Thanks for your observations.
Our eyes do not lie.
Next result should be well worth waiting for.
Printable View
Div should be more like 8 or 8.5c
Vulcan buying Urlich
Apply the same ebitda multiple to STU and you get $1.27
sorry about the 2 bucks I mentioned earlier
Good on Vulcan
Oh but how the building industry is creaming it on those margins
STU results next Monday 22 August. There appears to be plenty of building going on around town and wondering if a slightly higher div will be paid from last Septembers 3.29c div. have taken a punt on this one and have topped up with extra 100k shares Roll on Monday see what happens:confused:
NZ Steel EBIT Year June 22 was $229m - UP 76% on prior year
Huge 2nd half - Robust demand across construction and infrastructure sectors - things look good into FY23
Maybe those comments yesterday from Bluescope got STU punters excited
Plenty of money in steel says Bluescope