i totally agree. For record I am not short for legal reasons. I...

i totally agree. For record I am not short for legal reasons. I listen to what was said in Q3 CC what Analysis are saying about next 5 Qs. I see no way this stock goes any where but down and that by a lot. I have been wrong before most recently about the direction of this current rally by Lynas. however my estimate for 2023 and 2024 SAR were both high. I am still considered a down ramper. i will stick with my predictions because I have not seen a stock with 2 years of falling revenue and profits support a PE of even 15 and currently Lynas is 31.3. It is even worse than that Currently EPS is 0.22 and that consists of H2 2023 and H1 2024 Once the AR comes out then it is profits in 2024 divided by shares Fine if you don't want to believe me but look what Analysis are saying! I will convert numbers to AU$ Average Estimate 0.136 EPS. Low estimate Aud 0.076 EPS. High 0.256 I don't know about you but I think most analysis are usually high.

So if we take their average of 0.13 and a PE of 20. Then SP = AUD 2.60 I do not believe Stock price will get that low but afte two years of declining Revenue and profit I believe this stock will be below AUD 5.00 a couple of weeks after AR. time will tell. you like many tell me the majority thinks stock is not going down but no one has shown why it will not. We were told production in Q4 will be same as Q3. Prices have not moved significantly and if you consider the 90 day book to bill delay they will be down.

Here is all the analysis info. https://finance.yahoo.com/quote/LYC.AX/analysis
Here is a chart using Analysis numbers for the year Does this look like a chart of a company that can support a PE of 20. i am a contrarian and contrarians pay attention to what the majority thinks but seldom change their opinion just because they are not in the majority. The average of analysis has an estimate of 126M for 2024. they made 39M in H2, so 87M in H2. I will use this number My personal number is less than 100M for all of 2024. So here is a chart of performance including analysis numbers for Q4 and year. What PE do you think this chart deserves. Regardless of who the company is.


If you prefer here are halves and Qs



Here are charts on the ASX 200. The average PE is about 27 right now, historical is 17, the ASX 200 has an average dividend rate over 4 % high dividends always rase the PE of a company, Lynas does not pay a dividend. Some on this board think they will but until they announce and put it up for a vote I say they do not.

Market Statistics (ASX): PE, Earnings & Yield - Market Index