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TimkenSteel Corporation (TMST)

NYSE - NYSE Delayed Price. Currency in USD
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14.46-0.29 (-1.97%)
At close: 4:00PM EDT
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  • E
    Equalizer
    Call sounded good to me

    80%+ melt capacity and order book filled for second qtr.

    $10 million in profit and they took $7 million charge for closing melt shop.

    No pension plan payments until 2028

    Losing some more top heavy Vice President positions.
    Bullish
  • p
    popeye
    TMST - Buyout? Who knows. But I* will make the case for it.
    - CLF already has approved 600 million treasury shares.
    - They could easily buy TMST with NO CASH via stock exchange.
    - CLF already has done this.
    - CLF could eliminate at least 1/2 of back office with significant synergies.
    - CLF also has the largest auto presence in north America and could significantly increase TMST's footprint in that sector.
    - CLF could provide all raw materials at cost (or intercompany @ 8% to 10%) depending on how deal is structured.
    - CLF has repeatedly stated the desire for high valued added products.

    Easily could be accretive day one which makes it a "BUYOUT TARGET".
  • j
    john
    Just cancelled my June 18 $17.50 cover call... because I am certain this will be at $20 very soon. China is actively increasing tax on exporters to keep steel in China, and it is encouraging steel imports by lowering import tariff. No wonder Daido is buying Timken Shanghai to be a key distributor. The steel cost increase isn't temporary, it is just going to get worse.
  • E
    Equalizer
    Woooooo

    3 million less shares in June and more highly profitable defense orders rolling in the second half of the year means this girl is poised to run.

    Better get on board this money train and ride it to the moon.
    Bullish
  • j
    john
    I think this is going to $20 before next earnings call.
  • j
    john
    Chinese steel company Daido Steel is buying TimkenSteel Shanghai to become a key authorized distributor of TimkenSteel products.
  • j
    john
    People trading after hours at $13.50 the last few days. I wonder if it means anything.
  • j
    john
    If infrastructure bill is pushed through, all basic materials pricing will continue to push higher and that will benefit companies like CLF and TMST. CLF already over $20. I am sure TMST will soon follow. Can't wait for Q1 earnings call.
    Bullish
  • j
    john
    Shares Short (Apr 15, 2021) 5.13M
    I wonder what they are thinking....
    Bullish
  • T
    THE "GREAT ONE"
    BOYS...TODAY WAS YOUR OPPORTUNITY TO SELL. THE MOVE IS OVER.
  • Y
    Yahoo Finance Insights
    TimkenSteel is up 12.00% to 13.25
  • E
    Equalizer
    The labor contract expires in Sept.

    Wouldn’t expect any buyout until that is settled
    Bullish
  • E
    Equalizer
    Pullback ?

    Three price increases in the last three months.

    The worlds largest vertical caster is about to ramp up to 70% utilization rate.

    Oil prices on the rise and the energy sector right is only about 10-15% of sales.
    Bullish
  • E
    Equalizer
    No shame in taking profits.

    However , another price increase and orders pouring in mean we’re headed higher.

    Won’t be surprised to see this one double again.
    Bullish
  • d
    dan.
    The future looks great
    Bullish
  • j
    john
    Everyone left the party?
  • E
    Equalizer
    Took 25% of my position off table a little under 12 just to bank profits after a double up but she’s headed higher. Yet another price increase last week
    Bullish
  • L
    Lance
    no offense to Keybank,...but this move is not from the upgrade...guess the time has come...hopefully its good news
  • T
    THE "GREAT ONE"
    BOYS...THIS STOCK MAXED OUT AT 12. IT MAY HIT 12 AGAIN, BUT THATS LIKELY THE CEILING. I LOVED IT IN THE 3'S BUT THE MOVE HAS HAPPENED. ITS DEAD MONEY NOW !!!!
  • E
    Equalizer
    Aggressive cost cuts and an order book that is filling up fast.

    This company is positioned perfectly to take advantage of rising oil prices and the upcoming economic super cycle.
    Bullish