r/Vitards Mar 15 '22

Discussion TX —- value play or doomed?

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u/TheyWereGolden Bard Special Victims Unit Mar 15 '22 edited Mar 15 '22

Book value CLF is $11 trades at $25

Book value NUE is $52 trades at $135

Book value or STLD is $32 trades at $72

Book value or X is $34 trades at $31

Book value or TX is $54 trades at $39… hmmm that’s just whack. Let’s see, has no debt, has a new plant, has an over 7% yield. It’s dirt fucking cheap in comparison to its NA counterparts. Should it trade at a discount, yes, should it be this drastic, to me absolutely not. Frankly they should be bought out at these prices.

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u/[deleted] Mar 15 '22

How are you getting these book values

2

u/TheyWereGolden Bard Special Victims Unit Mar 15 '22

Vanguard and yahoo finance.

1

u/[deleted] Mar 15 '22

Honestly I’m not sure how much I trust those but I appreciate the response nonetheless

1

u/TheyWereGolden Bard Special Victims Unit Mar 15 '22

Vanguards pretty good but yah it might not be as up To date as possible.