Tin consumers likewise have learnt this lesson. Tin may not be their main cost factor to their products but it is critical. They would rather spend a bit more money keeping more stock in the storage just in case while the price low.
As said before, global tin production is merely worth US 15 billion a year in the market. IBs can goreng the price to the sky easily. If they pump in US 1.5 billion (32,700 tonnes) or 10% of the global output to keep in their storage. The storage area requires max 15,000 sqm.
In addition, new chips production facilities are available 24 months later. Tin consumption is expected to surge catering for electronics and EV batteries.
BUY WHAT MR MKT WANTS TO PLAY UP for potential gain of up to 1 bagger, n at times 2 baggers.
The greatest stocks in 1) Last cycle were : GENETEC, KOBAY, SAM + hongseng 2) This 1st cycle of 2022 would be : MSC, PMBTECH, ANCOM + EPMB ?, go small for low priced stock
this is a counter that you not need to worry. Always collect when the price drops. Says the next 2 quarters EPS is same as last quarter (in fact should be even higher), total EPF = 13.1 + (28.3 x 3) = 98 cent. Use PT Timah Indonesia as example (one of top 10 largest producer of Tin, Rank 2. MSC is ranked 3), its PE = 22.
If MSC PE = 8, Price = 7,84 PE = 10, Price = 9.80 PE = 15, Price = 14.70 PE = 20, Price = 19.60 And price now = 5.30
Do you believe it can be another PMBTECH? It's up to your confidence
Posted by james70 > 40 minutes ago | Report Abuse All in sustainable cost for Q4 is US$16.8k/t. --------------------- Dear James70, I wish to learn from you, how you get this US$16.8k/t ? Please enlighten me. Thank you.
Crude OIL WTI is rising so fast, up a crazy 10% now. It is closed to its ATH of usd147 a tong in 2008. Then g Soros shouted loudly that he shorted at $145 n downwards,,,
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....
treasurehunt
1,848 posts
Posted by treasurehunt > 2022-02-25 20:14 | Report Abuse
Tin consumers likewise have learnt this lesson. Tin may not be their main cost factor to their products but it is critical. They would rather spend a bit more money keeping more stock in the storage just in case while the price low.
As said before, global tin production is merely worth US 15 billion a year in the market. IBs can goreng the price to the sky easily. If they pump in US 1.5 billion (32,700 tonnes) or 10% of the global output to keep in their storage. The storage area requires max 15,000 sqm.
In addition, new chips production facilities are available 24 months later. Tin consumption is expected to surge catering for electronics and EV batteries.