Posted by kebling98 > 2023-08-08 23:53 | Report Abuse

Afm down 4% loh
All tin stocks down due to tin price fall lah
Will rebound one dont worry
Btw must give msc management a big like loh
They schedule the maintenance at June while tin price below 25000 loh

Posted by bingoman > 2023-08-09 00:11 | Report Abuse

sell first, buy back later

Posted by KClow > 2023-08-09 07:40 | Report Abuse

U sell i buy from u

Posted by kebling98 > 2023-08-09 08:12 | Report Abuse

My cowboy sifu confirmed MSc made >17 millions in July only loh
Thanks to strong tin price lah
2022 2Q profit all come from mining onlylah. Extraordinary tin price mah that time

Noob trade based on past result
Pro trade based on future prospects
Cowboys counting MSc profits day by day loh
3Q no maintenance confirmed
Higher price 10% than 1Q almost confirmed
1Q 33 millions. 3Q minimum 42 million loh

Posted by apalumaolagi > 2023-08-09 08:38 | Report Abuse

sell sell, lari lari.
waiting to buy.

Posted by troy88 > 2023-08-09 08:52 | Report Abuse

Damn volatile stock this wild animal MSC

Posted by KClow > 2023-08-09 08:59 | Report Abuse

Ok kebling98
I do wat u say
I will buy n hold till next year. No prob.
All in huat ah.

Posted by bullrun2025 > 2023-08-09 09:09 | Report Abuse

heavy selling

Posted by KClow > 2023-08-09 09:10 | Report Abuse

All matched 2.19
If lower i key in 2.15 add

Posted by VincentTang > 2023-08-09 09:11 | Report Abuse

Bought MSC 2.2.

Posted by VincentTang > 2023-08-09 09:12 | Report Abuse

MSC prospect is good

Posted by apalumaolagi > 2023-08-09 09:32 | Report Abuse

MSC trend retracted and rebound at higher.
RSI now drop below 50, waiting for about 40.

waiting for 2.15 to re-enter.

Posted by bullrun2025 > 2023-08-09 09:34 | Report Abuse

everyone cut loss, how?

Posted by apalumaolagi > 2023-08-09 09:36 | Report Abuse

about a week or 2, then rebound higher.
commodity stock, is like that one.
if no plan to buy or sell, just do nothing, and wait.

Posted by KClow > 2023-08-09 09:42 | Report Abuse

😀

Posted by bullrun2025 > 2023-08-09 09:44 | Report Abuse

queue buy at 2.19

Posted by StartOfTheBull > 2023-08-09 09:48 | Report Abuse

Contra players get caught, cut loss and sell to long term holders.😁

Posted by bullrun2025 > 2023-08-09 10:09 | Report Abuse

all selling now, any strategy

Posted by bullrun2025 > 2023-08-09 10:18 | Report Abuse

done again at 2.16

Posted by ValueInvestor888 > 2023-08-09 10:30 | Report Abuse

can bet again at RM 2.16, cheap enough

Posted by KClow > 2023-08-09 10:34 | Report Abuse

I help the sellers..
I buy from them😀

Posted by hng33 > 2023-08-09 11:21 | Report Abuse

Now already enter month Aug, tin price remain sustainable above USD 27k, average tin price for Q3 should around USD 27.5-28k, exchange rate 4.58, about 10% higher than Q2.

Just wait for next Q3 result, MSC should deliver EPS > 11sen

Posted by hng33 > 2023-08-09 11:27 | Report Abuse

Next year, the old Butterworth plant will be decommissioning to pave way for property development. As much as 30% cost saving from smelting segment will boost up MSC profit margin higher

Posted by bullrun2025 > 2023-08-09 11:30 | Report Abuse

property delevopment under MSC?

Posted by hng33 > 2023-08-09 11:34 | Report Abuse

Unlocking value of Butterworth site. A redevelopment of the Butterworth
smelting plant site is already planned to unlock the land value once the
smelting operations is fully relocated to Pulau Indah. The smelting facility is
sitting on 13.9 acres of land while the parent company Straits Trading
Company (STC) owns the adjacent piece of land spanning 26.2 acres. The
combined land will be redeveloped into a mixed residential and commercial
property project and a master plan has been approved with STC which is in
property development to head the development. Meanwhile, development
works are being carried out on the 26.2 acre STC land currently while
MSC’s 13.9 acre land, which with book value of RM78.7m, will only see
work commencing next years later after the smelting operations cease

Posted by hng33 > 2023-08-09 11:43 | Report Abuse

https://www.thesundaily.my/business/straits-trading-malaysia-smelting-unveil-straits-city-in-butterworth-BB9210416

Posted by hng33 > 2023-08-09 12:20 | Report Abuse

Some may said YTLP or YTL is better, and quote MSC can be YTLP 2. but, YTLP Singapore hike electricity price is unsustainable as despite upcoming Q result, Singapore power will boots up further profit to YTLP due to hike in wholesale electricity price
April - 324 MWh
May - 492 MWH
June - 305 MWH

But, since begin July after Singapore introduce cap price, the wholesale electricity price had tumbling to half to only 167.5 Mwh, and these trend lower wholesale price is still remain in Aug 2023

https://www.ema.gov.sg/cmsmedia/Publications_and_Statistics/Statistics/35RSU.pdf

https://www.nems.emcsg.com/nems-prices

Therefore, comparing with unsustainable YTLP Singapore profit margin. MSC have high promising future and sustain elevated tin price from increasing demand EV/ solar/ semicon. 5g etc and future saving cost saving from decommissioning Butterworth plant and redevelopment Proft

Posted by bullrun2025 > 2023-08-09 12:36 | Report Abuse

@hng33, how about deleum? Which one better

Posted by hng33 > 2023-08-09 12:56 | Report Abuse

deleum is cash rich oil and gas company, 60% of current market price is backed by net cash. Dividend payout is 50%, therefore, Deleum is good stock holding for stream of income with increasing trend based on increasing eps growth with increasing orderbook now at RM 560m

I also hold another stock Uzma, but with increasing borrowing/nil dividend due need to fund LSS4 and initial capex for all time high RM 2.9 billion orderbook, Uzma earning growth will be at higher rate forward.

Therefore, for oil and gas exposure, i had balance between high yield deleum and high growth Uzma.

Posted by bullrun2025 > 2023-08-09 13:06 | Report Abuse

Thank you hng33

Posted by ValueInvestor888 > 2023-08-09 13:17 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/05/19/msc-to-decommission-butterworth-smelting-plant-for-improved-efficiency

Posted by bullrun2025 > 2023-08-10 09:11 | Report Abuse

Morning Guys, any strategy to buy MSC? sellers keep coming out

Posted by apalumaolagi > 2023-08-10 09:38 | Report Abuse

RSI still not recover. but show some rebound. buyimg volume got increase. continue to monitor to re-enter.

Posted by Zhuge_Liang > 2023-08-10 09:39 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-08-10 09:41 |

Post removed.Why?

Posted by bullrun2025 > 2023-08-10 09:42 | Report Abuse

investor will rush in to buy hot political link stock, MSC different

Posted by ValueInvestor888 > 2023-08-10 09:46 | Report Abuse

Yes we should vote for PH. PAS/PN is only good at politicking religion and has no knowledge and contribution towards economy development. Let them remains in Kelantan, the poorest state.

Posted by Zhuge_Liang > 2023-08-10 09:47 | Report Abuse

The problem on MSC, I check there is no broker recommends a buy on this stock.
The share price of MSC is determined by future earning and the growth of the earning.
I think that the prospect is good in view of high tin price and future property development in Penang.
I hope to see some analysts will recommend this stock later.

Posted by apalumaolagi > 2023-08-10 10:08 | Report Abuse

there is coverage, the broker are M+. and so far they had being given wrong TP or direction.

Posted by bullrun2025 > 2023-08-10 10:09 | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/68166

Posted by bullrun2025 > 2023-08-10 10:35 | Report Abuse

@apalumaolagi, msc keep dropping, are you still there

Posted by apalumaolagi > 2023-08-10 11:00 | Report Abuse

yes. i am, with diff s position. not worry too much. MSC will be hovering with tin price, unless u seen breakout in tin price, then MSC will follow. commodity stock is the simplest investing when u see a clear macro trending.

Posted by bullrun2025 > 2023-08-10 11:12 | Report Abuse

Thank You apalumaulagi

Posted by troy88 > 2023-08-10 11:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/10/higher-output-set-to-enhance-msc-earnings

UOB TP 2.69

Posted by GreenMinerMSC > 2023-08-10 12:53 | Report Abuse

UOB KH Target price M$2.69. 2023 EPS 26.3 sen , 2024 EPS 36.00 sen and 2025 EPS 42.7 sen forecast.

Posted by bullrun2025 > 2023-08-10 14:01 | Report Abuse

@greenminer, now the eps only 13 sen with the current price, if 26 sen the price will be double

Posted by Zhuge_Liang > 2023-08-10 14:06 | Report Abuse

Posted by GreenMinerMSC > 1 hour ago | Report Abuse
UOB KH Target price M$2.69. 2023 EPS 26.3 sen , 2024 EPS 36.00 sen and 2025 EPS 42.7 sen forecast.
---------------
The share price will move up north soon after this correction.
There is a strong growth in EPS in the next 2 years.
See how low the share price can drop in this correction.

Posted by GreenMinerMSC > 2023-08-10 14:50 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2023

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2023
30 Jun 2022
30 Jun 2023
30 Jun 2022
$$'000
$$'000
$$'000
$$'000
1 Revenue
327,013
408,836
667,071
768,314
2 Profit/(loss) before tax
42,218
54,633
93,852
144,869
3 Profit/(loss) for the period
31,458
39,439
69,546
103,736
4 Profit/(loss) attributable to ordinary equity holders of the parent
28,449
39,450
63,859
103,791
5 Basic earnings/(loss) per share (Subunit)
6.80
9.40
15.20
24.70
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.8100
1.7100

Posted by GreenMinerMSC > 2023-08-10 14:51 | Report Abuse

EPS IS 15.20 FOR THE HALF YEAR 2023.

Posted by bullrun2025 > 2023-08-10 14:54 | Report Abuse

full year will be more than 15.20 x 2 = 30.40, if nothing big happen