Almost the end of the financial year

我不明白为什么煤炭的价格是最高的但煤炭矿业公司的价格不是低的?我的科学建议。今年晚些时候我有八个实验。我很开心。今年我想写我的两个科学论文。

I don’t understand. The thermal coal price is almost the highest last 10 years however the share price of the coal mining company I invested in is still low. I actually don’t understand. The company said the cost of mining coal is about A$74/ton and the thermal coal price is about 127.15USD/ton. They should have plenty of margins to make a profit. I understand that coal price was very low in the late half of 2020 but I came back in December 2020. Almost 8 months of low coal price has damaged the company’s balance sheet for sure but now the company should make money now and in the near future. I think the share is cheap. Maybe people believe the coal industry has no future so the company can’t go higher. Also, now is the time of the end of the financial year, people are working finalizing their profit or loss for the FY2021. Maybe that is one reason. I should keep watching.

Other shares, actually I sold the silver and gold ETF. I believe metal should go higher at some point but I have shares of a gold mining company so it should be fine. Now I am reducing the number of companies. I don’t know this could work or not. I should keep learning. I bought some shares of the coal mining company and also I will buy some share on DSK.

I believe the DSK in ASX is a good company. The DSK is a company that sells candles and other home fragrance products. I like that company, I buy something for myself, like candles and fragrance in my rooms. The company just did IPO in 2020. I believe the valuation is good. By looking at Marketindex, only less than 600 shareholders. I believe this is very small. I thought not many investors are investing. They have 120 stores in Australia and could expand in NZ sometime soon. And the customers spending is increasing while the cost of doing business is improving. And online shopping is also increasing. The market cap is about 200 millions or so. I can imagine by expanding stores and online market, it could be 1B at least. I can think that going overseas not difficult as long as they have good products. So I will try to buy more shares of this company in early July.

By the way, as for my work, our proposals review is finished. I got 7 proposed experiments that have passed. I am happy about the outcome. I should spend more time on writing my own paper and I should do more collaborations. I am busy enough being a professional scientist.

In the longer term, what should I do as a scientist? Now, I realized I have to a professional physicist and I have to have expertise. My expertise is studying magnetic excitations and magnetic structural analysis, and neutron scattering with triple-axis spectrometers. I should spend more time to be a better scientist on this two expertise. On the other hand, I should collaborate better with other scientists based on my expertise. I should invest more time in collaborations. Then I should understand more about their science. And I have to expand my expertise but not too much. I would like to publish my paper as many as possible. Co-authored papers are also important. Also, I would like to expand the experiment in polarized neutron scattering experiments to expand my expertise.

Anyways, writing skill is a core skill. Also, I like to read. So I should spend more time on writing and reading. If I can write better and more, I should have more chance to expand my fields. I will keep going.