It has been really tough reading through these threads over the past few weeks.
I have loved "conversing" with the large number of long term shareholders, and to see some of them sell all or part of their 3DP holdings recently has been a bit gut wrenching![]()
However, I do understand these decisions to sell some shares after the numbers in the last 2 x quarterlies & in the annual report have been very disappointing.
With 3DP's nett cash operating outflows, which have always been at quite a low level of operating outflows (total of $1.45m outflows for whole of 21/22 FY, and a total of $2.0m outflows for whole of 22/23 FY) now increasing over the past 2 x quarters.
So there is quite rightly some concern over 3DP reverting to being cash flow positive in FY24 - as announced in the last quarterly.
Having re-read the announcements from the past year or two, I remain committed to seeing Pointerra reach it's full potential.
And I am really hoping that there is soon a significant uplift in cash receipts & revenues from a combination of:
US Utilities & Velociti / Amazon starting to spend with Pointerra again - with the program delays now largely done.
Further recent wins with large utility compnaies - like Enel Colombia & BHI Energy / Westinghouse Electric Co.
Significant expansions in the Mining & Oil & Gas sector - particularly with some of the Tier 1 clients now also using 3DP in their overseas sites.
Also a significant expansion in the Transport sector (ports & airports).
Survey & mapping companies - with the onboarding process now more automated.
Large Entergy pole / grid inspection program - revenue expected to commence this FY.
Working with Vulcan Line Tools for the inspection of 50,000 poles as recently announced - which is probably the start of the Entergy 10 year deal.
Working with Carbonix & Emesent on a number of projects.
The two Chief Growth Officers really "hitting their straps" after being with the company for quite a few months now.
I will be again be attending the AGM on 22 November.
I doubt that the question time will be on the AGM video, but I am really hoping (in particular) that we get some clarity around the US utility & Amazon program delays, some clarity around whether any larger companies have ceased using the Pointerra platform, and also some clarity around the expected cash flows going forward.
- Forums
- ASX - By Stock
- 3DP
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-117
-
- There are more pages in this discussion • 6 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 3DP (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $33.00M |
Open | High | Low | Value | Volume |
4.0¢ | 4.6¢ | 4.0¢ | $269.5K | 6.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 264011 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 308773 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 264011 | 0.041 |
2 | 320000 | 0.039 |
4 | 313578 | 0.038 |
5 | 367000 | 0.037 |
6 | 1220667 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 308773 | 3 |
0.044 | 325588 | 3 |
0.045 | 302671 | 4 |
0.046 | 545000 | 2 |
0.047 | 659890 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
3DP (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online