I get your points but disagree on rev. the receivables are the issue here... had these been paid revenue would be in line with growth trend. Sure you can't count receivables as cash in the bank but even at 10% loss it covers costs with a profit.
As for the pipeline of projects, they keep getting done. They have the stock, the means to employ and train local contractors for the applications. Testing would require a few technicians periodically. Its the engineering that has a lower margin but $50m in engineering projects too is a massive lift from last year.
You make a sound argument... I don't accept the negative interpretation.
- Forums
- ASX - By Stock
- PET
- Ann: Business Update
Ann: Business Update, page-53
-
-
- There are more pages in this discussion • 158 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online