If you also read UBS's report...
It is expecting Spot U3O8 to hit $196/lb in FY20008,
whilst year to date average has been just $104/lb.
if U3O8 maintains an average of $104, then UBS's expected earnings will fall from $101 to $57m profit.
this pushed out it's PE from 35 to around 65x
so while PDN is a 2009+ story, the real question, in my mind, is do you believe U3O3 will hit UBS's target of $196?
If yes, buy away.
Otherwise, as i expect, you will be seeing a number of analysts pulling back their forecasts/numbers.
Yes PDN has some excellent features, but dont forget, it is still capped at $3B, will probabable earnings downgrades to come over the next 6??? months.
- Forums
- ASX - By Stock
- PDN
- ubs rates pdn as buy
ubs rates pdn as buy , page-2
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
|
|||||
Last
$8.65 |
Change
-0.660(7.09%) |
Mkt cap ! $2.586B |
Open | High | Low | Value | Volume |
$8.89 | $8.94 | $8.62 | $25.23M | 2.883M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4118 | $8.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.66 | 407 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4118 | 8.650 |
1 | 500 | 8.630 |
1 | 97 | 8.620 |
2 | 2573 | 8.610 |
9 | 9332 | 8.600 |
Price($) | Vol. | No. |
---|---|---|
8.660 | 407 | 2 |
8.680 | 4000 | 1 |
8.690 | 1500 | 1 |
8.700 | 2573 | 2 |
8.710 | 25773 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |