STU - Steel & Tube Holdings

[trader_jackson]

Who wins price wars t_j?

the consumer?

[King1212]

Whale down TJ....u passed the exam!😁

[winner69]

the consumer?

....unless standards are compromised to make a buck and shoddy goods are sold.

[winner69]

So the $30m plus operating profit target pushed out beyond 2021 to an undetermined time beyond that.

Is that STU lingo for NEVER


http://www.sharechat.co.nz/article/9...yond-2021.html

[trader_jackson]

Hey winner, STU up 10 cents in less than a month - whats going on?

[winner69]

Hey winner, STU up 10 cents in less than a month - whats going on?

Maybe it’s a case of punters having to put their money somewhere and any great NZ company under a buck must be good.

[Balance]

Maybe it’s a case of punters having to put their money somewhere and any great NZ company under a buck must be good.

Oversold with all the negativity around the building and construction sector.

Latest stats show sector actually in good health - should lead to recovery and then, normalization of margins within next 2 years.

Heck, MPG has put on 28.5% without too much resistance since the big seller finished selling.

[winner69]

I think this is corporate speak for things aren’t going that well and we are still in the **** but don’t really know by how much yet.

http://nzx-prod-s7fsd7f98s.s3-websit...397/311974.pdf

[winner69]

Last guidance was ‘Our long term outlook target remains to generate $30m to $35m EBIT1, however current market headwinds mean this will take longer to achieve than the original three year plan.’

I think that’s just a pipe dream now.

[winner69]

Last year H1 npat was $3.8m

It’s going to be less this year

But never mind ...the second half is going to be fine ...no worries.