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 10 hours ago

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-05 12:27 | Report Abuse

It has couple of times hit Low 180s and rebound. The bottom has been set and just hold onto it
The next rebound is going to be 227-234 range. When closer to April May June, the results play is coming back to push this to 5-6 ringgit.
Meanwhile just enjoy the Low value collection

Hung_Hing

36 posts

Posted by Hung_Hing > 2021-03-05 12:36 | Report Abuse

Most of the early investor who previously bought MSC shares between 70 cents to RM1.5 majority of them would already sold their stake when the price previously hit between RM 2.0 to RM 2.93(100% to 200% ROI). Hence, most of the subsequent investor who enter are mostly at higher entry price >RM1.8. So my guess is once the share price able to break the first resistance and close above RM2.0 that is when the buying sentiment/confident is back, the selling queue column would be much lighter than previously, and may likely to travel north all the way to RM3. Hence, is a good thing where the price dropped significantly in the past 1-2 week to shake off those low cost investor. This will bring us a step nearer to close at first TP 3.00

Posted by PGOne (Pure Goreng One) > 2021-03-05 13:03 | Report Abuse

if u believe in inflation and commodities supercycle then buy for 5 years. sleep and u will see MSC in RM 20

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-05 15:01 | Report Abuse

Commodities super cycle. Care to share more ? How inflation can lead it to 20 ringgit
I see 2023 8-12 ringgit
Now with usd rising due to rising bond yield is even better for the tin price

Ibelieve

1,429 posts

Posted by Ibelieve > 2021-03-05 21:48 | Report Abuse

https://www.bbc.com/news/business-56288781

Maybe someone would approach MSC also.

Posted by PGOne (Pure Goreng One) > 2021-03-05 23:16 | Report Abuse

i see brent oil still very strong, and tin/ metal future start to see bottom in this correction, 20 rinngit could be reach if goreng strong.

Now US index mainly affect gold/silver , industrial metal still okay even oil is trending high, this is just start of inflation cycle.

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-06 00:09 | Report Abuse

20 ringgit?
Which year boss?
Let’s look for 5 ringgit by June first

Posted by Ooi Cheng Kee > 2021-03-08 10:17 | Report Abuse

Shark continue push after break for few days?

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-09 11:28 | Report Abuse

Next level 227-234 coming.
Sharks have collected a lot
The real play will come April for the June results pump up. Don’t miss it.
This pump will most likely hit 4-5 ringgit by June

Posted by Ooi Cheng Kee > 2021-03-09 12:17 | Report Abuse

Road block at $2

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-09 14:39 | Report Abuse

$2 resistance will become support soon.
Takes awhile
Next resistance is 227-234.
Tin price looks to surge tonight or tomorrow
Buy and hold tight tight

Hafid

1,135 posts

Posted by Hafid > 2021-03-09 15:44 | Report Abuse

ho hope already. still down.

Posted by Ooi Cheng Kee > 2021-03-09 15:56 | Report Abuse

one more round washing

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-09 16:12 | Report Abuse

haha keep washing.. as long as 1.81 hold.. forming base there..

Posted by Ooi Cheng Kee > 2021-03-09 16:55 | Report Abuse

This operator is very aggresive

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-09 17:08 | Report Abuse

Humans are like this. When they have sold, they will say otherwise like going down, no hope or bearish
Goes the same for reverse if holding tight will have bullish thoughts
Which way will it prevail? Time will tell.

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-09 17:56 | Report Abuse

Ya this operator real aggressive.. that way he wash.. haha..but thinking in another way, it mean the share price gonna be aggressive when he start to goreng again ..haha.. so far tin price has stabilized.. we will see how..

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-10 08:50 | Report Abuse

Tin going back 30000 soon
27300. 2200 short from the 1st February high
Once break 30000, msc will break 4 ringgit nearer to June results

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-10 09:20 | Report Abuse

Wait patiently. They will push when they are ready. Read the chart
The pattern has got something to tell you. Pushing soon. But must hold tight tight

Hafid

1,135 posts

Posted by Hafid > 2021-03-10 12:25 | Report Abuse

27,300.00 = +614.00+2.30%

toto

1,421 posts

Posted by toto > 2021-03-10 20:16 | Report Abuse

Hi guys Pls keep sharing more info with us here, ya? Ai yo, I bght this stock high at RM 2.xx bcoz a friend recommended it, now I really scared lah

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-10 22:24 | Report Abuse

Scare don’t buy buy don’t scare
Tin hit another high now. Wait for it hit past record 30000/35000 like Bitcoin and then it will surge like crazy
It’s a matter of time

PureBULL ...

2,537 posts

Posted by PureBULL ... > 2021-03-11 04:08 | Report Abuse

EV.CAR material stock, MSC
Investor Briefing today @ 10 March 2021

4. Management predicts with 11 MT/day (current mining output), the tin mining output in FY2021 will see a significant growth with total mine output to be about 4,000 MT/year.
5. Cost of mining/tonnes is about USD2k – 3k per tonnes.

Smelting:

1. Pulau Indah plant operating costs will be 30% lesser than the Butterworth smelter.
2. Management emphasized that there is no delay in Pulau Indah plant. The plant was commissioned over a year ago at 25% capacity, but it has now increased to 50%.
3. Pulau Indah plant is expected to run at 100% capacity by the end of 2021, not including the maintenance downtime of course.
4. CFO reiterate that there is some misunderstanding between tin smelting capacity (4,000 MT/year) and refined tin output (2,200 MT/year). Tin ore that is being smelted only contain an average of 60-65% of pure tin metal. If you worked out the math, they are currently running at a high utilization rate (almost 100%).
5. When the smelting process gradually relocate from Butterworth plant to Pulau Indah plant, Butterworth smelter will be concentrating in smelting the tin intermediate (which is wholly belongs to MSC) while Pulau Indah smelter will focus on smelting tin ore (including tin import).

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 05:37 | Report Abuse

Tin futures 25,120.00 +402.50 +1.63%

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 07:45 | Report Abuse

Tin cash option
27,700.00
+400.00+1.47%

Another 1800 to match the highest it achieve in beginning of February.
Break 30000 and MSC will fly super high

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 09:02 | Report Abuse

This is the best chance to load up on msc and for next two years
It will be the next Bitcoin tin phenomenon
Only happens once a blue moon.
Target price 5 ringgit June

Hafid

1,135 posts

Posted by Hafid > 2021-03-11 09:42 | Report Abuse

malaysia Tin VALUE is at RM28 billion

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 09:46 | Report Abuse

Operator still collecting oh.. we wait patiently..

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 09:56 | Report Abuse

Just collect and wait patiently
The push up will be fierce
3 months to push
Prosperity is coming from MSC

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 11:35 | Report Abuse

20-22 June quarter results
Huge profits and revenue
Operator ready to pump soon
4-5 ringgit
Hurray!

Hung_Hing

36 posts

Posted by Hung_Hing > 2021-03-11 12:16 | Report Abuse

More and more production lines testing are completed at Pulau Indah plant and ready to go live, I expect MSC coming Q1 FY21 profit to almost doubled their Q4 FY20 profit.

toto

1,421 posts

Posted by toto > 2021-03-11 12:46 | Report Abuse

Brookenzo, thank you vy much for yr advice & info. Again, ai yo I hv to tell U bros the truth, at first I was really scared leh seeing the price
kept dropping like hell. I really don't understand the operator's game. I will stick & follow u bros fr behind......Pls always take care of me, ya? Love U guys......like my bros

toto

1,421 posts

Posted by toto > 2021-03-11 12:49 | Report Abuse

Hung_Hing, if u say like that.... We shld collect it when it's price is low. At What price is safer to buy it ?

toto

1,421 posts

Posted by toto > 2021-03-11 13:15 | Report Abuse

Thank you thank you Bo JSoang Ooi. Cut loss ? Earlier I saw it dropping like that, I don't understd wat happened, I also blurr blurr alrdy don't know what to do. Look like the culprit is the operator. They r pressing down the price to frighten retailers to sell our shares. Now my confidence is back, lately I add some more .........

toto

1,421 posts

Posted by toto > 2021-03-11 13:16 | Report Abuse

Now I'm not so scared anymore......hehehe....

Want2Win

2,553 posts

Posted by Want2Win > 2021-03-11 13:18 | Report Abuse

waah

Want2Win

2,553 posts

Posted by Want2Win > 2021-03-11 13:18 | Report Abuse

up 13 sen

Want2Win

2,553 posts

Posted by Want2Win > 2021-03-11 13:18 | Report Abuse

up 6.88%

Want2Win

2,553 posts

Posted by Want2Win > 2021-03-11 13:19 | Report Abuse

very good

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 13:22 | Report Abuse

Toto, the bottom line 1.81 ya.. looking at current tin price, it will go up eventually.. prospect is there.. trend is there.. hopefully will go up to at least RM5 as what brookenzo mentioned.. happy investing..

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 13:25 | Report Abuse

If you see the pattern in the chart, it shows 4-5 ringgit in coming months.
Just buy and hold tight
The operator game is flushed all the weak out and then push easily for June results. From there, I reckon there be bonus issue and share split
Good luck
Here we go again. This time we will break 3 ringgit from here

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 14:12 | Report Abuse

After 3 weeks of intense downtrend
Bottom is 181-183
The uptrend could be confirmed by 227-234 next level.
Should be very soon based on the current tin price.

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 14:54 | Report Abuse

Volume incoming oh..

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 15:12 | Report Abuse

Broke Dy.. gogogo

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-11 15:13 | Report Abuse

Tin futures

25,520.00 +400.00

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 15:14 | Report Abuse

Challenging 27000

james70

327 posts

Posted by james70 > 2021-03-11 15:22 | Report Abuse

MSC in their Q4 report holds around 7500t of tin in their inventory. At today's prices vs end of Q4, this is worth an additional RM154m.

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 15:25 | Report Abuse

Ya they mentioned in the investor briefing session as well.. 7000tone of tin intermediate, but it yield less tin than tin ore..

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-11 15:27 | Report Abuse

Not sure how much can be extracted into tin ore.. anyone can give idea ? Hehe..

toto

1,421 posts

Posted by toto > 2021-03-11 15:34 | Report Abuse

I add alrdy at 2.0x . Thank you thank you to all bros here

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