LPE 0.00% 16.0¢ locality planning energy holdings limited

Finally they came out with a headline telling the market that...

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  1. 6,815 Posts.
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    Finally they came out with a headline telling the market that LPE is growing. The 22m revenue are based on current FY, calendar year 2018 should take us to 25m at least as 150 GWh is the minimum base we can work from. By now it should be already at 160-162 GWh, assuming 6 GWh conversion per month.

    The LPE train is nicely steaming ahead, not as fast as the french TGV / japanese Bullet train or german ICE, but fast enough to excite holders.

    Margins have increased too, the contracts run 5-7 years and if they use the growing profits to accelerate bit by bit instead of a debt facility then there is almost zero risk to that business model. Any competition hasn't actively emerged - if ever - and the talk of reducing power prices in QLD has turned into a one off $ 75 rebate for paying a monthly fixed price by direct debit which will be adjusted to the real consumption once a year.

    All the BS that the 1.5b escrowed shares will be sold on market, that a CR is imminent, that the directors milk us holders and so on has been wrong so far.

    As many have stated before, the market will catch up with success, even if it appears it is at slow motion pace. Management can't force anyone to buy, sometimes the markets can't see the forest for the trees.

    Not sure why some sold out today, there are always gazillions of reasons, but at least it is not due to company's inabilities.
 
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Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $23.42M
Open High Low Value Volume
16.0¢ 16.0¢ 16.0¢ $30.4K 190K

Buyers (Bids)

No. Vol. Price($)
1 156101 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 150961 4
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
LPE (ASX) Chart
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