NCM (ASX) Takeover target

NCM

Click for more information

2.75%

$28.78 newcrest mining limited

First 19 Last

Share
Profile

Follow
Moneymaker1979

2,336 Posts.

50

02/10/18

14:28

Post #: 35965696
Share

Originally posted by smartdude: ↑

NCM Value

NCM has massive reserves that must be on the radar of some big players. Is NCM at below $20 vulnerable to a takeover?

Expand

Originally posted by hopefull4ever: ↑

I believe it is vulnerable to a T/O. It not only has massive reserves but has one of the worlds longest mining life as well. Think about the US$ to A$ rate now, must be tempting for an American company or Chinese one. Perhaps even BHP , its after copper and NCM has plenty of that. Cadia and Lihir are world class assets.

Expand

Originally posted by sydneyguy: ↑

World
Class assets which produce little in terms of shareholder returns -

Aud gold
And copper price below last year and profit was tiny- production is still stagnant after years and it’s already trading at insane pe!

As the overdraft comes
Down- they have flagged they need to spend a lot of capital ——-ie build debt again- telfer

Lihir not doing that great

They should imo get new ceo- operation edge and everything else did nothing imo - it was merely a pop in gold price and copper prices and fall in aud that saved ncm

- sell all the mines pay off all debt- just operate Cadia and the bank balance will grow significantly and quickly and shareholders will be better rewarded—— its a long life mine—- the other big chunks of resource and reserves just cost money to hold, maintain and develope—- shareholders could get rewarded quickly if this businesses ness was broken up imo

Expand

NCM Price at posting: $19.14 Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

HotCopper Highlights: Your most watched stocks for Week 47, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

There are more pages in this discussion • 15 more messages in this thread...

First 19 Last

Add NCM (ASX) to my watchlist

Top Stories

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Scientific conference spotlights PYC's work on blindness disease treatment

Sales growth pushes Lovisa's fortunes (and shares) upwards

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL