SOUTHERN STEEL BHD

KLSE (MYR): SSTEEL (5665)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.585

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


2 people like this.

4,659 comment(s). Last comment by Atacms 3 weeks ago

vinc3nt

407 posts

Posted by vinc3nt > 2017-12-14 20:33 | Report Abuse

collected too much @ 1.7, now no money topup...
haiz miss the chance

Johnnys

759 posts

Posted by Johnnys > 2017-12-14 21:53 | Report Abuse

collected too much below 1.00 year ago, now no more money topup..... sad

Warn3r

792 posts

Posted by Warn3r > 2017-12-14 23:27 | Report Abuse

Modesty takes you further.

edward123

243 posts

Posted by edward123 > 2017-12-15 09:10 | Report Abuse

14th Dec 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2550
Y10,12,Y40 &R10 =RM2700
R6,8,12,16,20&25=Rm2750 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2550
Y10,12,Y40 &R10 =RM2700
R6,8,12,16,20&25=Rm2750

15th Dec 2017
Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2580
Y10,12,Y40 &R10 =RM2730
R6,8,12,16,20&25=Rm2780 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2550
Y10,12,Y40 &R10 =RM2700
R6,8,12,16,20&25=Rm2750

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-15 09:17 | Report Abuse

thanks Edward

s3eve

78 posts

Posted by s3eve > 2017-12-15 10:32 | Report Abuse

I hope this rebound takes it beyond 2.78 as per the the indications from IBs after the fantastic Q3 result and the expectations for upcoming Qs

Warn3r

792 posts

Posted by Warn3r > 2017-12-15 11:08 | Report Abuse

Hi S3eve. Did any of these IB reports say by when they expect the price to hit RM 2.78? Thanks.

hebeds

117 posts

Posted by hebeds > 2017-12-15 11:14 | Report Abuse

Go go go ssteel, break 2.50 first

Posted by hueyshiuan21 > 2017-12-15 11:19 | Report Abuse

Earlier road block at 2.00. New road block at 2.10. Hold tight. Strategy of collecting stock by someone. Patient will get reward soon.

edward123

243 posts

Posted by edward123 > 2017-12-15 11:37 | Report Abuse

Updated
15th Dec 2017
Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2580
Y10,12,Y40 &R10 =RM2730
R6,8,12,16,20&25=Rm2780 (No Stock)

Amsteel Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2580
Y10,12,Y40 &R10 =RM2730
R6,8,12,16,20&25=Rm2780

edward123

243 posts

Posted by edward123 > 2017-12-15 11:38 | Report Abuse

Shortage of size T10 & T12 in the market.

Warn3r

792 posts

Posted by Warn3r > 2017-12-15 12:14 | Report Abuse

Thank you Edward. Let’s hope that it’ll go up fast enough to hit RM 2.50 by 31 Dec. RM 2.80 seems like a little too ambitious.

Posted by stockintalk > 2017-12-15 14:08 | Report Abuse

短期SSTEEL 可报至rm2.50-rm2.60.

hebeds

117 posts

Posted by hebeds > 2017-12-15 14:51 | Report Abuse

now road block dowan let it down below 2.08, so funny last few days nobody wan now so many ppl wan...

aslm

379 posts

Posted by aslm > 2017-12-15 15:00 | Report Abuse

Hi Edward / Leoting, is the new rolling mill of Masteel at Bukit Raja produce premium size rebar like the T10 & T12?

Posted by stockintalk > 2017-12-15 15:35 | Report Abuse

Bought 2.11!

s3eve

78 posts

Posted by s3eve > 2017-12-15 15:45 | Report Abuse

@Warn3r... Usually they project 3 to 6 months right...

azman123

351 posts

Posted by azman123 > 2017-12-15 16:21 | Report Abuse

this weekend run an article talk about improved margin for steel counters. then next week everyone huat

edward123

243 posts

Posted by edward123 > 2017-12-15 16:27 | Report Abuse

Bro aslm,, Yes Masteel produce billet & rebar up till T16mm in Bukit Raja mills.

aslm

379 posts

Posted by aslm > 2017-12-15 16:37 | Report Abuse

Thank you Bro Edward!

Posted by Williamtaychunkit > 2017-12-15 16:50 | Report Abuse

SSTEEL - keep for medium term.

Posted by stockintalk > 2017-12-15 18:21 | Report Abuse

评级:买进&持有SSTEEL.

Primelife

336 posts

Posted by Primelife > 2017-12-16 02:38 | Report Abuse

ssteel will surely hit 2.6 min base on the value rating

Posted by Williamtaychunkit > 2017-12-16 08:09 | Report Abuse

I will add another 5k shares on next Monday at 2.10.

张公子

811 posts

Posted by 张公子 > 2017-12-16 11:37 | Report Abuse

Steel demand in Malaysia for 1H 2017 declined by 7.7% y-o-y was mainly due to a
slowdown in demand for long products. The steel demand in Malaysia is expected to
recover in the second half of the year and register a positive growth rate supported by the
country’s strong economic growth. Malaysia economy grew at a faster pace of 6.2% in
the third quarter of 2017 compared to 5.8% in the second quarter of 2017.
The stronger pace of growth was propelled by both sustained domestic demand and
improved external sector. Higher economic activities in the services, manufacturing and
agriculture sectors were the key engines that drove the economy in the third quarter.
The construction sector again will be the main driver in boosting the steel consumption in
Malaysia. The construction sector is expected to grow 8% in 2017 and forecast to post a
robust growth for the next three years, as more government infrastructure projects are to
be implemented as announced in the 11th Malaysian Plan (2016 to 2020) and Budget
2017. Among key infrastructure projects are the East Coast Rail Line (ECRL), the Kuala
Lumpur-Singapore High-Speed Rail (HSR), Mass Rapid Transit Line 2 and 3 (MRT),
Light Rail Transit Line 2 and 3 (LRT), the Pan Borneo Highway, the Merdeka PNB 118
skyscraper, and the Refinery and Petrochemicals Integrated Development project in Johor.
The continuing efforts by Chinese Government and its plans to cut production capacity
will help stabilise the world steel prices which will definitely benefit the local steel
industry players.
The Group remains positive on the outlook of steel industry with the above essential
drivers. The Group is committed to continuous improvement on productivity and
technical competency while expanding its products range, and will also focus on
procurement and pricing strategies as well as working capital management to drive its
costs leadership in the sector.


FORWAARD FROM HIAPTEK LATEST QR

Posted by christophertopher > 2017-12-16 13:46 | Report Abuse

SSTEEL 比益本被低估很多。

张公子

811 posts

Posted by 张公子 > 2017-12-16 17:42 | Report Abuse

https://ibb.co/jSwNQR

Posted by stockintalk > 2017-12-16 18:43 | Report Abuse

http://www.enanyang.my/news/20170916/【独家】每吨约2800元-趋向国际价位-钢铁起价-屋价恐/

Posted by Williamtaychunkit > 2017-12-16 19:15 | Report Abuse

星期一开始恐怕买不到below rm2.10.

Posted by wiskichung > 2017-12-16 20:50 | Report Abuse

三个月前的新闻。

Posted by stockintalk > 2017-12-17 09:15 | Report Abuse

这不是要点,chung.
主要的是正面消息。

Save

812 posts

Posted by Save > 2017-12-17 14:05 | Report Abuse

Lately local newspaper published good news on steel sectors, we should see some negetive news for consideration.

Stee price seems to be volatile in China. Has the negetive news price in into malaysia steel price?
If price in, then we can buy on dip..

https://tradingeconomics.com/commodity/steel
Steel decreased 567 Yuan/MT or 11.88% to 4,205 on Friday December 15 from 4,772 in the previous trading session.

https://m.economictimes.com/default_pwa.cms?article=62082602&utm_expid=.0_OyxuZnTFSZGUuoEBqhFQ.1&utm_referrer=https://m.economictimes.com/topic/China-steel
Good times gone: Slower business awaits Chinese steel mills in 2018

Posted by stockintalk > 2017-12-17 17:33 | Report Abuse

Aiyo, steel price of cos naik turun everyday.
See the steel chart shown uptrend mode.
而且,steel 上/跌 盈利不大受影响。why?
上的话,盈利就稍微提升。
下跌的话,盈利就稍微减少。
整体而言,盈利被SUSTAIN.

Posted by stockintalk > 2017-12-17 17:35 | Report Abuse

除非你是这么地认为,steel price 下跌少少,公司盈利大受影响,那我就no comment.

Posted by stockintalk > 2017-12-17 17:37 | Report Abuse

https://tradingeconomics.com/commodity/steel

好笑咯,看看整体steel price 都是有上又有下跌的啦。
我们可以发现整个trend 处于positive movement.

Posted by stockintalk > 2017-12-17 17:40 | Report Abuse

人都是这么讲话的,见鬼讲鬼话,见人讲人话。
见到下跌了/见到涨回了,语言都不停地U Turn.

Posted by StockAlliace > 2017-12-17 17:40 |

Post removed.Why?

Fortune

250 posts

Posted by Fortune > 2017-12-17 19:59 | Report Abuse

VenFx My advice is,    

Swap from this pitifully scunning counter to Steel player eg.   
Annjoo / Ssteel / Lionind / Masteel    
Can long fir another 1-2 years.   

13/12/2017 12:36   

hahaha... why venfx and deMusangking come to anzo barking and screw up everyone and promote his stock? shame on VenFx and deMusangking , gets stuck at others stock. make use of anzo investors to save them.  
we can see their motive now, what a low class investors, really low class investors. what a shame

Posted by longtermvaluegain > 2017-12-17 20:44 | Report Abuse

https://intrinsicvaluecounterundercover.wordpress.com/
《SSTEEL 一路走来的日子….》

VenFx

14,784 posts

Posted by VenFx > 2017-12-17 20:54 | Report Abuse

Fortune aka tecpower aka hstha ,
big time liar in Anzo .

edward123

243 posts

Posted by edward123 > 2017-12-18 08:32 | Report Abuse

Announcement
18th Dec 2017
Southern Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2600
Y10,12,Y40 &R10 =RM2750
R6,8,12,16,20&25=Rm2800 (No Stock)

Amsteel Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2600
Y10,12,Y40 &R10 =RM2750
R6,8,12,16,20&25=Rm2800

Albukhary

2,940 posts

Posted by Albukhary > 2017-12-18 08:37 | Report Abuse

Good morning edward, so early bring us the good news.
Thanks for your sharing bro, awesome!

edward123

243 posts

Posted by edward123 > 2017-12-18 08:55 | Report Abuse

Good Morning Bro Albukhary, this was announced last Sat by steel mills.

edward123

243 posts

Posted by edward123 > 2017-12-18 09:21 | Report Abuse

Revised Announcement by Southern

18th Dec 2017
Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2630
Y10,12,Y40 &R10 =RM2780
R6,8,12,16,20&25=Rm2830 (No Stock)

edward123

243 posts

Posted by edward123 > 2017-12-18 09:21 | Report Abuse

Considered up Rm50/Mt for today

Albukhary

2,940 posts

Posted by Albukhary > 2017-12-18 09:22 | Report Abuse

Wow... superb news.

Posted by immortallhs > 2017-12-18 09:25 | Report Abuse

buy more before too late

Posted by verhansolution > 2017-12-18 09:34 | Report Abuse

Masteel^s even higher.. wow..

azman123

351 posts

Posted by azman123 > 2017-12-18 10:23 | Report Abuse

can someone with 217k clear the roadblock at 2.17?

Post a Comment
Market Buzz