STU - Steel & Tube Holdings

**Rawz** · 10-01-2022, 07:34 PM

Originally Posted by SailorRob

Hopefully can all see attached images.

STU vs MHJ from pre Covid 2020 and from late 2016. Unreal correlations.

What does this tell us?

Attachment 13387

Attachment 13388

Ah yes, the great share trader race to $2. STU and MHJ. Once unloved. Now market darlings. Who will win???

**winner69** · 10-01-2022, 07:38 PM

Seems gold/silver and steel go together (mhj and stu 5hat is)

**Shareguy** · 10-01-2022, 07:52 PM

Funny. I no who I’m betting on . But then again gold, silver and diamonds are sexier than steel…..

**sb9** · 11-01-2022, 11:57 AM

Originally Posted by SailorRob

Hopefully can all see attached images.

STU vs MHJ from pre Covid 2020 and from late 2016. Unreal correlations.

What does this tell us?

Attachment 13387

Attachment 13388

Nice charts, thanks for laying them over.
Currently struggling hard to break through resistance at 1.70 mark.

**Balance** · 11-01-2022, 12:13 PM

Originally Posted by sb9

Nice charts, thanks for laying them over.
Currently struggling hard to break through resistance at 1.70 mark.

As it did at $1.50 but when it did, it sailed through $1.60.

**Balance** · 13-01-2022, 11:48 AM

https://www.nzherald.co.nz/business/...DNC3MCDLHZULA/

Stronger for longer.

Record housing consents issued to November 2021 year.

**BlackPeter** · 13-01-2022, 12:00 PM

Originally Posted by Balance

https://www.nzherald.co.nz/business/...DNC3MCDLHZULA/

Stronger for longer.

Record housing consents issued to November 2021 year.

Now we just need the materials and workforce to turn the approvals into houses, do we?

But anyway - all good for STU ...

**Shareguy** · 13-01-2022, 12:52 PM

Stu roofing division is struggling to keep up with demand. A real inflation play as the increases get passed on. Next update is going to be good, very good in fact.