Sure @skindiverHC, refer below...
O = Observation
O1: I think ~11% discount rate is a little high when they're using 8-9% for the likes of CBA & BHP for example...
O2: With A$2.5B in cash, and pending/new Qld mining royalty/tax is 'halting' significant investment across the industry in Qld, meaning less long-term CAPEX required, meaning probable 'returnn of capital' to holders, conservatively, payout ratio ~50%...
O3: EPS forecast are basically a conservative 'half' of the Morningstar figures, having worked and invested in coal-industry for some time, I don't see MET-coal demand reducing much for at least a decade, THERMAL likely to experience some reduced demand, 'blending and processing' options offer diversity of products to market/export...
O4: Global inflation appears far 'sticker' than we all anticipated, so my 'conservative guess' for EPS-growth is ~7%, factoring in inflation-influences, as well as some 'margin protection' across the sector (mining, logistics, marketing, milling, etc) vs the 18.4% Morningstar have penned in...
O5: Since 2013, WHC average ROE is 8.45% based on the WHC annual-reports, and as 'forward-looking' interest-rates likely fall, I suspect ROE can be improved, last year, WHC had a 46.4% ROE, 12.5% is another conservative guess based on macro-views...
ML
- Forums
- ASX - By Stock
- Caution, share price is too high
Sure @skindiverHC, refer below...O = Observation O1: I think...
-
- There are more pages in this discussion • 112 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 WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.62 |
Change
-0.070(0.91%) |
Mkt cap ! $6.383B |
Open | High | Low | Value | Volume |
$7.70 | $7.73 | $7.57 | $7.993M | 1.050M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 22059 | $7.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.62 | 1059 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 9117 | 7.630 |
17 | 15327 | 7.620 |
17 | 18995 | 7.610 |
20 | 27631 | 7.600 |
11 | 28924 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.640 | 9121 | 18 |
7.650 | 40861 | 25 |
7.660 | 23451 | 15 |
7.670 | 26111 | 10 |
7.680 | 21124 | 7 |
Last trade - 13.56pm 29/04/2024 (20 minute delay) ? |
|
|||||
Last
$7.62 |
  |
Change
-0.070 ( 0.91 %) |
|||
Open | High | Low | Volume | ||
$7.70 | $7.70 | $7.57 | 313406 | ||
Last updated 14.15pm 29/04/2024 ? |
Featured News
WHC (ASX) Chart |