YAL 1.04% $6.81 yancoal australia limited

Projected Half Yearly Dividend for FY 22, page-479

  1. 1,609 Posts.
    lightbulb Created with Sketch. 330
    Retrospectively it is easier to post commentary.
    If one can forecast the future then one does not need HC.
    Yesterday arfternoon I was a bit indecisive so decided to sell off half . . . in retrospect, I wish I sold the lot.

    Over all I am content with my decision to have sold half. Sometimes when I hold all or sell all I can do well or I can do miss the boat.

    That being said, I think there are plenty of positives coming out of China that should see the SP recover in the very near future . . .
    1. China has recently approved over 100 coal fired power stations. In 2 years time China will be producing 1/3 of the world's electricity.
    2. China's purchasing manager's index rose to an 11 year high in February.
    3. In China YAL is now available to 212 million retail investors through the Hong Kong Exchange.

    YAL has also cleared massive debt.


 
watchlist Created with Sketch. Add YAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.