GER 0.00% 5.4¢ greenearth energy limited

News: GER Greenearth Energy Ltd says NCF signs letter of intent with SINOPEC & Blooming Tech, page-10

  1. 503 Posts.
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    fourdollars@ - your view is quite pessimistic, but I appreciate it because it forced me to do more of my own research. Agree that Synopec are not easy partners but at the same time provide a big window of opportunity in a enormous size of market of Asia and China in particularly. Also NCF as Israeli background company can be also very tough negotiators in any potential deal they can reach. Anyway, any commercial deal announcement should come in coming months.

    As for the lighting business, according the annual report the margins are high and the sales is growing rapidly: 'An increase in total revenue from $1,174,016 to $3,300,258 was driven primarily by a 251% increase in sales revenue (from $637,176 to $2,239,222)'. I will continue to hold this stock for LT
 
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Currently unlisted public company.

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