BSL 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.
 
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(20min delay)
Last
$22.43
Change
0.170(0.76%)
Mkt cap ! $9.838B
Open High Low Value Volume
$22.47 $22.64 $22.18 $66.53M 2.955M

Buyers (Bids)

No. Vol. Price($)
1 9599 $22.42
 

Sellers (Offers)

Price($) Vol. No.
$22.44 30000 10
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Last trade - 16.11pm 19/09/2025 (20 minute delay) ?
BSL (ASX) Chart
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