I went t to the meeting to eyeball the directors and CEO.
The content of the meeting has been well covered by other posters.
My takeaways from the meeting - my impressions and opinion only:
-The company is in good hands. A mentality of under promise and over deliver.
-The market for thermal coal in NZ has at least a decade to run. - metallurgical coal worldwide, much longer.
-The EBITDA forecast is conservative.
-The court case is a non issue. The contract with L&M is clear in its content and its intent. In the unlikely event of a negative result, appeals would go on for years. L&M are clutching at straws as they see that the prospect of an early return has slipped away.
- The RCPS were a valid way of getting the SE deal done and as a result transformed the company.
- An EBITDA multiple of 3.5 to 4 means the share price at 12 cents is much less than the company is worth.
- The company is generating a lot of cash and a dividend is just a matter of time.
- The dividend yield on a share price of 12c will be quite impressive and the price will adjust accordingly.
-The market will catch on eventually- who knows when- maybe at the half year results, maybe later.
- Forums
- ASX - By Stock
- BRL
- BRL Chart
BRL Chart, page-239
-
- There are more pages in this discussion • 199 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
|
|||||
Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $140.6M |
Open | High | Low | Value | Volume |
73.5¢ | 74.0¢ | 72.0¢ | $31.14K | 42.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.0¢ | 5996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25 | 0.650 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 5996 | 1 |
0.750 | 26666 | 1 |
0.790 | 50000 | 1 |
0.800 | 28279 | 1 |
0.815 | 6538 | 1 |
Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online