Vulcan steel

[alokdhir]

First HY results being reported today with FB forecast of $ 74 Mil ...lets see how it does ?

[winner69]

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

[alokdhir]

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

$ 11 with 20 cents or more divvy will be perfect . Holder

[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

[winner69]

Pretty muted market response to that news

[alokdhir]

Pretty muted market response to that news

Hopefully they will wake up next week ...need time to absorb the data ...not all are as genius as u ...U analysed it like a Cray mainframe ...nano seconds

[winner69]

Great result but market excitement dies pretty quick and back to about 10 bucks

Nearly 10% of recent high ..hmmm