H folks,
A few of you have remarked that TG will be the next Twiggy. It’s not too far fetched at all.
Looking at the 5-year PE ratio of ALB averaging 37.87, this will smoothen out any drastic ups and downs during the 5 year period. This is at a time when the EV sector is just starting to crank its shafts. In 3-4 years this will only rise significantly imo.
Key will now be execution of the Plan for LTR. I’d expect that in the next 214 years, all chaff will be blown by the wind leaving only the wheat. The real deal lithium play. Even PLS and KDR will be subjected to challenges and Ltr I believe will perform well having LEARNED A LOT OF LESSONS FROM THE MISTAKES OF MANY IN THE FORST GENERATION OF PRODUCERS. This point was repeatedly mentioned by LTR as its navigate its way to become a significant lithium producer.
Now LTR DSS is showing USD542 million profit per annum of 58,000 tonnes hydroxide. Applying the CD rate of 0.70 and a PE ratio of 38 will mean a $29 billion mcap. Halve that to $14.5 billion and we’re still in so much upside territory.
Now open or close your wallet, lock or sell your shares - that’s all up to you. Youre mature enough and sane enough to make the call. Just saying. That’s what the 5-year ALB metrics is saying.
- Forums
- ASX - By Stock
- LTR
- Ann: Half Year Accounts
Ann: Half Year Accounts, page-2
- There are more pages in this discussion • 1 more message 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 LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.24 |
Change
0.015(1.22%) |
Mkt cap ! $3.006B |
Open | High | Low | Value | Volume |
$1.24 | $1.26 | $1.23 | $8.241M | 6.611M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 87470 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 43680 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 87470 | 1.240 |
10 | 269233 | 1.235 |
6 | 115412 | 1.230 |
7 | 90761 | 1.225 |
10 | 218819 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 43680 | 2 |
1.255 | 63498 | 4 |
1.260 | 103375 | 9 |
1.265 | 191500 | 6 |
1.270 | 137226 | 9 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.24 |
  |
Change
0.015 ( 0.97 %) |
|||
Open | High | Low | Volume | ||
$1.24 | $1.26 | $1.23 | 2072730 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
LTR (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online