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Bullboard - Stock Discussion Forum Stelco Holdings Inc STZHF


Primary Symbol: T.STLC

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge... see more

Bullboard (TSX:STLC)

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Comment by fishcarrieron Jun 21, 2021 8:11am

RE:Analyst Comment

I didn't see the interview. But JZ is a cagey investor. Some time ago, when SNC Lavelyn fell steeply, he bought into it. Not because he saw a great future there, but because the stock had become ...more  
Comment by Blueswinon Jun 19, 2021 9:42pm

RE:strange trading

I was thinking the same thing. The 2 million purchase was probably for the index. The futures prices for the next 7 months look very hopeful with Jan. 2022 on the low end at $1390. These are just ...more  
Post by marsman1on Jun 19, 2021 4:36pm

strange trading

The stock traded about 2 mil shares in the last couple of minutes on friday. Are the sellers done selling? should be interesting on Monday as the stock goes into the TSX Index. Index buying? As for ...more  
Post by retiredcfon Jun 19, 2021 2:26pm

Analyst Comment

As can be seen, the SP was up prior to these comments. Zechner is pretty risk adverse. As an example, he made similar comments about LSPD although it had a good day yesterday. GLTA https://www ...more  
Post by marsman1on Jun 18, 2021 10:00am

Dear Alan Kestenbaum

The few analysts that follow Stelco , are bulish on the future for the company. Everything seems to be in place for a much higher stock price and yet the stock is languishing at theese levels. My long ...more  
Comment by fishcarrieron Jun 17, 2021 5:02pm

RE:RE:Wild Ride

Dieter, I like your numbers. Let me try to do one better. If in Q2 they are selling their steel at roughly double the price, that would add $675M if they ship the same tonnage. Assume the tax on that ...more  
Comment by dieter216on Jun 16, 2021 4:43pm

RE:Wild Ride

Q.1 Adjusted net income was $155 Mill, expecting Q.2 to be double that, maybe as high as $400mill. Q.3 numbers will be even stronger with HRC now selling at $1,600us/ton, Stelco is booked out thru 3rd ...more  
Comment by dieter216on Jun 16, 2021 4:29pm

RE:RE:RE:RE:RE:Playing games

No that's when Q.2 results will be released, will be Stellar... I wouldn't want to be bought out at $50 a share at this point.
Post by Blueswinon Jun 16, 2021 11:33am

Wild Ride

Ok I jumped in this morning at $34.05 & I have put my seat belt on. The analysts seem very positive on the stock & it will be interesting what there numbers are for Q2. Thank you to all those ...more  
Post by retiredcfon Jun 16, 2021 11:15am

BNN Link

Notable Calls: Cruise stocks, Amazon and Stelco Holdings https://www.bnnbloomberg.ca/video/notable-calls-cruise-stocks-amazon-and-stelco-holdings~2223235
Post by extremeriskon Jun 16, 2021 10:04am

Pandemic after effect

Because of pandemic and after affects.  Build up demand, stimulus spending consumer desire to spend steel prices will remain elevated. using the Nucor multiple I would put Stelco value at $105 ...more  
Post by marsman1on Jun 16, 2021 9:21am

THE BOTTOM LINE

nOBODY , INCLUDING kESTENBAUM AND HIS BILLIONS , BUYS A HUGE AMOUNT OF STOCK (6.5 MILLION SHARES) TO LOSE MONEY. hE KNOWS EXACTLY WHAT HE'S GOT WITH STELCO. sOMETHING IS GOING TO HAPPEN. wE HAVE ...more  
Comment by retiredcfon Jun 16, 2021 9:02am

RE:JP Morgan

JP Morgan analyst Michael Glick initiated coverage of Stelco Holdings Inc. (STLC-T) with an “overweight” rating and $54 target, exceeding the $43.38 average.
Comment by fishcarrieron Jun 16, 2021 8:49am

RE:RE:RE:RE:RE:Playing games

August 11, or thereabouts, STLC will disclose 2nd Q results. They should be impressive. Last Q results were very good and stock shot up a lot. Next Q, they should be so good, stock should shoot up ...more  
Post by retiredcfon Jun 16, 2021 8:47am

JP Morgan

BNN just reported that JPM have come out with a bullish report and a $54.00 target. GLTA
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