Post by
forkliftguy on Jun 29, 2021 4:59pm
What I would like
What I would like to see with Stelco going forward In Order , 1) Get an NYSE listing . That way analysts in the U.S. will compare it to Nucor and others . 2) Sell off the excess Real Estate that they have been talking about , 3 ) Use excess cash flow and the funds from the Real Estate sale , to make an accretive aquisition . ( Do not take on debt ) , 4) Standardize a 5% to 6% dividend yield , 5) Pay off any existing debt . All the above will appeal to growth investors , Value investors , and Yield seeking investors . and seems doable . Stelco continues to be my largest holding , so I am more than interested in what they do. " Just one Retired Salesman's opinion " .
Comment by
marsman1 on Jun 30, 2021 7:26am
i would add a special Div. $5 dollars and a stock buy back to that list