Totally agree Re: dividend. Just to clarify I don't hate this...

First 22 Last

Share
Profile

Follow
martincooper

498 Posts.

20

01/12/17

11:44

Post #: 29287139
Share

Originally posted by shaftoe ↑

Here is a mini rant that may or may not help you clarify your investment strategy.

What I should have learnt is to take some off the table when we get the hype spikes (I have not done this btw, I just accumulate). The company is great at fueling hype. Then there is a lull and it crawls back down. It will do this until we hit real commercialisation progress and/or add major projects.

The reality is this is a medium to long term sock that was purely wave R&D and more recently got into microgrids. The ASX is horrible at valuing / rewarding longer term growth potential, it knows cashflow businesses and mining and thats it! CCE redirected EMC to focus on higher value / specialised projects, ie Defence. These have long lead times. It will take time. Each one will be worth 2-3 times the past years revenue though, so there is nice upside. It does make quarterly revenue lumpy (and really low sometimes). Soon Northam should result in a mil or so cash for the project development fees - I expect an announcement this side of Christmas.

Do not even think about dividends. Go buy bank shares if you want dividends. The MO reference to that was taken out of context - I was in the presentation. He almost laughed it off and made that point that in a few years when we are making a profit we can consider that sort of thing. That's it. There will be no dividends for years.

Expand

Totally agree Re: dividend.

Just to clarify I don't hate this company, I hate myself for being dumb. I didn't know what I . was getting into and I didn't research enough after the EMC acquisition. I feel really stupid on that one. And yes, it is an interesting company!

CCE Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BME

Working to build a viable uranium resource in Senegal

HotCopper highlights From the Floor: RIU Uranium Investment Day

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 6 more messages in this thread...

First 22 Last

Add CCE (ASX) to my watchlist

(20min delay)
Last 4.3¢		Change 0.004(10.3%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
4.0¢	4.3¢	3.9¢	$29.87K	733.5K

Buyers (Bids)

No.	Vol.	Price($)
1	5000	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	177443	4

Last trade - 13.45pm 20/11/2024 (20 minute delay)

CCE (ASX) Chart

Totally agree Re: dividend. Just to clarify I don't hate this...

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Working to build a viable uranium resource in Senegal

HotCopper highlights From the Floor: RIU Uranium Investment Day

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Totally agree Re: dividend. Just to clarify I don't hate this...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Working to build a viable uranium resource in Senegal

HotCopper highlights From the Floor: RIU Uranium Investment Day

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News