Posted by huahtai98 > 2017-06-14 11:12 | Report Abuse

Do be patient people...the HL team will deliver....give them a bit more time....probably overtake AnnJoo.

Posted by MrPauper > 2017-06-14 12:27 | Report Abuse

Annjoo has their own core competency to generate higher gp margin but ssteel has their own cost efficiency too, each generating their own advantages. Rarely seen investment bank issuing coverage on ssteel but pbinvest just issued immediate tp for ssteel at 1.88 and 1.97.. Good news for ssteel

Posted by yeekarwai 95 > 2017-06-14 12:40 | Report Abuse

Why cannot see the report from IB?

Posted by abangadik > 2017-06-14 12:42 | Report Abuse

it is a trading buycall guys..

Posted by yeekarwai 95 > 2017-06-14 13:50 | Report Abuse

ya,i will listen your advice.

why give a cchouse link?

Posted by abangadik > 2017-06-14 14:06 | Report Abuse

opps.. I meant to give link to the publicbank trading buycall.. aiyor sendiri tengokla ..lolz..

Posted by MrPauper > 2017-06-14 14:26 | Report Abuse

https://klse.i3investor.com/blogs/PublicInvest/125365.jsp

Posted by yeekarwai 95 > 2017-06-14 14:27 | Report Abuse

thanks

Posted by tan lucy > 2017-06-16 11:39 | Report Abuse

any below rm2 is cheap. buy now or regret later

Posted by yeekarwai 95 > 2017-06-16 15:31 | Report Abuse

Yup.
but i dont know why the operators still press the price,dont follow the peer.
some queue will automatically cancel.

Posted by MrPauper > 2017-06-16 16:34 | Report Abuse

Operator will want to make a profit. Of they buy all the way up and push the price high up, who will buy from them given the current sentiment?

Posted by MrPauper > 2017-06-16 16:35 | Report Abuse

Operators have a lot in hand. They wont be able to unload to public to realise their profit if no one wants to buy from them at a higher price

Posted by kevin008 > 2017-06-16 23:06 | Report Abuse

wait Aug sure come haha

Posted by Musangfoxk1ng > 2017-06-20 07:47 | Report Abuse

Buy more!!! Top up today!!

Posted by yeekarwai 95 > 2017-06-20 16:27 | Report Abuse

zzz

Posted by Edwardljhoo > 2017-06-20 17:20 | Report Abuse

Some one is trying very hard to push down the price but too bad, it wont work as they forgot who is the largest shareholder

Posted by ProStockbroker > 2017-06-20 21:17 | Report Abuse

I push down to swallow. Kikiki!!

Posted by yeekarwai 95 > 2017-06-21 10:31 | Report Abuse

1.64 also exists

Posted by yeekarwai 95 > 2017-06-21 10:45 | Report Abuse

1.63

Posted by tan lucy > 2017-06-21 15:53 | Report Abuse

sell faster, so i can collect cheaper

Posted by ProStockbroker > 2017-06-21 19:17 | Report Abuse

https://klse.i3investor.com/blogs/koko888/122541.jsp

Koko sifu also bought it. Don't worry! His stock up a lot 1. If no rm 2.50 I won't sell.

Posted by CaiShenYe > 2017-06-22 10:05 | Report Abuse

bought some @ 1.63

Posted by MrPauper > 2017-06-22 21:33 | Report Abuse

Does the chart shows a hammer at the bottom of the downtrend? Does it signify a reversal of downtrend?

Posted by cl1122 > 2017-06-23 12:24 | Report Abuse

mr pauper, it shows reversal if today close high..yeah ~!

Posted by ProStockbroker > 2017-06-23 16:15 | Report Abuse

Buy buy buy!!!!

Posted by yeekarwai 95 > 2017-06-23 16:34 | Report Abuse

what happens.

Posted by MrPauper > 2017-06-23 17:22 | Report Abuse

Is today's closing price high enough to signify a reversal of downtrend? Hahaha !

Posted by yeekarwai 95 > 2017-06-23 17:25 | Report Abuse

Enough

Posted by cl1122 > 2017-06-24 15:38 | Report Abuse

mr pauper, ssteel close highest of the day ! kikiki

Posted by gcke > 2017-06-24 15:40 | Report Abuse

The appended Technical Price Charts as appended signalled buying start.
View- http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5665

Posted by Ahbeng11 > 2017-06-24 16:29 | Report Abuse

I guess there will be dividend announce on coming quarter result

Posted by yeekarwai 95 > 2017-06-24 19:14 | Report Abuse

bonus issue better.

Posted by MrPauper > 2017-06-26 10:42 | Report Abuse

Sometimes bonus issue is proposed to enhance the liquidity and attractiveness of the stock. But since ssteel is mostly held tight by its long term shareholders especially hong leong group, they will be more interesyted in return of investment through dividend yield rather than price appreciation.

Posted by MrPauper > 2017-06-26 10:49 | Report Abuse

Despite the low level of float in the market, i believe there will still be sufficient opportunity for some parties to make a huge gain through capital growth in tandem with improving fundamental of the company

Posted by leoting > 2017-06-28 12:43 | Report Abuse

http://leoting81.blogspot.my/2017/06/6_27.html

Posted by yeekarwai 95 > 2017-06-29 09:33 | Report Abuse

wake up please

Posted by leoting > 2017-06-29 15:15 | Report Abuse

Not too far from RM2 already. The inventory level already expose its short future intention,

Posted by Edwardljhoo > 2017-06-29 16:55 | Report Abuse

ykw95,do u know that the mgmt. of SSteel is already on holidays since last week as they have hit profit target already, so why you need to worry so much, as long you keep it for 2 years you will see the growth of it.

Posted by yeekarwai 95 > 2017-06-29 16:57 | Report Abuse

i know it,just want to see some upside movement only.
i will keeping it.

Posted by leoting > 2017-06-29 22:55 | Report Abuse

http://leoting81.blogspot.my/2017/06/5665-ssteel.html

Posted by Warn3r > 2017-07-05 12:20 | Report Abuse

In one month's time, the rolling 4 quarter EPS should be at least 30 cents. Current PE valuation for steel companies is around 7 now.

Hopefully in 2-4 more quarters following the next QR, PE could reach 8-ish and EPS near 40 cents. Then we're talking RM 3.

Posted by nicky11 > 2017-07-06 11:36 | Report Abuse

Ssteel have less people discuss with it recently. Anyway, let's wait for incoming QR result .

Posted by Edwardljhoo > 2017-07-06 11:55 | Report Abuse

EPS should be around max 30cents as last Qtr slow due to projects delay and long holidays.......

Posted by Warn3r > 2017-07-06 15:17 | Report Abuse

There're many factors in play as usual. I'm still hopeful to see a EPS of around 9 cents+ for the next QR, pushing the financial year's EPS to c 30 cents.

Last quarter I had a pretty optimistic view and ppl were less optimistic due to CNY and shorter month (Feb). Anyway, it can only go up from here. It's only how fast and how far that is still unknown. =]

Posted by Edwardljhoo > 2017-07-07 09:18 | Report Abuse

Hi Warn3r, Last Qtr is good ,mainly due to high pricing and good margin but last Qtr is low margin low volume therefore unable to be too optimistic but overall should be good by hitting the target set by Tan Sri...

Posted by Warn3r > 2017-07-07 12:06 | Report Abuse

Edward, do you have any source for the margin and volume?

Posted by Warn3r > 2017-07-07 12:34 | Report Abuse

Held on to this through the low (RM 1.16-1.20), now it's just my faith that their final quarter will be better than the previous quarter.

Past 3Q cumulative EPS is 20.8 cents (4.60 + 8.67 + 7.54).

Say this coming QR is bad with EPS 6.2 cents. That'd give FY EPS 27 cents. Apply a low PE ratio of 6.5 (while 7+ is probably fairer), the price would be RM 1.76.

That's my worst case scenario.

Posted by Edwardljhoo > 2017-07-07 15:48 | Report Abuse

Warn3r, SSteel mgmt. already have the last Qtr covered from the 3rd Qtr spill over profit, therefore should be around ur estimation, PE will be readjusted to 7 or 8 by bankers. No worries as there is upsurge for rebar soon as the export to Asean country looks promising to local mills especially Vietnam market. To make the matter worst, they may create shortage as exports can earn more money than domestic demands, in short SSteel will make more money this year as prices on the uptrend already.
I m more worried with the other 2 mills bad blood that will create negative impacts by prices war. Recently AJS fixed the rebar prices for 6 mths lock in certain amount of orders at cost price of other steel mills.

Posted by farinsight > 2017-07-10 11:04 | Report Abuse

wow, selling pressure still very high

Posted by Warn3r > 2017-07-10 11:37 | Report Abuse

The price is being pressed down now. This is likely the last dip before the uptrend leading to QR...