SOUTHERN STEEL BHD

KLSE (MYR): SSTEEL (5665)

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Last Price

0.55

Today's Change

-0.01 (1.79%)

Day's Change

0.545 - 0.58

Trading Volume

64,000


2 people like this.

4,664 comment(s). Last comment by Albukhary 5 days ago

Posted by Crazyrenoma > 2017-11-22 11:17 | Report Abuse

Hahaahahahaha. Malaysia do not have steel future la bro.

Yesterday i'm damm full.

njue76

471 posts

Posted by njue76 > 2017-11-22 13:13 | Report Abuse

Banyak kenyang woo

Max Yong

276 posts

Posted by Max Yong > 2017-11-22 13:16 | Report Abuse

Makan je la XD 2.19 situ Ada banyak lagi.

edward123

243 posts

Posted by edward123 > 2017-11-22 13:46 | Report Abuse

20th Nov 2017
Southern Pricing : (Morning) Down Rm20/Mt
Y16-32=Rm2350
Y10,12,Y40 &R10 =RM2500
R6,8,12,16,20&25=Rm2550 (No Stock)

Amsteel Pricing : (Morning) Down Rm20/Mt
Y16-32=Rm2350
Y10,12,Y40 &R10 =RM2500
R6,8,12,16,20&25=Rm2550

21st Nov 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2350
Y10,12,Y40 &R10 =RM2500
R6,8,12,16,20&25=Rm2550 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2350
Y10,12,Y40 &R10 =RM2500
R6,8,12,16,20&25=Rm2550

22nd Nov 2017
Southern Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2470 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2350
Y10,12,Y40 &R10 =RM2500
R6,8,12,16,20&25=Rm2550

edward123

243 posts

Posted by edward123 > 2017-11-22 14:11 | Report Abuse

ASP for this month still hovering around 2350+2500/2= 2425/mt

Posted by Crazyrenoma > 2017-11-22 14:48 | Report Abuse

HAHAHAHAHAHAAHWOWOWOWOWOWOWOWOWPAAMAMAMAMAAMMMAAMAMAMAMAMAM 60million profit also got ppl say.. hahahaha

Posted by Crazyrenoma > 2017-11-22 14:48 | Report Abuse

BUT HOPE ITS TRUEEEEEEE ~~~~~

edward123

243 posts

Posted by edward123 > 2017-11-22 14:53 | Report Abuse

Do u know the price of Wire Rod is around 2600/Mt , while the price of Hard Drawn Wire is Rm2800/Mt this month. Total tonnage for these 2 products is 60K Mt per mth and make a guess, how much do they earn then? since the cost of rebar and wire rod is the same......

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-22 15:01 | Report Abuse

steel futures up significantly

Posted by Calvin Lim > 2017-11-22 15:08 | Report Abuse

when QR out?

edward123

243 posts

Posted by edward123 > 2017-11-22 15:15 | Report Abuse

28th November after AGM

Posted by Crazyrenoma > 2017-11-23 09:43 | Report Abuse

WAAHAHAHAAHHAHAAH.. SEDAPPPPPP less than T3 make make lui jo

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-23 12:16 | Report Abuse

oo!ssteel dont sleep! catch up with lion and masteel!

bc8660

253 posts

Posted by bc8660 > 2017-11-23 13:47 | Report Abuse

Just sit tight, q result should out soon.

Posted by Mohd Fahmi Bin Jaes > 2017-11-23 13:48 |

Post removed.Why?

dalpinia

2,299 posts

Posted by dalpinia > 2017-11-23 14:42 | Report Abuse

Top up

thinking

101 posts

Posted by thinking > 2017-11-23 14:46 | Report Abuse

ssteel gotta catch up with lion and masteel, if not lose face...

dalpinia

2,299 posts

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

giving us chance to last buy callllllllllllllllll

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-23 18:21 | Report Abuse

Horrible Masteel!
Hope ssteel can achieve EPS 10SEN!

feimah

908 posts

Posted by feimah > 2017-11-23 20:14 | Report Abuse

the other steel king masteel QR super good.
ssteel pls don't disappoint us..

ming

2,084 posts

Posted by ming > 2017-11-23 20:15 | Report Abuse

Can we expecr better result since investory is higher?

Yew Fei

118 posts

Posted by Yew Fei > 2017-11-23 20:52 | Report Abuse

This time really huat liao

huahtai98

770 posts

Posted by huahtai98 > 2017-11-23 20:55 | Report Abuse

SSteel shd do much better than Masteel....has a far better goodwill value too compared to other steel companies.
My 2 sen worth...people.

engine168

43 posts

Posted by engine168 > 2017-11-24 09:36 | Report Abuse

Next week wednesday... Highest should break 2.7 only can beat masteel

ks5S

4,601 posts

Posted by ks5S > 2017-11-24 11:09 | Report Abuse

i told you all already... ssteel going to make 60 million and declare 4 cents dividend

today it will close at 2.32
once announce result, shoot to 2.50

don't let me repeat again, and again and again

BUYYYYYYYYYYYYYYYYYYYYYY

Warn3r

792 posts

Posted by Warn3r > 2017-11-24 12:20 | Report Abuse

Isn’t RM 2.50 a bit too low?

engine168

43 posts

Posted by engine168 > 2017-11-24 12:27 | Report Abuse

historical high revenue and profit cant break historical high price 2.58, dun laugh die me la ks5s. masteel easily up 20% today open market, ssteel cincai 15%... b4 announcement, price should back to 2.4, 15% jadi 2.75... my assumption is very polite thinking.... if i rude rude wana break 2.8 pun cincai cincai punya pasal....

engine168

43 posts

Posted by engine168 > 2017-11-24 12:28 | Report Abuse

assumption also so little, how to achieve big??? lets aim for 3..... haha... lets party... baby....

ks5S

4,601 posts

Posted by ks5S > 2017-11-24 12:47 | Report Abuse

oklah... let me greedy a bit
target price 4.00

derrick37

14 posts

Posted by derrick37 > 2017-11-24 13:41 | Report Abuse

today is the golden opportunity to accumulate more before qr release

darkstar

589 posts

Posted by darkstar > 2017-11-24 15:18 | Report Abuse

the real steel

engine168

43 posts

Posted by engine168 > 2017-11-24 15:20 | Report Abuse

Buy more, gain more.... 买Toto,中多多。。。这粒,买多多,中多多。。。

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-24 18:07 | Report Abuse

oo,ANNJOO announce EPS 9sen!!!

bc8660

253 posts

Posted by bc8660 > 2017-11-24 18:54 | Report Abuse

Aiya why QR still not out.

Chean Yeh

199 posts

Posted by Chean Yeh > 2017-11-24 22:02 | Report Abuse

relax, let ssteel rise more then qr will come out XD

engine168

43 posts

Posted by engine168 > 2017-11-24 22:22 | Report Abuse

Ssteel seems like having the best result.... 好料沉底。。。Target price is break 3...

ks5S

4,601 posts

Posted by ks5S > 2017-11-24 22:31 | Report Abuse

so little only meh ? Must tp 4.00

Rukawa

126 posts

Posted by Rukawa > 2017-11-25 00:00 | Report Abuse

From the other big 3 reports, we can easily predict SSteel revenue will be around 800m. You guys can foresee a very good result from SSteel by next Tuesday, stay tuned!

Rukawa

126 posts

Posted by Rukawa > 2017-11-25 00:08 | Report Abuse

If you are amazed by Masteel result, don't forget SSteel is having higher price range products compared to Masteel (operating cost about the same). With its revenue level, you can imagine how much profit it can make. Not to mention next quarter will even more exciting as raw materials dropped 15-28% from peak while selling price remain the same or even higher towards end of the year and 1H 2018.

Albukhary

3,039 posts

Posted by Albukhary > 2017-11-25 13:07 | Report Abuse

ks5S, if SSTEEL break RM4.00, you come and look for me, I belanja you nice food. Haha...

smartsing

54 posts

Posted by smartsing > 2017-11-25 17:16 | Report Abuse

If break Rm 4. i Cut it off.

huahtai98

770 posts

Posted by huahtai98 > 2017-11-25 17:22 | Report Abuse

4 not so fast....talk 3 first
4 probably after CNY....subject to stellar performance and better dividends.
Haha...not so easy but achievable...be patient people...this thing takes time...ok?

cheated

999 posts

Posted by cheated > 2017-11-25 17:58 | Report Abuse

Why QR not out share can jump?

derrick37

14 posts

Posted by derrick37 > 2017-11-25 18:34 | Report Abuse

The share price rise due to expected excellent incoming QR, buy now before it's too late

Up_down

4,346 posts

Posted by Up_down > 2017-11-27 10:26 | Report Abuse

Risk is getting higher for Ssteel after going through Anjoo & MAsteel GP....delay in QR announcement...@@

MrPauper

1,031 posts

Posted by MrPauper > 2017-11-27 10:51 | Report Abuse

What is the problem of releasing quarter result late has to do with a bad performance? And is the result really delayed beyond the allowable timeframe?

MrPauper

1,031 posts

Posted by MrPauper > 2017-11-27 10:54 | Report Abuse

Last quarter result was announced on 24 August, so considered as delayed or not ya? But the result was pretty so-so only. What's your take on this?

aslm

379 posts

Posted by aslm > 2017-11-27 10:56 | Report Abuse

the result will be released after tomorrow AGM..

Posted by investoroem > 2017-11-27 11:00 | Report Abuse

@Up_down
This coming quarter announcement for Ssteel normally made during annual report day which had been fixed on 28/10/17. It is common knowledge.

Up_down

4,346 posts

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

investoroem. my mistake in QR announcement...Hope it GP returns to 14% level...

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