Posted by Warn3r > 2017-08-23 17:18 | Report Abuse

Can we expect the same for ssteel? 5-6 cents followed by a fierce pull up headed for PE 9?

Posted by MrPauper > 2017-08-23 17:20 | Report Abuse

There are way too much Edward in this forum. Which is the real Edward? Hahaha

Posted by JayC > 2017-08-23 17:25 | Report Abuse

gogogo ssteel!!!!

Posted by VenFx > 2017-08-23 17:28 | Report Abuse

林俊松 ,

Recently , must hold tight your Winner Horse ,
1 H'17 u hv seem Tech
2 H'17 u take position on Steel/ Alumn ...

HOLD TIGHT LIKE U HOLD YOUR WIFE , NEVER LET GO xp

Posted by edward123 > 2017-08-23 18:30 | Report Abuse

Southern Pricing : (Morning) Up RM20/Mt
Y16-32=Rm2470
Y10,12,Y40 &R10 =RM2620
R6,8,12,16,20&25=Rm2670 (No Stock)

Amsteel Pricing : (Morning) Up RM20/Mt
Y16-32=Rm2470
Y10,12,Y40 &R10 =RM2620
R6,8,12,16,20&25=Rm2670

Dear All, sorry for the delay as outstation in Penang, just visit SSteel & Annjoo and sa the excitement today.

Posted by VenFx > 2017-08-23 18:33 | Report Abuse

wow, reuters spirit from edwad123
how can i pay uin return ?

I know, i'll pray for all the huat here ... tomorrow say break 2.30 ?
:)

Posted by Warn3r > 2017-08-23 18:41 | Report Abuse

Oh 认错Edward了。So will the AR be announced tonight?

Btw thanks again Edward123

Posted by OOMMGG > 2017-08-23 19:59 | Report Abuse

Only prestar is out today.

Posted by 4444 > 2017-08-24 05:33 | Report Abuse

Why QR not out? Bad QR?

Posted by VenFx > 2017-08-24 07:39 | Report Abuse

Better it delay till 31/8/17
Wakaka

Posted by Warn3r > 2017-08-24 08:20 | Report Abuse

VenFx, why leh? Can spread out the cross spill-over efffect so that both Annjoo and Ssteel can prolong the uptrend? Or so that you have more time to accumulate?

Posted by mrcibaiii2 > 2017-08-24 09:11 | Report Abuse

this steel turning into tao fuu soon.

Posted by mrcibaiii2 > 2017-08-24 09:12 |

Post removed.Why?

Posted by Buybuybuy > 2017-08-24 09:12 | Report Abuse

Trading buy call 2.50. The good result as expected due to the strong demand from the buyer.

Posted by mrcibaiii2 > 2017-08-24 09:13 |

Post removed.Why?

Posted by VenFx > 2017-08-24 09:13 | Report Abuse

Too busy monitoring those girls.

Posted by mrcibaiii2 > 2017-08-24 09:15 | Report Abuse

down-lah. Keep on chasing for what.
Really greedy you all.

Posted by mrcibaiii2 > 2017-08-24 09:17 |

Post removed.Why?

Posted by mrcibaiii2 > 2017-08-24 09:19 |

Post removed.Why?

Posted by mrcibaiii2 > 2017-08-24 09:20 |

Post removed.Why?

Posted by Buybuybuy > 2017-08-24 09:23 | Report Abuse

Volume is picking up and expect the price to push above 2.10 today. Trading buy call 2.50

Posted by goodluck999 > 2017-08-24 10:12 | Report Abuse

good job ,southern steel .. going upward is the only direction ..this will continue till the release of upcoming quarterly result .. the result should be fantastically great ..

Posted by goodluck999 > 2017-08-24 10:15 | Report Abuse

just after my comment.. it up 2 cents till 2.11 directly hahaha

Posted by edward123 > 2017-08-24 10:16 | Report Abuse

Southern Pricing : (Morning) Maintain
Y16-32=Rm2470
Y10,12,Y40 &R10 =RM2620
R6,8,12,16,20&25=Rm2670 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2470
Y10,12,Y40 &R10 =RM2620
R6,8,12,16,20&25=Rm2670

Posted by OOMMGG > 2017-08-24 10:22 | Report Abuse

Edward, thanks for sharing.

Posted by Buybuybuy > 2017-08-24 10:25 | Report Abuse

The Ssteel buyers have to fight for the steel stock and local big projects(LRT and rail projects) are rolling up so expect the strong growth in the sector. Trading buy call 2.50. Target price 3.00

Posted by J Trader > 2017-08-24 10:36 | Report Abuse

Q4 21mil Hoorayyy.
25.5C EPS 2017^^
Huat ah.
More to come

Posted by Stock Kingdom > 2017-08-24 10:41 | Report Abuse

Who lets the dog out? Luckily it is lokap again, thanks i3 admin

Posted by yeekarwai 95 > 2017-08-24 10:57 | Report Abuse

crazy ssteel

Posted by ks5S > 2017-08-24 11:51 | Report Abuse

2.50 easily hit

Posted by ks5S > 2017-08-24 11:53 | Report Abuse

the weekly edge reported chin well is getting their raw material from southern steel to produce high quality product. Demand is strong.

Posted by leoting > 2017-08-24 12:11 | Report Abuse

Sure, previous Chin Well import wire rod from his sister company in China and Taiwan. The only solution now is buy locally and you can imagine how much volume that Chin Well needs.

Posted by leoting > 2017-08-24 12:15 | Report Abuse

Not only Chinwell, but those industry who fabricate car spring, fastener, wire drawing industry all have to source local since Malaysia is among the cheapest long steel suppliers in the world.

Posted by VenFx > 2017-08-24 12:39 | Report Abuse

Oh ! this is real nice

SexySteel SurewinSteel SoutheRnSteel

All The Way UpPPPPPPPPPPPPPP 3.50 :)

Posted by ks5S > 2017-08-24 12:42 | Report Abuse

with perwaja, megasteel , kinsteel all in trouble.... this will create shortage to steel supply. Top up with China environmental issue, steel industry is a good long-term play now. Buy and keep for long-term .

Posted by meistsk3134 > 2017-08-24 13:31 | Report Abuse

Hope it not same as alcom suddenly kaboom

Posted by VenFx > 2017-08-24 14:04 | Report Abuse

Alcom no even close with Ssteel dude.

Posted by ks5S > 2017-08-24 14:20 | Report Abuse

ssteel is run by hong leong group. Very different.

Posted by ks5S > 2017-08-24 15:00 | Report Abuse

i think ann joo and s.steel will merge just like the banking industry.
To make it attractive for share swap, ssteel share price must close with ann joo.... at least 3.00.
The merger will make them stronger once the import duty tax is lifted.
So, there is more upside for ssteel.

Posted by Warn3r > 2017-08-24 15:26 | Report Abuse

Does the share price of two companies need to be aligned (in the same vicinity) before a merger can take place? I've not heard of this concept before. Interesting. Mind explaining further?

Posted by ks5S > 2017-08-24 15:33 | Report Abuse

ann joo and ssteel nearly the same share issue (500 mil).
both also similar strong. If both side accept the merger, must 1: 1 swap. Both also win-win.

Posted by yeekarwai 95 > 2017-08-24 15:55 | Report Abuse

ssteel痴左线啊!

Posted by yeekarwai 95 > 2017-08-24 16:02 | Report Abuse

leoting大大，我还有ssteel的

Posted by Warn3r > 2017-08-24 16:17 | Report Abuse

Ks5S. I see. Thanks for your explanation.

Posted by VenFx > 2017-08-24 18:14 | Report Abuse

i feel very happy with masteel's slightly increase better performances during raya seasson still able to maintain both revenue and profit on the qtr17 vs qtr16 . (very positive sign)

Prospects
Strong international steel prices driven by tight s
upply of finished goods and increase of raw
materials costs have yet to be fully reflected in l
ocal steel prices. The local demand for steel
remains subdued while the roll out of many mega pro
ject is expected to only materialize in the
next few quarters.
The high price of imported steel together with incr
easing costs of raw materials present a
potentially conducive condition for the margins of
the Company's products to improve in the near
term.

furthur to notice :
Emetal & Lsteel has made similiar set of commendable results .

HUATTTTTTTTTTTTT RRRRRRRRRRRRRRRRRRR

Posted by Stock Kingdom > 2017-08-24 18:16 | Report Abuse

Masteel join the party now, ssteel will be the final one,

Posted by VenFx > 2017-08-24 18:27 | Report Abuse

If, 2.16 / 2.21 breakaway tomorrow

Wa beh hiao gong liaw xp

Posted by VenFx > 2017-08-24 18:56 | Report Abuse

Thanx,
Sorimachi bro,

Steel market on its mid bull, really strong with more visibility now .

Posted by notebook > 2017-08-24 19:25 | Report Abuse

look at the result. come on, say something.

Posted by lanjiolang > 2017-08-24 19:28 | Report Abuse

profit 5m only