LYC 0.15% $6.72 lynas rare earths limited

Note the first words is a lower PE Always better. In fact...

  1. 7,343 Posts.
    lightbulb Created with Sketch. 498
    Not according to what i have learned. Groth is funded by Earnings per share. Pe is just EPS divided into current stock price. So a company with a PE of 10 is growing at 10 % if not paying dividends. A company that has a Pe of 33 is growing at 3%. I want growth. Now if current EPS is 1 and it is forecasted to grow to 3. I am a buyer for sure. SP will rise to bring PE back in range.
    Note the first words is a lower PE Always better. In fact companies with rapidly growing revenue and Earnings do have higher PEs and they should be bought everything else being the same. However Lynas has Revenue and earnings that have been declining since Q3 and AR of 2022. So the high PE is not because of growth. JMO it is left over nostalgia from Geen revolution that is rapidly declining. There are many good standards to use when buying a stock. To apply any of them blindly is always a mistake. Take me I use chart to show how badly revenue and because of that Profits have dropped. Many things could cause that and they might soon reverse and I would be wrong. What I have researched is they are dropping because of low REE prices caused by China. i have also looked at what Xi has said what demand and production is. as well as history. JMO this probably means that REE prices will stay low ( a 10% rise is still low.it will take a minimum of 20 % to help) because of that Revenue and Profits will continue to decline YOY for 2 QS, AR in august, and very possible for 4 to 6 Qs.

    note YOY for SAR and AR 2024 to 2025 will probably increase because of Lamp shut down. Q2 and Q3 This will have to be compensated for. I will wait to show how I will do that.

    I just realized that I have been saying 20 % for REE price rise for a long time. Todays price is 400 So 1.20 is only 480. they need 650 ~ 800 to make reasonable Revenue and profit. at old COP. I do not like changing my numbers I will wait till after Q report and maybe SAR to adjust my number up. As AL told us Expenses have and are still going up I want to include that.
    Last edited by ContraryJ: 21/01/24
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.72
Change
-0.010(0.15%)
Mkt cap ! $6.295B
Open High Low Value Volume
$6.71 $6.76 $6.70 $1.583M 235.3K

Buyers (Bids)

No. Vol. Price($)
11 4786 $6.72
 

Sellers (Offers)

Price($) Vol. No.
$6.73 10424 23
View Market Depth
Last trade - 11.02am 04/06/2024 (20 minute delay) ?
Last
$6.72
  Change
-0.010 ( 0.30 %)
Open High Low Volume
$6.72 $6.76 $6.70 141847
Last updated 11.22am 04/06/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.