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

edward123

243 posts

Posted by edward123 > 2017-12-18 10:35 | Report Abuse

Revised Announcement by Amsteel

18th Dec 2017
Southern Pricing : (Morning) Up Rm30/Mt
Y16-32=Rm2630
Y10,12,Y40 &R10 =RM2780
R6,8,12,16,20&25=Rm2830

dudu

220 posts

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

哗!一天调涨两次,价钱调涨的重点是 : 销量来了。。。之前价钱下跌,最怕的就是本地销量减少。现在疑虑消除了。Thank you Edward

azman123

351 posts

Posted by azman123 > 2017-12-18 12:42 | Report Abuse

sales price up, but share price kanasai down pulak

Save

863 posts

Posted by Save > 2017-12-18 14:21 | Report Abuse

Higher profit= Increased sales price X increased sales volume X reduced raw material/cost price

Posted by verhansolution > 2017-12-18 14:49 | Report Abuse

Slow down abit.. chance to top up more before too late...gogogo..

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-18 15:45 | Report Abuse

Write a comment..ssteel lag behind again!

nicky11

654 posts

Posted by nicky11 > 2017-12-18 17:07 | Report Abuse

Top up some ssteel stock. Personally feel the demand for steel is back which was reflected in ASP price

hebeds

117 posts

Posted by hebeds > 2017-12-18 17:34 | Report Abuse

1.97 jio u all buy dy u all wan cut loss, now rm2 plus only top up...

nicky11

654 posts

Posted by nicky11 > 2017-12-18 18:26 | Report Abuse

Hmm, I hold small amount ssteel since early of this year la.

Save

863 posts

Posted by Save > 2017-12-18 19:54 | Report Abuse

Technically SSteel MACD cross signal today, tomorrow may challenge mav50 at 2.20. Once crossing mav50 with huge volume and convincingly, MACD may also cross to positive zone and trigger buy signal within this few days.....target 2.70, hopefully in January, purely technical.....

Save

863 posts

Posted by Save > 2017-12-18 20:11 | Report Abuse

SSteel chart pattern similar to Lionind, playing catch up. Masteel and annjoo chart pattern better as MACD was in positive zone thus move early

Posted by wenlijianqinyun79 > 2017-12-19 08:04 | Report Abuse

Ssteel and Masteel rose two days .
Today might be correction mode, we may see below rm2.10.

edward123

243 posts

Posted by edward123 > 2017-12-19 09:21 | Report Abuse

19th Dec 2017
Southern Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850 (No Stock)

Amsteel Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850

Price gap btw China & Msia is Rm600/Mt based on today rates, therefore uptrend will still persist until the gap is within Rm300/mt.

Warn3r

792 posts

Posted by Warn3r > 2017-12-19 09:37 | Report Abuse

Thank you Edward.

Warn3r

792 posts

Posted by Warn3r > 2017-12-19 09:39 | Report Abuse

RM 2.15 is the EMA 50 level. Need to at least be standing on it for a couple of days before it can fly.

Guixiuluo

25 posts

Posted by Guixiuluo > 2017-12-19 09:49 | Report Abuse

hopeless

Save

863 posts

Posted by Save > 2017-12-19 09:56 | Report Abuse

now is time buy on dip

derrick37

14 posts

Posted by derrick37 > 2017-12-19 10:10 | Report Abuse

Now is good time to top up more before share price rise on coming days

hebeds

117 posts

Posted by hebeds > 2017-12-19 10:13 | Report Abuse

back to 1.98 or even lower......time to top up again...

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-19 10:28 | Report Abuse

why this ssteel hardly to up and easily to drops.

Tom

2,984 posts

Posted by Tom > 2017-12-19 10:32 | Report Abuse

因为你整天盯着股价

Posted by yeekarwai 95 > Dec 19, 2017 10:28 AM | Report Abuse

why this ssteel hardly to up and easily to drops.

s3eve

78 posts

Posted by s3eve > 2017-12-19 10:54 | Report Abuse

another whale entered

Primelife

336 posts

Posted by Primelife > 2017-12-19 11:15 | Report Abuse

Going to fly soon can tell

derrick37

14 posts

Posted by derrick37 > 2017-12-19 11:17 | Report Abuse

@yeekarwai 95 That is just minor stock adjustment due to market sentimental today, most stocks are facing the same situation too, however most people missed the discount price to top up as now price rises back

Vivian Hee

235 posts

Posted by Vivian Hee > 2017-12-19 11:17 | Report Abuse

did you buy at 2.06?

hebeds

117 posts

Posted by hebeds > 2017-12-19 11:27 | Report Abuse

stock price drop u all scare, up u all say aiya y no buy..now drop dy , u all should scare or buy? anyhow please set a cut loss rules, follow the rules, break or no break let god decide for u

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-12-19 11:32 | Report Abuse

Y drow below 2.10 wo.
Hold tight ma.
Kikiki... grab some below 2.10.

Save

863 posts

Posted by Save > 2017-12-19 11:46 | Report Abuse

Profit taking is well absorbed. Hope banking counters may lead KLCI up and steel counters may follow suit

Fortune

250 posts

Posted by Fortune > 2017-12-19 12:21 | Report Abuse

VenFx My advice is,     

Swap from this pitifully scunning counter to Steel player eg.   
Annjoo / Ssteel / Lionind / Masteel     
Can long fir another 1-2 years.    

13/12/2017 12:36    

hahaha... why venfx and deMusangking come to anzo barking and screw up everyone and promote his stock? shame on VenFx and deMusangking , gets stuck at others stock. make use of anzo investors to save them.   
we can see their motive now, what a low class investors, really low class investors. what a shame

Fortune

250 posts

Posted by Fortune > 2017-12-19 12:26 | Report Abuse

feel shame on invest attitudes and behaviour of deMusangking aka VenFx aka apolloang aka new acc fortunee ...

Fortune

250 posts

Posted by Fortune > 2017-12-19 12:28 | Report Abuse

anyway anzo already reach the bottom, can consider invest in anzo

Fortune

250 posts

Posted by Fortune > 2017-12-19 18:12 | Report Abuse

VenFx My advice is,           

Swap from this pitifully scunning counter to Steel player eg.   
Annjoo / Ssteel / Lionind / Masteel           
Can long fir another 1-2 years.          

13/12/2017 12:36          

VenFx   
buy GAMUDA-WE @$1.18 ,         
ignore that sorcai keep on comments same things with its fake IDS.        

Earn angpao at 1.29       

18/12/2017 23:05       


VenFx memang sudah gila, sendiri kena sangkut dekat counter di atas, datang anzo forum minta tolong. gila punya contra player. kalau tak percaya, boleh masuk forum tenguk... ramai yang tersangkut... ini cara nak mampuskan investors saja. buat malu semua investors dengan cara dia nak selamatkan diri sendiri dan menyusahkan orang ramai. gila punya contra player

VenFx

14,784 posts

Posted by VenFx > 2017-12-19 18:52 | Report Abuse

[ A WORD TO " tecpower aka hstha " & its Fake iDS ]

This liar has gone insanely .
Since i reveal his ill intention at ANZO when price traded at 0.300
(my previous record back earlier 3-4 monts, served as good evidences).

Stop your loser behavioral attitude ... by putting word into my mouth , u gain nothing .

i will continue to reveal for your fraud doing ... whenever is neccessary .
in the time being, i3 forumers getting to know WHAT illness intention u r trying to conduct may it present or in future.

MJ2006

5 posts

Posted by MJ2006 > 2017-12-19 18:55 | Report Abuse

Forward from other steel blog:
edward123 19th Dec 2017
Southern Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850 (No Stock)

Amsteel Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850

Price gap btw China & Msia is Rm600/Mt based on today rates, therefore uptrend will still persist until the gap is within Rm300/m

Save

863 posts

Posted by Save > 2017-12-19 20:10 | Report Abuse

Thanks @MJ2006. Bullish Malaysia steel price!
@wenlijianqinyun79. Your share price prediction is correct. Now 2.11 at mav20 and mav100

Save

863 posts

Posted by Save > 2017-12-19 20:12 | Report Abuse

thanks Edward123 for your effort

Posted by Daniel Thong Yee Yap > 2017-12-20 09:43 | Report Abuse

thanks MJ2006

edward123

243 posts

Posted by edward123 > 2017-12-20 11:36 | Report Abuse

20th Dec 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2650
Y10,12,Y40 &R10 =RM2800
R6,8,12,16,20&25=Rm2850

Price gap btw China & Msia is Rm600/Mt based on today rates, therefore uptrend will still persist until the gap is within Rm300/mt.

darkstar

589 posts

Posted by darkstar > 2017-12-20 13:50 | Report Abuse

Thanks Edward123

Chean Yeh

199 posts

Posted by Chean Yeh > 2017-12-21 15:09 | Report Abuse

@edward123, thank u for keep updating the data. Can i ask a stupid question? what is the meaning R and Y?

mrcbaiii

89 posts

Posted by mrcbaiii > 2017-12-21 15:11 | Report Abuse

edward... pls work overtime to update us during christmas holiday and new year day also.

we pay your OT later by saying Thank You.

Posted by investoroem > 2017-12-21 15:31 | Report Abuse

@ Cheah Yeh

High Tensile Reinforcing Bars

Y8 = 8mm
Y10 = 10mm
Y12 = 12mm
Y16 = 16mm
Y20 = 20mm
Y25 = 25mm
Y32 = 32mm

Mild Steel Bars

R6 = 6mm
R8 = 8mm
R10 = 10mm
R12 = 12mm
R16 = 16mm
R20 = 20mm
R25 = 25mm

edward123

243 posts

Posted by edward123 > 2017-12-21 16:26 | Report Abuse

Announcement
21st Dec 2017
Southern Pricing : (Afternoon) Up Rm40/Mt
Y16-32=Rm2690
Y10,12,Y40 &R10 =RM2840
R6,8,12,16,20&25=Rm2890 (No Stock)

Amsteel Pricing : (Morning) Up Rm40/Mt
Y16-32=Rm2690
Y10,12,Y40 &R10 =RM2840
R6,8,12,16,20&25=Rm2890

Price gap btw China & Msia is Rm500/Mt, still on uptrend

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-12-21 16:30 | Report Abuse

wa

edward123

243 posts

Posted by edward123 > 2017-12-21 16:34 | Report Abuse

Chean Yeh; Y = Yield Strength of the Bar, R= Round Bar.

edward123

243 posts

Posted by edward123 > 2017-12-21 16:37 | Report Abuse

MrCB, Xmas & NY is holiday for all steel mills therefore no updates.

nicky11

654 posts

Posted by nicky11 > 2017-12-21 16:51 | Report Abuse

Thanks for edward update. Hmm, steel price is strong now but not reflected in share price

Posted by Flytothesky > 2017-12-21 20:34 | Report Abuse

Giving chance to collect more tickets. Haven reflect on share price only.

Primelife

336 posts

Posted by Primelife > 2017-12-21 23:24 | Report Abuse

Yes some one is pressing down to collect...So cheeky

Collin Soo

894 posts

Posted by Collin Soo > 2017-12-22 17:38 | Report Abuse

Seller is become less. The price should be push up after Xmas.

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