Hey Businessben,
I've been in YAL for a while now. I have only just started posting on this thread, as I do believe it should and will, be double.
Whilst the P/E ratio remains around 4 with dividends fully franked around 12% it's ripe for the picking. Sure coal isn't the most stable commodity to invest in. However, the price has been stable for a few months now, with fundamental signs coal will be here for a long time to come, with exporting.
Some here have suggested tax time, mixed with June traditionally being a pullback month. I think that's relevant but more to do with being in between dividend payments. There's no hurry to get in, unless you can see it going up without any major news. I do as it's an absolute cash cow, making and paying great dividends. There's also $1.3b
kicking around in the bank, should they choose any developments.
It's still trading higher now than in previous years, despite a bit or profit taking over the past fortnight.
I'm loading up - Long term, with retirement in the next five years.
- No time like the present !!
-GO YAL!
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- Should be at least double
Hey Businessben, I've been in YAL for a while now. I have only...
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$5.32 |
Change
0.010(0.19%) |
Mkt cap ! $7.011B |
Open | High | Low | Value | Volume |
$5.35 | $5.42 | $5.31 | $4.654M | 868.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 18615 | $5.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.32 | 1542 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4242 | 5.330 |
9 | 14359 | 5.320 |
15 | 30221 | 5.310 |
15 | 18767 | 5.300 |
8 | 25995 | 5.290 |
Price($) | Vol. | No. |
---|---|---|
5.340 | 11520 | 9 |
5.350 | 23666 | 12 |
5.360 | 15732 | 8 |
5.370 | 11946 | 7 |
5.380 | 1812 | 3 |
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