| SELL | 70.520 | Bruce Campbell | Being acquired and the price is so high, that if you own, you have to take the cash. If you want to be in steel, there will probably be another steel stock that would be a better buy. | 2006-01-24 | |
| SELL | 72.450 | Brian Acker, CA | Being acquired. He would consider selling it as the bidding war it is getting kind of crazy. | 2006-01-17 | |
| DON'T BUY | 46.970 | David Baskin | Fully priced. Dividend makes it look attractive but the ability to grow profits, given the softness in steel, makes it pretty expensive at this price. | 2005-09-08 | |
| WEAK BUY | 41.100 | Gordon Higgins, CA, MBA, CFA | Steel companies have really cleaned up their balance sheets with the high price of steel. This company has a nice healthy yield. The issue with them is that their steel gets used in autos, so when autos pull back, this one will too. Trading at a little under 10 X earnings so a slowdown is already priced in. Not sure of how much upside there is. | 2005-08-11 | |
| DON'T BUY | 39.760 | Ross Healey | Was looking at the steel industry, but missed its pull back, so didn't catch its bounce. After a rise of 25%, he's not going to chase it. | 2005-06-16 | |
| WEAK BUY | 39.300 | Bob Stodgell | Admires the company. They have done a good job of managing. Likes the argument that their is going to be great demand over the next several years from developing countries. Not sure if its a compelling Buy at these levels, but a very good company. | 2005-06-15 | |
| VAGUE | 33.150 | Bruce Campbell | The group including Gerdau Ameristeel (GNA-T), Algoma (AGA-T), Ipsco (IPS-T) and Dofasco (DFS-T) to a lesser extent has come off of its peak. Looks like steel prices have peaked for the cycle yet these stocks are extremely statistically cheap. Could be some activity like takeovers, as cash builds up. Find one that is cheap and could be taken over. | 2005-05-16 | |
| DON'T BUY | 32.250 | David Cockfield | This one really represents the market's opinion on where steel prices are going. Chinese have been big buyers of steel, but are now producing and will be exporting it. They also produce a lot of the steel that is used in the auto industry. | 2005-05-12 | |
| BUY on WEAKNESS | 34.230 | David Baskin | Had a tremedous run for a couple of years as steel prices went up. People thinks that steel prices are going to come down, faced with very high coal costs, high iron ore imput costs and increasing competition. However, this is the best North American steel company, good balance sheet, pays a nice high dividend. Big exposure to the auto sector. Stock could drop another 15%. | 2005-04-21 | |
| DON'T BUY | 34.640 | Norman Levine | One of the highest quality steel company in North America. Dividend is safe. Steel prices have probably peaked here for awhile and the momentum's gone off. Wait until they stop correcting. If you own, Hold. | 2005-04-13 | |
| WATCH | 34.840 | Ron Meisels | Broke out from its 15 year trading range at $34, but is now below its 200 day. Had a negative technical break which was very surprising because steel stocks historically have done well. Probably some kind of negative news that is waiting in the wings to happen When the news is announced, this 1/4 or next, the stock should have a recovery rally to $40 and at that time would sell. | 2005-04-11 | |
| BUY | 35.700 | John Sinkins, CFA | Steel stocks have been exceptionally strong in the last couple of years. There is a real mixed message in the sector with regards to China. Will they need steel or will they do their own production and exporting? Prefers Ipsco (IPS-T) because they make steel for the oil/gas industry. Should be OK, but you will have to watch it. | 2005-04-04 | |
| VAGUE | 35.700 | David Baskin | Looking hard at this one because it has come off so much. Very attractive dividend. The question is, what's going to happen to the steel market. China is producing more steel and might become a net exporter. US car market also impacts them. | 2005-03-29 | |
| DON'T BUY | 35.280 | Martin Hubbes, CFA | The drop in this stock is because they are a big supplier to the auto industry. Also, China produces the same kind of steel and their production has been rising. A very good company. Probably went up too far too fast. A little concerned about the steel sector as a whole because China is bringing a lot of capacity on line. | 2005-03-21 | |
| BUY | 36.920 | Norman Levine | The premier steel company in North America to own. Took a drop as it had goten ahead of itself. | 2005-03-16 | |
| VAGUE | 39.100 | Don Vialoux | A lot of divergance is happening in the steel industry. Steel went into an all time high Feb 9 and yet this company broke a key support level just a few days ago after reporting very strong results. What had happened is that the stock moved up in anticipation of the earnings report. Once the report came out, sold off. | 2005-02-10 | |
| DON'T BUY | 46.230 | Glenn MacNeill, P.Eng. | Steel cycle has seen a fairly good run. This stock trades on the expectation of steel prices. If you own, take some money off the table. | 2004-12-29 | |
| DON'T BUY | 42.150 | Laura Wallace | The steel companies have been wonderful investments. This one has the best operating record of any of them. Has underperformed on a stock basis. Expects steel prices to pull back a little, but earnings are going to remain at a fairly high level. | 2004-12-06 | |
| BUY | 41.300 | Jackee Pratt | Auto sector accounts for a large portion of their revenue. One of the better managed steel companies in Canada. 3% yield. | 2004-11-22 | |
| BUY | 41.300 | Norman Levine | A quality steel company. Also likes Ipsco. | 2004-09-08 | |
| BUY | 40.050 | Fred Pynn | Great management team. Most profitable steel company in America. They have been raising their dividends slowly. | 2004-08-31 | |
| HOLD | 40.890 | Robert Floyd | Steels are in the sweet spot of the market. A heavy cyclical, but when you look at the steelmakers, this is the premier. Nice dividend. A decent hold for the next 8/12 months. | 2004-08-03 | |
| BUY | 40.950 | David Burrows | Is still sector has been one of the strongest sectors. Would prefer Dofasco and Ipsco. Doesn't feel steel prices are sustainable but the pressure could continue for a while. | 2004-08-03 | |
| TOP PICK | 39.090 | Brian Acker, CA | Feels that it is trying to break out of a valuation zone. Fundamentals are strong. Huge earnings. 3% dividend. | 2004-07-06 | |
| PAST TOP PICK | 39.100 | David Taylor, MBA, CFA | (Past top pick Apr 6/04. Up 7%) Still likes. Thinks the market has got it wrong on the price of this stock. | 2004-06-22 | |
| BUY | 38.240 | Neil Wickham | The best steel Co. in Canada and probably in North America. Good productivity, efficiency and cash flow generation. Shows up well on their model. | 2004-05-25 | |
| DON'T BUY | 36.570 | Benj Gallander | Trading near historical highs. A well-managed company. Not a contrarian play. | 2004-04-19 | |
| BUY | 36.350 | David Baskin | You have to go for the high quality company in this industry. Making money hand over fist. More cash than they know what to do with. Steady dividend. | 2004-04-13 | |
| TOP PICK | 36.330 | David Taylor, MBA, CFA | Likes the steel stocks. Clean balance sheet. Best assets in the business. 3% dividend. Cheap. | 2004-04-06 | |
| BUY | 34.600 | Bruce Campbell | Steel stocks have not fully reflected at all what is happening in steels. | 2004-04-01 | |
| BUY | 34.660 | Norman Levine | Likes the outlook for steel stocks. Steel prices are very strong. There is a strong demand for rolled plate steel and tubular goods. | 2004-03-22 | |
| BUY | 36.220 | Peter Brieger | A good long-term blue-chip Canadian stock. As long as the economy keeps on rolling, the steel sector should benefit. | 2004-03-01 | |
| HOLD | 32.500 | Brian Acker, CA | If Stelco goes bankrupt, are they going to dump some of their steel, will the government have to step in, etc.? Cut back your holdings and watch. | 2004-01-30 | |
| DON'T BUY | 30.900 | Ted Macklin | A well-managed steel company. Good balance sheet. Not a fan of the steel industry. | 2003-12-03 | |
| VAGUE | 29.850 | Michael Sprung | If the US takes the tariff off of steel, this will be good news. | 2003-12-01 | |
| DON'T BUY | 31.200 | Laura Wallace | The best run steel company in Canada. Quite vulnerable to a rising Canadian dollar. | 2003-10-15 | |
| BUY | 31.080 | Peter Brieger | Feels it is the best steel Co. in North America.Can see a 10/12% capital gain from here based on $2 of earnings this year and $2.70 next.Has a reasonable dividend yield.Sees the price of steel improving. | 2003-08-27 | |
| BUY | 29.810 | Glenn Paradis, BA, CFA | Well-run and a good balance sheet.A good stock to own for a cyclical play.There could be a lot of leverage on the upside.Could be a little cheaper. | 2003-08-13 | |
| DON'T BUY | 29.500 | John Zechner | They deliver better than anybody in the sector.Valuation is good.Making money.Doesn't see a lot of upside in the steel industry. | 2003-08-07 | |
| BUY | 29.840 | David Taylor, MBA, CFA | A top quality.Well run.Great assets.Manages to make money, even though the steel industry is down.Thinks steel prices are ready to turn.Dividend. | 2003-08-05 | |
| HOLD | 26.950 | Ted Macklin | Well managed. Steel industry is in difficulty. | 2003-07-03 | |
| DON'T BUY | 26.460 | David Burrows | North American steel is having a very tough time. They have not participated in the recent rally. | 2003-07-02 | |
| DON'T BUY | 26.010 | Benj Gallander | Dividend. Good management. Steel is too far out of favour. | 2003-06-30 | |
| TOP PICK | 27.650 | Bill MacLachlan | Well managed. Increased their dividend. A core holding. | 2003-04-04 | |
| HOLD | 27.510 | Laura Wallace | Best managed of the steel companies. Not a fan of the steel sector at this time. | 2003-03-26 | |
| BUY | 27.780 | David Burrows | Has been solid and holding its own. A weak US dollar will help them. | 2003-03-17 | |
| DON'T BUY | 27.150 | Ross Healey | Well run. A little high now. | 2003-03-04 | |
| BUY | 27.350 | Robert Floyd | Best Canadian steel operation. | 2003-02-07 | |
| TOP PICK | 28.650 | Peter Arender, CFA | Good valuation and a yield over 3%. Should move up 30%. | 2003-02-04 | |
| WEAK BUY | 30.590 | Gordon Higgins, CA, MBA, CFA | Steel prices are firming up. Prefers Stelco. | 2003-01-10 | |
| TOP PICK | 29.130 | Brian Acker, CA | 3.7% yield. A defensive move. Get paid while you wait. | 2003-01-09 | |
| BUY on WEAKNESS | 29.110 | Vincent Delisle | Good forcasts. Dividend. Buy under $30. | 2002-10-17 | |
| BUY | 30.870 | David Burrows | Likes the steels. Prefers Dofasco. Good earnings leverage. | 2002-08-23 | |
| TOP PICK | 28.990 | Steven Wippersteg | Expects economy to go up this year and next. | 2002-08-08 | |
| BUY | 28.700 | Fred Ketchen | Good numbers. His first choice in steel companies. | 2002-07-30 | |
| DON'T BUY | 27.600 | Michael Sprung | Steel may be taking a rest. May be at its high. | 2002-07-15 | |
| DON'T BUY | 30.140 | Mark Jackson, CFA | Dividend. Economy is the driver. If playing the economic recovery, would prefer Magna. | 2002-07-09 | |
| TOP PICK | 31.000 | Ian Nakamoto | (Was a top pick on Feb 6. Up 10%). Good dividends. Steel is turning. | 2002-07-04 | |
| BUY | 32.430 | David Burrows | Will be a beneficiary of a stronger economy. | 2002-05-31 | |
| BUY | 31.000 | Laura Wallace | Prefers over Algoma. | 2002-05-22 | |
| BUY | 31.500 | Ian Nakamoto | Prefers over Algoma. | 2002-04-17 | |
| DON'T BUY | 31.500 | John Zechner | Not sure that steel prices are sustainable. | 2002-04-11 | |
| DON'T BUY | 28.260 | Ross Healey | No earnings. Too expensive right now. | 2002-03-28 | |
| TOP PICK | 27.440 | Jack Cook | An economic recovery will help the steels. Good dividend. | 2002-03-25 | |
| DON'T BUY | 28.080 | Ross Healey | Fair Market Value = $17/18. Expensive stock at $28. Has an above average dividend. | 2002-02-28 | |
| TOP PICK | 28.550 | Ian Nakamoto | Solid company. Made a profit in 2001. Economic upturn will benefit it. | 2002-02-27 | |
| TOP PICK | 28.350 | Ian Nakamoto | Sector is starting to turn. Nice dividend. | 2002-02-06 | |
| BUY | 28.600 | Nereo Piticco | Good yield. Steel section is improving. Will be a slow growth. | 2002-02-04 | |
| BUY | 28.600 | Gavin Graham | Probably near its low. Should do well when economy turns. | 2002-02-04 | |
| DON'T BUY | 27.540 | David Baskin | Well managed and a good dividend, but wary of the steel industry because of US action on imports. If there is an economic recovery, it should do well. | 2002-01-18 | |
| BUY | 27.500 | Gavin Graham | In steels, prefers Dafascoe or Ipsco. Buy steels on an economic upswing, but sell when it gets higher. | 2002-01-15 | |
| BUY | 27.560 | David Burrows | Prefers over Co-steel. | 2002-01-14 | |
| DON'T BUY | 25.200 | Eric Bushell | Will be an under performer compared to other steel companies. | 2001-12-13 | |
| TOP PICK | 23.290 | Malvin Spooner | Expects economy to pick up. Present yield is 4.8%. | 2001-11-13 | |
| DON'T BUY | 25.300 | Ian Nakamoto | Steel industry is in disarray. Prefers this over Stelco. | 2001-09-05 | |
| BUY | 26.730 | John Embry | Quality company. Good place to be. | 2001-08-01 | |
| DON'T BUY | 25.160 | Gordon Higgins, CA, MBA, CFA | Great company, but steel is weak now. | 2001-07-25 | |
| DON'T BUY | 25.950 | Ian Hardacre | Best steel company in Canada, but not a fan of steel | 2001-07-17 | |
| BUY | 24.550 | John McColl | Good mngmnt/product mix. Buy on economic turn. | 2001-07-10 | |
| WEAK BUY | 24.220 | Phil Smith | Not a fan of steels. Good dividend. Prefers over Stelco. | 2001-03-14 | |
| DON'T BUY | 24.300 | Fred Sturm | Auto downturn, US government import restrictions, dumping | 2001-02-27 | |
| BUY | 22.400 | Nereo Piticco | A very cheap stock. Missed their earnings. Sound company and good earnings. Good dividend. Safe | 2001-02-13 | |
| BUY | 20.550 | Ian Nakamoto | At a 2 year low.Likes better than Stelco. A well run company | 2001-02-05 | |
| DON'T BUY | 20.800 | David Goodman | If you own there is limited downside, so hold. If you don't own there are better plays | 2001-01-22 | |
| BUY | 22.500 | John Embry | Prefers this over Stelco | 2001-01-15 | |
| DON'T BUY | 19.700 | Brian Acker, CA | Pre announce earnings cut in half | 2000-12-19 | |
| DON'T BUY | 22.000 | Ross Healey | Dumping case re steel imports looks good but will take time | 2000-11-08 | |
Experts that have talked about Dofasco
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