Posted by TonsilBasher > 2014-03-06 13:40 | Report Abuse

huat ahhhhh!!

Posted by powerwk > 2014-03-30 23:19 | Report Abuse

Very low volume.... No one want to sell but someone want to buy make the price up slightly over time.

Posted by joeter999 > 2014-04-09 11:53 | Report Abuse

good company....turn around story in making...

Posted by Cold Eye > 2014-04-09 23:35 |

Post removed.Why?

Posted by serge_ng > 2014-05-07 15:44 | Report Abuse

not bad

Posted by lloydlim > 2014-05-07 21:38 | Report Abuse

Yup, really not bad!

Posted by soojinhou > 2014-05-07 21:41 | Report Abuse

Bleeding from Indon has stopped.

Posted by serge_ng > 2014-05-08 13:19 | Report Abuse

i saw some movement

Posted by Icon > 2014-05-09 09:56 | Report Abuse

future oh la la.....should buy more

Posted by sangharimau > 2014-06-05 08:21 | Report Abuse

馬熔錫退出印尼採礦業務‧虧損3204萬
2014-06-03 11:06


（吉隆坡2日訊）面對印尼政府加強保護當地礦業，馬熔錫機構（MSC,5916,主板工業產品組）無奈“賠錢”退出，以逾300萬令吉脫售印尼採礦業務，蒙受3千204萬令吉虧損，或每股盈利減少32仙。

馬熔錫機構在文告中表示，Barkeley Kinsington集團將以40萬美元收購Koba錫的母公司Bemban機構，稍後將再支付60萬美元，總共為100萬美元（約326萬2千令吉）。

同時，Bangka Timah Utama和艾迪達揚多也同意以1美元收購該公司旗下的PT MSC印尼公司。

馬熔錫機構表示，這次脫售是根據董事部在2013年年報中所注明的脫售所有印尼採礦業務的決定。（星洲日報／財經）



以后少扮英雄，以免象这次一样铩䦀而归

Posted by Up_down > 2014-07-01 12:00 | Report Abuse

MSC is set to turnaround.

Investment abroad is certainly attracted higher inherent risks due to social instability, environmental or power struggling within political systems of a country. Natural resources-extracting firms are especially likely vulnerable to these factors.

MSC is one of the victim for venturing Indonesia. It was forced to abandon investment in smelter and dredging facilities , via its 75-percent-owned Koba Tin, worth more than USD 60 million. Indonesia government has treated MSC unfairly by refusing to extend the permit to operate a mine which Koba Tin is entitled to a second extension of 10 years to 2023. State-run PT Timah, which is a minority shareholder of Koba Tin, would take over the concession. MSC has suffered huge exceptional loss as a result of government discriminated action.

After having gone through a major setback in overseas venture, MSC is strived to revitalize itself by restructuring the group. It has stop bleeding by divesting Koba Tin and making sufficient impairment provisions of its associates. MSC has cleaned up mess on investment abroad whether in the form of associates or JV. The rest is history.

Tin smelting segment remains the bread and butter over the past 10 years. This segment alone has contributed PAT 55 million ( EPS 55 cents ) in the last 4 rolling quarters.

Share price dropped to bottom 2.70 in Feb 2014 before staged a strong rebound to as high as 3.70. It went through another two months consolidation period after hitting peak. Currently, its price traded at PER 6.1 times. It is the ripe time to grab the share at this price?

Financial performance of International tin smelting:

31 Mar 2014 - EPS 12 cents ( PAT 12 million )
31 Dec 2013 - EPS 27 cents ( PAT 27 million )
30 Sep 2013 - EPS 10 cents ( PAT 10 million )
30 Jun 2013 - EPS 6 cents ( PAT 6 million )

Year 2013 - PAT 52 million
Year 2012 - PAT 57 million
Year 2011 - PAT 70 million
Year 2010 - PAT 69 million
Year 2009 - PAT 46 million
Year 2008 - PAT 18 million

Why invest in MSC:

1. Share price traded at low multiple PER 6.1 times
2. Core business, tin smelting segment, has proven to be a profitable business more than a decade
3. Price of tin rise above USD 25,000 per ton given lack of new tin mines
4. Basically, all overseas associates and JV valued at NIL as costs associated with divestment of Koba Tin or impairment on Associates outside Malaysia has been fully charged to profit and loss last year.
5. Indonesia ban exporting mineral ore
6. Dual-listing on the SGX
7. Exploring the economical viable through large scale mining for potential tin reserves in Eastern and Western Belts of Peninsular Malaysia are estimated at 900,000 Mt

Posted by davidkkw79 > 2014-08-12 20:14 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1708165

Posted by davidkkw79 > 2014-08-12 20:14 | Report Abuse

Losss money again !

Posted by Steven Yong > 2014-08-13 07:24 | Report Abuse

Yes. Sell now, MSC tak boleh harap, management lousy, will l8mit dowm today, no dividend.

Posted by speakup > 2014-08-13 07:26 | Report Abuse

Icap has a lot of MSC shares. This will drag Icap down too.

Posted by Steven Yong > 2014-08-13 07:32 | Report Abuse

Forget about icap, ttb under performed as he keep too much cash past few yrs while market go crazy bullish. He try to time the mkt and he is proved wrong. Why? Maybe he din study economy mah. Globally malaysia is one of most resilient countries. With gst com8ng we see positive in funds com8ng in, it will drive everyth8ng in this country higher. Property, bond, equity, you name it. But slowly salary lah, kaka.

Posted by speakup > 2014-08-13 07:38 | Report Abuse

yes Icap is holding about rm240mil cash. They are timing the market, waiting for a big crash like 1998 or 2008 before entering.

Posted by Steven Yong > 2014-08-13 07:46 | Report Abuse

Ttb should go for economic class before we starts his icap. To me he not as good as many other fund managers loh, at least i think coldeye better than him, dr.neoh from dynaquest also better than him. He called himself Warren buffet malaysia? Yeah, for holding so many cash.

Posted by Up_down > 2014-08-13 10:01 | Report Abuse

This is the last and final shock from Indonesia operation. Looking on the bright side, it could be good time to accumulate more shares at cheaper price. The profit after tax for both Tin Smelting business and Tin Mining maintained at 16 million which is similar to 1st quarter.

Posted by Steven Yong > 2014-08-13 11:59 | Report Abuse

no volume at all! Means no seller, BUY

Posted by anai anai > 2014-08-13 14:02 | Report Abuse

after adjusting to net exceptional losses (RM44.0 m), this company made a net profit of RM15.3 m for 2Q14. Together with RM18.2 m in 1Q14, combined earnings for 1H14 was RM33.5 m or EPS of 33.5 sen. With prospective PER of below 5 times, this is definitely a valued stock to invest.

Posted by Steven Yong > 2014-08-13 14:48 | Report Abuse

anai anai, keep quiet. let the people sell ok. Loss making company ok. Sell

Posted by Up_down > 2014-08-13 14:49 | Report Abuse

No fundamental change. All doubts have been cleared up. The future prospect of the company is certainly brighter in 3 to 6 months ahead.

Posted by Steven Yong > 2014-08-13 15:16 | Report Abuse

hello, dunno english is it. want talk indian? Don't tell so much ok.

Posted by Steven Yong > 2014-08-13 16:54 | Report Abuse

fuyoh~ hit back 3.20, no one selling, only buying. This counter going to explode very soon next quarter

Posted by leon7 > 2014-08-13 16:59 | Report Abuse

Today seems like a Members-Only private sale. Those who know had the chance to shop.

Posted by Up_down > 2014-08-14 11:23 | Report Abuse

Just managed to grab some yesterday. Future prospect of the company is a main driving force behind for the price move upwards.

Posted by Up_down > 2014-08-19 11:09 | Report Abuse

Financial performance of International tin smelting and Tin mining operations:

EPS: 71 cents
PER: 4.7 times

30 Jun 2014 - EPS 16 cents ( PAT 16 million )
31 Mar 2014 - EPS 15 cents ( PAT 15 million )
31 Dec 2013 - EPS 27 cents ( PAT 27 million )
30 Sep 2013 - EPS 13 cents ( PAT 13 million )

Posted by Steven Yong > 2014-08-25 13:52 | Report Abuse

wow, great to accumulate more if go down more! Next year guaranteed see RM5 if market continue bullish

Posted by Up_down > 2014-08-25 14:05 | Report Abuse

I am waiting one day people queuing to buy at 5.00 from me.

Posted by lowprofile > 2014-08-25 14:05 | Report Abuse

if take eps 15cents each quarter averagely (a year 60cents eps) which is easily achievable, and also if considered they start giving out div (treat this as something extra), i strongly believe this share value definitely won't not just below than rm5... just my cheap 2 cents opinion only...

Posted by Up_down > 2014-08-25 14:15 | Report Abuse

Many people will only believe when the price has gone up. It is not easy for them to overcome greed and fear. That's why we can buy at cheap cheap price. Lol

Posted by ngssbb > 2014-09-03 10:30 | Report Abuse

buy...buy...buy...........if you buy gold, you should buy this share, why ? gold can eat? cannot , but this share can make everybody to pay for it, why? electronic product sure will impact. buy this share better than buy gold.....................

Posted by yoonhuei > 2014-10-01 10:27 | Report Abuse

Tin price reach 20,400

Posted by Ah Ha > 2014-12-12 17:06 | Report Abuse

is it lowest yet? if industry data no good, demand fall.. wait for lower next month.

Posted by Ah Ha > 2014-12-17 11:15 | Report Abuse

still hold on until 2.20. will join in.

Posted by paperplane > 2015-01-25 01:22 | Report Abuse

Panic buy

Posted by DreamWarrior > 2015-01-25 02:05 | Report Abuse

Buy also panic ah. What's the fuss all about. And what's the rush.

Posted by paperplane > 2015-01-25 02:34 | Report Abuse

Turn ard this yr. eps0.4 expected. Now damn cheap. Look at press metal

Posted by DreamWarrior > 2015-01-25 02:43 | Report Abuse

Nothing done in panic normally comes to much good eventually.

Posted by paperplane > 2015-02-17 13:22 | Report Abuse

wow, why suddenly selling down??

Posted by paperplane > 2015-02-17 14:07 | Report Abuse

volume so low....

Posted by TonsilBasher > 2015-03-17 12:09 | Report Abuse

what happen

Posted by paperplane2 > 2015-06-21 00:08 | Report Abuse

Weak holders selling. Good time accumulate

Posted by paperplane2 > 2015-10-06 20:22 | Report Abuse

Company expanding capacity, shld be good for longterm

Posted by Icon8888 > 2015-10-06 20:24 | Report Abuse

Ya.... Long term...

Posted by paperplane2 > 2015-10-06 20:29 | Report Abuse

Musang king

Posted by Icon8888 > 2015-10-06 20:45 | Report Abuse

A screw up stock is a screw up stock

Don't every time pick the wrong stock then say hold long term

Posted by davidkkw79 > 2015-11-09 18:57 | Report Abuse

Agree this company management are all impotent management.

Posted by nokenzo > 2015-11-22 08:19 | Report Abuse

Mr Tan Teng Boo still holding. Mr Coldeyes has left.