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 7 hours ago

Posted by Ooi Cheng Kee > 2021-04-20 10:06 | Report Abuse

Yes

brian3381

1,888 posts

Posted by brian3381 > 2021-04-20 12:43 |

Post removed.Why?

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-20 14:46 | Report Abuse

100 mil ringgit looks alright
100 mil ringgit per quarter not possible
100 mil divide by 4
Each quarter 25 mil ringgit
Why not
Last one is based on 18000 usd per tonne
Now is based on 25000 usd per tonne and future maybe based on 30000 usd per tonne
Full year 100 mil ringgit is likely for 2021
5-8 ringgit is justifiable

Posted by marky2kalpha > 2021-04-20 16:35 | Report Abuse

Come on MSC ....its been a week already price no move ......hope to see the price further up tomorrow

Posted by marky2kalpha > 2021-04-20 16:47 | Report Abuse

Why laaa only few cents up drop again ......please laaa retailers go away ....no confident better dont buy laa ...annoying those selling ...

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-20 19:21 | Report Abuse

Most of the shares are in strong hands now. Don’t bother those small sellings. The price is holding on Low volume very well.
Everyone is waiting for the big pump up circuit breaker limit up. That one day is coming. Should be by end of April.
Breakout must be 237 we can March towards 300.
Cheers

Posted by marky2kalpha > 2021-04-21 09:29 | Report Abuse

Better stay away .....

Posted by marky2kalpha > 2021-04-21 09:41 | Report Abuse

Annoying seller ......go away laaaa...no use retailers

Posted by marky2kalpha > 2021-04-21 09:43 | Report Abuse

2.25 drop from 2.30 ...what da heck --- MSC !!!

Posted by Ooi Cheng Kee > 2021-04-21 09:52 | Report Abuse

Back to 2.29, relax bro

Posted by marky2kalpha > 2021-04-21 10:58 | Report Abuse

Still many short term retailers need to wash out .....because they are too annoying

Posted by marky2kalpha > 2021-04-21 11:23 | Report Abuse

Go away .....short term player no usee.....

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-21 12:12 | Report Abuse

Almost out already the weak holders .
Wait for 2.37 big breakout convincingly

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-04-21 13:53 | Report Abuse

Hahah most of here hold for 2 months Dy.. what I can see is operator haven't push.. volume also very small.. just wait for it only..

Posted by marky2kalpha > 2021-04-21 14:32 | Report Abuse

Still got weak (short term player ) .....because of them the price hard to pushhh .....wash wash completely today .....reallyyyyyyyy annoying ...

Posted by marky2kalpha > 2021-04-21 14:46 | Report Abuse

Dear Weak retailers (Contra player) pls sell to me ...i buy from you .....you are not suitable to invest in this counter ......go go away

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-21 15:41 | Report Abuse

It’s a matter of time to push
Chart says next week closer to end of April
Let’s see accurate or not

Posted by marky2kalpha > 2021-04-21 15:49 | Report Abuse

i think next week price will be around 2.31 - 2.41 .....based on current market and votality of this counter ...by end of Apr....cannot be above 3 since too many contra player keep selling

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-04-21 16:28 | Report Abuse

I don think contra player here.. coz currently this stock is in consolidation phase..plus volume not high.. contra player prefer momentum stock such as ucres, dataprep etc.. buy n sell is mostly from operator..left hand to right hand , vice versa.. they will push when they want to..

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-04-21 16:30 | Report Abuse

No need see daily one .. coz the price won't fluctuate much la.. base is 1.85, 1.86 there..

Posted by marky2kalpha > 2021-04-21 16:44 | Report Abuse

Guess tomorrow will be the same volume as today.

Posted by marky2kalpha > 2021-04-21 16:46 | Report Abuse

last week plus this week is the boring week ...

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-04-21 16:49 | Report Abuse

Most likely bro..hehe.. happy investing :)

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-21 17:10 | Report Abuse

It has 3 ringgit all written on the wall
Soon it will happen

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-21 17:15 | Report Abuse

There are no contras anymore
Basically those sellings are impatient ones
Volume has shrunk so much that operators have takeover the shares
Just get ready for the eagle to soar past 3 ringgit

Posted by marky2kalpha > 2021-04-21 17:38 | Report Abuse

Come on Tin Mining, Tin industry show something bigger.

Posted by marky2kalpha > 2021-04-22 10:01 | Report Abuse

boring counter end of Apr only i go to this counter laa .....close 1st

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 10:26 | Report Abuse

We are going 237 soon
Breakout huge volume then
End April coming
Big big big run
3 ringgit we come

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 11:26 | Report Abuse

237 brokeout as expected with volume
we are game on now!!
next target 258-262 and we are breaking 3 ringgit.
still have 2 months to play for results.
lets go 5 ringgit

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 11:52 | Report Abuse

@marky2kalpha
You closed early.
It has broke out the trendline 237
now is going 258-262
After which is going 3 ringgit for sure
The operators hold the stocks plenty and well
good job

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 12:06 | Report Abuse

245 ringgit!! Holy .
Today can we have limit up?
Next level 258-262
Come on! Good one

Posted by johnnygoodnews > 2021-04-22 12:29 | Report Abuse

LOndon Tin LME Tin pricesTinTIN DATE VALUE
LME Official Cash Ask ($/MT) 21 Apr $28,275.00
LME Official 3M Ask ($/MT) 21 Apr $26,917.00, MSC easy can reach $3-5 ringgit

Posted by johnnygoodnews > 2021-04-22 12:31 | Report Abuse

This counter are not for contra player.. BB accumulate...Load b4 they push to $3++

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 12:42 | Report Abuse

Johnny
My target is 5-8 ringgit by year end

FCTITAN

35 posts

Posted by FCTITAN > 2021-04-22 13:35 | Report Abuse

Brokenzo bro really that confident will go to 5-8 lo, any reason why u gave it such high TP? I bought low, so thinking whether to sell after QR released, im gonna hold as long as the tin price remains 25k above and QR keeps improving.

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 14:01 | Report Abuse

@
FCTITAN

I see Tin going 40000 just like how bitcoin i saw 6000 go to 60000.
The supply is so limited until demand cannot cope.
Alot of miners now then start to re open the old mines in other countries trying to get more copper.
But they cannot beat MSC technologies.
MSC cost is 15000/tonne and whatever above is all profits.
Plus their inventories are huge all sitting on paper gains without even selling.
The new smelter technology will increase 50pct more plus less overhead.
All these means more profits.
I am eyeing their jewel 20 hectares prime land in penang for end of december going to start re develop with singapore straits trading which will contribute to RNAV value once all the land develop into condos and commercials.
These are bonuses which will add another few ringgit to the tin business.
Therefore, my expectation is at least 8 ringgit in 2022.
if Tin go beyond 50000, then 10-12 ringgit by 2023.
Its a ballistic multi gainer like Top Glove.
Now is last chance to buy before 3 ringgit is gone.
Those keep thinking since 1.82 if dont buy must be crying by now.
next target is 3 ringgit.

FCTITAN

35 posts

Posted by FCTITAN > 2021-04-22 14:35 | Report Abuse

Thanks for your reasoning, a solid one with facts too. The only thing im worried is the tin price due to its volatility, if the commodities supercycle ends, the profit of MSC will be reduced. Even though it seems now, there is no such problem, but we dont know when this tin supercycle will stop. Just my tiny worries feel free to provide more insights.

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 14:56 | Report Abuse

@fctitan
I can understand that one day the commod super cycle will slow down but if by then the price of tin is say 38000 and even if it weaken, the cost of MSC is still 15000.
So no matter what , it will always make profits and much higher than before 2021, hence the price will be supported
The jewel in the crown is it’s going to be a property developer with straits holding and Penang land is good land.
On business point, it has 2. One is tin one is properly
So one is confirmed profits from tin and one is rnav of property grow higher and higher once top condo and commercial.
Hence msc I reckon will be 8-12 ringgit
Not an impossible dream . It won’t be this year but next year onwards.
Just hold tight and enjoy dividend. I Guess along the way the mgt may announce bonus issue or stock split and de javu again.
Bonus n split and push up again to pre level
Shareholders rewarded
Stay calm stay cool
Stay patience
MSC will be very rewarding

G-boy

437 posts

Posted by G-boy > 2021-04-22 15:26 | Report Abuse

anyhow.. tin future going to find back previous resistance which is 33000usd in year 2011

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 16:43 | Report Abuse

It will break 33000.
Just wait for it

brian3381

1,888 posts

Posted by brian3381 > 2021-04-22 19:44 | Report Abuse

Cyclical la tis one. Even tin px high oso cannot reach back 270

Centurion

47 posts

Posted by Centurion > 2021-04-22 20:10 | Report Abuse

Government promoting mineral industry now. MSC is the only mineral industry listed on KLSE with more than 100 years experience

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-22 20:35 | Report Abuse

@brian3381
You sure cannot reach 270?
Let’s stay tune
271 you post again here ok?
I will be inviting you

Belila

79 posts

Posted by Belila > 2021-04-23 00:00 | Report Abuse

G boy
2011 n 2021 different 10 years.
Msc needs big boys to rally up.
Big boys will overwhelmed retailers. Retailers very vital for msc. For leverage the price.

Welcome bigs boys n greeting retailers
See you at 270 n fly to 290

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-23 06:37 | Report Abuse

See you guys soon. Next destination 258-262.
As I mentioned before, starting end April the chart probably says pump till results day end June.
By then, we could be around 4-5 ringgit. Insiders definitely have the figures results for the June results already. The results should be excellent.
Get ready. My wish and target is 5 ringgit June.
Double from now.
All prosperous here in msc

G-boy

437 posts

Posted by G-boy > 2021-04-23 10:10 | Report Abuse

all commodities steel/tin/lumber are in good trend.. hold to max to enjoy the inflation

Brookenzo

275 posts

Posted by Brookenzo > 2021-04-23 10:19 | Report Abuse

2.43 ringgit now
Next target breakout 2.58-2.62
If it hit there very soon, we will be right next to 3 ringgit very soon

Diamond7

2,329 posts

Posted by Diamond7 > 2021-04-24 06:56 | Report Abuse

Up up up..
Commodities ....ron ore n tin keep moving up!
Soon will be 3.00
Then 4....Then 5

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-24 09:53 |

Post removed.Why?

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