What do people think chance of positive earnings are? Stock holders’ equity going up on a per share basis?
September Cash flow report leads me to believe they did not have a profit in Q1 (just my guess). If after seeing the Q2 cash flow report I think there is a chance of profit in H1 I will be buying. LYSDY is running slightly below where I sold it, very good profit. Actually it was even yesterday for a while.
Though NDPR is down to 300 from its Late summer high of about 500 and LA and CE are up from a year ago. The prices for most of H1 have been very high and far better than a year ago. Down for last 6 months. They are now at prices equivalent to last April to June, a Q where they did not show a profit and had a negative change in Equity. If they cannot scratch out at least 2 cents for H1 and a positive change in stockholder equity I do not see how H2 can be profitable. With no profits I do not think SP future looks good for the 2018 year . Unless RE prices soar again.
Cash may look great but sooner or later they must show profits.
The company has not served notice to buy back bounds from MT K at $1.60. Lynas lets MT K buy shares for $1.00 of debt cancelation when stock is at $1.90 to $2.10. This says allot about their internal long term thinking on SP. I understand the need to preserve Cash but why are they not scrapping every penny they can to buy back these bounds at $1.60 unless they feel the price could be below that sometime in the next year. At least buy back a few of them? More bought today for cancelling a $1.00 of Debt with SP at $2.00. How do stock holders think this is a good thing?
When people have a nice profit in a stock they are more likely to sell with any bad news.
- Forums
- ASX - By Stock
- LYC
- Profits H1 ???
Profits H1 ???
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B |
Open | High | Low | Value | Volume |
$6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 128544 | $5.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.95 | 12481 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6168 | 5.920 |
2 | 4695 | 5.910 |
15 | 29598 | 5.900 |
1 | 155 | 5.890 |
4 | 1756 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 2000 | 1 |
6.020 | 1000 | 1 |
6.030 | 21222 | 1 |
6.040 | 3768 | 3 |
6.050 | 2000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online