PLS - Pilbara Minerals
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Good morning eskys. Thank you for the info. Hope the estimation will improve. I read about the approx 10cts div was on one of those expert company doing an estimation valuation earlier in the mth. The 2 grandkids PLS are good, bought in at 2 plus. It's already doubled.
Here
Is
Just come across on M Fools advert indicating is a bit more than that. Anyway, shall wait n see
How big could the dividends be in the next 3 years?
As Pilbara Minerals said, the dividend is going to be set based on how much profit it generates.Commsec estimates suggest that the annual dividend per share could be 15 cents in FY23 and in FY24. Hence, at the current Pilbara Minerals share price, it could pay a grossed-up dividend yield of 4.4% in the current financial year and the next financial year.
However, the profit is projected to drift lower to FY25. Commsec forecasts suggest that FY25 earnings per share (EPS) could be 50 cents. This could mean the dividend per share is 10 cents, which could be a grossed-up dividend yield of around 3%.
Personally, I don't like their marketing style. I used to subscribe them n then discover, not worth the money.
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Well this post of mine re PLS reversing, was a dismal failure
DrBourse
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Hi farmer - $4.15 should be the next stop for PLS.
Remember my DrB TA Forum post from 7/2/23 - there were 3 recent Divergences between Price and the CCI, 2 in Sept 22 & one in Late Jan 23 - and most Indicators are in Oversold Territory and are STILL FALLING.
DrBourse
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Hi farmer,.....
PLS was in a similar Technical position back on 15/12/22.....Look at where the CCI was then.......
Comparing that past example to todays position (17/2/23) we would expect PLS to drop to $3.63....That TA is based on the CCI SHH Phenomenon (pages 108 & 109) which is REVERSED in the PLS current situation, that is, staying low for a while.
Good Luck with PLS M8.
PLS was in a similar Technical position back on 15/12/22.....Look at where the CCI was then.......
Comparing that past example to todays position (17/2/23) we would expect PLS to drop to $3.63....That TA is based on the CCI SHH Phenomenon (pages 108 & 109) which is REVERSED in the PLS current situation, that is, staying low for a while.
Good Luck with PLS M8.
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Dr B I did mention a day or to ago, that extremely wise sage "the bloke in the mirror' said divest of PLS asap, which i did at a loss, but am now awaiting the nod to buy back in.
DrBourse
If you don't Ask, you don't Get.
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NP M8 - You may need to remind me on PLS, but, If I remember, I will send you a transcript of my thoughts on whatever stock you are interested in.
REMEMBER that I no longer have the Protection of a Broker's License (That lapsed years ago) - so, as usual, any Info I provide is just my opinion, with the usual DYOR disclaimer.
Cheers.
REMEMBER that I no longer have the Protection of a Broker's License (That lapsed years ago) - so, as usual, any Info I provide is just my opinion, with the usual DYOR disclaimer.
Cheers.
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Dr B thanks for that. I will keep it in mind. At the moment sitting at the train station justwtching the world huddle past.
IvoryWolf
US/AUS (Stocks/Options); ASX Traders United
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Hi everyone, I'd have to say that I agree with Dr Bourse on this considering the great run that PLS has had recently and the shift in technical indicators that we're seeing right now. If you'd like to see a similar example, take a look at Shopify over in the US (ticker code SHOP), and how it reversed after releasing earnings last week. Of course, we're all just offering opinions (and that's what makes a market), and you'd need to assess your own benefit-risk, but that's part of investing.
Perhaps the technical analysis below provide some further detail, considering the support and resistance levels that have developed as shown in the chart below.
For further discussion, check out the weekly chart review at , where you'll find details at the timestamp located within the description under the video. Enjoy!
Perhaps the technical analysis below provide some further detail, considering the support and resistance levels that have developed as shown in the chart below.
For further discussion, check out the weekly chart review at , where you'll find details at the timestamp located within the description under the video. Enjoy!
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Yep - I'd agree with Dr B as well as that's a level of resistance - possibly a new uptrend line yet to be confirmed. On the other hand (don't you love charting - there's always an alternate view to muddy the water!) prices have recently retraced 50% of their previous rally and that's a likely point for them to turn around. If they do rally again and get above $5.25 they stand to make a new all time high above $5.60. I've been holding PLS for a while and see it as a good long term hold. That said, these remain difficult times given the global economic issues facing us.
PS: I've been lying low for a while as we have moved house and that has tied up most of my free cash until our old house settles, I have retained a small portfolio I bought at the start of January. This lost money over the first month as everything went to Hell in a handbasket, but all recovered in Feb to be in the green. The only exception is CXO which remains well down. I probably should have sold but am still attracted to it given the uptake in EV. The charts tell me it should be about to turn up again - we'll see. Regards to all.
PS: I've been lying low for a while as we have moved house and that has tied up most of my free cash until our old house settles, I have retained a small portfolio I bought at the start of January. This lost money over the first month as everything went to Hell in a handbasket, but all recovered in Feb to be in the green. The only exception is CXO which remains well down. I probably should have sold but am still attracted to it given the uptake in EV. The charts tell me it should be about to turn up again - we'll see. Regards to all.
DrBourse
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Hi GN,..... Welcome back M8....missed your Blogs.....The World is OK now, Greynomad is back on deck - Now, to complete the resurrection we need Skate to reappear ....Cheers....
Hang on a minute, Skate is much older than us "Spring Chickens", could take him a bit longer to climb back onto the deck....
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Good morning All. It's Good to see Dr B n GN Stock comment posting. Maybe I am the guilty one for not asking.
Ahh..Good to move into a new place but those jobs of packing n unpacking at our age, could spell trouble for our energy stamina or a delight to find the hidden treasures of yrs gone by. Speaking for myself, after 2 yrs of moving, there are still boxes to be unpacked.
After reading all comments n looking at the charts n vid..could agreed I board too early it could be worse if it's 4.70.
Dr B indicated 3.83 ummm, I think I would be happy around 4. Meantime just have to keep saving my pocket money to catch more or to alight at 5 and see what's next.
Ahh..Good to move into a new place but those jobs of packing n unpacking at our age, could spell trouble for our energy stamina or a delight to find the hidden treasures of yrs gone by. Speaking for myself, after 2 yrs of moving, there are still boxes to be unpacked.
After reading all comments n looking at the charts n vid..could agreed I board too early it could be worse if it's 4.70.
Dr B indicated 3.83 ummm, I think I would be happy around 4. Meantime just have to keep saving my pocket money to catch more or to alight at 5 and see what's next.
DrBourse
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Hi IvoryWolf,.....Welcome to ASF.......This could be an interesting journey for all of us......Cheers.....DrB.
That's Good news to have more gurus on board. I tend to stick with a sm grp of members discussing n seeking their opinions from time to time.
I value their helpfulness and feedback.
IMHO, I think PLS has a bright future even though there were a few doubting comments of her ground life span.
I value their helpfulness and feedback.
IMHO, I think PLS has a bright future even though there were a few doubting comments of her ground life span.
