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

Huatar333

690 posts

Posted by Huatar333 > 2018-02-06 12:03 | Report Abuse

accumulating thanks for dropping lol

s3eve

78 posts

Posted by s3eve > 2018-02-06 12:19 | Report Abuse

what a drop... completely sentiment driven

azman123

351 posts

Posted by azman123 > 2018-02-06 12:49 | Report Abuse

bought in first batch 1.84

Albukhary

2,940 posts

Posted by Albukhary > 2018-02-06 14:50 | Report Abuse

As at 12;30pm, total trasaction volume for SSTEEL is around 1,000,000. Assume average trasaction cost is RM2.00, that mean total value transacted is RM2,000,000 only. ( I guess many investor in I3 has more than RM2,000,000)

BUT.. SSTEEL market cap has drop RM78mil (based on RM0.18 x 443mil share).

Seem very unfair right, someone just sell RM2mil worth of share, but it cause the entire company market value drop by RM78mil.

If tomorrow another group of panic investor sell another RM2 mil worth of share, will it cause SSTEEL drop another RM78mil ?

This is STOCK MARKET!!!!!!

Paper308

161 posts

Posted by Paper308 > 2018-02-06 15:19 | Report Abuse

hahah..cheap just buy...thanks for dropping...but now rebounding so fast

moneySIFU

5,855 posts

Posted by moneySIFU > 2018-02-06 15:21 | Report Abuse

Oh.... didn't follow up on this company, now only realised last Q making loss, surprised.

Huatar333

690 posts

Posted by Huatar333 > 2018-02-06 17:11 | Report Abuse

ssteel strong up like crazy today hahahah

Albukhary

2,940 posts

Posted by Albukhary > 2018-02-06 22:01 | Report Abuse

moneySIFY, last Q where got making loss?

Warn3r

792 posts

Posted by Warn3r > 2018-02-07 09:21 | Report Abuse

hentara, are you their financial consultant? How would you know that they’ve got out of steel? If their absence here means they’re out. Do you see Quek/Kwek family members here?

Huatar333

690 posts

Posted by Huatar333 > 2018-02-09 09:05 | Report Abuse

good buy pump another 400k

s3eve

78 posts

Posted by s3eve > 2018-02-09 10:46 | Report Abuse

Next Q result expected to be as good as previous Q

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-09 11:03 | Report Abuse

In August 2017, it was traded around RM1.80, after up & down, it goes back to where it started, what a world.

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-09 11:08 | Report Abuse

The clear winner among all steel makers is MASTEEL, it started from around RM1 in August 2017, after bonus issue of 1:5, the price is still at 1.55.

Posted by EngineeringProfit > 2018-02-09 11:11 | Report Abuse

Yes,King. It was painful when I decided to part with Masteel last month (for whatever justification)

mdmlyn

57 posts

Posted by mdmlyn > 2018-02-09 11:23 | Report Abuse

Thank you Rukawaw for the sharing!

s3eve

78 posts

Posted by s3eve > 2018-02-09 15:55 | Report Abuse

Its a good time to accumulate... Surely will shoort up.. Next week result announcement..

darkstar

589 posts

Posted by darkstar > 2018-02-11 22:41 | Report Abuse

Good result is coming

vinc3nt

407 posts

Posted by vinc3nt > 2018-02-13 10:11 | Report Abuse

dividend hehe

hng33

19,978 posts

Posted by hng33 > 2018-02-13 10:33 | Report Abuse

bought back ssteel at 1.93

nicky11

654 posts

Posted by nicky11 > 2018-02-13 11:51 | Report Abuse

let's see today can break 2.0 or not.

nicky11

654 posts

Posted by nicky11 > 2018-02-13 13:31 | Report Abuse

It breaks 2.0. Please keep this moment and continue move higher!

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-02-13 13:37 | Report Abuse

2.05...2.10...2.15...Gong Xi Fa Chai...

hng33

19,978 posts

Posted by hng33 > 2018-02-13 14:47 | Report Abuse

Add more ssteel at 2.00

s3eve

78 posts

Posted by s3eve > 2018-02-13 15:04 | Report Abuse

yes, it will rally upwards quickly after results..

Huatar333

690 posts

Posted by Huatar333 > 2018-02-13 15:19 | Report Abuse

huat ar

vinc3nt

407 posts

Posted by vinc3nt > 2018-02-13 17:49 | Report Abuse

qr released

vinc3nt

407 posts

Posted by vinc3nt > 2018-02-13 17:52 | Report Abuse

Net Profit (RM,000) 69,958 91%

aslm

379 posts

Posted by aslm > 2018-02-13 17:53 | Report Abuse

业绩美到爆表了。。

apolloang

18,163 posts

Posted by apolloang > 2018-02-13 17:56 | Report Abuse

congrat to bro hng....tomoro key in 2.08 or 2.10 sell? hehe

veln82k6

914 posts

Posted by veln82k6 > 2018-02-13 18:05 | Report Abuse

Sell 2.4

darkstar

589 posts

Posted by darkstar > 2018-02-13 18:06 | Report Abuse

Wow excellent result! Lucky to stay trust on company despite all the ups and downs

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-02-13 18:09 | Report Abuse

厉害。。。。

value88

708 posts

Posted by value88 > 2018-02-13 18:13 | Report Abuse

Panic buy tomorrow

ming

2,075 posts

Posted by ming > 2018-02-13 18:19 | Report Abuse

Crazy qr.. kuat

nicky11

654 posts

Posted by nicky11 > 2018-02-13 18:19 | Report Abuse

Although steel industry is cyclical, it deserve to rate at better PE. The recent 2 quarter earning of ssteel is almost equivalent to glove industries 1 years earning.

hng33

19,978 posts

Posted by hng33 > 2018-02-13 18:24 | Report Abuse

Super profit, lucky manage swap most of the capital from Annjoo today to buyback ssteel at 1.93- 2.00.

hng33

19,978 posts

Posted by hng33 > 2018-02-13 18:36 | Report Abuse

Based on result, ssteel could be LOWEST valuation among all steel stock now, trading at PE < 4x. Expect tomorrow after today Annjoo, to reap another round of very handsome gain on ssteel.

Posted by Babihutan88 > 2018-02-13 19:10 | Report Abuse

wow. tomoro 2.5? limit up

value88

708 posts

Posted by value88 > 2018-02-13 19:48 | Report Abuse

I just read the quarterly report in detail, there is no one-off gain in this quarter, so all the profit are genuine earning.
It is really well done.

Huatar333

690 posts

Posted by Huatar333 > 2018-02-13 20:04 | Report Abuse

tml huat ar before cny woohoo

Huatar333

690 posts

Posted by Huatar333 > 2018-02-13 20:05 | Report Abuse

tp at least 4.5 now

Huatar333

690 posts

Posted by Huatar333 > 2018-02-13 20:05 | Report Abuse

get ready bullet shoot tml hehhe

shadowhao

58 posts

Posted by shadowhao > 2018-02-13 20:37 | Report Abuse

go go

huahtai98

770 posts

Posted by huahtai98 > 2018-02-13 21:08 | Report Abuse

At current price of RM2 the prospective PE ratio is only about 3 to 3.5......assuming current performance is maintained with an upward bias. Any further improvement....which is very possible....will drive the stock price towards RM5.....over the MEDIUM TERM.
Just my 2 cents....people... PEACE.

apolloang

18,163 posts

Posted by apolloang > 2018-02-13 21:12 | Report Abuse

bro hng the 1st to lock in profit at 2.08 or 2.10? hehe

3r1cl33

33 posts

Posted by 3r1cl33 > 2018-02-13 21:13 | Report Abuse

Let's see how much it will gap up tomorrow morning.

cheoky

2,823 posts

Posted by cheoky > 2018-02-13 21:25 | Report Abuse

A better peer company compared with masteel

apolloang

18,163 posts

Posted by apolloang > 2018-02-13 21:30 | Report Abuse

if market recover likely 2.20-2.50 for ssteel

Post a Comment
Market Buzz