BSL 2.03% $19.83 bluescope steel limited

Ann: BlueScope updates 1H FY2021 guidance, page-17

  1. 1,709 Posts.
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    Someone big is just taking profits today in the Miners & Manufacturers. It will back up in a few days. BSL's latest H1 FY21 upgrade was for almost $500M EBIT and the H2 is likely to be much higher with the rising steel prices especially in the US where the Northstar business will be making a mint. Low dividends due to no franking credits however doing buybacks and paying for the Northstar expansion quickly. EBITs well over $1Billion and a MC of $8.6Billion crazy, crazy, crazy IMO










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