Share Trading Tips | Bluescope Steel Limited (ASX: BSL)

Hi Everyone,

‘Ask Dale’ share trading tips is a segment where each fortnight I review one listed company from the Australian share market, suggested by our Your Trading Mentor members. If you would like me to review a stock that you either currently hold or are looking to trade then please get onto Your Trading Mentor and tell me what share you want me to analyse. Whilst you are there you will enjoy share trading tips along with great education and other information on how to profit from the share market.

In this edition of  Ask Dale’ share trading tips, I provide my thoughts on the Australian stock Bluescope Steel Limited (ASX: BSL). BlueScope Steel Limited manufactures and distributes flat steel products in Australia, New Zealand, the U.S., and internationally. It provides steel slabs, hot and cold rolled coils, steel plates, and value-added metallic coated and painted products. The company also offers iron sands; metal coated and painted steel building products, such as pre-painted COLORBOND steel and zinc/aluminum alloy-coated ZINCALUME steel; and hot rolled coil and thin strip casting products. In addition, it offers LYSAGHT range of steel building products, including roof and wall cladding, steel house framing, rainwater products, fencing, purlins and flooring systems, meshes and walkways, and home improvement products. Further, the company is involved in metal coating, painting, roll-forming, and distribution operations for the residential and non-residential building and construction industries; and providing steel products to the building and construction, automotive, white goods, manufacturing, general manufacturing, agriculture, and mining industries. Additionally, it designs, manufactures, and constructs custom-engineered steel buildings, such as factories, bulk warehouses, and stores; and manufactures and markets framing and cladding systems, and steel building components. The company was formerly known as BHP Steel Limited and changed its name to BlueScope Steel Limited in November 2003. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia.

Click play on the video below to view my analysis and get some great share trading tips you can apply directly to this stock.

Dale Gillham
Chief Analyst
Wealth Within

Dale Gillham, ‘one of the country’s most respected analysts’ (Wealth Creator Magazine, Nov/Dec 2004), sought after key note speaker and author of the best selling book ‘How to Beat the Managed Funds by 20%’, has assisted thousands of traders and investors to learn to trade shares and become confident and profitable in their direct share investments. Tired of an industry saturated by quick fix gimmicks and expensive short-courses, Dale co-founded Wealth Within to provide ‘ real education and ongoing personalised support’, as well as independent investment advice to traders and investors who have become disillusioned by the market for one reason or another. As testament to this, Wealth Within launched Australia’s first and only nationally accredited Diploma of Share Trading and Investment and Advanced Diploma of Share Trading and Investment. For more information please visit www.wealthwithin.com.au