NHC - New Hope Corporation

[Value Hunter]

New Hope is one of the very few larger resource companies in Australia that has sensible management. The Millner family keeping a watchful eye on the company ensures they don't make dumb overpriced acquisitions or diworseify into unprofitable side lines.

 

[divs4ever]

New Hope is one of the very few larger resource companies in Australia that has sensible management. The Millner family keeping a watchful eye on the company ensures they don't make dumb overpriced acquisitions or diworseify into unprofitable side lines.

yes , but don't expect big and rapid capital gains from a stock the Milners have a significant influence over

i held NHC for quite a while until i managed break-even ( now it is 'free-carried' )

am currently up 120% on them

but expect NHC to slowly grow income from other sources , not just coal )

 

[finicky]

Wokester Greens hostage Minister for Climate and Energy frets over coal burning shutdown.

 

[finicky]

NHC looking good for another test of the 5.30 resistance zone imo. Not adding myself.

Held
Holding

DAILY

 

[houtman]

Some +ve news from marjketscreener.

 

[qldfrog]

View attachment 189078
Some +ve news from marjketscreener.

Always scared when a share i own is upgraded by one of the big guys: they want to get out, why?

 

[finicky]

Coal insights (already posted on the WHC board)

 

[finicky]

Going against the market today - 8th best mover in the ASX 200.

Expecting this to go higher on a daily scale fwiw. Bullish engulfment of a hammer candle. Blip of volume. Moving averages have converged. Has retraced enough?

Greg Canavan likes it - has interviewed CEO and Ops manager. Point of interest to me: he says, "The New Acland mine is especially attractive because New Hope owns the land. This is subject to older land titles, meaning most royalty payments go back to the company. Given Queensland’s onerous royalty regime, this is a strong competitive advantage."

Held
Holding

DAILY