WHC 2.16% $7.09 whitehaven coal limited

Caution, share price is too high, page-834

  1. 15 Posts.
    I live in a part of Australia that most consider to be iconic. Over a life time living here I have seen how interest groups use narratives to influence policy here. It is very effective, to the point where people who actually visit are shocked by the reality of what they see. They are told the bulldozers are out when the only thing that is out is locals quietly planting forest. It is a shock for some.
    I only started investing in 2020, thus I would call myself an amateur. But I have been fairly successful by going against narrative....bought WHC at 1.14 and doubled down when it dipped to the 80c range. That certainly worked our for me. Other stcoks less so. Nonetheless if I had hundreds of thousands at my disposal I would be rich indeed.
    However these threads I see about share price being too high and our old mate Freedominvestor make me suspicious that there is a well organized group trolling Hotcopper and other forums with nonsense about Coal etc. Old mate has trolled each Coal forum with the same nonsense. When I see a company that is making insane cash being downramped, I wonder at the motivation of the downramper. And I think about my part of the world where even a renewable microgrid is being downramped as something that will ruin our environment! There are some crazy nutters out there.
    Of course coal is cyclical, and at some point it will turn down, but logic says that just before a northern European winter, where gas in in short supply won't be the time. Like I said, I am a newby, but this is my stand back and take a look opinion.
 
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