BSL 0.34% $20.66 bluescope steel limited

valuation, page-6

  1. 15,178 Posts.
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    I held BlueScope, but got out when I was 40% down on the stock, it has continued to slide. I think that even at this low share price, the company is overvalued. I don't see any value here. Wouldn't be surprised to see the share go another 15% south./ It doesn't have a story, its making a loss, it operating in a volatile market, costs are through the roof- I wouldn't touch with a 10 foot steel pole. Too much downside risk, for little to no upside.
 
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