New World Res A Share Discussion Threads

[its the oxman] 10/9/2013 15:04

Something afoot. Very cheap I guess if coal pricing picksup.

[atlantisw] 10/9/2013 13:39

This has jumped for no apparent reason.

[phoenix1234] 19/8/2013 10:10

Sell New World Resources says Mining Guru Roger Bade

[gunner71] 17/8/2013 16:08

New here can anyone give us a short message why it has dropped from " Floated on the main UK market May 2008 at 1325p." .HAS IT GOT FINISHED WRITTEN ALL OVER IT ?

ANYTHING POSTIVE ABOUT IT GOING FORWARD OR IS IT DOOM ,GLOOM AND BUST ??

[mirabeau] 15/8/2013 22:55

I read somewhere a Polish coal company wanted to buy NWR's coking plant for cash apparently..not sure of the figures

[mustau] 15/8/2013 10:46

Anyone???

I guess all waiting for nxt weeks update.

[mustau] 12/8/2013 15:11

back after a long absence ,with a small position. lets see where it takes me!!

[adieadie] 21/6/2013 05:04

Floated on the main UK market May 2008 at 1325p.

[sanks] 20/6/2013 22:23

Is it fair to say this is now shagged.
Hence a 7p target is now suffice.

Hope it helps

[arja] 20/6/2013 16:00

salpara - they are indeed but probably just looking at the chart although thaat shows a SOR situation !

[salpara111] 20/6/2013 13:58

When it comes to natural resource based stocks NAV is meaningless as it is based on an historical valuation on an asset, in this instance coal in the ground, if you cannot extract the "asset" and sell it for a profit then it is effectively worthless.
The shale gas revolution in the USA has had huge structural implications for the global coal market and that problem is not going to go away any time soon.
Coal capacity has to close down and I have no idea who are the lowest cost producers so there is no point trying to invest in the sector.

[adieadie] 20/6/2013 11:07

blimey... it really is sinking

[taz14] 20/6/2013 10:17

NAV per share is 233p !

[someuwin] 19/6/2013 13:34

'Underperform' with a 19p target - blimey!

19 Jun 2013
New World... NWR
Bank of America Merrill Lynch
Underperform
Price 85.10
New target 19.00
Retains

[declan2] 19/6/2013 13:12

this looks like another TALV

[adieadie] 13/6/2013 15:57

yes, had a feeling it wasnt done yet.

[salpara111] 13/6/2013 15:45

So the £1 line is not holding.
There is a serious problem here that is not going to change in the next 12 months.

[bobsidian] 30/5/2013 09:52

Indeed.

And on what terms and with what sacrifice ?

Companies under such survival pressure can be predisposed toward raising finance by way of deeply discounted emergency rights issues.

[adieadie] 30/5/2013 09:47

and survival at 300p, 100p or 20p ?

[bobsidian] 30/5/2013 09:31

"...you haven't yet made a credible case for this particular company"

Why would I do that ?

Surely you are not looking for me to make an argument to suit your own investment strategy ?

There are big red flags surrounding NWR.

It is true NWR are taking steps in an endeavour to safeguard its future. The problem is the relatively near term outlook for the pricing of most commodities. And as the management of NWR have pointed out, it is the near term in which many of its problems are about to manifest.

NWR is on my radar. NWR may be one of the coal mining companies to survive but, given the nature of the warnings issued by management, survival is not assured.

[melody9999] 28/5/2013 08:12

any reason for the share price rise this am?

[biggerthus] 24/5/2013 23:38

bobsidian, show me a company that *doesn't* take measures -wages/pay- to address short-term falling profitability and you will find your problem there.

You tell me why the market price for coal has fallen, as it's not 'obvious'.

I do know that;

- China is buying up coal reserves all over, because
- China is going electric (not enough oil) for cars and needs the coal.
- Nuclear was soiled by Fukushima, and
- Germany loves coal.
- Growth will win over austerity, and that will take ... guess what?

I can't make you drink, but if you have more than a 12 month view, it's my opinion that you'll see a big bounce for coal producers.

I agree -as you've posited before- that some smaller producers will be swallowed up in the short-term, but you haven't yet made a credible case for this particular company.