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8 comment(s). Last comment by Trader 2017-02-01 18:47

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-01-31 21:39 | Report Abuse

All done very well! All are done far better than so called self proclaimed Malaysia WB

Trader

2 posts

Posted by Trader > 2017-01-31 23:31 | Report Abuse

SSTEEL will release quarterly result in this few days. To those who want to bet on quarterly result, maybe Friday is the last chance to buy.

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-02-01 16:16 | Report Abuse

I dare to dream SSteel to have 60mil profit, that will be about 13-14 cents in the QR 31/12/2016, let's hope no negative surprise

probability

14,490 posts

Posted by probability > 2017-02-01 16:18 | Report Abuse

Hi $$-sifu, on their last report they mentioned infavorable forex effects that had an impact.. Is dollar strengthening during the period unfavorable or favorable?

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-02-01 16:32 | Report Abuse

Mkt really volatile

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-02-01 16:34 | Report Abuse

Yes, you're right, probability, it is unfavourable, so have to see what will be the outcome after all & see if the positives can overcome the negatives.

If forex, stock & investment provisions can be contained within the manageable level, then it will be good.

I personally believe it will be a good year for ann joo, ssteel & masteel in 2017. Since diff companies have different valuation by market, it depends on the risk & reward appetite of a person to decide what to do with the choices. I go for ssteel & 2nd for ann joo.

I may be wrong then but I am willing to take risks that I have calculated for.

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-02-01 16:36 | Report Abuse

True, paperplane. Your stocks pick said it all, conservative & play safe. :)

Trader

2 posts

Posted by Trader > 2017-02-01 18:47 | Report Abuse

I guess there is huge jump in SSTEEL profit since rebar has gained 30 percent since Sept. last year. But 60 mil profit?? Err... If PBT that's possible.

Quarterly result maybe will release whether this week or next week.

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