Posted by cheoky > 2016-11-23 16:31 | Report Abuse

icon nimble mind always go where the money is, salute him & paperlane.

Posted by goody99 > 2016-11-23 16:38 | Report Abuse

too bad no cheap sales near closing time...

Posted by paperplane2016 > 2016-11-23 16:58 | Report Abuse

congrats, 4.50 soon then 5

Posted by paperplane2016 > 2016-11-23 16:59 | Report Abuse

if Dec2016 RM5 how? I will still buy. commodity shortage! once in lifetime, next yr 8

Posted by LA777 > 2016-11-23 17:07 | Report Abuse

Yes, I will continue to accumulate this stock. Thank you to Paperplane and moneySifu.

Posted by paperplane2016 > 2016-11-23 17:09 | Report Abuse

just like KESM, I buy below 4 and it will be 8-9 next yr

Posted by pang72 > 2016-11-23 17:13 | Report Abuse

Write a comment..Fully agreed...can touch rm8

Posted by pang72 > 2016-11-23 17:14 | Report Abuse

I want another 1 fold earning

Posted by Martin99 > 2016-11-23 17:55 | Report Abuse

EPS :

Q1 2016 = 24.90
Q2 2016 = 20.00 (if no provision = -10.3+30)
Q3 2016 = 17.30
Q4 2016 = 17.30 (be prudent)
Total = 79.50

PE 8 = 6.36.....boleh jadi??

Posted by paperplane2016 > 2016-11-23 18:43 | Report Abuse

sgb? no more. Buy MSC better

Posted by 77huat77 > 2016-11-23 21:00 | Report Abuse

Feel wanna buy paper plane can give me some confidence arh hahah

Posted by moneySIFU > 2016-11-23 21:33 | Report Abuse

Hi probability, thank you. In fact, paperplane is the one deserved the credit for discovering this company. :)

Posted by Icon8888 > 2016-11-23 21:35 | Report Abuse

Don't so humble lah. Both also deserve credit

Posted by moneySIFU > 2016-11-23 21:36 | Report Abuse

Hi Martin, it is possible & the profits are expected to be even higher if Tin price continue to soar.

Posted by Icon8888 > 2016-11-23 21:40 | Report Abuse

I also lazy to analyse. if moneySifu and paperplane said can buy, just follow only, sure win

Posted by Op3rs > 2016-11-23 21:42 | Report Abuse

^Superman99 oso in

Posted by paperplane2016 > 2016-11-23 21:59 | Report Abuse

Better don't follow me! Later lose money curse me! I don't need tht, no thank you

Posted by moneySIFU > 2016-11-23 22:02 | Report Abuse

Oh no, Mr Icon, this may be holland trip, who knows? Hehe

But I still hope for the best & let's see how it turns put later.

Posted by moneySIFU > 2016-11-23 22:03 | Report Abuse

Haha, paperplane :)

Posted by moneySIFU > 2016-11-23 22:04 | Report Abuse

Wrongly typed, it should be: let's see how it turns out later.

Posted by Icon8888 > 2016-11-23 22:07 | Report Abuse

Don't so humble lah Ah plane this one RM 8 next year hee hee

Posted by moneySIFU > 2016-11-24 01:28 | Report Abuse

马来西亚公司分析：马熔锡 (ICapital Stock Analysis on MALAYSIA SMELTING CORPORATION)
http://klse.i3investor.com/blogs/MSC/109756.jsp

Posted by moneySIFU > 2016-11-24 02:01 | Report Abuse

Goldman bullish on commodities

Goldman Sachs Group Inc. said investors should bet on higher prices in the next year as manufacturing picks up around the world, the first time the bank has recommended an overweight position for the asset class in more than four years.

http://www.theglobeandmail.com/globe-investor/investment-ideas/goldman-bullish-on-commodities-amid-minings-accelerating-rally/article32973046/

Posted by 77huat77 > 2016-11-24 10:25 | Report Abuse

mycron up 300 % this one at least 500% ba

Posted by fattycat > 2016-11-24 10:30 | Report Abuse

wow..
I wanna join too .
But i wan wait mega sales..hehe

Posted by Jon Choivo > 2016-11-24 10:37 | Report Abuse

EPS :

Q1 2016 = 24.90
Q2 2016 = 20.00 (if no provision = -10.3+30)
Q3 2016 = 17.30
Q4 2016 = 17.30 (be prudent)
Total = 79.50

PE 8 = 6.36.....boleh jadi??

I think your last quarter and Q2 projections are too optimistic. Historically, their last quarter is the lowest, other than in 2013, but for 2013, Q3 lost 22.3M. Secondly, provisions is provisions, you cannot just remove it.

I think
Q1 2016 =24.6
Q2 2016 =-10.3
Q3 2016 =17.3
Q4 2016 =2.0 (its been loss for the last 2 years, lets very optimistically assume that due to high tin price, it will be a 3 m profit this year)

PE 8= RM2.70
PE 18 (Current PE) = RM6. This is only if final quarter breaks 2 year trend of loss, 3 year if you count 2013, where there was a major loss in 3rd quarter.

I think the current price is reflective, but given the amount of people who are going to goreng this stock, and bullish sentiment on resources, it will go up. Just leave early

Can someone tell me why MSC is such a good stock now, other than due to sentiment?

Posted by Jon Choivo > 2016-11-24 10:38 | Report Abuse

Maybe im missing something here.

Posted by goody99 > 2016-11-24 11:12 | Report Abuse

Jon Choivo, we exclude provisions to know the actual earnings/net profit

Posted by lai81533 > 2016-11-24 11:13 | Report Abuse

high risk over price collapse soon

Posted by i3investor123 > 2016-11-24 11:20 | Report Abuse

Think positive, no risk no gain, if the company can maintain Q3 result, which I think it is impossible since the Tin price has gone up more than 20% since Jun. What say you?

Posted by i3investor123 > 2016-11-24 11:32 | Report Abuse

When the average tin prices were moving up during the months of quarter, MSC was making profit that quarter.

When the average tin prices were moving south, MSC was likely making loss, but some quarters MSC made profits out of it.

Posted by IamGoogle > 2016-11-24 11:39 | Report Abuse

In 2013, loss from disposal of Indonesia subsidiary

In 2014, loss from depreciation of RM

In 2015, loss from associated company due to tax liability

What's next in 2016?

Will all these unhappy incidences happen again? My bet is very UNLIKELY.

I agreed with i3investor123, think positive & ride on the commodity boom in 2017, this MSC will be flying soon.

Posted by IamGoogle > 2016-11-24 11:42 | Report Abuse

Let's do some calculation, if the yearly profit of the company = RM100m

At this price, PE is 4.4 only.

High price? High risk? Risks are everywhere. Wining rates of gambling at Genting is about 48%, still so many people go there to bet?

Posted by i3investor123 > 2016-11-24 11:46 | Report Abuse

Jon Choivo, your assumption does not sound prudent or rationale at all, you just simply assuming this quarter will suffer loss due to last 2 years' same quarter's loss.

Please look at CSC Steel, they also suffered loss last year's quarter, so you assume this year's quarter also loss?

Posted by i3investor123 > 2016-11-24 11:48 | Report Abuse

How about Airasia? They also suffered huge loss last year, so they have suffered loss this also, if based on your basis of assumption? This is BUSINESS, not monopoly.

Posted by i3investor123 > 2016-11-24 11:51 | Report Abuse

Agreed to you, Tempac

Posted by i3investor123 > 2016-11-24 11:54 | Report Abuse

Imaging a trader own a rubber estate & selling rubber, will he get richer if the rubber goes up? Or will he get poorer?

Posted by i3investor123 > 2016-11-24 11:55 | Report Abuse

MSC own tin mine in Malaysia & is world 2nd largest integrated producer of tin metal, increase in tin price will only bring more money to the company, NOT worse.

Posted by moneySIFU > 2016-11-24 11:58 | Report Abuse

Very good analysis, i3investor123, thank you for sharing.

Posted by moneySIFU > 2016-11-24 12:00 | Report Abuse

I love your point here:
---------------------------------------------------------------
i3investor123 Imaging a trader own a rubber estate & selling rubber, will he get richer if the rubber price goes up? Or will he get poorer?
24/11/2016 11:54

Posted by moneySIFU > 2016-11-24 12:17 | Report Abuse

I started to buy Mycron @ RM0.45 & CSCSteel @ RM1.45, laughing at the night when Mycron's result released where the impairment loss had push down the profits, making it ugly if compared to last year's quarter.

The price dropped on the next day of announcement QR, but I was buying like crazy, the rest now is history.

I trust this MSC will repeat the same movement since it is only at early stage of going up. More & more people will be attracted to come here IF the tin price continue to go up day by day.

Posted by Jon Choivo > 2016-11-24 12:41 | Report Abuse

Hmm. Ok ill bite. Just bought some.

Posted by Jon Choivo > 2016-11-24 12:50 | Report Abuse

Im wondering what is KM Knowledge Inc doing. Anyone have any idea of this subsidiary.

Posted by soon9913 > 2016-11-24 13:20 | Report Abuse

paperplane power up

Posted by Abismail > 2016-11-24 13:22 | Report Abuse

Hope can make money

Posted by paperplane2016 > 2016-11-24 13:49 | Report Abuse

i like perstim also, but price run too fast.........now focus WTK, MSC, JOHOTIN

Posted by paperplane2016 > 2016-11-24 14:20 | Report Abuse

buy more today

Posted by paperplane2016 > 2016-11-24 16:01 | Report Abuse

hopefully 8 next yr

Posted by John Lu > 2016-11-24 16:02 | Report Abuse

I add some 4.35

Posted by moneySIFU > 2016-11-24 16:38 | Report Abuse

Continuously 2 days top gainer of the day?