Market is 6 months in advance. The price of tin at LME US30000 per ton is the base. Now the price is hovering at 37800 and Qtr result would beat analysts consensus. My two sen opinion
Tin hit an all-time high this year, and was the best performer across the base metals space with a year-to-date gain of nearly 80%. In a context of mixed macrodynamics, the remarkable appreciation of tin prices has primarily been due to extremely bullish supply/demand dynamics.
On the supply side, the Covid-19 pandemic has impacted key tin-producing countries like Indonesia and Malaysia, resulting in lockdowns and output curtailments. It has also disrupted concentrate supply, especially from Myanmar, the world’s largest producer, where Covid-19 restriction measures have undermined the flow of raw material to Chinese smelters. And in China itself, Yunnan province was impacted earlier this year by a heat wave and energy consumption restrictions, undermining smelting activity.
On the demand side, tin has benefited from firm demand from the electronics industry. According to the Semiconductor Industry Association (SIA), global semiconductor industry sales expanded by 23% year on year in the first seven months of the year, with robust demand across all major regional markets.
i hope tin futures will retrace..is not healthy if keep up.. it will bad impact to downstream.. hope tin futures price will maintain at 30k above for 2years then perfect
Haha hit uob's target price already. i'm sure there are much more upside after MSC release its earnings this year and also after the new Pulau Indah plant fully running next year with the tin prices are still strong!
Tin - the ‘forgotten eV metal’. MSC the forgotten GEM. --------------------------------------------------- As other commodities gain public attention tin is quietly gaining momentum as a performance enhancing component in all of the three generations of advanced anode materials that have been roadmapped to 2030.
MSC, a world’s leading tin smelter with 120 years of history, stands poised to benefit from a new and modern smelting plant in Pulau Indah.
With new smelter ie Toll Smelter- commencing operation in 4Q 2021 will increase the existing capacity by another 50% together with higher tin prices and reduced labour costs are definitely going to result in better performance results going forward.
In addition -the new smelting facility at Pulau Indah which acts as the transportation hub, iwould be more efficient in importing and exporting tins. New tin mining sites with huge potential is going to benefit MSC with current tin price hoovering at all time high at USD38.5k per tonne. (As of January 2021 the spot tin price was USD 21k per tonne ).
One thing is clear, from the lead acid batteries to advanced lithium ion batteries and to the next game changer - i.e. solid state batteries, it is clear that going forward, there are multiple opportunities for tin compounds and tin alloy to be featured in tin soldering and apply in anode technologies of EV batteries.
Pioneering lithium-ion battery start-up StoreDot is focusing on silicon and tin to achieve extreme fast charging. Their first five-minute batteries will be available for testing later this year, while mass production will begin in 2024
TIN prices were at $21,000 in Jan 2021. It is now at $37,500 now. The uptrending looks so strong.
MSC, the 3rd largest global TIN producer has been supplying to the world mkt for 120 years. MSC with a well timed, brand new large plant, strategically located at port Pulau Indah for exports, should easily be worth a $5 billion stock n more,,,
This is a solid bull run on EV.METALS = the only metals with real increasing high demand at increasing prices. this EV biz will grow exponentially with certainty of more EV on the road.
NB: steel is for building n construction. every country has import tariff on steel.
Global fin exam TOPIC: EV IS DRIVING SUPER HIGH DEMAND IN EV.METAL N EV.TECH FOR DECADES
This is just the BEGINNING, look at how bullish these EV.METALS r:
LITHIUM +311% ytd, $191,500 now TIN +82%, $37,040 COBALT +75%, $56,545 ALUMINUM +38%, $2,735
SILICON +173% since Aug 1st, 2021, cny$41,375
Our PMETAL, a KLCI component stock at $50 billion mkt cap is the mkt proven giant stock now n will only be growing larger. PMBTECH n MSC r the next coming multi bagger stocks available on KLSE...
Posted by PureBULL ... > Nov 12, 2021 5:10 PM | Report Abuse X
In stock.investing on a long haul, 1st thing 1st look into the biz model. There r 2 to 4 cycles p.a. on KLSE for us to CAGR 26 to 31% or more, ie. BIG money.making.
Each mkt cycle, there is always a Theme.Play = Stocks must have the best GLOBAL biz wanted by the growing world mkt.
Today now it should be EV.ECONOMY on a huge biz wave at its earliest beginning n to grow exponentially for decades to century i.e.
EV.TECH n esply EV.METAL stocks, yet to be discovered by the funds fraternity.
these r the world player stocks available in msia for U to accept to grow RICH.,.
++++++++++++++++++++++++++++++++++++++++ HOW TESLA FLIES HIGH AT MAXIMUM SPEED UP DAILY
Tesla has the youngest CFO in giant stocks on wallstreet. The super talented 30 something Indian has 2 ivy degrees: B of mech engine n econ of wharton + MBA of harpor.
This is how he told the analysts n fund mangers conference: TESLA 1) has no cars to deliver to the customers fast. how to think of whether there is mkt for EV? 2) Tesla will produce 2 millions EV a year soon 3) Tesla is planning to do 20 millions p.a.
This lingo is the catalytic impetus to fly a stock,,,
Dear TESLA, EV.TECH d&o, mpi, greatec, inari n EV.METAL pmetal n esply pmbtech n msc, stocks on KLSE, will follow U to fly HIGH...
MSC, a global EV.METAL stock n 3rd largest in exporting TIN:
Year 2020, Revenue = $800 mill with tin ASP at $16,000. Year 2021, Selling price of TIN went up in a straight line from $21,000 in Jan 2021 to $37,500 now = up +78%
Year 2022, Say ASP up +50% at $31,500, then increase in PAT = a whopping $800 revenue x 0.5 = $400 million PAT + increasing yearly vol demand = i.e. the formula to a coming super GROWTH stock ( ASP should be 31500/16000 = up +96% over year 2020 if u wish to dramatize the PAT)
this is the same exact way like valuing GLOVES in 1st half year 2020. the big difference is global EV.METAL demand will grow n grow higher in each year for decades n centuries!
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....
xiaohe128
72 posts
Posted by xiaohe128 > 2021-10-15 15:20 | Report Abuse
jaycee89..no more 1.8...can 2.8?
target price rm10