MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.41

Today's Change

0.00 (0.00%)

Day's Change

2.40 - 2.43

Trading Volume

324,100


8 people like this.

4,978 comment(s). Last comment by Seek 6 hours ago

jtpc2006

984 posts

Posted by jtpc2006 > 2012-08-09 10:57 | Report Abuse

hi petracot, please can you analyse the 2Q results? thanks.

petracot

179 posts

Posted by petracot > 2012-08-10 12:25 | Report Abuse

The 6-month loss is RM40 million, but this include paper loss of RM38 million of tin inventory write down to current tin price. The actual loss is only RM2 million. Below are personal thoughts:

MSC is a pure mining company. Cyclical volatility is the basic nature of this type of operation. Currently, tin price of around USD18,000 per tonne is below average cost of production of around USD22,000. The current market situation is mainly due to lack of demand for tin as result of global economic slowdown. In 2 or 3 years time, when the world economy picks up, tin price could go as high as USD30K to USD40K. MSC earning could be RM1 to RM2 per share

MSC has been in the tin operation for the last 100 over years and will be around for a longtime. If one can hold out this present difficult time, there will be handsome dividend awaiting. By the way, iCapital owns about 2.9 million shares in MSC and I believe they are still holding it.

Hustle

3,615 posts

Posted by Hustle > 2012-08-10 13:35 | Report Abuse

Base on 2009 crisis this counter drop nearly at 2.00 until today also not recovery yet.So OSK analysis actually can be considerate as fire alarm.

crab008

1 posts

Posted by crab008 > 2012-08-10 16:15 | Report Abuse

so how abou this share's fundamental ?

jtpc2006

984 posts

Posted by jtpc2006 > 2012-08-24 11:55 | Report Abuse

petracot, thanks for reply 10/08/12, missed that. Price now stabilising.

sunnysiow

16 posts

Posted by sunnysiow > 2012-10-31 13:02 | Report Abuse

I bought at RM4.60, now drop at RM3.20. Should I keep?

Posted by Namoyaki Takarajima > 2012-10-31 13:05 | Report Abuse

Aiyohh! 4.60 when did you bought it? Sunny, Tin is on a downtrend at this moment. London Tin & Shanghai Tin also down. Johotin also down. This downfall is NOT due to their companies performance but due to the Tin global impact. Wait for a while if you are in a strong cash-position.

fatty_tang

296 posts

Posted by fatty_tang > 2012-11-07 10:19 | Report Abuse

for those who bought at rm4.xx, I'd recommend buying in more to average down the buying price

sh2383jbt

103 posts

Posted by sh2383jbt > 2012-11-27 22:47 | Report Abuse

Agreed with petracot, hold it for tin price up, it is only commodity stock in msia, good potential. Average it if u still hv bullet.

sunnysiow

16 posts

Posted by sunnysiow > 2012-11-28 17:01 | Report Abuse

why the share keep droping?

fankim

139 posts

Posted by fankim > 2012-11-28 17:08 | Report Abuse

Mega sales!!!

Hustle

3,615 posts

Posted by Hustle > 2012-12-01 13:12 | Report Abuse

Need some weight loss too heavy

Posted by Fat Cat Tim Buddy > 2012-12-23 12:30 | Report Abuse

i just found out *-* uncle cold eye have 500,000 shares in this company.

maybe he already sold all since the annual report book is last year 1.

fankim

139 posts

Posted by fankim > 2012-12-24 15:01 | Report Abuse

uncle cold eye portfolio

http://klse.i3investor.com/servlets/pfs/6736.jsp

fankim

139 posts

Posted by fankim > 2012-12-24 15:04 | Report Abuse

not sure if he has sold all ...

MSC is a good counter ... i am buying more on this counter ... bcoz it's the tin price drop ...

fatty_tang

296 posts

Posted by fatty_tang > 2013-01-25 11:55 | Report Abuse

Cold eye wouldnt have sold this stock for sure, as least not until it has reached the peak

halow

2 posts

Posted by halow > 2013-03-13 20:15 | Report Abuse

Anyone has internal info in this company ? keeping droping ler... seems like the company is suffering tremendous loss in Indonesia.

halow

2 posts

Posted by halow > 2013-03-20 15:32 | Report Abuse

Thanks Tan KW

david1815

63 posts

Posted by david1815 > 2013-04-02 00:15 | Report Abuse

can i ask what is the lower price on this counter??and this counter still can buy for long term Investment??thanks

iafx

4,632 posts

Posted by iafx > 2013-04-30 15:01 | Report Abuse

"...deviated significantly from the unaudited loss after taxation and non-controlling interests of RM61.114 million ... now amounts to RM172.271 million."

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1271605

foongsiew

16 posts

Posted by foongsiew > 2013-05-12 13:02 | Report Abuse

Anyone mind to share what happen??

anbz

5,163 posts

Posted by anbz > 2013-08-12 17:30 | Report Abuse

financial year 2012 losses per share = -61.10 cents
(latest info :and now for 2013...for just 1st and 2nd quarter , losses = -46.20 cents
---------
this is company is in big big trouble...there's will be no solution at all !!!!!!!!
--------
sell sell sell then run run run

lching

1,402 posts

Posted by lching > 2013-08-12 17:32 | Report Abuse

lucky to cut loss 3 years ago.

anbz

5,163 posts

Posted by anbz > 2013-08-12 17:38 | Report Abuse

3 years ago u should have made profit i think?

lching

1,402 posts

Posted by lching > 2013-08-12 17:40 | Report Abuse

no, i bought at high.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-08-28 16:09 | Report Abuse

Cut loss, it probably will drop to rm 2.10

Hustle

3,615 posts

Posted by Hustle > 2013-09-12 09:41 | Report Abuse

Tin Shortage Worsens as Indonesia Rules Curb Supply: Commodities

http://www.bloomberg.com/news/2013-09-11/tin-shortage-worsens-as-indonesia-rules-curb-supply-commodities.html

watch out!!!

Alex Chong

712 posts

Posted by Alex Chong > 2013-09-19 11:53 | Report Abuse

Base on current MSC situation, is this counter still worth for holding in term of long term? Any ideas please share.

Posted by heyjohnlim > 2013-10-24 09:26 | Report Abuse

The msc ceo will be talking at icapital investor day this sat.

Posted by TonsilBasher > 2013-10-24 10:01 | Report Abuse

i still holding this stock. Tin price reaching high side. hope it an turn around to profit next quarter

xncziyi44

124 posts

Posted by xncziyi44 > 2013-10-27 12:32 | Report Abuse

pt koba problems in indo.congo supply limitations what else.diff positions for metal (tin) refinener?tin prices has improve though.

Posted by TonsilBasher > 2013-10-29 12:19 | Report Abuse

soon its going back to profit

Posted by TonsilBasher > 2013-10-30 13:00 | Report Abuse

its moving up its moving fast

Posted by TonsilBasher > 2013-10-30 16:50 | Report Abuse

reach 3.00

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-10-30 22:53 | Report Abuse

when this coming quarter being release....then you guys will know why this stock is called: holland stock.....

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-11-12 18:59 | Report Abuse

Congratulation to MSC ! its latest quarter result has recorded a another losses again...! Good job ! Welldone !

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-11-12 18:59 | Report Abuse

And congratulate to cooleye uncle as well.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-11-14 16:35 | Report Abuse

amazing... lousy result, but company share price still up and up... I think someone must almost control all the stakes of msc oledy...

vegebotak

1,071 posts

Posted by vegebotak > 2014-02-11 18:37 | Report Abuse

buy on weakness !!

Posted by TonsilBasher > 2014-02-12 07:49 | Report Abuse

will it turnaroud?

fatty_tang

296 posts

Posted by fatty_tang > 2014-02-12 08:56 | Report Abuse

turnaround should be possible provided that there's no more significant impairment losses this coming quarter

Posted by TonsilBasher > 2014-02-15 12:28 | Report Abuse

lets hope for the best

Posted by TonsilBasher > 2014-02-20 15:21 | Report Abuse

upward trend jo

shahleong

31 posts

Posted by shahleong > 2014-02-21 07:58 | Report Abuse

why go up ?

fatty_tang

296 posts

Posted by fatty_tang > 2014-03-01 01:12 | Report Abuse

well done MSC! great quarter!

Posted by Moo Ker Liang > 2014-03-01 12:55 | Report Abuse

monday can go up?

Posted by TonsilBasher > 2014-03-01 15:11 | Report Abuse

good result yo!!!!

Posted by TonsilBasher > 2014-03-03 07:21 | Report Abuse

up we go!!!

Posted by TonsilBasher > 2014-03-04 07:26 | Report Abuse

breaking bad

Posted by Moo Ker Liang > 2014-03-05 18:09 | Report Abuse

huat lah

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