Posted by SuperTrump69 > 2024-08-12 16:39 | Report Abuse

Nice monday

Posted by GreenMinerMSC > 2024-08-15 13:10 | Report Abuse

Con Call held this morning was generally positive with a stronger 2nd half ahead. Smelting ops back to normal after the rebricking exercise mid May to mid July , which shut down the furnace. Supply shortage of 3rd party ore for smelting also saw some easing. Smelting profits should rebound strongly in 2Half 2024. Tin prices sholud remain strong as demand outstrips supply globally.

Posted by Seeking > 2024-08-15 13:17 | Report Abuse

What about the few thousand tons of intermediates stock? Can’t smelting process them?

Posted by abc333 > 2024-08-16 09:15 | Report Abuse

civil war in myanmar and congo turn worst, tin price might sky rocket like 2022

Posted by GreenMinerMSC > 2024-08-16 09:55 | Report Abuse

Smelting of intermediates going on. There was a deduction of 12 mil in 2Q results under Eliminations/Adjustments which will be added back in 3Q.

Posted by fregend > 2024-08-16 10:23 | Report Abuse

seems like tin price is slowly climbing back to 35k, MSC should have better q ahead since done rebricking earlier

Posted by Seeking > 2024-08-16 15:40 | Report Abuse

Thanks Greenminer. How co value the intermediates?

Posted by GreenMinerMSC > 2024-08-19 12:07 | Report Abuse

Mgt did not give any details on the value of the intermediates.

Posted by fregend > 2024-08-19 12:13 | Report Abuse

can test 2.50 level today?

Posted by fregend > 2024-08-20 12:24 | Report Abuse

soon will test 2.60 in near future

Posted by GreenMinerMSC > 2024-08-20 13:43 | Report Abuse

Profit for 3Q2023 was only 12 mil. This is a low hanging fruit for MSC to gobble up !! 4Q2023 profit was even lower at 9 mil , so the next 6 months should see some sustained buying interest as these numbers will be easily overcome with better results hopefully at several multiples times the 3Q and 4Q 2023 numbers.

Posted by Seeking > 2024-08-20 15:09 | Report Abuse

Green miner, it’s a norm that annual repair is 3months?

Posted by GreenMinerMSC > 2024-08-21 11:13 | Report Abuse

It was from mid May to I think mid July. They acquired 2 rotary furnaces to take over the smelting of intermediates when the main furnace was undergoing rebricking. The problem is that one of the 2 also broke down , hence the lower amount of smelted products. They have now acquired a 3rd Rotary furnace as a back up to the backup. Hopefully, in future the Rotary furnaces can seamlessly continue the smelting work when the main furnace is under maintenance. I think they are also trying to reduce the time taken to rebrick by sourcing for new materials. This should address the once a year rebricking issue.

Posted by fregend > 2024-08-21 12:53 | Report Abuse

thanks for sharing greenminer

Posted by Seeking > 2024-08-21 15:59 | Report Abuse

Thanks greenminer. Look like the state of the art furnace not efficient. Down time 3 months, quite difficult to make good profit for smelting division.

Posted by Seeking > 2024-08-21 16:01 | Report Abuse

Hopefully from now onward no more 3months maintenance.

Posted by abc333 > 2024-08-23 16:03 | Report Abuse

LMEselect Tin 3 Month, USD/mt
LMEarrow
Latest:32,900
+584 (+1.81%)

Posted by goldmanbull > 2 months ago | Report Abuse

Today like got power

Posted by GreenMinerMSC > 2 months ago | Report Abuse

CEO Datuk Yong's recent purchases clearly signal strong prospects ahead for MSC , starting with a resurging 3Q2024.

Posted by fregend > 2 months ago | Report Abuse

wow tin futures 33k more to come?

Posted by VincentTang > 2 months ago | Report Abuse

Tin price big drop.

Posted by fregend > 2 months ago | Report Abuse

tin futures start to climb again, demand should be better

Posted by hw0706 > 2 months ago | Report Abuse

HOW IS THE PROPERTY BUSINESS OF STRAITS TRADING

Posted by GreenMinerMSC > 2 months ago | Report Abuse

Tin US$32,295

Posted by GreenMinerMSC > 1 month ago | Report Abuse

MSC ($2.40) - Announces an interim dividend of 7 sen. Ex on 9.10.24.
The interim dividend of 7.0 sen per share translates to a dividend payout of
RM29.4 million. This is 84% of the company's 1st Half24 earnings !! This is really telling us something. Very very few companies would pay out almost all their earnings as dividends UNLESS they are confident that going forward the earnings are going to be strong. In a silent way, they have telegraphed that they are confident that 2H24 earnings are finally going to be significantly better that 1H24 which was only $35 mil.

Posted by fregend > 1 month ago | Report Abuse

But share price seem sideways and weak

Posted by hw0706 > 1 month ago | Report Abuse

2.50 UP

Posted by kl_guy > 1 month ago | Report Abuse

wow engine start again .

Posted by kl_guy > 1 month ago | Report Abuse

1st resistance rm2.57 . 2nd resistance rm2.74

Posted by fregend > 1 month ago | Report Abuse

wow looks like i was wrong on being weak hmm

Posted by Seeking > 1 month ago | Report Abuse

Thanks Greenminer. Keep us updated

Posted by GreenMinerMSC > 1 month ago | Report Abuse

NI NE CHAIRMAN CHEW GEK KHIM BOT 26,500 SH AT M$2.391

Posted by GreenMinerMSC > 1 month ago | Report Abuse

INSIDERS AND MAJOR SHAREHOLDERS BUYING STOCK IS A GOOD SIGN

Posted by GreenMinerMSC > 1 month ago | Report Abuse

LMEselect Tin 3 Month, USD/mt
Latest:33,925
+46 (+0.14%)

Posted by GreenMinerMSC > 1 month ago | Report Abuse

LMEselect Tin 3 Month, USD/mt
Latest 34,070
+265 (+0.78%)

Posted by GreenMinerMSC > 1 month ago | Report Abuse

Today gone Ex for 7 sen dividend but stock has dropped much more than that🙄. Now doing 2.45 down 20 sen !! Low was 2.35 down 30 sen !!🙁

Posted by Fundamental Trader > 1 month ago | Report Abuse

Potential short squeeze

Posted by kl_guy > 4 weeks ago | Report Abuse

will the silver up trend come over to msc ?

Posted by serbatipu > 4 weeks ago | Report Abuse

Is tin also impacted by carbon tax ?

Posted by Kyuki0509 > 4 weeks ago | Report Abuse

GreenminerMSC

The stock has been dropping after the ex dividend date.

Do you still believe it’s a good stock?

Posted by GreenMinerMSC > 4 weeks ago | Report Abuse

Somebody has been selling it down everyday . The dividend was 7 sen but it has fallen 40 sen from ex date on 9th Oct, with 30 sen of the drop coming on the 9th itself. Not sure what the reasons are but the share price could be tracking Tin which has recently dropped from 34k to 31k . The 3Q 24 results are round the corner , probably around the 9th of Nov. 3Q 24 should be better than 3Q 23 ($9 mil) and 2Q 24 ($17 mil ).

Posted by Kyuki0509 > 4 weeks ago | Report Abuse

I regret to have bought this stock after having read your recommendation notes

Posted by GreenMinerMSC > 3 weeks ago | Report Abuse

Last year , MSC reported on Friday 17th Nov 23. This year probably on Friday 15th Nov 24

Posted by diuleiloumei > 3 weeks ago | Report Abuse

Time to back to 2.5, results coming soon

Posted by Hansek > 2 weeks ago | Report Abuse

comeone back to 3.00

Posted by Hansek > 2 weeks ago | Report Abuse

Q3 average tin price 29-30k
msc price should be above 2.45

Posted by Hansek > 2 weeks ago | Report Abuse

Faster open ler, why hiding , suppose up now

Posted by Saw PW > 1 week ago | Report Abuse

cirit birit. Want to buy below 2

Posted by diuleiloumei > 1 week ago | Report Abuse

Any insider news?

Posted by GreenMinerMSC > 1 week ago | Report Abuse

Tin is 29,925.