UNV 0.00% 16.0¢ universal coal plc

News: UNV Universal Coal Group Says Group EBITDA Expected For Fy2018 Is A$70 Mln, page-21

  1. 28 Posts.
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    Thank you very much - I'll look into that.

    BTW, I am a top holder of UNV and I do love the stock. I believe in A$1 / share but anticipate a 24-30 month period to realize it. My fear is that the company engages in buy-backs as coal is out of favour with so many that we might find ourselves watching this trade high with paper gains only to see coal subsequently fall off a cliff, Eskom have some financial crisis and all our cash flow used on acquisitions that further entrench us in a coal story gone south ... we need the co to focus on divs, buy-backs (why haven't they done this as this would seriously underpin the stock price if played properly), another listing (AIM or JSE), institutional buyers in SA (PIC eg), and - eventually - a merger / massive public co acquisition of some kind. We need to get our exposure reduced to SA as well if this is a long term company build-out play.
 
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Currently unlisted public company.

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