Hi Dianna / Mickem etc
I have put the following information together to try and get some clarity in regards to the business outlook and the way announcements happen in regards to PET forecasting. There is not a consistency in how PET announce to the market which is somewhat frustrating and something that has held things back as they have missed their forecast over time. If they were to come out and say the forecast is a minimum of $ 50 M for 2020 then this is a doubling of the business over 2019, which in itself is very impressive in today environment and not many other companies could achieve this outcome.
I would appreciate comments or guidance on what I have put together below from their various announcements over the past 3 to 6 months.
As a headline I have a minimum of $ 50 M already committed or contracted for 2020 so if I am missing something that would be useful to have it corrected. The italics are committed number from the announcements
I have been in PHK/PET for over 10 years so I hope this year will see our recovery.
China
1 Xingyun Lake
4,000 @ 3 K
$ 12 Million - Business update
2 Shilongba Res
$ 25 Million –
$ 20 Million in 2020 - recent announcement
3 Dianchi Catchment Area
Additional
$ ??? but big
4 South Lake – Wuhan
$ ??
5 Beijing Canal and Wetlands
Already contracted could be in Maintenance
$ ??
6 7 International
8 International new customers
1,500 to 3,000
$ 4.5 to $ 9 Million
9 Brazil new Contract
$ 2 million - signed in Q1 2020
10 Florida
400 @ 3 K
$ 1,2 Million - Delayed from 2019
11 Existing customers including Pampulha
2,000 @ 3k
$ 6 Million - from business update
12 13 Engineering and Maintenance
???
$ 10 million
14 15 Total
$ 50 Million not including ?? or new international customers or further Business from China
16
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Hi Dianna / Mickem etcI have put the following information...
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