一入股海深似海1986 的讨论

业绩很满意，对于没有负传了债的公司不能要求再多了，如果跌5%就加到五成仓。

博主，股利支付率的公式是什么？

兖煤澳大利亚大约可以开采30年，而20年前的煤价（协定价）到现在涨了5倍，从过去看未来，煤价应该是波动性上涨，现在公司的市盈率低、无负债高分红，所以买入，目前应该盈利10%，但是不会一直持有很久，波段操作，说不定近期就有卖出的机会。

虽然纽卡斯尔的国际煤价很透明，但我还是不会计算兖澳的具体利润。前阵子招银证券发了一个研报，我才略微懂了点。今年中报发了之后，应该就更会一些粗略计算了。$兖煤澳大利亚(03668)$

我四分之一兖煤澳大利亚

煤黑子仓位最大[大笑]

兄弟重仓吗？我轻仓煤炭股，重仓石油股。

YAL will release its2Q23E operating data on19Jul and1H23E earnings in mid-Aug. We expect net profit to drop12% YoY to A$1.52bn in1H23E, as the gradual volume growth was more than offset by a decline in coal price. We revised down our2023E/24E earnings forecast by27%/29%, after cutting our coal price assumptions by15%16%. Our NPV-based TP is revised down to HK$42(from HK$48), due to (1) the dividend paid in Apr (HK$3.74per share) and (2) our lower earnings forecast. We maintain our BUY rating as we do not expect further significant decline in seaborne coal price versus our new assumptions, given the potential recovery of China’s economy. We also expect China’s import of Australian coal to accelerate following the lift of import ban early this year. In terms of valuation, even with our new earnings forecast, the stock is trading at only21%2023E dividend yield (assuming50% payout ratio) and2.4x2023E P/E.——这是原文，从同花顺PC版复制的，用微信翻译就成。

每股分红除以每股利润