NWH 1.30% $3.90 nrw holdings limited

Bullish Sign? - Bounced off 200 EMA, page-2592

  1. 5,305 Posts.
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    Hello Parma and I have been doing a bit of reading .

    If I rightly comprehend* a thing I read online today, it confirms what many here (and the brokers) already anticipate - ‘the party’ is just warming up.
    So my sentiment is back to ‘BUY’ too.

    (No, I do not know with who, where, what or how much it is worth ...and I won’t post the link which only held a hint anyway - NOT from a haruspicy site - and I do not recommend anyone buys more shares on the strength of hints of a hint in an undisclosed link by someone whose dreams and maths are wayward and contrary because the American market might crash again anyway )


    Regardless of all that, some weekend entertainment :
    NRW -for anyone who hasn’t worked it out for themselves - WILL get more contracts and deserves to be revalued even without any new contracts .

    As a company it is ‘the bees knees’.
    upload_2019-1-26_13-12-50.jpeg


    One of the iron ore sector's most experienced mining contractors....” says James Thomon, The Australian Financial Review's Companies & Markets Editor. https://www.copyright link/business...osts-surge-as-big-three-build-20190104-h19qs4

    One of Australia’s leading mining services and construction suppliers”.... Zach Relph The West Australian https://thewest.com.au/business/min...-work-in-glistening-gold-sector-ng-b88921613z
    Here is our CEO, Jules Pemberton speaking at one of Australia’s most important annual mining sector events, the Diggers and Dealers, last August.
    upload_2019-1-26_13-23-5.jpeg
    “Jules Pemberton’s speech marked just the second time in the forum’s 27-year history that a mining services company has presented to delegates. Picture: Simon Santi”

    The significance of this should not be underestimated ; The first presentation spot offered to a mining services company (also last year) was to ac Ausdrill, founded by Western Australian icon, Ron Sayers, in 1987 on the occasion of his retirement . (Ron was also awarded the conference’s highest honour - the G. J. Stokes Memorial Award.) https://thewest.com.au/business/min...lects-g-j-stokes-memorial-award-ng-b88922508z

    Nor should the discrimination of the ‘blue blood’ tier one companies NRW services including BHP, RIO, FMG and OZM.




    QUESTION TIME :

    Q: “If NRW Holdings is so good why is the price so low?”


    Sabine : “Here’s a refresher of recent comment by posters who understand numbers better than me. Yes it does seem low.
    @Danzar : “I did some rough numbers after guidance, but they were rough. PE is 16x vs peers that are running at 18x-22x. If you assume 1H19 guidance on a trailing basis, it's notionally trading 8x, very undervalued to me.”
    @Pioupiou: “A (broker) target SP is mooted as $2.25, and the contract wins at South Flank, Eliwana and Koodaideri are regarded as harbingers of more to come from those projects......
    ...On the $2,25 mentioned, my crude guesstimate posted on 21/01/19 derived a forecast EPS of $1.1 billion x 7.5% divided by 370.6 shares = 22.3 cents, which at a PER of 10 suggested $2.23. The calculation is so crude that I stuck to my long-held round number of $2.30.”



    Q: “Yes, seems like it is well priced . But if it is such good value why has the price actually been outperforming other companies in its sector?
    Does not that suggest NWH might be over valued ?”
    upload_2019-1-26_15-38-10.jpeg
    https://markets.theaustralian.com.au/shares/NWH/nrw-holdings-limited


    Sabine : “It is good to see someone else is bad at numbers. Look at the middle image!
    ...Not the bit where it says the price went up 3,288.89% in three years....
    I mean the way the ranking is ordered on that chart .”

    Q: “YES! - how can NWH still be undervalued when it has appreciated THREE THOUSAND, TWO HUNDRED AND EIGHTY EIGHT POINT EIGHTY NINE PER CENT in the last three years?
    -Look at the six month and one month pictures - it also out performed it’s peers there according to the Australian!”

    Sabine: “Isn’t 88 a lucky Chinese number? I have to work out the numerology of that when I get back from showing my secret link to my neighbours.
    -I don’t know why it is still ridiculously good value and go away! I was actually just having a quiet secret conversation with Parma and you sidetracked me and I don’t even know you!
    And I don’t think you should buy shares here without doing your own research! “
    Last edited by sabine: 26/01/19
 
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Last
$3.90
Change
0.050(1.30%)
Mkt cap ! $1.574B
Open High Low Value Volume
$3.91 $3.92 $3.84 $3.306M 850.2K

Buyers (Bids)

No. Vol. Price($)
2 6791 $3.89
 

Sellers (Offers)

Price($) Vol. No.
$3.91 14942 5
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
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