Ann: Half Year Accounts 31 December 2014, page-6

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RaMa09

492 Posts.

18/03/15

15:58

Post #: 14936500
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Originally posted by kdicaup ↑

This is a very good half yearly accounts

2 main points to take out of it:

- Greenearth are phasing out the unprofitable geothermal division and this is the reason for rebranding their lighting business to Vivid Industrial. Without the geothermal end dragging them down and with Vivid Industrial up on revenues 282% with big name customers such as the Perth Railway Station, Schweppes etc, I would think that the Vivid lighting business will become cash flow positive in no time and will sustain start up expenses (R&D) for Greenearth's soon to be biggest money maker by far : NewCo2 Fuels

which brings me to the next and most important point of this presentation:

GREENEARTH HAVE SECURED ITS 33% HOLDING OF NEWCO2FUELS

I didn't want to say it, but Greenearth's announcement on the 30th of January scared the living hell out of me! a time extension to secure this gem, I was worried we would lose this.

I'm surprised the share price isn't 15c + after this news. Once this technology goes commercial (this year), this stock will fly.

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Thanks for this post. I have to admit I follow your posts keenly, as you seem to know whats happening when things start to get hot!

I got in and think this could run back to our previous highs, especially with securing of the holding of NewCo2Fuels.

GER Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Ann: Half Year Accounts 31 December 2014, page-6

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