BSL 0.33% $20.94 bluescope steel limited

for people holding bsl

  1. 1,745 Posts.
    Managed to get a hold of the report that was released Monday week ago - with the gib sell off. One calc. was based on forecasted earnings for 04. They used the factor of 4.8 x EBITDA to determine market value.

    One interesting point is that in a sentence prior to their P&L Summary to calculate earning they write this line ...quote ' we estimate BSL earnings would be c$345-350m for FY 04E vs the $280m we are forecasting below (in the P&L summary)'.

    Unbelievable, they appear to have added the last line post calculation. Using their new estimates the market value moves from $ 3.90 up to $4.80 using the number of outstanding shares as at June 2003. This estimate moves into line with the JP morgan valuation.

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Mkt cap ! $10.54B
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$21.05 $21.07 $20.59 $23.39M 1.157M

Buyers (Bids)

No. Vol. Price($)
2 10975 $20.94

Sellers (Offers)

Price($) Vol. No.
$20.98 9141 3
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Last trade - 16.10pm 16/04/2021 (20 minute delay) ?
-0.070 ( 0.64 %)
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