Australian (ASX) Stock Market Forum

MSM - MSM Corporation International

Re: MSC - Minerals Corporation

I wasn't sure these guys were ever going to sell anything.

I got some yesterday too. I wonder what they will be worth in another 4 years?

It might just take that long to churn through the .001c traders.
:)

This guy, who apparently holds 35 million shares, wrote this this morning.

He aslso predicted yesterdays announcement.


hmmmmmmmmmmmm......


Listen guys, if Vic is away o/s then he is probably signing up a J/V with the huge firm in Taiwan who are very keen on the Kaocem. They are the largest in that field in Taiwan. They are very keen and a bulk sample was sent off 2 weeks ago to them. I'd say they are ready to sign up to a J/V now. This will be huge so watch for announcements in the next week about this. This is an educated guess. GREAT TIMES AHEAD.
 
Re: MSC - Minerals Corporation

As an amateur I'm not sure if its the right thing to do but... got in at $0.005, then got out at $0.006 next day, and left my profit as msc shares.
 
Re: MSC - Minerals Corporation

Ive been with these for about 4yrs, $150K from10c all the way down! Bought in on a Fat Prophet recommendation, but as well as this, MSC has been issuing statements saying that they are on the verge of the big one etc etc! In fact one from the chairman who is also ex mayor of Sydney, wrote that they were finally on the home straight! Well that was about 3 yrs ago and the price keeps going down, and the upbeat statements keep comming out! Even now they are reporting that they are on the verge of a big one. Heard all this before.
Hope its true though cause about time I made something back on this pig!!
 
Re: MSC - Minerals Corporation

looks like these guys have finally (hopefully) got it together.

Just signed a 10 million dollar order (that could feasibly triple) to supply green cement to add to the smaller agreements signed last month.

Plenty of script on issue but that will be addressed in due time.

Good product with plenty of applications.
 
Re: MSC - Minerals Corporation

Vic rights issue ramp newsletter just out today....

usual timing, and full of promises too.



pity he never delivers a thing

but I did notice that in the worst year ever for MSC, and that is saying something...

Vic managed to pull in nearly a mill for the season.

with a whooping $531k incentive bonus!!!

and another 20% base increase







garbage stock
 
Re: MSC - Minerals Corporation

Hmm he only seems to have gotten this much this year... last year not so much... Either its because he got so many sales orders happening or because he's taking as much as possible before the ship sinks.

Have they been getting sales orders before this year and haven't them not showing up?? Seems like they got another one... This time in north america...
The company expects sales to this customer to start and
build up during 2010 to about US$30 Million Joint Venture annual revenues.

How many of these do you think they'll need before minerals corp will become cash flow positive??

Ignoring impairment charges and IPO costs, expenses for raw materials, employees and professional fees amount to around $8 million... finance costs at $10 million... Revenue is at $6.5 million...

What is the profit margin of the product they're selling??
I've no idea on this but lets say its 5% so... to more or less break even operationally they'll need $12 million more revenue. That's $240 million of orders.

So far in the year to June 30 2010, roughly orders received (not sure if they are single or multi-year things, but let's be optimistic and count them as single year, all revenue received in 2010):
8/07/09 : 1.6 million
29/07/09: 3 million
28/09/09: 10 million
27/10/09: 25 million (This one has several orders in one announcement... only counted ones not counted above)
20/11/09: 30 million (this one is a forecast figure...)

Total: $69.6 million dollars... $170 million dollars short, meaning there will be an $8 million dollar loss next year.

But if the profit margin was closer to 25%, that's $17.4 million more profit from $69.6 revenue, which would make MSC profitable. At the current share price (market cap $16 mill), each $1 million profit is 6% rate of return. Assuming all the orders are fulfilled...

Note that some of the orders are joint-venture only so in reality the orders only worth half as much.

Anyone knows how much the profit-margin actually is??

There's a newbie analysis of the company. Take it with a grain of salt...
 
Re: MSC - Minerals Corporation

MSC only supplies the Koalin too

so you can also forget those puffed up sales forecast figures, theyve never met one in 10 years

Descrete owns the technology
MSC has the right to market it

so a lot less than just 1/2 of JV sales to discount.




one thing you can be very sure of - they will dissappoint.


dog of a stock
 
Re: MSC - Minerals Corporation

On the 28 September, Minerals Corporation announced to the market that it has received an order of US$10,000,000 for the supply of a “low carbon cement” during 2010 to a buyer operating in three Asian countries.

Specifically, the $10,000,000 order is attributed to a division of ACC ECOMINERALS called ACC Manufacturing Ltd, which is 50% owned JV with Descrete Pty Ltd. The margin on sales is estimated to be around 25% for the joint venture which includes 10% for manufacturing and addition of kaolin plus a 15% distribution fee.

Is this what you were looking for?
Not sure of it's relevance
 
Re: MSC - Minerals Corporation

Been in this stock for years - yep... another one that's seen it sink like a stone and lost my shirt.

Now the interesting thing is, they have somehow ( more likely by accident than good planning ) gotten themselves into a market that will benefit from carbon trading and the like.

Traditional production of cement creates an enormous carbon footprint - so any alternate product to replace some of the cement should be in high demand. Unfortunately - and I speak as a Building Consultant involved in ESD and minimising the carbon footprint of new-built projects - the you-beaut products MSC's JV partners are meant to be involved in, are just not marketted to the building industry. They are unknown. MSC seems to spend all their time and efforts into raising money, but none in marketting their product!!

And what product they have or develope, gets hived off into subsiduaries. Very frustrating.:banghead:
 
Re: MSC - Minerals Corporation

MSC only supplies the Koalin too

so you can also forget those puffed up sales forecast figures, theyve never met one in 10 years

Descrete owns the technology
MSC has the right to market it

so a lot less than just 1/2 of JV sales to discount.




one thing you can be very sure of - they will dissappoint.


dog of a stock





Trading Halt

looks VERY ominous


could be the final nail.




(PS as for Descrete, they are in litigation/ dispute)
 
On December 24th, 2015, Minerals Corporation Limited (MSC) changed its name and ASX code to MSM Corporation International Limited (MSM).
 
Reverse listing here, of a 'tech' type company, raised 7m AUD.

Looking to do some form of online 'American idol' with a 1m prize for the first winner
 
MSM (with 185M soi) got breakout alert as hit fresh 52 week high's yesterday of 12c (bullish looking chart on momentum/volume) imo

42 buyers for 5,441,787 units vs only 16 sellers for 1,111,576 units

please DYOR as always

Cheers tela
 
MSM (with 185M soi) got breakout alert as hit fresh 52 week high's yesterday of 12c (bullish looking chart on momentum/volume) imo

42 buyers for 5,441,787 units vs only 16 sellers for 1,111,576 units

please DYOR as always

Cheers tela

http://************.com/q_au.php?symbol=msm&c=ax

'strong buy' rating reflecting 5/5 stars so looking pretty good it seems (buyer vs seller ratio is better than 4:1)

please dyor as always

Cheers!
 
45 buyers for 5,631,867 units vs only 12 sellers for 811,826 units ... as looking strong pre-open

please dyor .................... Cheers tela
 
MSM - Leading Digital Media Executive Joins MSM Board

● Top-tier Australian media executive Sophie McGill appointed Executive Director
● Extensive media industry experience from roles at Endemol UK, Southern Star, Media Venture Partners and Marquee Studios
● Digital media leadership including Big Brother, Deal or No Deal, The Match and Amplify Live
● Ms McGill to focus on investor relations, promotional strategy and corporate development
● Further strengthens the Company’s highly experienced leadership team, which is complemented by a high profile Advisory Board

Commenting on her appointment, Ms McGill said: “MegaStar Millionaire is an excellent fusion of proven television formats, gaming techniques and hugely successful online platforms. The dynamics of the team creates the perfect storm to disrupt a constantly evolving market. My skill set feels complimentary amongst this team who I know can deliver results.”

Ms McGill’s remuneration package includes a retention incentive of 2 million unlisted MSM options exercisable at $0.125 on or before 18 March 2020, vesting in 6 equal instalments over a 3 year period, subject to shareholder approval.

This appointment further enhances MSM’s already strong management and leadership team. It also follows the Company’s recent appointment of two high profile Advisory Board members; Pandora Music co-founder, Jon Kraft, and former Electronic Arts and Zynga executive, Jennifer Herman.

Cheers tela
 
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