NHC 3.62% $4.87 new hope corporation limited

NHC to rise, ASX to slip, page-10

  1. 9,696 Posts.
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    Well iv'e been buying,can't help chasing that upcoming div.
    My reasons.
    -I believe the BB's make sense ,as suggested by others it reduces SOI ,but for me a strong incentive for management's BB is the high div payments they save.
    -if i'm correct they have spent $200m on BB ,this figure should reduce to $100m
    -As all are ware NA3 is online.
    -their making targeted investments in malabar.
    - negative media.
    -obviously no debt with cash in bank.
    -low AUD.
    -high quality.
    -coal price appears to be stablising around the $125 pt mark.?

    My point,if above when combined can support the div of .17 HY /.34 cents FY then current sp is great value.?
 
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