Posted by cheoky > 2017-03-18 12:24 | Report Abuse

Pyschologically, how optimism is built into this share price? Zero. Why? I can think of probably is due to multiyears of negative bottom line. Which investment house wanna risk their reputation to cover this. Tread on a conservative path for own job security is better. Fundamentally, what happen to tin market? How is this management doing? Financial Report should give some clues. This gap should be source of opportunity regardless who is the stock holder.

Posted by goyangkaki > 2017-04-13 18:46 | Report Abuse

what happen to MSC?

Posted by cheoky > 2017-04-25 11:54 | Report Abuse

Dynaquest n Neoh Choo Ee is top shareholder le.

Posted by paperplane2016 > 2017-04-25 11:55 | Report Abuse

hehe

Posted by paperplane2016 > 2017-04-28 10:02 | Report Abuse

slowly up and up...........hehe

Posted by Lsk58 > 2017-04-29 22:06 | Report Abuse

Paperplane situ I'm new comer I m suppler for (RHB for 4yr n I'm confident for t new management

Posted by paperplane2016 > 2017-04-29 22:18 | Report Abuse

What you trying to say????

Posted by Lsk58 > 2017-04-30 11:17 | Report Abuse

Fr my infor fr d xmanager usd10000 for tin is still profitable for Msc bcos tin mined at rht are in rock form n very concentrate

Posted by paperplane2016 > 2017-04-30 12:46 | Report Abuse

Yes. I believe so. But they purposely Hide it. Look at cash flow. Super good. But they keep slashing the inventory fairvalue. As they like to compare quarter to quarter price movement. It is like share holdings. Mkt price up and down, but your buying cost so low one....

Posted by leelc70 > 2017-05-02 14:39 | Report Abuse

8 cents div payout after many years not div declared. It shall benefit from the hike in commodity global. Breakthrough RM4 again shall turn back to buying mood again

Posted by cheoky > 2017-05-03 00:08 | Report Abuse

aluminium goreng, steel goreng, bila this one.

Posted by leelc70 > 2017-05-03 13:45 | Report Abuse

2016 earn 30+ sen and expected 2017 can earn 40+ sen/share with the new plant at Pulau Indah for new technology in purity tin, lower cost, higher production and better pricing.

Posted by cheoky > 2017-05-03 21:07 | Report Abuse

tin market shortage lagi. yet deadwater like

Posted by cheoky > 2017-05-09 18:19 | Report Abuse

Consider good result

Posted by suregain > 2017-05-09 22:34 | Report Abuse

Good result? Yoy down la.. Thurs gap down

Posted by paperplane2016 > 2017-05-11 11:11 | Report Abuse

hahaha

Posted by speakup > 2017-05-11 11:14 | Report Abuse

remember market very bullish. now is BULL RUN. even bad results, share price will up.

Posted by Casa1188 > 2017-05-11 11:35 | Report Abuse

Subsidiary gain a lot.

Posted by cheoky > 2017-05-11 12:10 | Report Abuse

Discount out raw mat revaluation n forex it is better than last year lo. Cash flow opex is better la vs accounting profit.

Posted by skynimbus88 > 2017-05-11 13:43 | Report Abuse

bad result? are you sure?

Posted by Carson Teor > 2017-05-11 17:20 | Report Abuse

cash flow 40 million is good

Posted by Lsk58 > 2017-05-11 19:11 | Report Abuse

Next quarter will be better result bcos rainy season disrupt tin production at RHT

Posted by Mgician > 2017-05-12 09:51 | Report Abuse

coming ??

Posted by paperplane2016 > 2017-05-12 13:21 | Report Abuse

wow. something good brewing'? hehe

Posted by Hao1983 > 2017-05-12 16:46 | Report Abuse

EPS 17.4 sen x 4 = 69.6 sen x PE 10 times = RM6.96 (to be conservative)

Adjusted profit after tax = 17,430 + 3,134 (forex adjustment) - 1,654 (fv gain)
= 18,910

Adjusted EPS excluding the non-cash adjustment 18.9 sen x 4 = 75.6 sen x PE 10 times = RM7.56

TP with PE 10 = 7.56
TP with current PE 13 = 9.83

MSC currently 4
Potential gain 89% to 145%

Posted by paperplane2016 > 2017-05-15 10:56 | Report Abuse

MSC is a crazy cash flow generating business. Just that it hide it smartly.

Posted by cheoky > 2017-05-15 14:50 | Report Abuse

Tight supply ~ overcapacity~oversupply. What is the precondition for overcapacity? Commodity tin pice. What is the tin price? Dirt cheap right n still milking opex cash flow. So still git leg to north like petronm?

Posted by Alex > 2017-05-15 17:15 | Report Abuse

wah, tp 7 really? somemore conservative. HAHAHAHAH

tonight got sweet dream~

Posted by paperplane2016 > 2017-05-15 17:17 | Report Abuse

RM6 possible lah. RM7 a bit high. Commodity very volatile

Posted by Alex > 2017-05-16 20:28 | Report Abuse

eee...today no naik....i want like iwcity can? haha

Posted by cheoky > 2017-05-17 00:02 | Report Abuse

u bias! crude oil, aluminium, cocoa, palm oil is also commodities.

Posted by Gen2 > 2017-05-18 13:31 | Report Abuse

Today tin price up crossed again the 20000 mark.

Posted by cheoky > 2017-05-18 23:53 | Report Abuse

https://news.metal.com/newscontent/100736970/wbms%3a-global-tin-market-records-deficit-during-january-march-2017

Posted by Hao1983 > 2017-05-19 14:10 | Report Abuse

thanks for your info cheoky.. with the tin deficit in Q1 FY17 means that it will b doing even greater in Q2

Posted by Lsk58 > 2017-05-19 20:37 | Report Abuse

Ur right Hao1983,MSC use to store tons of tin at RHT strong room ready for d right price to sell so iff tin price is up MSC will make tons of money

Posted by paperplane2016 > 2017-05-31 09:05 | Report Abuse

TIN above 20,000

Posted by paperplane2016 > 2017-05-31 09:05 | Report Abuse

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

Posted by paperplane2016 > 2017-05-31 09:05 | Report Abuse

DATE USD / TONNE RM / TONNE EXCHANGE RATE TURNOVER
1 CLOSED CLOSED CLOSED CLOSED
2 20,030 86,750 4.3310 26
3 19,950 86,150 4.3183 37
4 19,850 85,911 4.3280 32
5 19,850 86,119 4.3385 49
8 19,700 85,429 4.3365 24
9 19,700 85,626 4.3465 24
10 CLOSED CLOSED CLOSED CLOSED
11 19,700 85,795 4.3551 37
12 19,900 86,565 4.3500 40
15 19,800 86,952 4.3410 42
16 19,900 85,948 4.3190 20
17 19,900 85,988 4.3210 30
18 20,200 87,517 4.3325 24
19 20,200 87,506 4.3320 60
22 20,200 87,072 4.3105 86
23 20,550 88,447 4.3040 48
24 20,350 87,637 4.3065 40
25 20,430 87,451 4.2805 29
26 20,430 87,451 4.2805 30
29 20,430 87,369 4.2765 23
30 20,550 88,149 4.2895 20

Posted by cheoky > 2017-06-01 18:44 | Report Abuse

SEATTLE (ITRI.CO.UK): Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group's revenue was broadly stable at RM1.5 billion in 2016 as refined tin production fell by 11.3% to 26,802 tonnes.

At MSC's Rahman Hydraulic open-pit tin mine, all processing units operated throughout 2016 at near full capacity to produce 2,228 tonnes of tin-in-concentrate. Management is targeting an increase in output of 20 to 25 percent in the years ahead. The company also continues to carry out exploration in Malaysia. Promising initial exploration results at the 80% owned Sungai Lembing Mines in Pahang have led MSC to target production of 100 tonnes per month of tin-in-concentrate from the location within the next few years.

The company also intends to convert a recently purchased lead smelting facility in Port Klang into a tin smelting plant using Top Submerged Lance (TSL) technology, with a capacity of some 30,000 tonnes of refined tin per year. The new smelter could be in use by the end of 2017 and would replace current operations at the Butterworth smelter when fully operational.

Courtesy: www. itri.co.uk

Posted by Diamond7 > 2017-07-21 20:15 | Report Abuse

Got positive momentum again!
Good cash flow!
Brewing?....XO !!!!

Posted by Lsk58 > 2017-07-23 13:07 | Report Abuse

Expecting better QR

Posted by Diamond7 > 2017-07-23 20:34 | Report Abuse

http://klse.i3investor.com/m/blog/asdas/128355.jsp

Posted by cheoky > 2017-07-24 18:42 | Report Abuse

Should Rahman tin becomes the main contributor

Posted by fankim > 2017-07-24 23:21 | Report Abuse

this article for your reference as well - http://www.theedgemarkets.com/article/topbrass-change-part-revamp-%E2%80%94-malaysia-smelting

Posted by Evolution4 > 2017-07-26 20:16 | Report Abuse

buying this stock for more than 3 years, now waiting for it to hit RM5, keep up!

Posted by Diamond7 > 2017-07-27 11:34 | Report Abuse

Vow! BEautiful gem!!!
http://klse.i3investor.com/m/blog/donkeystocks/121185.jsp

Posted by shahleong > 2017-07-27 15:36 | Report Abuse

today got power and volume, i think due to the LME tin price.

Posted by cheoky > 2017-07-27 15:48 | Report Abuse

pls change some goreng from oil refiner to this stock

Posted by Diamond7 > 2017-07-27 16:07 | Report Abuse

Wa....Dynaquest n Neoh Choo Ee major shareholder.!
Paperplane......u are a wise investor!

Posted by paperplane2016 > 2017-07-27 16:08 | Report Abuse

DrNeoh is long-term investor here.