Australian (ASX) Stock Market Forum

WHC - Whitehaven Coal

Joined
19 October 2005
Posts
1,863
Reactions
2,414
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.

 
Joined
20 July 2021
Posts
4,659
Reactions
6,207
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

Moderator
Joined
21 April 2006
Posts
17,996
Reactions
3,872
Woop woop. Coal is dead.

Screen Shot 2022-08-19 at 1.11.43 pm.png
 
Joined
20 July 2021
Posts
4,659
Reactions
6,207
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
CURRENT20222023
EPS ($)-0.091.952.87
DPS ($)0.000.531.20
Franking0.00----
Full Recommendation

Goldman Sachs​

Goldman Sachs
06/2106/22E06/23E06/24E
EPS ($)-0.081.892.451.34
DPS ($)0.000.470.840.67
Full Recommendation
 
Joined
20 July 2021
Posts
4,659
Reactions
6,207
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
 
Joined
20 July 2021
Posts
4,659
Reactions
6,207
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% )
 
Joined
19 October 2005
Posts
1,863
Reactions
2,414
^^ 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 🧑‍🦯❄️🛌
 
Joined
20 July 2021
Posts
4,659
Reactions
6,207
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 )
 
Joined
28 August 2021
Posts
495
Reactions
941
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
 
Joined
14 November 2021
Posts
260
Reactions
456
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
 
Joined
28 August 2021
Posts
495
Reactions
941
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
 
Joined
14 November 2021
Posts
260
Reactions
456
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.
 
Top