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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

Comment by marsman1on Oct 23, 2021 8:47am
181 Views
Post# 34040411

RE:RE:RE:S&P/TSX Composite Index Analyst Estimates

RE:RE:RE:S&P/TSX Composite Index Analyst EstimatesI guess we are not reading the same analytics Fishcarrier. I am showing 8 out of 9 analysts have a buy or strong buy . anyway of more intrest to me is that the short position is now 1.2 million down from 1.6 million , BUT still 1.2 million! 1.2 million with earnings to come in a couple of weeks . If the company beats the earnings projections , as I expect , and if they announce anything else that is positive , as I expect , the stock is going to have a big run. There are only 3 reasons to buy a stock. Earnings , Dividends , or a buyout . We all know the earmings will be great. I think Alan will give a large special dividend to keep everybody happy , and a buyout is a wild card. The stock was 50 and then steel came off a little which combined with the "talking heads" all saying that steel cant stay this high forever , caused the stock to now be selling at 43. I think steel stays around here or goes up for a while ,  (china ,politics and a  reoping trade again) and that combined with my 3 reasons for owning any stock , says to me that the stock will go over 50 in the next couple of weeks.
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