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

Sorimachi

59 posts

Posted by Sorimachi > 2017-09-11 13:36 | Report Abuse

Thank you Edward bro

zexon

330 posts

Posted by zexon > 2017-09-11 13:43 | Report Abuse

Steel price still trading at high price...Really Huat liao this time!!!

zexon

330 posts

Posted by zexon > 2017-09-11 13:53 | Report Abuse

七月份malaysia钢铁出口数据破新高!!现在马来西亚的钢铁业做大了!!

zexon

330 posts

Posted by zexon > 2017-09-11 13:58 | Report Abuse

Leo,路边社的消息得到证实,七月全部钢铁出口类别总额比一月多了50巴仙。

Johnnys

759 posts

Posted by Johnnys > 2017-09-11 13:59 | Report Abuse

Zexon, where can find the data?

zexon

330 posts

Posted by zexon > 2017-09-11 14:25 | Report Abuse

Matrade website

zexon

330 posts

Posted by zexon > 2017-09-11 20:36 | Report Abuse

Quoted from myinvesting at Annjoo i3 forum

China's August steel exports reduced by 440,000 MT or 6.3% compared to July. Guess who will make up the supply in the region?

生意社09月11日讯 (China)
据海关统计,2017年8月份我国出口钢材652万吨,较上月减少44万吨,同比下降32.99%;进口钢材99万吨,较7月增加1万吨,同比下降10.81%;1-8月累计出口钢材5447万吨,同比下降28.5%;累计进口钢材877万吨,同比增长0.8%。1-8月我国钢材净出口同比减少2176万吨。

Posted by bursainvest12 > 2017-09-11 20:45 | Report Abuse

no wonder SSteel today so so while others continue to rally.

55880955

679 posts

Posted by 55880955 > 2017-09-11 20:55 | Report Abuse

Time to sell and take profit.

zefftan

173 posts

Posted by zefftan > 2017-09-11 23:15 | Report Abuse

July Malaysia metal exports hit 3.03 billion ringgit
June - 2.8 billion ringgit
July 2016 - 2.25 billion ringgit

Albukhary

3,047 posts

Posted by Albukhary > 2017-09-12 07:04 | Report Abuse

Today will marching to RM2.40 again.

edward123

243 posts

Posted by edward123 > 2017-09-12 08:36 | Report Abuse

11th Sept 2017

Southern Pricing : (Morning) Maintain
Y16-32=Rm2620
Y10,12,Y40 &R10 =RM2770
R6,8,12,16,20&25=Rm2820 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2620 (only certain size have)
Y10,12,Y40 &R10 =RM2770(do not have sufficient stock)
R6,8,12,16,20&25=Rm2820

edward123

243 posts

Posted by edward123 > 2017-09-12 08:38 | Report Abuse

Dear All bros, thanks for the concern as was busy with my wife ops and taking care of her therefore no time to update in time.

John Lu

5,187 posts

Posted by John Lu > 2017-09-12 08:39 | Report Abuse

Edward sifu..thanks for your great effort please take good care of your wife...hopes she speedy recover. Take care

55880955

679 posts

Posted by 55880955 > 2017-09-12 11:16 | Report Abuse

steel overheated.
now start to melt

smartsing

54 posts

Posted by smartsing > 2017-09-12 11:21 | Report Abuse

Start party now..

Posted by smartInvestor1 > 2017-09-12 11:25 | Report Abuse

profit taking only la. up 20% drop 2% ok la...
See what Banker want to do .. remember to buy cheaper and lower.

antidebt

453 posts

Posted by antidebt > 2017-09-12 12:11 | Report Abuse

Time to sell

KONG88

55 posts

Posted by KONG88 > 2017-09-12 12:16 | Report Abuse

SELL SELL SELL

edward123

243 posts

Posted by edward123 > 2017-09-12 12:52 | Report Abuse

Selling is short term investor only, if you are a mid/long term pls hold on until Nov then u will reap more profit......

bonbon

181 posts

Posted by bonbon > 2017-09-12 13:04 | Report Abuse

Overheated already, need time to cold down. Adjustment is always happened when many retailer are over optimistic and rushing into it.

zenmaster

62 posts

Posted by zenmaster > 2017-09-12 16:20 | Report Abuse

SSteel warehouse ready stocks clearing very fast. Cantik!! Their wire rod is hot selling item

Posted by hillsixtynine > 2017-09-12 17:58 | Report Abuse

Tomorrow can up lagi ka? Or should sell?

edward123

243 posts

Posted by edward123 > 2017-09-13 08:31 | Report Abuse

12th Sept 2017

Southern Pricing : (Morning) Maintain
Y16-32=Rm2620
Y10,12,Y40 &R10 =RM2770
R6,8,12,16,20&25=Rm2820 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2620 (only certain size have)
Y10,12,Y40 &R10 =RM2770(do not have sufficient stock)
R6,8,12,16,20&25=Rm2820

edward123

243 posts

Posted by edward123 > 2017-09-13 08:32 | Report Abuse

13th Sept 2017

Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2620 (only certain size have)
Y10,12,Y40 &R10 =RM2770(do not have sufficient stock)
R6,8,12,16,20&25=Rm2820

voonyoke

1,036 posts

Posted by voonyoke > 2017-09-13 08:40 | Report Abuse

Thanks Edward. Rebar steel price is new high almost everyday.

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-09-13 09:22 | Report Abuse

voonyoke...can provide link where to get rebar price chart? Tq

Yew Fei

118 posts

Posted by Yew Fei > 2017-09-13 12:32 | Report Abuse

Anyone know why ssteel pe is lowest compare to it peer ?

Yew Fei

118 posts

Posted by Yew Fei > 2017-09-13 12:38 | Report Abuse

Yup thx for ur word , be patient ! Cause ssteel have high visibility of earning in next quater , but share price was lagging unlike masteel and lionind

godhand

1,954 posts

Posted by godhand > 2017-09-13 12:39 | Report Abuse

look at it 3-6 months later. already calculated

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 12:43 | Report Abuse

Rebar Price Chart:
https://www.lme.com/Metals/Ferrous/Steel-Rebar#tabIndex=2

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 12:44 | Report Abuse

from 1st July todate, already up about 25%

elvingan

243 posts

Posted by elvingan > 2017-09-13 15:12 | Report Abuse

4 Q earn 40 sen x8 pe RM 3.20 TP o,...GOGOGO

zenmaster

62 posts

Posted by zenmaster > 2017-09-13 16:03 | Report Abuse

Hi May I know what are the unit rate to transport one tonne of scrap metal and finish good? Within Klang Area. And is the maximum capacity per trip?

edward123

243 posts

Posted by edward123 > 2017-09-13 16:43 | Report Abuse

zenmaster, u have to ask transport company about this not in this forum

leoting

516 posts

Posted by leoting > 2017-09-13 17:01 | Report Abuse

Amazing move......

KONG88

55 posts

Posted by KONG88 > 2017-09-13 17:11 | Report Abuse

belakang baru mari

Rukawa

126 posts

Posted by Rukawa > 2017-09-13 17:49 | Report Abuse

Looks like IB is accumulating before coverage report

leoting

516 posts

Posted by leoting > 2017-09-13 17:52 | Report Abuse

All long steel counters are undervalue diamonds!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-13 18:30 | Report Abuse

dun fool people. steel counter same as O

sinai7607

26 posts

Posted by sinai7607 > 2017-09-13 19:04 | Report Abuse

Steel baru nak mula rally menaik... Hmm... Beli ka tak mau beli ka.. U punya duit..

MrPauper

1,031 posts

Posted by MrPauper > 2017-09-13 19:40 | Report Abuse

meistsk3134, what you mean steel counter same as O?

MrPauper

1,031 posts

Posted by MrPauper > 2017-09-13 20:01 | Report Abuse

I see meistsk3134 keep jumping counters like alcom and pmetal and keep talk 3 talk 4.. Dunno how much has he earned by jumping around?

John Lu

5,187 posts

Posted by John Lu > 2017-09-13 20:26 | Report Abuse

Hoseh...ssteel TP RM4 mah

veln82k6

914 posts

Posted by veln82k6 > 2017-09-13 23:14 | Report Abuse

New high again steel price.. Go go go ssteel

Johnnys

759 posts

Posted by Johnnys > 2017-09-13 23:20 | Report Abuse

I don't know what to do, Bank keep ask me sell because more than 80% of my capital is Ssteel..... look like many ppl from bank want my ssteel ticket.

zenmaster

62 posts

Posted by zenmaster > 2017-09-13 23:25 | Report Abuse

@Johnnys , which banker ask you to sell? Can meh?

kongming1

74 posts

Posted by kongming1 > 2017-09-13 23:48 | Report Abuse

Johnnys. It is margin account? Impossible bank wil ask u sell if u r using cash account.

Johnnys

759 posts

Posted by Johnnys > 2017-09-13 23:57 | Report Abuse

kongming1, yes is margin acc.

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