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Bullboard - Stock Discussion Forum Algoma Steel Group Ord Shs T.ASTL

Alternate Symbol(s):  ASTL | ASTLW | T.ASTL.WT

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate... see more

TSX:ASTL - Post Discussion

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Post by summitking on Oct 29, 2021 9:45am

Q3

Anyone know when their Q3 will be reported?  Assuming they now switch to a regular reporting calendar...
Comment by Stocker46 on Oct 29, 2021 4:20pm
No news on 3rd Q release date. They released numbers for thr quarter ending June 30 on August 20th ... so I assume it will be released in mid to late November.
Comment by summitking on Oct 29, 2021 8:04pm
Have inquired with the company but crickets.  Seems it will take them a little time to behave like a publico again... look forward to an updated proforma presentation as well. 
Comment by dieter216 on Nov 02, 2021 3:04pm
Q.3 Results out Thur Nov. 11th, after market close. Anyone care to make a prediction on Q.3 EPS?
Comment by faraway1 on Nov 02, 2021 8:28pm
My guess-$1.75 per share.
Comment by Stocker46 on Nov 03, 2021 10:43pm
I'll go with an EPS somewhere between  $1.35 and $1.50.
Comment by dieter216 on Nov 04, 2021 3:11pm
I'm guesstimating it will be closer to $4.00 share
Comment by faraway1 on Nov 04, 2021 5:25pm
Wow! Sure hope that you are right!
Comment by faraway1 on Nov 04, 2021 5:37pm
Wow! Sure hope that you are right!
Comment by Stocker46 on Nov 05, 2021 9:34am
Revision. I was using Stelco 2nd Q and estimated 3rd Q to come up with a reasonable Algoma estimate but picked up a wrong number. Looks more like between $2.65 & $3.65. I'll be conservative and go with $2.95. Stelco's EPS was $4.28 in 2nd Q & TD is estimating $6.56 for 3rd Q.
Comment by summitking on Nov 05, 2021 11:37am
Yeah my guess would be about $2.65/share based on their last preso...  annualized puts the company at around 1x ebitda... ridiculously cheap.