NHC 0.64% $4.70 new hope corporation limited

The latest quarter report shows the company selling 2.5 million...

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    The latest quarter report shows the company selling 2.5 million tons of coal in the last 6 months. If this is extended to annual output, they will need to make a net margin after all costs of $24 per ton for a decent return of 10% only part of which investors will see as dividend. While coal companies do not like to publish their all in costs, it is hard to see anyone in this sector having $24 as even gross margins. I can't quite see the value in the company and I think it will have to fall by a long way  (to about 55c) before it is investment-worthy. Just my thoughts of course.
 
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$4.70
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$4.65 $4.73 $4.64 $6.782M 1.444M

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No. Vol. Price($)
3 13252 $4.70
 

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Price($) Vol. No.
$4.71 22275 1
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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