You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:
Business Description: Gloucester Coal Limited (GCL) is an Australian coal producer with exploration and mining operations in the Gloucester Basin and lower Hunter Valley of New South Wales and the Bowen Basin in Queensland.
Strategy Analysis: GCL aims to increase coal production from its mines in New South Wales and Queensland.
Gloucester Coal reported NPAT up 67% to $54.56m for the year ended 30 June 2011. After eliminating the impact of transaction costs ($6.4m after tax) the company delivered an operational profit after tax of $61.0m, which represents profit of $29 per tonne of coal sold. Revenues from ordinary activities were $306.56m, up 34% from last year. Diluted EPS was 38.2 cents compared to 36.1 cents last year. Net operating cash flow was $64.85m compared to $3.03m last year. No dividend was declared.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...