SOUTHERN STEEL BHD

KLSE (MYR): SSTEEL (5665)

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Last Price

0.545

Today's Change

-0.005 (0.91%)

Day's Change

0.535 - 0.555

Trading Volume

16,900


2 people like this.

4,664 comment(s). Last comment by Albukhary 2 weeks ago

cl1122

169 posts

Posted by cl1122 > 2017-05-22 18:07 | Report Abuse

patience is the key...i prefer slowly up

Posted by lostwayinvestor > 2017-05-22 20:29 | Report Abuse

from cimb:
Recognia has detected a "Flag (Bullish)" chart pattern formed on Southern Steel Bhd (5665:MYX). This bullish signal indicates that the stock price may rise from the close of 1.72 to the range of 2.11 - 2.21. The pattern formed over 13 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to be resuming a sharp rally after taking a brief pause. A bullish Flag pattern occurs during a dynamic market rally, representing a brief pause as the market "catches its breath" before running off again in the same direction. The pattern consists of two parallel trend lines, often sloping downward against the prevailing uptrend, and is confirmed when the price breaks through the upper boundary to resume the rise.

cheoky

2,823 posts

Posted by cheoky > 2017-05-23 00:49 | Report Abuse

ssteel management should be better than masteel and lion. annjoo i tak tahu.

ks5S

4,601 posts

Posted by ks5S > 2017-05-23 12:43 | Report Abuse

ays venture make 10 million profit. very good on this counter selling steel product,
S.Steel will have good result soon. Steel industry have a very bright outlook.

abangadik

2,305 posts

Posted by abangadik > 2017-05-23 12:44 | Report Abuse

AYS Dividend policy is good too every year AYS give xmas money in December.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-23 12:44 | Report Abuse

will bring good sentiment after afternoon season.

ks5S

4,601 posts

Posted by ks5S > 2017-05-23 12:50 | Report Abuse

cement business losing money but steel business making money. Time has change. Steel is now with good feng shui. Very good out look for the next 2-3 years. SSteel can hit 2.00 soon

Posted by ProStockbroker > 2017-05-23 17:02 | Report Abuse

Good feng shui so how, most steel counters have up a lot, only this stupid counter didnt up much.

Op3rs

397 posts

Posted by Op3rs > 2017-05-23 17:23 | Report Abuse

sell lo if u dont like. what can u do?

u are a blind man lost inside a city.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-23 19:04 | Report Abuse

Annjoo announced an outstanding QR,tomorrow will bring long steel rally!break new high!

ks5S

4,601 posts

Posted by ks5S > 2017-05-23 19:07 | Report Abuse

Steel party not over yet. The night is still early.

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 20:13 | Report Abuse

Annjoo still the big Abang in long steel.

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 20:14 | Report Abuse

Quoted by Leoting: annjoo with two swords on hand.

Traderx

173 posts

Posted by Traderx > 2017-05-23 20:16 | Report Abuse

In term of revenue, SSTEEL is way higher but margin lost to AnnJoo.

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 20:18 | Report Abuse

This is due to Ssteel has only one sword on hand...

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-23 21:04 | Report Abuse

anyone know why ssteel didn't invest for another sword? since they have revenue more than annjoo?

ks5S

4,601 posts

Posted by ks5S > 2017-05-23 21:31 | Report Abuse

2.00 no problem to hit

nicky11

654 posts

Posted by nicky11 > 2017-05-23 21:42 | Report Abuse

Annjoo result so good.. Tomorrow another show for steel counters?

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 21:54 | Report Abuse

I can only say ssteel is not far sighted as annjoo do. If not ssteel should have Built the BF many years ago.

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-23 21:56 | Report Abuse

They can build it now. do you know how long to takes for build this BF?

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 22:01 | Report Abuse

Exact how many years, I'm not sure. For size of BF as annjoo one, it is easily take more than 1 year from build to get it into production.

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 22:09 | Report Abuse

Leoting should able to answer your question exactly.

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-23 22:15 | Report Abuse

may be leoting will come here to answer it. I think leoting also invest for ssteel. Thanks OOMMGG for your explanation. WE ALL HUAT TOGETHER ARR. Hahaha...

OOMMGG

678 posts

Posted by OOMMGG > 2017-05-23 22:18 | Report Abuse

We are in family of long steel...big day for all of us...^_^.

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-23 22:19 | Report Abuse

Kikiki....

leoting

516 posts

Posted by leoting > 2017-05-23 23:46 | Report Abuse

Build a BF need 3 years

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-24 05:47 | Report Abuse

@leoting, Thank you very much.

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-24 14:40 | Report Abuse

one day up 2c, 1 month can up 40c, 3 month can up 1.20. kakaka...

nicky11

654 posts

Posted by nicky11 > 2017-05-24 16:49 | Report Abuse

Annjoo result is superb but the share price drop like hell..hmm~~

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-24 16:52 | Report Abuse

Long term, annjoo will surely bounce back and grow higher. But all the investors have to face heart attack becoz there are way too much speculators

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-24 16:53 | Report Abuse

With all the coverage by IBs, a lot of speculators and big players are attracted to it and hope to make quick gain in the dog-eat-dog counter

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-24 16:59 | Report Abuse

Break new high with up 1cent!

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-24 17:00 | Report Abuse

Congratz yeekarwai, we can have a small scale celebration over here.. haha

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-24 17:45 | Report Abuse

^.^

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-25 12:47 | Report Abuse

total steel.counters.affected by lion?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-25 19:22 | Report Abuse

masteel,lionind,prestar announced an outstanding result!

Posted by leslieroycarter > 2017-05-26 11:47 | Report Abuse

In April it was traded 120 In May it weaken to 160 , now is trading 170 . I think it has gained 50c in a month , not bad considering the magnetic forces attached to steel when China has stop dumping n the many mega projects disclosed by the government . But remember , all r in the drawing n planning stage n nothing is confirmed. If there is a change in administration most of the projects will be reviewed n these can pose a serious impact on the steel related stocks , Better to prepare umbrella before it is raining.

Posted by investoroem > 2017-05-26 12:07 | Report Abuse

leslieroycarter , It's just the beginning of the steel cycle

Posted by leslieroycarter > 2017-05-26 15:06 | Report Abuse

bearish signal....

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-26 15:17 | Report Abuse

i still rmb this leslieroycarter likes to post falsified information.. Lack of integrity

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-05-26 15:35 | Report Abuse

quite sad

cl1122

169 posts

Posted by cl1122 > 2017-05-26 18:44 | Report Abuse

Today is t4 if u really follow this stock u should know

Posted by Musangfoxk1ng > 2017-05-26 23:52 | Report Abuse

pasti tuju langit!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-26 23:56 | Report Abuse

below 1.50 baru tell me ok.....haha

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-27 01:52 | Report Abuse

Apollo Ang, 1.50, you are so cute ! If 1.60 still possible but if it goes to 1.50 there will be a lot of bargain hunters ! Hahaha

MrPauper

1,031 posts

Posted by MrPauper > 2017-05-27 01:53 | Report Abuse

You are like commenting for the sake of it

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-27 02:12 | Report Abuse

few months ago 1.25 also seen, 1.50 is let him face already.bursa 1 month down 1.50 sure got lah....haha

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-27 02:15 | Report Abuse

not so eager to buy anyway, I just wait and see only.i won't chase stocks that already up a lot.i can wait no matter how many years,if no down until my TP price I won't buy,i can search others anyway....haha

lanjiolang

702 posts

Posted by lanjiolang > 2017-05-28 10:52 | Report Abuse

If you don't want to buy now. then just wait and see 1.80, 2.00, 2.50, 3.00.....

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-28 10:59 | Report Abuse

if up tak apa lah happy for u, only if down below 1.50 will consider buying otherwise no one,bursa have 1200 counters I can look at other bargains

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