By that measure it was a deal. Today the price is 7.07 with a P of 33. With two years of steeply declining revenue and earnings and that PE it is over price by a great deal. Here is a chart from Lynas reports. i have added Fy 2024 analyst estimates as well as mine Could you please tell me why anyone should not sell right now. Analysis is at https://finance.yahoo.com/quote/LYC.AX/analysis It is in USD so make sure you convert to AUD or it looks realy bad. pls double check my work. 2024 AR and JMO 2025 SAR will both be down as well. I am using an NdPro price of RMB 500 WV Todays price is 400 RMB. I put out a trading range in June 2023 of 450 to 550 RMB WV we have never been above 550 since then but have been much lower.
See above. Are you not the person who said he would sell if PE got above 25? About 4~ 6 months ago. I don't want to look it up if not you I apologies in advance. At AUD 6.00 and Aud 100M Profit the Pe will be 100M ./ 935M shares =EPS of 10.7 cents 6 / 10.7 = PE 56!!! at AUD 7.00 PE = 65.
My last 6 estimates on Q revenue and SAR and AR profits have been high. Assume I am down ramping if you like, history does not support this. We will know revenue in July profits in August. I have the courage to say what I think even when many yell their disagreement.
NVDA with EPS USD 11.95 and earnings and revenue going up every Q and beating expectations has a PE of 73. JMO but that too is way is too high. it does make more sense than Lynas though.
Correct and China is putting all its attention on building exports where they are facing opposition and not nearly enough building up internal which will kill them eventually. I am becoming supper fearful of China because history shows when dictator ships are facing large internal problems, they start wars to distract their people. This is never given as reason but just look at history. It always starts for other reasons, but it happens over and over again. Taiwan has been a thorn in China's Side for years. Will time be right to finally do something about it. it would make a great rallying cry for the people to distract them from what a mess the economy is in. Ukraine has drawn down US supplies, bullets and bombs. That helps too
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