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

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-16 20:51 | Report Abuse

political unstability.. if sanctions, tin price will explode..

MrsLee

977 posts

Posted by MrsLee > 2021-03-16 21:52 | Report Abuse

Today no energy. Hopefully will pick up tomorrow

awxm2021

49 posts

Posted by awxm2021 > 2021-03-17 11:50 | Report Abuse

@JSoang Ooi bro, thanks

Posted by Ooi Cheng Kee > 2021-03-17 16:55 | Report Abuse

Tin future price is $25000 above but MSC price drop 7sen, Funny

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-17 17:01 | Report Abuse

Haha operator operator..let it form second base first ba. Haha..

MrsLee

977 posts

Posted by MrsLee > 2021-03-17 19:49 | Report Abuse

Ya lor...drop pulak

gemfinder

6,880 posts

Posted by gemfinder > 2021-03-18 09:58 | Report Abuse

buy back 2.11. too cheap to ignore

dalpinia

2,299 posts

Posted by dalpinia > 2021-03-18 10:11 | Report Abuse

rm28K/TONNE

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-18 11:42 | Report Abuse

Waiting for 2.34 breakout.
Building a base now at 2.1x
Just hold tight tight

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-18 12:01 | Report Abuse

Second base Dy. Hehe..

Hafid

1,135 posts

Posted by Hafid > 2021-03-18 14:02 | Report Abuse

tin is 28201

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-18 15:53 | Report Abuse

Super strong today
Final call 234 big breakout will go 255-259.
Prepare for April
It’s about time for the June results push by operator
Let’s go past 3 ringgit in short time
Cheers

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:54 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:54 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:55 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:55 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:55 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-18 15:56 |

Post removed.Why?

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-18 17:59 | Report Abuse

The real short squeeze will start when the price hit 234.
Let the price of tin keep going up step by step to bring MSC to greater heights

awxm2021

49 posts

Posted by awxm2021 > 2021-03-18 19:00 | Report Abuse

tomorrow continue up ?

MrsLee

977 posts

Posted by MrsLee > 2021-03-18 20:12 | Report Abuse

Seems like going to break 2.220 today...
Lets see tomorrow...

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-18 21:38 | Report Abuse

See if tomorrow can break 234 as tin cash is going another level up tonight
Cheers and hold tight tight

cg14134

500 posts

Posted by cg14134 > 2021-03-18 22:15 | Report Abuse

THE DLA RETURNS

The Defense Logistics Agency (DLA) has cottoned onto what is happening in the tin market and, as reported by Fastmarkets, is preparing to sell its first metal in a decade.

The DLA accumulated tin stocks in the 1960s and 1970s as conflicts in Korea and Vietnam heightened concerns about strategic supplies.

The Agency turned seller in the closing decades of the last century. Its last major sale was in 2007, when the tin price was also on a surge, the rally topping out at $25,500 in May 2008.

The current tender is for just 40 tonnes of tin but the DLA may only be testing the waters. As of last September it held 4,015 tonnes of metal, according to the U.S. Geological Survey (USGS).

The tender comes with a disclaimer about the potential weathering of the tin, but with imports still back-logged there is not going to be a shortage of bidders.

DESPERATELY SEEKING TIN
It remains to be seen whether the DLA’s sale is a one-off or the start of a campaign, but it’s not going to be enough to move the global supply dial.

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-18 22:56 | Report Abuse

Tin explode again now. A matter of time
MSC 3 ringgit

Hafid

1,135 posts

Posted by Hafid > 2021-03-19 07:53 | Report Abuse

March 2020 is RM0.515 currently is RM2.17. I'm also hping the share price will go more than RM3.00. Before the bonus issue and right issue is at RM3++ level. Fundamental the share price itself is overvalued in term of PE. When the expectation is high there is a risk that the share price will drop if the result do not turn out to meet expectation. The demand for the technology stuff will be normalised and the EV outlook will here to stay. The demand for the tin will be more than supply since 2018. If your entry price is below RM1.10 than you already get the incredible return on paper if you not yet sell it.

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 07:56 | Report Abuse

Tin cash
29,750.00
+1,549.00+5.49%

We are coming back this season
No denial about it
Hop on the MSC wagon before it’s gone

Posted by Ooi Cheng Kee > 2021-03-19 09:13 | Report Abuse

Yes

MrsLee

977 posts

Posted by MrsLee > 2021-03-19 09:49 | Report Abuse

Once it's break 2.21...surely fly high

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 10:19 | Report Abuse

2.34 breakout
Wait for it

Posted by Ooi Cheng Kee > 2021-03-19 10:24 | Report Abuse

Operator look like still waiting

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 10:57 | Report Abuse

Should be breaking out soon
Watch for it

dalpinia

2,299 posts

Posted by dalpinia > 2021-03-19 12:34 | Report Abuse

WAKE-UP CALL
The consensus is that global tin production will bounce back after a year of COVID-19 disruption, but it’s evidently going to take quite some time to refill a depleted supply chain with shipping constraints a continuing complication.

This super-squeeze looks set to continue.

It’s a major wake-up call for tin producers.

Tin is already set to be a major beneficiary of what is dubbed the fourth industrial revolution. It is also undergoing a period of intense research and development, translating into a lengthening list of potential new uses for the bronze age metal.

Centurion

47 posts

Posted by Centurion > 2021-03-19 13:43 | Report Abuse

There is no "operator" in MSC... StrIaits Trading Co is reputable long term investors. Every one is concerned about inflation now..... tin can be good hedge against inflation. Limited supply

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-19 13:58 | Report Abuse

The prob is retailers here like to become a trader.. haha..wrong counter it seems .go macpie, g3 etc..high risk high return..

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 15:00 | Report Abuse

We don’t want volatile unsafe stocks
We want fundamentally sound stock which is msc
Inflation is confirmed here to grow
Tin is a good hedge
Ultimately it will go the way of Bitcoin
Just wait only

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 15:24 | Report Abuse

Finally broke 2..20
If Monday break 2.34
Then 2.55-2.59 coming
Let’s wait for it

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-19 16:38 | Report Abuse

Looks like Malaysia msc is not following tin price anymore and behaving on its own moving around 2.16-2.19 region consolidation
Have a good weekend and see if any upside next week
We have 5 days next week again
Cheers

Hafid

1,135 posts

Posted by Hafid > 2021-03-19 19:54 | Report Abuse

i think the price may go down to rm1.80.

MrsLee

977 posts

Posted by MrsLee > 2021-03-19 21:31 | Report Abuse

It's break to higher at 2.22..drop to 2.14...

Hafid

1,135 posts

Posted by Hafid > 2021-03-20 09:04 | Report Abuse

tin pricing is down again.

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-03-20 09:20 | Report Abuse

27750.. still okay la. Up so many days Dy..what u expect ? Haha

cg14134

500 posts

Posted by cg14134 > 2021-03-20 17:26 | Report Abuse

My 2cent: Consolidation within 2.00-2.30 till end March, and take off in Apr. Probably got the idea from dream...

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-21 13:16 | Report Abuse

Breakout in April is the perfect strategy
Because 2 months to cheong for results

MrsLee

977 posts

Posted by MrsLee > 2021-03-21 13:27 | Report Abuse

Yea....right timing!!!!

Brookenzo

275 posts

Posted by Brookenzo > 2021-03-22 11:18 | Report Abuse

3 ringgit we coming! Cheers the tin

Hafid

1,135 posts

Posted by Hafid > 2021-03-22 12:07 | Report Abuse

USD26,660

pang72

50,932 posts

Posted by pang72 > 2021-03-22 17:27 | Report Abuse

Tin up but so little profit..
Company mismanagement la..

Better don't buy.. Avoid

pang72

50,932 posts

Posted by pang72 > 2021-03-22 17:27 | Report Abuse

Time to sell la..

Start dropping liao..

Up too much..

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