Re: How i see this year. Where is the Bio mass from?I thought Liverpool and then rail?East coast a new terminal and again then rail.cheers Tiger
Re: How i see this year. they have just got 18 brand new tasc trailers to run biomass into drax 2 are painted in drax livery a new contract they have been awarded onwards and upwards that's how I see them
How i see this year. Coal trading production profit down from 40 million to 8.transport 2.2 millionInd services 3.2total profit 13.4 millionThat's IF coal is sold in the second half as they suggest but just 25% of last year.This gives approx. 35/39p of earnings and dividend of 14p.Anyone see that differently?Tiger
Re: 2sides/yorkists My latest numbers suggest a fair value of 250pthat's 7 x earnings in 2016 of approx. 33punless a recovery comes in coal or I see in August a plan to increase IND SER side of business its best avoided.good news is no debt and net cash going forward.this years figures will make share price look too low but with 60% still made from coal trading/production and that the last coal power station will go inside 15 years they need another angle.certainly see 300p being tested.Tiger
Re: 2sides/yorkists Been away and generally not watching. My holding has halved, u were right, I was falsely buoyed by net assets being north of current SP. Not helped. Any point selling now, I've done that in past and usually been wrong.
Fund Managers "Beagles and Lowen cut losses on HargreavesCitywire AAA-rated equity income veterans Clive Beagles and James Lowen have cut some losses on troubled coal business Hargreaves Services (HASE) following a 50% fall in its share price over the last year.The managers cut their exposure to 4.8% of the business worth £6 million at a share price of 384.8p, down from a 2014 high of 897p.The shares are held in their £2.8 billion JOHCM UK Equity Income fund.The share price of Hargreaves one of the last coal producers in the UK - has collapsed alongside the slide in the wider commodity and energy sectors since summer of last year.Thermal coal prices remain close to the nine-year low of £39 per tonne which they hit earlier this year. In an update in February Hargreaves reported a 39% fall in earnings per share to 38.4p over the six months to November.Following the announcement broker Jeffries cut its target price on the business from 660p to 500p, rated hold."From Citywire.
Re: strange trades most trades are automated(Bots)..my system is based on WHERE Bots will buy /sell..
strange trades is it real that over 100 people today have chosen to buy or sell fewer than 100 shares?Numbers like 1 and 5 and 8 ?Also we have 12 trades of 121 shares which again I find odd.tiger
2sides/yorkists Clearly you can see our point now?Not often LG and I agree but I called this one right.Next year could be very tough.I note the share buy back has stopped?Tiger
Re: New low and danger sign generally AVOID until weve had the summer dip(JULY)...
Re: New low and danger sign " £2-2.50.. " Gulp! Glad this is only on my watchlist and not in my portfolio! Any thoughts on BLT, RDSB and HSBA directions and target prices, LG?
Re: New low and danger sign £2-2.50..
New low and danger sign see my February post suggesting 400p was too high.Well its gone............With Ferrybridge closing ( yes a customer)...........Big K going another customer.........and still no pick up in coal price...........I cannot see whats going to hold this up.There maybe a time to see if anything ( transport) is left but boy it looks bleak.Tiger
still falling and fast net assets?no reason to hold these in my opinion.Avoidtiger
Re: Schroders (SDR) Buying NTA `S ?Tiger