Posted by baohulu88 > 2018-12-14 10:13 | Report Abuse

what happen to this counter?

Posted by KAQ4468 > 2018-12-14 11:30 | Report Abuse

50 cents kasi mariiiii
40 cents kasi mariiiii

Posted by KAQ4468 > 2018-12-17 10:02 | Report Abuse

another 50% discount

Posted by imlearning > 2018-12-17 12:50 | Report Abuse

I bought @1.92...Now rugi till mom don't recognize me liao

Posted by ming > 2018-12-17 12:57 | Report Abuse

Wat to do.. bad timing now.. no one dare to buy any at this period..
Reserve bullet & wait PH open paip again lor..

Posted by huahtai98 > 2019-01-04 17:45 | Report Abuse

SSteel is deliberately pushed down to become one of the worst performing counters on the KLSE.
THE OPPOSITE CAN ALSO HAPPEN....WATCH OUT.

Posted by PresidentRotiCanai > 2019-01-18 18:39 | Report Abuse

KUALA LUMPUR (Jan 18): The government has terminated the engineering, procurement, construction and commissioning (EPCC) contract awarded to China contractor China Communications Construction Co Ltd (CCCC) for the RM81 billion East Coast Rail Link (ECRL) project, a source told theedgemarkets.com today.

CCCC was instructed to stop all construction works and services regarding the ECRL project by Finance Minister Lim Guan Eng on July 3 last year until further notice, pending a review.

The ECRL is among several mega projects being reviewed by the current Pakatan Harapan government, in this case due to the cost of undertaking the ambitious railway link that forms part of China's "One Belt, One Road" initiative.

Posted by PresidentRotiCanai > 2019-01-18 18:39 | Report Abuse

Gg

Posted by ramada > 2019-02-18 18:07 | Report Abuse

Steel counters down.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5665

Posted by CITADEL > 2019-02-18 18:07 | Report Abuse

QR CANTIKNYA!

Posted by 4444 > 2019-02-18 18:19 | Report Abuse

No wonder QR season slow. The 1 out early very bad.

Posted by Veron_teo > 2019-02-18 18:29 | Report Abuse

the result is nice

Posted by PotentialGhost > 2019-02-18 19:26 | Report Abuse

一时起一时落 三分天注定 七分靠打拼 爱拼才会赢。 goreng goreng goreng goreng , you guy happy enough.

Posted by SmallBang > 2019-02-18 21:04 | Report Abuse

Its sad to see how ssteel has gone out of the picture. Barely 5 ppl commented after this qr is out. May god bless hl group

Posted by value88 > 2019-02-18 21:08 | Report Abuse

Terrible quarterly result for Ssteel, and the management hinted that the remaining of the year will also be the same.
All 4 long steel companies' stock price will be dragged down tomorrow.
I just hope that won't affect overall market sentiment, but only confine to steel sector.

Posted by hooi > 2019-02-18 21:15 | Report Abuse

Pokai-loh. Faster sell tomorrow . Don’t hold.
Pn17 coming

Posted by Kenny Yap > 2019-02-18 21:31 | Report Abuse

Pray hard

Posted by cheoky > 2019-02-18 22:58 | Report Abuse

Gai. Kena Naik kereta

Posted by shpg22 > 2019-02-18 23:07 | Report Abuse

As I tried to explained earlier, low P/E is irrelevant because when it turn to loss, everything is negative.

Posted by shpg22 > Oct 11, 2018 04:35 PM | Report Abuse X
The market is expecting steel industry to bleed soon as part of its cyclical nature, that is why low P/E is irrelevant.

Posted by xiohai > 2019-02-19 08:59 | Report Abuse

step on the mine again?

Posted by Albukhary > 2019-02-19 10:52 | Report Abuse

MITI Rebar Safeguard Duties
14 April 2017 – 13 April 2018 13.42%
14 April 2018 – 13 April 2019 12.27%
14 April 2019 – 13 April 2020 11.10%

Current China Rebar price is around RMB3750, if we converted to RM, it is equal to RM2263.
If it import to Malaysia, plus the 11.10% safeguard duties, it become RM2514 (havent include shipping cost). So guys, dont worry import China rebar will affect local steel.

Malaysia current Rebar price is RM2000 - RM2150, that mean we are actually lower than oversea, that why SSTEEL mention the company will continue develop its export market.

Let's hope our PM go to China and bring back some good news. Once ECRL continue, then all construction will be booming. and steel price will back to RM2400-2600 range.

Posted by Mamat_Win > 2019-02-19 10:58 | Report Abuse

holding on to ssteel in hopes of good news

Posted by singh1 > 2019-02-19 11:02 | Report Abuse

Albukhary Thank you for the analysis, appreciate it.

Posted by moneylailai > 2019-02-19 11:06 | Report Abuse

thanks, at least now we know it china import wont affect much. only ecrl project will have impact

Posted by singh1 > 2019-02-19 12:23 | Report Abuse

Hopefully Annjoo does not post poor results as well.

Posted by weiiii > 2019-02-20 10:57 | Report Abuse

Guys, where can I get rebar selling price and price chart in Malaysia?

Posted by Bursalord > 2019-02-20 12:30 | Report Abuse

https://www.thestar.com.my/news/nation/2019/02/19/malaysia-nears-deal-with-china-to-revive-scrapped-rail-project/#drjbz519YsxdCw4W.99

Posted by Bursalord > 2019-02-20 12:30 | Report Abuse

Up up and the way

Posted by Bursalord > 2019-02-20 13:39 | Report Abuse

https://3g.163.com/news/article/E8F9U2AD0001875P.html

Posted by Bursalord > 2019-02-20 13:39 | Report Abuse

Good news

Posted by Bursalord > 2019-02-23 11:13 | Report Abuse

LRT3 project back on track, completion in Feb 2024
LRT3
Friday, February 22nd, 2019 at , Economy | News

By ALIFAH ZAINUDDIN / Pic by MUHD AMIN NAHARUL

THE light rail transit line 3 (LRT3) project is back on track with the signing of a novation agreement between Prasarana Malaysia Bhd, MRCB George Kent Sdn Bhd (MRCBGK) and nine work package contractors (WPC) today.

The novation agreement, which is pursuant to the fixed price contract that was signed between Prasarana and MRCBGK on Jan 25, will allow the WPCs to migrate from the previous project delivery partner (PDP) scheme to the fixed price contract scheme.

Under the new arrangement, MRCBGK is now the turnkey contractor while Prasarana takes the role as the project’s employer. The fixed price contract for LRT3 was drawn up in line with instruction by the Ministry of Finance on July 12, 2018, to reduce the project cost to RM16.63 billion.

The signing of the novation agreement was witnessed by Finance Minister Lim Guan Eng, Transport Minister Anthony Loke Siew Fook and Federal Territories Minister Khalid Abd Samad.

Prasarana was represented by its president and group CEO Datuk Mohamed Hazlan Mohamed Hussain, while MRCBGK was represented by its LRT3 project director Patrick Hwang.

The nine other companies signing the agreement are infrastructure WPCs comprise of Mudajaya Corporation Sdn Bhd, WCT Construction Sdn Bhd, Gabungan Strategik Sdn Bhd, APEX Communications Sdn Bhd, Rahimkon Sdn Bhd, Sunway Construction Sdn Bhd, Pembinaan Jaya Zira Sdn Bhd, SN Akmida and Trans Resources Corporation Sdn Bhd.

Connecting Bandar Utama to Johan Setia in Klang, the competition date for the project under the new agreement is set for February 28, 2024.

The length of the new line is maintained at 37.6km, but the number of stations has been reduced from 26 stations to 20 stations. The five stations are listed as future stations. Park and ride facilities were reduced from 6,000 to 2,300 bays and the number of trains were revised from 42 sets of 6-car trains to 22 sets of 3-car trains.

This has allowed the final project cost to be reduced from RM31.65 billion to RM16.63 billion.

Datuk Mohamed Hazlan expressed confidence that Prasarana, MRCBGK and its partners will be able to meet the project’s new deadline.

“With the commitment and the drive of the new government for a better Malaysia, we are very confident that we can meet this deadline. To do this, however, we hope all our partners with the LRT3 project especially MRCBGK and the WPCs would work closely and amicably with us at Prasarana to meet our deliverables,” he said.

Posted by Cindybull > 2019-03-11 09:33 | Report Abuse

tp at least 3.00

Posted by ming > 2019-04-08 16:04 | Report Abuse

Up so much still no sound here.. mean no retailer here?

Posted by Heavenly PUNTER > 2019-04-08 16:07 | Report Abuse

I think it's safe to say so... This is most likely related to ECRL also

Posted by erkongseng > 2019-04-10 14:24 | Report Abuse

Er Kong seng:
長鋼股大哥Annjoo 帶領ssteel,lionind,masteel,hiaptek开跑，在国內基建如mrt,lrt,ecrl，房产等的动工下，須求将提高，进囗鋼在征收进囗税后己无利可图。長鋼股己整理许久，股价下至吸引人的价位，是时侯进場了。

Annjoo RM1.85
ssteel RM1.02
Lionind RM0.635
masteel RM 0.565
Hiaptek RM0.28

Posted by erkongseng > 2019-04-10 19:24 | Report Abuse

http://kongsenger.blogspot.com/2019/04/ssteel-5665-rm104.html?m=0

Posted by Albukhary > 2019-04-10 23:45 | Report Abuse

喜欢SSTEEL， 主要是看好丰隆集团做生意的手段。

Posted by faraday9933m > 2019-04-12 15:37 | Report Abuse

ECRL to proceed

https://www.theedgemarkets.com/article/malaysia-and-china-signs-supplementary-ecrl-agreement-cost-reduced-rm215-bil

long steel in great demand .good days ahead for ssteel.

Posted by erkongseng > 2019-04-15 11:27 | Report Abuse

http://gu.sina.cn/ft/hq/nf.php?symbol=RB0

Posted by khatulistiwa1234 > 2019-04-18 15:49 | Report Abuse

projek TRX dan Bandar Malaysia proceed , government fitted proceed , LGE announce in dewan .

Posted by khatulistiwa1234 > 2019-04-18 16:05 |

Post removed.Why?

Posted by ppginvest > 2019-04-18 23:50 | Report Abuse

wao, semua beku-besi punya syarikat, hentam pi khabar(angin) ini,.....

Posted by L2earn > 2019-04-19 21:08 | Report Abuse

annjoo better than this

Posted by L2earn > 2019-04-19 21:14 | Report Abuse

Why HLIB downgraded annjoo? because their boss owns SSTEEL? am I right?

Posted by L2earn > 2019-04-20 17:14 | Report Abuse

the funny thing is, SSTEEL is 5665 Bursa Code, while Annjoo is 6556. They probably fight each other throughout their life forever

Posted by Cindybull > 2019-04-22 22:41 | Report Abuse

both will up

Posted by sell > 2019-05-01 21:35 | Report Abuse

Loss RM 44 million 98 sen? Why not buy Masteel or Lion Ind cheaper if like steel?
https://klse.i3investor.com/servlets/stk/fin/5665.jsp

Posted by InvestsucessTrader > 2019-05-01 21:50 | Report Abuse

masteel is the better bet, another thing is this counter doesn't has IDDS.

Posted by Jerichomy > 2019-06-18 23:37 |

Post removed.Why?

Posted by Jerichomy > 2019-06-18 23:39 | Report Abuse

Publicinvest promoto buy on ssteel, pls sell coz the traders in public invest are selling their shares to us so that we chak sei kai...eat dead chicken meaning