Posted by Warn3r > 2017-01-26 13:53 | Report Abuse

Thanks for sharing your views. I guess the take-away is that the upcoming QR may or may not be as good as I wish but the subsequent QR will definitely be much much better if steel price can stay at the current sub RM 2.3-2.4k level.

Posted by MrPauper > 2017-01-26 14:11 | Report Abuse

If the current steel price can be sustained, it is relatively easy for Ssteel to achieve quarterly EPS of 10 - 12 cents

Posted by moneySIFU > 2017-01-26 16:22 | Report Abuse

hehe, someone is willing to let go at RM1.27 but without hurry.

Meanwhile, so many have also smartly & patiently buy slowly bit by bit everyday, including me. (¬‿¬)

Posted by MrPauper > 2017-01-27 10:32 | Report Abuse

moneySIFU, you can continue accumulating today. The operator is purposely throwing for free.. haha

Posted by moneySIFU > 2017-01-27 14:40 | Report Abuse

Yup, Mr Pauper, all Q at 1.24, 1.25 & 1.26 today filled, today quota full, will continue after CNY.... :)

Posted by Zai Zai > 2017-02-01 16:33 | Report Abuse

talk with one of the vvip
i throw him 2 question, this is the replied

Why borrowing increase?
Money spend to improve productivity by upgrade automation control

How to tackle natural gas hike?
Furnace in progress upgrading, less gas comsume

Posted by moneySIFU > 2017-02-01 16:38 | Report Abuse

I dare to dream SSteel to have 60mil profit, that will be about 13-14 cents in the QR 31/12/2016, let's hope no negative surprise

Posted by MrPauper > 2017-02-01 18:24 | Report Abuse

I just hope there won't be anymore inventories write off as previous 2 quarters. That would be good enough

Posted by Zai Zai > 2017-02-01 20:43 | Report Abuse

pauper, 141m is finish write off. i confirmed !

Posted by Albukhary > 2017-02-01 23:08 | Report Abuse

Zai Zai, last time you said you confirmed Ann Joo and SSteel wont merge.
Any reason made you to think so? Can share more info with us?

Posted by Zai Zai > 2017-02-02 00:38 | Report Abuse

Albukhary, they are competitor.
i can only inform you that
ssteel have his own plan to win again annjoo

Posted by Warn3r > 2017-02-02 08:59 | Report Abuse

Good morning guys. It's February now! We'll see the report very soon. It'll be good, the question is just how good. =]

Posted by ks5S > 2017-02-02 11:03 | Report Abuse

coming . Buy and keep.

Posted by leoting > 2017-02-02 22:29 | Report Abuse

感谢我们的弟兄提供的资料，
不确定他愿不愿意公开名字，
所以这里不公开它的名字。

长钢销售价,
从2016年9月尾稳定涨价直到
2017年2月。

22-9-2016 Ann Joo price :-
Y16-Y32 = 1,780
Y10-Y12, *R10*, Y40 = 1,930
Round Bar = 1,980
R6 subject to stock availability.
R12 no stock.
Must 30 Mt & above

26/9 SSM
1850 Y16-32
2000 Y10,12,40,R10
2050 R6,8,12,16,20

29.9.16
Y16-Y32 = 1880
Y10-Y12, *R10*, Y40 = 2030
Round Bar = 2080
R6 and R12 subject to stock availability.

Posted by leoting > 2017-02-02 22:31 | Report Abuse

21.10.16
1830 Y16-32
1980 Y10,12,40,R10
2030 R6,8,12

03.11.16 (SSM)
1860 Y16-32
2010 Y10,12,40,R10
2060 R6,8,12

10.11.16(Ann Joo)
Y16 - Y32 = RM1880.
Y10, Y12, Y40 & R10 = RM2030.
R6, R8, R12, R16 = RM2080.

10/11 (Ann Joo)
Y16 - Y32 = RM1930.
Y10, Y12, Y40 & R10 = RM2080.
R6, R8, R12, R16 = RM2130.

16/11 (Ann Joo & SSM)
Y16 - Y32 = RM2080.
Y10, Y12, Y40 & R10 = RM2230.
R6, R8, R12, R16 = RM2280.

28/11 Monday. (Ann Joo,SSM & Amsteel)
Y16 - Y32 = RM2160.
Y10, Y12, Y40 & R10 = RM2310.
R6, R8, R12, R16 = RM2360.

29/11 (ANN JOO & SSM)
Y16 - Y32 = RM2200.
Y10, Y12, Y40 & R10 = RM2350.
R6, R8, R12, R16 = RM2400.

30/11 (Ann Joo & SSM)
Y16 - Y32 = RM2230.
Y10, Y12, Y40 & R10 = RM2380.
R6, R8, R12, R16 = RM2430.

1/1/17
1.RM2340(Y16,Y20,Y22,Y25,Y28,Y32)
2.RM2490(Y10,Y12,R10,Y40)
3.RM2540(R6, R8,R12,R16)

Ann Joo
Bar price today 16.01.17
RM 2280/mt - Y16 to Y32
RM 2430/mt - Y10, Y12, Y40 & R10
RM 2480/mt - R6, R8
R12 temporary no stock

2/2/17
1.RM2290(Y16,Y20,Y22,Y25,Y28,Y32)
2.RM2440(Y10,Y12,R10,Y40)
3.RM2490(R6, R8,R12,R16)
02/02/2017 20:36

Posted by Albukhary > 2017-02-02 23:09 | Report Abuse

WealthWizard, are you still on CNY Holiday leave?
We are waiting for your report, hope can see you publish it as soon as possible.

Posted by moneySIFU > 2017-02-04 11:03 | Report Abuse

Thank you, leoting, the prices shared by you are consistent with rebar prices listed at MITI's weekly newsletter.

Posted by moneySIFU > 2017-02-04 11:05 | Report Abuse

Just added another 10k shares @ RM1.29 on Friday

Posted by Johnnys > 2017-02-05 20:23 | Report Abuse

Look Like result will out soon.

Posted by Johnnys > 2017-02-05 20:25 | Report Abuse

Dragon or snake, will know soon, just be patients.

Posted by mbs7633 > 2017-02-05 20:46 | Report Abuse

Previous QR has write-off of inventories more than 20 mil. Is this sleeping dragon or just a worm, we will know it very soon as QR will release in this week I think.

Buy or bye, better make your decision now.

Posted by ks5S > 2017-02-05 21:41 | Report Abuse

Buy. Snake turn into dragon.

Posted by ks5S > 2017-02-06 10:58 | Report Abuse

dragon coming

Posted by moneySIFU > 2017-02-06 11:01 | Report Abuse

Aiya, why so hurry buy, someone just sapu 100k for RM1.32,

Only managed to add in another 10k this morning.

Posted by moneySIFU > 2017-02-06 11:03 | Report Abuse

If the management can't deliver good result following the increase of 30% rebar price during the Quarter period Oct to Dec 2016, then all can just jump off from the roof of their factory. :)

Posted by ks5S > 2017-02-06 11:04 | Report Abuse

i think mr quek sapu as he may want to privatise it.

Posted by ks5S > 2017-02-06 11:10 | Report Abuse

80 lots of 1.33 will be disappear in one second

Posted by ks5S > 2017-02-06 11:25 | Report Abuse

let's enter the dragon

Posted by ks5S > 2017-02-06 11:27 | Report Abuse

today can close at 1.37

Posted by moneySIFU > 2017-02-06 11:27 | Report Abuse

Yup, saw that, so today no chance to add more already.

Posted by ks5S > 2017-02-06 11:28 | Report Abuse

this week will break 1.40 .... the dragon is chasing the phoenix (ann joo).

Posted by ks5S > 2017-02-06 11:30 | Report Abuse

this dragon is very horny

Posted by moneySIFU > 2017-02-06 11:31 | Report Abuse

hahaha

Posted by Zai Zai > 2017-02-06 11:31 | Report Abuse

just wait announcement if the deal is successful, ssteel can easily win over annjoo

Posted by ks5S > 2017-02-06 11:31 | Report Abuse

the dragon going to mate with the phoenix soon

Posted by moneySIFU > 2017-02-06 11:31 | Report Abuse

happy

Posted by ks5S > 2017-02-06 11:34 | Report Abuse

slow-slow dragon.... man-man lai.... drink some tongkat ali first.

Posted by ks5S > 2017-02-06 11:35 | Report Abuse

the phoenix already naked prepare for the dragon to enter.

Posted by ks5S > 2017-02-06 11:36 | Report Abuse

the dragon overshoot.
try again second round.

Posted by ks5S > 2017-02-06 11:37 | Report Abuse

the dragon long time never shoot. Cannot blame the dragon.
Have to overhaul his rifle.

Posted by 张天师买股票 > 2017-02-06 11:56 | Report Abuse

好！又一个明日之星，跟对的人做对是事情，加油！

Posted by thinking > 2017-02-06 13:08 | Report Abuse

At attractive risk-reward level!

Posted by hooi > 2017-02-06 13:15 | Report Abuse

ann joo 2.40 , ssteel should be at least 1.80.
Super undervalued.

Posted by Ramada > 2017-02-06 15:06 | Report Abuse

ANNJOO share price has rebound from 0.62 to 2.47 but SSTEEL just from 0.69 to 1.43. This is NOT FAIR since SSTEEL previous quarterly result is better than ANNJOO.

At least 1.80 lah.

Posted by Equityengineer > 2017-02-06 16:53 | Report Abuse

Nav is 1.78 and there QR just posted positive during last quarter . Another 2 more quarter positive can be turnaround for the company . Most investor are still cautious with next Q and the. It should goes up catch up with An joo.

Posted by MrPauper > 2017-02-06 17:18 | Report Abuse

Great closing ! Wait SSTEEL to breach 1.43 ! And then we will skyrocket to the moon !

Posted by gabriel1985 > 2017-02-06 17:36 | Report Abuse

I tumpang my sifus here, moneySIFU and Wealth Wizard. Just hope no negative surprise on last quarter then it would be good to all of us.

Posted by MrPauper > 2017-02-07 12:21 | Report Abuse

Haha, you can sell the 5 lots @ 1.35 to bring up the price again and dispose the odd lots at the same time, killing 2 birds with a stone. By the way, seems like it is alternative day play between ANNJOO and SSTEEL now.

Posted by moneySIFU > 2017-02-07 12:59 | Report Abuse

Because I have to pay min brokerage commission of RM28 for every transactions, I have to buy at least 5,000 shares or at least share value of RM6,666, in order to make the commission lowest for every share purchase.

Posted by moneySIFU > 2017-02-07 13:02 | Report Abuse

There was one day I didn't realise that someone sold me 1,100 shares only, making my cost per share I purchased ridiculously high, nearly pengsan that day :(