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Neo Performance Materials Inc. NEO.TOHOLDMay 08, 2023Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
He bought, sold and recently bought back shares. ONe of the few companies in the world that can process rare earths into valuable materials for catalytic converters and magnetic motors for EVs. So, there's huge growth ahead. Announced a new plant in Europe to supply Euro car makers. Stock is cheap, albeit with some volatility. It's a way of playing EVs with less risk.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The valuation is attractive at 11x earnings, compared to other mining names. It is a market leader in Canada for rare earth metals. There is an anticipated revenue decline, which is related to commodity prices moderating to lower levels. The company’s revenues are a function of volume and realised price of the metals sold. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cannacord reduced their price target for the company today, which could be the reason for recent weakness. The company is cash rich on the balance sheet. Currently trading at 8x earnings. Oversold and could buy today. Unlock Premium - Try 5i Free
Attracted to prospects of company.
Dividend aggressive in the past, but believes can sustain long term.
Energy transition materials will be in high demand.
Does not own shares in the company.