IEC 0.00% 0.1¢ intra energy corporation limited

Wall of Capital, page-4

  1. 106 Posts.
    lightbulb Created with Sketch. 5
    There are a few tail winds in play for this stock at the moment, assuming the government doesn't intervene in some unfortunate fashion. Thats now two months in a row of "small profits", record production and sales and sufficient build up in inventory to cover them a month out. The new screener put in place for this month, should further improve efficiency/reduce costs and hopefully continue the small profit pattern of late.

    There is this, which will result in increase coal demand:
    http://www.globalcement.com/news/it...inoma-and-hengya-cement-to-build-us-1bn-plant

    And still the potential SynoHydro 270mw coal fired power plant which will similarly see a step change in demand.

    Should one or both of these projects get up, the challenge/risk will be whether the government forces them to sell the coal to SynoHydro and Sinoma and Hengya at below market rates. Something I wouldn't put passed them.

    Things are looking up for IntraEnergy save for any missteps by the government
 
watchlist Created with Sketch. Add IEC (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $2.536M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $1K 1M
IEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.