So what do you think a proper PE is and why. Per usual lots of random complaints. No new data. Just like you not understanding what BMW is selling.
Yes I absolutely did mis a good opportunity. No argument. But I did very well in other areas. Why do you continue to behave like Lynas is my only stock. I am very happy with my overall performance. I will tell you another loss I had and that was buying Puts on Tesla. But Tesla like Lynas is severely over priced and when the emotion expires on Green companies both will fall. Just like internet companies in Dot Com.
instead of telling me what I missed which is only a Negative post. Why don't you do some research then tell us what you think a fair price is based on 5 year plan production and possible Nd, Pr, Ce, La prices. You have never put out a solid estimate with back up, as far as I have seen, just lots of bashing. You bash my PE but offer nothing. Why do you not think it applies? You bash and contribute nothing substantial. Do you think they will make money in H1 2021 or lose. Fy 2021 How much and why. Now that would contribute something.
Just to get you started the historical median PE of S&P 500 is 14.7 the DJIA is 14.8 today. I used 20 for Lynas once the gloss wears off the green companies So what is your number with some back up. When you said my 20 was crasy did you have any idea what typical PEs are.
LYC Price at posting:
$5.56 Sentiment: Sell Disclosure: Not Held
(20min delay)