Just found what I think is your big 7. They start with google PE 25 and ends with NVIDIA PE 65. I cannot even guess what you see for similarities between these stocks and Lynas. If you pick one or two stocks and explain why you think they are relevant to Lynas I will be glad to discuss with you.
I will take NVIDA for an example of why I do not think they are at all relevant to LYC. AI is the hottest Market around and NIVDA dominates the processors to do AI. Lynas has less than 10% of REE oxides vs CCP 80%+ And the prices for that product have dropped from 1090 RMB /KG WV FEB 2022 to 361 today
In the last 8 Qs NVDA revenue has gone from 8,288 to 22,103 https://s201.q4cdn.com/141608511/files/doc_financials/2024/Q4FY24/Rev_by_Mkt_Qtrly_Trend_Q424.pdf.
during the same time Lynas has gone from AU$ 326M to 39M.
IN the last year NVDA profits have gone from US$ 512M to 1,536M https://s201.q4cdn.com/141608511/files/doc_financials/2024/q4/1cbe8fe7-e08a-46e3-8dcc-b429fc06c1a4.pdf
During that same time period Lynas's has gone from AU$ 150M to 39M.
So you can pick any one of your big 7 and show mw any similarities between Your Big 7 and Lynas. Only a fool would look at PEs and not look at history & current data to see if relates at all about what they are talking about.
Just to be clear NVDA is a hot stock in a hot sector. I have no idea when people will move onto the next hot thing it might be 1 to 2 years maybe even a max of 5 but when they do, all 7 of these stock will reflect much lower PEs. Lynas investors should be well aware of this effect, they lived through it and are continuing to see it deteriorate.
Have I explained why I find your big 7 question irrelevant? If not tell me where you see holes in my argument. Yes when Revenue and Profits are soring PE go up a lot. Do you think Lyas is soaring or are likely to go back to where they were any time in the next 2 years? if so Why?
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13933 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 1389 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5667 | 6.780 |
2 | 6500 | 6.750 |
1 | 3000 | 6.730 |
2 | 3200 | 6.720 |
2 | 4480 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 200 | 1 |
6.820 | 383 | 1 |
6.880 | 5000 | 1 |
6.890 | 1550 | 1 |
6.900 | 23748 | 7 |
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