MSC    Last:0.685   -

MSC- watch this tin gem

LME Tin prices

 

Let it continue the rally tomorrow 
this 2 days have been good
wait for Malaysia to go beyond 2.70 ringgit soon
 

 

Highest Price in Bursa Msia = RM2.45 (S$0.7915)  ,  S$/RM=3.0952

Current Price RM2.41 (S$0.7786)    SGX Price = S$75
 

MBULLISH      ( Date: 22-Apr-2021 14:31) Posted: Malaysia 82  singapore 75 Singapore lagging 7 cent  more to come.  cheers 🍻

 

https://www.theedgemarkets.com/article/mineral-industry-contribute-rm29b-gdp-2030-says-muhyiddin?type=malaysia

hot from the pot 

Malaysia miners 
like MSC southern Alliance and Fortress will be booming with Malaysia Govt supporting minerals business 

these 3 stocks must have in portfolios 

cheers 

 

 

Wow , MSC finally wake up . Sleeping dragon has become " Fire Dragon " now . MSC Chiong ah ... wish can see 80cent soon . Hooray !!! 

7ocean      ( Date: 22-Apr-2021 14:40) Posted: Lai Lai still Cheap MBULLISH      ( Date: 22-Apr-2021 14:31) Posted: Malaysia 82  singapore 75 Singapore lagging 7 cent  more to come.  cheers 🍻

 

Lai Lai still Cheap

MBULLISH      ( Date: 22-Apr-2021 14:31) Posted: Malaysia 82  singapore 75 Singapore lagging 7 cent  more to come.  cheers 🍻

 

Malaysia 82 
singapore 75
Singapore lagging 7 cent 
more to come. 
cheers 🍻  

 

Malaysia side going for 3 ringgit breakout 
Let' s just enjoy the dual listing arbitraging effect 
singapore side will naturally follow 
Malaysia 81.3 cent now 
singapore 74 cent 
no logic 
lagging 7.3 cent
Market will naturalise itself to catchup 
singapore should be 81 cent by now.
MSC will report fantastic results like southern Alliance and Fortress
on 22 June. 
we have exactly 2 months to depend on the Malaysia BBs to bring up the share price 
for those who already invested, hold tight tight for the June results 

 

7ocean      ( Date: 22-Apr-2021 12:08) Posted: Malaysia MSC running fast MBULLISH      ( Date: 22-Apr-2021 12:05) Posted: Malaysia 245 ringgit now 82 cent  singapore 74 cent  lagging 8 cent  chasing up after lunch.  looks like end April should be $1 above 3 ringgit commodities Super Cheong

 

Malaysia MSC running fast

MBULLISH      ( Date: 22-Apr-2021 12:05) Posted: Malaysia 245 ringgit now 82 cent  singapore 74 cent  lagging 8 cent  chasing up after lunch.  looks like end April should be $1 above 3 ringgit commodities Super Cheong

 

Malaysia 245 ringgit now
82 cent 
singapore 74 cent 
lagging 8 cent 
chasing up after lunch. 
looks like end April should be $1 above 3 ringgit
commodities Super Cheong 
 

 

Malaysia 80
singapore 74
lagging 6 cent 

cheong ah 
Waiting for $1 soon 

7ocean      ( Date: 22-Apr-2021 11:35) Posted: KLSE.. SMC 2.40 Rm MBULLISH      ( Date: 22-Apr-2021 10:59) Posted: Malaysia 78( 234 ringgit ) singapore 72 lagging 6cent Tin shooting through the roof MSC 3 ringgit on the way which is $1 singapore  big Cheong Huat  target June 5 ringgit $1.70 sgd keep in portfolio  straits trading laughing all the way

 

KLSE.. SMC 2.40 Rm

MBULLISH      ( Date: 22-Apr-2021 10:59) Posted: Malaysia 78( 234 ringgit ) singapore 72 lagging 6cent Tin shooting through the roof MSC 3 ringgit on the way which is $1 singapore  big Cheong Huat  target June 5 ringgit $1.70 sgd keep in portfolio  straits trading laughing all the way

 

Malaysia 78( 234 ringgit )
singapore 72
lagging 6cent
Tin shooting through the roof
MSC 3 ringgit on the way which is $1 singapore 
big Cheong Huat 
target June 5 ringgit $1.70 sgd
keep in portfolio 
straits trading laughing all the way 

 

Malaysia going up now. 78 cent Malaysia now
singapore 71.5 cent 
lagging 6.5 cent 
$1 soon. 
Commodities bull run 
 

 

LME Tin pricesTinTIN DATE VALUE
LME Official Cash Ask ($/MT) 21 Apr $28,275.00
LME Official 3M Ask ($/MT) 21 Apr $26,917.00

 

Europe opened 

Tin Futures - (TINc1)    RT-Derived
27,060.00

+255.00    +0.95%

wooohoooo
 

 

Malaysia  Smelting Corporation, the world&rsquo s third-largest  refined tin  producer, is having issues at its Butterworth  smelter.

The Butterworth smelter has five reverberatory furnaces, with annual capacity of some 25,000 tonnes.  FastMarkets has reported  that two of the furnaces at the Penang-based smelter have failed. A further furnace is currently undergoing re-bricking. The company claims that the downtime is due to &ldquo natural wear and tear&rdquo of the aging furnaces, and that they will be operational again in a few days.

The Penang-based Butterworth smelter has been in operation since 1902. However, MSC has been working to replace the facility with a more modern smelter since 2016. The company plans to move to Pulau Indah, Port Klang later this year. There has reportedly been little investment into Butterworth due to the impending move.

In communication with ITA, MSC chief executive officer Dato&rsquo Dr Patrick Yong explained that the different furnaces will come back online over the next month. &ldquo One of them will be up and running today and another in 1 week&rdquo he said. &ldquo The third is expected to be on line in a month or so.&rdquo

&ldquo We are ramping up  tin  production at our new Pulau Indah smelting plant using the more efficient Top Submerged Lance furnace as we continue to deliver shipments,&rdquo Dr Yong said in a statement to FastMarkets. According to sources at MSC, the company completed commissioning of the new smelter in November 2020. However, the new plant is not yet running at full capacity. The company is still waiting for a crucial component which has been delayed by COVID. Once installed, the switch to the Port Klang facility will be imminent.

Our view:  In 2020, MSC produced some 22,400 tonnes of refined tin. The furnace issues at Butterworth are expected to delay some 500 tonnes of refined tin production. However, Dr Yong expects the combination of the Butterworth and Port Klang smelters to be more than sufficient to recoup the lost production. &ldquo Together with the five furnaces at [Butterworth], we should be catching up with the hiccups caused by the Covid and breakdowns. We are grateful to have very understanding customers who have been bearing up with the situation.&rdquo

 

Singapore float is only 12 mil shares 
Malaysia 388 mil shares 
that' s why Malaysia call the shots
When Malaysia run up, singapore will follow. Vice versa 
that' s why don' t expect huge volume here.
typical small volume
not for contra 
purely for accumulation to keep as part of core portfolio 

7ocean      ( Date: 21-Apr-2021 09:22) Posted: Too think trading MBULLISH      ( Date: 21-Apr-2021 09:16) Posted: Opened 77 in Malaysia  singapore 71.5 lagging  time to catch up

 

Too think trading

MBULLISH      ( Date: 21-Apr-2021 09:16) Posted: Opened 77 in Malaysia  singapore 71.5 lagging  time to catch up

 

Opened 77 in Malaysia 
singapore 71.5
lagging 
time to catch up