Brussels Prepares a Ban on Russian Coal Imports – Trading Idea

Brussels has said a block on Russian coal exports will be part of an upcoming fifth sanctions package that is currently being discussed by EU member states.

I just bought JSW, a Polish coal mine.
https://www.jsw.pl/en/investors-relations/presentations-and-webcasts/presentations-and-factsheets/presentations-2021

If you take their Q4 and annualize it, you get that the company trades at 1.3 times EV/EBITDA.

The Q4 was good, but did not reflect the coal price moves in Q1.
https://tradingeconomics.com/commodity/coal

Further the coal price in Q4 did not reflected the Russia coal ban.

The stock is very cheap today. If the Russian coal happen this stock could easily triple. It would still trade below 4 EV/EBITDA on Q4 numbers.



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Disclosure: 
The goal of the blog is to provide investment ideas for further research. I/we have a beneficial position in the shares discussed above either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. The article does not represent investment advice. Please do your own research before making any investment action. 

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