.............Projections.........and.........Oppor
Post# of 61
1. Restructuring procedures led to judicially approved first steps of consolidation incl. upcoming mine auctions and sales.
2. Lenders provide business contingency (see previous posts/news such as DIP financing)
3. Prices for metallurgical coal (ANR is a big producer) are expected to see a turnaround in 2017 (several forecasts by many analysts; can be googled). MET coal can't be replaced and see currently in asia and elsewhere a bottom demand and soon will increase again (just inevitable with 3 billion people in these regions in continuously modernizing countries)
4. Although thermal coal is in overproduction, and the coal prices may still drop, the heating gas and oil prices are expected to rise middle to end 2016 (several forecasts by many analysts; can be googled) which in the past was indirectly correlated to rising coal prices...especially after temporary reduction of production, adjustment to new EPA standards and shedding of inefficient mining which is all in full swing.
5. Huge current assets...for example as poster slingbuck noted (post #1229):$549,224,634 in liquid assets alone in RICE holdings. That is what ANRZQ shareholders own in RICE. RICE is profitable still in today's depressed energy market with a pe of 12. Also, us shareholders own a huge revenue stream in ANRZQ traditional business operations. These operations are not going to end. If ever there was a stock that could emerge from bk intact this is it. The DIP will have current shares or offer new shares of new organization toward the end of process. Cheaper to buy up shares over the past few months then to pay fees to issue new shares. Also, more room for profit from current share price. The low share count is one our side too. ANR plans on having a shareholder meeting this year.
The above points are supported by: ANR Businessplan, outlook, estimates under INVESTORS/RESTRUCTURING DOCUMENTS ir.alphanr.com/Cache/1500077488.PDF?Y=&O=PDF&&fid=1500077488&T=&iid=4100842
Analyst projections for anrzq for end of 2016 suggest a PPS over half a dollar. For example
Excerpts from Zacks: Brokerages Give $0.61 Consensus Price Target to Alpha Natural Resources (NASDAQ:ANRZQ) www.wkrb13.com/markets/877659/zacks-brokerages-give-0-61-consensus-price-target-to-alpha-natural-resources-nasdaqanrzq/
Posted by Scott Davis on Oct 29th, 2015: Analysts have set a one year consensus price objective of $0.61 for the company and are anticipating that the company will post ($0.78) earnings per share for the current quarter, according to Zacks. Zacks has also given Alpha Natural Resources an industry rank of 169 out of 265 based on the ratings given to related companies.