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Last Price Today's Change   Day's Range   Trading Volume
0.74   +0.005 (0.68%)  0.73 - 0.75  41,700
4,453 comment(s). Last comment by shpg22 at Dec 8, 2019 11:49 AM
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Kenny Yap
56 posts

Posted by Kenny Yap > Dec 2, 2019 6:03 PM | Report Abuse

Hoseh liao!!!


ming
1191 posts

Posted by ming > Dec 2, 2019 8:32 PM | Report Abuse

Finally win .. but still wrong timing.


shpg22
2276 posts

Posted by shpg22 > Dec 8, 2019 11:49 AM | Report Abuse

Reading back the thread, discovered my post more than 1 year ago and the comment from another which is quite interesting. Its posted when the price is around 1.30, with low P/E and high DY.

shpg22 As with most steel company, SSTEEL is very cyclical in nature. Instead of looking at the past 4 quarters result, you should take a look at 10 year past result. Then you ll have a clearer picture. The best time to buy a steel stock is when it reported heavy losses and sell when it is still reported good result like now. The current low P/E is meaningless as it can turn negative at a blink of an eye.
06/10/2018 1:03 AM

s3eve @Shpg22 - you should know what is going on rather than digging the graves of 10 years.. they did close the business which was bleeding a ~year back that resulted them to be net positive.. so to revert back to -ve is not going to happen... Also P/E cannot be meaningless but is definitely a factor... The share price is undervalued... and its got to do with the sentiment thats global right now but has got nothing to do with the strong company fundamentals..
10/10/2018 12:17 PM

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