SOUTHERN STEEL BHD

KLSE (MYR): SSTEEL (5665)

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Last Price

0.55

Today's Change

+0.01 (1.85%)

Day's Change

0.54 - 0.56

Trading Volume

25,100


2 people like this.

4,664 comment(s). Last comment by Albukhary 1 week ago

pang72

51,542 posts

Posted by pang72 > 2018-02-15 08:36 | Report Abuse

Hlcap, hlbank, hlfinance, mpi,...all Hong leong stocks above rm10...

pang72

51,542 posts

Posted by pang72 > 2018-02-15 09:44 | Report Abuse

Myong...happy new year to you...
It confirm straight up steadily..
Wait for you at 3..

darkstar

589 posts

Posted by darkstar > 2018-02-15 12:27 | Report Abuse

Well defended, Happy new year to all!

samsambank

588 posts

Posted by samsambank > 2018-02-15 14:04 | Report Abuse

Kesm is a good buy. Its outlook is very good after the recent AMG. It focuses on automotive semiconductor. It is likely to fly aftet the next QR announvement.

huahtai98

770 posts

Posted by huahtai98 > 2018-02-15 21:08 | Report Abuse

May shoot up 30 to 35 sen in one day....then panic buy.
Haha...just wait.

Ramada

655 posts

Posted by Ramada > 2018-02-15 23:03 | Report Abuse

Rebar makers are selling their products till need to run 3 shifts a day! You can imagine it.

Ramada

655 posts

Posted by Ramada > 2018-02-15 23:05 | Report Abuse

Even OTB also put this SSTEEL into his watchlist now. STEEL RALLY soon!

pang72

51,542 posts

Posted by pang72 > 2018-02-16 15:20 | Report Abuse

Ya, before their group Sapu Ssteel, you should act fast.

Ramada

655 posts

Posted by Ramada > 2018-02-17 16:48 | Report Abuse

Famous four, which is the best?

(1) Annjoo : Fair value already. Not too attractive.
(2) Lionind : NOT 100% steel maker, Parkson is the main concern.
(3) Masteel : The hottest among famous four.
(4) Ssteel : Most undervalued based on PE ratio.

pang72

51,542 posts

Posted by pang72 > 2018-02-17 23:09 | Report Abuse

I like Ssteel among big 4 due to most undervalued and rank 2 among big 4

pang72

51,542 posts

Posted by pang72 > 2018-02-17 23:11 | Report Abuse

Ssteel has not really goreng yet and the impressive of eps 16.17sen , really attracted my decision to invest on Ssteel.

pang72

51,542 posts

Posted by pang72 > 2018-02-17 23:12 | Report Abuse

Ssteel has not really goreng yet and the impressive of eps 16.17sen , really attracted my decision to invest on Ssteel.

darkstar

589 posts

Posted by darkstar > 2018-02-18 09:37 | Report Abuse

SSTEEL

Ramada

655 posts

Posted by Ramada > 2018-02-18 10:30 | Report Abuse

Two quarters only already RM0.28 of eps. SSTEEL should trade at RM2.80, at least.

aslm

379 posts

Posted by aslm > 2018-02-18 12:13 | Report Abuse

Please talk with facts and figures. For long steel or rebar products, US only imported about 3mil metric tonne for the first 3 quarters in 2017. Is this considered a lots?

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.trade.gov/steel/countries/pdfs/imports-us.pdf&ved=2ahUKEwjM8_nny67ZAhXLuY8KHbH7Ao0QFjAAegQIBxAB&usg=AOvVaw03BvNOw8oW0bMcwZktTQs4

Ramada

655 posts

Posted by Ramada > 2018-02-19 10:34 | Report Abuse

At least RM2.80. Anyway, you can put some money in 3883.

pang72

51,542 posts

Posted by pang72 > 2018-02-19 13:47 | Report Abuse

Another goid fa stock beside hrc.
Only moves north nowadays....

pang72

51,542 posts

Posted by pang72 > 2018-02-19 15:00 | Report Abuse

After broke rm3.00, retailer will start to buy in and pushing toward rm4..

pang72

51,542 posts

Posted by pang72 > 2018-02-19 15:00 | Report Abuse

This is how the game work.

pang72

51,542 posts

Posted by pang72 > 2018-02-19 15:00 | Report Abuse

Enjoy Hengyuan if you don't like Ssteel.

edward123

243 posts

Posted by edward123 > 2018-02-19 15:06 | Report Abuse

Dear All Brethren, Happy Chinese New Year......Huat Ah.......

ooihk899

2,057 posts

Posted by ooihk899 > 2018-02-19 15:34 | Report Abuse

pang72, looks like big boys keep selling le.

ooihk899

2,057 posts

Posted by ooihk899 > 2018-02-19 15:35 | Report Abuse

tomorrow T+3

pang72

51,542 posts

Posted by pang72 > 2018-02-19 16:10 | Report Abuse

Ooi, holding well 2 36..
Got sell meh?

pang72

51,542 posts

Posted by pang72 > 2018-02-19 16:11 |

Post removed.Why?

pang72

51,542 posts

Posted by pang72 > 2018-02-19 16:11 | Report Abuse

So, just let it auto pilot to 3 then 4...

pang72

51,542 posts

Posted by pang72 > 2018-02-19 16:13 | Report Abuse

After 3 then people will start to realise Ssteel eps 16.17sen....
Ssteel is undervalued

nicky11

654 posts

Posted by nicky11 > 2018-02-19 16:16 | Report Abuse

Hi edward123, happy cny. Any update for the recent steel price?

ooihk899

2,057 posts

Posted by ooihk899 > 2018-02-19 16:18 | Report Abuse

pang72, hope you are right. Money flow negative. ig T+3 to T+5 can hold sure can up above 4.

edward123

243 posts

Posted by edward123 > 2018-02-19 16:39 | Report Abuse

Hi Nicky, ASP is above Rm2600/Mt, price is stable until announcement of GE14........

aslm

379 posts

Posted by aslm > 2018-02-19 17:24 | Report Abuse

Hi brother edward123. Happy CNY!

pang72

51,542 posts

Posted by pang72 > 2018-02-19 17:26 | Report Abuse

Ooi, I am not selling Ssteel. So t3 or t4 has no impact to me.

nicky11

654 posts

Posted by nicky11 > 2018-02-19 17:57 | Report Abuse

Thx edward123 for the update..

pang72

51,542 posts

Posted by pang72 > 2018-02-19 17:57 | Report Abuse

After Ssteel reaching 3, it has big impact to my profit.

huahtai98

770 posts

Posted by huahtai98 > 2018-02-19 18:37 | Report Abuse

Happy cny bro Edward....pl continue update on steel prices...thank you very much.

pang72

51,542 posts

Posted by pang72 > 2018-02-19 19:43 | Report Abuse

Edward, thank you for your update.
I m new here.

Ramada

655 posts

Posted by Ramada > 2018-02-19 19:54 | Report Abuse

Hopefully. Today SSTEEL has a good performance.

darkstar

589 posts

Posted by darkstar > 2018-02-19 20:56 | Report Abuse

Happy CNY bro Edward!

darkstar

589 posts

Posted by darkstar > 2018-02-19 20:58 | Report Abuse

Based on the entire series of volume flow, Southern Steel has yet another +100% profits upside from here. This gives Southern Steel the next target price of 4.56. This represents +608% returns from my 1H-2016 scoop-the-bottom operations, +368% returns from my November-2016 scoop the bottom operations and a +200% returns from my February-2018 scoop-the-bottom operations (for averaged up addition of buys on Steel-Metal stocks worldwide).

The Donovan Norfolk Technical Ratings:
HIGHLY BULLISH ON COMMODITIES-RAW MATERIALS SUCH AS STEEL AND METALS

Huatar333

690 posts

Posted by Huatar333 > 2018-02-20 10:14 | Report Abuse

great profit taking so give opportunity to collect..tp 2.5 is certain ..pumping another 100k

kwai

67 posts

Posted by kwai > 2018-02-20 12:13 | Report Abuse

time to accumulate

gcke

1,359 posts

Posted by gcke > 2018-02-20 12:53 | Report Abuse

But according to global news reports President Trump is seriously and actively considering the proposal by The Commerce Department to impose stiff tariffs and other punitive trade measures on the importation of steels and Aluminium to American market.
Consequently :

1.China has warned that they will retaliate any of such US actions.Aftermath tit-for-tat bad for global equity confidence?;
2.Japan government had warned such actions go against the spirit of the global free trade practices.
3.Nippon Steel has warned that if US go ahead with such actions cheap steel products will flood the other markets in the region.

My questions:
A. How will it affects our local steel companies if such US proposed actions are implemented?
B.How will our government respond to such global development?
C.Among the Big Four steel companies which of them exported to US markets or other global markets?

Gong Xi Fa Cai.

qqq3

13,202 posts

Posted by qqq3 > 2018-02-20 12:53 | Report Abuse

but only 1% of US imports of steel comes from China.......but facts never get in the way Trump and his supporters.

pang72

51,542 posts

Posted by pang72 > 2018-02-20 13:36 | Report Abuse

Good correction. Time to move up to rm3 after this.

pang72

51,542 posts

Posted by pang72 > 2018-02-20 14:54 | Report Abuse

This is another easy money maker after hengyuan

pang72

51,542 posts

Posted by pang72 > 2018-02-20 14:55 | Report Abuse

Buy before noble group come in big.
Already in their watchlist

kwai

67 posts

Posted by kwai > 2018-02-20 17:03 | Report Abuse

pang72, how u know noble group coming?

pang72

51,542 posts

Posted by pang72 > 2018-02-20 21:05 | Report Abuse

Is the selling well absorbed?

ming

2,087 posts

Posted by ming > 2018-02-21 10:42 | Report Abuse

8m share DBT yesterday

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