KLSE: SSTEEL (5665)       SOUTHERN STEEL BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.85   0.00 (0.00%)  1.83 - 1.88  379,800
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Market Cap: 802 Million
NOSH: 434 Million
Avg Volume (4 weeks):639,210
4 Weeks Range:1.54 - 1.89
4 Weeks Price Volatility (%):
52 Weeks Range:1.32 - 2.58
52 Weeks Price Volatility (%):
Average Price Target: 1.46
Price Target Upside/Downside: -0.39
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: 4.43  |  22.59%
T4Q DY | Payout %: 1.89%  |  8.36%
T4Q NAPS | P/NAPS: 2.177  |  0.85
T4Q NP Margin | ROE: 5.25%  |  19.19%


Date Subject
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
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
04-Oct-2017 M+ Online Technical Focus - 4 Oct 2017
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

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.
Trade this stock for as low as 0.05% brokerage. Find out more.

  2 people like this.
Henly all the good news coming
12/07/2018 16:58
Ooi Teik Bee Posted by Henly > Jul 12, 2018 05:18 PM | Report Abuse

HSR project will not be cancelled, LGE will do the same to reduce project cost and project will be running again

Posted by Henly > Jul 12, 2018 05:16 PM | Report Abuse

I believe more good news coming with the new cabinet, more affordable houses, housing loan will be relax as quoted by Azmin, China steel production will be reduced and world rebar price will be increase.

Steel counters especially rebar producer will be benefited.

Posted by Ooi Teik Bee > Jul 12, 2018 03:59 PM | Report Abuse
The share price rebound is due to no electricity increase in price until the end of this year.

I renovate my house, the steel price price for Y16 is 2,600 per mt.
Pakatan Harapan government promised to build 1 million medium cost house in next 10 years.
All above are true facts.

I hope all steel bar manufacturer will benefit from all aforesaid good news.

It is not a buy call, I just share some good and useful information for you to review.
Please do your homework if you decided to buy this stock.

Thank you.
12/07/2018 19:24
Up_down Finally, steel theme is making a return after government has announced resuming of big projects. Go Go Go!
12/07/2018 19:41
Ooi Teik Bee 钢铁股 – 价值浮现,买进时机


即使钢铁价格在年初1-3月维持在每吨RM2,600-2,700之间 (接近历史高位),而钢铁业者也在Q1和Q2交出利好业绩,市场尚欠它们一个公道。

相反,钢铁股却意外成为2018年股价表现最差的领域之一。用ANNJOO、SSTEEL、LIONIND和MASTEEL做一个“钢铁指标”,指数在年初 (1/2) 的8.81暴跌至昨天 (7/11) 的4.16,相等于52.8%的跌幅,显得惨不忍睹。值得一提,年初的前几天 (1/2-1/4) 恰好是有史以来的高位。


回归价值,钢铁股真的无利可图吗?参考以下最新 (7/12) 的每吨钢铁报价:
> Southern Steel – RM2,480
> Lion Industries – RM2,440
> Masteel – RM2,410
> Ann Joo – RM2,450




> 钢铁价格在4-6月期间从每吨RM2,600下跌至RM2,300
> 开斋节放假落在6月 (淡季)
> 改朝换代后,希盟政府大砍建筑合约,导致建筑领域按兵不动,出现放缓






最后,附上2017年的新闻。当时,投行们一致看好钢铁领域可旺3年,主要有3个利好因素支撑 – 中国钢铁减产推动价格、大马实施保护税、以及大型基建工程扶持。目前,前两项利好因素依然还在,只要等待新政府检讨工程完毕,钢铁股有望再恢复春天。

12/07/2018 21:35
stock_investor I believe steel counter is completely undervalue based on profit earnings and the price swings like a pendulum associated with market sentiments. today rise of stock market is purely technical rebound... china havent response to trump latest 200b tariff.. can buy at this stage but definitely not all in
12/07/2018 21:36
s3eve to top it all.. SS is also going to announce a very good result in line with the previous quarters...
13/07/2018 09:45
goodluck999 everything is still on track.
16/07/2018 15:52
TheLegend27 ss rise, ma and lion down? why?
16/07/2018 16:08
tehka 1. Bullish Engulfing Pattern appears on 12/7/2018
2. Open with Gap Up on 13/7/2018.
3. Continue to go up on 16/7/2018.
4. Volume increasing day by day (176k on 11/7/2018, 577k on 12/7/2018, 937k on 13/7/2018, 1.1M on 16/7/2018.
5. Daily chart crossed the middle Bollinger Band.
6. Should revisit 1.72 (previous resistance and upper bound of Bolinger Band) over the next few days!
16/07/2018 22:08
goodluck999 congratulation to those who managed to catch it at lower end ,haha
17/07/2018 10:31
tehka Annjoo
EPS: 34.5
Price: 1.95

EPS: 41.79
Price: 1.59
PE: 3.8

Assume same PE with Annjoo
Target price = 41.79 * 5.65 = 2.36 per share

Conservative, take PE 4.5,
Target price = 41.79 * 4.5 = 1.88

I think at current price it is a good bargain!
17/07/2018 17:32
Ooi Teik Bee EPS of Ssteel for last 3 quarters of 2018 is 40.66,
Q4 2018, net profit should be better than 5.567 million.
Enclosed are the last 7 quarter results of Ssteel.
Please read the below link :-
17/07/2018 22:18
VincentTang For your reference, SSTeel is Q4

> 钢铁价格在4-6月期间从每吨RM2,600下跌至RM2,300
> 开斋节放假落在6月 (淡季)
> 改朝换代后,希盟政府大砍建筑合约,导致建筑领域按兵不动,出现放缓
18/07/2018 09:38
khatulistiwa1234 if i say short ward achieve 2.00 , a lot of fancy here will start condemn me , please watch yourself late noon , see gonna condemn me or not , spicy leak news , all iron metal MERCY RUN , like a mad horse .
18/07/2018 11:36
tehka Khatulistiwa1234 I like spicy leak news. Already is late noon where your spicy leak news?
18/07/2018 12:29
Up_down Almost up 30% in a week. Great performance in such a bad market.
19/07/2018 12:19
Ooi Teik Bee Someone in I3 passed the comment that the stock I recommended cannot go up one.
I always spot low PER stock is wrong.

Hopefully every reader here buy Ssteel and made money.
Good luck.
Thank you.
19/07/2018 13:30
tehka Thank you Mr Ooi.
This is good recommendation at very good timing.
19/07/2018 13:42
cskek81 Ooi Teik Bee , can share me the good share when you have any recommadation? My email address: cskek81@yahoo.com
19/07/2018 13:47
s3eve Please expect a great result in coming weeks as per the trend for last 3 quarters
19/07/2018 14:09
goodluck999 good job ,SSTEEL..you dont get me disappointed,always.
19/07/2018 16:16
tehka on the way to 2.00
19/07/2018 16:22
Henly SST no good to steel mills, 10% tax for all steel scrap and spare parts better run
19/07/2018 16:32
filidon SSteel buy signal is strong. Get ready.
19/07/2018 16:47
s3eve .. good
20/07/2018 09:55
highprofit http://m.jrj.com.cn/madapter/finance/2018/07/21121724845683.shtml
22/07/2018 09:25
highprofit highprofit https://finance.sina.cn/stock/ggdp/2018-07-23/detail-ihftenhy8895647.d.html?from=wap
Steel/iron counter in china limit up today
23/07/2018 15:16
highprofit http://finance.eastmoney.com/news/1357,20180723911194565.html
23/07/2018 15:18
23/07/2018 15:19
highprofit 新浪财经讯 7月23日消息,午后钢铁板块全线拉升,表现抢眼,柳钢股份一度触及涨停,截止发稿,柳钢股份大涨超9%,新钢股份、三钢闽光、华菱钢铁、安阳钢铁、韶钢钢铁、八一钢铁、马钢钢铁等个股均有不俗表现。

23/07/2018 15:27
baohulu88 TP 1.9
27/07/2018 10:31
dalpinia https://finance.sina.cn/stock/ggdp/2018-07-27/detail-ihfvkitx5039763.d...

Wow !!! China steel counters moving up again
27/07/2018 10:33
dalpinia TP RM3 by end of 2018
27/07/2018 10:33
highprofit 需求逐渐恢复 钢铁指数周涨7.42%

中国证券报-中证网 07月30日 00:20 关注




30/07/2018 08:56
Yael Jasper Well played !!! nice profit
30/07/2018 10:36
Lim Tek Wai Good, getting stronger and gain profit
30/07/2018 11:52
goodluck999 should hold steadily instead of getting afraid when you see it in red.. remember.. collect when it is in red..i already have more than enough
02/08/2018 17:08
Ooi Teik Bee I just want to inform that 25% import tariff imposed on steel products by US government had already been implemented months ago.
The new rule to impose new 25% import tariff on USD 200 billion Chinese goods is NOT applicable to steel products. Please do not confused and get the facts right.

After implementing 25% import tariff imposed on steel products by US government, the share price of Ssteel is not affected. In actual fact the share price moved up north instead.

The current weakness on the share price of Ssteel is due to fear factor, there is no change in term of business fundamental.

Thank you.
02/08/2018 22:39
Ooi Teik Bee Posted by Ooi Teik Bee > Aug 2, 2018 11:01 PM | Report Abuse X


Please note that Ssteel had been making profit year after year after 2010 except 2015 and 2016.
The losses in 2015 and 2016 were due to China dumping of steel bars below cost in Malaysia.
China government is cutting down the output of steel bar produced to protect the blue sky.
There is a shortage of steel bars in China now, there is no more dumping of cheap steel bars to Malaysia.
There is an import tariff of 18% imposed by Malaysian government to protect local steel bar producers.
The worst is over for Ssteel.

The current weakness on the share price of Ssteel is due to fear factor, there is no change in term of business fundamental.

Thank you.
02/08/2018 23:04
highprofit Dow Jones U.S. Iron & Steel Index
285.31Price decrease6.05 (2.08%)
2 Aug, 5:19 PM GMT-4 - Disclaimer
03/08/2018 08:43
huahtai98 I agree with you...Mr Ooi....SSteel is currently fundamentally grossly undervalued....causing lots of investors....me included...to suffer some paper losses.
I pity those who cannot hold on to this stock at least in the short to medium term.
They sell due to fear..... are forced to sell....are impatient....some are losing hope....only to regret later.
This is a Hong Leong company....it is not a rubbish stock.
Just my 2 cents people....
If i am wrong please guide me....don't attack me.
04/08/2018 10:56
Ooi Teik Bee I will never attack any writer in I3, I am always more than willing to help.
My advice to all, want to win big in stock market, patience is always the key.
Buy good FA stock will seldom go wrong.
Even go wrong, the loss is always minimum.
I cannot sleep well if my stock selected is a speculative stock.

Good luck to you huahtai98.
Thank you.
04/08/2018 17:26
RinggitendSense Of course, you never attack anyone, because you INFLUENCE many ones.

goodluck999, mjlee4722263 are two of them.
06/08/2018 18:29
khatulistiwa1234 Masteel brilliant
07/08/2018 15:45
khatulistiwa1234 DARK HORSE BORN .
07/08/2018 15:59
Pilotsport 钢铁去土耳其渡假咯
13/08/2018 03:02
keyin Haha,later back to Malaysia holiday lo
13/08/2018 07:40
khatulistiwa1234 My final porker card , JOKER CARD PRESENT , i use buy on 1.65 , 1000 lot , i expect it 2.50 soon , all counter iron metal i invest on , i know this factor is catalyst in future progress .
13/08/2018 17:21
khatulistiwa1234 sharing happiness .
13/08/2018 17:30
aslm Mr. OTB asked his followers to buy lionind during the stockwatch this weekend.

See now Mr. OTB help the syndicate to offload the lionind shares even though he aware that the steel demand is not high and alliance steel production is going to flood the malaysia market with excessive production due to the halt of ECRL project..

Mr. OTB first time asked followers to cutloss below 0.70 to let syndicates collect at cheap price, then ask his followers to buy back at priuce 1.10 to let syndicates offload the shares. See syndicates can easily make profit of more than 60% in one month.
14/08/2018 09:57
Yael Jasper buy now and don't regret later
14/08/2018 10:09
tecpower Steel stocks are good buy.

Buy steel stocks as much as possible.

Ann Joo’s FY18 profit seen better on stable sales, higher margins | http://www.klsescreener.com/v2/news/view/417808
14/08/2018 21:09


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