Stelco Holdings Inc STZHF

STLC comments

[fishcarrier]

Every once in a while I check Thomson-Reuters on Stelco. This analyst comes with my program. Can you make sense of it? Here are its highlights: Outlook for earnings declined significantyly over the past week. STLC is more bearish than the iron and steel average, rating 5.3 vs 5.5 for the industry. EPS for Q3 are down a bit to $6.56. Q.4 is 8.21. For the year $21.01.  Trailing PE is 11, Forward PE is 1.9. Multiples are significantly below historic and industry norms. 

If the outlook is bearish, why would they expect much higher earnings in Q4 over Q3? And the outlook is bearish while valuations are significantly below norms. I've come to the conclusion long ago that analysts don't do their homework like investors do. But steel prices are down this week. GLTA.

[marsman1]

I agree with you Fishcarrier that most of these analysts really don't understand the FULL situation. They try to wow you with incoheriant numbers to make themselves look smart to their superiors. Thats why I have kept saying that this company is all about what Alan whants to do . My guess is that he will give us (and himself )  a huge special Div. I would also guess that given that he is