LYC 2.50% $6.25 lynas rare earths limited

Just testing if someone care to check my calc. LYC is not so...

  1. 1,105 Posts.
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    Just testing if someone care to check my calc.
    LYC is not so rosy....

    ------------------ 4t c - JPM - Patts
    2015 NPAT ==== $257m $216m $578m
    PE10 SP Gain == 2x = 1.7x = 4.3x in 2.5 years.
    PE10 SP ====== $1.17 $1.00 $2.60

    Annual 10% return = 2x in 7.5 years

    Therefore if I invest in 2 similiar companies, the same $ amount, 1 can go bust. The after tax return is still better than the opportunity /cost of capital of 10% with growth in 2016 and later.

    Why is the market pricing LYC at such high risk ???
    Or the market read the 4-traders consensus as rubbish ???
    I think the market have to re price LYC very soon - b4 April, June, August 2013 ???
    -SP jumps at every milestone.

 
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Last
$6.25
Change
-0.160(2.50%)
Mkt cap ! $5.870B
Open High Low Value Volume
$6.31 $6.34 $6.25 $10.66M 1.698M

Buyers (Bids)

No. Vol. Price($)
1 13985 $6.87
 

Sellers (Offers)

Price($) Vol. No.
$5.79 10307 1
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Last trade - 15.59pm 10/07/2024 (20 minute delay) ?
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