STU - Steel & Tube Holdings

[Rawz]

What is the best best guess of book value does anyone know? ASB says $1.27 as at June 2022

[bull....]

stock price would have assumed a slowdown to date

10 - 15% decline in volumes similar to fbu

im watching how they manage margin pressure going forward

[SailorRob]

What is the best best guess of book value does anyone know? ASB says $1.27 as at June 2022

Trading close to net current assets. Could buy, liquidate current assets, pay all other liabilities get rest close to free. Of course you couldn't buy volume at these prices.

[winner69]

market expected this .... muted reaction

Not even under a buck

[winner69]

Share price could end UP for the day

Talk of cyclone recovery work and cost savings very powerful message


But probably (insofar as share price goes) not as powerful as that double digit dividend yield …NZX says 14.091%

[BlackPeter]

Share price could end UP for the day

Talk of cyclone recovery work and cost savings very powerful message


But probably (insofar as share price goes) not as powerful as that double digit dividend yield …NZX says 14.091%

So - it sounds like you are happy with Marks ravings?

[winner69]

So - it sounds like you are happy with Marks ravings?

He is a good raver eh …punters will love things like getting a decent chunk of the $9 billion to $14.5 billion of cyclone rebuilding work

Punters love talk of billions

[bull....]

He is a good raver eh …punters will love things like getting a decent chunk of the $9 billion to $14.5 billion of cyclone rebuilding work

Punters love talk of billions

price might end positive for the day

[winner69]

price might end positive for the day

Seems to be plenty of punters wanting to buy

Mark said shares undervalued …..that’s a good recommendation

Big cash flows …..generous divie …..and maybe even a share buyback


What else does one need

[bull....]

Seems to be plenty of punters wanting to buy

Mark said shares undervalued …..that’s a good recommendation

Big cash flows …..generous divie …..and maybe even a share buyback


What else does one need

i listened to the webinar , first time listened to one of these shame they dont allow more time for questions to be heard anyway as you say he was not happy about the low share price