Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Stocker46on Mar 03, 2023 9:50pm
62 Views
Post# 35318879

RE:RE:RE:why the stock price increase?

RE:RE:RE:why the stock price increase?Yes, the $3 Special Dividend was nice, but I don't see another one unless prices continue to rise. Maybe after next year end if they have a very good year.
Don't see the SP moving much higher in the near term, but I've been wrong before. It moved up to just over $47 before the divy date. I sold just over $47 because I thought it would drop back to the low forties (or less) once the didvidend was paid. (knowing 4th Q would not be great)
In hindsight, I should have held on a little longer to see where it was heading .. I would, of course, much rather be selling now over $60. 


<< Previous
Bullboard Posts
Next >>