LYC 3.88% $6.43 lynas rare earths limited

“Latest note post QR UBS estimated Lynas 06/21 PE 7.8.” AUS Post...

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    Latest note post QR UBS estimated Lynas 06/21 PE 7.8.” AUS Post #: 40047391.

    This whole chain has been bugging me. Main reason UBS is usually positive on Lynas 7.8 for a PE , Price Earnings ratio is very bad. I have been talking PE because when I am looking at stocks. It is what I and most investors use because it makes comparisons between stocks easy without looking up price. However Annalist never use it because Prices fluctuate rapidly and analyst do not redo their reports all that often. Annalist always use EPS!!! Which is insensitive to price. I am surprised that AUS, an experience investor, would make this mistake. At the same time it was not till I was driving to a party and relaxing that I picked up on it. So I missed his error. AUS could you check I bet it is EPS not PE that was 7.8. Now AUs also said “Latestnote post QR UBS estimated Lynas 06/21 PE 7.8” But if this isreally EPS which I think it was because no analyst uses PE. Then this is a little confusing. This is much less than I expect. In 2021 there will be about 700M shares. Employees are getting about 5 M shares a year and that number is growing. See page 74 of 2018 AR. I would hope they make more than 0.08 times 700M = 56 M in 2001. I am expecting well over 100M possibly 200M.

    Now MIKAJ comments make no sense if this is what happened with AUS. But rather than Speculate I will let him explain what he is saying.

    In summeryanalysis use EPS not PE. FY 2021 ends June 2021 Maybe UBS is expecting a prolonged recession and therefore downgraded estimate to 7.8. 7.8 is really bad as a PE ratio. Not as bad as a EPS but still not very good. Could someone with access clear up what UBS said?

 
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