Malaysia Smelting Corp an interesting opportunity
Malaysian smelting corp is a company which looks quite attractive and priced reasonably well.
The company has mass and scale and somewhat stable and profitable smelting tin business with significant barriers to entry. It also has a mining portion of the business which is not as profitable, even loss making, but while there is some risk, the reward is extremely high.
The cons of smelting is that it is not exactly as stable as say insurance, but it's not bad considering its tin mining operations.
Overall, if prices of tin go up this company will leverage massive profits. But of course we need to know when the prices will go up.
I'll have to go look further into this company but it is looking well priced as of this chart.
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