Posted by Hafid > 2021-06-05 13:33 | Report Abuse

with the lockdown in operation MSC is stop operation until further notice... so bad luck for MSC

Posted by JSoang Ooi > 2021-06-05 19:30 | Report Abuse

Mco ma..what u expect..not essential service also.. ITA article mentioned may be until 9th only..company doing their best to appy permit..

Posted by awxm2021 > 2021-06-05 19:51 | Report Abuse

@JSoang Ooi bro, so coming q result, revenue drop? PAT drop?



JSoang Ooi Mco ma..what u expect..not essential service also.. ITA article mentioned may be until 9th only..company doing their best to appy permit..
05/06/2021 7:30 PM

Posted by Hafid > 2021-06-06 09:27 | Report Abuse

what worried is extend again

Posted by Hafid > 2021-06-06 09:27 | Report Abuse

if extend again than see at 1.60

Posted by awxm2021 > 2021-06-06 09:36 | Report Abuse

average down?
cut loss?

Posted by brian3381 > 2021-06-06 10:05 | Report Abuse

Dun talk about wat high tin px la. Canot reap the benfot of tin px. Muted response. Two q in a row oredi gave investor false hope. Haha

Posted by Jimmy Lim > 2021-06-06 10:30 | Report Abuse

brook 10kotak tisu sudah pakai

Posted by Bgt 9963 > 2021-06-08 08:47 |

Post removed.Why?

Posted by awxm2021 > 2021-06-08 10:09 | Report Abuse

MSC gogogo

Posted by Investing_Bursa > 2021-06-09 18:43 | Report Abuse

https://www.theedgemarkets.com/article/total-lockdown-malaysia-smelting-corp-declares-force-majeure-after-suspending-tin-mining

Posted by Jimmy Lim > 2021-06-10 02:26 | Report Abuse

habislah msc ini kali! RM1.500

Posted by Hafid > 2021-06-10 13:05 | Report Abuse

tak turun pun. kalau ada tak bagus

Posted by roger3210 > 2021-06-10 15:42 | Report Abuse

thx for he panic selling :D

Posted by PureBULL ... > 2021-06-15 05:33 | Report Abuse

MSC is 3rd largest TIN miner in the world. n this is also an EV.CAR material co.
this stock needs your support. this move up could mean its 2nd CORRECTION is over ..
TIN prices r so BULLISH ... next QR PAT could be oversize # ... as TIN prices have a quantum leap up +22% after Mar 31st 2021.. n stay steady eddy ..

https://klse.i3investor.com/servlets/stk/annqtyres/5916.jsp
https://www.investing.com/commodities/tin-streaming-chart

Posted by Hafid > 2021-06-15 18:24 | Report Abuse

Not yet open. MSc whole year could not open. Another whole month..

Posted by lotuseater > 2021-06-16 19:43 | Report Abuse

Please la.. who say whole year cannot open? Pls do some homework..

Posted by Bgt 9963 > 2021-06-18 08:34 |

Post removed.Why?

Posted by Hafid > 2021-06-18 15:42 | Report Abuse

msc lockdown again

Posted by Hafid > 2021-06-18 16:36 | Report Abuse

MSC LOOK LIKE RM1.90 CLOSING

Posted by Hafid > 2021-06-25 20:27 | Report Abuse

Look like rm1.60

Posted by ivanlau > 2021-06-27 09:53 | Report Abuse

-------- quote -------
Stock: [MSC]: MALAYSIA SMELTING CORP BHD

Apr 11, 2021 9:52 AM | Report Abuse

--------- 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 -----

today closing 2.11 !!!

---------- unquote ----------

Already highlighted the fair value of this stock at 20/2.
Today closing 1.85 !!!

Posted by Hafid > 2021-06-29 16:21 | Report Abuse

PETALING JAYA: The restriction on the tin smelting and mining operations of Malaysia Smelting Corp Bhd (MSC) during phase one of the National Recovery Plan has led to an indefinite suspension of the Kuala Lumpur Tin Market (KLTM).

MSC is the world’s third-largest tin supplier as well as the world’s largest toll smelter. A large portion of its 40, 000 tonnes of tin ore annually is smelted and traded on the local physical tin market in Malaysia.

When contacted, MSC chief executive officer Datuk Patrick Yong said, “To the best of my memory in my short stint in the tin business, this may be the first time the KLTM is suspended due to the stoppage in MSC’s production.”

Given that MSC is the sole tin smelter and the only industrial scale miner in Malaysia, he noted that the operation restriction would limit the group’s production, thus surely affecting the turnover of the KLTM.

He told StarBiz that “although the KLTM is technically independent of MSC, other than being related in trading, the physical tin market is also linked by the supply chain of the tin being traded and MSC happens to be the only smelter in the country and supplies over 95% of tin to the KLTM”.

MSC tin ingots
MSC tin ingots


The current restriction on operations has also disrupted its tin supply to both the London Metal Exchange and the KLTM, added Yong.

“As we are restricted to operating at 10% of our total workforce, we can only keep our furnaces and kettles warm and are unable to operate efficiently.”

MSC also had to declare a force majeure to protect the group from international contractual obligations, Yong pointed out.

“Since we supply the bulk of tin traded on the KLTM, and with this stoppage of production, the situation has led to the suspension of all tin trading activities on the KLTM until MSC’s operation is back to normal, ” he added.

During the movement control order (MCO) 1 and MCO 2, MSC was classified as an essential and integral part of the global supply chain by the International Trade and Industry Ministry.

“Much to our surprise and dismay, when MCO 3.0 was announced, we were restricted to operate with only 10% of our workforce, under ‘idle-warm’ despite nothing much having changed in the operations of our tin smelters and mine, ” Yong said.

With such restrictions on its workforce, no tin can possibly come out from MSC’s tin mines which are managed by Rahman Hydraulic Tin Sdn Bhd and its tin smelting plants. Yong also expects trading on the KLTM to remain suspended until MSC receives the approval from the relevant authorities.

The imbalance in the supply and demand position will drive tin prices higher, affecting industries that require tin in their downstream activities.

MSC tin smelting
MSC tin smelting

Yong cautioned that “more local industries such as tin canning, tin plating and solder making which require tin will now have to import tin at a higher price.

“Even the collection of royalties and levies by the state departments will not be spared. These are just a few of the collateral damages.”

Another point highlighted by Yong is on MSC’s status as the world’s largest custom toll smelter.

The group has to source and receive tin ore from third-party miners from all over the world such as Brazil, Peru and Indonesia, among others.

“The Covid-19 pandemic presented these countries with challenges and coupled with the restriction on MSC’s operations, it further impacted the global tin supply chain, causing tin prices to shoot up sky high internationally, ” he added.

Furthermore, the drop in MSC’s tin production will have a global impact, namely, in the semiconductor and photovoltaic industries.

The rise in demand for more electronic devices and renewable energy has led to a sharp rise in prices of solar panels and solder.

To date, half of the global tin demand is used as tin solder, which is needed to attach the electronic components to circuit boards as well as to connect cells in a solar panel.

Operational-wise, Yong pointed out that for MSC, there was very little damage control that could be done except to bite the bullet.

“However, we have utilised this non-revenue time to do planning and activities low down the merit list.

“We have also written to appeal to the relevant authorities to allow resumption of production, ” he added.

According to Yong, the higher tin price will affect MSC more in the mining sector as “our export value of tin metal will greatly benefit us.

“Our inventory of tin containing material will also benefit from the price hike.

“As far as the toll smelting business is concerned, there will be little effect as we earn tolling charges. The lower turnover in smelting volume will translate to slightly lower earnings.”

He also expects that MSC can return to full operations in a couple of months after the situation is all cleared with lower Covid-19 infections.

Nonetheless, with MSC’s new smelting plant in Pulau Indah, the main benefit will be in improved smelting speeds and effic

Posted by Yupeetan > 2021-07-04 13:26 | Report Abuse

5 states to transition into phase2, including Perak. Rahman Mining reopen?

Posted by Lawman > 2021-07-05 17:37 | Report Abuse

@Hafid wow you were right... this counter really came back to the 1.8 level.

Happy to have come to this chat group and learnt from the experts here which made me realise the bull case I expected for MSC unlikely to realise and made me sell at a small loss.

Posted by Hafid > 2021-07-06 20:15 | Report Abuse

hope with the rahman mining reopen can at least can have tin mine directly so that can cover the smelting tin division... if the price can maintain at this level than at least the price can stay. if not than the price will go down again.

Posted by wallstreetrookie > 2021-07-08 23:08 | Report Abuse

Analyst downgrades Freeport-McMoran from HOLD to UNDERPERFORM

Posted by Hafid > 2021-07-15 20:21 | Report Abuse

MSC is doing private placement as expected.

Posted by Hafid > 2021-07-15 20:22 | Report Abuse

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MSC ("MSC SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 5% OF THE TOTAL NUMBER OF ISSUED MSC SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

Posted by Creativeteam > 2021-07-22 16:05 | Report Abuse

How much is the pp price?

Posted by Bgt 9963 > 2021-07-22 16:33 |

Post removed.Why?

Posted by Hafid > 2021-07-22 18:19 | Report Abuse

The Issue Price represents a discount of RM0.0995 or approximately 5% to the 5D-VWAP of the MSC Shares up to and including 19 July 2021 of RM1.9995 per MSC Share. 19 July 2021 is the last market day immediately preceding the Price-fixing Date.

Posted by roger3210 > 2021-07-23 01:52 | Report Abuse

TIN at historical high 34,060

Posted by roger3210 > 2021-07-23 10:28 | Report Abuse

omg, tin another record high.

Posted by wallstreetrookie > 2021-08-02 14:20 | Report Abuse

Some investors are also speculating that consumption of tin and other industrial metals like copper will rise in the coming years as renewable-energy projects and 5G technology become more widespread.

As the Delta variant of the coronavirus spreads in Asia and Africa, prompting economic shutdowns and travel restrictions, traders are betting the metal will remain in short supply. Key producers including Indonesia, Malaysia, Myanmar and Rwanda are facing surging coronavirus cases, driving worries that shipping tin around the world could be difficult

WSJ | Commodities

Posted by wallstreetrookie > 2021-08-02 14:21 | Report Abuse

The union representing workers at Chile’s La Escondida copper mine said its members voted to reject the most recent contract offer from the mine’s owner and go on strike, potentially risking disruptions to the supply of a key metal as the world’s economy continues to recover from the impact of the coronavirus pandemic.

BHP Group Ltd. BHP -2.09% -controlled Minera Escondida, located in Chile’s northern Atacama Desert, is the world’s largest copper mine, producing almost 5% of the world’s supply of the metal, which is used to make electrical wiring and motors and in construction, among many other applications.

WSJ | Commodities

Posted by Hafid > 2021-08-05 06:13 | Report Abuse

Plant still tutup

Posted by Jaycee89 > 2021-08-05 11:15 | Report Abuse

Yes , already throw 80% msc ticket , let me colllect cheaper , please…

Posted by Mak_kiah > 2021-08-05 12:54 | Report Abuse

Qr release soon? can't wait to see the good results

Posted by Jaycee89 > 2021-08-05 13:05 | Report Abuse

No operate during MCO , how to be outstanding ?

Posted by Hafid > 2021-08-05 14:50 | Report Abuse

The result will be terrible

Posted by Jaycee89 > 2021-08-05 15:04 | Report Abuse

Yes result will be terrible , sell first

Posted by Hafid > 2021-08-05 15:39 | Report Abuse

buy below rm1.60

Posted by Jaycee89 > 2021-08-05 15:41 | Report Abuse

I waiting 1.50

Posted by Jaycee89 > 2021-08-05 16:01 | Report Abuse

Guys , sell first ,won’t regret!

Posted by Bgt 9963 > 2021-08-05 16:31 |

Post removed.Why?

Posted by Hafid > 2021-08-05 16:31 | Report Abuse

with the private placement a lot of share waiting for sell

Posted by Jaycee89 > 2021-08-05 16:38 | Report Abuse

Finally red , gogogo drop more !

Posted by Lee1971 > 2021-08-05 17:09 | Report Abuse

private placement 1.90.the share price definitely will go beyond 2

Posted by Ibelieve > 2021-08-05 19:40 | Report Abuse

One day we will see it at RM23, like Genetech