Ann: Half Year Financial Results Market Release, page-4

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deadfish

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13/02/15

09:54

Post #: 14748139
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Originally posted by sydneyguy ↑

WOW

Well the production report didn't glow that well after the major moves in Gold price in the last QTR so I decided to wait for the full picture.

Major items important to me

EPS 5.2cps to 26 cps, considering the last QTr in which gold usd and aud went to new lows as reflected in the previous production report, Im stunned, way better than I thought.

would have been higher if the oil wasn't as hedged as hard imo, that's a big increase in yoy earnings with a gold price yoy falling.

Debt reduced way more than I expected, I thought given the production performance, whatever was repaid in first QTR of the fin year would have been redrawn in the last QTr considering POG UAD hit 1340aud in NOV

Gearing stays level basically static which is good.

BIG ONE - Cashflow from operation was significantly improved, and if they can do that in despite last QTR, looking at the POG AUD since JAn this should also positively improve financial position going forward and allow for a div at end of year... (obviously GOld AUD needs to stay above last QTR 1408AUD).

The big bear on the street UBS was 145M and No div,, and NCM smashed that.

cash generation is definitely going in the right direction.

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I haven't been monitoring NCM on HC for ages. SG, you've turned 180 degrees on NCM.

You never mentioned the fact that all available cashflow is going into paying debt and yet debt in $AUD has gone up. They are running up a steep hill and falling backwards.

We be the same in the current half at present exchange rates.

NCM Price at posting: $13.91 Sentiment: Hold Disclosure: Held
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Ann: Half Year Financial Results Market Release, page-4

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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