Professional
Added to YB: 2026-01-12
Pitch date: 2026-01-09
BSL.AX [bullish]
BlueScope Steel Limited
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, and North America.
Market Cap
AUD 13.1B
Pitch Price
N/A
Price Target
33.00 (+12%)
Dividend
2.01%
EV/EBITDA
9.63
P/E
177.80
EV/Sales
0.84
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.
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