Posted by GreenMinerMSC > 2023-08-01 12:42 | Report Abuse

The results should be out on 8.8.23 , should be better than 1Q of 35 mil. Mining output has increased from their new landbank , the smelter is finally operating at full capacity with costs dropping about 30% due to economies of scale, Ringgit is down about 8% against the US$ in the last one year and tin is closing in on US$30k . With the continued tightness in the supply of tin , tin prices should trend higher. They should be able to do 45-50 million for the 2Q. But the best is yet to come as China's giant manufacturing sector , which gobbles 50% of world tin output,
recovers towards the end of this year on govt stimlative efforts. They can definitely do much better going forward. It might be helpful if MSC gets certified as an ESG compliant entity , which would attract the trillions of US$ in ESG funds to invest in the company. Then maybe their valuation , currently at 6X PER , can be closer to Press Metal Aluminium's which trades at a PER of 35X 2023 earnings !!

Posted by abc333 > 2023-08-01 12:56 | Report Abuse

Strong ESG integration in producing greener tin. MSC is well-placed to reap the positive
spillover effect of structural demand for environmentally-friendly commodities. MSC is
doubling its efforts to integrate ESG practices across its businesses, especially through the
new plant. The plant uses 1.26MWp solar PV panels and a waste heat recovery function that
will harness thermal energy from the furnace’s flue gas to generate power. The use of
natural gas and the new TSL furnace will help raise efficiency and reduce carbon emissions
by at least 1,000mt/year, which means MSC’s smelter will have one of the lowest carbon
footprints globally. Its RHT mine is the only tin mine in Malaysia that operates using two of its
own mini hydropower stations. These practices could result in MSC becoming the preferred
ESG investing target, besides benefitting from growing demand for eco-friendly tin products

Posted by abc333 > 2023-08-01 13:03 | Report Abuse

every usd 2000/mt changes will affect MSC earning by 10%/year.

Posted by abc333 > 2023-08-01 13:05 | Report Abuse

Hot money from Nasdaq is one the way to BURSA. just hold and enjoy the show

Posted by apalumaolagi > 2023-08-01 13:50 | Report Abuse

sudah confirmed. wa region tin mines semua tutup. esok news baru keluar.

Posted by KClow > 2023-08-01 14:30 | Report Abuse

😮

Posted by Ahahah > 2023-08-01 16:56 | Report Abuse

@apalumaolagi, May I know where do you get the news?

Posted by abc333 > 2023-08-01 18:45 | Report Abuse

Myanmar Wa region department , or The Ministry of Finance and the Bureau of Industry and Mining does not made any announcement yet. LME Tin price hover around 27800 awaiting news to find direction

Posted by StartOfTheBull > 2023-08-01 19:31 | Report Abuse

Chaos in Myanmar.
https://www.aljazeera.com/news/2023/8/1/myanmars-aung-san-suu-kyi-granted-clemency-reports

Posted by apalumaolagi > 2023-08-02 08:06 | Report Abuse

TINCommodity
27,558.50
-1,316.50-4.56%
07:51:00 AM

Posted by KClow > 2023-08-02 08:32 | Report Abuse

😮

Posted by StartOfTheBull > 2023-08-02 09:08 | Report Abuse

Despite Myanmar ban, tin price big dropped. Come back another day.

Posted by apalumaolagi > 2023-08-02 09:16 | Report Abuse

Both small mines and tailings have been shut down, and large mines have been shut down for a month to change investors and make improvements on mine.

Posted by apalumaolagi > 2023-08-02 09:17 | Report Abuse

takut ape. qr dah nak keluar, telur kasi besar sikit.

Posted by KClow > 2023-08-02 09:18 | Report Abuse

Tin follow usdollar index more ..follow dollar follow tin

Posted by KClow > 2023-08-02 09:19 | Report Abuse

Ok i all in bought at 2.33

Posted by KClow > 2023-08-02 09:30 | Report Abuse

I no takut i buy more all in..
I brave 😎⬆

Posted by apalumaolagi > 2023-08-02 09:37 | Report Abuse

MSC minimum 3 above.
after 3, see downstream demand how in Sept. Tin is like miracle mineral, almost all sector that related to energy transition need it.
macro economic is condusive, good for MSC

Posted by troy88 > 2023-08-02 09:52 | Report Abuse

Haha. As always tin prices and MSC behave like volatile animal..

Posted by abc333 > 2023-08-02 10:11 | Report Abuse

The high cash premium has drawn in metal at multiple LME warehouse locations.

Deliveries have been concentrated at Malaysia's Port Klang and Singapore, but tin has also been warranted in Rotterdam, Antwerp, the Italian ports of Genoa and Trieste, the Spanish port of Bilbao and the U.S.

guess who busy delivery physical tin in port klang and make huge profits?

Posted by KClow > 2023-08-02 10:16 | Report Abuse

Who??🤔

Posted by abc333 > 2023-08-02 12:17 | Report Abuse

CIMB willing to buy back CW at high premium . this CI expired date 30/8. this happen when MM afraid of limit up could take place before the expired date.

Posted by KClow > 2023-08-02 13:37 | Report Abuse

Us debt downgraded by fitch.
Us dollar will go down n cause tin to go up.
Lets see tonight us markets how

Posted by apalumaolagi > 2023-08-03 08:44 | Report Abuse

TINCommodity
27,225.00
-333.50-1.21%
08:15:00 AM

Posted by kebling98 > 2023-08-03 08:53 | Report Abuse

We have confirmation that Wa State mines were closed on August 1 as mandated. Some China smelters have stock so that should provide some immediate buffer," the ITA told Reuters.

"The suspension had been estimated by China sources to last for between one and three months, but more recent news suggests that may be too optimistic," the ITA said, without providing further details.

The bulk of tin mined in the self-declared Wa State, which borders China's Yunnan province, is usually supplied to Chinese smelters. China sources most of its tin needs ore from Myanmar, where the Wa region accounts for two thirds of production.

"While the reliance on the (Wa) region continues to fall, it is still about 75%, so it is going to be very hard for China to transition away from this key miner," said Daria Efanova at brokers Sucden Financial.

"If we see the ban implemented in quite a sharp manner into the fourth quarter, that's when we might see some tightness in the market because there will not be enough time for China to shift to other miners."

Posted by kebling98 > 2023-08-03 08:54 | Report Abuse

Latest:27,665
+247 (+0.90%)
Up loh

Posted by KClow > 2023-08-03 08:57 | Report Abuse

😀

Posted by KClow > 2023-08-03 08:58 | Report Abuse

Good ban tin export for life. Lol

Posted by kebling98 > 2023-08-03 08:58 | Report Abuse

Myanmar close tin mined loh
But no official news mah
Syndicates short sell loh
Killed all bulls than once news out kill all bear
Down first rocket up next loh

Posted by kebling98 > 2023-08-03 08:58 | Report Abuse

Latest:27,745
+327 (+1.19%)

Posted by KClow > 2023-08-03 09:12 | Report Abuse

Thanks for update kebling98

Posted by kebling98 > 2023-08-03 09:16 | Report Abuse

Latest:28,335
+917 (+3.34%)

Posted by abc333 > 2023-08-03 09:30 | Report Abuse

In a resolute move, the Wa State Government has firmly enforced the suspension of all mining activities, according to the “Wa Jing Zi No. 2023-06” notice issued by the Central Economic Commission on April 15 and the subsequent “Notice on the Implementation of ‘Suspension of All Mineral Resources Exploitation'” on May 20. Effective from August 1, 2023, all mines and processing plants, regardless of size, have ceased production. The majority of local workers have been temporarily dismissed, and ore transport vehicles are prohibited from operation to prevent any raw ore transportation. A working group will enforce the suspension with mine inspections.

Top leaders of Wa State convened to discuss the mining ban although no formal statement has yet been released.

Currently, it is reported that the Wa State government has approximately two million physical tons of mined raw ore stocks, with an estimated benefication potential of 5,000-6,000 metal tons of tin concentrate. However, due to the shutdown of the dressing plant, benefication and sales of concentrate products have been halted. Additionally, around 1,500 metal tons of tin ore are awaiting clearance at the Meng’a Port, potentially leading to a period of stagnation in exports after August 10.

The market’s previous expectations of one to three months for the suspension now seem overly optimistic, as the Wa State Government is clearly committed to policy enforcement. An expectation that processing of stockpiles could still go ahead appears to have been quashed by the ban on ore transport. Reopening of mines may also now take longer.

July exports from Wa State were significantly up as local traders cashed in inventories ahead of the ban. Until Wa State resumes normal production, China smelting raw material supply is expected to gradually decrease, making it challenging to return to the production levels experienced in the first half of this year.

Posted by kebling98 > 2023-08-03 09:54 | Report Abuse

Yes lah mcm ni
Msc boleh limit up loh!

Posted by kebling98 > 2023-08-03 09:55 | Report Abuse

Latest:28,360
+942 (+3.44%)

2 hours up USD 942 !

Posted by abc333 > 2023-08-03 10:07 | Report Abuse

Tin price will stay above 28000 for very long times. MSC profit will always break 140 m / year. EPS minimum 0.333.
P/E 10 = 3.33

Posted by troy88 > 2023-08-03 11:10 | Report Abuse

MSC should already be 2.4X to 2.5X even with tin prices hovering around 27000. Lousy operator main ding dong

Posted by KClow > 2023-08-03 11:10 | Report Abuse

Msc now way undervalued needs to go up to a more reasonable price and stablize..

Posted by abc333 > 2023-08-03 12:36 | Report Abuse

Myanmar banned already. How about Indonesia ?

Posted by apalumaolagi > 2023-08-03 15:50 | Report Abuse

qr result should be out today or tomorrow. any dip is any opportunity to buy. tin future player kala kabut sikit, tapi sini kita main MSC, selamat sikit.

Posted by hng33 > 2023-08-03 16:24 | Report Abuse

bought back msc at 2.27-2.29

Posted by KClow > 2023-08-03 18:10 | Report Abuse

BEIJING - Prices of tin rose on Thursday after the International Tin Association confirmed a ban on mining by Myanmar's ethnic minority Wa militia from Aug. 1.

Posted by KClow > 2023-08-03 18:49 | Report Abuse

Bought bak at rm 2.26

Posted by StartOfTheBull > 2023-08-03 19:34 | Report Abuse

Rebounded, unexpectedly. Wait at below 2.30 tomorrow, if possible. Friday usually a bearish day.

Posted by kebling98 > 2023-08-03 20:01 | Report Abuse

Benchmark three-month tin CMSN3 prices on the London Metal Exchange were up 2% on Thursday, while all other base metals were down.

See? Tin price the only metal up today loh
The Story is , Myanmar will suspend tin mining for more than 3 month loh

Physical tin surely tight in supply in future loh
Tin price will slowly goes up loh
Same to msc price loh
Year end 4/5.00 loh

More EV more solar more AI product = more tin demand loh
Sure win counter loh
No holding power kaki only sell lah

Posted by kebling98 > 2023-08-03 22:44 | Report Abuse

Afm
Tin stock
Now up 4% loh

Posted by kebling98 > 2023-08-04 08:33 | Report Abuse

Latest:28,240
+217 (+0.77%

Myanmar effect ,last night AFM up 8% loh

Posted by Ahahah > 2023-08-04 16:50 | Report Abuse

May I know what is AFM?

Posted by kebling98 > 2023-08-04 21:39 | Report Abuse

Alphamin loh
My cowboy friend favourite tin stock

Posted by kebling98 > 2023-08-04 21:43 | Report Abuse

Next Friday 2Q profit maybe just around 25-30m
But 3Q 45m no problem lah
Hold MSc until next year loh 3.5-5 no problem lah