LYC 0.07% $7.09 lynas rare earths limited

My take on this week's commodity correction and future predictions., page-2

  1. 7,294 Posts.
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    A great list of companies lets look at them compared to Lynas
    1. FMG.AX in last year up about 2 x. down 20 % in last week or two EPS of 2.85 for a PE of 7.14.
    2. BHP SP up about 35% in last year. Stock down 20% in august. EPS 4.46 PE 14
    3. RIO SP recent High RH 80 up 35% in year down EPS 11.52 PE 6.27
    4. Lynas SP recent high 7.82 up 240 % in year. down 20 % in last week EPS .02 and EPS 300
    Now EPS is a little unfair it includes 2 Qs where Lynas loss money. So lets look at after the 2021 AR comes out My guess is 2021 earning of AUD 100M to 120 M, operationally 2 x any other year. Lets use 120 M / 900M shares or 13 cents At a AUD 7.00 share price that is a PE of 7/.13= 52.
    So look at all these numbers and tell me if market starts having problem which stock will fall the fastest and furthest in % terms. My bet is on Lynas by many lengths

    You picked the stocks not me but I think they were a great selection. thank you.

    Starting Monday 8/16 and ending to day I sold all my shares except a small amount because I wanted to be reminded. If I had sold them last week I would have done great since I bought them July 6-9th USD 4.20 ~ 4.25 I did fine even selling this week. I hope it goes over 8 soon for all of you.
 
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Last
$7.09
Change
0.005(0.07%)
Mkt cap ! $6.608B
Open High Low Value Volume
$7.05 $7.09 $7.01 $15.54M 2.203M

Buyers (Bids)

No. Vol. Price($)
49 9318 $7.08
 

Sellers (Offers)

Price($) Vol. No.
$7.09 16404 41
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Last trade - 14.56pm 21/05/2024 (20 minute delay) ?
Last
$7.09
  Change
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Open High Low Volume
$7.05 $7.09 $7.02 337831
Last updated 15.15pm 21/05/2024 ?
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