Posted by tempac > 2017-08-24 19:32 | Report Abuse

Beware Lionind. Normally they will post huge losses in last quarter.

Posted by JayC > 2017-08-24 19:37 | Report Abuse

Ssteel in trouble

Posted by godhand > 2017-08-24 19:40 | Report Abuse

Lul

Posted by Ahbeng11 > 2017-08-24 19:40 | Report Abuse

Disappoint result

Posted by ks5S > 2017-08-24 19:44 | Report Abuse

maybe tomorrow up some more. Similar to ann joo style. Reduce in profit but still up. Share price always look to the future/ prospect

The report mentioned on the prospect:
with international steel prices firming, imports reducing and a steady domestic demand

Posted by solaris80 > 2017-08-24 19:44 | Report Abuse

Of course tomorrow sapu lah:)

Posted by JayC > 2017-08-24 19:45 | Report Abuse

Switch to masteel better

Posted by gwansoo > 2017-08-24 19:45 | Report Abuse

Guys, choose the most cost efficient company. (y)

Posted by OOMMGG > 2017-08-24 19:46 | Report Abuse

Poor than estimate

Posted by solaris80 > 2017-08-24 19:48 | Report Abuse

Mr Quek want us to sell back to him.

Posted by OOMMGG > 2017-08-24 19:48 | Report Abuse

Q2 is soft Q but however with this kind of result, ssteel is performing poor.

Posted by solaris80 > 2017-08-24 19:49 | Report Abuse

Buy ssteel for bullish steel price, not on its old stories

Posted by solaris80 > 2017-08-24 19:51 | Report Abuse

Is good time to clear the weak holders

Posted by OOMMGG > 2017-08-24 19:51 | Report Abuse

Market will give lower PE to ssteel.

Posted by solaris80 > 2017-08-24 19:56 | Report Abuse

Why we still looking on its pass? The fact is Rebar price is bullish now, steel mills are enjoying double digits profit margin. I am in this industry, Super bullish cycle is just begin. Anyway is up to you to choose the path to be rich or to be ordinary

Posted by solaris80 > 2017-08-24 19:59 | Report Abuse

Their intention is pretty clear! Want to collect back our shares. See their wordings described the performance.

Posted by StockLearner > 2017-08-24 20:02 | Report Abuse

Ssteel share price Up obviously is like aax in previous quarterly result. People expect aax will perform good and so, many people chase in to buy the stocks. Then, bad result come out and share price drops like no tomorrow.

Decision: Better SELL.

Posted by solaris80 > 2017-08-24 20:07 | Report Abuse

First time I saw management use the wording WORSE, usually Weaker is appropriate term.

Posted by gwansoo > 2017-08-24 20:08 | Report Abuse

They are not good in managing cost. Some more facing strong competitor AnnJoo in northern area.

Posted by solaris80 > 2017-08-24 20:10 | Report Abuse

Sorimachi, you can follow StockLeaner to sell since ssteel is making loss.

Posted by gwansoo > 2017-08-24 20:13 | Report Abuse

No need to sell though, but like what you say, market will give it lower PE.

Posted by solaris80 > 2017-08-24 20:15 | Report Abuse

In this free market economies, you have the right to sell or buy. Annjoo and Masteel are did fairly good, only Ssteel is making loss, don't you feel skeptical?

Posted by Adventure > 2017-08-24 20:18 | Report Abuse

If drop then is the right time to add more.. What to worry?

Posted by investmentisgood > 2017-08-24 20:19 | Report Abuse

is it true that some funds are only able to buy stocks that are having profitable financial year? if yes, this could explain the reason why ssteel die die also wanna give a 5.5mil even though the PBT is -7.9mil.

Posted by gwansoo > 2017-08-24 20:20 | Report Abuse

No worry la, still got room to rise, just lower PE.

Posted by KLCI King > 2017-08-24 20:24 | Report Abuse

No drop how to buy? Come baba here, time to wash out weak holders.....

Posted by voonyoke > 2017-08-24 20:41 | Report Abuse

Just hold.it will up higher before next quarter report.many people bought in for next quarter report.

Posted by ming > 2017-08-24 20:45 | Report Abuse

Out of expectation.. anyway, just lower the TP.. no neccessary to sell yet.
Predict opening price will around 2.05

Posted by WarrenColdeye > 2017-08-24 20:45 | Report Abuse

Inventories up by RM1xxmil. Nxt qtr will be good

Posted by leoting > 2017-08-24 20:52 | Report Abuse

https://leoting81.blogspot.my/2017/08/5098-masteel-5665-ssteel.html

Posted by WarrenColdeye > 2017-08-24 21:06 | Report Abuse

Higher cost could be due to scraps pile?

Posted by ks5S > 2017-08-24 21:07 | Report Abuse

steel industry outlook still very good.
game not over yet. Just bcos of one quarter result not so good, does not mean you have to sell at loss. You will regret if the market continue up.
Look at annjoo. Down in the opening but later fly up.

Posted by solaris80 > 2017-08-24 21:07 | Report Abuse

@leoting, I like your 自己动动脑袋

Posted by OOMMGG > 2017-08-24 21:18 | Report Abuse

Leoting, can't figure out why raw material is such a high for ssteel. Isn't ssteel have better supply chain?

Posted by OOMMGG > 2017-08-24 21:24 | Report Abuse

Perhaps miss calculation on raw material price trend, securing too much at high price or in competitive environment in order to secure for raw material willing to pay at high price.

Posted by zexon > 2017-08-24 21:25 | Report Abuse

Want to show to MITI that steel safeguard still need to be in place?

Posted by dalpinia > 2017-08-24 21:26 | Report Abuse

Change to pmetal, the management more efficient and BERSIH, generous and smart with high integrity. With Aluminium price keep on increasing it is much safer than any steel counters.

Posted by OOMMGG > 2017-08-24 21:27 | Report Abuse

Total eps of 22, with bright future prospect, probably PE will arrive at 9 or lower.

Posted by ming > 2017-08-24 21:27 | Report Abuse

Give some hint pls.. sifu leo

Posted by yeekarwai 95 > 2017-08-24 21:28 | Report Abuse

幸亏

Posted by ming > 2017-08-24 21:29 | Report Abuse

I can only imagine link with Election fund ? Lol

Posted by ming > 2017-08-24 21:37 | Report Abuse

Btw, this is the first time 'positive' comment in prospect.. previous 3 qr alway give negative comment..

Posted by solaris80 > 2017-08-24 21:44 | Report Abuse

@leoting, 对，今年大唱丰收了。
还有一样就是，郭家可能又想私营化了。

Posted by leoting > 2017-08-24 21:45 | Report Abuse

@solaris80 你在中国应该知道中国钢厂纷纷转亏为盈，所以南钢的成绩蛮特别的。。

Posted by OOMMGG > 2017-08-24 21:48 | Report Abuse

edward123, any comment from you on high raw material cost for ssteel?

Posted by VenFx > 2017-08-24 21:53 | Report Abuse

What a good job done from Ssteel ...

Juz Q for 1.95 2morrow xp

See can get not ? Kikiki

Posted by solaris80 > 2017-08-24 21:55 | Report Abuse

只要十九大原班人马继续在位，中国高环保标准就会继续。等了十年终于等到春天，绝对不会南钢一个季度表现而卖掉。明天再买进，用尽我的马币来买。管他什么资金管制！

Posted by OOMMGG > 2017-08-24 21:56 | Report Abuse

VenFx, very unfortunate ssteel turn out to be a poor performer.

Posted by OOMMGG > 2017-08-24 21:58 | Report Abuse

Those bought in these few days may need to hold a bit longer in order to turn around.

Posted by OOMMGG > 2017-08-24 22:02 | Report Abuse

If price hold at Pe 9, it still fetch close to 2.00.