LPE 0.00% 11.0¢ locality planning energy holdings limited

I don't know what everyone knows about electricity, and...

  1. 78 Posts.
    I don't know what everyone knows about electricity, and especially retail side.
    It is all about volume, it is an essential service. Nothing in utilities is fast or sexy. It is so fraught with compliance and struggle but once that volume is there you just print money.
    LPE are so unique they actually own utility infrastructure which makes them more than just a retailer. The infrastructure requires such a negligible amount of maintenance it is basically zero. Margins are high for retail, but nothing extraordinary where the kicker sits is the contract security, no retailer has 5 years… it is a rickety 2 at max.
    Q3 2016/17 we will see clear of cash burn; End Q1 17/18 Profits. This is just me working the volumes.
    I am saving to buy more stock
 
watchlist Created with Sketch. Add LPE (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $19.82M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1375323 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 354114 6
View Market Depth
Last trade - 16.12pm 11/07/2024 (20 minute delay) ?
LPE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.