NHC 0.64% $4.70 new hope corporation limited

what will happen as we hit ex date?, page-2

  1. 130 Posts.
    Technical
    -SP is still increasing (since ~$3.10) since after Nov-Feb. Long period of increasing SP suggested real fundamental reasons behind the driving force
    -increasing vol since sept may suggest short term buying for dividends
    -intra-day volatility is low (~2%) suggesting NHC is not a day trader's type of stock
    -conclusion: may retrace a little on ex-divi date. If I was a gamble person, say 4% (or double normal daily volatility rate)

    Fundamentally:
    -long term driver is always the management. So far management has made all the right decisions:
    -investment in Arrow
    -expanding coal port handling facility
    -restarting and expanding coal productions to satisfy overseas demands

    Future SP drivers
    -PGS investment
    -coal to synthetic fuel
    -coal price (UBS last week increase its price prediction)
    -Asian economies (predictions for 3-5% in the immediate future)

    Personally I would accumulate on retracement on ex-divi date (if look over done)
 
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Last
$4.70
Change
0.030(0.64%)
Mkt cap ! $3.905B
Open High Low Value Volume
$4.65 $4.73 $4.64 $6.782M 1.444M

Buyers (Bids)

No. Vol. Price($)
3 13252 $4.70
 

Sellers (Offers)

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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