Largo Inc T.LGO

When a strong recovery?

[kha341]

NewAgeMetal wrote: There simply isn't anything positive to report, one battery and we carry a whole team and every penny this company makes for the next decade is spent on a titanium plant.

getting scary 

And yet the 4 professional financial analysts who cover Largo still give Largo a consensus BUY recommendation and a consensus 12-month Price Target of C$22.30 (Although it should be noted that over the past 90 days, the consensus price target for LGO has decreased notably from 25.40 to 22.30, or a loss of -12.2%). As these analysts are neither blind nor stupid, I dare say that there is still a lot of hope for a strong recovery. Imho, the question is “when” not “if”. 

Of course, “nothing is certain in this world except death and taxes”. DYODD.

[NewAgeMetal]

I'm not a fan of mgmt, I'm actually really concerned about them leading the battery and new plant, but in theory I agree wholeheartedly with your post.

[jcw604]

Is the estimated EPS for the coming quarter done by those 4 buy analysts If so, I will not trust them, since the they expect 25 cents, which is far beyond what the company can achieve.

[island9999]

Looking back at whatever source you want,..in this case Solresearch ( Scotia Bank) estimated eps have fallen short in 5 out of six last quarters, anywhere from -488%, to -38%, this next quarter (Q4) est .41cad (Market Screener),....unless there is a miracle taking place I can't see that happening either,...eps results help drive the SP,...fair dues to management, they have generally executed

[kha341]

island9999 According to Refinitiv (Thomson Reuters) Stock Report the consensus for Q4-21 EPS = C$25 which can be achievable as per my estimation. 

[kha341]

C$0.41 was an old estimate. It has already been revised downward to C$0.25 You can also go here: https://finance.yahoo.com/quote/LGO.TO/analysis?p=LGO.TO

[island9999]

There we are , .41 to .25 eps,......where will it finally land?

[kha341]

and still a consensus target price of C$22.30 which is nearly double the current price.

[kha341]

Imo, at the current price LGO is very much an undervalued stock that has been sold off due to an overreaction from the Q3-21 earnings report mostly orchestrated by manipulators. For those who believe in the future of the company there is plenty of room for the sp to increase.