PLS 2.54% $3.23 pilbara minerals limited

yes Sunny, i take your point of USD 5 billion revenue (Sales),...

  1. 51 Posts.
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    yes Sunny, i take your point of USD
    5 billion revenue (Sales), 60% become earnings (Sales - all costs), hence 3 billion which means 4.8 billion AUD, 3 billion shares on issue
    EPS is 4.8/3 = 1.8
    PE = 15/1.8 =8.3
    would you invest in a mining company that trades at a 8.3 PE?

    I love to see a share price of north of $15, not because of it is trading at a higher PE, but because it has the revenue to sustain its share price, which I do believe PLS has many opportunities to do so.

    My post was to point out the misconceptions in that top liked post, rather then denying a possible share price of $15 per share
 
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