NHC
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2.74% $4.87 new hope corporation limited

Not a bad result at all, free cash flow very healthy and the...

  1. roughie12
    1,092 Posts.
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    20/09/16
    13:05
    Post #: 19282016
    Not a bad result at all, free cash flow very healthy and the result was impacted by one offs like stamp duty from the Bengalla purchase.

    Outlook positive on coal price lift and management expect a final Akland mine approval by years end, personally this is the kicker to start NHC on a rise similar to WHC and Co.

    In the time being ill sit back collect the dividend and watch the coal price track higher

    NTA $2.03 a share cash positive no debt
    NHC Price at posting: $1.52 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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$4.87 		Change
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