UBS Downgrade..., page-2

You should learn to be more diligent in your reading if info is not positive. First look at what UB the down grade was in post number
Post #:68292168. They give 3 clearly written explanation for this down grade. Are you capable of showing why any of these are wrong? I do not think so!

1. The 17% price increase in less than 3 months. What was a good deal at one price is not necessarily a good deal at a much higher price. If you were going to buy a car because it was a great deal and you came back latter and price went up 17% would you still buy it?
2. REE prices have dropped this year and they do not think market has considered it Prices mid Jan 722 RMB WV today 500 RMB A drop of 31%. Now do you remember when prices were going up that you and all the other up-rampers said price changes go right to bottom line. This was true and the same thing is true on way down. Since I think this will have a bigger impact i would make it # 1 not #2
3. The last points out that Lynas is up 23% of Cal 2023 lows. UBS feels this is entirely because of news not expected performance and there for it will not hold. ( this is redundent on #1 just a longer time frame)

You imply that a hold is a good grade. This came out of UBS an investment bank. I do not know rules in AU but in US there are many rules about separation of banking unit from Analisis Unit. The fact are that the banking unit owns the analysis division and if analysis write too many opinions that cause banking to lose business they usually do not like what happens. So most analyst will not say any thing less than hold.

As far as stock going up I have said for a long time that lower REE Prices are not built in to the stock and when people see Q4 revenue and AR profits Vs 2022 the stock will drop. Lets get back in September and see what is happening.. In Your post Post #:65092732 You came back from AGM and KAL tour proclaiming KAL was on time. calling me a fool for saying it would be late. Just a month later Lynas was crying about they could not meet July 1 dead line and they need this to be removed. Could some that was on site mis the obvious. Simple only wanted to hear positive and ignore bad right in front of their eyes.

I know you have me blocked because you do not want to consider any thing not in line with your views. To me this shows you know your views are not all that deep. Maybe someone one, like when i pointed out what you missed in Post #:65092732, will let you know about this post and you can come back and defend your views and discredit mine and UBS with facts not emotion.

Just in case you do not keep track of NdPr prices here is a chart for you to use to help you make your points. I have the Friday price for several years if you need the price glad to give it to you. Do you understand what NdPr dropping from over 1,000 RMB WV in just over a year to 500 RMB will do to revenue and profits? UBS seems to.

JMO I think UBS's estimate of FY 2023 of Revenue of AU$ 784 Vs 920 2022 and profits of 738 Vs 541 Are close but probably high. Can you tell me what you think the estimate for 2024 SAR of revenue being AU$ 610 and profits of AU$ 60 will do to stock price. I think this are close because the book to bill delay mean this is when the price drops realy show up.

I like the way all the Up-rampers say UBS is the best source when they say good things about Lynas. they become scum if they say any thing bad. Says a lot about depth of understanding.