BSL 1.13% $20.65 bluescope steel limited

JP Morgan 30/09/2009 1 Overweight $3.60 22.0%With Pt Kembla...

  1. 2,602 Posts.
    JP Morgan 30/09/2009 1 Overweight $3.60 22.0%
    With Pt Kembla operating at a level well above the broker's forecast, it thinks the company will actually book a profit in 1H FY10.

    As such, the broker has upgraded its FY10 earnings forecast by 21%, with room for further upgrades if the company hits its forecasts.

    With JP Morgan seeing BlueScope as the cheapest of the Australian steel stocks, trading at a 32% discount to the its valuation, the Overweight call is maintained.
 
watchlist Created with Sketch. Add BSL (ASX) to my watchlist
(20min delay)
Last
$20.65
Change
0.230(1.13%)
Mkt cap ! $9.087B
Open High Low Value Volume
$20.45 $20.76 $20.14 $31.74M 1.541M

Buyers (Bids)

No. Vol. Price($)
1 4873 $20.61
 

Sellers (Offers)

Price($) Vol. No.
$20.67 5031 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
BSL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.