BSL 2.01% $20.32 bluescope steel limited

Yeh, Mark Vassella did say that he expected the favourable...

  1. 800 Posts.
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    Yeh, Mark Vassella did say that he expected the favourable spreads enjoyed by BSL may not continue into FY22-23, but i would have thought that part would go without saying and be common sense....

    Mark Vassella did not ever say BSL is "unviable" lol.

    There is a lot to like about BSL
    - Printing cash
    - Aggresive Northstar expansion
    - Strong Appetite of acquiring EPS accretive business'
    - Minimal Debt
    - A further $500m of buy backs
    - Trading below NTA
    - Trading at 3 x earnings
    - decent divedend with possibility of franking in future

    It's now my biggest holding...
 
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$20.32
Change
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$19.92 $20.32 $19.61 $40.11M 1.987M

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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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