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Short Term Trading Weekend Lounge: 9 - 11 July, page-82

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geenz

76 Posts.

11/07/21

12:40

Post #: 54423894

Originally posted by Nietoperz88: ↑
STTCOMP GRR FA Long

850 Mill MC @ 75c per share approc
SP: 75c
1.1 Bill shares on issue
332m Cash (as per March quarterly)
Life of mine - Over 10 years

Have tipped this previously and have no idea how long a tip lasts... have rerun my working due to recent market movements and applied some extreme worst case scenarios on the discounting..
ASX GRR
1 Shares on Issue 1,157,338,698.00
2 Cash / Receivables at 31/3 $332,020,000.00
3 Cash / Receivablesvalue per share 0.286882311
4 Debt 0
5 Current Net Position $332,020,000.00
6 Share Price 0.75
7 Market Cap 868,004,023.50
8 Assumed production costs (AUD) $120.00
9 Life of Mine/Production asset (years) 10
10 Pellet price AUD $420.00
11 Earnings per tonne $300.00
12 Likely annual production rates 2,000,000.00
13 Assumed EBIT $600,000,000.00
14 Tax of 30% $180,000,000.00
15 Earnings after 30% tax reduction $420,000,000.00
16 Earnings per share 0.36
17 Assumed PE ratio of 5 $1.81
18 Assumed PE ratio of 5 + cash at 31/3 $2.10
19 Assumed PE ratio of 10 (life or project) + cash $3.92
20

21 40% discounton PE of 5 + cash (Iron ore price, production cost uncertainty etc) $1.70
22

23 20% discount on PE of 5 + cash (Iron ore price, production cost uncertainty etc) $1.90
24

25 10% discount on PE of 5 + cash (Iron ore price, production cost uncertainty etc) $2.00

This message (and any of my posts) is not financial advice and is all my opinion and study that could be wrong so speak to a professional and certainly never base any investment decisions off anything read here by unqualified people! DYOR
Expand
GREAT WORK !!

2 Upvote

0 Great analysis

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Short Term Trading Weekend Lounge: 9 - 11 July, page-82

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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	ASX GRR
1	Shares on Issue	1,157,338,698.00
2	Cash / Receivables at 31/3	$332,020,000.00
3	Cash / Receivablesvalue per share	0.286882311
4	Debt	0
5	Current Net Position	$332,020,000.00
6	Share Price	0.75
7	Market Cap	868,004,023.50
8	Assumed production costs (AUD)	$120.00
9	Life of Mine/Production asset (years)	10
10	Pellet price AUD	$420.00
11	Earnings per tonne	$300.00
12	Likely annual production rates	2,000,000.00
13	Assumed EBIT	$600,000,000.00
14	Tax of 30%	$180,000,000.00
15	Earnings after 30% tax reduction	$420,000,000.00
16	Earnings per share	0.36
17	Assumed PE ratio of 5	$1.81
18	Assumed PE ratio of 5 + cash at 31/3	$2.10
19	Assumed PE ratio of 10 (life or project) + cash	$3.92
20
21	40% discounton PE of 5 + cash (Iron ore price, production cost uncertainty etc)	$1.70
22
23	20% discount on PE of 5 + cash (Iron ore price, production cost uncertainty etc)	$1.90
24
25	10% discount on PE of 5 + cash (Iron ore price, production cost uncertainty etc)	$2.00

Short Term Trading Weekend Lounge: 9 - 11 July, page-82

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