MALAYSIA SMELTING CORPORATION
KLSE (MYR): MSC (5916)
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Last Price
1.98
Today's Change
+0.01 (0.51%)
Day's Change
1.98 - 1.99
Trading Volume
22,000
Overview
Market Cap
832 Million
NOSH
420 Million
Avg Volume (4 weeks)
150,084
4 Weeks Range
1.95 - 2.14
4 Weeks Price Volatility (%)
15.79%
52 Weeks Range
1.44 - 2.48
52 Weeks Price Volatility (%)
51.92%
Previous Close
1.97
Open
1.98
Bid
1.98 x 11,100
Ask
1.99 x 7,100
Day's Range
1.98 - 1.99
Trading Volume
22,000
Financial Highlight
Latest Quarter | Ann. Date
30-Sep-2023 [#3] | 17-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 17-Feb-2024
T4Q P/E | EY
8.19 | 12.21%
T4Q DY | Payout %
3.57% | 29.23%
T4Q NAPS | P/NAPS
1.76 | 1.13
T4Q NP Margin | ROE
7.92% | 13.74%
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: METALS
Subsector: METALS
Description:
Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.
Discussions
8 people like this. Showing 50 of 4,603 comments
the SMM Tin storage level was 5,500 tonnes as of August 23, 2023, which was a decrease of 100 tonnes from the previous day. The SMM Tin storage level has been fluctuating sideways since July 2023, when it reached a peak of 6,200 tonnes. The SMM Tin storage level is also lower than the average of 5,800 tonnes for the past year. This indicates that the tin market in China is experiencing a tight supply situation, which could drive up the prices and volatility of tin
2023-08-23 20:00
Has anyone seen any broker research reports or results review recently ? If yes, kindly post here for us to read. Thanks.
2023-08-24 10:21
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.
2023-08-27 09:25
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.
2023-08-28 08:52
Looks like not many people know of the 7 sen interim dividend . Any newspapers mentioned it ?
2023-08-30 10:17
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
2023-08-30 17:29
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
2023-08-30 17:31
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..
2023-09-04 08:52
MSC Earns Recognition for
“Highest Growth in Profit After Tax Over Three Years”
Award at The Edge Malaysia Centurion Club 2023
2023-09-06 11:03
LMEselect Tin 3 Month, USD/mt
LME
Latest:26,190
+487 (+1.89%)
Sep 18, 2023 14:44:39
2 months ago
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 !!
1 month ago
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 !!
1 month ago
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.
1 week ago
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As of August 23, 2023, the LME Tin storage level was 1,835 tonnes, which was a decrease of 15 tonnes from the previous day. The storage level has been declining since July 2023, when it reached a peak of 2,235 tonnes. The storage level is also lower than the average of 2,021 tonnes for the past year. This indicates that the tin market is experiencing a tight supply situation, which could drive up the prices and volatility of tin
2023-08-23 19:55