Post by
Blueswin on Aug 11, 2021 5:22pm
As Dieter once said back in Mid-June
Q.1 Adjusted net income was $155 Mill, expecting Q.2 to be double that, maybe as high as $400mill.
Q.3 numbers will be even stronger with HRC now selling at $1,600us/ton, Stelco is booked out thru 3rd quarter, so be patient on this one. Come October, looking back at share price of $34 you'd wish you had more...
I guess he was right!
Blueswin
Comment by
dieter216 on Aug 11, 2021 6:55pm
Ahhhhh.... Blueswin...you noticed. This is officially a supercycle and has a long way to go! Love how the market shook out weak hands today at $42.25. GLTA.... Cheers Dieter