Stelco Holdings Inc.

STLC-T

TSE:STLC

9.45
0.06 (0.64%)
Stelco Holdings Inc. is a steel company based in Hamilton, Ontario, Canada. Stelco was founded in 1910 from the amalgamation of several smaller firms.
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Analysis and Opinions about STLC-T

Signal
Opinion
Expert
SELL
SELL
October 10, 2019
Wouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
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Wouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
BUY
BUY
October 8, 2019
Asking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
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Asking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
DON'T BUY
DON'T BUY
August 23, 2019
Down pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
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Down pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
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(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
SELL
SELL
August 19, 2019
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
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The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
BUY
BUY
August 12, 2019
It kind of trends down since January, but it isn't terrible. The picture generally is pretty positive. A year from now we will have some inflation and it will break out above $16. It is a good risk/reward to take a shot at some of these names.
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It kind of trends down since January, but it isn't terrible. The picture generally is pretty positive. A year from now we will have some inflation and it will break out above $16. It is a good risk/reward to take a shot at some of these names.
DON'T BUY
DON'T BUY
July 15, 2019
The trade war with America is likely over. Their chart doesn't scream buy, though. A poor chart, actually.
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The trade war with America is likely over. Their chart doesn't scream buy, though. A poor chart, actually.
COMMENT
COMMENT
July 8, 2019
It's at the whims of the steel price. Good management generates good cash flow and have two special dividends in the past year. Prem Watsa has invested in them. They seem to be hunting for an acquisition, but higher steel prices or big capital deployment will move the stock higher.
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It's at the whims of the steel price. Good management generates good cash flow and have two special dividends in the past year. Prem Watsa has invested in them. They seem to be hunting for an acquisition, but higher steel prices or big capital deployment will move the stock higher.
PARTIAL BUY
PARTIAL BUY
July 5, 2019
He hasn't owned this for a while. $14 is the floor. Start with a half position and if it breaks upwards, add to it. Enter it now.
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He hasn't owned this for a while. $14 is the floor. Start with a half position and if it breaks upwards, add to it. Enter it now.
SELL
SELL
April 29, 2019
There's a storm cloud over Stelco. Ottawa was supposed to protect the company and sector from US tariffs, but Ottawa just realized the cost of that protection and withdrew it. The upshot: a decline in STLC's NAV from 21 to 17, and EBITDA margins shrinking from 16.5% to 11.3% (a 32% decline in EBITDA--not good).
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There's a storm cloud over Stelco. Ottawa was supposed to protect the company and sector from US tariffs, but Ottawa just realized the cost of that protection and withdrew it. The upshot: a decline in STLC's NAV from 21 to 17, and EBITDA margins shrinking from 16.5% to 11.3% (a 32% decline in EBITDA--not good).
PAST TOP PICK
PAST TOP PICK
December 27, 2018
(A Top Pick Oct 02/18, Down 36%) Fear of an economic slowdown has pressured steel prices and stock. But stell prices are still strong historically. You can make money off this at the $30 price in the coming years. STLC plan to sell 100% of their products to Canada which will avoid the US tariffs. In the last quarter that figure was 90%.
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(A Top Pick Oct 02/18, Down 36%) Fear of an economic slowdown has pressured steel prices and stock. But stell prices are still strong historically. You can make money off this at the $30 price in the coming years. STLC plan to sell 100% of their products to Canada which will avoid the US tariffs. In the last quarter that figure was 90%.
DON'T BUY
DON'T BUY
November 20, 2018
Don’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
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Don’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
DON'T BUY
DON'T BUY
October 4, 2018

The tariffs are still on, which doesn't help them short-term. They do have a better balance sheet now, but the steel sector is heading into a downturn with weaker demand from China. Stelco will do better than its peers, but the sector will weaken. Trading at 4x forward earnings.

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The tariffs are still on, which doesn't help them short-term. They do have a better balance sheet now, but the steel sector is heading into a downturn with weaker demand from China. Stelco will do better than its peers, but the sector will weaken. Trading at 4x forward earnings.

TOP PICK
TOP PICK
October 2, 2018

A short-term investment. The steel market is now strong. Stelco re-IPO'd last November. Has little debt and cleaned up its employee pension obligations. There are healthy margins in steel now. Good cash flows. Just paid a special dividend which could become an annual event. (1.8% dividend, Analysts' price target: $33.17)

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A short-term investment. The steel market is now strong. Stelco re-IPO'd last November. Has little debt and cleaned up its employee pension obligations. There are healthy margins in steel now. Good cash flows. Just paid a special dividend which could become an annual event. (1.8% dividend, Analysts' price target: $33.17)

PAST TOP PICK
PAST TOP PICK
September 10, 2018

(A Top Pick Feb. 8/18, Up 6%) They emerged from bankruptcy with a clean balance sheet, new management. Trump has created a stronger steel market and this one benefited from a rising steel price.

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Stelco Holdings Inc. (STLC-T)
September 10, 2018

(A Top Pick Feb. 8/18, Up 6%) They emerged from bankruptcy with a clean balance sheet, new management. Trump has created a stronger steel market and this one benefited from a rising steel price.

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