Yah , after this CPI , Many superrich ppl will transfer their money back from oversea. No more high interest no more USD advantages , RM will rise. They will change their USD to MYR and buy cheap klse stocks. State election is the last block for them.
Msc output in 2&3Q is 1.6 times higher than previous output loh So the effect of tin prices is 1.6time loh Tin price 28000 should consider as 400000 if compared to 2021 loh
Current USD 29,425 however still far below if compared to previous record USD 45,000. Many upside potential if both Myammar and indonesia, world top 1 and 3 exporters, respectively, both ban export tin
tin price is inversely correlation to USD index. Recovery of Tech increase tin demand. Myanmar ban tin export on August. Indonesia may ban tin export at any time. Msc will shut down Prai factory. Msc had increase mining output about 67%. Fair value for msc is 3.13 if Tin price 24650. Any surplus from 24650 is purely extra profits. Higher volume X higher ASP = ?
Tin, which is widely used in electrical connectors and touch screens, is also increasingly important to the green energy transition, including its potential use in lithium-ion batteries. Only 5% of tin mined in Indonesia, the world's largest exporter of the refined metal, is processed further in the country.
"In the case of tin, a restriction from Indonesia, in conjunction with the banning of mining in Myanmar's Wa region, is likely to lead to a surge in global tin prices,"
The Joko Widodo administration has so far been unyielding, insisting that Indonesia is well within its rights to add value to its minerals, specifically nickel, bauxite, copper and tin, to become a newly industrialized state.
Nickel exports were banned in January 2022 and bauxite shipments followed on June 10. Tin and copper bans are scheduled to come next. “We have to dare to take these steps,” Widodo, a fervent advocate of the value-added policy, said last year.
LIMA, July 12 (Reuters) - Peru extended a state of emergency for another 30 days along the country's main roadways, including a key mining corridor, as a new round of protests is expected to kick off next week, the country's prime minister said on Wednesday. Protests gripped Peru late last year after former President Pedro Castillo was ousted and detained when he illegally attempted to dissolve Congress. He remains jailed and his vice president, Dina Boluarte, has served as president since his removal. Subsequent protests included weeks of highway blockades that snarled important supply routes in the world's no. 2 copper producer. Prime Minister Alberto Otarola said on Wednesday that the state of emergency, which suspends certain rights, including the freedom of movement, will help keep roads open as Peru celebrates the independence holiday later this month. The state of emergency will apply in Peru's southern regions of Apurimac, Cusco and Arequipa, which are home to a southern mining corridor that will be placed under the control of the army and police.
Various left-wing groups and unions in Peru have announced new protests starting on July 19. The organizers of the new protests say they expect thousands of people will be mobilized in the capital and around the southern area, where the country's largest mines are located. - Reuters - 15 July 2023
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....
kebling98
317 posts
Posted by kebling98 > 2023-07-12 14:31 | Report Abuse
Wait tonight cpi
If 3.1 or below
All stocks fly loh