100 mil ringgit looks alright 100 mil ringgit per quarter not possible 100 mil divide by 4 Each quarter 25 mil ringgit Why not Last one is based on 18000 usd per tonne Now is based on 25000 usd per tonne and future maybe based on 30000 usd per tonne Full year 100 mil ringgit is likely for 2021 5-8 ringgit is justifiable
Most of the shares are in strong hands now. Don’t bother those small sellings. The price is holding on Low volume very well. Everyone is waiting for the big pump up circuit breaker limit up. That one day is coming. Should be by end of April. Breakout must be 237 we can March towards 300. Cheers
i think next week price will be around 2.31 - 2.41 .....based on current market and votality of this counter ...by end of Apr....cannot be above 3 since too many contra player keep selling
I don think contra player here.. coz currently this stock is in consolidation phase..plus volume not high.. contra player prefer momentum stock such as ucres, dataprep etc.. buy n sell is mostly from operator..left hand to right hand , vice versa.. they will push when they want to..
There are no contras anymore Basically those sellings are impatient ones Volume has shrunk so much that operators have takeover the shares Just get ready for the eagle to soar past 3 ringgit
237 brokeout as expected with volume we are game on now!! next target 258-262 and we are breaking 3 ringgit. still have 2 months to play for results. lets go 5 ringgit
@marky2kalpha You closed early. It has broke out the trendline 237 now is going 258-262 After which is going 3 ringgit for sure The operators hold the stocks plenty and well good job
LOndon Tin LME Tin pricesTinTIN DATE VALUE LME Official Cash Ask ($/MT) 21 Apr $28,275.00 LME Official 3M Ask ($/MT) 21 Apr $26,917.00, MSC easy can reach $3-5 ringgit
Brokenzo bro really that confident will go to 5-8 lo, any reason why u gave it such high TP? I bought low, so thinking whether to sell after QR released, im gonna hold as long as the tin price remains 25k above and QR keeps improving.
I see Tin going 40000 just like how bitcoin i saw 6000 go to 60000. The supply is so limited until demand cannot cope. Alot of miners now then start to re open the old mines in other countries trying to get more copper. But they cannot beat MSC technologies. MSC cost is 15000/tonne and whatever above is all profits. Plus their inventories are huge all sitting on paper gains without even selling. The new smelter technology will increase 50pct more plus less overhead. All these means more profits. I am eyeing their jewel 20 hectares prime land in penang for end of december going to start re develop with singapore straits trading which will contribute to RNAV value once all the land develop into condos and commercials. These are bonuses which will add another few ringgit to the tin business. Therefore, my expectation is at least 8 ringgit in 2022. if Tin go beyond 50000, then 10-12 ringgit by 2023. Its a ballistic multi gainer like Top Glove. Now is last chance to buy before 3 ringgit is gone. Those keep thinking since 1.82 if dont buy must be crying by now. next target is 3 ringgit.
Thanks for your reasoning, a solid one with facts too. The only thing im worried is the tin price due to its volatility, if the commodities supercycle ends, the profit of MSC will be reduced. Even though it seems now, there is no such problem, but we dont know when this tin supercycle will stop. Just my tiny worries feel free to provide more insights.
@fctitan I can understand that one day the commod super cycle will slow down but if by then the price of tin is say 38000 and even if it weaken, the cost of MSC is still 15000. So no matter what , it will always make profits and much higher than before 2021, hence the price will be supported The jewel in the crown is it’s going to be a property developer with straits holding and Penang land is good land. On business point, it has 2. One is tin one is properly So one is confirmed profits from tin and one is rnav of property grow higher and higher once top condo and commercial. Hence msc I reckon will be 8-12 ringgit Not an impossible dream . It won’t be this year but next year onwards. Just hold tight and enjoy dividend. I Guess along the way the mgt may announce bonus issue or stock split and de javu again. Bonus n split and push up again to pre level Shareholders rewarded Stay calm stay cool Stay patience MSC will be very rewarding
G boy 2011 n 2021 different 10 years. Msc needs big boys to rally up. Big boys will overwhelmed retailers. Retailers very vital for msc. For leverage the price.
Welcome bigs boys n greeting retailers See you at 270 n fly to 290
See you guys soon. Next destination 258-262. As I mentioned before, starting end April the chart probably says pump till results day end June. By then, we could be around 4-5 ringgit. Insiders definitely have the figures results for the June results already. The results should be excellent. Get ready. My wish and target is 5 ringgit June. Double from now. All prosperous here in msc
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....
Ooi Cheng Kee
240 posts
Posted by Ooi Cheng Kee > 2021-04-20 10:06 | Report Abuse
Yes