Replies to post #5385 on Joe's Natural Path To Profit

[Traderfan]

Yeah it seems some peeps who constantely pumped PFGY (which was nothing short of a desaster up to now) are keep on pumping CHGY despite that it's the least attractive coal stock out there for now.

[joenatural]

Interesting, thanks for the info.

[tika1]

CHGY Q4 report out...

Q4 earning 14.6 cents with very positive cash flow.

Now it is trading PE around 2 annualized. Hey I am not pumper not basher, just small time investor to make some $$$ on market.

[unpredictable]

Lets look at the intrinsic value of chgy. Currently book value is over .60, with latest 10k.
Also, from Northernlight


'Based n other Chinese public companies at the same location, net margin has increase from about 100 RMB ($15 US per ton) to net profit of 200 RMB ($30 USD per ton) in Q1.'

27 million tons times 30$ = 810 million dollars. Divided by 45 million shares eq 18$ just in coal assets.

With all sov gov printing like mad, coal and all other assets will only go up in price, my humble opinion.

Adding in Heat Power assets, current book of 60+ cents and coal at minimum 18 dollars per share, does the current price of .80 correctly value this stock?

Comments please.