Apparently you own 1% of the company i'd suggest you play it out
So 2013 to 2014
So with a T/O of c$34m past accounts show that their GP = about 20% before admin expenses and excluding any surprise exceptional costs. Therefore GP = c$7m, overheads/admin expenses say $3.8m leaving a NP of c$3.2m At a conservative valuation multiple of 12 times = $38.4 million Divide by number of shares issued of 4,664,285,714 = share price of .823p!! Lets be ultra conservative and take 75% of this estimate and we should be looking at a listed share price of at least .6 of a penny. 4 times its current listing!! Any other thought by the panel??
So 2013 to 2014
So in 2013 they produced 151k tons of coal and the article released recently on twitter indicates around 180k tons. The average price in 2013 was $128 and now we know we have seen this increase through 2014. So everyone decide and pitch where they think. Easy sums, 180 x 190 is $34 million!!
I too would be more than happy with $180 & given present day market conditions i think $180-$200 is or certainly should be possible for ATC during the winter season
They were profitable at $150 ton before. I can't believe they are getting $250 ton. I would be happy with $180 ton on their numbers. Flicking heck do Rolls Royce build dump trucks because they will be ordering some and paying cash up front.
what would that equal, i thought they where down in the $170 region, this is significiantly different and we are lost in the extra £10 per ton added in september. only thing that puts the breaks on for me is if that much higher and above expectation you would have seen profit update? + volume increases.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.