Member Info for JAdams5000

Coal spot prices hardly changed and they might even be higher later with gas surging again in Europe

Stay strong!

And make the most of this quietness as accumulation phase

Well done all here. Don’t want to get greedy and it’s been a good return. Take care

And if any of you have any spare cash, have a look at TGA. About 70% of it is covered by net cash and growing cash by around $30m a month.

Up for TUI from 500p

South coast - glad we all ignored your call on this as we would be furious with you. Instead we’re all laughing :)

How’s boohoo doing?

Free to rise now on any demand

I’ll add when it ticks up

I guess minimum target in short term is return to 30p?

Management shouldn’t be taking so much cash out of this business, morally wrong

TGA is clearly the much better pick in this sector

You mean $124.15… great uplift in prices again!

Newcastle price over $150 now so Ensham is spitting off cash at $100 cost

Rb month ahead into $120s now so great cash coming in there too

Onwards and upwards for this very cheap stock

IRAQ HAS NOT REACHED AN AGREEMENT WITH TURKEY ON TUESDAY TO ALLOW AN IMMEDIATE RESUMPTION OF NORTHERN OIL EXPORTS – SOURCES

Debt or something else?

Would you rather be buying at recent highs of 630ish or 520s/530s

Opportunity now

September pricing up Almost 2% again today to $121.65 :)

They make a lot more money in terms of margin with Ensham so that will be another reason why the market is moving the shares higher today. They would be selling their coal at around the Newcastle price of $150 which costs them around $100. Very healthy margins. Seems like a few were thinking that wasn’t going to complete (as per Morgan Stanley) but it’s happening end of this month so something to look forward to. Nice to see Richards bay up again and this closing at day highs. Great demand and strength today, hopefully no one on this forum got flushed out

Hopefully retest of 700p shortly!

Jjh - but let’s capture the Low price of say $93 coal. If we then deduct the 18% we are saying loss making right?

Seeing alpha tipped this yesterday on a Sunday!

Any ideas?

If you strip out leases under new ifrs regs, tui have a robust balance. Equates to around €700m net cash