SPO 0.00% $1.71 spotless group holdings limited

Interesting times ahead, page-33

  1. 6,633 Posts.
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    Some more details on the contracts starting up this FY, from slide 26 of the FY16 Presentation;

    1) Sydney Convention Center; >30m revenue p.a. Opened 12th Dec;
    http://architectureau.com/articles/international-convention-centre-sydney-opens/

    2) Bendigo Hospital; >30m revenue p.a. Operational 20th Jan;
    http://www.bendigoadvertiser.com.au/story/4414776/hospital-prepares-for-handover/

    3) Sunshine Coast Hospital; 10-30m revenue p.a. (but >750m over 25 years, so much be close to 30m), staged opening to begin 21st March;
    https://mysunshinecoast.com.au/news...-service-commencement-details-announced,47715

    4) ANU;  <10m revenue pa. was due to start this calendar year i think, but cant find a link.

    5,6)Schools, 12 in Vic, 8 in WA; <10m p.a. each state, staged opening

    Thats  probably around $120m full year revenue, but we might only see around a third of it this FY.

    There is also the new royal Adelaide hospital which will be good revenue when it starts, there is a currently legal action between SA Gov and Building consortium, Spotless isnt party to the legal action, but it delays revenue.
 
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