CPV 5.88% 24.0¢ clearvue technologies limited

I sold out months ago after I did my homework to see if this was...

  1. 5,675 Posts.
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    I sold out months ago after I did my homework to see if this was investment quality or not. I fully understand the low power of these windows and the horrible effect of trying to capture the sun at the worst possible angle to the sun.

    Since the 19/3/19 we have purely been discussing page 26 of the investor presentation. On the 18/3 it closed at 29c. Today it’s low was 22.5c and closed at 24.5c. That’s the companies fault, not “downrampers”.

    If page 26 said it had a 20% ROI or a 5 year or less payback, we would be having a different discussion. But the company ran a model that showed it only made 11.3% of the power burned by low energy or LED lights. No mention of ROI because I suspect the number sucks in their model.

    Have a good weekend.
 
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