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Bullboard - Stock Discussion Forum 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... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > You have to wonder
View:
Post by marsman1 on Jul 25, 2021 7:32pm

You have to wonder

weather these analysts are really doing their homework or are they just reading chat rooms and using other analysts ideas. Do they even know about Stelco's deal with DTE for instance . ? I would guess not. They keep talking about 2 or 3 years down the road and how that might effect earnings. WHO CARES! And who knows !  They are just covering their asses in case a tornado or something else happens. I care about the next couple of quaters and then I will reavaluate. By then the stock through buy backs or special Divs. or a sale of a huge land position that is unneeded , or , whatever , by then the stock will be $60 IMO.
Comment by Blueswin on Jul 25, 2021 8:54pm
It does seem crazy that with all the upgrades on Stelco it doesn't seem to move the share price. Last week Nucor & Cleavland Cliffs reported best Q ever & it didn't really move their stock prices. Nucor is buying back shares & paying a div. Although I think most USA Steel companies carry a fair amount of debt unlike Stelco. It seems like the Steel prices are holding up but they ...more  
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