Australia's largest stock trading and investment forum Australia's #1 stock forum

WHC

Click for more information

0.97%

$8.33 whitehaven coal limited

Target $9.36, page-76

First 76 Last

Share
Profile

Follow
ShareJagger

11,642 Posts.

1402

18/04/22

10:18

Post #: 60892662
Share

Originally posted by successful: ↑

Hi folks

by my calculations, at US$200, WHC at $5 would be on a PE of3. This is at 14m tonnes with the Aussie dollar at 75 US cents and all in costs per tonne of $86. NPAT would be $1.764b for a year.

At this point in the cycle it would be a brave man to bet against US$200 not being the new base price.

So, if US200 is the new base, a PE of 6 would see WHC at $10.

If we get US$ 250 for the medium term, the NPAT would be approx $2.59b and a share price of $5 would see the PE at 2.

These are very high level estimates, but you can see how a $10 share price could easily be reached

PS. The 3 major US coal producer share prices are up around 900% to 1000% in the last 12 months (Peabody etc) (yes, 9 times from a very low base). At $4.57 WHC is up only 180%. All had very similar backdrops, high debt, near death experiences etc.

So, $10 is not a big stretch. In fact if geopolitics remain as is, then you could almost guarantee it.

Fingers crossed.

Expand

I like the way you understated production tonnage. Huge upside now that underground issues have been avoided and written off last year.

WHC Price at posting: $4.57 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3,101 more messages in this thread...

First 76 Last

Add WHC (ASX) to my watchlist

(20min delay)
Last $8.33		Change 0.080(0.97%)		Mkt cap ! $6.968B

Open	High	Low	Value	Volume
$8.25	$8.48	$8.23	$48.92M	5.843M

Buyers (Bids)

No.	Vol.	Price($)
4	34907	$8.32

Sellers (Offers)

Price($)	Vol.	No.
$8.34	2713	2

View Market Depth

No.	Vol.	Price($)
1	12867	8.320
1	500	8.300
2	13977	8.290
3	20004	8.280
6	53572	8.270

Price($)	Vol.	No.
8.340	2713	2
8.350	13854	1
8.360	13854	1
8.370	13854	1
8.380	13854	1

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last $8.33			Change 0.080 ( 1.37 %)
Open	High		Low	Volume
$8.25	$8.48		$8.23	1759286
Last updated 15.59pm 04/06/2024 ?

WHC (ASX) Chart