Posted by abc333 > 2023-08-06 14:33 | Report Abuse

Exempted from the country's ban on raw mineral exports, Freeport Indonesia was granted an export license on July 24 for 1.7 million metric tons of copper concentrate, the company said in a US SEC filing on Thursday.

Indonesia in June banned outbound shipments of raw minerals to attract investment into its metals processing industry and boost revenue, but said it would allow several companies including Freeport to continue exporting until mid-2024 to give them time to finish building smelters.

But the government imposed new duties on products shipped by these companies, which Freeport Indonesia might contest, according to the filing.


It said that under Freeport Indonesia's 2018 special mining license, no duties are required after its smelter is at least half-complete.

A finance ministry regulation issued last month stated that exports of copper concentrate would continue to incur duties at 5% to 10% rates, even if companies' smelter construction was beyond 50%. - Reuters

Posted by abc333 > 2023-08-06 14:37 | Report Abuse

Myanmar and Indonesia keen to protect non-renewable resources. minimize the wasting and maximize the profits.

Posted by apalumaolagi > 2023-08-07 10:35 | Report Abuse

boss tak kasi fly lagi

Posted by abc333 > 2023-08-07 11:20 | Report Abuse

豫光金铅 8.01 10.03%
电工合金 11.22 3.03%
盛达资源 13.84 2.44%
金徽股份 14.40 1.77%
光智科技 21.15 1.68%
华钰矿业 9.76 1.56%
福达合金 16.43 1.36%
白银有色 3.03 1.34%
悦安新材 44.57 1.32%
中色股份 5.17 0.98%

Posted by abc333 > 2023-08-07 11:21 | Report Abuse

china tin stocks all up this morning.

Posted by abc333 > 2023-08-07 11:30 | Report Abuse

physical tin supply shortage will be hot issue once Myanmar fully stop delivery tin.

Posted by bullrun2025 > 2023-08-07 19:21 | Report Abuse

Where can see the tin price?

Posted by abc333 > 2023-08-07 19:21 | Report Abuse

缅矿初始严控 锡价扎稳根基
供应端，云锡7月中旬减产影响当月锡锭产出，SMM认为上月国内锡产出11395吨，预计8月进一步减至9360吨。常规检修外，市场积极评估缅矿扰动，目前矿洞生产、选矿、物流都已停工，口岸部分精矿还在清关，普遍认为7月缅矿进口可能提升到2.5万实物吨，折合约5000金属吨，8月下旬缅矿供应相对停滞。佤邦此次限矿初步政策执行的力度很大，但仍缺少管制目标、复产达标、督导持续性的准确消息，具体信息仍很模糊。若本次禁矿持续2—3个月，将影响四季度国内锡炼厂生产，下半年国内锡锭月均产量将明显低于上半年。当前受缅矿扰动负面区间预期值较宽，预计影响4000—8000金属吨供应。

Posted by kebling98 > 2023-08-07 23:16 | Report Abuse

Tin price susah turun skr
Later lah Market realise MSC banyak untung loh
Tin price guarantee MSc made 150 millions every year loh
At least 150 millions loh because in future tin price will only move upwards loh

Posted by kebling98 > 2023-08-07 23:29 | Report Abuse

Inventory is high because they stake in as preparation for Myanmar ban loh
But the inventory cannot last long lah
Myanmar stop the mining’s activities for 3 months loh at least
No more supply from Myanmar to China loh
Next week China need to buy tin form Indonesia and Malaysia loh
Indonesia imposed higher duty on tin loh
So msc good business loh

Posted by Rocket888 > 2023-08-08 09:20 | Report Abuse

Tin Futures Price - Investing.com
https://www.investing.com/commodities/tin

Posted by apalumaolagi > 2023-08-08 12:25 | Report Abuse

nampak selling volume increase, morning and noon.

Posted by Ahahah > 2023-08-08 16:31 | Report Abuse

What happen today? Keep on dropping.

Posted by bullrun2025 > 2023-08-08 16:37 | Report Abuse

How guys, buy now or wait lower

Posted by troy88 > 2023-08-08 16:46 | Report Abuse

No strength. Doing it's usual ding dong thing..

Posted by apalumaolagi > 2023-08-08 17:03 | Report Abuse

tunggu qr result keluar dulu.
mungkin ada chance beli murah.

Posted by 東风 > 2023-08-08 17:11 | Report Abuse

Result out

Posted by bullrun2025 > 2023-08-08 17:14 | Report Abuse

Result down, no wonder so many seller

Posted by KClow > 2023-08-08 17:15 | Report Abuse

Good qr

Posted by Eric Lim > 2023-08-08 17:25 | Report Abuse

gg.com

Posted by bullrun2025 > 2023-08-08 17:27 | Report Abuse

Good or GG?

Posted by apalumaolagi > 2023-08-08 17:34 | Report Abuse

sell. lari lari.
come bck again in 2mth.

Posted by KClow > 2023-08-08 17:38 |

Post removed.Why?

Posted by apalumaolagi > 2023-08-08 17:40 | Report Abuse

aiya, dont scare ppl, how to buy cheap.
lari lari, sell sell. tin. tin.

Posted by KClow > 2023-08-08 17:49 | Report Abuse

Lol

Posted by bullrun2025 > 2023-08-08 17:50 | Report Abuse

@kclow, I am newbie here, can u advise abit this qr

Posted by KClow > 2023-08-08 17:52 | Report Abuse

Long story la bro.
I cant sorry.

Posted by bullrun2025 > 2023-08-08 17:55 | Report Abuse

Good or GG only, very worry

Posted by apalumaolagi > 2023-08-08 17:59 | Report Abuse

must have big heart, for the next few day, then grab from bottom. macro environment masih ada. worst case tunggu Q3, bounce balik strong.

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

kebling98

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

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

kebling you are right. what next?

Posted by abc333 > 2023-08-08 18:53 | Report Abuse

KClow

Lol.jokers la u.
Profit down tin.down.compared to then.
So next qr will be 1000%increase in profits..lol..how.

KClow , 1000 % increase is for sure . 2023 EPS should be around 0.32-0.34
35+28+40+40 = 143 m , based on current environment. 143 m is not difficult as Tin price surely higher than 1st half.

Posted by bullrun2025 > 2023-08-08 18:59 | Report Abuse

Share price 6 month ahead, so tomorrow hoot9E

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

bull run 2025,
first u need to calm down.
this Q2 didnt make any losses, just make less compare to Q2 last year, well due to recovery tin price this year.
2nd, u can either cut loss to buy at lower or top up when its discount, its all depend on your investment style.
3rd, is there a better stock counter that can generate 50%-100% gain in 3-6mth.
4th, macro environment ok, 2nd semi conductor recovery, solar pv already on recovery mode, takut ape.
5th, u bukan tauke Klow, dia beli kat bottom tu, but making money on not, depend on your mentality and holding power.

Posted by abc333 > 2023-08-08 19:04 | Report Abuse

FYI Average Tin price in Q2 is USD 25700 (RM 116500). While Q3 up to date is USD 28340 (RM 130000 )
2022 VS 2023
Q1 USD 43104 PAT 64 m
Q1 USD 25460 PAT 35 m

Q2 USD 35705 PAT 39 m
Q2 USD 25700 PAT 28 m

Q3 USD 23425 (Production down) PAT -31 m
Q3 USD 28340 * PAT ??

Q4 USD 21512 PAT 25 m
Q4 ??

2022PAT 87M
2023PAT 35 + 28 + Q3 + Q4 = ??

Posted by abc333 > 2023-08-08 19:45 | Report Abuse

The tin smelting segment recorded a profit before tax of RM21.6 million in 2Q 2023 as compared
with RM33.2 million in 1Q 2023. This was mainly due to lower sales quantity of refined tin in 2Q 2023
as a result of the planned annual shutdown and maintenance of the TSL furnace at Pulau Indah that
commenced beginning of June 2023.

The tin mining segment recorded a profit before tax of RM23.2 million in 2Q 2023 as compared with
RM23.7 million in 1Q 2023. This was mainly due to lower quantity of tin production in 2Q 2023
because of inclement weather, the Ramadan period and its extended Raya holidays. (special holiday really hurt mining)

2022 Q1 /Q2 was affected by covid, otherwise PAT will be much higher.
Looking Forward , Q3 &Q4 >> assume smooth production , higher tin price means higher profit.
1st half PAT already 63 m , 2nd half 80 m is reasonable . EPS 0.32-0.34 , share price should be ??

Posted by bullrun2025 > 2023-08-08 19:55 | Report Abuse

Why Q3 2022 suffered lost 33 mil

Posted by abc333 > 2023-08-08 20:40 | Report Abuse

bullrun2025

Why Q3 2022 suffered lost 33 mil

2022 Q3 lost is due to unexpected furnace outage at Pulau Indah plant and furnace re-bricking costs.
They have taken preventive action to ensure no more similar disruption in future

Posted by bullrun2025 > 2023-08-08 20:42 | Report Abuse

Thank You abc333

Posted by Zhuge_Liang > 2023-08-08 20:48 | Report Abuse

Posted by abc333 > 1 hour ago | Report Abuse

The tin smelting segment recorded a profit before tax of RM21.6 million in 2Q 2023 as compared
with RM33.2 million in 1Q 2023. This was mainly due to lower sales quantity of refined tin in 2Q 2023
as a result of the planned annual shutdown and maintenance of the TSL furnace at Pulau Indah that
commenced beginning of June 2023.

The tin mining segment recorded a profit before tax of RM23.2 million in 2Q 2023 as compared with
RM23.7 million in 1Q 2023. This was mainly due to lower quantity of tin production in 2Q 2023
because of inclement weather, the Ramadan period and its extended Raya holidays. (special holiday really hurt mining)

2022 Q1 /Q2 was affected by covid, otherwise PAT will be much higher.
Looking Forward , Q3 &Q4 >> assume smooth production , higher tin price means higher profit.
1st half PAT already 63 m , 2nd half 80 m is reasonable . EPS 0.32-0.34 , share price should be ??
-----------------
You are very good and professional.
I also agreed with your projected EPS at 0.32.
Good work done.

Posted by hng33 > 2023-08-08 21:26 | Report Abuse

Increase cash to RM 210m
Decrease borrowing to RM 305m

In less than 1 year forward, MSC will turn into NET CASH position

Posted by StartOfTheBull > 2023-08-08 21:37 | Report Abuse

@abc333
Thank you for your hard work and sharing.
MSC is worth to hold for long term.

Posted by hng33 > 2023-08-08 21:39 | Report Abuse

Current Q3 average selling price is 10% higher than Q1 and Q2. These increment 10% selling price will give 10% increase revenue, and these 10% revenue is pure profit, resulting gross profit margin expansion from 15% to 25%

Posted by bullrun2025 > 2023-08-08 21:47 | Report Abuse

@hng33, u forget to include trade payable around 90 mil++

Posted by hng33 > 2023-08-08 22:18 | Report Abuse

If you wan to court trade payable in balance sheet, you must also include much larger trade receivable, trade prepayment and big chuck of inventories.

Posted by hng33 > 2023-08-08 22:21 | Report Abuse

MSC should trade at least half if no in par with press metal valuation. MSC current valaution < 7x is too far low if compared to pmetal

Posted by hng33 > 2023-08-08 22:22 | Report Abuse

MSC mining activities use its own 5MW hydropower + MSC smelting plant use solar power, both comply green energy metal

Posted by abc333 > 2023-08-08 22:24 | Report Abuse

Mining revenues is directly proportional to tin price , Q3 we may anticipated PBT 29 m++ from the mining segment.
For the smelting segment. Q2 is really affected by the planned annual shutdown and maintenance.(Q1 33.2 m , Q2 21.6m) Q3 should see at least PBT 35 m from the smelting segment. ** assume average tin price in Q3 is about USD 27800.

Posted by kebling98 > 2023-08-08 22:50 | Report Abuse

Latest:27,325
-431 (-1.55%)

Today drop because of tin price fall lah

Haiyoh
28m is median of my sifu prediction loh
Because of the maintenance mah, smelting segment contributes only 2/3 of the normal sales loh
Otherwsie this Q also 35 million lah

Tak tahu why people not happening with the results. Know tin price,know June got maintenance, 28 millions is right things loh
3Q 45 millions also rights thing loh
MSc pumps production in July blah
estimated. July already contributes Pat 17 million loh
1 Myanmar ban 3 months
2 high demand in future loh
3 in future tin price above 28000 30000 became normal loh
4 in future msc profit above 40 million also became normal
5 because people used to the price at 1.9 loh so they like to take profits at 2.2+ loh
6 eps above 0.35 should price 3.50 lah at least. This is ytlpower 2.0 lah
Some point my sifu won’t let us share lah
Just buy on dip and hold loh. Contra player don’t read my tweet loh.
If marker wise enough lah tomorrow should up 20% loh
But I guess klse full with contra kaki, know nothing about investing loh
So tomorrow mayb down to 2.2 loh

Posted by kebling98 > 2023-08-08 22:58 | Report Abuse

2022PAT 87M
I guess lah
2023PAT 35 + 28 + Q3 45 + Q4 45 = 163 millions
according to analysts on tin price until 2030 lah yah you can buy from some analysts yah this one I cant share lah
Use their prediction lah
Msc pat from 2024 onwars should never below 160 m loh
Just my guessing yah