New World Res A Share Discussion Threads

[ade45] 12/12/2012 00:15

considering Sanks' predictions on XTA then this has be a screaming buy first thing in the morning

It does help thanks

[sanks] 11/12/2012 21:27

Easy trade well below £2
Has been below £2 in 2009...thats why i have a buy order in at 97p

Hope it helps

[thorpematt] 27/11/2012 13:55

Maybe.

Capitulation selling led by gobal economic turndown and worries of chinese demand (or lack therof). Meanwhile NWR appear to be making positive progress from an operational perspective.

[nofool] 27/11/2012 09:46

What's the story here? I'm looking trading this UP soon. Good idea?

[m w] 13/11/2012 19:01

this is painfull

[wilksey1] 01/11/2012 16:24

hopefully found some sort of bottom

[m.t.glass] 21/10/2012 10:36

I've deleted the outdated header text which had been there since 2008, and replaced the 2 year chart with one running from that start date.

[smurfy2001] 20/10/2012 22:16

Annual div yield (TTM) 3.82%

[harmonics] 20/10/2012 22:04

Had a good look at this and was going to take a punt but the spead put me off!
A 7% divi and 5% spread is not attractive for dividend trading.

[rupe1958] 15/10/2012 10:58

Is the divi safe here?

[flashheart] 23/9/2012 19:14

It's a very good recovery play on the coal sector with a not inconsiderable divi to boot......imo I don't think you can go far wrong here.

[its the oxman] 23/9/2012 19:08

Looking real cheap. Views on it?

[maxakoff] 07/9/2012 16:49

Any ideas why this was so weak today? Other minors have posted very decent gains today, this one was red for most of the day? Is someone offloading a stake?

[p bear] 07/9/2012 12:36

Still feel this is good place to be at these prices with Europe looking more solid and a big spend in China. Won't be making the same sort of money as in years gone, but still a good return with worst expected in current share price

[joker100] 17/8/2012 14:23

Northernlass

many thanks for the link to sclp - Overdraft now paid off - hope you also got in

[northernlass] 05/6/2012 03:53

Climbs On Surprise Profit

NEW WORLD RESOURCES CLIMBS IN LONDON ON SURPRISE PROFIT

New World Resources NV (NWR), the largest producer of coking coal for steelmakers in the Czech Republic, rose in London after a surprise first-quarter profit on currency gains and cost cuts.

Net income increased to 6.2 million euros ($7.9 million) from 3.4 million euros a year earlier, the Amsterdam-registered company said in a statement today. The median estimate in a Bloomberg survey of 10 analysts was for a 4.3 million-euro loss.

NWR boosted sales from its more profitable coking-coal operations to 56 percent and reiterated it expects them to make up 48 percent of production this year. The company also produces thermal coal for power stations.

"We do see continued strong demand for coking coal," Chief Financial Officer Marek Jelinek said in an interview. "The automotive industry, which is very important for us, continues to grow rapidly in the region," spurring steel use.

While prices of coking coal negotiated for the current quarter declined by 8 percent from the prior three months, Jelinek said global demand may push rates higher again.

NWR was 1.6 percent higher at 336.8 pence as of 1:49 p.m. in London after earlier rising by as much as 5.7 percent.

Source:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[p bear] 30/5/2012 17:52

There are no MM with this, it's traded in SETS.

I'll take FXPO at a £1.
I did buy today under £3, but you might be right on £2 with debt and major slowdown in Europe. NWR only really makes serious money when coke prices are high (high cost of production). To keep coke prices high globally you need solid Chinese demand and/or production problems elsewhere. China looks less solid now than in the last 10years and plenty of new supply coming.

On the plus, all sales and divs in Euro which the pound is strengthening against.

[declan2] 30/5/2012 17:02

Volume isn't big, suspect the MMs are cashing in on the general fear that's out there.

[mustau] 30/5/2012 16:28

With 2 deaths in a matter of days, surely an investigation will be coming, hence my 2.

I await this and FXPO at 20p (wish).

[p bear] 30/5/2012 16:12

I'll be in at 2 too (if we get there).

[mustau] 30/5/2012 15:35

You've got your 3, personally waiting for under 2.

[p bear] 30/5/2012 14:16

£3 and I am in. I made a small fortune out of these during the last crash. Don't think we will see quite the same again and they can certainly potential go to £2, but a good company with a solid div., better news in Europe over the next 1-3years will see these back at £6.

[declan2] 08/5/2012 19:15

Certainly is. Had it down for £3 myself.

[sanks] 08/5/2012 18:30

Another 80p off this stock and it will hit my level 4 poodee poodaa target.
Let me know if its helping