马斯克说：“我们正努力以最快的速度增加汽车产量，主要的限制因素是电池的生产。"

https://www.sohu.com/a/448172226_313745?scm=1002.580041.338036803950396.PC_ARTICLE_FOCUS&_f=index_pagefocus_3&spm=smpc.content.fspic.4.1612318540896xkRbjSB

Elon Musk mentioned, material of EV Battery is shortage. Means EV segment itself already need many Tin......semiconductors also shortage, they will need to build more factories and of course need more Tins...same for solar especially with Biden policy in crimate....

essential material in EVs, semicondutors, solar & etc which is hottest desired materials for industry

Tin now is categorized under technology's essential material, is totally cannot compared to Gold/Silver which is not widely used in technology

old plant can produce 20-30k tonnes per yr
new plant can produce 40-60k tonnes per yr

old plant + new plant!!! Do you think they will use both???

After I calculated, I also dont believe my eye......can anyone count again. Opex plus all the cost as mentioned by MD is around USD15k per tonne, the balance is PBT. Please, anyone can count again!!!

NEXT QR, I estimate PBT is RM180-200 millions based on Tin Price of ave USD19k

Another next QR (Jan-Mar), would be RM220-260 based on Tin Price of ave USD22k

Above is only calculated based on 1 factory operation, with this high tin price,i guess the management would run both old & new plants to generate the maximum profit for the group. if really run on both plants, then the figures above at least have to top up 50%!

The new plant can easily generate 50% extra by pump in extra oxigen based on their reported planning when demand is high, at current situation, this is another point that we cannot ignore.

USD25K https://www.lme.com/en-GB/Metals/Non-ferrous/Tin#tabIndex=2

remember cost of MSC fabrication of TIN plus all OPEX is USD15000 (mentioned by the MD), the extra is pure net profit/PBT

MSC is not ikan bilis, it is world no 3 biggest tin producer. Moreover, the only 1 in Malaysia. It will be exponentially growth for many years

RM5 is achieveable!!!
RM10 in 2025!!!

As Tin is massively used in semiconductors (booming now till 2030), EV (booming now till 2040), Solar Power (booming now till 2050) and etc...

http://www.stellarresources.com.au/home/investor-information/learn-about-tin/#:~:text=It%20also%20has%20increasing%20usage,market%2C%20has%20the%20fastest%20growth.

https://www.internationaltin.org/wp-content/uploads/2019/02/Tin_the-forgotten-electric-vehicle-metal.pdf

Hi All

This is not a game, in fact you guys are helping sharks which retailers enermy as well to goreng up the price!!! Please wake up!!!

https://www.cnbc.com/2020/03/06/the-flying-taxi-market-is-ready-to-change-worldwide-travel.html

The car is flying lor.......don't live in the jungle!!!

apple168, you are totally not the TECH GUY, next 20-30 years are Electronics Years, it just started 2020, the world would be changed, cannot use Warrant Buffet method already.

Please learnt more from Ark Invest new "God of Share" which is much better performed these few yrs vs Warren Buffet:

https://ark-invest.com/board-of-directors/

RM5 TP is not a dream

they just ran the new factory in Pulau Indah with new maching which can generate 50% extra capacity, plus I believe with the good tin price now, the CEO will run both old & new factories to generate the most income for the company at this right time

remember cost of MSC fabrication of TIN is USD15000, the extra is pure net profit

PureBull.....I like the TP RM265!!!

wah....we are not so rich leh....we only got rm10k to invest, if donated rm5888, then almost gone....

YY: Meaning of power lunch in English
an occasion at which people eat lunch while they are working and talking about business.

Means u want to lunch with me? Haha....

what is power lunch?

are you using i3 messenger or Telegram for the group?

yy: cannot find 5888 in Telegram

https://messenger.i3investor.com/m

YY: ALL people wait for you to open i3 messenger group then can avoid many unwanted noise/comments, let you leading the private i3 group to us as followers.

yorkyork, please add me too. thanks.

not only nintendo, next project are Apple car cable and Medical cable... huge potential

https://www.chinatimes.com/realtimenews/20201209002572-260410?chdtv

https://fnc.ebc.net.tw/fncnews/stock/130208

Pie will increase 50% production capacity wor, the outlook is brighter than many tech counters oh?

YY: Any cooment on PIE? Thanks

Scope is a black house for 2021 for 10 times return counter like Greatech and UWC!!

Inventec key customers are Apple & Xiaomi

yy: any comment about SCOPE, 0028, a very famous sifu recommended this counter as Inventec Taiwan, recently became a major shareholder, and pumped in many orders to SCOPE due to USA_China trade war, switching their china production to scope Malaysia. Do you agree with this?

U R RITE

RM9 tomorrow :)

big fund already in and collecting more, aim big, not "kopi"...

Prospects
In 2020, Worldsteel forecasted that world steel demand will contract by 2.4%, dipping to 1,725.1
million MT due to the prolong COVID-19 pandemic. In 2021, steel demand is expected to recover
to 1,795.1 million MT, representing an increase of 4.1 % over 2020 mainly due to the strong
recovery in China. The post lockdown recovery in steel demand in the rest of the world has been
stronger than expected, but it still marks a deep contraction in 2020, both from developed and
emerging economies, with partial recovery expected in 2021.
In 2020, the apparent steel consumption in Malaysia is estimated at 8.4 million MT, indicating a
decline of 8% from the previous year. In H1 2020, the local steel demand dropped significantly due
to the impact of Movement Control Order (MCO) implemented by the Government in March 2020
to contain the spread of COVID-19 virus. However, local steel demand is expected to improve in
H2 2020 as most business activities progressively resume operations in May 2020.
The Malaysian economy is projected to recover strongly in 2021, supported by stimulus measures,
continued progress in public projects and, in particular, the recent approvals of the vaccine by the
US FDA. As for the country’s construction sector, it was highlighted in the Economic Outlook
Report 2021 that the sector is poised to grow at 13.9% in 2021 as compared to an estimated
contraction of 18.7% in 2020. The construction growth in 2021 will be mainly driven by the
acceleration and revival of major infrastructure projects, as well as affordable housing projects.
Budget 2021 has allocated RM69 billion for development expenditure earmarked to include the
Mass Rapid Transit Line 3 (MRT3), Gemas-Johor Double Tracking Project, Rapid Transit System
Link (RTS) from Johor Bahru to Woodlands, the Klang Valley First Phase Double Tracking Project
and Pan Borneo Highway. These will be the catalyst to boost local steel consumption in 2021.
The Group’s strategy is to remain focus, enforce strict cost discipline and to continuously enhance
operational efficiency to sustain profitability while observing the stringent COVID-19 SOPs and
placing top priority on employees’ health and safety at this juncture. This will ensure that the Group
will emerge stronger from the crisis to take advantage of any opportunity that may arise when the
economy recovers.

If add back the RM50m, the JV (30%) can contribute RM15m

Pls refer to page 11 of QR

The Group registered a Profit before Tax of RM8.92 million in Q1 FY2021 as compared to Profit
before Tax of RM12.31 million in Q4 FY2020 due to the lower share of profit of JV entity of
RM3.87 million in the quarter under review as compared to share of profit RM10.20 million in the
immediate preceding quarter which had included an impairment write-back of RM50.00 million at
JV entity level to reflect the continued improvements of its operations.

Without the impairment, this QR is better than last QR

yorkyork, big project??? Can describe more? Thanks so much, sifu

tHE BEST PROFIT organization is GOV as no need to work also can enjoy hundreds of millions income automatically without any risk, when any company making loss then it also no impact to to GOV as the return is Zero not negative. Can we set a new law, if any company making loss then gov also to pay back 20% to that company!!!

SURE CAN LAH RM3-4, as PAT would be record high like SKPRES& ATAIMS & MTAG

Bought 0.515, AS price will move to RM1

Hiaptek was RM1.8 in 2007

Hiaptek can export the steel thru Jianlong to take up the great opportunities of China recovery economy and great demands of steel!!!

Beijing Jianlong
Beijing Jianlong Heavy Industry Group Co., Ltd. ("Beijing Jianlong") is a large-scale conglomerate group of companies comprising mineral resources, steel manufacturing, ship building, mechanical and electrical industries. The Group operating in a variety of industries covering resources exploration, mining, mineral processing, smelting, processing, mechanical and electrical products manufacturing. At present, it has 35 million tons of crude steel manufacturing and rolling capacity, ranking eighth in the world and fifth in China. It ranks 137th among the top 500 Chinese enterprises in 2020 and 50th among the top 500 Chinese manufacturing enterprises in 2020.


Hiap Teck Venture Berhad
Hiap Teck Venture Berhad was founded in 1993, it is primarily engaged in the manufacturing and distribution of steel pipes, hollow sections, scaffolding equipment and accessories, steel slabs and other steel products. It was listed on the main board of the Malaysian Stock Exchange in 2003 (stock code: 5072).Its pipe manufacturing entity, Alpine Pipe Manufacturing Sdn. Bhd., is regarded as one of the largest structural pipe and hollow sections manufacturer in Southeast Asia, with an annual capacity of 550,000MT. Its scaffold manufacturing entity, Huatraco Scaffold Sdn. Bhd., has been engaged in the scaffolding business for more than twenty years. It is one of the major suppliers of scaffolding equipment and accessories in Southeast Asia. Hiap Teck Hardware Sdn. Bhd. is a large scale iron and steel trading company. Its business involves import and export of various types of iron and steel products to end-users of various industries and projects, and cooperates with manufacturing departments to provide one-stop solution for customers.

Eastern Steel Sdn. Bhd. (“ESSB” or the “Company”) is located on the East Coast of West Peninsular of Malaysia. It was jointly invested by Beijing Jianlong Heavy Industry Group Co., Ltd. (“Beijing Jianlong”) and Hiap Teck Venture Bhd. (“HTVB”). It was built on an industrial land measuring 1209 acre. Its main production facilities consist of a sintering plant, an iron making plant, a steel making plant and an auxiliary plant, and it has an annual production capacity of 700,000 metric tons. The principal activities of the Company are manufacturing, selling and dealing in a range of steel product, serving the Malaysian and Southeast Asian markets. In 2018, Beijing Jianlong acquired controlling stake in ESSB and commenced resumption of production within a relatively short period of half a year. Moving forward, the Company is planning to expand its annual production capacities to 5 million metric tons with the building of a fully integrated steel plant.


http://www.easternsteel.com.my/en/about.html

Limit up tomorrow

Extremely good QR with record high PAT, forward next 4 QR if maintained at 3.7¢ then PE is less than 6 (forward PE). Extremely under value compared to PMetal PE more than 70