It's 138m USD in revenue which if executed well will be more...

First 110 Last

Share
Profile

Follow
makattack

34,916 Posts.

480

20/02/18

09:10

Post #: 31177324
Share

Originally posted by dim81 ↑

Nice of the AFR to finally mention the NA Williams contract, pity this wasn't in the original article, as it is a material fact underpinning the valuation of the company.

It's 138m USD in revenue which if executed well will be more than a 2.5 bagger. Also, management have been conservative with the number of deliveries, again not mentioned. AFR just trying to cover their ass incase the quantum spike in deliveries occurs as communicated.

I wasn't looking for someone to blame. I was aware that this was a pay per use model. I was not surprised that over 50% of the enterprise clients are in test pre revenue phase including NA Williams, Yum and Amazon. All this was disclosed in the prospectus.

Also as for misleading shareholders, what announcement have they had to change? The material contracts are still in play and the anticipated deliveries have not been revised down.

The market has just reduced the expectation of execution to 5%. Bargain. Now up to Bane and Joel to get up off the floor and land a few punches of their own.

Expand

It's 138m USD in revenue which if executed well will be more than a 2.5 bagger.

Was that revenue defined before or after management rode the delivery trucks? It would be great to know how they derived at such a figure and over what period of time this revenue covers. Obviously such a large revenue stream from just one company is worth a lot to the share price.

Last edited by makattack: 20/02/18

GSW Price at posting: $1.31 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Microcap Wrap: 5 explorers with news out today

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

RCE

Recce's R327 found effective against E.coli during clinical trial

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom