The 2017 first quarter report has been released and it is very positive. Apparently it has not been picked up by the business press. The Malaysian Lynas Plant is at full production and prices for key products are up. What is not to like??
I thought the q1 reports are very very positive as well!
http://yugestocks.com/?s=LYSDY has an alert for $LYSDY. Did anyone happen to see it as well? Looking for some good positive information from the company! Investing day trading. Computer: never before in history has man created a machine that can make so many mistakes so rapidly and with such competence.
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http://monstastocks.com/?s=LYSDY has an alert for $LYSDY. Did anyone happen to see it as well? Looking for some good positive information from the company! Making money investing. Fibley's extension to miles' law: where you sit depends on who you know.
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price has about doubled in past few weeks.. why?
http://monstatrader.com/?s=LYSDY has an alert for $LYSDY. Did anyone happen to see it as well? Looking for some good positive information from the company! Investing making money. Evan's law of politics: when team members are finally in a position to help the team
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some decent buying today
On ten times volume (2m)...
On Oct 28, Tesla Motor signed supply agreement with Chinese rare earth magnet supplier Beijing Zhong Ke San Huan to supply magnet material. This means Tesla is going to use rare earth magnet electric motor in addition to the Electric Induction motor they have been using so far. This will increase the downstream demand on Neodymium.
Lynas is discussed in detail on the Hot Copper blog (in Oz). Google HotCopper...
Lynas today said the term of both loans would be extended by roughly two years, to 2020. The interest rate on its borrowings from the Jogmec-Sojitz venture would drop to 2.5 per cent from 6.0 per cent, and on its convertible bond to 1.25 per cent from 2.75 per cent.
“Significant is not a good enough word for what it does to our financing charges,” said Ms Lacaze.
Over the remaining four-year terms of the facilities, the proposed new rates would save around A$70-million in total interest, the rare earths producer said.
Honda is going to roll out cars with electric motor, in mass, Toyota will have to match that, then others, german car makers, Tesla,... etc. American factory is rolling out robots to get manufacturing back from China to US. Foxconn is installing hundred of thousands robots to replace the workforce they lost in China, and elsewhere. All these needs permanent magnet, which come from light rare earth, Neodymnum. After the fall of Molly Corp, Lynas is the only one outside of China that can produce that in volume.They said they hold 50% of Japanese market. (the other 50% from China) Talk about big demand increase and exclusive market (if you want non-Chinese supply). Yes they have debt, but going forward, this stock is at least as safe as gold or safer....It's not going to go down.
Production cost is fixed (like the gold miner), so if they are making only 1% profit today (after production cost and debt/interest payment), what would happen if the sale price increase by 5%? profit will be five fold. and they are not impacted by US interest rate rise or not, unlike gold.
I do not get it and Istill expect real big loses in august September. Bur to all those like toly in big-time best of luck.