NCM newcrest mining limited
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NCM - results and analyst reaction

  1. kemenya
    436 Posts.
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    16/08/16
    14:03
    Post #: 18528885
    Hi,

    just an FYI to all holders or those interested.

    Reports have been issued by CLSA, GS & CS since results were announced.

    CLSA TP A$18.20 SELL
    CS TP A$19.20 UnderPerform
    GS TP 22.00 Neutral

    all citing higher costs expected for FY2017 as cause for concern.

    The chart has a huge gap to fill from early June in the early A$20's. I will be monitoring near there and suspect I will be looking to go long.
    NCM Price at posting: $24.21 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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