goucester coal a winner

Ive mentioned Gloucester Coal on a couple of previous occasions & they are going along very nicely.

I like the charts.
Daily, Weekly,Monthly...all look good

I like the fundamentals.
(Check em out)

Two seperate broker reports released in the last month or so have them earning 65 cents per share & 97 cents per share respectivly.

Currently trading ~$3 ,but based on the projected eps should be somewhere between $6.50 and $9.70 using a p/e of 10

In my opinion they are a low risk, high reward situation.
Two to three times current price.... for a 6 to 12 month hold.
Throw in a dividend or two ( a real probability ), & they are even more attractive.

I hold.

Caveat emptor,

Bendigo