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

lkwah86

259 posts

Posted by lkwah86 > 2017-11-29 15:05 | Report Abuse

+3% as of now, a bit disappointed

myongcc5

708 posts

Posted by myongcc5 > 2017-11-29 15:28 | Report Abuse

Rebar prices rising fm RMB4290.67/MT on 23/11 to RMB4490.67/MT yesterday (28/11)

myongcc5

708 posts

Posted by myongcc5 > 2017-11-29 15:36 | Report Abuse

Direct conversion will read: MYR2664/mt to MYR2788.81/mt

MYR1 : RMB1.61

Our local ASP will follow!

Posted by Crazyrenoma > 2017-11-29 16:12 | Report Abuse

CHEAP CHEAP SALES> WAHAHAHAHAAHAHHAHA

Wing23

415 posts

Posted by Wing23 > 2017-11-29 16:27 | Report Abuse

why no power up?

vimediac

121 posts

Posted by vimediac > 2017-11-29 16:28 | Report Abuse

fahmi why still no up?

Lvde

80 posts

Posted by Lvde > 2017-11-29 16:28 | Report Abuse

really bad market, one of the best qr announced among companies, yet only 3% up

ks5S

4,601 posts

Posted by ks5S > 2017-11-29 16:47 | Report Abuse

Fahmi... you must yell SELL , then this counter will go up.

Chean Yeh

199 posts

Posted by Chean Yeh > 2017-11-29 16:48 | Report Abuse

i now damn hate masteel, up almost 15% the next day and maintain until now...

Posted by smartInvestor1 > 2017-11-29 16:50 | Report Abuse

today market rebound many stock also start rebound 381stock .. but steel counter good result also drop

ks5S

4,601 posts

Posted by ks5S > 2017-11-29 16:56 | Report Abuse

man-man lai go up
don't so fast.
sikit -sikit lama lama jadi bukit

darkstar

589 posts

Posted by darkstar > 2017-11-29 18:12 | Report Abuse

its value will surface soon

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-29 22:19 | Report Abuse

ohhhhh,rebar rise to RMB4600 per ton!!!

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-30 10:23 | Report Abuse

outstanding QR and steel price increase not even lift the price up.
No idea.

Warn3r

792 posts

Posted by Warn3r > 2017-11-30 10:29 | Report Abuse

Today price is down again. I find this interesting. Sit for a week then I’ll see again.

hng33

20,488 posts

Posted by hng33 > 2017-11-30 11:10 | Report Abuse

bought Ssteel at 2.23

windcloud

1,393 posts

Posted by windcloud > 2017-11-30 11:26 | Report Abuse

Support Ssteel ..... this few months average price is around 2.25 ...... the only thing is wait for next push ..... TP is around 2.80-3.00 in between ...... Need to wait for better market sentiment and funds in, maybe in somewhere December ...... Need to hold maybe at least 2 weeks .....

Good luck all.

Posted by investoroem > 2017-11-30 11:30 | Report Abuse

Time to accumulate

darkstar

589 posts

Posted by darkstar > 2017-11-30 12:16 | Report Abuse

this is extremely weird

veln82k6

914 posts

Posted by veln82k6 > 2017-11-30 13:07 | Report Abuse

Market extremly bearish...

Posted by Crazyrenoma > 2017-11-30 13:26 | Report Abuse

SELLLLL........... WAHAAHAHAHAHAHAHH

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-11-30 14:48 | Report Abuse

wa,2.20

darkstar

589 posts

Posted by darkstar > 2017-11-30 15:34 | Report Abuse

2.20 wow!

Posted by hueyshiuan21 > 2017-11-30 15:45 | Report Abuse

cheap sale

Posted by hueyshiuan21 > 2017-11-30 15:45 | Report Abuse

bought some at 2.20

Posted by Flytothesky > 2017-11-30 17:38 | Report Abuse

Those who bought at tocp yesterday will be crying now..

VenFx

14,784 posts

Posted by VenFx > 2017-11-30 18:49 | Report Abuse

Why is Big gun retreating ?
Sharing the same fate with Lion ...

Scratching my head

Posted by investoroem > 2017-11-30 22:37 | Report Abuse

Short term contra players caught & burned this time

Posted by leslieroycarter > 2017-12-01 13:12 | Report Abuse

Dec will b a dull month....

huahtai98

770 posts

Posted by huahtai98 > 2017-12-01 17:35 | Report Abuse

Dont try to predict short term price movements....market prices can become extremely undervalued and vice versa at times. This has been and had been the case throughout the history of stock markets the world over. So be patient people....have trust in yourselves first....nothing beats fundamentals over time...do always remember this.

huahtai98

770 posts

Posted by huahtai98 > 2017-12-01 17:37 | Report Abuse

Sorry....correction...
over time nothing beats fundamentals

occa888

38 posts

Posted by occa888 > 2017-12-01 17:42 | Report Abuse

realizing profit and going away for holidays, come again at Q2-Q3

Albukhary

3,039 posts

Posted by Albukhary > 2017-12-02 01:21 | Report Abuse

冷眼大师的座铭:-

没成长,不要买
有成长,不要卖
成长长,长持有
成长短,短持守

简简单单的16个字,看起来很容易,要领悟不简单,要运用有难度,要坚持更加难。

darkstar

589 posts

Posted by darkstar > 2017-12-02 08:48 | Report Abuse

反向+成长+时间=财富

Collin Soo

894 posts

Posted by Collin Soo > 2017-12-03 11:03 | Report Abuse

With good Q3 result, I hope the share price will break previous high 2.58 on Dec.

hng33

20,488 posts

Posted by hng33 > 2017-12-04 09:38 | Report Abuse

bought more ssteel at 2.10

Warn3r

792 posts

Posted by Warn3r > 2017-12-04 09:38 | Report Abuse

Down to RM 2.10.
The sky is the darkest right before dawn.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-04 10:10 | Report Abuse

can anyone tell me what happen?
just wake up but see most.of the atock.suffer a big drop

hebeds

117 posts

Posted by hebeds > 2017-12-04 10:28 | Report Abuse

market is very bad....some are singing bear is coming

Johnmajor

260 posts

Posted by Johnmajor > 2017-12-04 10:29 | Report Abuse

profit taking.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-04 10:31 | Report Abuse

Never go up,how profit taking?

Eason Tee

48 posts

Posted by Eason Tee > 2017-12-04 10:37 | Report Abuse

Gov announces gdp achieves 6.2% of growth, economy is good, average income is high, but how come stock market is sluggish (sarcasm)

gcke

1,359 posts

Posted by gcke > 2017-12-04 11:31 | Report Abuse

There are several factors in play:
1.Property sector sluggish- a lot of overhang of newly built units.
2.Mega projects roll-out slow.Waiting for post GE14.
3.Federal Reserve Board,USA on target to increase their monetary rate.If that happens more outflow of foreign funds from our local equity market?
4.Presently,Bursa caught in the bearish mode.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-04 11:44 | Report Abuse

But steel price fucking bulliah.
haiz

huahtai98

770 posts

Posted by huahtai98 > 2017-12-04 13:40 | Report Abuse

Markets can become very irrational at times.....either can happen.....
IRRATIONALLY EXUBERANT OR
IRRATIONALLY DEPRESSED
The latter seems to be the case right now....creating opportunities every now and then.

ks5S

4,601 posts

Posted by ks5S > 2017-12-04 19:19 | Report Abuse

china rebar steel price

Commodity Sectors Price Date
Rebar Steel 4776.67 2017-12-03
Rebar Steel 4776.67 2017-12-02
Rebar Steel 4776.67 2017-12-01
Rebar Steel 4744.67 2017-11-30
Rebar Steel 4593.33 2017-11-29
Rebar Steel 4490.67 2017-11-28

hng33

20,488 posts

Posted by hng33 > 2017-12-05 09:11 | Report Abuse

bought last batch ssteel at 2.08-2.09

Albukhary

3,039 posts

Posted by Albukhary > 2017-12-05 09:16 | Report Abuse

Tatyang Liew, where are you refer for the 62mil?
Look at the annual report, SSTEEL trade receivable is very healthy.

Albukhary

3,039 posts

Posted by Albukhary > 2017-12-05 09:17 | Report Abuse

Edward bro, looking forward for you to update the steel price.
It seem like China steel price increase non-stop, did Malaysia follow?

VenFx

14,784 posts

Posted by VenFx > 2017-12-05 09:18 | Report Abuse

Tatyang bro,
Hmmm this seem new to me.

Might the Boss would reignite the privatize program ?

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