LYC 0.45% $6.77 lynas rare earths limited

Correct he did not just like you never have. He put out a lot of...

  1. 7,621 Posts.
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    Correct he did not just like you never have. He put out a lot of future possibilities that may help the long term future. All true. But the near term says that The stock has a much higher chance of going down than up. You also have a buy! Why not Look at it and explain why you think the stock will go up in the next few months VS printing your use less Comments. I have never seen you even attempt to explain why buying now and during the next 6 months is a good Idea. Unless you are a very short term buyer it has been bad for last 2 + years.

    I said 2024 AR TMM EPS will be about 10~ 12 cents. For you to say buy you must believe it will be much higher. What is your earnings and Why?

    To Help other people see what a fake I am just explain this. The ASX average PE is just over 20. Right now Lynas PE is about 28. After AR it will soar to about 50 because of very low earnings in 2024. So you are smart and have a buy. I am sure you did your research for that buy. Either show where my data is wrong. Or explain why a stock whose PE is more than 2x higher that other stocks in its index is not likely to go down.

    Just to give you a little help here is some data from Lynas SAR and Q reports.
    2024 EPS AUD0.0423 2023 0.66. Both on page 17 2024 SAR.
    Revenue for 2023 $775M. 2024 AUD $424M



    2022 TMM EPS AUD 0.60 SP 2022 AR PG 57 2024 TMM EPS estimated $0.12. -80 %
    2022 Aug average SP $9.XX. 2024 Aug & September Ave SP ??????? Please let me know what you think.

    So profits down much more that SP why do you think stock is a buy right now? Simple question that I am sure you thought a lot about before posting your buy. Should be real easy to answer, unless of course you are all hot air with no substance.
 
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Last
$6.77
Change
0.030(0.45%)
Mkt cap ! $6.346B
Open High Low Value Volume
$6.70 $6.82 $6.68 $5.266M 779.2K

Buyers (Bids)

No. Vol. Price($)
19 4144 $6.76
 

Sellers (Offers)

Price($) Vol. No.
$6.77 10898 45
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Last trade - 13.30pm 18/09/2024 (20 minute delay) ?
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