Here is the key positive points from SWS from the link you gave with my comments.
Trading at 16.5% below our estimate of its fair value
Earnings are forecast to grow 15.88% per year
Earnings grew by 95.4% over the past year
- Trading at 16% below estimate. Where is estimate how is it calculated. Next two items say estimate is bad.
- Earnings up 15.88%. How with REE prices down over 50% and expenses up can Earnings go up?
- Earnings growth over 95.4% over the past year. Where is it calculated. Earning in FY 2021 were 157M. In 2022 they were 541M that is 300% growth, which is amazing. Way above 95% growth. How did they come up with 95%. That said it will go down probably about - 25% FY 2022 to 2023. How is that past growth important to someone investing now?
If they based it on SAR '22 (174M) to SAR '23 ( 85M) which would be more current that is only 2.5% growth
Did you sanity check this at all before posting Link? I will not post a link to any thing without comment if I cannot defend it. If I don't believe it I will say why with link.
If you do not like what I said disprove the message do not slander the message bearer.
(20min delay)