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Molycorp (MCP): Q1 EPS of $0.18 beats by $0.01. Revenue of $84.5M (+222% Y/Y) misses by $31M....

Molycorp (MCP): Q1 EPS of $0.18 beats by $0.01. Revenue of $84.5M (+222% Y/Y) misses by $31M. Shares -2.9% AH. (PR)
Comments (7)
  • catamount
    , contributor
    Comments (374) | Send Message
    I'll buy 200 shares when it gets below $20 :)
    10 May 2012, 04:23 PM Reply Like
  • Richwhitehead
    , contributor
    Comments (11) | Send Message
    I find it interesting that bottom line beat estimates despite missing top line revenue estimates. Truth rests in the numbers..... Profit margins are up, REO prices have stabilized and are starting to increase. 1st qtr is always smallest of the year, and still massive increase over last year. XORBEX sales increasing massively and instant 100% sales of Phase 1 production to wholly owned NEO come the close of the deal at end of June. Looks like short sellers were focussed on trailing pricing trends... Watch for upgrades in the very near future.


    Nice job MCP! I'm buying while price is still low... I just hope we don't sell to RIO for anything less than $72 / share.
    10 May 2012, 05:39 PM Reply Like
  • alphagabby
    , contributor
    Comments (574) | Send Message
    Going once, going twice...
    10 May 2012, 06:22 PM Reply Like
  • dacric
    , contributor
    Comment (1) | Send Message
    Not a good time to sell but maybe a good time to double up...
    10 May 2012, 10:12 PM Reply Like
  • jbde
    , contributor
    Comments (665) | Send Message
    When given the 'gift' of a low price you have to be bold if you believe in the story. Phoenix completion at end of Q3 is paramount!


    What you should do is not just double up shares - but double up the $ you have invested.
    This is how you make money on the recovery.
    7 Aug 2012, 11:51 AM Reply Like
  • User 57148
    , contributor
    Comment (1) | Send Message
    Revenue that is up >200% year-over-year looks good, but a percentage gain alone is almost meaningless --the $ amount ofa revenue increase is much more important.
    The EPS missing is a damage to investors' confidence. Managements always do their best to manipulate the earning figures so that they beat the consensus. Therefore, even a small missing indicates a real big trouble.
    Finding a real truth in the Rare Earth sector is rare indeed.
    10 May 2012, 10:17 PM Reply Like
  • azreeal
    , contributor
    Comments (108) | Send Message
    The conference call was less than spectacular as the AH price action shows. There was much speculation about the future that seemed more like wishful thinking.
    10 May 2012, 10:21 PM Reply Like
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