What you say is true but you have been saying it for a long time. The economy is in a down draft and it has spoiled Lynas SP for some pretty major positive events. Q2 SAR Q3 DOD Maybe Q4, I think negative many others think positive. IF you have a good argument that we are not going into a recession then make it. I think we are. Here is a small chart of the tree most common metrics investors look at.
PE at a $8.00 SP and after the AR it should be 9 -11 which is fantastic for normal times but still a little high during a recession.
Revenue 964 M a major improvement over 2021. AT $8.00 share book is 7.2 B So a multiple of 7. during a good time 1.5 to 3 is typical occasionally 5. During depression .5 to 1.5
Book to Market cap. 6! IT has about the same ratios as sales to market cap maybe a little lower.
I know you never say what will happen only that if this happens, we may be OK. But unless we do no go into recession your goals will not be met which they have not been since early APRIL.
Another part of OLD but still valid TA you are missing,
Looking at stock price and the 3 DMAs we have 5 out of 7 inverted.
The 100 DMA is on top at 9.07 and Falling about 4 cents a week and accelerating down. NEXT 200 DMA 9.03 still rising about 0.04 a week.
Next is the 50 DMA 8,86 Falling about 0.06 a week. also accelerating down. I expect two things to happen the week of 3 AUG The 100 DMA will cross the 200 and the 200 will turn negative.
And finally SP 8.86 rising 0.22 in last week. IF this looks like a turnaround pls explain what you see that I am missing. For sure this 0.22 rise helped your charts but look at the YTD chart there have been rises much bigger than this. I would want to see a rise much longer and higher than 0.22 over 1 day before getting excited.
https://finance.yahoo.com/chart/LYC.AX#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 above.Yes much more articulate than me. Lets see who is correct in 2 weeks.
Judge with the ruler you think is correct.
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Last
$7.95 |
Change
0.170(2.19%) |
Mkt cap ! $7.412B |
Open | High | Low | Value | Volume |
$7.82 | $8.07 | $7.78 | $64.21M | 8.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 13101 | $7.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.96 | 10693 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 14437 | 7.950 |
14 | 11564 | 7.940 |
12 | 35377 | 7.930 |
7 | 131231 | 7.920 |
10 | 16531 | 7.910 |
Price($) | Vol. | No. |
---|---|---|
7.960 | 9270 | 29 |
7.970 | 13189 | 28 |
7.980 | 9431 | 11 |
7.990 | 18328 | 15 |
8.000 | 47862 | 17 |
Last trade - 15.22pm 04/11/2024 (20 minute delay) ? |
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