Stock price, page-924

Number of shares is the most important thing you can think about. It is why I always use PE or Earnings pers share when thinking about performance. It is also why Right now I would not touch LYC or MP. The 5% rise in LYC was amazing. The volatility should be a concern for holders Down 2.5% one day up 5% next day. All with no big news. REE prices jumped and Major indexes went up but volatility is usually a sign of trouble

In fact Markets are at all time highs looking at EPS and PE. It is why over the last two years I have moved about half my investments to Corp bounds and traditional stocks that have much lower PEs. IF we have a correction the higher the PE the more the stock will fall in % terms. If any one can find a case when it is not true I would like to hear about it.

What do you think would cause the shift in sentiment you have been waiting for? If you do not have several ideas and what would be needed to cause those then how will you know it tis coming? Today Lynas's Price/ Earnings is 78. This means that you are earning 1/PE =1.3% on the current SP. The ASX is about 30 so Lynas is selling for more than 2X what its peers on ASX are. This PE will come down one of two ways Earnings going up substantially or SP coming down. Time to focused on what Lynas needs to increase earnings but for two years they have dropped every SAR and AR.
2022 AR 60 cents PE was less than 20, 2024 AR 9 cents. Lynas has lots of pluses and its PE could be 1/3 higher than ASX, 40. 70 is high.

SAR next week should be better than 2024 AR but not by much. EVEN if they make 6 cents a share that will not help PE that much. $7/ (0.6 * 2) = 50. I doubt EPS will be 6 cents.