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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Stelco Holdings Inc > What Surprise

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Post by forkliftguy on Jul 27, 2022 10:21am

What Surprise

We knew that Stelco got 500 million for their excess real estate . Add to that 1 billion PLUS in cash that they will have at end of current quarter , so that's 1.5 billion or 22 dollars a of cash ( at least ) based on 68 million shares outstanding . . When business turns around , this will be a 100 dollar a share stock . It is my second largest position after Resolute Forest Producks , both of which Fairfax has a huge position . As a retired senior , I consider myself as a value investor , although I also like some growth which I think both Stelco and Algome Steel offer . Good luck to everyone and Go Tiger Cats .

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