blythefanYour form on AGO has at least be consistent. Did they...

blythefan

Your form on AGO has at least be consistent. Did they knock you back on a job application some years ago?

Every post on AGO is a pot shot, most start ups underperform

your comment "Fact is...AGO has underperformed it targets and timetables, and would need 6Mtpa at a good $60/t operating margin to justify its current shareprice"

Based on your fact..using current AUD$, 35% tax and a humble PE of 8 AGO would generate EPS of 34.6 cents which would give a SP of $2.77.

Furthermore delivering that result would justisfy a PE of 10 on its growth profile, which would give a SP of $3.40.

Looking a little further at 9mtpa at a margin of $52/t, same AUD$ and rate rate would generate 45.3 cents EPS or SP of $4.50.

Now you can fling whatever you want to shoot this down.

But my simple maths shows current price $2.45 is less than $2.77 and is less than $3.40 and is less than $4.50.

I won't bother posting the possible 12mtpa+, i will just leave that as more upside.