GCL 0.00% $3.54 gloucester coal ltd

re: decreasing forecast eps is the worry rising costs and...

  1. 616 Posts.
    re: decreasing forecast eps is the worry rising costs and falling contract prices are expected, however since they are paying divs the pe should be at least 7 which places value at $3.50 - $4.

    l think market is waiting to see next venture - expand mines or buy another, both of which likely to see price drop. Still, very cheap at these levels.
 
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