April is here. Ready for the play up for June results ? Coming soon. Volume has shrunk to a month Low. Yunan Tin starting to move Last Friday. Coincidentally all top 3 tin producers fallen around same 35 pct from its high. Going to play up anytime from now in April till July. Get ready positions. May all prosper with MSC
2 months to go for Record breaking QR results based on the current tin price. Can’t imagine the revenue and profits Will be mind blowing the results Getting ready for big volume surge again soon
Tin should hit past 30000 end of April for coming play. 2 months of decreasing volume with accumulation of the stock msc, a breakout of 234 is imminent. Wait for that level 234 breakout.
SONGWON announces global price increases for Tin Intermediates and Catalyst Publishing date: 01.04.2021
SONGWON Industrial Co., Ltd. announced today that prices for all Tin Intermediates and Catalyst products will be raised by up to 20% depending on the product line and region but exclude the normal price adjustment linked to Tin ingot.
These additional upward price adjustments are necessary due to the higher costs related to other raw materials, labor, regulatory as well as energy and logistics and they follow the price increases related to freight rate surges that where previously announced in December 2020.
The price increase is effective immediately or as contracts allow.
"My personal view is it has to go to a price where demand is destroyed, because supply isn't there and because demand is so inelastic," Thompson said, citing an expectation that the cash price could be driven above $50,000 per tonne within the next 18 months. Thompson is the ceo of tungsten west metal and ex chairman of LME
@hafid, I agree with you If you have been following, you can see decreasing volume and accumulation at such range. 22-24 June is the next result. Now is 9 April . 2 months away. The accumulation show is about to end and next level of up is on the way. For those stuck 2.50-2.95, your chance will be here again. I am holding on tight for the next pump up and hopefully another bonus issue shares. Buy only if you believe . Goodluck
18 Feb highest 2.93 Consolidated till now 9th April Almost 2 months. Now 2.14. This eagle is going to soar again. Waiting for the Adrenalin rushing action
Elementos Ltd’s (ASX:ELT) (OTCMKTS:ELTLF) (FRA:9EM) strategy to become a significant tin producer is gathering strong momentum as it pushes ahead with development strategies at both its wholly owned projects at a time when the LME tin metal price is near ten-year highs.
Tin metal supply disruptions and strong demand driven by global economic stimulus have pushed the LME tin prices to ten-year highs trading over US$28,000 per tonne compared to US$13,450 per tonne a year ago.
Chairman Andy Greig said the strong tin price was driving a substantial increase in the value of both the Oropesa and Cleveland tin projects.
“Exciting time” He said: “In 2020, we completed an economic study on the Oropesa Tin Project which derived a pre-tax NPV of US$94 million based on a tin price of US$19,750 per tonne.
“Today that pre-tax NPV has increased to US$228 million based on a tin price of US$26,500.
“The current drilling program which has reached the halfway point, is meeting the objective of converting near-surface inferred resources to indicated mineral resources and further enhancing the project value beyond just the increase in the tin price.
“This is an extremely exciting time to be involved in one of few, globally significant, open-cut mineable tin deposits in the world.”
Oropesa permitting continues Elementos is progressing its Oropesa permitting program including the updated Environmental Impact Application (EIA).
Several supplemental environmental studies are being completed by top tier environmental consultants ERM.
Cleveland Project, Tasmania Rising tin prices have prompted the company to fast track its work programs at the wholly-owned Cleveland Tin Project in Tasmania.
A recent regional geological and field program has identified new tin mineralisation. A drilling program is being planned later this year. This follows the company’s drilling program in 2018 which defined a significant, high-grade, open cut tin mineral resource.
The Cleveland project contains a significant resource of tin-copper amenable to both open cut and underground mining techniques, located in a world-class mining district with excellent infrastructure.
Elementos has undertaken a regional geological review looking for opportunities to identify further tin mineralisation following the successful delineation of a high-grade, open-cut mineable tin resource from its 2018 drilling program.
A prospective region approximately 500min length to the immediate north-east and along strike of the existing mineral resource has been identified.
Reconnaissance mapping of the prospective region has confirmed the presence of the geological mine sequence hosting the Cleveland mineral resources.
--------- quote ----- Stock: [MSC]: MALAYSIA SMELTING CORP BHD
Feb 20, 2021 4:21 PM | Report Abuse
today closing 2.80 , now consider overvalue. Based on average pe 10 , the fair value of this stock in June 2021 only around rm 2 -------- unquote -----
MSC 目前属于一家积极发展的公司,主要因为新的 CEO 上任以后就下定决心要改善整个营运构造。公司的主要成长因子是 Pulau Indah 的新冶炼厂,只要一切顺利,公司的产能就可以增加 50 %。加上目前锡价处于高位,我相信公司的盈利会相当地好。但是,新厂也会带来更多的营运成本,而投资者也必须市场关注锡价的走势,来推测公司未来的业绩表现。
Hafid, it means that based on the crazy tin price of 26000, msc revenue and profits will be crazy also. The June results will reveal the truth. The price can’t stay at this range forever due to the coming excellent results in June. 3 ringgit is too Low. Let’s see the volume and price breakout and it’s déjà vu again
225 now. Are your ready ? June results play time 4-5 ringgit by June All prosper here Pe 15-20 is alright as we have excellent bright future When tin hit 40000, msc maybe 8-10 ringgit already
enjoy the start of this new rally. 2 months for the big boys to play up. 5 ringgit after june results. lets cheer for it. grossly undervalued with most of tin shipped out at 26000/tonne. the last result is based on 18000/tonne Do your math. if tin price go beyond 35000-40000, MSC will go to 8-10 ringgit its not impossible. This is like Top glove scenario. The higher the glove selling price is like the higher the tin selling price. Why should you sell MSC now? You should wait for 2022/23 as tin is expected to be great for this 3 years. Hold for maximum gain. Cheers
yjliew@its indicated as 22 june reporting. Same as previous year. Highly anticpating revenue and results. Could raise eyebrows with many analysts and traders.
Breakout 237 Watch this point Once break, a huge volume with increasing price actions will start. Yesterday was the beginning after 2 months of consolidation. If break 237, this time we will break 3 ringgit for sure. Hold your reins on the horse tightly. Don’t let go this jewel
KUALA LUMPUR (Feb 19): Malaysia Smelting Corp Bhd returned to the black in the fourth quarter ended Dec 31, 2020 (4QFY20), posting a net profit of RM15.86 million from a net loss of RM15.95 million.
Imports of iron ore in China have jumped a whopping 19% to 102.11 million tonnes in March vs the prior year according to Tuesday's official customs data.
Global tin stocks going to rock and roll soon. All of them have been consolidating for past 2 months I reckon tin going to break 30000/tonne Don’t miss the lion roar MSC. Seldom have such chance. A game changer tin bull. 5 ringgit my target
there is simply not enough tin in this world now tesla needs to use not only a lot of nickel but tin 50 pct of semiconductor solders need tin now electric cars and bikes need tin with tin at such pricing and supply limited, everyone is placing orders just to get tin. most of tin in London warehouse now is from Malaysia and that is none other than from msc MSC will soar in coming months in the next 2/3 years tin future now almost 27000. It is poised to break past 30000. let' s wait and see. tin stocks like msc will benefit the most
LME Official Cash Ask ($/MT) 16 Apr $28,267.00 LME Official 3M Ask ($/MT) 16 Apr $26,600.0
Tin cash May break 30000 Followed by tin futures MSC huge inventories of tin in Malaysia stockpile waiting to sell to customers at huge profits breakeven cost is 15000 as said by management can you imagine tin selling at 30000 or 35000 or 40000 per tonne with the cost at 15000? do your math and dyodd
this will be a super mid cap by 2022/23 $2-3 or RM6-9 could be possible 2022/23
Tin LME Official Cash Ask ($/MT) 19 Apr $27,940.00 LME Official 3M Ask ($/MT) 19 Apr $26,768.00
backwardation gap getting narrower both values cash and futures going towards $30000/tonne 2.5 months of consolidation since hitting highest in February.
Breakeven cost $15000 anything above $15000 is pure profits for MSC current profits $27940-$15000=$12940/tonne Tonnes of inventories in MSC shall be revalue in coming June results plus tonnes of tin sold in last 3 months shall be reported. expect 8-10 mil sgd in first quarter 2021 results assuming every quarter make 8-10 mil sgd, that wil be like 32-40 mil sgd (96-120mil ringgit) for whole year 2021.
wow. how much is it worth ? dyodd. Part of portfolio is a must
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....
Hafid
1,135 posts
Posted by Hafid > 2021-03-29 16:15 | Report Abuse
Will drop to 1.80 I guess...