NHC 1.03% $4.79 new hope corporation limited

This is a cyclical stock, so I reckon pain is only here for a...

  1. 3,559 Posts.
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    This is a cyclical stock, so I reckon pain is only here for a few months, $3.20 may be the low, but do see as high as in the $7s in the next few years.

    YAL is cheap as it has the Chinese ownership discount IMO even though their operations are in Australia, but has been a great money printer, the same can be said for HZN, that has Aussie leadership, but they are pumping oil in Chinese waters and has 26% interest in a JV with 51% CNOOC ownership, but again another great dividend payer.

    NHC costs a bit more on management, as I mentioned we got management that won't bend the knee to the Greenies. Greens could be more trouble in the future though, if the majority of the young generations don't change the way they vote, there could be more trouble in 20 years time, yes we could have the Greens running a government in Australia. (Gen X will be 60s and 70s, Millenials will be in their 50s or late 40s, Gen Z will be in their 40s or mid 30s, and Gen Alpha will be allowed to vote.) Now that itself is scary, if the majority don't change their ways. And we got schools teaching a whole lot of garbage.
 
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$4.79
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-0.050(1.03%)
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$4.91 $4.94 $4.67 $10.96M 2.296M

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6 1800 $4.79
 

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$4.80 7760 23
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