thats a PE on current sp, the EV is what hurts they owe a fair bit of money and I would say they will be paying that down before thinking of a dividend CAnt say I am too impressed with the announcement but at least they are differetiating each business segment in its loss or profit for the corporate entity. pitty they couldnt have had a put on the steel they bought. I am close to pushing the sell button on this one, rather lack luster performance from a company that was suppose to be at the head of its game
STS Price at posting:
92.5¢ Sentiment: None Disclosure: Held