New to this forum, but could not resist not to give my opinion after seeing an incredible level of negativity regarding CCC.
CCC is on the way up after a horible run since Aug last year. Brokers were predicting 10 - 12 c per share befote consolidation. We all know that won't happen, but does CCC have a potential for 40 - 60cper share?
Yes! Last year they had no strikes and the lost hours were less than o.5% of total hours worked. In SA that is a rare achievement.
Time frame and anns if on time is a positive indicator of company's professionalism, but it is not a crucial indicator of the performance.
As long as there is a humger for thermal coal from Asia and Europe, CCC will be a great success story.
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negativity is baseless!
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