Posted by Bushden > 2020-12-10 17:42 | Report Abuse

Msc will awaken from longgg sleep

Posted by Bushden > 2020-12-10 17:42 | Report Abuse

Invest for long term

Posted by spectre007 > 2020-12-13 00:33 | Report Abuse

Next year rm2 to Rm3.... Hidden gem

Posted by Hafid > 2020-12-18 12:13 | Report Abuse

Although the transition period has not yet ended, Malaysia Smelting’s performance has indeed improved since Yong Mian Thong took office. He has made profits for four consecutive years and has paid dividends for four consecutive years. The actual performance has proved his leadership ability and has also made shareholders feel positive. Its reform plan is more confident.

On the whole, Malaysia Smelting was originally limited by the shackles of a century of history. Now, under Yong Mian Thong's heavy reforms, the company has started again, its performance has gradually improved, and it is back on track. Perhaps in the near future, everyone will find that an old company that has successfully reformed can also bring surprises.

Posted by CSOON 77 > 2020-12-18 21:25 | Report Abuse

Next week will fly

Posted by Lanmum > 2020-12-19 10:19 | Report Abuse

All metal and raw material is in demand now. So many construction project started anew or continue again. Not just in M'sia. The whole world consume more than ever before.

Posted by Lanmum > 2020-12-19 10:22 | Report Abuse

Hardware prices all jump high. Those in construction sector knows.

Posted by Bushden > 2020-12-19 11:25 | Report Abuse

https://bursasustain.bursamalaysia.com/droplet-details/news/malaysia-to-roll-out-tesla-like-battery-for-electric-vehicles-by-2020

Posted by Bushden > 2020-12-19 11:29 | Report Abuse

Read news above. Mayby msc will supply raw material for this new ion lithium like tesla battery factory in malaysia.. 1st factory in asean.

Posted by Lsk58 > 2020-12-19 22:25 | Report Abuse

Tin a precious mineral n not mined easily in any country in d world but MSC is exceptional dos Rahman Hyrauliic have huge reserve that can last for at least 30 years

Posted by skycity6888 > 2020-12-19 22:31 | Report Abuse

:D



Unbelieveable. In Tin futures, shoot from usd19k to usd20k in just 10 days

Posted by skycity6888 > 2020-12-19 23:18 | Report Abuse

Lsk58, is this true?

Fr my infor fr d xmanager usd10000 for tin is still profitable for Msc bcos tin mined at rht are in rock form n very concentrate

Posted by Lsk58 > 2020-12-20 11:45 | Report Abuse

I'm a former supplier of spare parts n mantainent supplier of RHT for 4years before MSC took over from d special administrator

Posted by Lsk58 > 2020-12-20 13:31 | Report Abuse

Under good management MSC is just like Petronas

Posted by Hafid > 2020-12-20 15:30 | Report Abuse

Anyway to get tin price. it is usd20,000

Posted by TrendLai > 2020-12-20 17:23 | Report Abuse

Tin Tin Tin Selling higher, tin a component for electrical products, food, EV battery.

Posted by gemfinder > 2020-12-21 16:37 | Report Abuse

buy in 1.08

Posted by gemfinder > 2020-12-22 17:19 | Report Abuse

https://www.theedgemarkets.com/article/rise-and-rise-tin-prices

Posted by skycity6888 > 2020-12-22 21:27 | Report Abuse

This article first appeared in The Edge Malaysia Weekly, on December 14, 2020 - December 20, 2020.
-A+A
ONE of the oldest commodities, tin is enjoying a revival in popularity at the moment.

Over the past seven months, the commodity has gained 22%, with average monthly prices shifting from US$15,110 per tonne in May to US$18,433 in November, according to data from the Kuala Lumpur Tin Market.

As at last Thursday, it was trading at US$19,430 per tonne.

International Tin Association market analyst James Willoughby says demand recovery for tin in recent months has been driving up prices.

“This recovery has been primarily in China, although we are beginning to hear more positive news out of Europe as well,” he tells The Edge.

Earlier, the Covid-19 pandemic had caused the closure of smelters in Asia and South America, but production has now resumed and at above-normal levels to catch up with annual targets.

“Initially, global demand for tin declined sharply as consumers, particularly in Europe, were unable to shop for new electronics, cars and houses — the central pillars of the tin market. In our annual survey of tin consumers, which takes place in the second quarter, it was estimated that global tin demand would decline by around 6%.

cars and houses — the central pillars of the tin market. In our annual survey of tin consumers, which takes place in the second quarter, it was estimated that global tin demand would decline by around 6%.

“However, the work-from-home movement in Europe and the US, particularly, has seen consumers purchasing more electronics in order to get online. Furthermore, being unable to travel and spending more time at home, consumers became more interested in improving their home electronics, including white goods. This is a major solder-using area, and in China, [demand] has been growing by more than 20% in recent months.

“While these positives won’t completely recover the lost demand this year, we do expect them to carry into 2021,” Willoughby says.

He adds that China remains the world’s largest consumer of tin, and that demand for the commodity is expected to decline by less than 1% this year because of resurgent demand in the second half of the year.

Impact on companies
Malaysia Smelting Corp Bhd (MSC), the third largest refined tin producer in the world, says the rise in tin prices will positively impact its tin mining segment. Its subsidiary, Rahman Hydraulic Tin Sdn Bhd, owns and operates the country’s largest hard rock open-pit mine, located at Pengkalan Hulu in Perak.

The tin ore is extracted from the earth, then processed into tin concentrates to be utilised as raw material to support its smelting operations.

“Our tin smelting division will also benefit with increased supply of tin concentrates as more tin mines around the world will start mining due to high tin prices,” MSC CEO Datuk Dr Patrick Yong tells The Edge.

Tin smelting activities are performed at the group’s facility in Butterworth, Penang, which has been operational since 1902. The group is in the midst of relocating its full smelting operations from Butterworth to Pulau Indah, Klang.

“We are already carrying out partial small-scale smelting activities at the Pulau Indah smelter and have commenced operations for refining and smelting activities using the rotary furnace.

“We are still fine-tuning and undergoing control calibrations of the Top Submerged Lance (TSL) furnace and expect the TSL furnace to commence smelting operations by 1Q2021 albeit at approximately 25% capacity before being ramped up gradually to higher capacity by the end of 2021,” says Yong.

Once all functions at the Pulau Indah smelter are running at a steady state, it may take up to a year for MSC to gradually phase out production at its Butterworth smelter, he adds.

“Although running both smelters would increase operating costs, this will give confidence to our customers on the security of supply. We are optimistic that 2021 will be a better year for MSC as we ramp up our smelting production at Pulau Indah, and increase our tin mining production at our Rahman Hydraulic Tin mine and our new tin mine at Sungai Lembing, Pahang.”

MSC has increased daily average production of its tin ore at the Rahman Hydraulic Tin mine from approximately 8,000kg to around 10,500kg. Mining activities at its new Sungai Lembing mine have also started recently, with average production of 100kg to 200kg per day.

The closure of its mining and smelting operations due to the government-imposed Movement Control Order (MCO) in March led to disruptions to its operations.

This had impacted MSC’s financial performance in the first and second quarters of its financial year ending Dec 31, 2020.

Posted by skycity6888 > 2020-12-22 21:28 | Report Abuse

However, with the resumption of economic activities following the Conditional MCO, the group restarted its tin mining and smelting activities at full capacity, resulting in a third-quarter net profit of RM12.54 million against a cumulative net loss of RM12.29 million for the first two quarters. Revenue for the quarter amounted to RM230.83 million.

Over the past month, MSC shares have gained 49%, and last Thursday’s close of RM1.04 gave it a market capitalisation of RM416 million.

Rising tin prices have also had an impact on Johore Tin Bhd, which derives 25% of its revenue from tin manufacturing.

“Tin is one of the main packaging types of Johore Tin, thus solely from an input cost perspective, there will be an increase in material costs. However, looking at the pricing mechanism of Johore Tin, they are generally able to pass through the cost, albeit, with a few months’ lag.
solely from an input cost perspective, there will be an increase in material costs. However, looking at the pricing mechanism of Johore Tin, they are generally able to pass through the cost, albeit, with a few months’ lag.

“Besides that, they have also optimised their tin production through strategic consolidation of their facility, which has helped support profitability,” says TA Securities ­equity research analyst Jeff Lye.

However, tin manufacturing is not the group’s core competency as the bulk of its revenue is derived from the food and beverage segment — principally, the manufacture and sale of milk and other related dairy products.

Year to date, Johore Tin’s share price has appreciated 11%. It closed at RM1.92 last Thursday, which translates into a market capitalisation of RM590.5 million.

As for beverage manufacturer and distributor Fraser & Neave Holdings Bhd (F&N), which uses tin plates for its canned milk business, there will be some cost pressure with rising tin prices.

“Our policy is to hedge some of our raw material requirements ahead and this will help to mitigate some of the impact. Furthermore, we have innovated and introduced the pouch as a packaging format to reduce our dependence on tin cans, although this is a smaller format at this moment,” a company spokesperson says in an email response to The Edge.

On whether this would translate into higher selling prices for F&N’s canned products, the spokesperson says, “As with any business, we need to manage every cost pressure and watch our bottom line. We will only implement a price increase as a last resort as we are very mindful that our consumers may be facing economic difficulties in this period.”

Year to date, F&N shares have decreased 7% to RM32.46 as at last Thursday, giving it a market capitalisation of RM11.9 billion.

Posted by Bushden > 2020-12-22 21:38 | Report Abuse

Bright future for this versatile earth element.. Demand for tin robust for coming years.. Using for pv solar, battery, water treatment, new source for energy storage and many more. Msc also open new mine at sg lembing pahang.. Msc ceo alrd know the great demand for tin coming years.. Tin for green energy source.. THE WORLD GOING FOR GREEN.. SAVE WORLD FROM CARBONISE

Posted by CSOON 77 > 2020-12-24 09:33 | Report Abuse

Kita terbang

Posted by gemfinder > 2020-12-24 09:44 | Report Abuse

FLYYYYYYYYYY

Posted by Ooi Cheng Kee > 2020-12-24 10:19 | Report Abuse

finaly fly! How high can it go?

Posted by Hafid > 2020-12-24 12:01 | Report Abuse

2.00

Posted by LA777 > 2020-12-24 18:30 | Report Abuse

Congrats to all!

Posted by Lsk58 > 2020-12-24 18:49 | Report Abuse

I believe it will goes back to d price before its share split

Posted by skycity6888 > 2020-12-25 10:31 | Report Abuse

https://www.metalbulletin.com/Article/3739618/FORECAST-Tin-prices-to-rise-on-widening-deficit-BMI-says.html

Posted by skycity6888 > 2020-12-25 10:32 | Report Abuse

FORECAST: Tin prices to rise on widening deficit, BMI says
Tin prices are expected to trend higher over the coming years due to a widening supply deficit as global demand growth outpaces production between 2017 and 2021, according to BMI Research.

Analysts at UK-based BMI said in a report on August 3 that they expect prices to rise from an average of $19,500 per tonne ($8.85 per lb) in 2017 to $22,500 per tonne ($10.21 per lb) in 2021.
The London Metal Exchange’s three-month tin price closed at $20,555 per tonne ($9.32 per lb) on August 7, up 1.6% from $20,225 per tonne ($9.17 per lb) on July 24.

Posted by skycity6888 > 2020-12-25 10:35 | Report Abuse

Meanwhile, the phase-out of lead in solders is expected to accelerate as regulators steadily tighten the parameters for using what is designated a hazardous material.

Less lead means more tin.

Posted by skycity6888 > 2020-12-25 10:37 | Report Abuse

https://www.reuters.com/article/us-metals-tin-ahome-idUKKBN28K1TN

Posted by Yeo Soon Qion > 2020-12-25 18:13 | Report Abuse

Glove Theme has been replace by Tin and Steel Theme
Rising Tin and Steel Price,
and our government has begun to imposed 5 years Anti Dumping Tax on China, South Korea and Vietnam,
will greatly benefit the Tin and Steel Sector.

Posted by humble1102 > 2020-12-26 17:05 | Report Abuse

up from 70cent in a month+. Can still go up?

Posted by cccthierry > 2020-12-28 09:18 | Report Abuse

https://markets.businessinsider.com/commodities/tin-price

Posted by gemfinder > 2020-12-28 10:11 | Report Abuse

c u at rm2

Posted by cccthierry > 2020-12-28 10:52 | Report Abuse

https://www.sinchew.com.my/content/content_2400622.html

Posted by Hafid > 2020-12-28 18:07 | Report Abuse

close at rm1.39. last time in 2016 is rm3.50

Posted by scchin58 > 2020-12-28 22:35 | Report Abuse

At rm1.39 is rm5.56 in 2016

Posted by HumbledInvestor > 2020-12-28 23:26 | Report Abuse

[MSC (Malaysian Smelting Corporation) - World's Top 3 Tin Smelter in the World]
The hidden real gem!!

If you have followed us since the start of our page (in April 2020), you would know that we are huge fans and promoters of MSC.
And time has proved us right, MSC's share price has gained more than 100% in less than a year. Let the bull run and it will hit our TP3 and TP4 soon enough.

https://klse.i3investor.com/blogs/HumbledInvestor/2020-12-28-story-h1538429239-_Humbled_Investor_MSC_Malaysian_Smelting_Corporation_World_s_Top_3_Tin_.jsp

Posted by vegebotak > 2020-12-29 23:20 | Report Abuse

Wow.. tin price spike

Posted by Hafid > 2020-12-30 15:46 | Report Abuse

20,514.00

Posted by Hafid > 2021-01-01 16:02 | Report Abuse

Recently director is buying. So no more cheap price going forward.

Posted by Bushden > 2021-01-04 21:12 | Report Abuse

Tin price spike some more to usd 20,900.. Announcement today.. Director buying more share.. Good news..

Posted by Hafid > 2021-01-06 06:07 | Report Abuse

Tin is usd21,180.00

Posted by bjgdila123 > 2021-01-06 12:01 | Report Abuse

anytime 2 break 2.00 sapuuuu

Posted by Hafid > 2021-01-06 13:38 | Report Abuse

06/01/2021-21,217.50

Posted by Hafid > 2021-01-06 13:39 | Report Abuse

NOW IS 21,250.00

Posted by bitcoin > 2021-01-06 15:08 | Report Abuse

director keep buying, going to touch rm2 !!

Posted by Hafid > 2021-01-06 15:32 | Report Abuse

support is strong at 1.48

Posted by Hafid > 2021-01-06 15:39 | Report Abuse

tin future is usd21,270.00