by cheoky > 2017-03-13 15:20 | Report Abuse

ma hold lo. tin price ding ding dong dong at usd19000. MSC got tin mine some more. Officially multi years of under supply vs demand. Stockist got so so patient to hold unofficially stock for years to wait for USD25000 to sell its stock? I doubted...just my 2 cents.

Posted by skycity6888 > 2017-03-13 15:38 | Report Abuse

Paperplane sifu, is China really or unofficially cancel tin export tariff?. This will affect the demand/surplus of tin the world. Usd19k wont hold up long.

Posted by MRapolo > 2017-03-13 15:58 | Report Abuse

tin price below 18000usd indonesia will stop export...

Posted by cheoky > 2017-03-13 16:05 | Report Abuse

Tariff cancelled. But I also a bit puzzling on why Shanghai tin is selling USD about 21000. Lme is selling usd19200. Might as well flood Shanghai market. Any reason for this discrepancy?

Posted by Henry Tan Chor Heng > 2017-03-13 17:37 | Report Abuse

paperplane sifu, u still holding on this counter?

Posted by cheoky > 2017-03-16 15:55 | Report Abuse

Should be 630 not 360

Posted by joekit > 2017-03-17 09:44 | Report Abuse

tin price phooting up! apahal?!