Bullboard - Stock Discussion Forum Stelco Holdings Inc STZHF

Primary Symbol: T.STLC

Steel Steel

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

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TSX:STLC - Post Discussion

Stelco Holdings Inc > David Burrows

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Post by retiredcf on Aug 19, 2021 12:55pm

David Burrows

He's a pretty conservative guy but on today's Market Call, he indicated that he has become a recent shareholder in STLC. If I heard things correctly, they are projected to make (wait for it.......) $19/share this year. Small wonder that they are rapidly demolishing their debt. GLTA

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Comment by fishcarrier on Aug 19, 2021 2:13pm

I subscribe to Thompson-Reuters who use refinitiv. They say Q1 1.75; Q2 4.28, Q3 est. 6.75; Q4 est 6.86, and for the full year est $20.16. The 4 quarters don't quite add to $20.16. The thing is, they still show Stelco with a market cap of 4.2 B. So these projections may be based on all 88 million shares. I just think today is a gross market exaggeration. Bought all I could today, and ...more

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Stelco Holdings Inc