Missed that comment you highlighted re previous installations....

First 4 Last

Share
Profile

Follow
herbalist

6,201 Posts.

22

01/04/16

11:18

Post #: 17399406
Share

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!

Expand

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
Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

MLS

Metro Mining lines up multi-cargo deals, hitting 6.9M WMT in 2025

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

QGL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 1 more message in this thread...

First 4 Last

Add GER (ASX) to my watchlist

Missed that comment you highlighted re previous installations....

Top Stories

Trump is President Again: What Does This Mean for Crypto?

Metro Mining lines up multi-cargo deals, hitting 6.9M WMT in 2025

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint