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Next QR shld be just another explosive one. Apex Research “buy” call on the stock with a TP of RM3.06.
PublicInvest raised MSC’s FY2026-FY2028 earnings forecasts by an average of 15.9% and increased the group’s TP to RM3.10 from RM2.60, citing persistent global tin supply deficits and resilient demand from semiconductors, AI hardware and data-centre infrastructure.
Price Tin futures in the UK fell to $52,300 per tonne from the record high of $59,000 on June 2nd, tracking other base metals as a stronger dollar and higher interest rates momentarily offset the impact of tight supply and soaring AI demand.
