Posted by skyjet > 2022-12-16 14:06 | Report Abuse

Tin price drop around 3% today.

Posted by serbatipu > 2022-12-20 17:04 | Report Abuse

accumulate lagi 1.46

Posted by hng33 > 2022-12-20 23:09 | Report Abuse

Oversold alrdy, should rebound soon

Posted by hng33 > 2022-12-20 23:15 | Report Abuse

US chip sunction on China will prompt China to accelerate semiconductor development. China is working on a more than 1 trillion yuan support package for its semiconductor industry, in a major step towards self-sufficiency in chips. Demand of tin in China semiconductor industry will be booming, future of tin is bright

Posted by airfan99 > 2022-12-22 10:09 | Report Abuse

wait for 0.40

Posted by serbatipu > 2022-12-23 15:04 | Report Abuse

vbrooommmm

Posted by airfan99 > 2022-12-28 11:47 | Report Abuse

On the whole, the import data in November showed that the supply surplus of raw materials eased, and the TCs stabilised. The operating rates of smelters in the two provinces fell slightly amid the pandemic. On the demand side, the rising tin prices inhibited the release of elastic demand. Enterprises purchased as needed before the Chinese New Year, but domestic inventory declined obviously. At present, the supply and demand in the spot market were both weak, and the fundamentals were relatively stable. However, the futures market was active amid the favourable macro policy. The recent futures prices may fluctuate greatly due to weak fundamental.

Posted by hng33 > 2022-12-29 22:13 | Report Abuse

add more msc at 1.55-1.56

Posted by hng33 > 2023-01-04 11:48 | Report Abuse

building up momentum

Posted by hng33 > 2023-01-09 09:48 | Report Abuse

sold some MSC at 1.62-1.63

Posted by hng33 > 2023-01-09 09:50 | Report Abuse

sold more at 1.64

Posted by hng33 > 2023-01-09 09:55 | Report Abuse

locked all profit

Posted by VincentTang > 2023-01-09 10:00 | Report Abuse

Tin price up, top up MSC.

Posted by VincentTang > 2023-01-11 09:25 | Report Abuse

Tin price up again, top up MSC.

Posted by KClow > 2023-01-11 11:00 | Report Abuse

Yes ok top up again done

Posted by VincentTang > 2023-01-12 09:31 | Report Abuse

Tin price up again. Top up again.

Posted by KClow > 2023-01-12 09:39 | Report Abuse

Yes ok done tq

Posted by KClow > 2023-01-12 13:08 | Report Abuse

@vincent
I all in msc ?
Can limit up??

Posted by VincentTang > 2023-01-12 14:58 | Report Abuse

Tin price break 27000. Top up MSC

Posted by 黄 财 > 2023-01-12 15:20 | Report Abuse

Where you see you price up 27000? Tq

Posted by KClow > 2023-01-12 15:39 | Report Abuse

Toped up.
Huat ah
Limit up.coming

Posted by VincentTang > 2023-01-12 15:56 | Report Abuse

Huh, tin price 27200 now.

Posted by VincentTang > 2023-01-12 15:57 | Report Abuse

Once break 1.8, sky is limit.

Posted by KClow > 2023-01-12 15:58 | Report Abuse

Ok ok all in waiting limit up

Posted by KClow > 2023-01-13 07:56 | Report Abuse

Tin up
Msc come on limit up

Posted by StartOfTheBull > 2023-01-13 08:05 | Report Abuse

Average tin price still about the same as last quarter, any upside is possibly for the quarter Jan - Mar 2023.

Posted by KClow > 2023-01-13 08:25 | Report Abuse

@start
Ur comments are wrong.
Tin price on firm uptrend.
Sure going to new highs.
And so will msc touch new highs.

Posted by KClow > 2023-01-13 09:41 | Report Abuse

Pity those jokers like hng33 who sell msc.
They dont know tin n msc on uptrend like to last a long time.

Posted by VincentTang > 2023-01-13 10:12 | Report Abuse

Break 1.8, sky is limit. Tin price now 27900. Crazy.

Posted by KClow > 2023-01-13 10:13 | Report Abuse

Bull run in tin and msc started aldy.

Posted by TrendLai > 2023-01-13 15:37 | Report Abuse

The world biggest Tin mine is suspended temporary due to political unrest!
Peru

Posted by TrendLai > 2023-01-13 15:39 | Report Abuse

Short squeeze in supply

Posted by TrendLai > 2023-01-13 15:42 | Report Abuse

https://www.thestar.com.my/news/world/2023/01/11/peru039s-mining-south-rocked-by-violence-braces-for-039endless-battle039

Posted by StartOfTheBull > 2023-01-15 16:53 | Report Abuse

After Peru, now coup attempt in Brazil.
https://edition.cnn.com/2023/01/14/americas/brazil-congress-riots-timeline-intl-latam/index.html

Posted by VincentTang > 2023-01-15 17:14 | Report Abuse

Tin price increase to 28707 now. MSC tomorrow up up up. Huat ah.

Posted by TonsilBasher > 2023-01-15 21:39 | Report Abuse

Any idea why the price increased so much?

Posted by serbatipu > 2023-01-15 21:55 | Report Abuse

China tin miner workers start holiday , less tin production.

Posted by KClow > 2023-01-15 23:05 | Report Abuse

Limit up.

Posted by KClow > 2023-01-16 10:04 | Report Abuse

Oi vincenttang.
Keep us uptodate on tin price

Posted by StartOfTheBull > 2023-01-16 10:11 | Report Abuse

Any other latest news for tin?
https://tradingeconomics.com/commodity/tin

Posted by KClow > 2023-01-16 11:37 | Report Abuse

Huat ah....

Posted by TrendLai > 2023-01-16 13:57 | Report Abuse

Tin supply panic, more to come

Posted by KClow > 2023-01-16 14:22 | Report Abuse

I love short squeeze...
Tin up up up

Posted by hornbill > 2023-01-16 14:32 | Report Abuse

Tin price trading USD28,756.00

Posted by KClow > 2023-01-16 14:47 | Report Abuse

Pity those ignorant fellas who sold msc cheap.
Now u see it go up up up.

Posted by StartOfTheBull > 2023-01-16 15:10 | Report Abuse

China accounted for about 30% of global tin production. Now long lunar new year holiday has begun couple with fear of coronavirus spread may reduce tin production; this may be the reason tin price surges sharply.

Posted by troy88 > 2023-01-16 15:18 | Report Abuse

the charts don't lie. Tin prices on a big resurgence..

Posted by VincentTang > 2023-01-16 15:40 | Report Abuse

More to come for MSC. Buy and hold tight.

Posted by SEE_Research > 2023-01-16 23:47 | Report Abuse

To : All

From : SEE_RESEARCH issued on
10.00 am . , 5 October 2022

Momemtum Stock for swing trades
MSC / 5916

1. Current low RM1.36 _
that is 52 weeks low as well.
30 September 2022 / Friday

52 week high was
RM 5.46 / 1 March 2022 ,

many days from 1 March 2022 to 7 March 2022 __
trading bend
RM 5.03 to RM 5.44 .

Current trading bend
2. Trading bend from 27 September to 5 October 2022
RM 1.43 to RM 1.51

1st support RM 1.43
2nd strong support RM 1.36

1st resistance RM 1.51
2nd stronger resisitance RM 1.62

As at now making attempt to breakout at RM 1.49 / RM 1.50 for RM 1.62

3rd resistance RM 1.69

Good write up on latest update report

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


Malaysia Smelting Corp
Improved Efficiency,
Higher Output
By Teh Kian Yeong / tehky@kenanga.com.my

INVESTMENT MERIT
MSC is poised for improved efficiency (via the consolidation of its tin smelting operations) and higher output (by exploiting the eastern boundary of its existing tin mine in Perak, which will be made possible with the acquisition of neighbouring land).

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
We value MSC at RM3.13
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

based on DCF (WACC: 8.1%; TG: 2%) which implies FY22E PER of 8.6x ADD.

Key takeaways from our recent engagement with the company are as follows:

1. Despite the sharp fall from a high of USD48,865/MT in March to USD25,000/MT currently, the spot tin price is still significantly above MSC’s cash cost with levy of USD15,000-16,000/MT;

2. MSC expects to still realise super good tin prices in 2QFY22, despite prices seen to moderate from 3QFY22;
3. MSC is in the midst of consolidating its entire tin smelting operations under the new plant in Pulau Indah. It is in the process of shutting down the older plant in Seberang Prai, by end-2023. In terms of cost savings, the low-lying fruits would be a 30% reduction in headcount (from 600 to 390), coupled with better utilisation rate of the more efficient Pulau Indah plant as well as internally generated solar energy.
4. MSC is getting two bites of a cherry from the recently proposed acquisition of Asas Baiduri which owns a piece of land adjoining the eastern border of MSC’s existing tin mine in Perak. Firstly, MSC could raise its mining output by 67% to 15MT/day in FY23 from 9MT/day currently by exploiting the eastern boundary of its existing tin mine in Perak, which would be made possible with the acquisition of neighbouring land. Secondly, it would be able to expand its tin mining operation to the land to be acquired within the next five years.
A record year in FY22. MSC guided for a record year in FY22, backed largely by: (i) super good tin prices realised in 1HFY22; and (ii) additional mining output from the eastern border of its existing tin mine in Perak from 4QFY22 (which will continue to drive mining output growth in FY23). Meanwhile, it guided for reduced profits from tin smelting operations from 3QFY22 as its smelting capacity will be deployed largely for the smelting of third-party tin ores (which commands lower margins) as compared smelting of internal tin intermediates (which commands better margins) during 1HFY22.
We project FY22-FY23 net profit estimates of RM152.3m-RM127.3m (vs. RM118.1m actual net profit in FY21) based on 2022/2023 consensus tin price forecasts of USD31,784/USD24,650 per MT.
Valuations and recommendation.


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
We value MSC at RM3.13
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
based on DCF (WACC: 8.1%; TG: 2%) which implies FY22E PER of 8.6x.

There is no adjustment to fair value based on ESG (3-star ESG rating as appraised by us).

ADD.

Posted by SEE_Research > 2023-01-16 23:53 | Report Abuse

MSC/ 5916

To : All

From : SEE_RESEARCH issued on 11.50 pm., 16 January 2023 / Monday

1. Pls note on my earlier message on buy calls at RM 1.40 to RM 1.43 level ___

DO NOT CHASE AND BUY


Wait for retracement

AT THIS LEVEL RM 1.99 / RM 2.00

WAIT PATIENTLY
WAIT PATIENTLY
WAIT PATIENTLY


FOR RETRACEMENT FOR THE COMING TRADING DAYS
AFTER 17 JANUARY 2023 __

FOR THOSE WHO HAVE INTEREST TO BUY ___ CAN CONSIDER ON WEAKNESS AT RM 2.00
/ FIRST CURRENT SUPPORT LEVEL .


Importantly, MSC


STILL HAVE MANY GOOD LEGS TO RUN BACK TO
RM 3.00 and above.


RM 5.45 / the 52 weeks high