SMM somerset minerals limited

Price projections.......If you say the earnings are $400m (EBIT)...

  1. 566 Posts.
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    Price projections.......

    If you say the earnings are $400m (EBIT) per year, at 200m shares = EPS $2

    Doesn't this mean on a PE of 15 they should be trading at $30.

    But this is using an EBIT figure.....not NPAT....

    But I think you would be safe as the sector trades at around PE 15 and to justify their $3 share price they would only need to make $40m NPAT...??!?!?!!!

    Put in some exploration upside, a better NPAT, change in Labor policy, $72 U price holding and you will definately be sitting on a $10 stock in 2 years time max.

    Be a man.

    TheGimp.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $12.12M
Open High Low Value Volume
1.8¢ 1.9¢ 1.7¢ $155.2K 8.805M

Buyers (Bids)

No. Vol. Price($)
3 2337315 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 371928 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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