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clock Created with Sketch. 16/07/22
02:59
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Originally posted by ContraryJ:
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Those days are gone . They will come back but if you look at other big corrections like 2000 and 2008 it could take 3 or 4 years or longer. So we are currently in a bear market. One that most people say will turn into recession early 2023. During recessions Stocks sell for PEs of 5 to 8. Revenue per share of .5 to .7 and Market cap is usually less than 1X Book value Show me any chart that shows higher numbers half way into or during a recession. The market always does very well just before recession is over. If you look at Dot COM stocks after 2000 they were the last to recover. You look at bank stocks during 2008 they were last to recover and in fact many are still below their 2008 level. Green stock were the stars going into this we will have to see if they find a new path or follow Dot Com and banks. Rember every one had tons of reasons why DOT COM and Banks were different just like they do for Green stocks to day.
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I was looking at other statistics on Lynas. If I did not make a mistake calculating it Discounted Free Cash Flow indicates Lynas SP should be higher. Funny I ask all these people why they think it is oversold and not one pointed this out. Shows you just how much work they put into their opinions. There only argument is that many on this board think it is oversold and not one has done any research on what a fair price will be as we go through the next several years.
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