General Discussion Topics, page-3108

First 3108 Last

Share
Profile

Follow
amateur13

1,705 Posts.

114

17/03/21

16:24

Post #: 51840313
Share

Originally posted by Sweetsound: ↑

Indicated in my last post that in the absence of further news from SYA I'll refrain from posting - but then I saw yours and thought I'd respond.

So - PLL is way overvalued - wholeheartedly agree - so is Tesla. Sustainability - we'll see - suffice to say I would not touch either directly period. Much of the US markets are in my opinion overvalued and I'd be very nervous buying in a lot of stocks for fear of sustainability. There is hype then there is hope and then there is reality. Both Tesla and PLL obviously have inherent fundamental value but for me current SP far exceeds fundamentals.

Call me old fashioned or even out of touch with current happenings but a stock that has positive earnings now and perhaps rewards holders with dividends and having some further positive earnings visibility and growth path is in my view better value then some futuristic plan of possibly making money.

Sayona whilst falling in the futuristic possible money making scenario, is on the other hand undervalued by comparison. Anyone saying that they've had a massive run of 500% in recent days is only partly correct - it only accounts for holders who purchased at the low levels. For those who bought in at 10-12c a few years back without attempting to average down are still 70% or more down on their investment. Anyone disagreeing should look at the bigger picture not just the last month or so. Of course, if one loaded up at the lowest of low levels they are smiling - not so others who rode down from the days of dizzy heights - at least not yet.

Sayona with all it's tenements and potential future earnings capability is in my view undervalued at current levels - and particularly so with comparison to it's peers - some of whom are at even lesser stages of development. Having held the stock for some time and having purchased some on the way down from 10c - perhaps catching a so called falling knife - whilst I'm not happy with the delays, I am confident that in the near future with more positive company developments Sayona will get the much anticipated rerate is deserves - PLL may pull back and may even do so substantially given its quick ascension - but since Sayona is still hardly on the map in the lithium space I hardly think a 'major' is on the way - actually more like a 'major' upward correction. Not forgetting that Sayona is not just about lithium but possibly gold as well. Just my view and opinion.

Expand

Fair post, and glad we agree on PLL
Issue for SYA is that nothing is concrete. Predicted rise in SP is based on things getting over the line. Track record doesn't exude confidence and continuous delays with NAL don't bode well for a good deal even if SYA is successful. IMO

At the moment it is still purely a spec play. May pay off if one hits, but it only needs a touch of bad news to go south quickly IMO

Non execs selling large holdings, delays with NAL, delays with Bape, hopeful on gold .... unfortunately I'd rather catch this on the way up.
Even with a very large daily gain, it would be achievable picking up at 5 or under and all bets are hedged without the risk of holding AIMO

SYA Price at posting: 3.2¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

The Rising Tide: How institutional adoption is shaping the future of crypto

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

FXG

What on earth is antimony – and why are ASX traders going crazy for it? + 6 stocks to watch

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

There are more pages in this discussion • 139,835 more messages in this thread...

First 3108 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 2.6¢		Change -0.001(3.70%)		Mkt cap ! $272.7M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$194.6K	7.277M

Buyers (Bids)

No.	Vol.	Price($)
77	19113189	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	6019475	36

View Market Depth

No.	Vol.	Price($)
80	19337903	0.026
74	24010489	0.025
43	17541170	0.024
34	8765780	0.023
17	4270909	0.022

Price($)	Vol.	No.
0.027	5936613	35
0.028	9515627	28
0.029	6098717	25
0.030	9803788	54
0.031	2647299	16

Last trade - 14.55pm 28/08/2024 (20 minute delay)

SYA (ASX) Chart

General Discussion Topics, page-3108

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

The Rising Tide: How institutional adoption is shaping the future of crypto

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

What on earth is antimony – and why are ASX traders going crazy for it? + 6 stocks to watch

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussion Topics, page-3108

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

The Rising Tide: How institutional adoption is shaping the future of crypto

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

What on earth is antimony – and why are ASX traders going crazy for it? + 6 stocks to watch

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News