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

hng33

20,474 posts

Posted by hng33 > 2017-09-27 11:48 | Report Abuse

sold back ssteel at 2.23-2.26, cut loss, free up capital

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 12:18 | Report Abuse

Ha ha ha
Uptrend resume backlah

nicky11

654 posts

Posted by nicky11 > 2017-09-27 12:20 | Report Abuse

After 5 days dropped, finally it turn green.

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 12:20 | Report Abuse

Will touch 2.40 soon

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 12:49 | Report Abuse

oil overheated.
now back to heat up the steel.

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 14:44 | Report Abuse

don't so shy-lah.
Go wallop the share now !!!!!!!!!!!!!!!!!!!!!!!!

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 14:45 | Report Abuse

tomorrow 2.40
wallop now !!!!!!!!!!!!!!!!!!1

Momozaza

87 posts

Posted by Momozaza > 2017-09-27 14:46 | Report Abuse

2.29, sounds good

hng33

20,474 posts

Posted by hng33 > 2017-09-27 15:10 | Report Abuse

sold off all balance ssteel at 2.30, lock narrow loss, free up all balance capital

Rukawa

126 posts

Posted by Rukawa > 2017-09-27 15:40 | Report Abuse

2.50 I bought, down to 2.17-2.19 yesterday I bought even more, and at current level you ask me I will still buy. For those who wanna let go faster do so, people wanna earn big money asking for shares on your hand. Those who want to make big money follow my advice hold for further surge. like I said before they have to collect as much as they can before Nov.

Rukawa

126 posts

Posted by Rukawa > 2017-09-27 15:43 | Report Abuse

I give tip never ask for money one. Not like those blind followers pay money for tips then kena played by "sifu" for trading trick, sifu aim for short term trading gain and he already sold before telling you guys to do so, you all still sohai pay so much listen to so called tips.

alexisbeh

38 posts

Posted by alexisbeh > 2017-09-27 16:12 | Report Abuse

Hi Rukawa, can have your email, want to learn from you about China stock:)

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 16:32 | Report Abuse

hng sell, i buy

edward123

243 posts

Posted by edward123 > 2017-09-27 17:14 | Report Abuse

Bro Rukawa u r really an expert in stock by leveraging all ur stock to make a substantial gain by Nov.....

2.50 I bought, down to 2.17-2.19 yesterday I bought even more, and at current level you ask me I will still buy. For those who wanna let go faster do so, people wanna earn big money asking for shares on your hand. Those who want to make big money follow my advice hold for further surge. like I said before they have to collect as much as they can before Nov.

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 17:14 | Report Abuse

this is red bull.
won't die.

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 17:20 | Report Abuse

rukuwa.... sounds like japanese name. Luckily you don;t harakiri when s.steel going down.

Rukawa

126 posts

Posted by Rukawa > 2017-09-27 18:45 | Report Abuse

Harakiri? I was excited than anyone else when seeing panic selling, you have no idea how much stock I have bought yesterday. I just pity those weak players get flushed out easily by operator, that's why I am shouting here yesterday at least to get you guys hold for a while but I do understand it doesn't really help cause I understand weak players mindset and the game played by 庄家。

antidebt

453 posts

Posted by antidebt > 2017-09-27 18:48 | Report Abuse

rukawa is the best . Stock god.

Rukawa

126 posts

Posted by Rukawa > 2017-09-27 18:53 | Report Abuse

And I don't even have any feeling when I see Today rebound. You think I am happy? It's just a game. You know the rules, you follow the rules and the outcome is already predicted. I told you the surge will be higher, if you believe you hold it, if not just sell, your decision won't make any difference to this game. Even the xxx followers keep selling since last week you can see it won't change anything in this game. I give my advice here because I am just too free these few days while having my vacation, after this week I will be back to my busy life again.

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 20:25 | Report Abuse

tomorrow it will test to break 2.40

Yew Fei

118 posts

Posted by Yew Fei > 2017-09-27 20:34 | Report Abuse

Lol ,Rukawa u very rich ..HAHA

MrPauper

1,031 posts

Posted by MrPauper > 2017-09-27 21:20 | Report Abuse

Rukawa, what do you do in China?

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 21:41 | Report Abuse

rukawa is jack ma ???
jack ma taking over s.steel ?

ks5S

4,601 posts

Posted by ks5S > 2017-09-27 21:46 | Report Abuse

tomorrow ssteel gap up.
everyone rushing to buy. This time will break new high.

ks5S

4,601 posts

Posted by ks5S > 2017-09-28 09:13 | Report Abuse

buy... don't think so long. Just press BUY
later you will regret once it move to 2.40 and all the way to 2.50

ks5S

4,601 posts

Posted by ks5S > 2017-09-28 09:15 | Report Abuse

also don't sell so fast. No need so kan cheong.
next quarter got 4 cents dividend.

edward123

243 posts

Posted by edward123 > 2017-09-28 09:41 | Report Abuse

27th Sept 2017

Southern Pricing : (Morning) Maintain
Y16-32=Rm2600
Y10,12,Y40 &R10 =RM2750 (Quota) 20% out of total PO
R6,8,12,16,20&25=Rm2800 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2600
Y10,12,Y40 &R10 =RM2750(do not have sufficient stock)
R6,8,12,16,20&25=Rm2800

ks5S

4,601 posts

Posted by ks5S > 2017-09-28 09:53 | Report Abuse

OMG..... OTB AND THE GANG JOIN BACK

ks5S

4,601 posts

Posted by ks5S > 2017-09-28 09:57 | Report Abuse

i think this time the gang will push to 2.50 soon.

edward123

243 posts

Posted by edward123 > 2017-09-29 09:59 | Report Abuse

28th Sept 2017 Market for Rebar is soft at the moment but not for long as China started to shut down Billets plant starting 25th Sept to 25th Oct 2017.

Southern Pricing : (Morning) Down RM40/Mt
Y16-32=Rm2560
Y10,12,Y40 &R10 =RM2710 (Quota) 20% out of total PO
R6,8,12,16,20&25=Rm2760 (No Stock)

Amsteel Pricing : (Morning) Down Rm40/Mt
Y16-32=Rm2560
Y10,12,Y40 &R10 =RM2710(do not have sufficient stock)
R6,8,12,16,20&25=Rm2760

Pirates

24 posts

Posted by Pirates > 2017-09-29 10:24 | Report Abuse

@edward123 @leoting How do you think FBMKLCI breaching support will affect SSTEEL and the steel market?

edward123

243 posts

Posted by edward123 > 2017-09-29 10:58 | Report Abuse

Bro Pirates, its normal when there is a war looming at our side of the world , there is some effect at the moment but for only a short while, IB is gathering as much as they can by taking advantages of the situation

Pirates

24 posts

Posted by Pirates > 2017-09-29 12:06 | Report Abuse

@edward123 thanks for the explanation bro. Would you happen to remember the range of steel prices from April - July?

edward123

243 posts

Posted by edward123 > 2017-09-29 13:03 | Report Abuse

Bro Pirates, Price is from RM 2350 drop to RM1900/Mt by end June( where China increase from RM2100 to RM2500/Mt) during this April to July, this is due to price war in local market between the steel millers.

Pirates

24 posts

Posted by Pirates > 2017-09-29 15:42 | Report Abuse

Thanks a lot edward

edward123

243 posts

Posted by edward123 > 2017-10-02 10:03 | Report Abuse

2nd Oct 2017

Southern Pricing : (Morning) Maintain
Y16-32=Rm2560
Y10,12,Y40 &R10 =RM2710 (Quota) 20% out of total PO
R6,8,12,16,20&25=Rm2760 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2560
Y10,12,Y40 &R10 =RM2710(do not have sufficient stock)
R6,8,12,16,20&25=Rm2760

Posted by WarrenColdeye > 2017-10-02 15:59 | Report Abuse

Hi guys, i an looking for 3mm carbon steel plate. I have called many steel suppliers but all out of stock. Anyone here can supply or know where i can get this?

paktua73

18,357 posts

Posted by paktua73 > 2017-10-03 15:52 |

Post removed.Why?

kevin008

1,360 posts

Posted by kevin008 > 2017-10-03 16:26 | Report Abuse

refer to annual rpt/qtr rpt,ANNJOO export to S'pore, SSTEEL to ASEAN, MASTEEL to Oceania countries
So masteel benefit more loh

gwansoo

307 posts

Posted by gwansoo > 2017-10-03 16:31 | Report Abuse

SSteel
Bangladesh, Brunei, Hong Kong, Indonesia, Japan, Philippines, Singapore, Taiwan, Thailand, Vietnam, USA, Canada, Papua New Guinea
4%

leoting

516 posts

Posted by leoting > 2017-10-04 00:35 | Report Abuse

This year, Australia bought from all Big 4.....

ks5S

4,601 posts

Posted by ks5S > 2017-10-04 07:17 | Report Abuse

Australia property boom. Sp setia; uem sunrise all invest in australia

kevin008

1,360 posts

Posted by kevin008 > 2017-10-04 09:31 | Report Abuse

ecoworld and osk also invest in australia

edward123

243 posts

Posted by edward123 > 2017-10-04 10:15 | Report Abuse

3rd Oct 2017

Southern Pricing : (Morning) Drop RM40/Mt
Y16-32=Rm2520
Y10,12,Y40 &R10 =RM2670
R6,8,12,16,20&25=Rm2720 (No Stock)

Amsteel Pricing : (Morning) Drop RM60/Mt
Y16-32=Rm2500
Y10,12,Y40 &R10 =RM2650
R6,8,12,16,20&25=Rm2700

Price war is coming again(same scenario during April to June) local steel millers killing each other again.

ming

2,088 posts

Posted by ming > 2017-10-04 11:52 | Report Abuse

So stock reload back?
See sufficient stock and no more quota policy.

VenFx

14,784 posts

Posted by VenFx > 2017-10-04 15:45 | Report Abuse

Recover Steadily from 2.18 , Nice

edward123

243 posts

Posted by edward123 > 2017-10-05 09:08 | Report Abuse

Bro Warren Cold Eye, my stockist have 3mm mild steel plate, do u need this? if yes wat is ur requirement? Std size or u need special length.....?

edward123

243 posts

Posted by edward123 > 2017-10-05 09:17 | Report Abuse

4th Oct 2017

Southern Pricing : (Morning) Drop RM40/Mt
Y16-32=Rm2480
Y10,12,Y40 &R10 =RM2630
R6,8,12,16,20&25=Rm2680 (No Stock)

Amsteel Pricing : (Morning) Drop RM20/Mt
Y16-32=Rm2480
Y10,12,Y40 &R10 =RM2630
R6,8,12,16,20&25=Rm2680

Price war is coming again(same scenario during April to June) local steel millers killing each other.

STC1136

977 posts

Posted by STC1136 > 2017-10-05 15:43 | Report Abuse

2480 seems ady same as Aug Pricing.....Up in one month drop in one week

Posted by WarrenColdeye > 2017-10-05 16:36 | Report Abuse

Hi Edward123, thanks. I have already found the plate 2 days ago.. thanks for your help

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