Market Cap, page-216

First 216 Last

Share
Profile

Follow
tonontrade

21 Posts.

1

22/09/21

14:35

Post #: 56267372
Share

Originally posted by TemptingTrade: ↑

There is so much to look at that it's shocking to see the number of bulls in here.

Look at the price of uranium to begin with, then look at the price action on PDN.

Look at what PDN is producing. What are their profits (qtrly/HY)? What is the cash burn?
Open the Appendix 4E and peruse through the equity and what it's made up of.
Assets vs Liabilities. What multiple of equity is PDN trading at?
This should take about 2 minutes to do.

Fine, multiples of equity isn't the whole story, how about the the EV of PDN?
How many multiples of of EV is PDN trading at?

Maybe the bulls will say "Ohhhh EV or equity multiples don't matter, it's all about the future (i.e. pure fantasy land)"

When you do this basic research (that nobody here seems to have), you'll likely come to your own conclusion whether this is over/under valued and by how much.

Not only look at what multiples PDN is trading at, but consider the current valuation and what the equivalent price of Uranium would be. Is it currently a massive overshoot or not? Is PDN trading like Uranium is at US$40/lbs, US$60/lbs, US$150/lbs?

This is also ignoring the history Uranium stocks have in Australia the last few years. They're short lived. But now people seem to believe that SPROTT itself is enough of a fundamental driver to pump uranium to the point where it's either sustainable or seemingly never ending. It's comical. "Ohhh no TT, you're forgetting the renewal of a few contracts around the world that are expiring" --- What clown actually believes this nonsense will drive the Uranium price?!

What price does uranium need to be to bring online the Uranium mines around the world? Don't even dare look at that one, the bulls don't like hearing this. In their head PDN is the only potential uranium miner in the world to them.

There are just so many factors that PDN holders here are willing to bury their head under the sand. They don't like hearing these things.
They don't like hearing that they haven't done their research and what to look for, because that causes cognitive dissonance. How can they possibly still be bullish when they open up something as simple as the Appendix 4E and actually read it?

Expand

Thanks for the response Tempting Trade.

Just as a follow up, you didn't full answer my question. A friendly repeat:

- Are you short the stock? If so, what is your target price?
- Are you concerned about the volatility of the sector? ie shorting something that has shown it can carry lots of momentum.

Thanks in advance.

PDN Price at posting: 87.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Superannuation Essentials: Building Wealth for Your Retirement

WTC

A sex scandal is unlikely to hurt Australia's tech crown jewel – just look at trades

BTH

Bigtincan bounces 9% after $409M merger proposal sets stage for Nasdaq listing

KAU

Kaiser Reef sets up $8M capital raising to boost expansion at A1 gold mine

There are more pages in this discussion • 83 more messages in this thread...

First 216 Last

Add PDN (ASX) to my watchlist

(20min delay)
Last $13.01		Change 0.520(4.16%)		Mkt cap ! $3.891B

Open	High	Low	Value	Volume
$12.90	$13.14	$12.65	$27.35M	2.114M

Buyers (Bids)

No.	Vol.	Price($)
2	150	$13.00

Sellers (Offers)

Price($)	Vol.	No.
$13.02	13	1

View Market Depth

No.	Vol.	Price($)
2	150	13.000
2	1704	12.970
1	9229	12.960
1	33951	12.940
1	9229	12.920

Price($)	Vol.	No.
13.100	1000	1
13.140	1704	2
13.150	9613	3
13.180	9690	3
13.190	600	1

Last trade - 16.10pm 21/10/2024 (20 minute delay)

PDN (ASX) Chart

Market Cap, page-216

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Superannuation Essentials: Building Wealth for Your Retirement

A sex scandal is unlikely to hurt Australia's tech crown jewel – just look at trades

Bigtincan bounces 9% after $409M merger proposal sets stage for Nasdaq listing

Kaiser Reef sets up $8M capital raising to boost expansion at A1 gold mine

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Market Cap, page-216

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Superannuation Essentials: Building Wealth for Your Retirement

A sex scandal is unlikely to hurt Australia's tech crown jewel – just look at trades

Bigtincan bounces 9% after $409M merger proposal sets stage for Nasdaq listing

Kaiser Reef sets up $8M capital raising to boost expansion at A1 gold mine

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News