Sifu has summoned his troops attacking MSC ?

Improve in sales volume by 40%? CPO production in 4Qtr21 merely up 8% to 39.6k tonnes in comparison with 3Qtr21.

CPO prices increased by 39%...so big jump in a quarter. BPlant has reported CPO prices up only 16.5% in 4Qtr21 against 3Qtr21.

"When compared to the immediate preceding quarter, current quarter’s revenue increased by 64% mainly as a result of 40% and 39% improvement in sales volume and average selling price of CPO
respectively."

It's easy to invest overseas like Nasdaq counters at much lower valuation nowadays. Why insist Bursa Semiconductor stocks goreng with IBs and local fund managers ? We would see many of them coming out more often in offering ginseng chicken soup.

Turnover surged 85% in 4Qtr21 in comparison with 3Qtr21.Any jump in CPO production and huge increase in CPO prices? or delay in harvesting due to flood.

As usual, IB love picking PER number anyhow from the sky. No benchmarking against global players. Easy job.

CGS-CIMB reiterated its "add" call on Inari, with a lower TP of RM4.30, based on a lower 33 times CY23 forecast price-earnings (versus 38 times) in view of weaker sentiment on the tech sector amid rising interest rates.

D&O PER 75x after including 377 million shares of ICPS.

IBs have never done any benchmarking with the global semiconductor players. They simply pick a sky high PER with a blowing gimmick 'technology is the future".

Semiconductor is a worldwide business so valuation must be benchmarking with global players.

Global ATE player, Teradyne is traded at PER 21x Whereas Vitrox fetched sky high PER 47x.

Bursa Technology sector Superbull is turning into Superbear.

Global ATE player, Teradyne PER 21x nia...

Another global OSAT player, Amkor PER 9x nia...

New smelting Top Submerged Lance (TSL)furnace capacity is able to process 60,000 tonnes of tin concentrates or max 42,000 tonnes refined tin a year. MSC managed to produce merely 16,400 tonnes (Year 2021) of refined tin due to covid impact and switching to TSL furnace gradually. If TSL achieves average production capacity of 75% (45,000 tonnes) processing tin concentrates in year 2022, the output of refined tin will be 31,500 tonnes.

Smelting refined tin production output in the past few years:

2021 - 16,400 tonnes
2020 - 22,325 tonnes
2019 - 25,752 tonnes
2018 - 27,085 tonnes
2017 - 27,172 tonnes,
2016 - 26,802 tonnes

Tin mining division has the potential to push up its production to 3,000 tonnes of tin in year 2022 after upgrading their tin ore production to 12/tonnes per day.

Tin mining production :

2021 - estimate about the same with 2020
2020 - 2,350 tonnes
2019 - 2,288 tonnes
2018 - 2,355 tonnes
2017 - 2, 226 tonnes

Tin smelting is a competitive business. Net profit margin 5% is considered very good. Tin Mining operation remains the main contributor.

Please refer to MSC's AR 2020 page 20 for production of tin-in-concentrates.

Smelting segment Production of refined tin 22,325
(2020) tonnes and 25,752 (2019) tonnes.

It would be very good performance if MSC manage to achieve 70% yield or 3,024 tonnes of tin concentrates per year from the 12tonnes/day tin ore mining in 2022.

MSC Production of tin-in-concentrates:

2020 - 2350 tonnes
2019 - 2288 tonnes

Tin ore usually contain 70 to 75% of tin metal. Therefore, 12ton/day extraction of tin ore will provide a yield about 756 to 810 ton of tin per quarter.


"Tin concentrates from the alluvial mining areas of Southeast Asia are relatively free of impurities, although there may be small quantities of related minerals such as wolframite, scheelite, and columbite. Concentrates shipped to the smelter usually contain 70 to 75 percent tin metal. On the other hand, the complex sulfide ores found in underground deposits, such as those of Bolivia, require more complicated mineral processing, often involving froth flotation, in order to produce a clean tin concentrate. Even then, Bolivian concentrates may average only 50 to 60 percent tin."

太棒了! 不要停下來. 繼續吹吧!

Minimum wage is countered productive for a country when the quantum of wage attained comfortable level. Now, Malaysia has imported millions of workers to compete indirectly with the locals is different scenario.

There are few levels of workers in the factory. Bangladesh can be working as a supervisor. Supervisor salary will be much higher than normal workers after including OT.

Story of derail economy recovery after increasing minimum wage to 1.5k basic is absolutely nonsense. Using the nonsense excuses keeps exploiting Malaysia workers. Malaysian workers wage has not been able to catch up with the neighbours in the last 20 years.

Weird! I thought this type of telling truth article is supposed banning from publishing in the Mainland. Little pinky heart would be broken in pieces. They portray it as negative energy article.. No Fun, syok and non positive energy.

He and Leno would come back below 75 cents again.

He thought we,Chinese , are so fragile one…can’t survive in this planet without CCP regime. Typically a poor guy!

D&O share price had shot up 10x in less than 2 years. Not enough ke? Don't be so greedy hoping for ultra superbull la..

Without having to trace the facts of the news, their life are so easy for being naive, ignorant and gullible. Talk c0ck number 1 here for killing time.

It’s so easy to say ‘ Fake news ‘ for denying any news they don’t like by reading at the title. No need to make any effort to watch and trace back the point (which area is fake) according to the facts they would have found in other sources. They simply divert another topic for making themselves feel easy and comfortable without having to know what had really happened.

Their ultimate goal is talking co0k here killing time. Forget about it. Tin Kosong.

Pinky whether is old or little. They don't talk facts one or don't even know what is truth or fake. They love living in syok syok in their outdated knowledge.

Tin Kosong is very loud...ouch!

Uncensored, many here are very scared to update their knowledge...very very scare to know the truth!

Sinovac Biotech controlling stakes is mostly owned by Japan and Foreigners? Gosh!

Don't delay your happiness la. You are one love living in your delusion. You got so much time to talk c0ck killing time ke? No to time to upgrade yourself ke? Semiconductor supply chain still blur blur.

Uncensored, See the jealousy of little pinky in the big land. They said Canon is being immoral or illegal to pay excessive retrenchment benefits to its employees. Lolz

https://youtu.be/c5pCwnuSm8A

Applying FA to fight with the price trend will be ended up with sad ending most of the times. Bursa is a very unique market.

Trend is your friend or enemy? Your choice!

Fund Managers and IBs have started feeling the heat and shivering after pumping so much money into the technology sector alone. They came out to tame the local market (retailers). Opportunity to dump the shares to them.

No doubt technology is the future but stock valuation overstretched due to the cheap money heavily pumping into this sector.

We can't compare Technology with Glove sector. But share price wise will be expecting to follow the tail of Glove after the fancy party gains of few hundred % or thousands % in the last 2 years.

Negative sentiments to Nasdaq :
1. FED hike interest rates at faster pace due to the high US inflation in the latest announcement.
2. FED QE tapering.
3. Technology has witnessed bull run since Covid emerged in 2020 whilst other sectors share prices remains undemanding.
4. Technology sector is encountering chips supply bottleneck last for 2 years until 2024.
5. US raised the corporate rate from 21% to 28% for year 2022.

https://www.scientificamerican.com/article/chip-shortage-threatens-bidens-electric-vehicle-plans-commerce-secretary-says/

Hard facts is chips supplied bottleneck in this 2 years. What big scale EV la... All delayed already.

Whatever EV market is boosting la. Big gimmick. Not enough chips and even for 5G implementation is another problem within this 2 years.

Pang72. You are good man. Never fall in love with any stock. Lol

Pang72. There's a different between Glove and Chips la. Glove production can be ramped up within 6 months. New Chips facilities needs about 30 months. OSAT and EMS are staying at the mid and bottom of the semiconductor supply chain. They don't have price bargaining power like chip makers, almost top of the value chain.

Currently, chips supply bottleneck means what? Is there any implications to the revenue growth to the OSAT and ATE or related players in year 2022 and 2023? TSMC remains enjoying good revenue and profit growth as shortage of supply has created an opportunity to increase their ASP.

Bursa Technology sector has withness a superbull run last year... People expected another ULTRA superbull run..greedy man!

Semiconductor industry is suffering chips supply bottleneck in the next 24 months due to the insufficient capacity. Additional chips capacity will only be available 2 years later.

Waiting for the information from the official channels in Bursa to get the official confirmation would be dying standing in investing or trading to us. We don't have to come to i3investor anymore to learn hidden information from the informal channel.