NHC 1.90% $4.64 new hope corporation limited

afr street talk: citi upgrades nhc to a buy, page-8

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    Hi all, I just have got into green (my purchase price was $5.04 and just like you am a bit worried about a very high PE. They have had upgrade on their reserves recently, so maybe that might make up for the high PE, just guessing. Is it worth holding? Citi has a target price $5.60 but I am not sure that it will get there anytime soon. Any other thoughts?
 
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