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发表于 3-2-2011 11:52 AM
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IT has been a major struggle for tin to regain its ground after experiencing a sharp fall in prices in mid-1980s which was intensified by the collapse of the International Tin Agreement due to the International Tin Council debt crisis.
After more than two decades, tin is making a strong comeback in terms of pricing as well as in the new applications especially with the growing lead-free awareness campaign among world food packaging companies.
The commodity is also experiencing a tight supply situation given the availability of very few new tin mines globally. As of October last year, the world commercial refined tin stockpile has dropped to 32,266 tonnes from 47,561 tonnes in 2009.
Major price catalyst for tin this year is expected to come from continued strong demand from the automotive and construction sectors in China and India.
At current record price of US$29,200 per tonne compared with US$4,338 to US$4,483 per tonne in 2001, tin has captured the interest of many Malaysians and foreign mining companies.
Malaysian Chamber of Mines executive director Muhammad Nor Muhammad tells StarBizWeek there will be major changes in the domestic tin industry this year as the Perak state government has issued exploration licences, prospecting permits, tin mining leases and renewals.
“This is a positive move and we hope other mineral-rich states like Selangor, Pahang as well as Sabah and Sarawak will undertake similar moves.”
While the famous Kinta Valley in Perak may no longer have plenty of tin deposits left, new areas are being explored like Pengkalan Ulu in Grik for the mineral.
Ho Wah Genting Bhd, via its subsidiary HWG Mining Sdn Bhd, is expected to commence its tin ore mining in Pengkalan Ulu after the Chinese New Year next month, says Muhammad. The company is expected to produce some 2,000 tonnes of tin ore a year.
However, MSC-owned Rahman Hydraulic Tin Sdn Bhd which secured its tin mining concession in Grik from the Perak state government in 2007 for 10 years, will be still be the largest tin producer in the country with a capacity of over 2,000 tonnes annually - two-thirds of the country's production.
“It would be good if the Selangor state were to consider reopening tin mining areas in Dengkil and Batang Berjuntai,” Muhammad says.
The major users of tin include those in solder, tinplate and pewter sectors.
According to the Department of Minerals and Geoscience, Malaysia has 31 tin mines in operation producing a total of 2,410 tonnes as at end-2009. Apart from tin mining, Muhammad Nor says that there are plenty of mining opportunities in Pahang, Malacca and Negri Sembilan which have pockets of iron ore deposits.
While Sabah and Sarawak may not have tin deposits, the states are believed to be rich in copper, gold and coal. Ho Wah Genting managing director William Teo says he is aiming for a compounded annual growth of 20% from the company's tin ore mining division for the next three years.
Its subsidiary HWG Tin Mining was awarded with a 10-year mining lease in 2008 to mine tin and other minerals on 202ha.
According to Teo, the group's revenue, which is mainly from its wire and cable business, will soon be derived from tin ore mining in financial year ending Dec 31, 2011.
The company expects a higher profit margin from tin ore mining as the cost to extract one tonne of tin ore was about US$7000 compared with the current tin price of about US$29,000 a tonne. |
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发表于 3-2-2011 11:53 AM
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HWGB said the prod of tin mine is 1,200 tons
Cost is about US$7,000 EACH TON (per HWGB)
Mkt price say for this year around US$30,000/TON
Make profit of US$23,000/TON X 1,200 tons=US$27.6M
OR about RM83M (USD:RM of RM3)
take the no of shares in mkt now 460M, EPS is shld around 0.18 cents.
mkt price 0.725 cents , PE is 0.725/18 cents = 4.02 !
Assuming a conservative PE of 10, mkt price shld be 10/4.02 x 0.725 cents = RM1.80 ! |
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发表于 3-2-2011 11:56 AM
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发表于 4-2-2011 10:28 AM
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Very good analyse...thanks you....
hwgb rm0.905 ....it has 100% upside to target price rm1.80....
so, i will buy in another 50,000 share on monday... |
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发表于 4-2-2011 11:19 AM
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好消息陆续出现投机leg要多加小心。（很多也翻旧的好消息出来了） |
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发表于 4-2-2011 05:24 PM
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本帖最后由 wkimchuan 于 4-2-2011 05:51 PM 编辑
锡价在今年二月三号又创新高，来到 美金30,500 一吨了。（ 之前是美金29,200 ）
http://www.infomine.com/chartsanddata/chartbuilder.aspx?z=f&g=127674&dr=1m |
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发表于 4-2-2011 07:24 PM
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哇！！！！！！Monday。。。。又要炸了。。。。
请怕股价太高的人。。。MONDAY。。。。让让我。。。。
我一早。。。排。。。进货。。。。 |
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发表于 4-2-2011 08:56 PM
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回复 114# pang72
我是0.505 買進的, 現已炒到0.905, 在最近趋勢拜一要過1.00 應該有可能, 誰有個目標價嗎? 幾時要賣? |
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发表于 5-2-2011 08:06 AM
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哇！！！！！！Monday。。。。又要炸了。。。。
请怕股价太高的人。。。MONDAY。。。。让让我。。。。 ...
pang72 发表于 4-2-2011 07:24 PM 
我从20sen 开始跟。我的看法是 - 拜一开高走低 - 然后暴跌  |
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发表于 6-2-2011 09:45 AM
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发表于 7-2-2011 10:20 AM
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本帖最后由 there7888 于 7-2-2011 10:23 AM 编辑
早上的鸟儿吃到hwgb的鸟现在很爽料。
已经开始不断daylow料。
头一个钟就已经做了500,000lot ，已经破它的记录了。 |
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发表于 7-2-2011 10:50 AM
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依我看这个价码已经是很过分了 现在开始落了 |
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发表于 7-2-2011 11:28 AM
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HWGB应该大家都赚大钱吧？哈哈。。
我卖完了...
等他冲到RM1.1再追他！ |
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发表于 8-2-2011 09:38 AM
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HWGB应该大家都赚大钱吧？哈哈。。
我卖完了...
等他冲到RM1.1再追他！
可憐仔 发表于 7-2-2011 11:28 AM 
等0.30再追吧！ |
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发表于 8-2-2011 06:20 PM
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发表于 8-2-2011 06:35 PM
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0.30的时候才抢。 
是不是你有contra game的票在手？希望有人帮你推高？ |
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发表于 8-2-2011 06:42 PM
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之前听到能上到1.0的说  |
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发表于 8-2-2011 06:45 PM
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之前听到能上到1.0的说
留定坚 发表于 8-2-2011 06:42 PM
你的这么少罢了？
1.50
1.70
1.80
我都有听说到 |
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发表于 8-2-2011 06:51 PM
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本来盼望到1.0再放掉的，现在又要等了。。。。哎 |
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发表于 8-2-2011 06:59 PM
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本帖最后由 there7888 于 8-2-2011 08:07 PM 编辑
回复 5# 留定坚
hwgb昨天最高是1.00，已经到了你要的价了。 |
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