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

veln82k6

914 posts

Posted by veln82k6 > 2017-11-27 12:25 | Report Abuse

Profit should be around 10m

Save

863 posts

Posted by Save > 2017-11-27 16:19 | Report Abuse

QR should be good. Hints (1) price depressed one day before QR released. Expectation is not as high as lionind and Annjoo, thus room for price to be appreciated. (2) previous quarter QR is not good due to accounting method, delayed "previous quarter" profit should be showed in this quarter.
Anyone agree?

angkokann

705 posts

Posted by angkokann > 2017-11-27 16:22 | Report Abuse

Walau eh...600 counters down, what are your expectation with such Malay market

Save

863 posts

Posted by Save > 2017-11-27 16:32 | Report Abuse

Tomorrow or next Tuesday may test 1700-1660 before rebound. Chinese say: 置之死地而后生。 Foreign fund start buying slowly.

Collin Soo

894 posts

Posted by Collin Soo > 2017-11-27 17:41 | Report Abuse

Today bought in at 2.30 and hope for good QR like Masteel or Annjoo.

Albukhary

3,047 posts

Posted by Albukhary > 2017-11-28 11:02 | Report Abuse

Looking for Edward to update the latest steel price, see whether it got increase in tandem to China steel price.

Save

863 posts

Posted by Save > 2017-11-28 11:09 | Report Abuse

Anyone attending AGM can brief us? Thanks in advance

Save

863 posts

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

oh. AGM in the afternoon

ming

2,088 posts

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

china steel price very bull.. hopefully

edward123

243 posts

Posted by edward123 > 2017-11-28 12:47 | Report Abuse

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 : (Afternoon) Up Rm20/Mt
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2520

23rd Nov 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2470 (No Stock)

Amsteel Pricing : (Afternoon) Maintain
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2570

24th Nov 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2570 (No Stock)

Amsteel Pricing : (Afternoon) Maintain
Y16-32=Rm2370
Y10,12,Y40 &R10 =RM2520
R6,8,12,16,20&25=Rm2570

27th Nov 2017
Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600 (No Stock)

Amsteel Pricing : (Afternoon) Up Rm30/Mt
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600

28th Nov 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600 (No Stock)

Amsteel Pricing : (Afternoon) Maintain
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600


Pricing is on the Uptrend

aslm

379 posts

Posted by aslm > 2017-11-28 12:52 | Report Abuse

thank you brother edward!
Hopefully SSTEEL will deliver fantastic report on this evening.

Albukhary

3,047 posts

Posted by Albukhary > 2017-11-28 13:31 | Report Abuse

Wow... Thanks Edward.

Albukhary

3,047 posts

Posted by Albukhary > 2017-11-28 13:35 | Report Abuse

Anyone attend the AGM? Can help me to ask 3 question:-

1) Can the management update the latest development of the HRC Plant? Actually what is the issue and why it goes wrong? What is the solution now while pending court to decide the case?

2) Does the management consider to have bonus issue?

3) Since property market has slow down, how much it has impact SSTEEL business?

darkstar

589 posts

Posted by darkstar > 2017-11-28 15:02 | Report Abuse

sliding down. bad news?

Albukhary

3,047 posts

Posted by Albukhary > 2017-11-28 15:04 | Report Abuse

Start to drop.. bad news from AGM?
Anyone can update here...

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-28 15:04 | Report Abuse

suddenly.big drop?

thinking

101 posts

Posted by thinking > 2017-11-28 15:06 | Report Abuse

wah lau...

Posted by steplady86 > 2017-11-28 15:10 | Report Abuse

dropping....

manji

223 posts

Posted by manji > 2017-11-28 15:11 | Report Abuse

Lousy chairman. questions also ans dunno

manji

223 posts

Posted by manji > 2017-11-28 15:12 | Report Abuse

Albukhary 1. cant tell 2. will look into it. cant tell/ dunno 3. dunno

duckoil

14 posts

Posted by duckoil > 2017-11-28 15:15 | Report Abuse

so manji anything special?

edward123

243 posts

Posted by edward123 > 2017-11-28 15:19 | Report Abuse

Hi Bro Manji, who is the chairman for this AGM?

manji

223 posts

Posted by manji > 2017-11-28 15:20 | Report Abuse

ringgit appreciate good? dunno. any future plan ? dunno. QR result will be similar to other 3 long steel co

Save

863 posts

Posted by Save > 2017-11-28 15:20 | Report Abuse

Wah, these answers are not professional and friendly to investors

edward123

243 posts

Posted by edward123 > 2017-11-28 15:21 | Report Abuse

is it Mr.Chow Chong Long?

aslm

379 posts

Posted by aslm > 2017-11-28 15:22 | Report Abuse

manji you sure or not? Please don't simply spread rumous.


manji ringgit appreciate good? dunno. any future plan ? dunno. QR result will be similar to other 3 long steel co
28/11/2017 15:20

Posted by Flytothesky > 2017-11-28 15:23 | Report Abuse

similar to other 3 long steel?? all 3 have different results.. 2 gap down 1 gap up next day.. which 1 will happen tmr?

manji

223 posts

Posted by manji > 2017-11-28 15:25 | Report Abuse

the man with white hair...

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 15:25 | Report Abuse

tomorrow fly

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 15:27 | Report Abuse

try to scare the market. Later push up like rocket.

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-11-28 15:28 | Report Abuse

Sure fly

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-28 15:29 | Report Abuse

where is HL management?since they are biggest shareholders

Posted by Cristianohou > 2017-11-28 15:31 | Report Abuse

be patient to wait for another 2 hours then can know the result.

mjsim

67 posts

Posted by mjsim > 2017-11-28 15:32 | Report Abuse

avoid risk, wait qr, if good buy on retrace, if not as expected, buy low or avoid, dont put so much expectation on 1 single QR, investing is a marathon

Posted by Flytothesky > 2017-11-28 15:32 | Report Abuse

fly to holland? lol

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 15:35 | Report Abuse

manji .. .does the chairman ask you to fark off ?

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 15:38 | Report Abuse

does someone throw a shoe to the chairman ?

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 15:39 | Report Abuse

just now someone throw 92 lots,
now someone buy 92 lots.

hebeds

117 posts

Posted by hebeds > 2017-11-28 15:40 | Report Abuse

save bullets......good or bad, tonite we noe

manji

223 posts

Posted by manji > 2017-11-28 15:44 | Report Abuse

Chairman also said company doing minimum export. single digit of percentage.

KLCI King

3,220 posts

Posted by KLCI King > 2017-11-28 15:44 | Report Abuse

SSteel looked promising all the time but always under-performed

KLCI King

3,220 posts

Posted by KLCI King > 2017-11-28 15:45 | Report Abuse

Annjoo result so so only, don't expect too much

bc8660

253 posts

Posted by bc8660 > 2017-11-28 16:10 | Report Abuse

Why suddenly drop? QR result out liao?

kimi21

88 posts

Posted by kimi21 > 2017-11-28 16:12 | Report Abuse

Sell Sell Sell...tmr buy at 2.00

kimi21

88 posts

Posted by kimi21 > 2017-11-28 16:14 | Report Abuse

this quarter eps 4.8 sen only? anyone confirm?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-28 16:18 | Report Abuse

who telly you?

Posted by Yu Gia Chang > 2017-11-28 16:19 | Report Abuse

4.8 eps, where u heard from?

cosline87

19 posts

Posted by cosline87 > 2017-11-28 16:22 | Report Abuse

4.8c is about 20mil only

ks5S

4,601 posts

Posted by ks5S > 2017-11-28 16:32 | Report Abuse

OMG... PROFIT 60 MILLIONS.
4 CENTS DIVIDEND

Save

863 posts

Posted by Save > 2017-11-28 16:33 | Report Abuse

accepting if really 4.8c, QoQ positive, YoY positive

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