NHC 1.06% $4.66 new hope corporation limited

Will New Hope make money?

  1. 2,677 Posts.
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    Yes that is what I have been saying here in the threads before, when coal was US70 mid through March this stock was $1 and was a buy, but coal prices are $57 and AUD is a bit high at .655, I'm just not sure that this stock will suspend current conditions and trade higher with the expectation of improved future conditions like some airlines and other parts of the market, with coal people do not usually give leeway like other sectors. Right now they can't be making much money and that means lower dividend. ATM will probably trade around current levels for awhile but I wouldn't want to be in it when they release their next quarterly because profits will be a lot lower than last and probably freak people out, I know it's coming thou, is it priced in???
 
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Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
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