MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.52

Today's Change

+0.13 (5.44%)

Day's Change

2.38 - 2.54

Trading Volume

1,083,300


8 people like this.

4,929 comment(s). Last comment by kl_guy 12 hours ago

Lasthope

313 posts

Posted by Lasthope > 2021-02-19 21:28 | Report Abuse

It breaking new high again now =.=''

later you can witness it .

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-19 22:19 | Report Abuse

Lasthope, can’t imagine MSC surge like supermax
It will be crazy if it can hit that kind of pace in 2021. I think many MSC holders will faint

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-19 23:18 | Report Abuse

Wow tin up 3%

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-19 23:21 | Report Abuse

Mon gapup

DCCIH9E

86 posts

Posted by DCCIH9E > 2021-02-19 23:39 | Report Abuse

Wow......tin price crazy up.

Posted by PGOne (Pure Goreng One) > 2021-02-20 02:34 | Report Abuse

tin price is crazier than bitcoin !! how to trade tin future anyone knows about it ? thanks to POWELL QE , now everything is much much expensive.

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-20 12:21 | Report Abuse

https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUKKBN28K1TN

No joke. The demand is so strong and May boom and soar like no tomorrow
It’s very similar to ASP of gloves
Strike while iron is hot

Hafid

1,135 posts

Posted by Hafid > 2021-02-20 15:59 | Report Abuse

See at rm5.00

ivanlau

1,376 posts

Posted by ivanlau > 2021-02-20 16:21 | Report Abuse

today closing 2.80 , now consider overvalue. Based on average pe 10 , the fair value of this stock in June 2021 only around rm 2

Posted by Creativeteam > 2021-02-20 18:02 | Report Abuse

With tin up by 20% from last qtr then should be rm2.40. Malaysia pe is 16 therefore should be rm3.80

hw0706

819 posts

Posted by hw0706 > 2021-02-20 20:58 | Report Abuse

IS THE 3RD LARGEST CAN GO UP AGAIN

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-20 21:13 | Report Abuse

Tin going 35000-40000 by end this year
With PE 20, it should be 8 ringgit at least and not forgetting the butterworth land for condo and commercials
So 10-15 ringgit 2023 not a dream but a possibility

Hafid

1,135 posts

Posted by Hafid > 2021-02-21 08:47 | Report Abuse

In 2011 tin is traded at usd35,000

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-21 10:56 | Report Abuse

Finally after ten years
It’s breaking 35000 soon.
Maybe 2021 tin price will be historical high like Bitcoin
50k
That will set a record forever

hw0706

819 posts

Posted by hw0706 > 2021-02-21 11:06 | Report Abuse

That upward pressure in the tin market continued at the start of 2021, according to Reuters, with prices up 10 percent in the first month of the year. In fact, in late January 2021, the tin price reached highs not seen since 2014, and analysts remain optimistic about the long-term outlook for the tin market.

Tin is primarily used to coat other metals due to its ability to retain a high polish and prevent corrosion. Tin is also an alloy metal used in soldering and the production of rare earths superconducting magnets. Because of its price rise and key uses, interest in tin investing is increasing.

According to the US Geological Survey’s most recent report on the metal, the overall incline in tin production came on the back of higher prices. That coincides with the fact that the tin market has been in deficit for nine of the last 10 years, and is expected to remain in deficit as tin use increases.

Due to its many positive characteristics, there are a lot of uses for tin. For example, the metal is malleable, ductile and not easily oxidized in air; it’s also lightweight, durable and fairly resistant to corrosion. Those qualities make tin, which is obtained from the mineral cassiterite, a good candidate for use in solder, as well as tinplate, chemicals, brass and bronze and other niche areas.

In terms of where tin is produced, China was the world’s top tin producer in 2019; it put out 85,000 metric tons (MT) of the metal, down 5,000 MT from the previous year. Indonesia is close on China’s heels at 80,000 MT. Third on the list is Burma at 54,000 MT. Total world output for the year was 310,000 MT, down 8,000 MT from the previous year, and world tin reserves sit at 4.7 million MT.

The world’s top tin-producing companies include China’s Yunnan Tin (SZSE:000960), Indonesia’s PT Timah (IDX:TINS) and Malaysia Smelting (SGX:NPW) in Malaysia.

The third-largest producer of tin last year was Malaysia Smelting. Refined tin production: 25,752 tonnes of tin in 2019 vs 27,085 tonnes in 2018 which decreased 5%. The tin in concentrates in 2019 is 2,288 tonnes vs 2,355 tonnes in 2018. The company is also over a century old, and since 1887 has been a key integrated producer of tin and tin-based products, as well as a leader in custom tin smelting.

It is a subsidiary of Singapore’s the Straits Trading Company (SGX:S20), and has a number of its own wholly owned subsidiaries; Malaysia Smelting also holds interests in several other companies.

As mentioned, investing in tin is becoming more and more appealing as demand for the metal grows. Tin is also interesting for investors because of its ability to serve as a hedge against the US dollar and against inflationary pressures in certain environments.

Rare earths, used in the high-strength magnets found in much of the latest tech, from smartphones to wind turbines to electric vehicles (EVs), will be a primary focus for the resource sector well into the next decade as more countries in the west work to create supply chains less dependent on China.

As mentioned, the rare earth element (REE) space felt the impact of COVID-19 most strongly during the first half of the year, as lockdowns and containment measures in China impacted the shipping of products domestically and to the rest of the world.

“We have seen demand from most REE end-use sectors fall back in 2020, with the exception of REE magnets, which continued to show growth in the year supported by increased use in wind turbines, EV/hybrid EV drivetrains and consumer electronics,” he said. “In H2 2020, the REE market recovered well, with supply returning and trade of materials returning to normal levels (and above).”

Adamas Intelligence estimates that global consumption of NdFeB permanent magnets fell by approximately 10 percent last year on account of the pandemic’s negative effects on demand for everything from automotive micromotors and sensors, to wind power generators, consumer appliances, cordless powertools and a number of other end uses and applications.

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-21 13:40 | Report Abuse

Tin 50000usd/ tonne in 2022?
Let’s look forward to it
MSC 15 ringgit in 2022.
Bagus Prosperous whoever invested in MSC.

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-21 13:43 | Report Abuse

The Myanmar dire situation will make China-Myanmar tin raw materials production even more difficult than ever. Price will jump even faster and further because of Myanmar.
Watch out for MSC 1Q 2021 results in May, it will be shocking high due to the ASP of tin price.
Hold tight tight

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 09:06 | Report Abuse

drop

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 09:07 | Report Abuse

Nice drop some please so that I can collect more for 5 ringgit

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 09:29 | Report Abuse

Whats wrong?

Posted by PGOne (Pure Goreng One) > 2021-02-22 09:33 | Report Abuse

Pls sell more and shake the weak holder out kikiki while tin price is new high . golden goose

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 09:34 | Report Abuse

Wow tin price still rising
Almost 27000 now 3
Months option
Think the cash option will hit past 30k today

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-02-22 09:43 | Report Abuse

Drop more lor. Haha..addd

kkteng70

432 posts

Posted by kkteng70 > 2021-02-22 10:04 | Report Abuse

today.. lau sai

vegebotak

1,071 posts

Posted by vegebotak > 2021-02-22 10:05 | Report Abuse

haha... i got it finally with lower price 2.65 ...thanks

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 10:16 | Report Abuse

Haha good job collect more
Let’s wait for next run

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-22 10:26 | Report Abuse

sold all 2.73. TQVM for the huge gain

cg14134

500 posts

Posted by cg14134 > 2021-02-22 10:36 | Report Abuse

managed to get some at 2.63 and 2.65, tried to take sellers when px turns but not quick enough. sigh...

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 10:43 | Report Abuse

Thank you for the cheap buys
Next target 5 ringgit
See you guys nearer to May result
That result will be monstrous

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-22 10:52 | Report Abuse

tis px oredi discounted of 25kusd tin px la.

Centurion

47 posts

Posted by Centurion > 2021-02-22 11:30 | Report Abuse

LME Nickel top 20,000 and Copper 9000. Tin to top 30,000?

Lasthope

313 posts

Posted by Lasthope > 2021-02-22 11:42 | Report Abuse

Too happy to see it drop... But why stopped....I wish drop more to add some...

This is the 5th supercycle for commodities in 100 years, at least last 5 years.

The MSC tin price sold USD 17,550 at 2 Nov 2020, now 22 Feb USD27,000...
27000/17550 = ASP up 54% QoQ

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

This actually up faster than glove in year 2020 lolf...
The earning is crazy as previously all the mining margin is very less...

eg;

Previous : Revenue RM1, Cost RM0.95, Earn RM0.05 (I see roughly 5% margin in history)
Now: Revenue = RM1*1.54 = RM1.54 (ASP up 54%), Cost RM0.95, Earn = RM0.59

RM0.59/RM0.05 = 11.8x increase in profit.... which is crazy like supermax. And I see the Tin ASP still keep going up :D

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 11:56 | Report Abuse

But why no many people no this counter ahahh

Lasthope

313 posts

Posted by Lasthope > 2021-02-22 12:05 | Report Abuse

haha most people dunno know about Tin and this company...

as this company slept long long time....

and most people dunno Tin actually play a pivotal role in semiconductor, 5G, EV and solar energy field...

Now this stock still good as most of them are smart money....

When price go to RM5 or RM10.... then many speculator will come in liao... like supermax :D

Mush Joker

394 posts

Posted by Mush Joker > 2021-02-22 12:37 | Report Abuse

I also too happy. damn.

Mush Joker

394 posts

Posted by Mush Joker > 2021-02-22 12:37 | Report Abuse

but the drop is too less

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 13:08 | Report Abuse

2022 many speculators will come
More than 10 ringgit then. Land plus tin
Hold tight tight
Short term players take profits plus flush out the weak holders is good. So that can move up 3 ringgit easily

Posted by PGOne (Pure Goreng One) > 2021-02-22 15:17 | Report Abuse

pls la , if want drop pls drop more , dont drop little only ....

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 15:28 | Report Abuse

gemfinder why so fast sold

G-boy

438 posts

Posted by G-boy > 2021-02-22 15:58 | Report Abuse

i bought yunnan tin company at price 13
at 1st buy 10k unit..at last shake it by myself reduce to 5k unit...
luckily still got 5k unit to enjoy this few days limit up

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-22 16:16 | Report Abuse

i bought 108 only. realise profit first

dalpinia

2,299 posts

Posted by dalpinia > 2021-02-22 16:30 | Report Abuse

G-boy, which platform you used to purchase the China share?

G-boy

438 posts

Posted by G-boy > 2021-02-22 16:40 | Report Abuse

https://www.bsgroup.com.hk/
abit complicated to open account..need hongkong bank account

vegebotak

1,071 posts

Posted by vegebotak > 2021-02-22 17:39 | Report Abuse

see esok ada chance can get 2.50 x

moven00

727 posts

Posted by moven00 > 2021-02-22 18:10 | Report Abuse

Profit taking yang kencang harini. Counter ni nak Lepas RM3 - RM3.5 baru cantik. Pasal RM5, RM10 itu cerita kemudian la. Dan tak yah nak compare macam Supermax. Ala belum sampai tu.

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 19:54 | Report Abuse

today suppose to be up cuz tin price keep going higher bbut why everyone selling hard so fast

Hafid

1,135 posts

Posted by Hafid > 2021-02-22 20:20 | Report Abuse

tomorow will be selling day again

Brookenzo

275 posts

Posted by Brookenzo > 2021-02-22 20:27 | Report Abuse

This stock is always 2 days of flushing weak holders and one day recover back all losses and create another new high.
Next high should be 3.50 immediate

DCCIH9E

86 posts

Posted by DCCIH9E > 2021-02-22 20:58 | Report Abuse

Tin price keep on going up, tml msc should be start uptrend.

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