Balanced Portfolio
Sell - Take Profit
Yancoal Australia Ltd (YAL)
*** GENERAL ADVICE ONLY ***
Description
Sector: Thermal Coal
Yancoal Australia Ltd, a subsidiary of Yankuang Energy Group Company Limited, specializes in exploring, developing, producing, and marketing metallurgical and thermal coal. Based in Sydney, it operates in various countries and holds significant interests in several mines across New South Wales, Queensland, and Western Australia, including Moolarben, Mount Thorley, Warkworth, Hunter Valley Operations, Yarrabee, Ashton, Stratford Duralie, and Middlemount. The company was incorporated in 2004.
Metrics
Market Cap: $6.8B
PE: 2.37
Yield: 7.4% (6-month)
Trade
Allocation: Sell 2% (closing position) Sell Price: $5.23 Profit: 20% (including dividend)
Catalyst
We recommend selling the remainder of our position in Yancoal. After realizing an 20% gain, the stock has seen a notable rally. This adjustment will help in rebalancing the portfolio and allow us to reallocate back into the YAL, WHC or SMR if coal trades lower.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.