hi hagetakaim reposting here what i said in whcespecially the...

hi hagetaka

im reposting here what i said in whc
especially the part between the asterisks

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mrriesq quotes my 9 x multiple

as i said it was

for the business they "are" i annualised the recent Sept Qtr revenue and
loaded in FY23 cost base and
im getting FY24 EPS $0.78 which at the current SP is about PE 9

when i look at your EV / FCF you have 7.8
which is similar idea to my PE
so Im not very different probably
im less accurate / more conservative

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i did numbers for YAL got PE < 5
i dont love the ownership structure but
i think its a very good price
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im liking the sound of PE = 1 after you get set !

dyor & gltah
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i focus on earnings and
im not sure the dividends but
agree they are throwing off big cash
so should be big div

longer term depends on newc coal prices
which could be ok per newc futures

dyor & gltah