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Bullboard - Stock Discussion Forum Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

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

TSX:STLC - Post Discussion

Stelco Holdings Inc > Brian Madden -BNN- Don't Buy
View:
Post by Possibleidiot01 on Apr 19, 2023 2:18pm

Brian Madden -BNN- Don't Buy

DON'T BUY

Stelco Holdings Inc.(STLC-T)

19/04/2023
 
 

He doesn't own any steel. Company has been dramatically cleaned up. Virtually debt-free. Risk of financial distress almost totally off the table. Difficult earnings comparisons for next 2 years with windfall banner profits in 2021-22. Not likely to reach fresh highs.

0
 
N/A
Not owned
Comment by Stocker46 on Apr 19, 2023 4:10pm
Got to love these analysts. A while back when their SP went over $60, a number of analysts were still very positive on Stelco .. & that was when future steel prices were still somewhat uncertain.  Now that prices are recovering & major steel producers recently have raised their published prices & are making comments about full order books etc, .. this guy says DON'T BUY ...more  
Stelco Holdings Inc