That is based on their conservative assumptions. Blue-sky scenario TP can go as high as RM4.71!
Simple math bro, if the first 3 quarters of 2021 with the disruption of lockdowns, MSC already made record-high profit of RM55m with average tin price of $30k. Now tin prices are at $43k, production resume normally and the new low-cost plant also fully running, stronger profit ahead!
PureBULL >>>, [2022-01-25 3:49 AM] DOW must steady eddy. if not many players would turn seller.,.
NASDAQ, the # 1 global stock index = tech stocks r having big PROBLEM now = they r all purebear n r causing weak mkt sentiment everywhere. Nasdaq needs to gain sympathy from Fed chairman. n hopefully he will issue nice words at 2 pm this Wed, NY time. Then safe period of love.making for stocks till next FOMC on Mar 15 n 16th. As always, this tough time too will come to past,,
In an efficient mkt, Mr Mkt will choose to go to stocks with LEAST resistance n fly them 1 by 1 to super high... what can outperform n or go SUPER purebull?
1st EV.METAL stocks in PMBTECH silicon $2.9 billion, MSC tin $1.4 billion only n PMETAL aluminum, lead the way as the proven giant ev.stock at $49 billion now. The other 2 ev.stocks will follow at high speed success...
2nd MEME stocks with NO specific theme.play name. a few select lone.ranger stocks would fly crazzzily in 2022.,.
seek n GO FOR THEM at right.timing WE MUST .,.
NB: this is a very high risk mkt. do take note that only < 3% of all stocks on klse r uptrending. many r holding 97% crap stocks now, esply the naysayers. that explains why 90% of players loss big money in stocks. naysayers, b4 u text, what crap stocks r u having, paid with your hard earned money? must be DT steel, yes or YES?
For me, tin is one of a cyclical coomodity, thus any major changes in USD will affect the companies most that directly involve all. Either go ballastic or down to earth.
Stock.investing today changes at fast pace: + never trust that u own a piece of the biz. that thinking would cause u to be overly too arrogant to act promptly. + never believe that FA never changes, when the stock prices after EUPHORIA peak = Form 6, r dropping down fast. + never do long term stock investment on KLSE stocks.
This is the invincible model :
G SOROS - "Economic history is a never-ending series of episodes based on falsehood and lies, not truths. It represents the path to big money. The object is to recognize the TREND whose premise is false, ride that trend, and step off before it is discredited"
G Soros is an uptrend purebull follower n is advising us to focus on the big money.
Jim Rogers - "Figure out the money and you’ll figure out what’s going on."
Jim Rogers is asking us where is the big money in charts n to find them ourselves.
g Soros's investing MODEL is the best of the everlasting best we can ever receive from a pro. Soros gave us his time proven Strategy complete with Tactics, for our buy n sell guidance.
To win big : Build a template to catch the PERFECT entry n exit pts at right.timing... We have 2 to 4 cycles p.a. of 12 months. the 1st in 2022 could be just at its beginning.,.
PureBULL >>>, [2022-01-28 4:39 PM] Every cycle when the all important MKT SENTIMENT improves, all stocks will go up.
Downtrend stocks will rebound = up 10 to 25% max.
UPTREND stocks would fly to ATH n could fly into prosperous new.blue.sky = up 20 to 50%, even to 100% perhaps.
prepare for outperformance as cyclical investors.
PureBULL >>>, [2022-01-29 2:14 AM] am not bother at all as the famous black US actor advised to avoid all ILIOTS.,. these iliots r total failure in life. i do sympathize with them.
As Buddha, world # 1 human behavioral scientist said: these iliots have to walk the path themselves, nobody can HELP to do it for them,,, esply in STOCKS.,. on a long haul n to CAGR 26 to 31% per cycle.,.
It is useless when you talk to investor who does not use technical chart to analyse the share price. This investor is not in the same frequency as you are.
According to TA, I agreed with you both the share prices of MSC and PMBTech are showing buy signals now.
The share prices of these 2 stocks are above "Golden Cross Buy" signal (I used 20-day EMA to cut above 70-day SMA).
The share prices of these stocks are above 18-week EMA which you used. I used 20-week EMA which is also showing the share price of these 2 stocks are above 20-week EMA.
It means uptrend momentum is very strong for these 2 stocks. Investor who used TA to buy will buy these 2 stocks.
Good luck and I wish you a happy and prosperous CNY 2022. Thank you.
thanks sifu OTB for your e n e, encouraging n empowering words...
we r on the same page now on uptrending stock analytics. there r 2 to 4 cycles p.a. on KLSE. let's catch all the great winning stocks every cycle together at right.timing...
n yes, wishing you n family all the BEST into a prosperous n joyous CNY 2022 n beyond...
NB: Current news flow stated, a. MSC's tin ore production to increase to 12 ton per day from 8.6 ton pre pandemic output. b. The modern smelting plant at Pulau Indah with 30% cost savings, was done at right.timing with 60,000 ton p.a. i.e. double capacity of the 120 yrs plant at Penang. The utilization rate is now at 80%. c. Penang plant to continue to do back log orders caused by MCO closure n to extract the FOC residue intermediaries accumulated over the years. d. The Penang plant has prime land area of 13.9 acres. It is edi approved for mix property development with its parent co. e. TIN is the happening EV.METAL now. Its global demand is expected to be exponential for decades ahead.
NB: when funds finally pick an uptrending stocks = these funds will LOOT.9.E to super high EUPHORIA level at Form 6 for us to harvest happily ever LAUGHTER.,. MSC is 1st stock as TOP scorer to reach new.blue.sky in this CNY.,.
Tin Guru on twitter said the following: "IoT is upon us. Every connected device contains a printed circuit board. Tin is the glue that joins all of the components together. Resource nationalism for semi-conductor production is goIng to drive tin demand. I remain bullish tin in the short, medium and long term."
Also once the global chip shortage issues are addressed, you can bet on the demand for tin to explode from here.
- MSC produced closed 560t of tin concentrates in Q3 at an AISC close to USD17.2k/t.
- Using the same production profile and tin average price at USD37.5k/t and USDMYR at 4.18, MSC's tin mining division will generate an estimated pretax profit of RM47.5m in Q4'21 compared to RM38.7m in Q3'21.
- Now with tin going higher averaging at USD43k/t in Q1'22, the tin mining pretax profit will be much, much higher, estimated around RM60m.
- If tin prices stay the same at USD43k/t, the entire pretax profit is a whopping RM240m for 2022. Now we all know the demand for tin is going to climb higher and not lower, so MSC's profits will likely be much, much higher.
- This is a RM10 share easily once the quarterlies are out showing the tin mining's stellar earnings prowess.
actually the 2020 annual report stated that the net profit will change by $13.5m if the price of tin change by $500/mt. Page 124. So ignoring the net profit in 2020 (cos its quite little), assuming it to be $0, the price then was $28k/mt. Now using $43k/mt (and futures price up to 15 months is $41k/mt), that should be $405m net profits for 2022. Good proxy is to see the profit number for 21Q4. FY22 should be more than 4x 21Q4. All the best everyone!
but this being more of a mining counter, the PE probably wouldn't be 10x; more like 5-7x. so RM6-7 wouldn't be too much of a stretch. of course, this is not including the development value of the butterworth land, but that's going to be realised over 10 years, 2-3 years from now, so can probably ignore first.
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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....
mh87
3,966 posts
Posted by mh87 > 2022-01-25 09:26 | Report Abuse
Crazy reversal from Wallstreet last night.
Rare situation.