WHC 1.91% $6.69 whitehaven coal limited

Target $9.36, page-2436

  1. 2,173 Posts.
    lightbulb Created with Sketch. 206
    Sure, I'm not suggesting it's not possible for a PE of 10.

    The market will want to see some sustainable level of the coal price before commiting.

    The market looks to be erring on the side of caution. I think when the September Quarterly comes out and confirms what we all have been trying to calculate
    • Record high coal price $550aud+/tonne
    • Record revenues of $2billion+
    • Record quarter profit ~ $1.2 billion

    Then we'll see a bit more confidence in a higher PE till the HY report

    What would be great would be a potential special dividend

 
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