FMG 1.84% $18.10 fortescue ltd

Here are my revised numbers as per the latest report. Sorry it's...

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    Here are my revised numbers as per the latest report. Sorry it's taken me this long to adjust everything.

    https://hotcopper.com.au/data/attachments/4063/4063071-94f5f466eec1d20557a5309d3846da14.jpg


    FMG is now officially fair value to expensive IMO. Will need the IO price to remain elevated to justify current levels. I would also expect FFI will be a lot more than currently projected so will need to pull back the payout ratio probably in the range to 60-70%. If we work with 70% this is what I get for the full year:

    https://hotcopper.com.au/data/attachments/4063/4063083-6e39b0f2f22b89036787c856f2615645.jpg
    Last edited by pastperformer: 07/02/22
 
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