I've re-read the quarterly and cant see anything shocking or surprising. When WHC downgraded their guidance, NHC followed suit assuming we were going to be impacted much the same from the wet weather (which we were).
With $1.8b in cash, plus $140m in receivables, that gives us just under $2b. Minus approx $500m for dividend payment, which leaves us with ~1.5b in cash. We are easily supporting a $0.80c FF dividend in the next half which will cost approx $700m (depending on how many shares are cancelled from the BB).
This (alongside WHC) are extremely cheap at the moment. I cant understand whats not to like about these companies.
Edit: And this doesnt take into consideration the potential upside from New Acland
I've re-read the quarterly and cant see anything shocking or...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.94 |
Change
-0.130(2.56%) |
Mkt cap ! $4.175B | |||
| Open | High | Low | Value | Volume |
| $5.07 | $5.08 | $4.90 | $15.71M | 3.169M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $4.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.95 | 5900 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| NHC (ASX) Chart |