it's not US$444
you have to include Royalties which is $564
then you have add in All In Sustaining Costs (AISC) I discovered the other day and that adds another 30%
So all up total costs are most likely US$733
spod price - aisc = profits
ie $1,000 - $733 = $267
1000 kmt x $267 = US$267m
EPS = US$267m / no of shareholders ie 3 bn = 9 cents
convert it to A$
eps = 14c
PE = $2.97/.14 = 21
todays price = PE x EPS = 21x.14 = $2.94
to get a valuation based on growth don't look at price. Price will stay the same for years due to oversupply. Use production
Growth from 660 kmt to 2000kmt over 5 years = 25%
use PEG = 1 to work out if whether PLS is under valued or over valued
ie 21/25 = .84
.84 < 1 so undervalued
then use PEG = 1 to get fair value
make PE = Growth = 25
PEx eps = fair value
25 x 0.14 = $3.50
but we are not likely to get fair value now because the share price is controlled by sentiment
- Forums
- ASX - By Stock
- PLS
- Spodumene Prices
Spodumene Prices, page-4449
-
-
- There are more pages in this discussion • 1 more message 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 PLS (ASX) to my watchlist
|
|||||
Last
$2.97 |
Change
-0.110(3.57%) |
Mkt cap ! $8.938B |
Open | High | Low | Value | Volume |
$3.10 | $3.11 | $2.93 | $115.5M | 38.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 559299 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 57535 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 211062 | 2.970 |
8 | 177058 | 2.960 |
26 | 370576 | 2.950 |
10 | 20285 | 2.940 |
25 | 70644 | 2.930 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 12078 | 3 |
2.990 | 63600 | 2 |
3.000 | 429666 | 12 |
3.010 | 171584 | 6 |
3.020 | 124144 | 3 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |