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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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Post by retiredcfon Jun 11, 2021 9:18am

TD Notes

By increasing Major Drilling to 4.0%, it becomes our second highest weighted position in the materials sector in our small-cap model portfolio after Stelco Holdings Inc. (STLC-T, portfolio weight ...more  
Comment by dieter216on Jun 06, 2021 10:01pm

RE:RE:RE:Analyst Recommendation

Stelco CEO Kestenbaum is a Billionaire. Co founder of Bedrock. He has the resources. Very strong endorsement of where this company and stock is going if the CEO is willing to personally purchase an ...more  
Comment by fishcarrieron Jun 04, 2021 10:51am

RE:RE:Analyst Recommendation

I've heard Brian Madden before on Stelco. He doen't hold it, he said. Maybe to justify that he throws out the negative comments. I think we do realize that we don't know steel prices far ...more  
Comment by marsman1on Jun 04, 2021 9:23am

RE:Analyst Recommendation

I don't buy into his thesis on the company. Who knows what steel prices will be a year from now. What I do know is that the average analyst who covers the stock have a target of well into the $40& ...more  
Post by retiredcfon Jun 04, 2021 8:00am

Analyst Recommendation

A bit unusual as he spends the first part of the discussion throwing out some negative comments but then reverses position and says that it's an ideal company to own for the next 12 - 18 months ...more  
Post by retiredcfon Jun 03, 2021 8:15am

Upgrade

After reinstating coverage following completion of its recent secondary offering, BMO Nesbitt Burns analyst David Gagliano raised his target for Stelco Holdings Inc. (STLC-T) to $50 from $44 ...more  
Comment by retiredcfon Jun 03, 2021 7:48am

RE:Colin Stewart

Here's the link. GLTA Colin Stewart, CEO and portfolio manager of JC Clark Limited, joins BNN Bloomberg for his outlook on the TSX and its path to 20,000. He states Canadian equities are trading ...more  
Post by marsman1on Jun 02, 2021 6:28pm

Colin Stewart

of J C Clark investments  , a frequent guest on BNN , was asked today about Stelco. He said exactly what I keep saying. What are they going to do with all the money they are making ?  He of ...more  
Comment by fishcarrieron Jun 02, 2021 4:50pm

RE:RE:This price action

Agree entirely.  Just figured BMO is going to dump a lot of stock on the market today, so I sold my position. But then I bought it all back today. If Mr. Kestenbaum is willing to invest very ...more  
Post by extremeriskon Jun 02, 2021 4:31pm

Nucor trades at 5 times 2021 ebitda of $20 a share

2021 is already baked in.  Using Nucor as proxy Stelco should be 5 times ebitda of $22 for 2021.  That is $108 a share.  Very far away from that price. you don't day trade a stock ...more  
Comment by dieter216on Jun 02, 2021 2:48pm

RE:This price action

Agreed.... we will be seeing a major run up again soon, over $40 and by time early August rolls around we'll be looking back and saying remember when it traded below $33.00. They're going to ...more  
Post by marsman1on Jun 02, 2021 1:52pm

This price action

might take a day or two to wash itself out . Maybe good traders can trade it but for me it is not worth the risk of missing out on a big new uptrend which will happen. There is too much potential to ...more  
Comment by extremeriskon Jun 02, 2021 10:07am

RE:Well, that worked out pretty good

Trying to time this is tricky.  Like Nucor did Stelco can easily do a major stock buyback anytime.  $22 a share in ebitda and stock trades 33-34 is 1 1/2 times ebitda  I plan to just ...more  
Post by fishcarrieron Jun 02, 2021 9:56am

Well, that worked out pretty good

As the share price rose yesterday I sold off my stock, figuring the price would go down quite a bit today. It did, and I profited nicely. Once BMO sells off its many shares, share price should ...more  
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