NWH 0.26% $3.89 nrw holdings limited

Bullish Sign? - Bounced off 200 EMA, page-2698

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    Some months ago I looked at the value of the Roy Hill railway contract, and prorated its value by the length in kilometres, and arrived at $300 million for Eliwana. Josh01 had mooted $285 million, so I figured somewhere between $250 million and $300 million would be a good range for Elwana. See Post #:37200039 of 23/01/19Time:14:29:00.

    On the accounting-standards mumbo jumbo, my view is that these are just games that might affect statutory profit, and hence the perceptions of the lumpen crowd, but they have little effect on the intrinsic value of the stock, and perhaps little affect on the reported profit too. Somebody who has a deeper interest in the matter than I do can delve into the facts. Note that I used the word "might" and not "may" or "should". That means I think the matter is unlikely to be meaningful.
 
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