Here's some data points to potentially assist in making your decision.
1. Manganese prices holding up very well. The May quarterly should be out next week, which should be very strong
2. Macquarie have a 30c target and are using a conservative $5 commodity price. The spot scenario on the SP is much higher
3. JMS has materially underperformed the commodity price - largely off the back of management and strategic uncertainty
At 18c, the dividend yield in FY23 is 17% on Macquarie's numbers while the SP has basically matched the 3 year low. Feels like the recession is well and truly priced in to the price but the company is pumping out big $$$ with ample capacity to increase their share in long life assets for reasonable prices.
- Forums
- ASX - By Stock
- JMS
- General Discussion - 2022 Catalysts
General Discussion - 2022 Catalysts, page-96
-
-
- There are more pages in this discussion • 3 more messages 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 JMS (ASX) to my watchlist
|
|||||
Last
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $617.4M |
Open | High | Low | Value | Volume |
31.0¢ | 31.8¢ | 30.0¢ | $942.4K | 3.032M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 219760 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.305 |
5 | 185307 | 0.300 |
2 | 180000 | 0.295 |
5 | 133690 | 0.290 |
7 | 343450 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 158408 | 1 |
0.320 | 364584 | 6 |
0.325 | 172779 | 4 |
0.330 | 191005 | 9 |
0.335 | 585190 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
JMS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online