BSL 2.38% $20.62 bluescope steel limited

$6.50 or $8.50 in six months?????????, page-27

  1. 385 Posts.
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    After doing some comparisons with a few companies with their shares around $10.00 and over per share, imo BSL are a bargain at todays share price. Looking at per share stats on 2004 results sales, cash flow, earnings per share, net profit, is much more in most cases especially the profit, PE being less than half as well. Even BSL having more shares than some of those other companies I dont think a share price between $8.00 and $9.00 is unrealistic, for others to say this is going down and the shares going down to $5.00 or under the next results would have to be pretty shocking and well under 2004 results. just my thought. I'm looking on Westpac broking site for company imfo which some have'nt included 2005 data yet hence the 2004 data
 
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