Comments for STLD - Stockpickr! Your Source for Stock Ideas

Comments for STLD

Added By	Comments	Type	Date Added
barrons3	Reports Monday..	Love	October 21, 2009
barrons3	Tanners, of UBS, favors Steel Dynamics (STLD), another mini-mill specialist, which she says is in a better position than U.S. Steel to restart production quickly and respond to spot demand. "It doesn't have the same high cost structure as U.S. Steel," she says.	Love	October 10, 2009
bsharkody	Buy between 11 to 13	Love	September 15, 2009
barrons3	Price cuts for iron ore and a perceived bottoming out of the economy are helping to lift steel stocks. However, steel prices have plunged from last year's record level as demand has declined. That's caught up with dividends at Steel Dynamics. The minimill company (STLD) makes structural steel and steel-bar products and is one of the largest U.S. metal recyclers. On Tuesday, it slashed its quarterly payout 25%, to 7.5 cents a share from a dime, for an annual saving of some $18 million. It initiated payouts in 2004 and had been enhancing them every year. Shareholders of record June 30 will receive the reduced payout July 10. The ex-dividend date is June 26. Fort Wayne, Ind.-based Steel Dynamics also said that it will sell 27 million shares and offer a $150 million aggregate principal amount of convertible senior notes due 2014. The proceeds from the offerings will help repay a term-loan balance of $552 million, as of March 31. In a note to investors, analyst Brian Yu of Citi Investment Research called the transaction a "net positive" for the company, whose debt has "been an ongoing overhang." Standard & Poor's on Wednesday removed Steel Dynamics from CreditWatch and affirmed its less-than-investment-grade double-B-plus credit rating with a negative outlook. S&P analyst Marie Shmaruk said the rating reflects the company's exposure to highly competitive and cyclical markets, aggressive growth plans that include significant capital expenditures, acquisitions and high debt. On the plus side, Steel Dynamics has a "very low cost position, flexible operations and improved product diversity," Shmaruk added.	Love	June 06, 2009
hrbart	growth	Love	June 05, 2009
tadharrison	strong stock buy back program & growth	Love	April 15, 2009
sarah z	From a recent Mad Money show:"It's OK. Both United States Steel (X) and Nucor (NUE) are better names. I'd want either of those before yours."	Love	March 04, 2009
sarah z	From a recent Mad Money show:): "If we want a steel company we're going to buy Nucor (NUE), but only once that one comes down a bit."	Love	December 29, 2008
sarah z	From a recent Mad Money show:"If we want a steel company we're going to buy Nucor (NUE), but only once that one comes down a bit."	Love	December 26, 2008
sarah z	From a recent Mad Money show:"If we want a steel company we're going to buy Nucor (NUE), but only once that one comes down a bit."	Love	December 26, 2008
sarah z	From a recent Mad Money show:"Why would I buy that one when I have United States Steel (X) and Nucor (NUE) all the way down at their 52-week lows. I like either of those more."	Love	December 02, 2008
stockerblog	PE of 3, a PEG of 0.29, and it pays a yield of 4.2%.	Love	October 14, 2008
sarah z	The board of directors of Steel Dynamics Inc. has authorized the buyback of an additional 10 million shares of company stock under the company’s existing repurchase plan. On July 29, the Fort Wayne, Ind.-based company’s board approved the repurchase of 5 million shares. It earlier had approved the buyback of 3.9 million shares. Since the July 29 authorization, Steel Dynamics (NASDAQ: STLD) has repurchased 7.9 million shares, the company said in a news release. “This increase in authorized shares, on top of our recent strong share repurchase activity, is as clear an indication as our board and management can give of our belief that our stock is significantly undervalued,” Steel Dynamics chairman and CEO Keith Busse said in the release. “We continue to believe that the purchase of our stock at these prices will deliver outstanding value to our stockholders and is one of the most appropriate uses of our resources at this time. Moreover, we believe that we can do this without sacrificing expansion, capital investment or growth plans.” The stock trades for 5.4x cash flow.	Love	September 10, 2008
barrons2	Meanwhile, we have so little actual industry in the Nazz: Paccar (PCAR), Joy Global (JOYG), Steel Dynamics (STLD). It is almost as if they have to do all the real lifting because tech can't work.	Love	April 03, 2008
barrons2	He also said to buy Steel Dynamics (STLD) any time it hits its 50-day moving average.	Love	April 02, 2008
High Dividends	33%	Love	March 09, 2008
barrons2	Steel Dynamics (STLD), a minimill producer of structural steel and steel-bar products founded in 1993, hiked its quarterly 33% and declared a 2-for-1 stock split. "These actions...are a clear indication of the confidence we have in our ability to continue driving growth and creating value for our shareholders, by capitalizing on many exciting opportunities that lie ahead," said CEO Keith E. Busse. Holders of record March 19 will receive their shares on or about March 28. The ex-date is March 31. In 2007 and on a presplit basis, the Fort Wayne, Ind., company paid 10 cents a share plus a five-cent bonus each quarter, or the equivalent of a post-split quarterly of 7.5 cents. It's shifting to one regular quarterly of 20 cents a share, or a split-adjusted 10 cents. For the dividend, the payment, record and ex- dates are April 11, March 31 and March 27, respectively. Dividends have been ongoing since 2004 and enhanced every year.	Love	March 08, 2008
Ryan4891	2 misses	Love	March 05, 2008
Demian Warner	Supply has caught demand.	Hate	February 03, 2008
Mbaum	Ever see a railroad track rail over 1300 ft long	Love	January 07, 2008
jeff gropper	speculation	Love	November 24, 2007
jtowne22	own stock	Love	November 16, 2007
gina ballenger	I like steel plays, because I feel that there is a good demand for them	Love	November 06, 2007
mthurman	recommended by Zack's	Love	September 16, 2007
delcaridad	steel in play	Love	September 14, 2007
delcaridad	steel in play	Love	September 14, 2007
delcaridad	steel in play	Love	September 14, 2007
tyoumans	morningstar screen	Love	August 16, 2007
john77056	steel	Love	August 09, 2007
re5655	expansion	Love	June 23, 2007