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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 > S&P/TSX Composite Index Analyst Estimates
View:
Post by retiredcf on Oct 22, 2021 11:03am

S&P/TSX Composite Index Analyst Estimates

OCT. 20 PRICE BUYS HOLDS SELLS AVG. TARGET PRICE FORECAST PRICE RETURN

$42.95  8 1 0 58.89 37%
Comment by fishcarrier on Oct 22, 2021 2:56pm
It strikes me strange that only 1 of 9 analysts would actually recommend a buy on a stock they predict to rise 37%.  I've been checking the CRU, and steel prices seem to be advancing this week too. Today's quote is for $1690 - US of course.  Thanks everyone for all the helpful information and insights! A good weekend to all!
Comment by fishcarrier on Oct 22, 2021 4:10pm
My mistake. I misread. One analyst would actually SELL. Not a one would buy this stock. Now for something funny. My daughter was trolling me earlier today. She advised me to buy DWAC. Her boss had made money on that this morning. Checked it out, and it is actually Donald Trump's new platform. It did indeed double its share price this morning. Maybe we can get Trump to tout the steel industry. ...more  
Comment by marsman1 on Oct 23, 2021 8:47am
I 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 ...more  
Comment by fishcarrier on Oct 25, 2021 9:26am
You're right. I didn't see the shifted numbers with the formatting. I agree with your sentiments too. Perhaps a special dividend (or an increase), but not much beyond that. Also agree the shares will rise gently over the next 2 weeks. Then jump after the earnings come out to well over 50. Maybe 55? It has already hit 51 once. I think STLC is keen on paying off theor debts.Earnings? Will we ...more  
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