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Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

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, crown, and shape control, as well as uniform through-coil mechanical properties. The Company’s steel products are supplied to customers in the steel service center, construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States. It operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.


TSX:STLC - Post by User

Post by forkliftguyon Jan 18, 2022 3:30pm
195 Views
Post# 34330045

Can't pass it up

Can't pass it upI just bought more Stelco stock . It is again my largest position of18 stocks .  I think in the next few weeks , the good news will start flowing .   I expect record earnings  , and  a substantial reduction in the share count because of the Auction .  We will be eliminating these shares on the cheap .  The earnings and free cash flow in the future will be enormous on a per share basis .  At some ponit there will be a resolution on the excess land for sale .  Believe me , It is not going for peanuts .  I also expect an increase in the dividend  and maybe a special one time dividend .  My advise -  Don't get fooled by all this recent weekness .  Just one retired Salesman's opinion . 


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