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Ssteel 5665南鋼趁低投资。



(吉隆坡16日讯)产品销量增加,带动南达钢铁(SSTEEL,5665 ,主板工业产品股)截至3月31日第三季净利按年增长63.99%,且派发每股3.5仙中期单层股息。
该公司第三季净赚5226万7000令吉或每股12.07仙,上财年同季为3187万2000令吉或7.54仙。



同时,营业额从6亿6591万令吉,按年上升43.17%,达9亿5337万令吉。
合计首9个月,净利按年激增1倍,达1亿7564万令吉或每股40.67仙。
营业额则上涨41.67%,达28亿956万令吉。
南达钢铁指出,虽然需求将在末季受到佳节而疲弱,但董事部预计,集团将会在本财年交出令人满意的业绩表现。


逆风围绕.钢铁领域复苏缓慢

Sinchew Tue, Aug 14, 2018 - 1 day ago


(图:法新社)
(吉隆坡13日讯)大马钢铁领域正迎来更多逆风吹袭,分析员预期该领域复苏将比预期缓慢。
MIDF研究表示,我国钢铁领域预期将受到来自贸易战的更多逆风。目前,市场已经消化贸易战争的风险,例如本地钢铁商出口到美国和欧洲的产品将被征收关税。
另一方面,中国建筑领域下滑,导致对钢铁需求不稳定。中国制造领域对钢铁的需求达3亿6000万公吨,占其60%全年消耗量,但因中国的环境健康和职业安全政策,该需求预计会进一步萎缩。
MIDF研究表示,在贸易战及美国和欧盟征收关税的消息大量涌入后,安裕资源(ANNJOO,6556,主板工业产品组)、利实镀钢 (LYSAGHT,9199,主板工业产品组)、南达钢铁(SSTEEL,5665,主板工业产品组)、CSC钢铁(CSCSTEL,5094,主板工业 产品组)、麦克伦钢铁(MYCRON,5087,主板工业产品组)和聚美钢铁厂(CHOOBEE,5797,主板工业产品组)均受到负面影响。
该行估计,这股趋势将持续,在2018财政年全球钢铁需求预计增长1.8%至16亿1610万公吨,而2019财政年因低需求而增长至16亿2670万公 吨,按年仅增0.7%。这显示我国钢铁厂出口需求降低,但大部份国内钢铁公司受日常开销成本和运营支出的影响,使该领域缺乏吸引力。
该行指出,政府重新推出销售税(SST)将给予建筑及钢铁领域一些喘息的空间。政府已宣布建筑材料及建筑建设不征销售税,建筑领域因此将暂时摆脱目前受项 目削减的冲击。钢铁和建筑领域是相互联系,因为钢铁业严重依赖建筑项目展开时的建筑材料需求。销售税将可让钢铁领域无任何额外成本,继续维持钢铁供应给建 筑领域。
MIDF表示,目前钢铁厂的产能仍维持在70%以上。全球贸易政策的变动下,全球需求放缓和本地钢铁厂成本结构,将继续令钢铁公司的需求受抑制。该行预计钢铁领域2018-2019财政年将受负面影响。
只是分享,投资自负。
http://www.sunsirs.com/uk/prodetail-927.html  螺纹钢4370rmb 了,ssteel買入于净利爆升前. 网友分享,参考一下。 windcloud Next week Ssteel will announce its last qtr result (ignore its court case with assumption this has been fully provision in accounts)

1) Compared to same qtr corresponding year, we notice that average selling price has picked up from 2nd half year 2017 until now, and although compared to previous qtr, there is single digit % dropped in revenue, but compared to same qtr previous FY, the average selling price is still better to cover the COGS, estimate revenue will be 840,000-880,000 in between.

2) Graphite electrode, the cost of this item is being diminished from its high, there should be some reduction on this purchase cost.

3) Bottomline, using 850,000 x 5% = 42,500 (M) AGAK AGAK for this qtr (assume no PPE written down). So total 4 qtr profit will be 218,000 (M). So annual EPS will be 218,000 / 433,642 = 0.50. Using PE 6, so the TP will be 3.00.

Now the price is 1.86, potential upward is about 61%. Besides, the steel price is still climbing upward coupled with the continuation of infra and mega building projects and exemption of SST on steel products, what you need to wait for ? Tomorrow first thing is to buy Ssteel.

You may miss the ride on Lionind, but don't forget there is another diamond for you to collect, there is Ssteel. Forget about Graphite Electrode cost, since average selling price is climbing up whereby graphite electrode cost is stepping down.

Remember ……. BUY SSTEEL BEFORE RESULT OUT





https://kongsenger.blogspot.com/2018/08/ssteel-5665_14.html
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