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Ride The Bull Short The Bear
CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
soojinhou
869 posts
Posted by soojinhou > 2017-04-29 11:37 | Report Abuse
I own Agritrade Resources 1131. Since the thermal coal rally last year, coal price (Newcastle grade) has sustained above USD80/ton. This will likely result in a huge earning boost to 1131, especially since they are ramping up their newly acquired Merge Mining. Unlike it's Indonesian peers Geo Energy and GEAR who owns mid-range coal, Merge own high calorific value coal, and will likely command premium margin.