Algoma Steel

AGA-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about AGA-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 5, 2005
Valuations on steel stocks have gotten excessive.
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Algoma Steel (AGA-T)
January 5, 2005
Valuations on steel stocks have gotten excessive.
BUY
BUY
January 4, 2005
Has the most leverage and generates the most cash. Try to buy in the $28's.
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Algoma Steel (AGA-T)
January 4, 2005
Has the most leverage and generates the most cash. Try to buy in the $28's.
DON'T BUY
DON'T BUY
December 31, 2004
Favourite steel play at this time is Ipsco.
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Algoma Steel (AGA-T)
December 31, 2004
Favourite steel play at this time is Ipsco.
BUY
BUY
December 30, 2004
Although the stock has tripled, it does not mean that all the good news is reflected in the price. China's slowing demand for steel is having a negative affect on steel producers. There will not be as much reduction in demand as many people think.
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Algoma Steel (AGA-T)
December 30, 2004
Although the stock has tripled, it does not mean that all the good news is reflected in the price. China's slowing demand for steel is having a negative affect on steel producers. There will not be as much reduction in demand as many people think.
BUY
BUY
December 10, 2004
A forgotten story for a long time. Now it's a hot stock and a hot story. Very profitable with no net debt. Feels the steel prices wil stay high. Very cheap.
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Algoma Steel (AGA-T)
December 10, 2004
A forgotten story for a long time. Now it's a hot stock and a hot story. Very profitable with no net debt. Feels the steel prices wil stay high. Very cheap.
HOLD
HOLD
December 7, 2004
This monstrous steel market is going to continue.
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Algoma Steel (AGA-T)
December 7, 2004
This monstrous steel market is going to continue.
HOLD
HOLD
December 3, 2004
Major steel shortage problems around the world have pushed up the steel stocks. This stock is in a spike uptrend and is dangerous to buy at this time. If you own, use a stop/loss.
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Algoma Steel (AGA-T)
December 3, 2004
Major steel shortage problems around the world have pushed up the steel stocks. This stock is in a spike uptrend and is dangerous to buy at this time. If you own, use a stop/loss.
BUY
BUY
November 17, 2004
Steel is cyclical. Has been a very consistant mover. Pricing of steel has stayed strong and capacity is tight. Relatively cheap compared to some of its competitors.
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Algoma Steel (AGA-T)
November 17, 2004
Steel is cyclical. Has been a very consistant mover. Pricing of steel has stayed strong and capacity is tight. Relatively cheap compared to some of its competitors.
PAST TOP PICK
PAST TOP PICK
November 15, 2004
(A Top Pick Aug 6/04. Up 92%.) Took some profit.
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Algoma Steel (AGA-T)
November 15, 2004
(A Top Pick Aug 6/04. Up 92%.) Took some profit.
DON'T BUY
DON'T BUY
November 5, 2004
Avoid. The business seems to continually go back into bankruptcy.
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Algoma Steel (AGA-T)
November 5, 2004
Avoid. The business seems to continually go back into bankruptcy.
WEAK BUY
WEAK BUY
November 3, 2004
Low price/earnings ratio. A high cost producer, so in a high steel cycle it will make lots of money, but when the price of steel drops, it has losses. OK for short term.
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Algoma Steel (AGA-T)
November 3, 2004
Low price/earnings ratio. A high cost producer, so in a high steel cycle it will make lots of money, but when the price of steel drops, it has losses. OK for short term.
DON'T BUY
DON'T BUY
October 12, 2004
Steel prices have been stronger much longer than he expected. Feels its at a peak now.
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Algoma Steel (AGA-T)
October 12, 2004
Steel prices have been stronger much longer than he expected. Feels its at a peak now.
HOLD
HOLD
October 5, 2004
Report of another stunningly good quarter is due Nov 2. Building up cash at a rapid rate. Will possibly pay out a special dividend. May want to take some cash off the table.
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Algoma Steel (AGA-T)
October 5, 2004
Report of another stunningly good quarter is due Nov 2. Building up cash at a rapid rate. Will possibly pay out a special dividend. May want to take some cash off the table.
BUY
BUY
September 30, 2004
Trading around 3/4 X earnings. Highly levered to the price of steel. Has had a tremendous run. Prefers a larger cap stock such as Ipsco which also has the prospects of the large diameter pipe. As long as steel prices stay up, it is very attractive.
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Algoma Steel (AGA-T)
September 30, 2004
Trading around 3/4 X earnings. Highly levered to the price of steel. Has had a tremendous run. Prefers a larger cap stock such as Ipsco which also has the prospects of the large diameter pipe. As long as steel prices stay up, it is very attractive.
SELL
SELL
September 22, 2004
The amazing bull steel market may run out of steam. Be cautious. May want to sell profit.
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Algoma Steel (AGA-T)
September 22, 2004
The amazing bull steel market may run out of steam. Be cautious. May want to sell profit.
WEAK BUY
WEAK BUY
September 9, 2004
Should do OK. Prefers Dofasco. Don't put a lot of money into it.
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Algoma Steel (AGA-T)
September 9, 2004
Should do OK. Prefers Dofasco. Don't put a lot of money into it.
DON'T BUY
DON'T BUY
August 16, 2004
Company has had phenomenal earnings. Steel prices have been at record levels. All the easy money has been made.
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Algoma Steel (AGA-T)
August 16, 2004
Company has had phenomenal earnings. Steel prices have been at record levels. All the easy money has been made.
TOP PICK
TOP PICK
August 6, 2004
New management. Lagging other steel companies. Reported record numbers. Net debt free. They are going to cash flow over $10 a share.
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Algoma Steel (AGA-T)
August 6, 2004
New management. Lagging other steel companies. Reported record numbers. Net debt free. They are going to cash flow over $10 a share.
WEAK BUY
WEAK BUY
August 3, 2004
Is still sector has been one of the strongest sectors. Would prefer Dofasco and Ipsco. Doesn't feel steel prices are sustainable but the pressure could continue for a while.
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Algoma Steel (AGA-T)
August 3, 2004
Is still sector has been one of the strongest sectors. Would prefer Dofasco and Ipsco. Doesn't feel steel prices are sustainable but the pressure could continue for a while.
BUY
BUY
July 20, 2004
Likes the steel industry but this stock is not very actively traded. Easier for the individual investor to own.
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Algoma Steel (AGA-T)
July 20, 2004
Likes the steel industry but this stock is not very actively traded. Easier for the individual investor to own.
STRONG BUY
STRONG BUY
July 5, 2004
Q: "Should I switch from Inco to Algoma?" A: "Likes both stocks." Likes the metals at this time. This one could have been a "Top Pick".
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Algoma Steel (AGA-T)
July 5, 2004
Q: "Should I switch from Inco to Algoma?" A: "Likes both stocks." Likes the metals at this time. This one could have been a "Top Pick".
BUY
BUY
June 23, 2004
Expect they will have the next 3/4 quarters with exceptionally good earnings. Beyond that, there is some risk.
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Algoma Steel (AGA-T)
June 23, 2004
Expect they will have the next 3/4 quarters with exceptionally good earnings. Beyond that, there is some risk.
WEAK BUY
WEAK BUY
June 23, 2004
At the moment, the price of steel is short so profits are very good. Long-term, they will have a difficult time.
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Algoma Steel (AGA-T)
June 23, 2004
At the moment, the price of steel is short so profits are very good. Long-term, they will have a difficult time.
TOP PICK
TOP PICK
June 22, 2004
With the demand of steel in China, there is no flooding of the market in North America. The market has not grasped this yet. Feels that steel prices will stay strong. Second-quarter will be spectacular and would sell it at that time.
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Algoma Steel (AGA-T)
June 22, 2004
With the demand of steel in China, there is no flooding of the market in North America. The market has not grasped this yet. Feels that steel prices will stay strong. Second-quarter will be spectacular and would sell it at that time.
WEAK BUY
WEAK BUY
June 16, 2004
Should continue to ride with steel stocks
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Algoma Steel (AGA-T)
June 16, 2004
Should continue to ride with steel stocks
BUY
BUY
June 3, 2004
Likes this story. A cash machine at current steel prices. At current spot steel prices, they will earn almost $4 and cash flow $6. Will be net debt free by year end.
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Algoma Steel (AGA-T)
June 3, 2004
Likes this story. A cash machine at current steel prices. At current spot steel prices, they will earn almost $4 and cash flow $6. Will be net debt free by year end.
PAST TOP PICK
PAST TOP PICK
May 18, 2004
(A top pick Apr 1/04. Down 7%.) Still likes. Doing all the right things. Will be net debt free by the end of the year. A cash flow machine right now.
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Algoma Steel (AGA-T)
May 18, 2004
(A top pick Apr 1/04. Down 7%.) Still likes. Doing all the right things. Will be net debt free by the end of the year. A cash flow machine right now.
DON'T BUY
DON'T BUY
May 5, 2004
Has had its share of troubles over the years. Outlook is rather mixed. Would prefer Dofasco.
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Has had its share of troubles over the years. Outlook is rather mixed. Would prefer Dofasco.
TOP PICK
TOP PICK
April 29, 2004
Just reported record earnings of $1.18 and record cash flows of $1.79 and stated that the second quarter will be higher. Doesn't see any big decline in steel prices.
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Algoma Steel (AGA-T)
April 29, 2004
Just reported record earnings of $1.18 and record cash flows of $1.79 and stated that the second quarter will be higher. Doesn't see any big decline in steel prices.
BUY
BUY
April 16, 2004
In a great space. Has to break out at the $9.50 level. Is going to do an equity issue, which is smart. Book value is around $16.
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Algoma Steel (AGA-T)
April 16, 2004
In a great space. Has to break out at the $9.50 level. Is going to do an equity issue, which is smart. Book value is around $16.
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