IEC 0.00% 0.2¢ intra energy corporation limited

There are a few tail winds in play for this stock at the moment,...

  1. 155 Posts.
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    There are a few tail winds in play for this stock at the moment, assuming the government doesn't intervene in some unfortunate fashion. Thats now two months in a row of "small profits", record production and sales and sufficient build up in inventory to cover them a month out. The new screener put in place for this month, should further improve efficiency/reduce costs and hopefully continue the small profit pattern of late.

    There is this, which will result in increase coal demand:
    http://www.globalcement.com/news/it...inoma-and-hengya-cement-to-build-us-1bn-plant

    And still the potential SynoHydro 270mw coal fired power plant which will similarly see a step change in demand.

    Should one or both of these projects get up, the challenge/risk will be whether the government forces them to sell the coal to SynoHydro and Sinoma and Hengya at below market rates. Something I wouldn't put passed them.

    Things are looking up for IntraEnergy save for any missteps by the government
 
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Last trade - 16.12pm 29/07/2024 (20 minute delay) ?
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