Professional
Added to YB: 2026-01-12
Pitch date: 2026-01-09
BSL.AX [bullish]
BlueScope Steel Limited
+9.26%
current return
Author Info
No bio for this author
Company Info
BlueScope Steel Limited engages in the production and marketing of metal-coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally.
Market Cap
AUD 14.4B
Pitch Price
AUD 28.40
Price Target
33.00 (+6%)
Dividend
3.95%
EV/EBITDA
8.82
P/E
18.24
EV/Sales
0.94
Sector
Metals and Mining
Category
special_situation
New trade idea - $BSL.AX
BSL.AX: SGH/STLD consortium made 4 bids over 12 months, leaked $30/share offer after BoD rejection. Mgmt deck shows $33-34 fair value ($30 operational + discounted land). Major shareholders buying at $29-30, rejecting current bid. Expect $32-33 bump (10%+ upside) as committed bidders pursue 12-month chase.
Read full article (2 min)