BSL 5.67% $21.73 bluescope steel limited

re: the cat is not out of the bag or is it!!??---$ for the last...

  1. 989 Posts.
    re: the cat is not out of the bag or is it!!??---$ for the last time , this is a dead company, its losing market share , her prifits are dwindling, from july bhp billiton is putting up the price of iron ore by 70% , how is bluescope going to absorb the price rise, it will partly pass the increase onto the consumer, and partly out of her profits, so there is nothing to look forward to as far as this company goes , it will be atleast 5years before her investments in asia stary to kick in,and they see some return, if at all,i hold a very few bsl stock, and would not buy any for atleast another 5years , when we see the actual direction its heading in, imo its not a stock i would be putting my money in , there are far better stocks to go for , do your own research and see what positive you come up with, not much i can assure you.
    this is my opinion , seek prof. advice
 
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