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$3.13 pilbara minerals limited

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dfs1

6,512 Posts.

3761

24/10/21

14:42

Post #: 57029305
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Originally posted by SF@HC: ↑

Thanks Don93,

If working on a trailing 12 month PE, it looks horrendous, given they are only starting to recover from the past 2 or so years. Yes there are many examples of stocks with extreme PE's, Tesla immediately comes to mind, with current trailing PE of 290, typical of a tech coy.

So I guess we need to use Forward PE calculation as a guide, right or wrong. If NPAT comes in at $500 mill and SOI of 2.69 bill, at Friday's closing price of $2.09, we arrive at earnings of 16.89 cents per share, thus forward PE of 12.37. I understand the average PE for miners is about 8, however some aspects of producing SC6 is high tech (specialty chemical) and maybe PE's should sit higher than the general commodity coy's. Furthermore and given the trajectory of the demand profile over the decade, incentive pricing is required, thus they need to able to run hot until supply catches up with demand, and the sector matures

Same, I'm not sure if PE is the right measure for a company with multiple growth initiatives, and part of one of the hotest and evolving thematics globally. I say give them the space to breath and run for reasons stated. On that note, multiples of EBITA, say 20, just kidding,14 to 15 maybe apt.

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Can you go 17.5? That matches my charts a bit better.

PLS Price at posting: $2.09 Sentiment: None Disclosure: Held
2 Upvote

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(20min delay)
Last $3.13		Change -0.110(3.40%)		Mkt cap ! $9.525B

Open	High	Low	Value	Volume
$3.19	$3.20	$3.10	$52.97M	16.68M

Buyers (Bids)

No.	Vol.	Price($)
17	108079	$3.13

Sellers (Offers)

Price($)	Vol.	No.
$3.14	462482	72

View Market Depth

No.	Vol.	Price($)
31	114995	3.130
54	497682	3.120
60	497421	3.110
161	812116	3.100
24	220081	3.090

Price($)	Vol.	No.
3.140	304546	73
3.150	356217	59
3.160	215213	32
3.170	419522	30
3.180	233575	31

Last trade - 12.15pm 17/06/2024 (20 minute delay)


Last $3.15			Change -0.110 ( 2.97 %)
Open	High		Low	Volume
$3.17	$3.20		$3.10	8736840
Last updated 12.34pm 17/06/2024 ?

PLS (ASX) Chart