Limited upside but strong downside. Still have meat on the table but do you wanna take the risk unless your entry price is lower than insider I am talking about price below RM1.4
Brian, you talk Simi lj? Never hit past 3 ringgit how to go 5 ringgit Anyway the results is fantastic Say all you like about how bad it is One quarter 22 mil ringgit profit is what I projected Equivalent to sgd 7 mil sgd Next quarter even better and etc Even with tin remaining the same price 7 mil sgd x 4 Will be 28 mil sgd profits Which is 84 mil ringgit profits Don’t deceive yourself Mr Brain. Fully valued ? U based on what . Talk must talk with facts Not just talk without substance to back up
READ MEDIA RELEASED YESTERDAY, MSC STATED THE CURRENT EARNING RESULT WAS BASED ON 3 MTHS TIN PRICE AVG AT USD 24.7K AND 30% OF FURNACE FACILITIES OPERATED.
LET SAY NEXT QTR EARNING AND TIN PRICE 3 MTHS AVG CAN MAINTAIN AT 28K USD WHILE FURNACE USAGE CAN IMPROVE TO 60% , MSC WILL BE MORE PERFORM THEN.....
THIS QTR EARNING 5.5 SEN , PROJECTED ABOUT 12X PE BASED ON LAST QTR EARNING RESULT WAS PRETTY FAIR
world top 3 tin smelting company....
YUNNAN TRADED AT PE 26X PT TIMAH - PE ( DUE TO MAKING LOSS ) MSC PE 12X BASED ON 5.5SEN LAST QTR.
Hahaha okok . Haha. Since when msc become steel company ? Haha.. looks like this brian think that inflation going to end soon.. haha.. okay okay.. let Mr market decide ba..if happen to sell on news, then is a good chance to collect on dips for those who missed the train..hehe..for those who do not believe in this company, hehe better stay away ba.. buy popcorn n enjoy the show..happy weekend and happy investing..cheers
Don’t bother talk to him la. First he don’t have the shares Secondly the more he speak is for us to rebutt him more. Just enjoy popcorn while the operators pump up. The details already there The every quarter results can only get better than the previous one. Stil below 3 ringgit ? He will say sell la When 5 ringgit, we will either hear him appear with another nickname or still using the same nickname asking ppl to sell. Next quarter result at least 10 mil sgd equivalent to 30 mil ringgit profits based on 28000 usd per tonne
When tin ever hit 40000 or Even 50000 usd per tonne MSC worth how much? Haha let market decide
Tin prices have soared since the start of 2021 reaching 10-year high’s not seen since the 2011 boom. The LME spot tin price has averaged ~US$28,000/t for the 2 months to 14 April 2021.
(05 May 2021 : USD 32,000 / t)
This is due to strong physical global tin demand growth which has exceed falling global tin supply and is creating an extremely tight market for tin with LME tin stocks reaching near record lows.
Tin Demand Physical tin demand is growing strongly as a result of:
Covid and the rise of remote working has boosted demand for computers and other home electronics devices. As tin solder is the ‘glue’ connecting everything electronic, this means increased demand for tin.
Continued demand for tin in traditional uses including tinplate, chemicals, lead-acid batteries, alloys and other uses.
Tin Supply
Global tin supply has fallen for each of the last 3 years. Falling global tin supply has been the result of:
* China is the world’s largest miner of tin and smelter of tin metal and has also been a net tin importer this year. Production cuts have occurred in many Chinese tin smelters this year due to tin ore shortages. China is stockpiling tin to meet its goal of self-sufficiency in semiconductors.
* Indonesia (world’s 2nd largest producer) – production has fallen this year due to a poor monsoon season along with ongoing environmental controls and covid issues.
* Myanmar (world’s 3rd largest producer) – production has fallen this year due to the military coup and largely unreliable artisanal and small-scale mining.
* South America (world’s 4th largest producer) supply has been reduced this year due to Covid issues.
Many existing tin mines now have lower grade and diminishing resources. There has been limited exploration or investment in new tin projects and many are either in risky jurisdictions or are low grade deposits.
Tin – The Number 1 New Technology Metal
Tin ranked as the No. 1 metal best placed to benefit from new technology according to a survey undertaken by Boston’s Massachusetts Institute of Technology (MIT) for Rio Tinto in 2018.
~50% of all tin is used as solder in electronics. Solder is the ‘glue’ that connects everything electronic together.
Our clean, new technology future is being driven by robotics, advanced computing, EV’s, energy storage and renewables – these all require more electronics and semiconductors which all need more tin.
Growing research is also showing that tin may be a more effective anode material in Li-ion batteries.
Tin has a wide variety of uses including; solder, tin chemicals, tinplate, lead-acid batteries, copper alloys and other uses. It also has increasing usage as an energy metal for Electric Vehicles.
47% of tin is consumed as lead-free solder by the consumer electronics industry.
Tin chemicals, the second largest end-use with 16% of the market, has the fastest growth.
Post Lithium Ion Batteries Whilst the current focus is on lithium ion batteries the next generation of cheaper, safer products is already in development, including sodium ion, magnesium ion, potassium ion and other products. Tin, its alloys and compounds are prominent candidates for anode materials in some of these, and a growing number of developments including tin are noted. Although performance of some prototypes already exceeds commercial lithium ion products, it is likely that such products will find their own market space and indeed some are already being used in niche markets.
Solar PV Tin was early in the race for new ‘earth abundant’ materials to replace expensive and rare elements used in current solar PV technologies such as gallium. The first generation product was a ‘kesterite’ copper tin zinc sulphide (CZTS) developed by IBM. More recently tin has gained attention in ‘lead-free’ perovskite products that have dramatically competitive performance, targeted at new markets for example on architectural glass. Tin is also being explored as a heat energy storage medium on solar farms that concentrate sunlight using mirrors. Apart from the materials themselves, this sector is already benefitting tin use in China particularly through increased use of solder ribbon used to join solar cells, and increased associated electronics production.
Yes dividend coming but it' s not about dividend Its about tin price hitting a new century high that' s what is going to excite shareholders imagine tin price hit 50000 usd per tonne? thafs crazy profits for msc
This is a blue chip counter like PMetal, if you missed PMetal 10 years ago, then this is a golden opportunity for us to hold 10 yrs. 1000% return is not a dream!!!
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....
brian3381
1,888 posts
Posted by brian3381 > 2021-05-06 13:49 | Report Abuse
dun be the next longkang like gloves