STU - Steel & Tube Holdings

[bull....]

good result and more bolt on's coming

[sb9]

good result and more bolt on's coming

Looks as though you're long on this one, must be seeing with different set of glasses than most of us.

[percy]

A mixed result.
Sales Revenue up 11.74% yet cost of sales were up 13.40%.
Borrowings down $11mil.
Pleasing seeing inventory down $17.445mil
EPS down from 8.7cents to 7.1 cents.
Imputed divie of 4cents is positive but is the same as the previous 5.5cents unimputed.
Cash flow from operating activities was outstanding at $41.140 mil.
Also pleasing was seeing the equity ratio improving from 48.42% to 53.48%.
The business is in very good shape.Management are performing well.
The entry into the aluminium market should be another good bolt on serving their existing customers.

[alokdhir]

Looks as though you're long on this one, must be seeing with different set of glasses than most of us.

Thought the same but u beat me mate ...

[bull....]

Looks as though you're long on this one, must be seeing with different set of glasses than most of us.

its a good result in regards to they are managing the current environment very well

[sb9]

its a good result in regards to they are managing the current environment very well

You're trying very hard to justify, imagine if you were short on this, you would've crapped the hell out of this result.

[bull....]

You're trying very hard to justify, imagine if you were short on this, you would've crapped the hell out of this result.

i have owned this stock for quite some time .... sitting nicely for div's.
i dont trade this stock to illiquid so no bias

[nztx]

its a good result in regards to they are managing the current environment very well

I think so .. they seem more awake to prevailing conditions this time round

[winner69]

Market fallen out of love with STU

Share price heading to 110 sooner than later

[Balance]

Market fallen out of love with STU

Share price heading to 110 sooner than later

Hope so

Keep pushing that narrative, W69. You did a great job with SKO on that front!