Just stating facts about PLS champ. Nothing about ideas. PLS has $1B in debt. PLS has a P/E over 30 with an annual profit growth of NEGATIVE 89%. It has $500M + in additional dilution buying LRS which will be shelved for the rest of the decade if not longer.
PLS has a P/E 3 times that of LTM/ALTM which makes signifanctly more net profit per quarter than PLS with a more diversified portfolio. SQM and ALB both have market caps not much higher than PLS and make significantly more revenue per quarter than PLS does per year. There is NOT ONE single metric on which PLS is a good buy.
MIN is not comparable and whoever buys MIN (not me) is irrelevant to PLS being ridiculously overvalued. MIN is diversified in iron ore, natural gas, mining services. MIN makes 5 times as much revenue as PLS now and is set to double its revenue in the next year or so.
Just stating facts about PLS champ. Nothing about ideas. PLS has...
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Last
$2.93 |
Change
0.020(0.69%) |
Mkt cap ! $8.763B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.92 | $4.856M | 1.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 172219 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 73945 | 13 |
View Market Depth
| Last trade - 10.26am 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |