MALAYSIA SMELTING CORPORATION
KLSE (MYR): MSC (5916)
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Last Price
2.90
Today's Change
+0.02 (0.69%)
Day's Change
2.85 - 3.06
Trading Volume
3,270,300
Profile
MALAYSIA SMELTING CORPORATION
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Subsector: METALS METALS
Index Group: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
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.
Address
Discussions
8 people like this. Showing 50 of 4,783 comments
MSC broke all the resistances. The next resistance will be RM5.46. The worst is over for MSC. Coming quarter results will be better. Don't miss this gem.
5 days ago
timely reporting by The Edge Weekly this coming week
Are commodities at the start of a secular bull run?
https://theedgemalaysia.com/node/707802
5 days ago
Against the backdrop of the London tin squeeze, Shanghai tin followed the rise with little adjustment. Today, spot tin was raised by 4,000 yuan to 255,750 yuan. The overnight premium of LME from 0 to 3 months quickly expanded to 350 US dollars. Shanghai tin is currently in the high range of 250,000 to 290,000, and volatility has increased. The overseas market digests the risk of squeeze in the LME market in May. Concentrated long and high speculative holdings, coupled with the outflow of London tin inventories during the year and the temporary loss of LME delivery qualifications of two domestic registered brands, pushed up tin prices. Compared with the nickel market in March 22, domestic tin inventories are high. Although domestic and foreign prices themselves do not support export profits, the manual link of large factories may be possible. London tin technically has a potential to 35,000
17 hours ago
LME TIN US$34,000 !!!!
2022 TIN All Time High US$50,000
2022 MSC All Time High M$5.46
At US$34,000 MSC should be M$3.70
msc should be M$3.70 level
7 hours ago
Mrs.tin went to office today walking funny and smilling.
Her peers asked her why.
She said mr.tin up so much last night and up even more this morning. 🤣🤣🤣🤣
6 hours ago
MSC
looks like on a new wave from low of std 1 n should reach high of std 3
soon, driven up by increasing ASP of tin.
this MAJOR A wave has big money n would likely enter into IM.
https://www.tradingview.com/x/bjTmkLfF/
NB: the super bull on DOW to new ATH recently, had risen up all asset
classes including hard commodity like crude oil, copper, aluminum, tin n more on gold,
soft comm in palm oil was up v briefly.
https://tradingeconomics.com/commodity/tin
2 hours ago
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TonsilBasher
this counter cycle is here. Keep riding the Up cycle.
6 days ago