KLSE: SSTEEL (5665)       SOUTHERN STEEL BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.82   0.00 (0.00%)  0.00 - 0.00  0
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Market Cap: 356 Million
NOSH: 434 Million
Avg Volume (4 weeks):166,723
4 Weeks Range:0.79 - 0.895
4 Weeks Price Volatility (%):
52 Weeks Range:0.72 - 2.38
52 Weeks Price Volatility (%):
Average Price Target: 1.46
Price Target Upside/Downside: +0.64
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2018 [#2]  |  18-Feb-2019
Next QR | Est. Ann. Date: 31-Mar-2019  |  15-May-2019
T4Q P/E | EY: 7.93  |  12.61%
T4Q DY | Payout %: 4.27%  |  33.80%
T4Q NAPS | P/NAPS: 2.13  |  0.38
T4Q NP Margin | ROE: 1.26%  |  4.86%


Date Subject
19-Feb-2019 Mplus Market Pulse - 19 Feb 2019
19-Oct-2018 Technical Analysis - Southern Steel
01-Sep-2018 STEEL STOCKS: How NOT TO LOSE MONEY on them
27-Aug-2018 PublicInvest Research Headlines - 27 Aug 2018
27-Aug-2018 Mplus Market Pulse - 27 Aug 2018
31-Jul-2018 Technical Analysis - Southern Steel
17-Jul-2018 Technical Analysis - Southern Steel
07-Jun-2018 [转贴] 20180606 长钢股综合分析 (钢铁第085篇)- Leo Ting
16-May-2018 Mplus Market Pulse - 16 May 2018
17-Apr-2018 Mplus Market Pulse - 17 Apr 2018
06-Apr-2018 Steel Peers Comparison @ 5th April 2018; ANNJOO, LIONIND, SSTEEL, MASTEEL, LEONFB, CHOOBEE - oldfriendsinvesting
08-Mar-2018 Daily Technical Highlights – (PPB, SSTEEL)
28-Feb-2018 Business Sense is More Important Than FA and TA - Koon Yew Yin

Business Background

Southern Steel Bhd is an investment holding company, which engages in the manufacture, sale, and trade of billets, steel bars, and wire rods. Business activity of the firm is operated through two reportable segments namely Steel Products, and Investment Holding and Others. Its products include carbon steel wire rods, steel pipes, drawn wires, tire bead wires, wire mesh, wire ropes, and galvanized wires and strands. Geographically, the group has its business in the regions of Malaysia, ASEAN countries and in other regions of which most of the revenue is derived from Malaysia region.
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  2 people like this.
cksam Profit down from RM 35 million to RM 1,78 million and yet result not bad?
Heck !! which planet are you fellows from?
29/11/2018 17:59
cksam Masteel profit also down 85%. This quarter Malaysian corporates results all gone case. Will be worse next quarter definitely if Xi and Trump cannot come out with a solution this weekend. I doubt there will be any solution.
29/11/2018 18:03
Alex™ hmm, itu sue case macam serious? how ah?
29/11/2018 18:26
Alex™ itu energy tariff = oil price? no right?
29/11/2018 18:26
yiniugongxiong SSTEEL 5665 QUARTERLY REPORT 30 SEPT 2018
29/11/2018 19:13
trulyinvest Congrats those iverconfident. Treat those naive right. Kikiki
29/11/2018 20:12
ANALyst Is OK guy.
29/11/2018 22:59
stlf OTB's shit counter. KYY slapped him hard.
30/11/2018 09:23
KLCI King Hehe, everyday see red rain all over the place
30/11/2018 09:54
hock007 How low this counter still can go
30/11/2018 10:30
trulyinvest 40 sen coming
30/11/2018 11:13
vinc3nt 还好当时赚到80%我就卖了
30/11/2018 12:45
SuperBest Bursa says Southern Steel PDT, IDSS suspended --> http://www.theedgemarkets.com/article/bursa-says-southern-steel-pdt-idss-suspended
30/11/2018 14:58
apolloang bursa punya suka lah suka suka dia suspended idss…..bursa big bookie ar?
30/11/2018 14:59
apolloang uzma down more why no suspend idss? ini bursa buat apa dia suka…..PH tak tahu ar inside ini bursa semua hantu
30/11/2018 15:04
ming Uzma not in the list for idss ba..
30/11/2018 17:21
ming Someone kena margin call kah? Drop so much compare others
30/11/2018 17:22
geraldt9 Hopefully, there's no short selling ' kakis ' on Monday ..
30/11/2018 17:31
trulyinvest Those bougjt above rm2, now sufer.
30/11/2018 23:28
shpg22 Warning already given earlier. The low P/E of 2.x and high DY of 4.4% is meaningless as it will turn to negative and div payout will be omitted very soon like a magic show.
01/12/2018 17:19
ming Inventory reduced.. borrowing reduced.. cash increase..

In term of cash flow still no bad
02/12/2018 17:57
bonbon Never came back to watch ssteel since I sold my last batch at 1.8x.. Now I only realised it has dropped to 0.82 today. Its lowest is 0.69 in year 2016, let wait and see whether 0.69 will be broken or not..
07/12/2018 10:10
KAQ4468 80 cents ....

good good

50 cents kasi mariiiii
40 cents kasi mariiiii
10/12/2018 15:03
KAQ4468 starting trade below 80 cents

good good

more discount coming

global major correction yet to come
11/12/2018 14:48
baohulu88 what happen to this counter?
14/12/2018 10:13
KAQ4468 50 cents kasi mariiiii
40 cents kasi mariiiii
14/12/2018 11:30
KAQ4468 another 50% discount
17/12/2018 10:02
imlearning I bought @1.92...Now rugi till mom don't recognize me liao
17/12/2018 12:50
ming Wat to do.. bad timing now.. no one dare to buy any at this period..
Reserve bullet & wait PH open paip again lor..
17/12/2018 12:57
huahtai98 SSteel is deliberately pushed down to become one of the worst performing counters on the KLSE.
04/01/2019 17:45
PresidentRotiCanai KUALA LUMPUR (Jan 18): The government has terminated the engineering, procurement, construction and commissioning (EPCC) contract awarded to China contractor China Communications Construction Co Ltd (CCCC) for the RM81 billion East Coast Rail Link (ECRL) project, a source told theedgemarkets.com today.

CCCC was instructed to stop all construction works and services regarding the ECRL project by Finance Minister Lim Guan Eng on July 3 last year until further notice, pending a review.

The ECRL is among several mega projects being reviewed by the current Pakatan Harapan government, in this case due to the cost of undertaking the ambitious railway link that forms part of China's "One Belt, One Road" initiative.
18/01/2019 18:39
18/01/2019 18:39
ramada Steel counters down.
18/02/2019 18:07
18/02/2019 18:07
4444 No wonder QR season slow. The 1 out early very bad.
18/02/2019 18:19
Veron_teo the result is nice
18/02/2019 18:29
yiniugongxiong SSTEEL 5665 QUARTERLY REPORT 31 DEC 2018
18/02/2019 18:31
PotentialGhost 一时起一时落 三分天注定 七分靠打拼 爱拼才会赢。 goreng goreng goreng goreng , you guy happy enough.
18/02/2019 19:26
SmallBang Its sad to see how ssteel has gone out of the picture. Barely 5 ppl commented after this qr is out. May god bless hl group
18/02/2019 21:04
value88 Terrible quarterly result for Ssteel, and the management hinted that the remaining of the year will also be the same.
All 4 long steel companies' stock price will be dragged down tomorrow.
I just hope that won't affect overall market sentiment, but only confine to steel sector.
18/02/2019 21:08
hooi Pokai-loh. Faster sell tomorrow . Don’t hold.
Pn17 coming
18/02/2019 21:15
Kenny Yap Pray hard
18/02/2019 21:31
cheoky Gai. Kena Naik kereta
18/02/2019 22:58
shpg22 As I tried to explained earlier, low P/E is irrelevant because when it turn to loss, everything is negative.

Posted by shpg22 > Oct 11, 2018 04:35 PM | Report Abuse X
The market is expecting steel industry to bleed soon as part of its cyclical nature, that is why low P/E is irrelevant.
18/02/2019 23:07
xiohai step on the mine again?
19/02/2019 08:59
Albukhary MITI Rebar Safeguard Duties
14 April 2017 – 13 April 2018 13.42%
14 April 2018 – 13 April 2019 12.27%
14 April 2019 – 13 April 2020 11.10%

Current China Rebar price is around RMB3750, if we converted to RM, it is equal to RM2263.
If it import to Malaysia, plus the 11.10% safeguard duties, it become RM2514 (havent include shipping cost). So guys, dont worry import China rebar will affect local steel.

Malaysia current Rebar price is RM2000 - RM2150, that mean we are actually lower than oversea, that why SSTEEL mention the company will continue develop its export market.

Let's hope our PM go to China and bring back some good news. Once ECRL continue, then all construction will be booming. and steel price will back to RM2400-2600 range.
19/02/2019 10:52
Mamat_Win holding on to ssteel in hopes of good news
19/02/2019 10:58
singh1 Albukhary Thank you for the analysis, appreciate it.
19/02/2019 11:02
moneylailai thanks, at least now we know it china import wont affect much. only ecrl project will have impact
19/02/2019 11:06
singh1 Hopefully Annjoo does not post poor results as well.
19/02/2019 12:23



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