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$9.83 allkem limited

Ann: June 2022 Quarterly Activities Report, page-5

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HoldingTheBag

121 Posts.

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20/07/22

09:04

Post #: 62621624
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Originally posted by pastperformer: ↑

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.

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".

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What he said.

AKE Price at posting: $9.80 Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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