TER 10.8% 20.5¢ terracom limited

TER UNDERVALUED FAIR VALUE $1.20, page-635

  1. 2,104 Posts.
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    Oh for sure, if they can sustain the dividend at, lets be super conservative and say 10c/year (2.5c a quarter), that's still a 15% yield at todays price. If I had to guess, I would say coal would only need to be at say $165USD to achieve that? That being said, that's pretty much where the coal price currently is. So I think there's much more of a downside risk here than potential upside.
 
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