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

Posted by smallinvestor88 > 2017-08-25 11:40 | Report Abuse

fully valued? haha
Based on PE, Annjoo more than 10, Masteel more than 9.5....and currently Ssteel not even reach 9

FYI: ssteel less than 10% of its share move in the market, and today only half day almost trade 1% of its share on the market

edward123

243 posts

Posted by edward123 > 2017-08-25 11:41 | Report Abuse

Look at the existing price before making any assumption:

OOMMGG

678 posts

Posted by OOMMGG > 2017-08-25 11:41 | Report Abuse

Edward thanks for your sharing

godhand

1,954 posts

Posted by godhand > 2017-08-25 11:42 | Report Abuse

definitely can collect cheaper than 2.00

VenFx

14,784 posts

Posted by VenFx > 2017-08-25 11:42 | Report Abuse

Hold Still , almost there ... kikiki

Sentiment recover next week ,,, fly again :)

edward123

243 posts

Posted by edward123 > 2017-08-25 11:43 | Report Abuse

Bro Sorimachi, operation loss due to SHRC, this is the main losses incurred last year after doing restructuring exercises.

Posted by leslieroycarter > 2017-08-25 11:44 | Report Abuse

Qtr result dropped too badly at negative (-) at 82.53% is no joking..... the little drop is considered a big consolation . But u must watch out for the rest of the week only can confirm whether it has stabilized.

VenFx

14,784 posts

Posted by VenFx > 2017-08-25 11:45 | Report Abuse

BE READY TO SAPUUUUUUUUUUU

leoting

516 posts

Posted by leoting > 2017-08-25 11:47 | Report Abuse

Finally break RM2500/MT resistance.....

Posted by leslieroycarter > 2017-08-25 11:50 | Report Abuse

Will there be a hard or soft landing?

VenFx

14,784 posts

Posted by VenFx > 2017-08-25 11:53 | Report Abuse

清洁了 Blink blink xp

CaiShenYe

232 posts

Posted by CaiShenYe > 2017-08-25 11:55 | Report Abuse

sold @ 2.02 bought @ 1.95, managed to average down my buying price to 1.57 @@

Posted by leslieroycarter > 2017-08-25 11:57 | Report Abuse

Hope not back to to 157/16o again.....hard luck for those holding tight....

paktua73

18,357 posts

Posted by paktua73 > 2017-08-25 11:57 |

Post removed.Why?

nicky11

654 posts

Posted by nicky11 > 2017-08-25 11:57 | Report Abuse

Because of RM2500/MT , I decide to add some at 1.93....

VenFx

14,784 posts

Posted by VenFx > 2017-08-25 12:02 | Report Abuse

Ssteel 今早 ,
洗牌 非常顺利 :)

paktua73

18,357 posts

Posted by paktua73 > 2017-08-25 12:02 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2017-08-25 12:03 |

Post removed.Why?

nicky11

654 posts

Posted by nicky11 > 2017-08-25 12:05 | Report Abuse

Our old friend: leslieroycarter is back.... Back to 1.57/1.60, lolz...

Posted by leslieroycarter > 2017-08-25 12:06 | Report Abuse

Anjoo n masteel performed better than ssteel . Dubious explaination for the below expectation qtr result giving rise to more questions than answers . Thus the confidence level sapped.

OOMMGG

678 posts

Posted by OOMMGG > 2017-08-25 12:07 | Report Abuse

Just let him to wait 1.57, we collect first

Warn3r

792 posts

Posted by Warn3r > 2017-08-25 12:16 | Report Abuse

RM 1.16 都陪你熬过了,这算是什么?
而且那时入口税还有不定因素,这次只是需要等笨蛋给洗盘而已。

OOMMGG

678 posts

Posted by OOMMGG > 2017-08-25 12:20 | Report Abuse

If you fear or confuse, 1.57 probably still expensive. If you understood and knew what happened, 1.9 can't say is best/ lowest entry point but is fair to collect some.

OOMMGG

678 posts

Posted by OOMMGG > 2017-08-25 12:23 | Report Abuse

warn3n, syabas!

nicky11

654 posts

Posted by nicky11 > 2017-08-25 12:23 | Report Abuse

Yes, during end of March17....SSteel price lowest dropped to 1.15 due to uncertainties but I still believe what leoting said and tahan it....Now the price at 1.9x due to 1 quarter poor result, I have no reason to sell as we already know the incoming steel sector is bright...

goodluck999

1,210 posts

Posted by goodluck999 > 2017-08-25 12:24 | Report Abuse

for your info.. only those who are stupid will doing the disposal by nw at range of 1.90 level.. now is time to buy more and more ..not to do the opposite.. bear in mind ..those who have faithfully followed my call since 1.20 level .. will know wat i mean .

goodluck999

1,210 posts

Posted by goodluck999 > 2017-08-25 12:25 | Report Abuse

great men think alike ..agreed with you, OOMMGG

Posted by leslieroycarter > 2017-08-25 12:26 | Report Abuse

The problem lies that the 2qtr reports proved that the co is going downhill
April qtr -12+% drop
Aug qtr -82+% drop
Nov qtr ?
Feb qtr ?
U can't do business in this way , there must be a limit to the drop but it becomes worst with coming qtr...unless u put a stop to that or else the confidence will be gone...

Posted by leslieroycarter > 2017-08-25 12:26 | Report Abuse

Other steel counters not affected....?

paktua73

18,357 posts

Posted by paktua73 > 2017-08-25 12:31 |

Post removed.Why?

OOMMGG

678 posts

Posted by OOMMGG > 2017-08-25 12:31 | Report Abuse

Leslie, if your puzzle is unsolved, you won't able to make any progress. Better not invest until you have solving the puzzle.

Posted by smallinvestor88 > 2017-08-25 12:42 | Report Abuse

Leslie, when u compare the result by QoQ, why not you compare the result for YoY as well?

Posted by leslieroycarter > 2017-08-25 12:43 | Report Abuse

The glittering no more...

Posted by leslieroycarter > 2017-08-25 12:50 | Report Abuse

Everyone r selling, so the price will speak the truth.

leoting

516 posts

Posted by leoting > 2017-08-25 13:09 | Report Abuse

Everyone are selling, then who buy all the ticket? Company are now laughing for the profit, time will show truth in short future.

Posted by Lau Teck Sing > 2017-08-25 13:23 | Report Abuse

人多的地方,还是少去。。。

goodluck999

1,210 posts

Posted by goodluck999 > 2017-08-25 13:28 | Report Abuse

leslie, OBVIOUSLY you dont knw how to invest?? the most important one is to have the ability of foreseeing the future prospect , not merely depending on historical data..

Posted by leslieroycarter > 2017-08-25 13:49 | Report Abuse

下了那么历害,不跑才怪呢!

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-25 13:53 | Report Abuse

You guys are wrong. Leslie might be the one being paid by people with interest to do all the unethical works (such as spreading wrong onfor and negative news so that people are selling to them at lower price

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-25 13:55 | Report Abuse

This leslie joker is not the first time appearing with misleading info.. Be ethical, joker

nicky11

654 posts

Posted by nicky11 > 2017-08-25 14:08 | Report Abuse

MrPauper, you are right...Since half years ago, on and off he will come to spread the false rumors.

kongming1

74 posts

Posted by kongming1 > 2017-08-25 14:16 | Report Abuse

Although it drops so much today but I stil keep it instead of selling to those jokers.
Jokers if wan my share, pls pay me high price to temp me sell to u.
Btw, thanks Leo n Edwards for keep sharing their knowledge n information.

Warn3r

792 posts

Posted by Warn3r > 2017-08-25 14:19 | Report Abuse

OOMMGG, cheers.

zexon

330 posts

Posted by zexon > 2017-08-25 14:19 | Report Abuse

http://news.mysteel.com/17/0825/09/87498C53FEA33760.html

宝钢股份上半年净利61.7亿

notebook

427 posts

Posted by notebook > 2017-08-25 14:22 | Report Abuse

yeah , classic shuiyu , up buy, down sell.

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-25 14:23 | Report Abuse

Besides, half day volume already more than 5m. You think everyone who bought previously sold off all their shares in a single sessiom?

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-25 14:25 | Report Abuse

When the price is not low enough, someone will throw more to push down the price to force more people to sell in panic. U want me to give u a lending hand?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-08-25 14:26 | Report Abuse

waiting at 1.50 today

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-25 14:28 | Report Abuse

Good, i will do my part to help you push down to 1.50. Make sure you dare to buy and able to absorb all

goodluck999

1,210 posts

Posted by goodluck999 > 2017-08-25 14:38 | Report Abuse

you must have sharp eyes like me in order to avoid confusion because of this kind of jerks

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