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

Collin Soo

894 posts

Posted by Collin Soo > 2018-01-08 16:32 | Report Abuse

downtrend or washing?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-01-08 16:34 | Report Abuse

chart still uptrending

bc8660

253 posts

Posted by bc8660 > 2018-01-08 17:02 | Report Abuse

Too slow as compare to other peers.

Albukhary

3,047 posts

Posted by Albukhary > 2018-01-09 09:13 | Report Abuse

Bro Edward, hope can see you come here to update the latest steel price.

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-01-09 09:27 | Report Abuse

whats wrong with ssteel

Posted by kokchengkai > 2018-01-09 10:03 | Report Abuse

profit taking la...yesterday tooo hot in KLSE ,almost 46 billion trade ler...

Posted by kokchengkai > 2018-01-09 10:31 | Report Abuse

wah suddenly offer

hebeds

117 posts

Posted by hebeds > 2018-01-09 10:31 | Report Abuse

2.19, wah, up none of his business, drop he sapu all the job, lolx

Albukhary

3,047 posts

Posted by Albukhary > 2018-01-09 10:38 | Report Abuse

Alamak, just loaded at RM2.24 this morning...
Shouldn't wake up so early.

edward123

243 posts

Posted by edward123 > 2018-01-09 10:41 | Report Abuse

Dear all Bro, ,price no change since a week ago, stable

edward123

243 posts

Posted by edward123 > 2018-01-09 10:43 | Report Abuse

To be in fact, time to collect as much as possible as ASP is above Rm2500/Mt for the last Qtr.

Posted by kokchengkai > 2018-01-09 11:02 | Report Abuse

afraid government change policy...suddenly remove the TAX protection mode

Albukhary

3,047 posts

Posted by Albukhary > 2018-01-09 11:06 | Report Abuse

Unlikely to change policy, because MITI policy normally quite stable and firm one.

hebeds

117 posts

Posted by hebeds > 2018-01-09 11:15 | Report Abuse

alliance steel big impact ? so fast ?

aslm

379 posts

Posted by aslm > 2018-01-09 11:17 | Report Abuse

alliance steel promised their products are for export only. That's why government agreed to let them operate in Malaysia.

Explorer2

17 posts

Posted by Explorer2 > 2018-01-09 11:28 | Report Abuse

Looks like a sick counter! About time for Tan Sri Q to reorganize the top management to prime up the share value..

life123

51 posts

Posted by life123 > 2018-01-09 12:06 | Report Abuse

even government removes the TAX protection mode, china steel already higher price than local steel la, haven't included transportation fee yet, and custom etc

Warn3r

792 posts

Posted by Warn3r > 2018-01-09 16:09 | Report Abuse

As long as market does not crash, I will walk with you every step of the way until RM 4. Hope I’m not crazy.

darkstar

589 posts

Posted by darkstar > 2018-01-09 17:41 | Report Abuse

Support

Albukhary

3,047 posts

Posted by Albukhary > 2018-01-10 08:19 | Report Abuse

进入2018年,钢铁、玻璃(1505, -2.00, -0.13%)、水泥等长期存在产能过剩的工业行业,即将迎来去产能、调结构的攻坚战。

  为巩固前期去产能成效,严禁钢铁、水泥和平板玻璃行业新增产能,2018年1月8日,工业和信息化部印发了《钢铁行业产能置换实施办法》(以下简称《办法》)、《水泥玻璃行业产能置换实施办法》,并自2018年1月1日起实施。

  1月9日,我的钢铁网资深钢铁分析师徐向春向21世纪经济报道记者指出,与此前2015年印发的版本相比,此次印发的修订版《办法》更加严格。例如,对钢铁业产能置换,文件明确,“地条钢”和落后产能等6类产能一律不得置换。

  “此文件的印发,也透露出一个信号,那就是2018年的钢铁等行业去产能的主基调没变,去产能的力度不会减弱。”徐向春称。

  严禁新增“地条钢”

  中国钢铁、玻璃等行业自2015年受大宗商品寒冬冲击陷入困境。2016年起国家开始对钢铁、煤炭、玻璃、水泥等产能过剩行业实施供给侧结构性改革。在钢铁等行业实施去产能等改革措施2年来,行业市场逐渐回暖,企业的经营效益也普遍向好。去产能目前已取得初步成效。

  以钢铁产业为例。自2016年初至今的2年来,钢铁业已累计完成去产能任务1.15亿吨,距钢铁业“十三五”规划“削减1亿吨-1.5亿吨”的上限——1.5亿吨目标仅剩数千万吨的规模。

  1月9日,中钢协副会长、冶金工业规划研究院院长李新创认为,此次文件出台说明去产能工作并不是一劳永逸的事情。今后的钢铁去产能要严守两条底线,其一是严控新增产能,其二则是严防“地条钢”死灰复燃。

  “在国家大力推进供给侧结构性改革、坚定不移化解钢铁过剩产能、三令五申严禁新增产能的背景下,产能置换是实现严禁新增产能和结构调整有机结合的重要手段。”李新创称。

  1月9日,工业和信息化部原材料工业司钢铁处处长徐文立指出,“明确哪些项目建设须实施置换是开展产能置换工作的前提,明晰用于置换的产能范围是做好产能置换工作的关键。新出台的《办法》对这些都做了进一步细化和明确,目的只有一个,就是严禁新增产能。”

  为了避免个别项目“钻空子”逃避置换新增产能,《办法》要求,无论建设项目属新建、改建、扩建还是“异地大修”等何种性质,只要涉及建设炼铁、炼钢冶炼设备,就须实施产能置换。简言之就是“只要建炉子、就要置换”。

  哪些是可以置换的产能范围?“对钢铁行业,简单来说,可用于置换的产能要同时满足‘1个必须、6个不得’的两大要求。”徐文立解释。

  其中,“1个必须”指用于产能置换的冶炼装备必须是国资委、各省级政府2016年上报国务院备案去产能实施方案的钢铁行业冶炼装备家底清单内的装备,或2016年及以后合法合规建成的冶炼设备。

  “6个不得”指:列入钢铁去产能任务的产能、享受奖补资金和政策支持的退出产能、“地条钢”产能、落后产能、在确认置换前已拆除主体设备的产能、铸造等非钢铁行业冶炼设备产能6类产能。这是“一票否决”项,触及其中任何一条都不能用于置换。

  对于置换比例,此次《办法》也进一步收严。例如,京津冀、长三角、珠三角等环境敏感区域置换比例要继续执行不低于1.25:1的要求,其他地区则由等量调整为减量置换。同时鼓励各地结合实际执行更严的置换比例,推进钢铁工业结构调整。

  “这个1.25:1,是指每建设1吨新产能,就必须关停退出1.25吨旧产能。”徐向春在采访中解释称。

  值得注意的还有,《办法》不仅对置换比例进行了收严调整,还强调“未完成钢铁总量控制目标的省(区、市),不得接受其他地区出让的产能。”

  此前,国务院对天津、河北、山东三省市提出了钢铁产能总量控制目标。有关地区可通过去产能和跨省区置换两条途径,实现区域总量的控制目标。

  以山东为例,山东省此前公布“十三五”期间要化解钢铁产能1500万吨。而2016年及2017年累计完成任务刚过半,2018年的去产能任务不轻松。

hebeds

117 posts

Posted by hebeds > 2018-01-10 10:03 | Report Abuse

taiwan steel company all up up up, malaysia different, wo men bu yi yang

Collin Soo

894 posts

Posted by Collin Soo > 2018-01-10 14:39 | Report Abuse

Lack of momentum..

s3eve

78 posts

Posted by s3eve > 2018-01-11 16:35 | Report Abuse

any exciting things happening for the rally to come back?

Posted by hanhui1991 > 2018-01-11 16:39 | Report Abuse

hope for higher steel price...

JayC

1,302 posts

Posted by JayC > 2018-01-12 10:25 | Report Abuse

hi, any update on current rebar prices? thank you

nicky11

654 posts

Posted by nicky11 > 2018-01-15 12:00 | Report Abuse

Recently this lot always open high and close low. It was pressed kao kao.

huahtai98

770 posts

Posted by huahtai98 > 2018-01-15 21:04 | Report Abuse

Why so quiet

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-01-16 09:15 | Report Abuse

This market is quite wrong!

nicky11

654 posts

Posted by nicky11 > 2018-01-16 09:23 | Report Abuse

Market prone to goreng the penny stocks with weaker fundamental. Pity for steel counters although we know they will post a good result soon.

nicky11

654 posts

Posted by nicky11 > 2018-01-16 09:25 | Report Abuse

By the way, long time no update about the steel price from Edward already. Edward are u here?

hebeds

117 posts

Posted by hebeds > 2018-01-16 09:25 | Report Abuse

Useless, sell, waste time

Huatar333

690 posts

Posted by Huatar333 > 2018-01-16 09:29 | Report Abuse

price no change

Huatar333

690 posts

Posted by Huatar333 > 2018-01-16 09:30 | Report Abuse

ppl just press down to collect

Huatar333

690 posts

Posted by Huatar333 > 2018-01-16 09:30 | Report Abuse

will shoot up soon

hng33

20,474 posts

Posted by hng33 > 2018-01-16 09:36 | Report Abuse

bought ssteel at 2.08

hng33

20,474 posts

Posted by hng33 > 2018-01-16 09:43 | Report Abuse

Accumulated last batch ssteel, all at 2.08

nicky11

654 posts

Posted by nicky11 > 2018-01-16 09:55 | Report Abuse

Top up some ssteel. Hopefully incoming quarter got dividends

Warn3r

792 posts

Posted by Warn3r > 2018-01-16 10:00 | Report Abuse

Although I said I’d be with you as long as the market doesn’t crash, it doesn’t mean you have to test my patience like this ba...

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-01-16 10:06 | Report Abuse

horrible.market sentiment.

Paper308

161 posts

Posted by Paper308 > 2018-01-16 10:37 | Report Abuse

bought another 300k nice

Paper308

161 posts

Posted by Paper308 > 2018-01-16 10:37 | Report Abuse

fa remain only market sentiments will rebound more worry

Paper308

161 posts

Posted by Paper308 > 2018-01-16 10:38 | Report Abuse

no worry

Warn3r

792 posts

Posted by Warn3r > 2018-01-16 11:59 | Report Abuse

Well. The EPS will come through but the market can keep the PE at an unfair level for a while... I hope I can live long enough to see this day where the PE is 10 or above.

huahtai98

770 posts

Posted by huahtai98 > 2018-01-16 21:11 | Report Abuse

Cyclical stock PE shd be 7 to 14.
Just ny 2 sen...PEACE

huahtai98

770 posts

Posted by huahtai98 > 2018-01-16 21:11 | Report Abuse

Sorry....my*

hng33

20,474 posts

Posted by hng33 > 2018-01-17 10:03 | Report Abuse

sold back some ssteel at 2.12, lock contra profit, free up capital

hng33

20,474 posts

Posted by hng33 > 2018-01-17 10:37 | Report Abuse

sold off all balance ssteel at 2.13-2.14, locked all contra prfot, free up balance capital

darkstar

589 posts

Posted by darkstar > 2018-01-17 18:06 | Report Abuse

wah so pandai

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