looks like we're priced for 100 to 120 buck coal...but given retained earnings we're much cheaper than it looks....I did not see the comparison with Newc, but can virtually see by scrolling up a few posts
see someone mention a triple top in NHC which is not obvious here, but nice double bottom in Newc a while back at $50!!
See discussion about Europe and energy...also see discussion about maybe this time it is not different ! but there seems a likelihood of a sustained period of above average prices! it is feasible diesel may drop a bit more in time also, so cash flows should be pretty good looking forward, even assuming we are at or near peak earnings now.
I can't make a strong case to sell, particularly at this share price! I did tip some out at high 3's, low 4's, thinking I was sacrificing, but just to get cash together because of bond yield trigger in US which occurred a while back.
Actually bought back around these levels, looking forward to big divvies!
NHC Price at posting:
$3.34 Sentiment: Hold Disclosure: Held
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