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10.3%

4.3¢ carnegie clean energy limited

Ann: Newcastle Summerhill Solar Farm, page-64

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colshrapnel

243 Posts.

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15/02/18

22:52

Post #: 31091950
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Originally posted by hanabi ↑

At least Jrdbull is not wearing rose-coloured glasses. Did you not read the last report? $5m in admin costs for EME and revenue was what? $0.8m? All from memory. You'd be a fool if you didn't ask yourself what the profit margin might be on these contract wins, assuming there is a profit. And revenue for these new projects will probably take 6m+? 1yr+? before it hits the books. We're still not out of the woods yet but at least we are winning contracts (unless we're only winning them because we are tendering too low, i.e. loss-making ).

Yes, I'm still glass-half empty and probably will be until the next quarterly.

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Revenue - good, profit - better. I think we will have to wait a while for profits. There may well be break even projects to get established and survive the early stages of this embryonic industry.

CCE Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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