LYC 0.30% $6.76 lynas rare earths limited

NdPR price, page-2274

  1. 7,621 Posts.
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    Per usual you only remember a small amount of what you read. . The prediction also had a date and we are still month from that ate I am not woried at all. I still believe people will start waking up to what this stock is worth after the AR which will EPS of 9~12 cents. AL will say it is not a problem but that will ware off a week or two after the CC.
    Per usual someone talking with absolutly no knowledge. I do over 700 hours of volunteer work a year. Last year I was out of country twice for about 4 weeks. i am 74 and walk 3 miles every day and 6 miles once a week. i think I get out plenty.
    Stock going up? Using numbers AL suplied in Q3 CC this company will make about 10 cents / share in 2024. Why do you think stock will go up between now and September. Math is very simple H1 2024 they had AU $240M in revenue and $39M in Profit. IN Q3 ` they had $101M in revenue. AL said We should expect Q4 production to be about same as Q3. Most changes in revenue have a 1 for 1 on the bottom line regardless if they are + or - there is a delay of at least 90 days book to bill. So my guess is revenue for year will be $450M ~ $ 470M. that would mean a profit of about $80 M I always play it safe so I have been saying 100 M. divide by 935M shares = 11cents Even at a PE of 30 that is only a $3.30 SP. I have never seen a company with two years of declining revenue and Profits have a PE of 30. This may be a first for me but even a PE of 50 would only give a SP of $5.500. time will tell.

    From 2022 AR Revenue $920M Earnings $541M Page 1 https://wcsecure.weblink.com.au/pdf/LYC/02558707.pdf
    My estimate of 2024 Revenue $470M down 50% Earnings $100M down 80% What do you think SP will be 2 weeks after the AR? I doubt 3.30 but it should be less than $5.00
 
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Last
$6.76
Change
0.020(0.30%)
Mkt cap ! $6.318B
Open High Low Value Volume
$6.70 $6.82 $6.68 $12.37M 1.829M

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No. Vol. Price($)
1 4000 $6.75
 

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Price($) Vol. No.
$6.78 7217 2
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