CCE 10.3% 4.3¢ carnegie clean energy limited

Why does it have to be any of these? MO has discussed the delays...

  1. 927 Posts.
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    Why does it have to be any of these? MO has discussed the delays with making a profit with EMC and when they are likely to reach a profit. Hasn't it taken slightly longer to ramp the business up than anticipated, and that we are 18 months away from getting into the black? (Was it the AK interview, I can't remember).

    The landscape that CCE run their microgrid business in sounds awfully complex to me (complex enough that I would wager that anybody here who thinks they know exactly how tough it is and its intricacies are kidding themselves), and without a better explanation than what I've heard from CCE I am quite happy to take MO at his word. Retail investors complaining that we aren't making money yet and "what happened to the $17million" aren't constructive in any way, and MO has addressed this to an extent. You won't find many directors that go out of their way to dwell on disappointing historical numbers, MO is not Robinson Crusoe.

    And, surely you don't "believe much the same myself" as Jrdbull.

    If so, why are you invested in a company you believe will be broke before Christmas? And why are you invested in a company whose directors, you believe, are committing criminal acts and falsifying balance sheets? This just from his contribution today alone, declared and inferred. Be careful who you throw your lot in with.

    P.S. you should send any questions you have to CCE, they should respond to you as long as you don't begin with "As a shareholder I demand"
    Last edited by Treefern: 11/01/18
 
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