MALAYSIA SMELTING CORPORATION
KLSE (MYR): MSC (5916)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.26
Today's Change
+0.04 (1.80%)
Day's Change
2.23 - 2.27
Trading Volume
236,800
Overview
Market Cap
949 Million
NOSH
420 Million
Avg Volume (4 weeks)
290,815
4 Weeks Range
2.20 - 2.46
4 Weeks Price Volatility (%)
23.08%
52 Weeks Range
1.95 - 3.47
52 Weeks Price Volatility (%)
20.39%
Previous Close
2.22
Open
2.25
Bid
2.26 x 500
Ask
2.27 x 86,000
Day's Range
2.23 - 2.27
Trading Volume
236,800
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2024 [#2] | 02-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 17-Nov-2024
T4Q P/E | EY
16.91 | 5.92%
T4Q DY | Payout %
3.13% | 52.89%
T4Q NAPS | P/NAPS
1.82 | 1.24
T4Q NP Margin | ROE
4.39% | 7.35%
News and Blogs
Related videos
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: METALS
Subsector: METALS
Description:
Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.
Discussions
8 people like this. Showing 50 of 4,953 comments
Smelting of intermediates going on. There was a deduction of 12 mil in 2Q results under Eliminations/Adjustments which will be added back in 3Q.
2024-08-16 09:55
seems like tin price is slowly climbing back to 35k, MSC should have better q ahead since done rebricking earlier
2024-08-16 10:23
Profit for 3Q2023 was only 12 mil. This is a low hanging fruit for MSC to gobble up !! 4Q2023 profit was even lower at 9 mil , so the next 6 months should see some sustained buying interest as these numbers will be easily overcome with better results hopefully at several multiples times the 3Q and 4Q 2023 numbers.
2 months ago
It was from mid May to I think mid July. They acquired 2 rotary furnaces to take over the smelting of intermediates when the main furnace was undergoing rebricking. The problem is that one of the 2 also broke down , hence the lower amount of smelted products. They have now acquired a 3rd Rotary furnace as a back up to the backup. Hopefully, in future the Rotary furnaces can seamlessly continue the smelting work when the main furnace is under maintenance. I think they are also trying to reduce the time taken to rebrick by sourcing for new materials. This should address the once a year rebricking issue.
2 months ago
Thanks greenminer. Look like the state of the art furnace not efficient. Down time 3 months, quite difficult to make good profit for smelting division.
2 months ago
CEO Datuk Yong's recent purchases clearly signal strong prospects ahead for MSC , starting with a resurging 3Q2024.
2 months ago
MSC ($2.40) - Announces an interim dividend of 7 sen. Ex on 9.10.24.
The interim dividend of 7.0 sen per share translates to a dividend payout of
RM29.4 million. This is 84% of the company's 1st Half24 earnings !! This is really telling us something. Very very few companies would pay out almost all their earnings as dividends UNLESS they are confident that going forward the earnings are going to be strong. In a silent way, they have telegraphed that they are confident that 2H24 earnings are finally going to be significantly better that 1H24 which was only $35 mil.
1 month ago
Today gone Ex for 7 sen dividend but stock has dropped much more than that🙄. Now doing 2.45 down 20 sen !! Low was 2.35 down 30 sen !!🙁
1 month ago
GreenminerMSC
The stock has been dropping after the ex dividend date.
Do you still believe it’s a good stock?
3 weeks ago
Somebody has been selling it down everyday . The dividend was 7 sen but it has fallen 40 sen from ex date on 9th Oct, with 30 sen of the drop coming on the 9th itself. Not sure what the reasons are but the share price could be tracking Tin which has recently dropped from 34k to 31k . The 3Q 24 results are round the corner , probably around the 9th of Nov. 3Q 24 should be better than 3Q 23 ($9 mil) and 2Q 24 ($17 mil ).
3 weeks ago
I regret to have bought this stock after having read your recommendation notes
3 weeks ago
Last year , MSC reported on Friday 17th Nov 23. This year probably on Friday 15th Nov 24
2 weeks ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-15 12:10:00
TURTLE SYSTEM 20
10 Mins
SELL
2024-11-15 12:10:00
TURTLE SYSTEM 55
10 Mins
SELL
2024-11-15 12:10:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-15 12:10:00
TURTLE SYSTEM 55
5 Mins
SELL
2024-11-15 12:05:00
TURTLE SYSTEM 20
5 Mins
BUY
Apps
Top Articles
1
3
save malaysia!
4
5
BFM Podcast
6
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
abc333
civil war in myanmar and congo turn worst, tin price might sky rocket like 2022
2024-08-16 09:15