NCM 0.00% $23.35 newcrest mining limited

just Futures expiry PB imo, wont last, no reason for NCM to be...

  1. 13,085 Posts.
    lightbulb Created with Sketch. 2732
    just Futures expiry PB imo,

    wont last, no reason for NCM to be trading here let alone up there, , mine production compression, copper price compression, GOLD AUD compression, resulting in less production credits and then margin compression

    EPS will also be lower with major unplanned repairs at Cadia , a mine that was still in ramp up, maybe an attempt at 50dma by the technical guys but I don't think many people will follow them

    Forward PE is actually tising as EPS are falling, no div, high risk at this price imo.

    Good luck though
 
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.