Yes, definitely everybody should make their own decisions, but these forums really are a great place to learn from others, and even just to save time, as everybody compiles their research here for others to see.
My opinion is that FMG is one of the easiest and best companies to do a "back of the envelope" calculation for, because it's the IO price, the costs, the debt, all in a pretty neat equation. Almost every other listed company is a labrynth of departments and assets, this is much cleaner and allows for solid financial analysis.
All that analysis points to the stock being drastically undervalued.
To derail FMG, IO would have to absolutely plummet to sickening depths, at the exact same time China mysteriously decided to stop building
Even if IO falls significantly, and China slows significantly, FMG has gotten into a position where it can weather the storm
Iron Ore Price, page-15394
-
- There are more pages in this discussion • 4,664 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |