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1081-1095 of 1095
if only i can be as rich ... to scoop 350 lots ...
wow ... noble 7+% ... olam 8+% ... goldenagri 4+% ...
nice ...
as at now ... noble 6+ % ... olam 5+ % ... indoagri 3% ... sakari only 2+% ...
with the way noble cheonging, dun noe sakari will shoot to $3 or not ?
winter coming....demand for coal will increase
sakari siao liao, past 2 days so bearish, today suddenly so fierce.. another R at ..
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
China (still) faces electricity shortages
from http://edition.cnn.com/video/#
Sakari: DBS issues coal sector report trimming 2012F of thermal coal to US$115/t and hard coking coal to US$241/t. Valuations unlikely to test 2008 lows given favourable sector demand-supply dynamics and stronger balance sheet for miners now with 41% on avg over last 3 mths with 50% below 1 std dev. House prefers Chinese miners over Indonesian miners due to pricing power and captive domestic mkt.
Downgrades SAR to Hold from Buy with TP slashed from $3.30 to $1.89 due to smaller scale and earnings more vulnerable to coal price shocks. Production should be driven (CAGR 11% over FY10-12) by Sebuku Northern Leases with sales of higher margin coal from Sebuku to drive 62% CAGR in earnings but cautions growth may slow if coal prices falls. However in house’s base case scenario FY12 EPS is cut by 8% and sees further drops of 15% and 31% is bear and worst case scenarios. Highlights that co’s earnings are more vulnerable to changes in coal prices due to higher cost base.
Downgrades SAR to Hold from Buy with TP slashed from $3.30 to $1.89 due to smaller scale and earnings more vulnerable to coal price shocks. Production should be driven (CAGR 11% over FY10-12) by Sebuku Northern Leases with sales of higher margin coal from Sebuku to drive 62% CAGR in earnings but cautions growth may slow if coal prices falls. However in house’s base case scenario FY12 EPS is cut by 8% and sees further drops of 15% and 31% is bear and worst case scenarios. Highlights that co’s earnings are more vulnerable to changes in coal prices due to higher cost base.
Tata Power's executive director, finance, S Ramakrishnan, says his company
may face a loss up to $100 million
due to the new pricing policy. He says the company will blend the fuel with cheaper coal having low calorific value in order to reduce the cost of generation. The company imports coal from Indonesia to feed its ultra mega power project near Mundra that has a capacity of 4,000 mw.
Thanks. Today -11cts again.
| oonhow ( Date: 22-Sep-2011 17:09) Posted: |
Why this sakari down so much today(-21cts)? Worse than big caps...
Commodities and resource counters are gainers today.
Plus 6 cents already. Looks like going to breakout!!!
This counter has been quiet after name changed. Any comments on the trend?