Highlights
KLSE: SSTEEL (5665)       SOUTHERN STEEL BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.90   -0.02 (1.04%)  1.83 - 1.93  171,200
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Overview

Market Cap: 823 Million
NOSH: 433 Million
Avg Volume (4 weeks):441,662
4 Weeks Range:1.74 - 2.08
4 Weeks Price Volatility (%):
47.06%
52 Weeks Range:1.55 - 2.58
52 Weeks Price Volatility (%):
33.98%
Average Price Target: 1.46
Price Target Upside/Downside: -0.44
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2018 [#3]  |  15-May-2018
Next QR | Est. Ann. Date: 30-Jun-2018  |  24-Aug-2018
T4Q P/E | EY: 4.54  |  22.01%
T4Q DY | Payout %: 1.84%  |  8.36%
T4Q NAPS | P/NAPS: 2.1791  |  0.87
T4Q NP Margin | ROE: 5.25%  |  19.19%

Headlines

Date Subject
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
15-Feb-2018 上升股:南达钢跌阻力RM2.56
14-Feb-2018 [转贴] 5665 SSTEEL 2018财政年Q2 业绩 (2017-Q4) - Leo Ting
14-Feb-2018 Mplus Market Pulse - 14 Feb 2018
18-Jan-2018 南达钢铁上挑RM2.19/敏源
01-Dec-2017 [转贴] 南達鋼鐵首季業績報捷,淨利突破6年新高~SSTEEL - Alex Shee
28-Nov-2017 Long Steel Subsector Outlook:ANNJOO, LIONIND, MASTEEL & SSTEEL
30-Oct-2017 钢厂合并篇 之 合气生财
06-Oct-2017 LONG STEEL PRODUCERS WITH PE BELOW 2
04-Oct-2017 M+ Online Technical Focus - 4 Oct 2017
25-Sep-2017 炼钢原料篇 之 石墨电极 GRAPHITE ELECTRODE 【ANNJOO LIONIND SSTEEL MASTEEL】
24-Sep-2017 (Spencer88)ANNJOO,LIONIND, MASTEEL 和 SSTEEL 的毛利率和生产技术。
11-Sep-2017 [转贴] 长钢4大产商的图表资料! - Leo Ting
28-Aug-2017 [转贴] 5007 Chinwel 与 5665 Ssteel - Leo Ting
25-Aug-2017 [转贴] 5098 Masteel 和 5665 Ssteel 之相对论! - Leo Ting
15-Aug-2017 [SSTEEL 5665] 稍 等 ! STEEL

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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  ant5585low likes this.
 
abcde12345 no no no
17/04/2018 10:30
nicky11 just stay calm and patient.. Last year QR was released on 27th Apr. This year seems coming soon too.
17/04/2018 10:31
LimKL1 也是!
17/04/2018 10:38
tkk1127 Southern Steel Bhd has appointed Datuk Ahmad Johari Abdul Razak as an independent and non-executive director, effective today.

Meanwhile, Soon Seong Keat, who previously held a non-independent, non-executive directorship, has resigned “after taking into consideration the provisions of the Malaysian Code on Corporate Governance,” the group said in a filing with Bursa Malaysia today.

Ahmad Johari, 63, who is Prime Minister Datuk Seri Najib Razak’s brother, is currently an executive director of Ancom Bhd, an investment holding company that provides services to the agricultural and industrial chemicals industry, polymer production and logistics, among others.

He is also the independent and non-executive chairman of Daiman Development Bhd and sits on the board of Daiman Golf Bhd.
17/04/2018 10:54
nicky11 Lolz, brother of PM. So next time government project will take more steel from ssteel?
17/04/2018 11:59
jeff619 Southern Steel Bhd has appointed Datuk Ahmad Johari Abdul Razak as an independent and non-executive director, effective today.

Meanwhile, Soon Seong Keat, who previously held a non-independent, non-executive directorship, has resigned “after taking into consideration the provisions of the Malaysian Code on Corporate Governance,” the group said in a filing with Bursa Malaysia today.

Ahmad Johari, 63, who is Prime Minister Datuk Seri Najib Razak’s brother, is currently an executive director of Ancom Bhd, an investment holding company that provides services to the agricultural and industrial chemicals industry, polymer production and logistics, among others.
17/04/2018 12:40
17/04/2018 17:25
nicky11 The incoming QR should be promising as previous QR ASP is quite high. By the way, china steel price is start to recover.
http://www.sunsirs.com/uk/prodetail-927.html
25/04/2018 16:03
Campione Wait for it to reach RM 2, it is coming
27/04/2018 09:26
Warn3r Looks like the QR will be coming out tonight.
27/04/2018 16:31
s3eve Great result again..
27/04/2018 16:52
kimao123 http://gu.sina.cn/ft/hq/nf.php?symbol=RB0
china steel roars back in may ...
02/05/2018 15:20
yoloisreal yes steel back on track quietly
02/05/2018 15:54
hebeds y haven out result
another boom ?
02/05/2018 16:28
pathfinder Bursa rules states that companies have to come out with results within 2 months of quarter end. SSteel's quarter ends on 31st March. Hence they actually have till end May to release the results. They have being releasing "early". If you check a few years back, there are a few occasions when they released during May.
03/05/2018 12:16
antidebt sure die on monday
recently put najib's brother as director. Really make wrong decision like tony and stanley thai.
another counter that will limit down.
10/05/2018 11:36
Albukhary Haha.. good. Better drop below RM1
, I am ready.
10/05/2018 11:47
s3eve I don't think so.. wait for the result
11/05/2018 11:29
Warn3r http://www.enanyang.my/news/20180510/敦马中国掌握先进技术-致函习近平建更广泛铁路/

Sounds like good news to me.
11/05/2018 22:09
Invest_Sensibly Construction materials will be under pressure following the possibility of scraping of several construction projects.
12/05/2018 19:36
Albukhary With PH controlled the new company, it should be a very good news for all the steel company, reason being:-

1) Pretty sure that Government will force all the construction project (no matter the contractor is local or china company) to use steel produce in Malaysia.

2) Pretty sure the Government will monitoring the Alliance Steel, make sure it comply with the law that all its output is for export purpose, cannot sell to local market.
14/05/2018 18:36
hebeds If it's good result it is very good timing to release result for boosting the price
15/05/2018 07:58
Albukhary Quarter profit estimated to have 60mil above.
15/05/2018 08:03
Warn3r Q3 EPS was 12 cents, Q4 EPS was 16 cents. And Q1 rebar price was even higher than Q4 price level... Forward looking, April / May price softened a little bit still higher than Q4 2017.

China side, rebar price has now stabilized at 4000 yuan / RM 2500 per MT.

Anything extra is bonus. But if no extra mage projects, should still have 50-60 cents EPS over 4Q.
15/05/2018 10:38
lanjiolang qr to be release soon hopefully today. expecting for 5 cents dividend. don't miss the boat.
15/05/2018 15:32
vinc3nt 3 cents top
15/05/2018 15:35
s3eve Results to be released tomorrow .. all indication for it to be super...
15/05/2018 17:25
yoloisreal EPS 12.07cent & Dividend 3.5cent. well done.
15/05/2018 17:42
lanjiolang 3.5 cents dividend also not bad. thank you. waiting for good show on tomorrow.
15/05/2018 17:54
vinc3nt clap clap clap
15/05/2018 18:05
s3eve better than expected.. definitely above 2.2 in coming days...
15/05/2018 18:44
feimah Margins improved wor.
Very strong indicator for other steel counter.
15/05/2018 18:46
Albukhary The result is slightly below my estimation, but it is considered very very good result.
15/05/2018 19:14
kwai Hi sifu,
can anyone explain Interim Dividend 3.5 cent?
how would it be credited to share holder?
15/05/2018 20:17
Warn3r kwai, you would have submitted information of a banking account for companies to pay you dividends.

Check with your broker - the person whom opened your account for you if you can’t remember which account.
16/05/2018 08:30
value88 The core EPS in past 3 quarters in FY18 is 39.68sen, if annualise, I get 52.9sen EPS per year.
Assuming 8x multiple is given to SSteel business, the fair value would be RM4.23 per share compared to RM1.90 closing price yesterday. The upside is >100% !
16/05/2018 09:07
value88 SSteel has proven its performance with 3 consecutive quarters' EPS above 10sen.
The new PH government will not scrap the mega infrastructure projects such as LRT, MRT and Borneo Highway, so the long steel demand should sustain or improve.
It is undervalued and with clear earning visibility.
16/05/2018 09:10
s3eve Will see it climb to 2.5 by Friday.. easy
16/05/2018 09:51
aslm nightmare..
限產結束 中國鋼鐵產量4年最高
https://www.klsescreener.com/v2/news/view/378541/%E9%99%90%E7%94%A2%E7%B5%90%E6%9D%9F-%E4%B8%AD%E5%9C%8B%E9%8B%BC%E9%90%B5%E7%94%A2%E9%87%8F4%E5%B9%B4%E6%9C%80%E9%AB%98
16/05/2018 12:44
ming China production increase much but steel price still stay at high side..
mean demand also high la
16/05/2018 12:46
ming Same like Alliance steel invest in malaysia.. if no demand they come in burn money meh..
Or mayb their management really stupid enough
16/05/2018 12:48
aslm construction activities slow down during Ramadhan and long holiday in coming Q2. Weaker demand as stated in report.
16/05/2018 12:48
yiniugongxiong SSTEEL 5665 QUARTERLY REPORT 31 MARCH 2018
http://yiniugongxiong.blogspot.my/2018/05/ssteel-5665-quarterly-report-31-march.html
16/05/2018 19:38
Pengyong Loo Y the price drop on Friday?
19/05/2018 12:06
SALAM SSteel has a litigation of Eu34 million hanging in the balance oh.......
19/05/2018 16:30
probability BEIJING: Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday (May 20).

The announcement came after high-level talks in the US capital and followed months of tensions over what President Donald Trump has blasted as an unfair commercial relationship between the two economic giants.


Read more at https://www.channelnewsasia.com/news/asia/china-us-agree-to-abandon-trade-war-china-s-vice-premier-10251524
20/05/2018 21:59
HuatRex What is that litigation of eu34 million
21/05/2018 20:43
edward123 SHRC issues..............
22/05/2018 08:32
isupertrader It's shopping sprees for me to buy on people's emotional sentiments. I called t the public fearout storewide discounts.
24/05/2018 10:48
investoroem Buy when fear rules. Sell when greed rules
24/05/2018 11:38


 

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