LPE 0.00% 16.0¢ locality planning energy holdings limited

Revenue can sometimes disguise what's really going on, profit is...

  1. 6,815 Posts.
    lightbulb Created with Sketch. 206
    Revenue can sometimes disguise what's really going on, profit is what counts. But I agree, in LPE's case it is still beyond belief that mc is just about 45m. I agree with you, for 2018 LPE should based its revenue on average on 180 GWH, at least 3m -3.5m in profit margin. But as the profits get reinvested into even more growth the 4C hardly shows a final profit. And that's what the market sees, unfortunately not making the effort to look a bit closer. But the industry players and some funds have done their homework and it is just a matter of time when the bigger pockets start the buying / bidding frenzy. Could start on Monday in expectation for the next 4C, due in the coming weeks.

    Directors did the right thing by selling their shares off-market to a fund. Of course any selling by directors has always been interpreted as " All is lost " - LOL - but that's the beauty of the human mind. Never seen a director explaining their selling - that has increased management's credibility in my mind.

    Had to gamble, had to sell all my shares recently but fortunately bought them all back, just the brokerage costs to add. Now let the sp rise begin...

    GLTA
 
watchlist Created with Sketch. Add LPE (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $23.42M
Open High Low Value Volume
16.0¢ 16.0¢ 16.0¢ $30.4K 190K

Buyers (Bids)

No. Vol. Price($)
1 156101 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 150961 4
View Market Depth
Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
LPE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.