CCI Holdings (CHL) are very well positioned to benefit from higher coal exports from:
Hay point coal terminal (currently expanding from 35-44MTpa)
Dalrymple Bay coal terminal (currently expanding from 56-68MTpa)
Gladstone coal terminal (currently expanding from 40-54MTpa)
Newcastle coal port (currently expanding from 89-102MTpa)
Barney point coal terminal (currently expanding from 5-7MTpa)
CHL gets paid for providing certification tests for export coal on a PER TONNE basis, and have recently negotiated higher prices. Along with the higher VOLUMES of coal mentioned above and higher prices, their will be plenty of growth for 5 years, yet the stock is still only trading at a P/E of 10.
An opportunity to enter a cheap growth stock still exists, but the price is already beginning to move up pretty steadily.
CHL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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