Can see all the sellers not that confident ......hahhahaha pity on them ....i bet they look at this forum and saw me talk nonsense ...make them feel uneasy .....then Sellll !!!!! ....
"The letter said customers that buy tin will now have to pay a price determined by MSC, based on its "capacity and ability to process the material," as opposed to the pricing terms in the smelting contract."
now MSC can decide it pricing. volume is low but price is increase..so balance up
I believe some people only read the headlines but don’t read its contents or they just want to sensationalize any seemingly negative news for reasons best known to themselves. They can now decide the pricing. As rightly pointed out, low volume is compensated by high price.
Haha you know why they only sensationalise ? 1) they sold earlier and want buy back cheaper but until now can’t because price keep going up 2) another one is lost monies in February already can’t help it but scream down down down
They didn’t know the news is talking about smeltering for customers which only is small part of the business. The major gem is MSC is a tin miner Having tin is the best as it’s worth 28000 per tonne Smeltering only charge a certain amount. MSC is very smart to release such news to create shortage in tin and push tin price up but yet compensate for slower smeltering revenue and profits More than balance up Let’s revisit this issue when those naysayers say wait below 1.80 and while myself and others say above 3.00 Either way there will be discussion always Cheers
that's the problem when there are people who don't know basic economics. If you feel uncomfortable, then just sell your shares lah.. maybe those who make negative comments do not even own any shares.. The beauty of economics is the price goes up when supply is scarce and when supply increases, the price goes down. When supply is scarce, it's a seller's market - you set the pric - if you don't want to pay, the next person who is willing to pay will buy.. think from the buyer's perspective, if you have no supply of raw materials, your factory cannot operate..
Lotus, now you know why you are talking to brain ? Ignore the noises because no matter how much talk also no use because no one can push the share up or down except the invisible hands We Cheer what we hope for and same for otherwise people.
The letter said customers that buy tin will now have to pay a price determined by MSC, based on its "capacity and ability to process the material," as opposed to the pricing terms in the smelting contract.
When they market is down and a stock is bucking the trend, then you better look hard at that stock Open and go down day Low 239 and bounce to close almost day high This stock weak? Lol Friday we may see 3 ringgit
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vegebotak
1,071 posts
Posted by vegebotak > 2021-04-30 15:15 | Report Abuse
MARKY, IF u DONT FEEL GOOD on this MSC just leave it alone . Why keep posting here n irritating others ? Haha...
Unless u hold some ?
Hiak3