RCI 0.00% 52.0¢ rocklands richfield limited

china coke profit 14 million, page-4

  1. 3,311 Posts.
    not sure rexy; but it is an interesting one.

    With a net profit of $7m expected this year it is Operating on a foward PE of just under 14x at the current market cap of $51m.

    Add to that the fact weve got cash at bank of close to $18mill.

    and excellent coal tenements such as Hillalong that are still being explored.

    Add to that coal prices expected to increase more than 100%.

    No problems here; only thing that is killing this one is general market sentiment.
 
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