Member Info for Malik-

Lol what a SHORT

It’s not just cash pile. the co has virtually no debt!

By end November 2023 this company’s market cap will be entirely backed by CASH.
And that’s at $190/t coal not 300…
Be as gloomy as you want but this is so cheap that so much negativity is already priced in.
Is it going to halve from here so the market cap will be entirely backed by cash by May 23 instead ;-)
This is a no brainer entry point, with a highest assymetric payoff to the upside.

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Reposting - typos:
I am buying more today…
People sell plagued by fear.
Yet they forget that by end November 2023 this company’s market cap will be entirely backed by CASH.
And that’s at $190/t coal not 300…
Say whatever you want but this is so cheap that so much negativity is already priced in.
Is it going to halve from here so the market cap will be entirely backed by cash by May/June ;-)
This is a no brainer entry point, with a highest assymetric payoff to the upside.

and I am buying more today…
People sell plagued by fear.
Get they forget that by end nice never 2023 this company’s market cap will be entirely backed by CASH.
And that’s at $190/t coal not 300.
Say weather you want but this is so cheap that so much negativity is already priced in.
What is it going to halve from here so the market cap will be entirely backed by cash by May/June ;-)
This is a no brainer

As I said previously, such high fcf yield built in the shares now, entails the market already believes coal price will collapse from here.

What this means is:
On my calculations, at 1180p, the stock is cheap at even $115/t coal… since that would price it on 30% fcf yield today.
It’s even reasonably valued for a $90/t coal (15%).

Patience, the market will wake up to this.

*move

So now, I am calculating at $180/t coal and factoring highly favourable love in USD/ZAR vs H1 (c15%),
This company is generating a gargantuan 96% FCF yield excluding cash (mountain of cash I should say)! This is total madness.
It is priced for oblivion.
BUY BUY

I am buying right here.
This is outrageously cheap at $200/t.
80% + free cash flow yield (!)
Don’t be a victim and sell.
WaKe up.

Coal is today at c $210/t
As I said above at 195/t you get to cash & equivalents reaching the size of the whole mcap in one year’s time…
As such, focus on what matters. Valuation and the big picture here

Market finally waking up to the fact that this company is literally a cash printing press.
Cash will make up WHOLE market cap in one year at $200/t coal (!)

I mean some people here are shockingly misinformed and narrow minded.
What do you mean ramp another stock? Peabody is US listed coal co and has USD3.5bn Mcap.
How it performs is important to understand how the sector is indeed performing.
Thanks for sharing this.

Stock opens up.
The derating was overdone.
Buy on weakness. This co is literally printing cash at $200 coal.
In fact, at this coal p, this time next year, cash & equivalents will make up 100% of the market cap. (!)

The shares are yielding 80% at 195/t coal.
Another way to read this is: the market assumes in the Thugela shares that coal prices remain way too high here and priced to effectively halve from here.
So the shares are already discounting coal collapsing to around c$95/t because at that price, it’s FCF yield would equate to a sustainable 25%.

=> if you don’t believe that’s gonna happen, this stock offers GREAT RISK/REWARD juxtaposition.

*sorry typos
Coal prices falling being translated into share price falling in parallel is only fair when the shares factor in the coal price appropriately.
And it DOESNT

This is the time to be loading up.
Not freaking out because of coal prices falling.
As I said. All price falling being translated to share price directly is only real Le when the stock factors in the coal price appropriately.
And it DOESNT.
This is a cash machine.

Disagree. The market is highly inefficient, and even more so on natural resources small/mid caps.
It will react, when people wake up to it.

Coal dropping we hear…?Yet this omits the key fact that the stock NEVER even remotely factored in $200/t coal, let alone 300.?
And MARET entirely MISSING the point USD/ZAR is 20% stronger now than vs H1!?This flows straight through the bottom line and valuation
Remeber when I said at $240/t the stock is on a massive 70% FCF yield ex cash. Well not only has the stock dropped since but more importantly factoring 20% favourable move in FX means it now generates 80% FCF yield at a lower c$195/t coal!

This is hugely oversold and a SCREAMING BUY

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