NHC 0.42% $4.73 new hope corporation limited

Ann: Notice of Annual General Meeting/Proxy Form/Annual Report, page-4

  1. 317 Posts.
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    The accounts show a strong well financed business model. The outlook for the business is sound. The revenue for the 2018/2019 year is based I believe on Bengalla contributing revenue for about half the year at 40%;and for about half the year at 80%+/-. That being so, I would suggest that full year revenue for 19/20 Year for NHC might be in the range A$1.8 Billion to A$2 Billion. On that basis , I would think free cash for that 12 months would be of the order of A$0.9 Billion.
    I don't feel confident in suggesting NPAT for NHC as , based on past performances and Board actions , write offs , provisions etc seem to appear out of no where. The full year dividend should be A$0.35 fully franked per share.
    On the issue of staff share plans etc, I oppose such benefactions. Staff should be paid cash and if they want shares , buy them in the market.
 
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