WES 2.15% $64.73 wesfarmers limited

Why ?, page-11

  1. 829 Posts.
    lightbulb Created with Sketch. 150
    No, but the industry average quoted are $500 to 700 range from what I have read.
    Some interesting decisions making time regarding Lithium mine for WES& partners. As they haven’t incurred start up cost yet, so do they wait for sometime to see where the market is going? If the selling price is $800 range, isn’t it better to wait.? I read some 40% of producers have a higher marginal cost in Including in China, Africa. Obviously some of them will put shutters up and close the mines. Overtime selling price will recover to a better range. Not to last year’s prices for sure.
    Overall WES fertiliser segment is also facing price reduction of 15 to 20% I think.
    As WES can fire from so many cylinders, as analysts are expecting EPS of similar amount to last year should be safe, I hope. There will be profit improvement from Healthcare segment for years to come, which will be substantial.
    Expected EPS -
    2024 2.20
    2025 2.43
    2026 2.63

    is this what you guys have seen?


 
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