WND 0.00% 99.5¢ windlab limited

Ann: Half Yearly Report and Accounts, page-14

  1. 358 Posts.
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    Ha, yes, there is a point where you have to stop buying, no matter how much you like the company!  (I have reached the same point for WND!)

    Before this little Lakeland Bungle, I think the company has done a pretty fair job of hitting their prospectus and timelines etc. So its a bit sad that the market has dumped this stock so hard for the delay.


    2019 is looking like a pretty bright year.... there is the ~$5m from the sale of Greenwich Wind Farm in US (which has a ridiculous long settlement period etc, I forget from the announcement).  + Dividend and Asset management from Kennedy Stage 1 starting in Feb/March, plus the Lakeland development fee and financial close (Feb according to the latest annoucement) + Kiata Dividend.  Hopefully, something like a ~$35M revenue year.  Given that the company runs a fairly fixed cost base of around $8-9M per year, that is pretty exciting.


    2020, hopefully will Kennedy Energy Stage 2.  That would be nice.

    So its all about patience at the moment. 

 
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