In terms of consolidation the EU will look at this. The pricing power it will give is going to cause difficulties for other steel companies.
More Quotes from Stephen Pope:
The whole industry is very fragmented. We'll see this market consolidate.Stephen Pope
Reorganization is costly and questions are asked how effective it will be. Look at Smart, the street just wants the brand killed off. Why throw more money at a bad idea.
Stephen Pope
The time to buy this stock is when you stop getting mixed messages from the board. The timing of the CEO departure isn't very clear and shareholders need to know so they can draw a line under it and move forward.
Stephen Pope
It's good, and it's probably going to cause a flutter in the share price when it opens. People will be very pleased that there's some good news. It's been one bump in the road after another.
Stephen Pope
The European car industry is really delivering the type of product that people want to buy, at the price that they are willing to pay.
Stephen Pope
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