NHC
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2.74% $4.87 new hope corporation limited

re: Ann: Presentation to Analysts - Half Year... CIMB has a...

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  1. asf
    9,888 Posts.
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    27/03/14
    12:28
    Post #: 13180601
    re: Ann: Presentation to Analysts - Half Year... CIMB has a one-year price of $2.80:

    http://www.fnarena.com/dsp_recommendations.cfm?searchsymbol=nhc

    So, maybe buying in @ $2.50 is the go?

    NHC has provided a dour outlook for the rest of the year. It had $1.23b in cash, and now has $1.1b, so it has blown $103m. Still has loads of cash, though. I am wondering if it might be worthwhile for it to buy out the rest of WCL (NHC alrady owns >17% of WCL), now that WCL has a gas sale agreement, and has decided to knock back the takeover offer it had.
    NHC Price at posting: $2.97 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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$4.87 		Change
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