Posted by Edwardljhoo > 2017-07-18 16:50 | Report Abuse

Alex; Keep for 2 years then dispose and RUN as we don't know what will happened 2 years later......HAHAHAHA

Posted by Warn3r > 2017-07-19 06:45 | Report Abuse

Thank you Edward for the info!

Posted by Edwardljhoo > 2017-07-19 08:11 | Report Abuse

Bro U are most welcome, Sharing is Caring

Posted by Edwardljhoo > 2017-07-19 12:09 | Report Abuse

Southern Steel increase rebar another Rm20/MT (ieRM2120) effective by today.

Posted by yeekarwai 95 > 2017-07-19 12:45 | Report Abuse

Edwardljhoo,can i know what is ssteel previous rebar price before raise to RM2210?

Posted by Edwardljhoo > 2017-07-19 13:24 | Report Abuse

YKW95, During June is RM1920-1950/MT , During the first week of July stable at RM1980/MT, 7th July increase to RM2000/Mt, 10th increase to Rm2050, 14th increase to RM2080, 17th increase to RM2100 and today RM2120/MT

Posted by yeekarwai 95 > 2017-07-19 13:28 | Report Abuse

wa,why suddenly increase every few days?

Posted by Edwardljhoo > 2017-07-19 14:14 | Report Abuse

More is coming from all steel mills
Today Southern Pricing:
Y16-32=Rm2120
Y10,12,Y40 &R10 =RM2270
R68,12,16,20&25=Rm2320

Posted by Ananas > 2017-07-19 15:23 | Report Abuse

Any idea how SSteel selling goods & buying raw materials, by using spot price or future price??

Posted by Warn3r > 2017-07-19 18:02 | Report Abuse

5 more weeks to annual report right? Neck long d...

Posted by yeekarwai 95 > 2017-07-19 21:23 | Report Abuse

patience

Posted by Alex Lim Jun Xiong > 2017-07-20 09:12 | Report Abuse

Why gap down? What happen?

Posted by Edwardljhoo > 2017-07-20 09:13 | Report Abuse

Ananas, SSteel sells at market price, buying raw at future price(commodity) but mostly depend of based on market sentiments. There is gambling elements on this whether u win or lose largely on years of experiences and business acumen towards this field........

Posted by Martin99 > 2017-07-20 09:45 | Report Abuse

Hi Edwardljhoo,
Thank you very much for the useful and up to date input. From your deep experience in the steel industries, may I know what is the break even selling price for Y16-32, Y10,12,Y40 &R10 , R68,12,16,20&25.
Thank you.

Posted by goodluck999 > 2017-07-20 14:32 | Report Abuse

edward is considered as an experienced player in this industry..i personally also feel optimistic about the potential of ssteel..of course more to come..already on boat for quite some time..

Posted by Ananas > 2017-07-20 15:26 | Report Abuse

Edwardljhoo,
Thx you very much.
Recently rebar price up, iron ore price up but scrap steel price remain, so higher revenue but lower cost of production then should before good result for SSteel.

废钢或将面临竞争压力
据海关总署统计数据显示，中国废钢出口量4月份达1.54万吨，同比暴增2252.6%，5月份再度猛增至8.03万吨。虽然绝对数量不大，但相比于以往的年出口量只有100吨至2000吨，这已是“天量”了

Posted by Edwardljhoo > 2017-07-20 15:34 | Report Abuse

Martin99, Sorry that this is deem classified information and different plant have different modus operandi, but u can look on my previous reply as above mentioned on the rough estimation.

Posted by Edwardljhoo > 2017-07-20 15:57 | Report Abuse

Today Southern Pricing: (Morning)
Y16-32=Rm2140
Y10,12,Y40 &R10 =RM2290
R68,12,16,20&25=Rm2340

Southern Pricing : (Afternoon)
Y16-32=Rm2180
Y10,12,Y40 &R10 =RM2350
R68,12,16,20&25=Rm2380

Just Up Rm60/Mt

Posted by yeekarwai 95 > 2017-07-20 16:01 | Report Abuse

since your collegue is work in ssteel,maybe your collegue will know the exact result of next QR?

Posted by yoloisreal > 2017-07-20 16:05 | Report Abuse

Edward, thank you for your sharing!

Posted by Warn3r > 2017-07-20 16:35 | Report Abuse

Guys, let's be fair and not ask Edward to reveal sensitive information that will get him into trouble. I think he's been very selfless in sharing a lot of info that, at least I would not be able to get. For that, thank you again Edward.

I'm happy to just have him onboard with me. =]

Posted by Edwardljhoo > 2017-07-20 16:39 | Report Abuse

MR CHOW CHONG LONG (a company director) was dealing with company shares on 14-Jul-2017.

This Mr.Chow is Group MD of SSteel Berhad, there will be good dividend/profit coming out for the FY2017 as he choose this period of time exercising his right for Executive Scheme Option.

17/07/2017 08:23


This is classified information, not for me to divulge but u can see my msg above; then u can understand my message.

Posted by MrPauper > 2017-07-20 16:55 | Report Abuse

edward, i think this is not an exercise of option by the MD but rather a grant of option by the Company due to achievement of certain criteria

Posted by MrPauper > 2017-07-20 16:56 | Report Abuse

The exercise of option is only upon achievement of certain vesting condition at the end of the vesting period somewhere in June 2019 as reported in bursa previously

Posted by leoting > 2017-07-20 16:58 | Report Abuse

Simple idea for all, when Average Selling Price (ASP) go up. Companies that hold most inventory will benefit a lot. No doubt, Southern Steel is one of it, ahead of Lion and Masteel.

Posted by leoting > 2017-07-20 17:02 | Report Abuse

It is very likely Q3 EPS will break of record. If you kaki of investor, no harm to place some bet on it.

Posted by yeekarwai 95 > 2017-07-20 17:10 | Report Abuse

hold.....

Posted by Edwardljhoo > 2017-07-20 18:24 | Report Abuse

Mr.Pauper, this ESO is only given to senior mgmt. who is retiring soon" Golden Handshakes" or ex gratia define by other terms

Posted by Edwardljhoo > 2017-07-20 18:25 | Report Abuse

Thank You Bro Warn3r

Posted by CaiShenYe > 2017-07-20 18:55 | Report Abuse

LOL???

20-Jul-2017 Insider HONG LEONG MANUFACTURING GROUP SDN BHD (a substantial shareholder) disposed 8,151,419 shares on 17-Jul-2017.
20-Jul-2017 Insider HONG LEONG MANUFACTURING GROUP SDN BHD (a substantial shareholder) acquired 8,151,419 shares on 17-Jul-2017.

Posted by leoting > 2017-07-20 22:03 | Report Abuse

SBG for MRT2 http://www.investalks.com/forum/forum.php?mod=viewthread&tid=8892&page=153#lastpost

Posted by yeekarwai 95 > 2017-07-20 22:22 | Report Abuse

thanks leotng provides such good information to us.

Posted by cth91 > 2017-07-21 00:10 | Report Abuse

Wonder how come they are disposing shares? Like changing from left to right hand.

Posted by yeekarwai 95 > 2017-07-21 00:15 | Report Abuse

obviously disposed and acquired at off-market.

Posted by Warn3r > 2017-07-21 09:19 | Report Abuse

Leo大大，多谢分享。又长知识了。InvesTalks里，大部分都是针对ssteel正面的分享。看来很被看好。

接下来这几个星期，有机会我也加码吧。^^

Posted by cth91 > 2017-07-21 14:45 | Report Abuse

@Yeekarwai u mean disposed off for someone else/interested party to buy?

Posted by yeekarwai 95 > 2017-07-21 14:50 | Report Abuse

just change hand between HL manufacturing group sdn bhd and its subsidiary signaland sdn bhd.

Posted by Edwardljhoo > 2017-07-24 14:03 | Report Abuse

Southern Pricing : (Afternoon)
Y16-32=Rm2200
Y10,12,Y40 &R10 =RM2370
R68,12,16,20&25=Rm2400

Posted by Edwardljhoo > 2017-07-24 14:11 | Report Abuse

This will be a good 1st Qtr SSteel fo FY2018

Posted by leoting > 2017-07-24 14:15 | Report Abuse

wah! Approaching RM2300 for common size Y16-Y32

Posted by cth91 > 2017-07-24 14:43 | Report Abuse

Thanks Edward for your sharing! Glad to have you here !

Posted by Edwardljhoo > 2017-07-25 10:24 | Report Abuse

Amsteel Pricing : (Morning)
Y16-32=Rm2220
Y10,12,Y40 &R10 =RM2390
R6,8,12,16,20&25=Rm2420

Posted by kevin008 > 2017-07-25 10:35 | Report Abuse

中国调整供需劲涨45%
钢铁指数创6年新高
http://www.enanyang.my/?p=897105

Posted by Edwardljhoo > 2017-07-25 13:35 | Report Abuse

Southern Pricing : (Afternoon)
Y16-32=Rm2220
Y10,12,Y40 &R10 =RM2390
R68,12,16,20&25=Rm2420

Posted by yeekarwai 95 > 2017-07-25 16:55 | Report Abuse

gogogo!

Posted by Warn3r > 2017-07-26 10:35 | Report Abuse

Please don't run first...

Posted by Edwardljhoo > 2017-07-26 12:58 | Report Abuse

Southern Pricing : (Afternoon) Up RM20/MT
Y16-32=Rm2240
Y10,12,Y40 &R10 =RM2410
R68,12,16,20&25=Rm2440

Posted by thinking > 2017-07-26 13:31 | Report Abuse

wah lau, pricing everyday up 1%, the demand is so strong?

Posted by yeekarwai 95 > 2017-07-26 13:38 | Report Abuse

Gogogo!

Posted by Edwardljhoo > 2017-07-26 13:48 | Report Abuse

Pricing up due to shortage of rebar and higher inventory cost up due to spill over from last quarter