re: Ann: CBD AND CHINA PARTNERS ESTABLISH AUS...
"How fickle can the market be?"
Well, the joint venture is all in the future, some people could call it a pie in the sky. 6 billion dollar ambition from unknown quantity.
Maybe investors will take more notice, when somebody will put some real money on the table. Like the 200 million for the Taralga project.
Until then, this whole thing is starting to look like the previous Labour government in NSW and its rail and light rail transport projects.
Announcements and more announcements, announcements about announcements and then announcement that previous announcement is now canceled, but there will be another announcement soon.
Time to stop the talk and do some work, I think. When this JV finally builds a thing or two, maybe people will take them more seriously.
The language of the market is money, let us see some invested and some made.
Meanwhile, how about some progress report from Thailand, CBD is installing a solar plant there, what is status of that?
The Italian Job, has the agreement been been finalized? When will the bobcats arrive to start working?
How many of 3 or 4 thousand of domestic installation backlog have been completed so far? It has been raining a lot, all over the country, some floods, many homes destroyed, did that have any effect on our projects?
How about some sales figures from Harvey Norman solar , is it too early for that?
Certainly our chart from February until now looks impressive, but there are more and bigger red candles than green candles. I think that means a profit taking is prevalent ATM.
CBD Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held