TER 2.38% 20.5¢ terracom limited

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  1. 8,625 Posts.
    lightbulb Created with Sketch. 1425
    Other coal plays may be better, I can't comment.

    I think you underestimate recent TER profitability.
    My estimates for September are:
    Managed EBITDA $37m
    Equity EBITDA $28m
    Pre-tax profit $21m

    Q4 will start off even better.

    So I expect the debt to be fully paid off well before Dec 22.

    Yes, TER has been run very poorly.
    But IMO that's already fully priced in.

    And the new large shareholders may decide to rearrange the Board.

    Anyway, good luck with WHC.
    I hope you're not trading WHC in a "disorderly manner", whatever that nonsense remark means.
 
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