FMG 0.35% $25.66 fortescue ltd

Too true regarding the Mother in law. With Rio and bhp, what...

  1. 5,678 Posts.
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    Too true regarding the Mother in law.

    With Rio and bhp, what I’ve noted is that the P/Es and Div yields of these companies do not warrant their mkt caps when compared to fmg or that fmg is still grossly undervalued without taking into account green energy.

    look at the % of ebit that have come from IO from both. Rio above 9@% and bhp above 80%. Look at bhp’s net debt compared to fmg as % of ebit.

    when it comes to decarb, fmg already ahead of the pack. Inflation will only increase the cost for the others for dragging out the execution of decarb.

    and good luck to Rio on their multi billion high risk project in Guinea.

    Still the analysts love the other two and keep neglecting fmg. They have never got fmg nor will they ever
 
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