What PE do you think is reasonable for a company that has been down consistently over last 2 years? My guess is 15 its current PE is 26. in the 2023 AR they made AUD 310M the PE is based on TMM Earnings. At best they will make AU$150 M in 2024. At a $5.00 SP that means a PE of 150M / 924M shares is a EPS of AU 16 cents with a 5.00 SP that is a PE of 31. and it will be 2.5 years of lower revenue and earnings. So explain to me what I did wrong and why you think this is a bottom other that's what you would like. Show all your one day charts. Take a look at mine and tell me why the stock will be over AU 5.00, 2 weeks after AR is released. They made $39M in H1 2024 to make a 150M in 2024 they have to make 110M in H2 can you show how they will do it. They had revenue of 237M in Q3 2023 . What do you think Q3 2024 revenue will be? JMO down substantially YOY. I wish you many more pleasant dreams.
What PE do you think is reasonable for a company that has been...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.56 |
Change
0.090(1.39%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.53 | $6.58 | $6.51 | $14.95M | 2.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 6919 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.55 |
Change
0.090 ( 1.39 %) |
||||
| Open | High | Low | Volume | ||
| $6.53 | $6.58 | $6.51 | 732559 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LYC (ASX) Chart |