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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

TSX:STLC - Post Discussion

Stelco Holdings Inc > Share price
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Post by fishcarrier on Aug 06, 2021 8:55am

Share price

Well, one long weekend away from the earnings report. Expecting over $4 p/sh earnings, this Q, and over $6 for Q 3. That should help. Whatever shows up, if the stock is expected to rise to a modest $50 in a year, that would be a 25% increase over the present price. That, plus another 1% in dividends. That's very good imho. If, as Retired once quoted a banker (?), that it might even go to $99/share, we could easily double present value. I think I like this stock like no other.
Comment by Blueswin on Aug 06, 2021 7:09pm
After some big drops in steel prices this week it was nice to see higher prices today. Looks  like we are kind of stuck in this $40 range until Tue. Q2 report. It seems that what may move the stock price is a large buy back shares which I believe will happen with all the free cash flow coming in. I am sure the Q results will only affirm & encourage the analyst who have a $50 + price ...more  
Comment by marsman1 on Aug 07, 2021 4:15pm
The price of steel for Aug.  is $1885 U.S.   I think this is the highest it has been and negates the naysayers who were so woried about the future. Also  All the future months are up to new highs . This probably means that not only will this quater be great , but the next 2 quaters also.
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