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Online Share Trading

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SNU taking off

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SKALA
Super Contributor
and happy I got in yesterday big time!
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6 REPLIES 6
barry_1
Super Contributor
Hi Skala,yes got in TODAY as this share has lost 18% since start of year and i think it will make it back in no time.In its report they said that coal would play a role from this year on as well as their other earthmoving business for the mines. Should pay a good div as well.Its PE is better than most of the coal companies.Sold SAH as i feel its run its course for now.Now i am starting to avoid the smaller newer coal operations as they are likely to need more finance to turn a profit over a longer period.
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barry_1
Super Contributor
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Russ
Super Contributor
Try not to fall asleep at your keyboard,Barry.
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prof
Regular Contributor
only worrying factor is that the directors have been selling a huge amount of shares
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SKALA
Super Contributor
I think a good result and explanation of future plans will set it off.
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SKALA
Super Contributor
Down a bit, but seems plenty willing buyers, fewer sellers.
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