Yes, I hold, this is a great stock. Considered buying some more...

Yes, I hold, this is a great stock. Considered buying some more last week as it broke above it's previous all-time high.

I have a feeling the P/E is currently about 7 or a fraction higher. I calculated that with a share price at $4.50 it would be a P/E of 9. We won't know for sure about the full year earnings until they announce at the end of August, which could always light up the price a bit.

Steel prices are under pressure around the world, but BSL seems to do OK with its product mix.

Only a few weeks away until 12/7 when the buyback will kick up a gear. The volumes to buy back are small compared to the number of shares traded. All the same, it should be a great move for the company over a horizon of 1 or 2 years.

I am no technical analyst, but it also seems to me that the chart is ideal. Note also the massive up day it recently had, with volumes of $50m through.