Yes holding very very tight Today the parent straits trading up 15 percent in singapore I wonder any chance of them privatising MSC at a good price next time
22 Feb results out Solid results will propel it past 3 ringgit Let’s just wait for it Everyday there are a lot of accumulations going on This is going 5 ringgit Hold tight tight
Usa sanction Myanmar is a matter of time Military coup is illegal Usa will never accept it Without Myanmar China wil have to source elsewhere and feed their demand Supply already shortage and demand soar Tin will hit past 30000 sooner or later Today msc 2.34 Next Monday probably 2.50-2.55 We are near 3 ringgit soon As soon as cny
[Humbled Investor] Malaysia Smelting Corporation - MSC
[10 Key reasons on why you should relook at MSC]
1. Even without the participation of institutional investors, MSC has surged 230% with minimal selling pressure. When big insti funds starting to notice MSC, potential gains might further be unleashed.
This is a list of countries by tin production in 2019 based on USGS Mineral Commodity Summary 2020.[1]
Rank Country/Region tin production (tonnes) World 310,000 1 China China 85,000 2 Indonesia Indonesia 80,000 3 Myanmar Myanmar (Burma) 54,000 4 Peru Peru 18,500 5 Bolivia Bolivia 17,000 6 Brazil Brazil 17,000 7 Republic of the Congo Republic of the Congo 10,000 8 Nigeria Nigeria 7,500 9 Australia Australia 7,000 10 Vietnam Vietnam 4,500 11 Malaysia Malaysia 4,000 12 Rwanda Rwanda 3,000 13 Russia Russia 1,400 14 Laos Laos 1,000 Other countries 1,400
A stock can trade at above rsi for a long time It’s just an indicator Investors exuberant targets for tin propel msc to yet another high this morning 2.48 ringgit It will correct at some point where profit takers take profits but immediately after, there will be savvy investors who will scoop it back up. The jewel in the crown for msc now is the tin price, the new tin mine, the unexpected huge profits in next 3 years due to tin deficits and high price and finally the huge potential value of the butterworth land jv with straits holdings So fundamentally msc is worth more than 10 ringgit with all these factors in the next 2/3 years. Buy and hold. If it hit 10-15 ringgit, laugh all the way to the bank
Like the battery angle cos it gives room for imagination. Actually consulted an analyst friend, but he says global demand for battery will only be 60tonnes by 2030 woh...hope his source is off the mark!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gemfinder
6,880 posts
Posted by gemfinder > 2021-02-04 13:39 | Report Abuse
hold tight tight