BSL 0.96% $14.39 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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Last
$14.39
Change
-0.140(0.96%)
Mkt cap ! $7.304B
Open High Low Value Volume
$14.45 $14.55 $14.30 $31.14M 2.164M

Buyers (Bids)

No. Vol. Price($)
1 1449 $14.38
 

Sellers (Offers)

Price($) Vol. No.
$14.40 75559 9
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Last trade - 16.10pm 15/11/2019 (20 minute delay) ?
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Last
$14.35
  Change
-0.140 ( 1.28 %)
Open High Low Volume
$14.39 $14.55 $14.30 613061
Last updated 15.59pm 15/11/2019 (live) ?
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