News: GER Greenearth Energy secures two sales of proprietary matrixx lighting system, page-4

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herbalist

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01/04/16

11:18

Post #: 17399406
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Originally posted by Algen ↑

If 40,000msq = $650,000 then 7,000,000msq = $113,750,000.

This is backed up by the following which was stated as part of today's announcement:

'The above two customers alone have a combined addressable market in Australia of more than $100,000,000 representing more than 7,000,000sqm of property area.'

As for getting their foot in the door, they have already done so as per the following comment:

'These sales follow the successful installation of Vivid Industrial lighting systems for these customers at other Australian sites.'

It should also be mentioned that these two customers account for 10% of the Australian industrial, commercial and infrastructure lighting sector in revenue terms for GER worked out from the following information:

The large and addressable market opportunity in the industrial, commercial and infrastructure lighting sector, which has an annual revenue of circa $1 billion AUD in Australia alone.

The above two customers alone have a combined addressable market in Australia of more than $100,000,000 AUD representing more than 7,000,000sqm of property area.

With a share price of 5c GER is dirt cheap, but surely it won't stay that way for much longer!

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Missed that comment you highlighted re previous installations. Makes me even happier.

And yes I had done those calcs just thought I'd let people do their own for the fun of the revelation.

And that is ignoring the elephant from Isreal.

Agree its ridiculously cheap. I would buy some more but can't till Monday.

Last edited by herbalist: 01/04/16

GER Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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News: GER Greenearth Energy secures two sales of proprietary matrixx lighting system, page-4

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