Stelco Holdings Inc T.STLC

Primary Symbol: 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. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.

OTCPK:STZHF - Post by User

Stelco Holdings Inc

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Post by forkliftguyon Nov 01, 2021 3:51pm

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Post# 34074547

My estimate

The current average estimate for the quarter at Yahoo is $ 6.50 a share ; the high estimate is $ 8.30 . I will be disappointed if 1) They come in below $7.50 for the quarter , 2 ) They don;t up the quarterly dividend , 3) They don't annouce some kind of resolution on the land sale , 4) They don't annouce some other surprise item . The stock is currently just shaking off the remaining leaves on the tree . Nothing goes straight up , so the pause was totally expected . One thing about companies , is that you can;t fight the balance sheet . I learned that from companies which went bankrupt or close to it With Stelco it is and will be spectacular . ! It is my largest position , and I am not selling !

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