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AKS Steel (AKS)
An SI Board Since January 2013
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4 3 0 AKS
Emcee:  BWoodberry Type:  Unmoderated
With the recent downgrade reeking havoc in the share price if AK Steel, there must be a few fundamentals to look at It is trading among the lowest multiples in the sector. With todays’ earning release it is apparent management has taken the steps to return the company to probability. The average consensus for the industry is 6.44 for the share price, which is significantly hired than todays current share price of $4.05. Although our growth is anemic, demand to cars and construction projects have increased positioning this company to reap the profits of increased demand. Steel prices are improving which is apparent with AK Steel increasing the price of both rolled steel and carbon steel products demonstrates. They have also focused capital investment in the ability to produce their raw material further reducing the cost of operations. I think AKS is poise to outperform the overall sector.



Disclosure: I own a significant position in AK Steel and plan to add the position in the next 72 hours.
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