AKE 0.00% $9.83 allkem limited

Ann: June 2022 Quarterly Activities Report, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,764 Posts.
    lightbulb Created with Sketch. 2353
    It probably doesn't need to be pointed out, but you seem to be pretty misinformed.

    Here is what the market was expecting on a valuation of $16.83 per share.

    https://hotcopper.com.au/data/attachments/4518/4518592-d1755ce500ac11c81aab4c4d2f787bec.jpg
    What we got was:

    $762 Million for the year ($1mil beat)
    $594 million operating margin

    Upgrade to production for next year.
    Upgrade to pricing for next year.
    Increases in resource size for SDV by 10%
    Paid in U.S dollars which is worth 10% more today than in March.

    Share price is currently 40% lower than "Fair value"

    This is against the most bearish sentiment since 2016. Literally everything has been upgraded and guided for higher revenue, earnings and market share.

    What exactly makes this a "Poor quarter".
 
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.