NCM 0.00% $23.35 newcrest mining limited

half yearly accounts eps crashed 50plus pc yoy, page-11

  1. 5,583 Posts.
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    Cheers CEOChair.

    A long time holder, and decided to grab a few more shares yesterday. Sentiment has been so poor in the gold mining sector of late, I was half thinking that the market might read the numbers at face value without thinking twice about tomorrow. This year and the next and the next after that should be bumper years for NCM - and based on the tomorrow, it's silly NCM is trading this low (1.5x book with earnings growth running at ave 30%pa).

    Gold price rising, AUD trapped in a range (who knows, if support cracks, then that should come crashing back to a sustainable level)

 
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Currently unlisted public company.

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