LPE 4.35% 11.0¢ locality planning energy holdings limited

Added 13.73 GWH of Billing November and December 2017, page-25

  1. 1,829 Posts.
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    In my opinion this is a stock which - if all continues to plan - will be worth at least 5c or 10c in 2 - 5 years from now. This is based on forecast earnings assuming conversions continue.

    But again, IMHO, I think you are dreaming if you are expecting material price gains in the next few months or even a year. Remember they are still losing money even if "Cash Flow Positive". For me this is a stock for the bottom drawer. I will continue to accumulate on evidence that the GWh conversions are continuing and share price remaining reasonable.

    For me the biggest risk is not necessarily the negative client reviews (although I agree these are not good and not indicative of a viable long-term business) but the potential client churn in 5-7 years time (partly on the back of these client reviews, and partly on increased competition). But I see definite potential to make money in the timeframe between 2020 and 2023.

    But for now my advice for everyone is to take a chill pill.

    btw I think the company would do itself a favour by having a share consolidation, it is hard to take a company seriously which has 2.5bn shares on issue at 2c each. If we had 50m shares on issue at $1 it might be taken more seriously.
 
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