Australia's largest stock trading and investment forum Australia's #1 stock forum

EPW

Click for more information

0.21%

$2.43 erm power limited

Ann: FY17 Half Year Investor Presentation, page-47

First 47 Last

Share
Profile

Follow
FSW

122 Posts.

10/03/17

07:55

Post #: 23237159
Share

Originally posted by WR888 ↑

Looking at Slide 26, the load sold is 8.9 TWh. At a FY2017 gross margin outlook of only $3.00/MWh, the Underlying Gross Margin comes to about only 8900000 MWhrs x 3 = 26.7 Mil AUD. This is far from that 40.3 Mil earned in the previous comparative period. Did I get this understanding correct ?

Secondly, back in the FY16 AGM presentation, the board provided a guidance something like 12 cps will again be given for FY17. So,... since for 1H17, they gave 3.5 cps, are they going to give 8.5 cps, or close to this in the 2H17 ? I kinda find it hard to believe they will,... or they are able to,....

Thirdly, looking at Slide 26, the slight change in the outlook for the US Retail business in both Sales and Margin being down by apprx 15% and 10% respectively...while opex outlook is up is a but uneasy too,....but there are these words : Continued operations only. Does this mean things may improve with newer customers coming in ?

Thoughts please...

Expand

You highlight correctly.
No growth in domestic, and margins flat. US business volumes and margins both guided down.
EPW will tell you they lead with great account management. But now that margins are stable there is no growth left, or is it no room left to lead on price so no growth left?

EPW Price at posting: $1.09 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer’s drug could change the game

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

There are more pages in this discussion • 1 more message in this thread...

First 47 Last

Add EPW (ASX) to my watchlist

SPONSORED BY