WHC - Whitehaven Coal

[finicky]

Lol, this is starting to sicken me.
Not Held

Whitehaven Earnings are just Staggering

• Whitehaven Coal pulled in a whopping $514/t on its coal sales in the June quarter
• High energy prices have seen Whitehaven’s unaudited EBITDA climb from $200 million in FY21 to $3 billion in FY22
• Coal prices are expected to remain strong as energy security becomes a bigger issue than any time since the 70s oil crisis

The ASX’s most watched pure play coal stock Whitehaven Coal (ASX:WHC) is poised to bag a 15 times rise in earnings for FY22 to $3 billion as coal prices exploded in the June quarter.

Ground Breakers: Whitehaven earnings are... just... staggering - Stockhead

Whitehaven coal could rake in $3 billion in earnings with few signs pointing to relief in thermal coal prices amid a major energy shortage.

stockhead.com.au

 

[divs4ever]

so i guess , what you are trying to tell me is ,

don't hold my breath waiting for WHC to come down below $1.40 , so i can add to my holdings

sadly my NHC is the bigger holding ( but that is up nearly 100% currently as well )

 

[Sean K]

Woop woop. Coal is dead.

 

[divs4ever]

Woop woop. Coal is dead.

View attachment 145654

long live the king ( coal )

 

[Sean K]

I start to feel uncomfortable when things go parabolic. Coal seems to be the uranium of the late naughties.

 

[divs4ever]

yes , decisions , decisions

i have two cycles of this buy when cheap ( and rescue the cash investment ) so either way ( 'free-carried' or the average buying price of $1.395 ) it starts to look sensible to take some profit off the table

do i wait for the divs. or reduce the load now ??

Morningstar™ Consensus​

Morningstar Consensus

	CURRENT	2022	2023
EPS ($)	-0.09	1.95	2.87
DPS ($)	0.00	0.53	1.20
Franking	0.00	--	--
Full Recommendation

Goldman Sachs​

Goldman Sachs

	06/21	06/22E	06/23E	06/24E
EPS ($)	-0.08	1.89	2.45	1.34
DPS ($)	0.00	0.47	0.84	0.67
Full Recommendation

 

[divs4ever]

i notice JP Morgan has reduced it's interest in WHC recently

Ordinary 75,328,247 7.88% => 64,306,391 6.72%

were they 'investment shares ' ( held by an investor ' ) or trading shares ( earmarked to be lent out ) that were reduced , because JP has certainly been lending some out

 

[Sean K]

This is quite impressive. When does the music stop for coal? Couldn't just keep going forever, could it?

 

[divs4ever]

i reduced my WHC holding yesterday , but inflation has been an additional tailwind currently

will China increase the manufacture of war machines that would be a big tailwind for coal and iron

forever ? send me a message by seance there is a reduced chance i will be alive in 10 years time ( much less than 50% )

 

[finicky]

^^ Don't worry about it.
Rewind the clock: I take 5% out windfall profit in CHN and risk ploughing it into WHC when nobody wants to invest in coal but the charts of the producers are showing green shoots. But no, because I'm not contrarian and I was risk averse at the time ?‍??

 

[divs4ever]

i bought some in November 2013 ( $1.555 ) , i bought some more in August 2020 ( $1.29 ), and despite my opinion of their policies , the Greens have done me a big favor ,

now yesterday i was a little bit risk averse ( and reduced $1 early )

 

[rcw1]

Good afternoon,
Whitehaven Coal down 6.03% after disclosing that its chief executive Paul Flynn sold 900,000 shares for nearly $8m this week for "personal reasons".... The lad still holds a substantial stake in WHC.
Opened at $9.67. SP hit $8.80 low. Missed the trade on this one. ): Still might be on, but don't think so today, for mine.

Kind regards
rcw1

 

[Rabbithop]

Good afternoon,
Whitehaven Coal down 6.03% after disclosing that its chief executive Paul Flynn sold 900,000 shares for nearly $8m this week for "personal reasons".... The lad still holds a substantial stake in WHC.
Opened at $9.67. SP hit $8.80 low. Missed the trade on this one. ): Still might be on, but don't think so today, for mine.

Kind regards
rcw1

I exited at yesterday's near high, needing money n regretted it early this am with sp kept up, then it changed to below 9 at closing time

 

[rcw1]

I exited at yesterday's near high, needing money n regretted it early this am with sp kept up, then it changed to below 9 at closing time

Good evening Rabbithop,
Might have another go at it tomorrow see what it looks like then. Still plenty of sellers queued ...

Good on you for getting some coin back into your side of ledger yesterday. Certainly, been some gains this week in SP.

Note today (24/11/22) during the adjust 4.23pm and adjust on at 5.22pm parcels of 146 318 shares at $9.67 traded from the CXA. Single priced auction was $8.98!!! ha ha ha ha ha ha ha... What hope do we have? Red hot they are.

Did you end up finishing your refurb??

Kind regards
rcw1

 

[Rabbithop]

Good evening Rabbithop,
Might have another go at it tomorrow see what it looks like then. Still plenty of sellers queued ...

Good on you for getting some coin back into your side of ledger yesterday. Certainly, been some gains this week in SP.

Note today (24/11/22) during the adjust 4.23pm and adjust on at 5.22pm parcels of 146 318 shares at $9.67 traded from the CXA. Single priced auction was $8.98!!! ha ha ha ha ha ha ha... What hope do we have? Red hot they are.

Did you end up finishing your refurb??

Kind regards
rcw1

Good evening mate. I think you will get 9.50plus. Yes, completed 2 new bathrooms with baths upstairs n the powder room downstairs. Also a totally new kitchen with Stone bench top n splash back. It's great to relax in a 'new' home. It costs a pricey 88k. Workmen Jack up labour n materials prices citing Covid restrictions, AusChina business sanctions etc etc. Anyway it needed doing.

 

[finicky]

Henry Jennings 'Stock Ideas' from a couple of days ago. The winners and losers of 2022 are ranked. Most of the winners have been energy related. I feel WHC was the one that got away, it's been painful to watch, but I guess everyone has stories like that. He also hazards some predictions for 2023 - which I know aren't relevant to WHC.

First off obviously, lithium and coal stocks have been the stand outs. Energy. The top stocks are all energy stocks. In fact, in the top 20, there is only 2 stocks that have no energy exposure. AMP (I know that is hard to believe) and CPU. Maybe PRU (although gold miners have been hit by rising energy costs) but even IPL has the energy exposure with fertiliser process linked to gas prices.

 

[Rabbithop]

Henry Jennings 'Stock Ideas' from a couple of days ago. The winners and losers of 2022 are ranked. Most of the winners have been energy related. I feel WHC was the one that got away, it's been painful to watch, but I guess everyone has stories like that. He also hazards some predictions for 2023 - which I know aren't relevant to WHC.

View attachment 150033

First off obviously, lithium and coal stocks have been the stand outs. Energy. The top stocks are all energy stocks. In fact, in the top 20, there is only 2 stocks that have no energy exposure. AMP (I know that is hard to believe) and CPU. Maybe PRU (although gold miners have been hit by rising energy costs) but even IPL has the energy exposure with fertiliser process linked to gas prices.

View attachment 150034

Thanks finicky for that list. Phew! It gives me shivers down my spine when I see the losers..just glad I didnt touch a few of those top 5 stocks.

 

[divs4ever]

according to the list i did fairly well

of the 'losers ' i hold RMS , ( probably should have bought more on the way down ) , CCP ( 'free-carried' ) and ABC ( still looking to add a few more ' )

of the gainers , i hold , WHC ( 'free-carried , seems to be a nice channel trade for the patient ) , NHC ( probably should have taken some profit/investment cash ) , WDS ( added to courtesy of the BHP spin-off ) , MIN ( free-carried ) , WOR , and BPT ( 'free-carried' )

i am surprised Henry omitted his previous favorite GRR from the list ( i hold GRR )

GRR

GRANGE RESOURCES. ORDINARY

Change

Balance Date	Dividend Type	Cents per share	Ccy	Franked %	Ex-Dividend Date	Books Close Date	Pay Date
30/06/2022	Interim	2.000	AUD	100.00	13/09/2022	14/09/2022	30/09/2022
31/12/2021	Final	10.000	AUD	100.00	11/03/2022	14/03/2022	29/03/2022
30/06/2021	Special	10.000	AUD	100.00	15/12/2021	16/12/2021	29/12/2021
30/06/2021	Interim	2.000	AUD	100.00	13/09/2021	14/09/2021	30/09/2021
31/12/2020	Final	2.000	AUD	100.00	12/03/2021	15/03/2021	30/03/2021
30/06/2020	Interim	1.000	AUD	100.00	11/09/2020	14/09/2020	30/09/2020
31/12/2019	Final	1.000	AUD	100.00	13/03/2020	16/03/2020	30/03/2020
30/06/2019	Interim	1.000	AUD	100.00	10/09/2019	11/09/2019	27/09/2019
31/12/2018	Final	1.000	AUD	100.00	14/03/2019	15/03/2019	29/03/2019
30/06/2018	Interim	1.000	AUD	100.00	11/09/2018	12/09/2018	26/09/2018

quite a nice return on my 20.3 cent average price . , i will probably regret not taking the investment cash off the table , later on

one danger i see under-mentioned is the de-industrialization of the EU/UK

this seems to be the Asian decade ( to my eyes )

BTW India is part of Asia in my Geography book

 

[finicky]

Thanks for confiding all that divs .. ?
Your unremitting relentless record of success means a lot to me.

Not Held

 

[divs4ever]

Thanks for confiding all that divs .. ?
Your unremitting relentless record of success means a lot to me.

Not Held

don't you worry i have my share of failures as well , one reason i am very cynical on 'green technology ' - i have an impressive array off 100% and 99.9% losses in that particular area ( including CCE , RFX and WEC and they are the ones still trading )

and plenty of losses elsewhere but one ten bagger can offset 8 wipe-outs

the intriguing lesson i have gained , is how unloved some 10-baggers ( for me ) still are

stocks like APE , JYC , TNE , ( PME is starting to get a few fans only up 36,000% for me )

WHC is only up 600% for me