Kenmare Resources Share Price (KMR)

+43% on my June entry. Scarcity value of asset given cost of extraction and Ti02 grade.

Also don’t forget the Oman Sovereign Wealth fund invested $100m For 1/3 of the business in 2015. That value is broadly equivalent to today’s market cap. Loadsa upside especially with a dividend stream now online. COME ON!!!

It seems to me that Kenmare has now finally and definitely turned the corner. The dividend is to be welcomed and is slightly higher than I was anticipating. I for one hope that the vultures do not in the near future circle for a takeover now that all operational issues appear to be resolved and the future looking distinctly bright, especially after 2020. NicetoMichu, if you think the current owners would sell out for £5 you are dreaming; they would need at least double this to be tempted. As Bucklerfern recently reminded us, Kenmare has been valued as much as £1.6bn in the past and that was when the company's future was less certain. Imo, £4 would only represent "fair value" at the current time.

This company is finally coming back together imho.. at least while ilmenite stays decently priced.. how long that'll be is the key question.
Kenmare is no Greenland... we're very much for sale for the right price imho.. £4 to £5 offer in next twelve months, please and thanks ?!

Well said Matt.
Poor Buck, bit Trumpian, likes the central position but thin skinned and vindictive.

Any standard metric is difficult or irrelevant to use when comparing with peers. Whether it is EV/EBITDA, P/E, PEG or D/Y, it is all wholly dependent on what the company is doing, where it is in its development cycle, its growth, and what it is doing with its cash. On that basis, it would be difficult to argue that P/E is any more relevant than any other KPI or technical indicator.

A P/E is equivalent to an M/A, or if you want a JPG for image compression. All it does it strips out relevant information you cannot get back. It tells you far less about the subject than you need or want to know.

P/E high? Good or overvalued? Likely to rise further or fall? Must be a reason? P/E low? Bad or undervalued? Likely to fall further or rise? Tells you NOTHING about the company. The best it could be used for is a starting point in a screen which needs much further qualification. People relied on P/E when stock market data was published in columnar fashion in the newspapers before the advent of the internet.

Price action on a chart [with absolutely no indicators] tells you infinitely more about sentiment towards a company.

As you say, each to their own.