MALAYSIA SMELTING CORPORATION

KLSE (MYR): MSC (5916)

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Last Price

2.42

Today's Change

+0.02 (0.83%)

Day's Change

2.39 - 2.43

Trading Volume

460,800


8 people like this.

4,973 comment(s). Last comment by Plantermen 18 hours ago

Jem01

51 posts

Posted by Jem01 > 2017-02-07 16:15 | Report Abuse

what goin on?

Posted by alfredbeh > 2017-02-07 20:43 | Report Abuse

Sorry la this is an old man stock. Old company with not much movement for so long except after the write up in November and December 2016 and suddenly it is in the radar. The new CEO do not have any experience in tin industry except some connection inside some corporate boardroom.
I hope the price can sustain above RM 3.90 to RM 4. Well let us see as time will tell.

nokenzo

591 posts

Posted by nokenzo > 2017-02-08 09:44 | Report Abuse

Wait for Q4 on 17.02.2017.

Mgician

716 posts

Posted by Mgician > 2017-02-08 13:30 | Report Abuse

tin price goin down ~~~

Warn3r

792 posts

Posted by Warn3r > 2017-02-10 08:31 | Report Abuse

Wait until my neck long. Not moving at all. -_-

nicky11

654 posts

Posted by nicky11 > 2017-02-10 12:22 | Report Abuse

Let's wait for the QR announcement. Hopefully it meets our expectation.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-10 13:14 | Report Abuse

hopefully

kltan

143 posts

Posted by kiasu_investor > 2017-02-13 03:58 | Report Abuse

Keep dropping even good market. Buy high always win?

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-13 11:46 | Report Abuse

haha. buy and hold

Mgician

716 posts

Posted by Mgician > 2017-02-13 15:28 | Report Abuse

@paperplan2016.. Nice one on Jcb. Hope this 1 can perform well too

pingdan

1,549 posts

Posted by pingdan > 2017-02-13 16:14 | Report Abuse

tin price coming back strong to usd19.800 from USD18.800 in just 2 days

cheoky

2,823 posts

Posted by cheoky > 2017-02-13 19:46 | Report Abuse

Ride on paperboat should be safe. Years underinvest in new mines should provide some support to tin price with disclaimer barring unforeseen circumstances. Holding company is also a good com. Professional com.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-02-14 11:38 | Report Abuse

I am almost 100% certain this quarter will be better than previous year. Just a matter of how much better. If no loss and small profit, i happy d.

pingdan

1,549 posts

Posted by pingdan > 2017-02-14 11:41 | Report Abuse

Certainly good for this quarter compare to last year. Just hope that there are no "surprise" provision provided by the auditor during this quarter. Let's pray for it

Op3rs

397 posts

Posted by Op3rs > 2017-02-15 15:22 | Report Abuse

tin price on track back to 20k

pingdan

1,549 posts

Posted by pingdan > 2017-02-15 15:47 | Report Abuse

tin price break usd20k again...

Yip2880

393 posts

Posted by Yip2880 > 2017-02-16 15:36 | Report Abuse

And dropped below again

curious2

1,812 posts

Posted by curious2 > 2017-02-16 15:39 | Report Abuse

Good news why can drop? How is QR?

Yip2880

393 posts

Posted by Yip2880 > 2017-02-16 16:49 | Report Abuse

Coz tin price went below USD20k again, that's why

hng33

20,491 posts

Posted by hng33 > 2017-02-21 16:40 | Report Abuse

bought MSC at 3.96

pantor

336 posts

Posted by pantor > 2017-02-21 21:28 | Report Abuse

last call before shooting

Yip2880

393 posts

Posted by Yip2880 > 2017-02-21 23:29 | Report Abuse

Hopefully it's shooting "UP" and not "Down".

cheoky

2,823 posts

Posted by cheoky > 2017-02-22 10:25 | Report Abuse

Tin

The worldwide Tin market has recorded a marginal deficit during January to December last year. There were no DLA deliveries during the year, the data said.

As per WBMS data, the global Tin market recorded slight deficit of 36.0 kt during the entire twelve month period of the year from January to December in 2016.

Global refined Tin production remained more or less flat during the previous year. The Asian production declined marginally by 2.2 kt during Jan-December ’16, when matched with the production during January to December in 2015.

The global demand for the metal has increased by 5.40% when matched with January to December in 2015. The demand totaled 388.40 kt during this period. The Chinese apparent demand saw significant uptick of 9.0% over the previous year. The Japanese consumption totaled 26.1 kt, lower by nearly 2.4% when compared with the demand recorded during January to December in 2015.

The reported stock of the metal declined during the twelve-month period of the year. The stock at the end of the year 2016 was lower by 3.6 kt when compared with Dec ’15 closing levels. The reported stocks increased marginally by nearly 1.2 kt during the month of December 2016.

During the month of December alone, the global refined Tin production totaled 30.6 kt, as against the demand of 33.6 kt.

pingdan

1,549 posts

Posted by pingdan > 2017-02-22 16:47 | Report Abuse

5 trading days left for Feb 2017. Wait this company result up until neck long. Hopefully come out today

Warn3r

792 posts

Posted by Warn3r > 2017-02-22 19:02 | Report Abuse

Can't agree more. I also wait until neck long and pain.

cheoky

2,823 posts

Posted by cheoky > 2017-02-22 23:54 | Report Abuse

Watch holding company share price rising.. a preclude to good msc result? Speculate only...

Posted by nojokehere > 2017-02-23 16:14 | Report Abuse

Inikalilah!

nicky11

654 posts

Posted by nicky11 > 2017-02-23 19:01 | Report Abuse

Hopefully the result is good~~~

Yip2880

393 posts

Posted by Yip2880 > 2017-02-24 09:24 | Report Abuse

Tin price drops below USD19k.

cheoky

2,823 posts

Posted by cheoky > 2017-02-24 10:00 | Report Abuse

today should be the d day. holding company is holding up good.

Icon8888

18,659 posts

Posted by Icon8888 > 2017-02-24 11:28 | Report Abuse

very curious about their result

my cost 4.00

my study showed that when RM weakened, they are likely to incur forex loss

cheoky

2,823 posts

Posted by cheoky > 2017-02-24 11:51 | Report Abuse

all commodity companies enjoying windfall on 2016. hopefully this should be no exception. sales demand is indefinitely only variable is sale price. with previous years of underinvestment in mines should provide floor support to tin prices.

nicky11

654 posts

Posted by nicky11 > 2017-02-27 17:57 | Report Abuse

Still don't want to announce result meh..

Ramada

655 posts

Posted by Ramada > 2017-02-27 19:09 | Report Abuse

5.50 sen for this quarter.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5916

Ramada

655 posts

Posted by Ramada > 2017-02-27 19:11 | Report Abuse

8 sen dividend, still acceptable. Anyhow, free fall tomorrow.

nicky11

654 posts

Posted by nicky11 > 2017-02-27 19:59 | Report Abuse

The Butterworth international smelting business recorded a loss before tax of RM32.40
million in 4Q 2016 compared with a loss before tax of RM4.83 million in 4Q 2015. The
higher loss in 4Q. 2016 was mainly due to higher cost of sales and higher impairment of
receivables. If no this lost, the profit will be very good.

cheoky

2,823 posts

Posted by cheoky > 2017-02-27 21:49 | Report Abuse

No comment..... collect dividend n monitor tin market....luckily still got own mine.

abangadik

2,305 posts

Posted by abangadik > 2017-02-27 21:58 | Report Abuse

this is a super old school counter liao. Last time when I was still a kid, remember 8pm news got mention about Rahman Hydraulic la, Selangor Property Berhad...

Risk Rider

849 posts

Posted by Risk Rider > 2017-02-27 22:41 | Report Abuse

Everyone here are expecting more than 20c EPS with TIn price up more than 20%. Now only 5.5c, tomorrow no eye see, another free fall stock.

joekit

833 posts

Posted by joekit > 2017-02-27 23:26 | Report Abuse

dang! why is the quarterly result so bad?!

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-27 23:52 | Report Abuse

Yes! Finally paying dividend back!

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-28 00:05 | Report Abuse

It's funny....They book in loss, due to impairments? I guess Singaporean don't like pay tax? Cof at rm80mil, but netprofit just good at breakdown in 4Q? 0.30 range for full yr EPs.

PE_10

60 posts

Posted by PE_10 > 2017-02-28 09:24 | Report Abuse

EPS 5.5 sen. If apply PE 10, TP RM 2.2??

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-28 09:31 | Report Abuse

whatever you wanna apply. to be cashflow more important. That results is fluctuating due to impairment blah blah, then reverse impairment blah blah........

kkteng70

432 posts

Posted by kkteng70 > 2017-02-28 09:41 | Report Abuse

wow... 2.2 ? will sell other to buy this . if the price goes back 2.2.

henry9889

85 posts

Posted by henry9889 > 2017-02-28 09:52 | Report Abuse

paperplane sifu, my average price is at 3.91, should I add or hold?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-28 11:09 | Report Abuse

luckily sold all at 4.06 before the free fall...waiting to collect back

nicky11

654 posts

Posted by nicky11 > 2017-02-28 11:57 | Report Abuse

Top decliners in Bursa today. Hmm, the loss in this company is keep appear and the tin price is drop to ~19K USD...Prospect to this stock is unpredictable.

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