What is target price now?

will move up to 1 gradually now...

great games going on.. oil futures are going bull run... brace for a gradual climb.. intraday will be losers

.9 coming next, gradual climb..

lets see when it breaks .8... bound to happen

still a good time to enter.. gradual climb to RM1 in sight

Given the economic push with global macro indicators, its still a good time to invest

.75 by next week is possible. Can buy to strengthen position.

it will come.. but wont happen in a day.. its a solid scribe. Keep invested to reap profits in the next 1 month.

Trotting towards 73sen

Buying

Up is the way

Whats the outlook for the share price of ssteel? good for buying now?

@shpg22.. answer is chicken rice.. plz get a life too

@Shpg22 - you should know what is going on rather than digging the graves of 10 years.. they did close the business which was bleeding a ~year back that resulted them to be net positive.. so to revert back to -ve is not going to happen... Also P/E cannot be meaningless but is definitely a factor... The share price is undervalued... and its got to do with the sentiment thats global right now but has got nothing to do with the strong company fundamentals..

why so low suddenly

will shoot up in time.. cannot repress it artificially for long...

good buy

Im buying.. Are they releasing the result on Friday? :)

Its a good collection time to benefit in the next few week.. Dont agree with Ironrobe

I dont agree... Q4 is going to have big upsides based on the last message from ss steel...

.. good

Please expect a great result in coming weeks as per the trend for last 3 quarters

to top it all.. SS is also going to announce a very good result in line with the previous quarters...

This value does not make any sense.. It should be many levels higher.. Looks like it is going to see an upward correction really soon..

Highly undervalued now.. Should be looking forward to an upward trend soon enough...

oh bc

target to reach 2.1

Whats happening?

Will see it climb to 2.5 by Friday.. easy

better than expected.. definitely above 2.2 in coming days...

Results to be released tomorrow .. all indication for it to be super...

I don't think so.. wait for the result

Great result again..

good... this is a temp sentiment... plz buy

http://www.klsescreener.com/v2/news/view/356133

Key Points -

Share price weakness of steel stocks, partly due to an overreaction to the US import tariff on Chinese products, should see a re-rating during a possibly strong first-quarter 2018 results season in May, said UOB Kay Hian.

In a sector update report yesterday, the research house opined that steel companies may report another strong set of earnings for the first quarter, with gross profit per tonne potentially expanding to RM733 per tonne.

We also reiterate our view that the tariff imposed on imported steel and aluminium by the US should not have a significant impact on local steel players, given that excess supply from US imports should easily be absorbed given the aggressive capacity cuts by China.

In addition, logistically, it would be economically inefficient for US steel suppliers such as Canada, Brazil and Mexico to divert excess supply to Asia

great.. just collect before it shoots up to normal in no time

Im buying...

There will be an uptrend to 10.x... Seeing the market rally a bit...

Will see the value rise to 2.2 again .... Im surprised to see it drop below 2.. SS is doing so good ...

I guess it has peaked for the time being after rising 30% in a such short time.. What will make it go north of 2.5?

Great Result.. Should grow beyond 2.5

yes, it will rally upwards quickly after results..

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

Next Q result expected to be as good as previous Q

what a drop... completely sentiment driven

any exciting things happening for the rally to come back?

another whale entered

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

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