Vulcan steel

[maclir]

Better than perfect then, alokdhir.

[Shareguy]

Read the end of presentation . Another upgrade of 11 percent for full year EBITDA and 15 percent NPAT. Oh yes

[winner69]

Jeez …$70m NPAT in first half ….full year $130m plus what further upgrades bring. They pretty down on second half prospects

Can’t do much better

[alokdhir]

Jeez …$70m NPAT in first half ….full year $130m plus what further upgrades bring. They pretty down on second half prospects

Can’t do much better

It is Forbar pick for 2022 ...but they expected $ 74 mil NPAT ...divvy is better then 20 cents ...so great news ...think $ 11 possible ??


" Accordingly, Vulcan is increasing its proforma post-IFRS 16 EBITDA guidance by approximately 11% at the mid-point to NZ$194m-NZ$204m from previously $174m- $184m, and proforma post IFRS 16 NPAT guidance by approximately 15% at the mid- point to NZ$107m-NZ$114m from previously $93m-$100m."

[winner69]

Jeez …$70m NPAT in first half ….full year $130m plus what further upgrades bring. They pretty down on second half prospects

Can’t do much better

At 10 bucks on. PE of 10

[alokdhir]

At 10 bucks on. PE of 10

Deep value as per your perimeters ??

[Muse]

This company is rapidly establishing itself as one of the blue chips

Peers like EBOS, MFT, FPH, SKL, TRA, HGH, etc.

[percy]

This company is rapidly establishing itself as one of the blue chips

Peers like EBOS, MFT, FPH, SKL, TRA, HGH, etc.

Do not hold............Wish I did......lol.
An outstanding company.

[sb9]

Shareguy got his abacus ready

Vulcan H1 EBIT times 1.2 (to annualise) divided by 10 (Vulcan share price) multiplied by 50 (STU conservative esp EBIT) divided by 166m (number STU shares) equals what STU share price should be

Cool eh ..excitement builds

Me, just be happy to see VSL share price 11 buck tomorrow

My rough calculation gives STU price to be north of $3 based on above formula. Someone more arithmetic savvy could validate this.

[winner69]

Steel prices on average up 29% and Metals prices up 14% with Total Group up 23%

Gross margin improved 6.1% points YOY to 41.3% in 1H FY22

That's pretty impressive