I'm inclined to agree Greg. Just one more week to go. They've...

First 2 Last

verce

7,511 Posts.

842

19/07/18

20:58

Post #: 34461660

Originally posted by gregke ↑

I have been doing some researching.

Results from the quarters of 2016/2017

Column 1 Column 2

1 Q1 $1.5 mill

2 Q2 $1.7 mill

3 Q3 $0.6 mill

4 Q4 $1.0 mill

Total $4.8 mill.

Remembering this 2016/2017, however,the most significant information released was in the Q3 in which they announced that they already had $4.8 mill orders for 2018.

Results from the quarters of 2017/2018

Column 1 Column 2

1 Q1 $0.9 mill

2 Q2 $4.8 mill

3 Q3 $0.7 mill

4 Q4 due at the end of this month

Now Q1 and Q2 refer to the second half of 2017. So far in 2018 their receipts are only $0.7 mill. Interestingly the company announced in Q3 they had $8.6 mill in orders for 2018 as of the end of April. They have since signed a commercial deal with Origin energy.

These next 2 quarters should be rippers. Possibly this explains why there has not been a capital raise as they may be cash flow positive.

All my thoughts of course.

Expand

I'm inclined to agree Greg. Just one more week to go. They've got Honeywell, Coca Cola, Linfox, Asahi, Mercedes Benz, Arnotts, Goodman, Woolworths, Stockland, Ingham and Dulux onboard (among many others) so the validation of the tech and word of mouth/referrals must be accelerating.

Good stock to be in with the current energy crisis not due to go away any time soon (in fact it will probably get worse). Increased electricity costs have gotta be hurting the bottom line of all the blue chips. VIV is a natural fit.

VIV Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held

4 Upvote

0 Great analysis

Top Stories

SBM

St Barbara boosts Simberi reserves in PNG by 40%

ASX Market Open: Local bourse to fall as world awaits Fed call | July 30

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

PAM

PAM secures high-grade Chilean copper play in strong territory