MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.69

Today's Change

-0.05 (1.82%)

Day's Change

2.67 - 2.73

Trading Volume

754,700

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

2.69

Avg Target Price

2.76

Upside/Downside

+0.07 (2.60%)

Price Call

0

SELL

3

HOLD

1

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
8 people like this. Showing 50 of 4,879 comments

KClow

Relax bro...
Nothing goes up in straight line la...
U sell n fuk off
I will buy from u ok 🤣

2024-04-23 19:41

Star8888

TIn price drop again.

2 months ago

KClow

Top up yesterday
Today all in
Huat ah

2 months ago

zildjian

.my MSC 2.800 = $0.800 sing dollar only

2 months ago

diuleiloumei

Holland

2 months ago

Star8888

Tin price big drop last night. Better sell MSC.

2 months ago

KClow

Thank you for selling to me at 2.77 and 2 76 today guys
Really appreciate it

2 months ago

KClow

Bless those who sell to me 😍

2 months ago

diuleiloumei

So what ? Tin keep dropping

2 months ago

4dking777

highest dividend payout in 8 years, gogogo

2 months ago

KClow

blessing shall be upon the head of him that selleth it
For those who sell it at a cheap price must be generous and kind to allow another to gain such profits.
AND I SHALL BUY IT

2 months ago

cch1042

@4dking777- how much is the dividend and when is the ex-date ? tq

2 months ago

GreenMinerMSC

In yesterday's Star article, UOB KH has forecasted full year earnings of M$165 mil to M$183 mil. Divided by 420 mil shares outstanding that comes to M$0.39 to M$0.43 EPS. So it currently trades at a forecasted PER of just 7.46X to 6.77X !!If these earnings do materialise, the company can upsize the dividends to say 20-25 sen , making the yield highly sought after by insurance companies, retirees and pte banking clients. The silver lining could be a sizeable bonus issue like 1: 1 to improve the liquidity in the stock and allow hedge funds, mutual funds , ETF managers, Commodity Funds SWFs, etc to come in and take out the selling from the retail shareholders who might decide to dump the bonus shares. Truly exciting times are ahead. But the shares need a re-rating from research houses to enjoy a higher valuation. At the moment only, UOB KH, Malacca Sec and Kenanga cover the stock. Hopefully more will discover this dividend rich gem.

2 months ago

KClow

😁

2 months ago

KClow

Again guys thanks for selling msc to me cheap ya.
God bless😁

2 months ago

KClow

Dont worry ya rm6 to rm8 i will sell back to you😉🤣🤣🤣🤣🤣

2 months ago

skyjet

Buy back some MSC, tin price rebounding.

2 months ago

GreenMinerMSC

Results out on Fri 24.05.24

2 months ago

GreenMinerMSC

LMEselect Tin 3 Month, USD/mt
LMEarrow
Latest:33,855
+489 (+1.47%)

2 months ago

GreenMinerMSC

☝️ Uptrend forming after some consolidation. Looks like it’s targeting to clear the intra day high of US$36,000 and head to US$41,000 next target. ( 36k - 27k start of upmove = 9k. Add to breakout point - 32k . Draw a downtrend line from 36k high to 30k low to see where the breakout point is )

2 months ago

GreenMinerMSC

MSC slowly creeping up . Now facing big seller at 3.10 !!

2 months ago

GreenMinerMSC

MEselect Tin 3 Month, USD/mt
LMEarrow
Latest:34,350
+984 (+2.95%)

2 months ago

amzrisml

can MSC settle at RM3 now? or it will go below 3 back?

2 months ago

KClow

😁

2 months ago

KClow

AS SURE AS WE ARE THAT THE SUN RISES IN THE EAST AND SETS IN THE WEST
WE CAN BE SURE MSC WILL GO TO NEW HIGHS 😂😂😂😂

2 months ago

KClow

MSC=YTLPOWER 3.0

2 months ago

hng33

bought msc at 2.83

1 month ago

hng33

added more msc at 2.85

1 month ago

hng33

sold back at 2.93-2.95

1 month ago

Dehcomic01

Bursa Malaysia Malaysia Smelting Corp (MSC), is one of the world’s leading integrated producers of tin metal and tin-based products.
If you consider its net assets, about 2/3 is deployed for its smelting operations with the bulk of the balance for its tin mining operation. But when you look at the PBT over the past 12 years, 4/5 was from the tin mining operation.
Is this then a smelting company with a tin mining arm or a tin mining company with a smelting arm? This has implications for its valuation.
If this was a tin mining company, you would value it based on its tin reserves. If it was a smelting company, you would valued it based on its tin refining business. So what is the appropriate way to value it?
For more details on MSC, refer to
https://www.youtube.com/watch?v=A3u4mdV4fo8

1 month ago

0PTech

Relax bro. Next call will be at 1.680. Dun nid to rush the market

1 month ago

hng33

bought msc at 2.63-2.65

1 month ago

hng33

sold at 2.68-2.70

1 month ago

amzrisml

i have question to @hng33, would you make profit and be able to offset the costs by selling the stock with small margin?

4 weeks ago

fregend

why keep dropping?

3 weeks ago

stainlyho37

watch out.!.collect some...

3 weeks ago

fregend

Price been surpressed too much

2 weeks ago

GreenMinerMSC

MSC had run sharply ahead of 1Q2024 results, which would not have been able to match the superb results of $36mil in 1Q2023. Tin prices in the 1Q2024 were subdued at 25k-26k oer ton. So those who sold into that powerful move did well as the results were only $18 mil profit for 1Q2024 ; 50% lower than 1Q2023 !! But since end March 2024, tin prices have skyrocketted to 32k-34k per ton, and now doing 33,300 per ton. Meanwhile the stock collapsed from 3.47 to 2.48 , a drop of $0.99 in one month !! So now is a good time to accumulate after a big fall in share prices and a sharp increase in tin prices for the 2nd Quarter 24 , to anticipate a good 2Q2024 result out early Aug 2024. The following insights were announced/revealed/noticed during the Conference Call shortly after the 1Q 2024 results :
1 Tin division profits will be higher from higher tin prices
2 Sale of slag will bring in maiden revenue from new source
3 Smelting of intermediates going on with earnest.
4 Smelting of in house tin will provide good revenues
5 Smelting of 3rd party local sourced tin also going on
6 Smelting of foreign imported tin (from Congo etc ) resumed providing smelting division with good business
7 The decommissioning of the Butterworth smelter will reduce MSC's overall costs by 30%. Sure to be a positive boost to the bottomline.
The 2Q2023 net profit was $28 mil.
I believe with all the positive catalysts mentioned above, the 2Q2024 net profit should be higher than 2Q2023.

2 weeks ago

hw0706

FV shall be below 2.40.

2 weeks ago

KClow

w0706

FV shall be below 2.40.

19 hours ago

PLZ DONT TALK KOK HERE LA

1 week ago

GreenMinerMSC

Somebody makan 130k at 3.00 in one order !! Got committed bull entering the stock 😀

1 week ago

GreenMinerMSC

If it clears 3.47 recent high , will head to close the gap at 3.89

1 week ago

diuleiloumei

If...if...if....

1 week ago

serbatipu

Tin price drop liao

1 week ago

VincentTang

Tin price big drop to 33568 now

1 week ago

GreenMinerMSC

Looks like MSC stock price is following Tin's price very closely 😏. Malacca Securities report mentioned that we are in a commodity upcycle , that should be positive for MSC. Also the US$ is in a gradual spiral downwards with Powell signalling US rate cuts looming in the horizon , and since commodity prices move inversely to the US$ movements, tin is poised for better days ahead. Stay tuned for more exciting updates as we keep an eagle eye for fund flows out of the US mkts to the deeply undervalued Emerging Mkt space.

1 week ago

VincentTang

Tin price big drop to 32827 now

6 days ago

VincentTang

Tin price big drop to 31708 now

4 days ago

speakup

Aduh!!!!!
Boo chow

3 days ago

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