good closing ,next 1.3

Hot money from Nasdaq is one the way to BURSA. just hold and enjoy the show

every usd 2000/mt changes will affect MSC earning by 10%/year.

Strong ESG integration in producing greener tin. MSC is well-placed to reap the positive
spillover effect of structural demand for environmentally-friendly commodities. MSC is
doubling its efforts to integrate ESG practices across its businesses, especially through the
new plant. The plant uses 1.26MWp solar PV panels and a waste heat recovery function that
will harness thermal energy from the furnace’s flue gas to generate power. The use of
natural gas and the new TSL furnace will help raise efficiency and reduce carbon emissions
by at least 1,000mt/year, which means MSC’s smelter will have one of the lowest carbon
footprints globally. Its RHT mine is the only tin mine in Malaysia that operates using two of its
own mini hydropower stations. These practices could result in MSC becoming the preferred
ESG investing target, besides benefitting from growing demand for eco-friendly tin products

selling pressure from contra player getting less.

If break 118 , confirm big uptrend

some insider buy before the QR ?

agree with hng33 and kebling, the inventory have cushion for the supply disruption, Tin price might not spike at this moment , but 28000 good enough to send MSC to above 3.50. The future is Tech, Tech need more and more Tin

5. A smooth demobilisation process for mine workers, inclusive of water and electricity safety provisions, is stipulated.

this request show the suspension could take few months

The Ministry of Finance and the Bureau of Industry and Mining, in accordance with “Wa Jing Zi No. 2023-06”, detailed the upcoming changes:

1. All mines within the mining area of Wa must gear up for the cessation of production from August 1. Preservation of existing facilities and infrastructures is mandated, with stringent penalties for intentional destruction or safety violations.

2. The state’s mines, open-pit mining areas, and concentrators are to enhance safety measures in slag piles, tailings, roads, and rivers prior to the rainy season to prevent safety hazards related to the mining halt.

3. Pumping operations will be permitted to avert mine collapse and minor damages, but any form of exploration or mining will remain prohibited.

4. Mining companies are instructed to collaborate with the Bureau of Industry and Mining’s Man Maw Inspection Section to settle wage disputes and trade debts for mining workers, precluding potential large-scale safety incidents.

5. A smooth demobilisation process for mine workers, inclusive of water and electricity safety provisions, is stipulated.

The unyielding stance exhibited by the Wa State government in its latest correspondence to mining firms demonstrates its serious intent to proceed with the mining suspension. It is positioned as a strong message to the mining sector about the government’s unwavering commitment to promote sustainable mining practices, protect the environment, and safeguard the welfare of mine workers. Companies failing to adhere to these guidelines risk facing severe economic and criminal repercussions.


Our free fortnightly email newsletter providing a summary of the latest tin industry developments as well International Tin Association news.

always remember, Msc fair price is 3.13 for Tin 24500 , but now above 28000 for sometimes already. Not like glove , no one can simply build a tin mining business. it is limited , non-renewable resources.

soon will have PT , is Friday, hope can close above 2.28 , than next week 2.4 /2.8 is promising

https://www.bnamericas.com/en/news/perus-corani-romina-mine-projects-postponed-to-2024

Activists plan demonstrations across Peru July 27-29 to denounce Boluarte government. Heightened security likely.

must break 2.28 to move higher

some bet on myanmar ban on August
some bet myanmar will not ban
some wait and see
If August 1 , No ban , the first one will sell, the third one will collect >>> back to 1.9-2.0?
If Myanmar ban, all panic buy>>> limit up? 3++

Tin 29750#

tin is heading to 30000

someone draw a sell signal , guess later many will sell down for that artist

Good analyst
8dragon

Come back end of the year, I'm pretty sure the share price still stay @ 2.0-2.2 level..

8dragon

@ 2.22 considered over value for this stock....

https://www.thehindu.com/news/international/peru-police-clash-with-protesters-demanding-president-step-down/article67113633.ece

close gap is for sure

https://www.youtube.com/watch?v=07e2oQDAVsY

next week should rebound to 1.6

follow uem ,to the moon

yah, especially those know nothing about Myanmar, Indo and Peru

Peruvian protesters on Wednesday reignited protests demanding early elections and the resignation of President Dina Boluarte, months after more than 60 people died in similar mobilizations.

Why it matters: This time around, the protests were called for and coordinated by mine workers and unions, who've threatened a work stoppage to exert pressure. Mining is a major contributor to the economy of Peru, the world's second largest producer of copper.

good closing, next155

https://www.tradingview.com/chart/mgDGRZGu/?symbol=TWSE%3A3305

Taiwan Tin stocks that always same patterns as MSC , today up another 10%

Buy Q 500 sell Q 6000. keep reject weak hands.
19 July Peru protest , 1 August Myanmar ban ex, dollar fall, last rate hike, perfect storm for tin to the moon

tin price is inversely correlation to USD index. Recovery of Tech increase tin demand. Myanmar ban tin export on August. Indonesia may ban tin export at any time. Msc will shut down Prai factory. Msc had increase mining output about 67%. Fair value for msc is 3.13 if Tin price 24650. Any surplus from 24650 is purely extra profits.
Higher volume X higher ASP = ?

Nickel exports were banned in January 2022 and bauxite shipments followed on June 10. Tin and copper bans are scheduled to come next.

sell Q 5000 Vs buy Q 500 , retailers dare to buy?

Yah , after this CPI , Many superrich ppl will transfer their money back from oversea. No more high interest no more USD advantages , RM will rise. They will change their USD to MYR and buy cheap klse stocks. State election is the last block for them.

Take the height of triangle starting August 5 2022 , msc should reach 3.5.

Cash flow hedge – net fair value gain/(loss) on
derivatives used for hedging (net of tax) 450 m if realized in Q2 , Q2 PAT should be very juicy.

is all about ASP , 2020 Glove 2021 steel , 2022 Refined oil and Tin , 2023 , Tin again
If you have missed Topglove, supermax, Hengyuan , petronm , masteel ,
still want missed msc?

Buy Q 600 , sell Q 3600 , really hard to make a buy , maybe wait for a cheaper entry?

https://www.nst.com.my/business/2023/07/929890/kl-singapore-high-speed-rail-project-revival-soon

time to rebound

warming up , going to explode?

take over MRCB! next tp 0.4

bullish

msc vs dialog, which one reach 2.4 first?

msc vs dialog, which one reach 2.4 first?

Tin supplies could dry up if Indonesia executes a rumoured ban on shipping tin ingots
Myanmar’s Wa State has already moved to curb the export of what amounts to around 10% of tin concentrate supply globally
Fitch sees prices 25% higher this year and almost doubling to US$45,000/t by 2032

Tin is about to be a very hot commodity, with one forecaster upping its prediction for the spice(y) metal up a whopping 25% for 2023.

It comes as Indonesia and a semi-autonomous state in Myanmar called Wa, not to be confused with the soon to be former Premier Mark McGowan’s all conquering rock-shipping empire of WA, make cartel style moves that will take a big chunk of supply from the market’s leading exporters out of the market.

Fitch Solutions reckons the tin price could avoid the slump facing other battery metals in 2023 on the back of (unconfirmed) news Indonesia could ban partially refined tin ingots from export from June, and a mining ban in the Wa State that could see 10% of tin concentrate supplies and much of China’s feedstock stay in the ground.

That has prompted its analysts to lift prices from US$20,000/t to US$25,000/t for 2023, a 25% lift.

But unusually for commodities forecasting, its long term price assumptions for tin — based off a looming supply cliff and rising demand from electronics (around half of primary tin supply goes into lead-free solder), EVs and solar panels — are extraordinarily bullish.

2023 forecast tin price 24650. average price up to end of June is 26000.

We project FY22-FY23 net profit estimates of RM152.3m-RM127.3m
(vs. RM118.1m actual net profit in FY21) based on 2022/2023
consensus tin price forecasts of USD31,784/USD24,650 per MT.
Valuations and recommendation. We value MSC at RM3.13
based on DCF (WACC: 8.1%; TG: 2%) which implies FY22E PER of
8.6x. There is no adjustment to fair value based on ESG (3-star ESG
rating as appraised by us).

If fair value of MSC is 3.13 at tin price 24650. What is her fair price should be now?

Firstly, MSC
could raise its mining output by 67% to 15MT/day in FY23 from
9MT/day currently by exploiting the eastern boundary of its existing
tin mine in Perak, which would be made possible with the
acquisition of neighbouring land

With the operation in the Pulau Indah (“PI”) plant, using newer and more efficient technology on
target to achieve higher capacity and full commission in the near future, and with the planned closure
of the old plant at Butterworth, the Group expects higher operational efficiency, lower operational
and manpower costs, while reducing its overall carbon footprint.
For the tin mining segment, the Group continues to focus on improving and increasing daily mining
output and overall mining productivity. Recent acquisition of an adjacent mining landbank allows the
Group to expand its mining activities and potential tin resource within its current mine vicinity.

might hover in range 2.2to 2.4 for this months. flash out contra or weak players

US in correction, Coming state elections , rate hike , both not MSC business. MSC totally drive by tin price. looking for safe heaven to secure profits in this volatile market ? no more 2++ in August