NCM 0.00% $23.35 newcrest mining limited

half yearly accounts eps crashed 50plus pc yoy

  1. 13,079 Posts.
    lightbulb Created with Sketch. 2730
    86CPS to 41.8CPS ! for same period last year

    After all that planning and debt

    Debt increased
    Borrowing costs up 50PC
    Revenue down big time
    Gross Profit down big time

    They are not even putting the % drops in its so bad on the statments donw by ernst and young

    Profit after tax more than 50 PC down

    told ya..more than 50PC..EBIT 945 to 471

    Thi s is a company that has taken on huge debts and exploration, cant get the production right and whose earnings are more than 50pc down on the previous corresponding period

    Even cash holdings way down

    Stock is wildly overvalued IMO compared to its financial performance

 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.