re: question fro goblin/bendigo/tom Thanks TomI note your desire...

re: question fro goblin/bendigo/tom Thanks Tom

I note your desire Quote"
I want to a find another real bargain with high yield & good growth prospects.

Reckon I have one that fits you requirements

Have a look at GCL ( Gloucester Coal )

Not based on current earnings,....but future earnings with new contracted coal prices.


EPS next year around the 90 cent mark & a forecast yield next year of around 13%, projected p/e less than four.


10 cent dividend in next couple of months to "open up play"

With only 78 mill shares on issue, they are too small to be on most brokers radar.

Dont just take my word for it.

Spend a bit of time on their website & do a few calculations.

Cheers

Bendigo