MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.85

Today's Change

+0.01 (0.35%)

Day's Change

2.81 - 2.89

Trading Volume

783,900


8 people like this.

4,840 comment(s). Last comment by 4dking777 4 days ago

Posted by bullrun2025 > 2023-08-26 20:15 | Report Abuse

Apalumau, all ppl run de...... How

Posted by apalumaolagi > 2023-08-27 09:25 | Report Abuse

its simple actually. supply is tight and it going to tight for the rest of the year, demand is not yet pick up quickly enough to destock the tin surplus storage in LME and SMM.
next quarter, MSC result will be way better.

Posted by bullrun2025 > 2023-08-28 07:05 | Report Abuse

Result better, and not explode. Thats why run away de

Posted by apalumaolagi > 2023-08-28 08:52 | Report Abuse

latest storage levels of LME Tin as of **Friday, 25 August 2023** are as follows:

| Location | Opening Stock | Live Warrant | Cancelled Warrant | Closing Stock | Change |
| -------- | ------------- | ------------ | ----------------- | ------------- | ------ |
| Baltimore | 0 | 0 | 0 | 0 | 0 |
| Busan | 0 | 0 | 0 | 0 | 0 |
| Chicago | 0 | 0 | 0 | 0 | 0 |
| Detroit | 0 | 0 | 0 | 0 | 0 |
| Johor | 1,000 | 1,000 | 0 | 1,000 | -100 |
| Kaohsiung | 2,000 | 2,000 | 0 | 2,000 | -200 |
| Kuala Lumpur (Port Klang) | 1,500 | 1,500 | 0 | 1,500 | -150 |
| New Orleans (Metairie) | 3,000 | 3,000 | 0 | 3,000 | -300 |
| Rotterdam | 4,500 | 4,500 | 0 | 4,500 | -450 |
| Singapore (Jurong) | 5,000 | 5,000 | 0 | 5,000 | -500 |
| Total/Weighted Average Price (WAP) in US$/tonne | 17,000 | 17,000 | 0 | 17,000 | -1,700 |

The total closing stock of LME Tin decreased by **1,700 tonnes** from the previous day. The weighted average price of LME Tin was **25,870 US$/tonne**, down by **0.98%** from the previous day¹.

Posted by bullrun2025 > 2023-08-28 10:16 | Report Abuse

apalumau, keep selling now, are you buying now

KClow

1,200 posts

Posted by KClow > 2023-08-29 17:25 | Report Abuse

7 sen divi again jakpot

KClow

1,200 posts

Posted by KClow > 2023-08-29 18:50 | Report Abuse

Msc better than pmetal

KClow

1,200 posts

Posted by KClow > 2023-08-29 19:02 | Report Abuse

I bet none of u expected that..lol..those who sold bang bals now

Sc Lee

76 posts

Posted by Sc Lee > 2023-08-30 08:58 | Report Abuse

gratitude

Posted by apalumaolagi > 2023-08-30 09:34 | Report Abuse

wow, good news.

Posted by apalumaolagi > 2023-08-30 09:38 | Report Abuse

RSI rebound. good time to reenter.

Posted by GreenMinerMSC > 2023-08-30 10:17 | Report Abuse

Looks like not many people know of the 7 sen interim dividend . Any newspapers mentioned it ?

hng33

19,840 posts

Posted by hng33 > 2023-08-30 11:05 | Report Abuse

bought back MSC at 2.21-2.22

hng33

19,840 posts

Posted by hng33 > 2023-08-30 17:29 | Report Abuse

Our strong financial position and the resilience we have shown in
various market conditions enable us to reward our stakeholders while also
investing in our long-term growth and innovation strategies. Charting ahead,
we continue to execute our strategic plans to enhance efficiencies across the
Group to capture arising opportunities. We remain positive on the future of
the tin industry. The increase in renewable energy (“RE”) and electric vehicles
(“EV”) adoption, as well as digitisation presents an exciting time for tin. We
anticipate a growing demand for tin, with the metal emerging as an integral
component in the technology-era

hng33

19,840 posts

Posted by hng33 > 2023-08-30 17:31 | Report Abuse

The decision to declare an interim dividend underscores our confidence in the
Group’s performance and future prospects. MSC has declared a first single-tier interim dividend of 7 sen per share in respect of the financial year ended 31 December 2023 (“FY2023”).
This equates to a total dividend payment of RM29.4 million, translating to a
dividend payout ratio of 46% of MSC’s net profit attributable to owners of the
company (“net profit”) in the first six months of financial year ended 31
Decmber 2023 (“1HFY23”) of RM63.9 million

KClow

1,200 posts

Posted by KClow > 2023-09-04 08:52 | Report Abuse

Just ignore hng33..he promote then say sold.lol..
He thinks he can outsmart msc. Msc simple buy n hold n relax.
I adviced him.this when msc was rm1.8 if he just held it today it will be 2.27 plus 7 plus 7.on the way.
2.41 minus 1.8
61 sen gain more them this 2 sen or 3 sen gain ..
So remember ok msc is a buy n hold ...
Not a sell few sens up n down..

troy88

2,574 posts

Posted by troy88 > 2023-09-04 10:39 | Report Abuse

that fella likes to lompat sini sana like katak

KClow

1,200 posts

Posted by KClow > 2023-09-04 11:24 | Report Abuse

His remisier sure like him.
Give them alot of trade n money lol

Posted by GreenMinerMSC > 2023-09-06 11:03 | Report Abuse

MSC Earns Recognition for
“Highest Growth in Profit After Tax Over Three Years”
Award at The Edge Malaysia Centurion Club 2023

KClow

1,200 posts

Posted by KClow > 2023-09-06 12:02 | Report Abuse

Yes congrats msc and its shareholders

Posted by apalumaolagi > 2023-09-13 09:19 | Report Abuse

ex div 7c today, open at 2.19. yesterday closed 2.26.

東风

75 posts

Posted by 東风 > 2023-09-13 19:06 | Report Abuse

Not bad, today still can close at 2.2

Posted by apalumaolagi > 2023-09-14 09:40 | Report Abuse

wa region mine concentrator kick started. mining reopen not yet announce

Posted by apalumaolagi > 2023-09-18 14:49 | Report Abuse

LMEselect Tin 3 Month, USD/mt
LME
Latest:26,190
+487 (+1.89%)

Sep 18, 2023 14:44:39

Posted by apalumaolagi > 2023-09-18 14:50 | Report Abuse

sudden peak in tin price today

Posted by GreenMinerMSC > 2023-09-18 14:51 | Report Abuse

LMEselect Tin 3 Month, USD/mt
LME
Latest:26,180
+477 (+1.86%)

東风

75 posts

Posted by 東风 > 2023-09-20 10:23 | Report Abuse

No power😂

Posted by StartOfTheBull > 2023-10-01 13:16 | Report Abuse

Tin future has dropped below USD 24,000 per metric ton.

hng33

19,840 posts

Posted by hng33 > 2023-10-02 18:15 | Report Abuse

Today sold msc due to further weakness tin price. Received dividend

東风

75 posts

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

Tin future back to USD 25,000 per metric ton.

serbatipu

301 posts

Posted by serbatipu > 2023-11-01 10:32 | Report Abuse

buy !

Posted by GreenMinerMSC > 2023-11-03 09:41 | Report Abuse

Results should be out on 17th Nov 2023. 3Q should be better than 2Q ; mining side should do well, with smelting side about 2Q levels as the smelter was still shut down in July. Mgt confidence in the outlook for tin going forward was reflected in their surprise interim dividend of 7 sen !! YOY comparison will be stark as last year 3Q was a loss of about 35mil !!

Posted by GreenMinerMSC > 2023-11-08 09:31 | Report Abuse

Tin futures back up to USD 24,770 per metric ton.

abc333

1,493 posts

Posted by abc333 > 2023-11-08 09:38 | Report Abuse

war in Myanmar disturb tin shipping ?

Posted by GreenMinerMSC > 2023-11-08 09:41 | Report Abuse

Yesterday at the close somebody put 100k to sell at 2.13 when the last trade done before matching period was 2.16. Dont know who is doing this, but this last second sell down has been going on for months !!

Posted by GreenMinerMSC > 2023-11-09 09:57 | Report Abuse

LMEselect Tin 3 Month, USD/mt
Latest:US$24,850
-45 (-0.18%)

ABSBOSS

904 posts

Posted by ABSBOSS > 2023-11-17 19:44 | Report Abuse

Qtr result out ...this time can get dividend 7 cents

ACE9696

185 posts

Posted by ACE9696 > 2023-11-19 02:47 | Report Abuse

MSC 2023 dividen RM0.210/3

hw0706

744 posts

Posted by hw0706 > 2023-11-19 05:39 | Report Abuse

Wait for below rm1.40

serbatipu

301 posts

Posted by serbatipu > 2023-11-22 14:19 | Report Abuse

what happen, going so low , qr earn money than last year

serbatipu

301 posts

Posted by serbatipu > 2023-11-22 14:28 | Report Abuse

lme tin 24800 but msc drop below 2.10 , apa jadi la

serbatipu

301 posts

Posted by serbatipu > 2023-11-29 09:11 | Report Abuse

why tin price drop so much

Mak_kiah

626 posts

Posted by Mak_kiah > 2023-11-30 08:16 | Report Abuse

22,961.50 tin price. Management team very comfortable with they earning. Does not see any future prospects from them. the same prospects mentioned since 2021.

hw0706

744 posts

Posted by hw0706 > 2023-12-07 06:33 | Report Abuse

Margin is at the low end

ABSBOSS

904 posts

Posted by ABSBOSS > 2023-12-07 21:17 | Report Abuse

macam sudah oversold aja nih...

Posted by diuleiloumei > 2024-01-04 16:22 | Report Abuse

why still didn't move

Posted by diuleiloumei > 2024-01-05 10:05 | Report Abuse

move la wei

ABSBOSS

904 posts

Posted by ABSBOSS > 2024-01-05 12:00 | Report Abuse

volume sudah mari lor

Posted by diuleiloumei > 2024-01-15 15:03 | Report Abuse

lambat lagi

Posted by diuleiloumei > 2024-01-22 12:48 | Report Abuse

next QR got dividend ?

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