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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, crown, and shape control, as well as uniform through-coil mechanical properties. The Company’s steel products are supplied to customers in the steel service center, construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States. It operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.


TSX:STLC - Post by User

Post by forkliftguyon Nov 23, 2020 1:32pm
796 Views
Post# 31953507

Market Call Call pick November 23, 2020

Market Call Call pick November 23, 2020
It is nice to see  "   Extremerisk  "  on this chat site .  We were both contributors to the Torstar chat site .  Torstar was the worst investment that I ever made . I kept loading up as it got lower and lower and lost enough for a nice new BMW car .  Interestingly , I seem to buy a lot of value stocks that are owned by Fairfax Financial . It really is a coimcidence .  Fortunately I never bought Reitmans which went bankrupt .  My current holdings include Blackberry , Resolute Forest Products and Stelco , all of which  Fairfax has a large position at much higher prices .  Which  brings us to Stelco . It is doing everything right . Sales and profits will be up substantially in 2021 .  I think it will happen soon that Stelco is added to various Canadian stock indexes .  The guest on Market Call is predicting Thirty Dollars a share within 2 years .  I can easily see that along with dividends along the way . I'm holding as a long term investment .  A very nice job from their management  , something I vever said about the Torstar management group .







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