Its a fairly boring stock in a sector (coal) thats a bit on the nose with many investors but having said that its vital to many of the worlds leading economies and its throughput is mainly metallurgical coal. Take a look at the situation in China and India at the moment...desperate for coal supplies.
From my point of view I am showing a paper profit of about 12% and have received distributions totaling 9 cents. For me its a set and forget stock given it has little risk (volume and commodity pricing) and it contractors are not overly reliant on the Chinese markets.
You will also note (after adding back the IPO transaction costs actual results beat forecast so they have not overly hyped performance during the IPO. All good in my mind. Given I have worked in the coal sector for many years perhaps i am looking at DBI through rose colored glasses!!!
Goodluck id you chose to get on board
DBI Price at posting:
$2.27 Sentiment: Hold Disclosure: Held
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