GCN 0.00% 0.7¢ goconnect limited

stockland to launch goconnect free wifi market, page-42

  1. 11,400 Posts.
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    Von,

    I think your sites are set similar to mine although I got there by a different route..

    So far we only know JAM and Flinders will be up for the entire 3 months...

    Assuming Flinders was the entire 20k difference, and that it was operating for 1 month AND jam has similar revenue:

    Flinders: 60k
    Jam: 60k

    Now century isn't up yet, but it was 'apparently' testing last week, so perhaps end of november?

    Century: 20-30k

    Costs last quarter sky rocketed because of 'production staff' which apparently 5 people were hired (and cost 180k for 3 months and 1 low-quality video) but anyway, thats neither here nor there.

    If a stocklands got started up, i.e. Balgowah was mentioned, lets say it can be started up in 2 weeks they just need to get stores/advertisers on board.

    thats another 20k revenue and a possible reduction in staffing costs of 180k.

    Assuming the working capital stays the same, as they started 2 sites last quarter and 2 sites again (possibly this quarter) the scenario I think we would be looking at, to prove scalability:

    160 to 170k revenue
    395 to 430k costs
    (270k) to (225k) loss

    Thats my bet for the quarter, happy to hear others predictions/guesses.

    If it comes in far worse than IMO shareholders should worry.

    The good thing about this quarter is you will see 2 data points, which should hint as to prove or disprove the scalability of the venture in cold hard numbers.

 
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