the poor earnings at lakeside from 2009 - 2010 are now out and the worst is behind us.
management has indicated that revenue will be considerable higher in the 200million range, with a positive EBITA on the way.
things are looking very very very strong! if she dips back in into the mid 20s back up the truck.
as for "wheelsonthebus" he has no value whats so ever, he is posting junk.
Personally, I worked for a much larger outfit then lakeside, and have a considerable knowledge about pipe, and trust me, once Vic is able to unlock the value, via a takeover, or LS being bought out, then this thing will fly.
This should hit a buck by the end of the year, it will be a long summer for lakeside steel shareholders, but will prop in the fall.
Vic is the bomb. Kodos to him creating jobs in Welland.
MDX is nothing more then a small mill in Welland, use to be the old Slater Steel - Atlas steel works. They make high alloy stanless bars.. nothing to do with Lakeside.
Oldrancher... you watching the world cup?
All the best,
ReduceCo2