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.

4,977 comment(s). Last comment by ooilinghoaki3 1 day ago

cg14134

500 posts

Posted by cg14134 > 2021-02-08 11:01 | Report Abuse

The Star and the Edge don't have such info la

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-08 11:23 | Report Abuse

Singapore 73 cent
Malaysia 82 cent 2.45 ringgit
Singapore is lagging so much
Can arbitrage ?
Buy singapore sell in Malaysia ?

cg14134

500 posts

Posted by cg14134 > 2021-02-08 11:25 | Report Abuse

Thanks Dalpinia. Will subscribe for SinChew soon. Have not read chinese newspaper for a long long time!

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-08 11:37 | Report Abuse

Straits Trading only own 52%, buy MSC itself is 100% on Tin rising....huge different!!!

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-08 12:04 | Report Abuse

https://www.internationaltin.org/pt-timah-top-tin-producer/

MSC no 3 in wolrd

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-08 12:05 | Report Abuse

Old plant can produce 2+k tonne / year
New plant can prduce 60k tonne/year

If run both plants, it would be wolrd no 1

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-08 12:08 | Report Abuse

Following its conversion, the company anticipates an increase in annual production capacity to up to 60,000 tonnes of refined tin per year. (new plant)

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-08 12:20 | Report Abuse

That’s is $70mi usd revenue for old plant
New plant ?? 200 mil usd revenue ?

LA777

3,383 posts

Posted by LA777 > 2021-02-08 12:58 | Report Abuse

MSC go go go!

LA777

3,383 posts

Posted by LA777 > 2021-02-08 12:58 | Report Abuse

TP rm5

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-08 13:53 | Report Abuse

Malaysia used to be world no 1 for tin producing, we should be back no 1 again....

Hafid

1,135 posts

Posted by Hafid > 2021-02-08 15:14 | Report Abuse

MSC in 2019 production is at 24,300 tonnes (refined tin production)

Hafid

1,135 posts

Posted by Hafid > 2021-02-08 15:14 | Report Abuse

world no 3

Hafid

1,135 posts

Posted by Hafid > 2021-02-08 15:17 | Report Abuse

The company operate the new furnace alongside its current Butterworth furnace, with only the latter generating revenue. MSC are likely to see profits increase once commissioning of the new ISASMELT furnace is completed due to the lower operating costs and losses, along with higher recovery yields associated with the new smelting technology. In the meantime, the company generates much of its profits from its tin mining sector, which it is currently working on improving. The company plans to increase the daily mining output at its Rahman Hydraulic mine, while mining is expected to begin at its new mine in Sungai Lembing, Pahang in the short-term. The company is also exploring potential joint venture mining agreements to expand its mining activities.

Hafid

1,135 posts

Posted by Hafid > 2021-02-08 15:18 | Report Abuse

In long term, we are very positive on solder demand related to new opportunities in 5G, computing and electric vehicles.

Xxxting

353 posts

Posted by Xxxting > 2021-02-08 17:15 | Report Abuse

Will tmr pullback or keep going up. Cuz i wanna buy on 2.46 dunno can in anot

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-08 17:18 | Report Abuse

HOLD TIGHT TIGHT

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-08 17:36 | Report Abuse

Even if it is going to pull back it wil also build a base and go up from there
So best is to hold tight tight
The shares float is not a lot
220 mil with parent straits
So left 180 mil with public
Minus away all the top shareholders
Actually this share is very easy to corner and go up
I hold to see 10-15 ringgit by year 2022 end
Good luck to all holding

Power Gain

174 posts

Posted by Power Gain > 2021-02-08 21:49 | Report Abuse

This week should be able to close 2.75-2.95 before CNY break

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-08 22:03 | Report Abuse

Results coming out on 22 February
I think after that it will be 3 ringgit plus
Highest ever after so many years
Hopefully quarter by quarter it will March forward and I think soon the edge and analyst will start issue buy calls
Fingers cross
Let’s cross 3 ringgit first

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 09:21 | Report Abuse

Today tin price up again
MSC hit 2.59 now
Going 3 ringgit in no time
Hold tight tight

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 09:29 | Report Abuse

Is it too high if i buy in 2.50?

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 09:58 | Report Abuse

Bought in 2.48. Now drop to 2.43......-_-

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 10:03 | Report Abuse

Xxxting
Hold for long term to see the gains
Don’t Bother now about short fluctuations
After cny results
It should boost and go up

cg14134

500 posts

Posted by cg14134 > 2021-02-09 10:05 | Report Abuse

a few days of correction is actually good for the stock. Once the overbought state is gone, the stock will soar again. Ding didi!

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 10:08 | Report Abuse

Yes bro cg
It should be the way
It has to profit take and then soar again
I am looking forward to cny results

fion57

11 posts

Posted by fion57 > 2021-02-09 10:08 | Report Abuse

yeah don't worry guys, some ppl just tp due to cny, the price will go up soon^^

cg14134

500 posts

Posted by cg14134 > 2021-02-09 10:15 | Report Abuse

Hi Fion, r u Adeline's girl? The only Fion I know...

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 10:17 | Report Abuse

I feel it will go back above 2.52 in the afternoon
It’s ok
I like today profit taking flush the weak holders

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 10:19 | Report Abuse

Okok hold tight

fion57

11 posts

Posted by fion57 > 2021-02-09 10:20 | Report Abuse

nah cg I am not , I am a newbie haha

cg14134

500 posts

Posted by cg14134 > 2021-02-09 10:20 | Report Abuse

Agreed. Hoping for slightly more flush to launch the next surge

cg14134

500 posts

Posted by cg14134 > 2021-02-09 10:28 | Report Abuse

Happy investing Fion

fion57

11 posts

Posted by fion57 > 2021-02-09 10:30 | Report Abuse

thank you cg, you too !

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 10:35 | Report Abuse

2.51 again
Haha
The syndicate controlled this very well
Total float in available hands only around 200mil shares
It’s very easy to control it

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 12:26 | Report Abuse

whta happened!

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 12:26 | Report Abuse

Sddly drop to 2.31

cg14134

500 posts

Posted by cg14134 > 2021-02-09 12:31 | Report Abuse

If today px closes at 2.32, RSI would have corrected down to 81.5 - a lot more reasonable than yesterday

kentrade888

1,572 posts

Posted by kentrade888 > 2021-02-09 12:32 | Report Abuse

bonus issue is coming.

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 12:33 | Report Abuse

Which means what? I bought it on 2.48 should i keep holding?

cg14134

500 posts

Posted by cg14134 > 2021-02-09 12:35 | Report Abuse

Then tomorrow open low but close on the high note - classic reversal pattern. Wa lau eh talking like a director!

Hafid

1,135 posts

Posted by Hafid > 2021-02-09 12:36 | Report Abuse

profit taking. up so fast. afternoon sell again.

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 12:41 | Report Abuse

Prob will hold until tp 3?

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-09 12:42 | Report Abuse

just hold tight tight. forsee good support at 2.25 to 2.30

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-09 12:46 | Report Abuse

xxxting, keep avergaing down

LA777

3,383 posts

Posted by LA777 > 2021-02-09 12:59 | Report Abuse

Don't ask too many questions, don't be a day trader, if you trust in this company, then buy and forget, this is for long term.

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 13:12 | Report Abuse

Good la this drop
Set up for post cny results rally
So that the chart will be super nice
After cny
End February more than 3 ringgit
Perfect!
I shall collect more at this price

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-09 14:10 | Report Abuse

New Zealand just announced they suspended ties with Myanmar.
Next will be the usa and Europe
Tin price will go crazy with these news
Buy msc and lock it up and don’t see
Let the demand supply bring up the share price to more than 10 ringgit
Wahhaha

LOOK009

1,079 posts

Posted by LOOK009 > 2021-02-09 15:16 | Report Abuse

Next QR | Est. Ann. Date: 20-Feb-2021

It has news to be announced

Xxxting

353 posts

Posted by Xxxting > 2021-02-09 15:16 | Report Abuse

after announced will soar again?

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