Nightmarez3k
2022-05-18

$New Hope(NHC.AU)$


Heading back up. Big quarterly numbers coming out end of May 2022. Newcastle coal price is up and averaging over $300usd/tonne. The Australian dollar are now 70 cents.


Interesting to see if the quarterly shows profits of $500M for this quarter. Which is more 50 cents in earnings per share for 3 months. 


Coal is printing money...who would have thought?

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Comments

  • BellaFaraday
    2022-05-18
    BellaFaraday
    Isn't the P/E ratio of 40x a bit high?
    • Nightmarez3kReplyNightmarez3k: 
      I regret trimming at $2 and trimming at 3. But thats life. Just need to learn for next time.
    • Nightmarez3k: 
      Forecast PE is around 3 if it makes 1 billion dollars a year. If it makes more than 1 billion a year it will be a PE of less than 3.

      This quarter they are expected to a profit of 500M.

  • HilaryWilde
    2022-05-18
    HilaryWilde
    I regret my previous decision to sell NHC.
  • PandoraHaggai
    2022-05-18
    PandoraHaggai
    This stock has attracted a lot of attention.
  • BurnellStella
    2022-05-18
    BurnellStella
    NHC.AU is just too solid a move.
  • MR_Wu
    2022-05-18
    MR_Wu
    I think coal prices will continue to rise.
  • Big Little
    2022-05-18
    Big Little
    Yes incredible. I am Amazed
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