NCM 0.00% $23.35 newcrest mining limited

half yearly accounts eps crashed 50plus pc yoy, page-15

  1. 63 Posts.
    Yeah I agree, this has been priced in already. Market isnt stupid! :)

    A mid-long term view is positive, we're at base ball prices double test of $21ish - XGD index bottoming

    What weighting does XGD give to Newcrest? Isnt it 10%?
    If the asx200 is bullish as well - double good for Newcrest despite negative news.

    The mid tiers are bottoming as well (slr, rrl, etc)

    I see a good 2nd Half for 2013. Just my opinion
    If she breaks and holds above $24 - thats a good sign
 
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