FBR 4.55% 4.6¢ fbr ltd

Ann: FBR and Brickworks form joint venture, page-150

  1. 2,992 Posts.
    lightbulb Created with Sketch. 1419
    One article states that FBR said 1 Hadrian can build 300 homes per year.
    If bricklaying costs are $15,000 per house, then 1 machine can generate $4.5m revenue per year.
    Last year, there were 220,000 homes built in Australia. If Fastbricks Australia can capture 1% of that, they would need 7 Hadrians and could generate $31.5m per year. This is just in Australia's tiny market and capturing just 1% of the market. They probably have enough cash to get 5 more built.

    This stock is under priced at $100m.
 
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4.5¢ 4.6¢ 4.3¢ $228.5K 5.099M

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