Pessimist,
lol... Nice nick. As for OST, I believe it is the better of the 2 steel stocks on the exchange. BSL still has balance sheet issues with more re-financing due. OST has bitten the bullet and jumped ahead of BSL to tap the market for funds.
Long term (>3 years), OST looks fine to me. Short term, I think there is still pressure in the steel industry for the next 18 months. OST also sells iron ore and that can be seen as a negative over the next 2 years too.
If you want to be in the steel sector, I would pick OST ahead of BSL.
Pessimist,lol... Nice nick. As for OST, I believe it is the...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)