Lynas die neue Chance
· We reiterate our unchanged Buy recommendation for LYC, with an increased price target of $2.85/share, in line with our DCF valuation.
· Key catalysts for the stock include: achieving increased production targets, maintaining current cost profile and EBITDA margin; supportive NdPr oxide prices; continued deleveraging of the company; updates on long term agreements."
Mehr Details im PDF
http://www.fostock.com.au/LiteratureRetrieve.aspx?ID=243131
-->> SUBSTANTIAL
https://hotcopper.com.au/threads/...ial-holding.4370180/#.W3qDRuQUlEw
Die dürften ja ab Anfang/Mitte Sept kommen.
1 Woche 1 Monat 3 Monate Lfd. Jahr 1 Jahr
Kurs§ 1,43 € 1,34 € 1,53 € 1,387 €
Änderung -14,69%§ -8,96% -20,26% -12,04%
gewinne sehen anders aus
Da liegt der Hase im Pfeffer! Schaut mal Folie 11: „to continue operations as projected, [...]“
The FY18 result was below our forecasts due mainly to non-cash items. EBITDA was $122m, below UBSe of $141m, but free-cashflow was inline. Non-cash items and cash costs that were expensed rather than capitalised drove the difference of $19m in EBITDA vs UBSe. The only negative news in our view, was the recurrence of water reliability issues during Aug-18. While negative, Lynas has a number of initiatives to improve water reliability and still posted record monthly production of NdPr in that month. So in summary there was nothing in the FY18 result that materially alters the fundamental value of Lynas assets. We view the 9% share price decline today as not fundamentally backed. Lynas's assets are strategic, having the best global Rare Earth deposit, in our view, exploited through the only active non-China processing facility. Lynas's key product, Neodymium-Praseodymium (NdPr), is exposed to robust demand growth from Electric Vehicles. We maintain our Buy rating.
UBS“
https://hotcopper.com.au/threads/...18535/?get_post=true#.W5S2GhabHYU
Die Bewertung (KGV von nur 11) für einen Rohstoff-Förderer ist spottbillig, scheint aber niemanden zu interessieren. Rohstoffe fallen derzeit, also fallen auch Aktien, die ohnehin schon zu billig sind.
Lynas beschäftigt auf der dortigen LAMP über 600 Leute, 97% der Gesamtbeschäftigten und immerhin 71% des Managements sind Einheimische.
Kann eine Regierung so "bescheuert" sein, eine Kuh, die sich noch zig Jahre gut melken lässt, zur Schlachtbank zu führen?
Kurs§ 1,19 € 1,43 € 1,57 € 1,39 € 1,34 €
Änderung 0,00% -16,78%§ -24,20% -14,39% -11,19%
wenig leute die hier geld verdient haben dieses jahr